PROVITEC
ActiveSummary
PROVITEC has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €166,121 and a net result of €21,284. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 15872 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-10
Solvency63▼-15
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 2.08 in 2023; short-term debt: 61.8% and cash: 60.7% of total assets), but 62.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
55 d early
2022
32 d early
2021
31 d late
2020
37 d early
2019
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#8 oldest company in Chièvres, Wholesale and retail trade sector#9 company by total assets in Chièvres, Wholesale and retail trade sector
Equity
€166,121▼ 6.1%
2023 · €176,837
Total assets
€438,516▲ 31.8%
2023 · €332,680
Net result
€21,284▼ 51.7%
2023 · €44,104
Working capital
€148,537▼ 10.9%
2023 · €166,758
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€66,250▲ 19.0%€19,388▼ 70.7%€41,721▲ 115%€57,749▲ 38.4%€32,296▼ 44.1%
Net result€46,027above the sector's middle half▲ 17.2%€12,853within the sector's middle half▼ 72.1%€30,880above the sector's middle half▲ 140%€44,104above the sector's middle half▲ 42.8%€21,284within the sector's middle half▼ 51.7%
Equity€262,700above the sector's middle half▲ 11.5%€256,053above the sector's middle half▼ 2.5%€285,733above the sector's middle half▲ 11.6%€176,837above the sector's middle half▼ 38.1%€166,121within the sector's middle half▼ 6.1%
Total assets€354,665within the sector's middle half▲ 6.1%€311,652within the sector's middle half▼ 12.1%€370,139within the sector's middle half▲ 18.8%€332,680within the sector's middle half▼ 10.1%€438,516above the sector's middle half▲ 31.8%
Debt€91,966▼ 6.8%€55,599▼ 39.5%€84,407▲ 51.8%€155,843▲ 84.6%€272,396▲ 74.8%
Working capital€245,113above the sector's middle half▲ 13.7%€236,775above the sector's middle half▼ 3.4%€273,482above the sector's middle half▲ 15.5%€166,758above the sector's middle half▼ 39.0%€148,537above the sector's middle half▼ 10.9%
Solvency74.1%above the sector's middle half▲ 3.6pp82.2%above the sector's middle half▲ 8.1pp77.2%above the sector's middle half▼ 5.0pp53.2%within the sector's middle half▼ 24.0pp37.9%within the sector's middle half▼ 15.3pp
Current ratio3.92above the sector's middle half▲ 0.415.50above the sector's middle half▲ 1.584.30above the sector's middle half▼ 1.202.08within the sector's middle half▼ 2.221.55within the sector's middle half▼ 0.53
Return on assets (ROA)13.0%within the sector's middle half▲ 1.2pp4.1%within the sector's middle half▼ 8.9pp8.3%within the sector's middle half▲ 4.2pp13.3%above the sector's middle half▲ 4.9pp4.9%within the sector's middle half▼ 8.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €438,516
Fixed assets
€19,162 ▲ 64.4%
Current assets
€419,354 ▲ 30.6%
Equity and liabilities €438,516
Equity
€166,121 ▼ 6.1%
Debt
€272,396 ▲ 74.8%
Debt's share of the balance-sheet total rises from 46.8% to 62.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35,032▼
2023 · €59,921
Cash flow
€24,020▼
2023 · €46,276
Quick ratio
1.45▼
2023 · 1.91
Debt to equity
1.64▲
2023 · 0.88
ROE
12.8%▼
2023 · 24.9%
Interest coverage
38.16▼
2023 · 49.90
Debt ≤ 1 year
€270,817▲
2023 · €154,265
Income taxes
€10,106▼
2023 · €12,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,181 | €8,701 | €8,461 | €2,172 | €2,736 | ▲ 26.0% |
| Other operating charges640/8 | - | €1,037 | €2,974 | €844 | €736 | ▼ 12.8% |
| Gross operating margin9900 | €75,267 | €29,127 | €53,156 | €60,765 | €35,768 | ▼ 41.1% |
| Operating profit (loss)9901 | €66,250 | €19,388 | €41,721 | €57,749 | €32,296 | ▼ 44.1% |
| Financial income75/76B | - | €303 | €13 | €179 | €12 | ▼ 93.2% |
| Recurring financial income75 | €356 | €303 | €13 | €179 | €12 | ▼ 93.2% |
| Financial charges65/66B | - | €1,848 | €1,111 | €1,201 | €918 | ▼ 23.5% |
| Recurring financial charges65 | €1,580 | €1,848 | €1,111 | €1,201 | €918 | ▼ 23.5% |
| Profit (loss) for the period before taxes9903 | €65,026 | €17,844 | €40,623 | €56,727 | €31,390 | ▼ 44.7% |
| Income taxes67/77 | €18,999 | €4,991 | €9,743 | €12,623 | €10,106 | ▼ 19.9% |
| Profit (loss) for the period9904 | €46,027 | €12,853 | €30,880 | €44,104 | €21,284 | ▼ 51.7% |
| Profit (loss) for the period to be appropriated9905 | €46,027 | €12,853 | €30,880 | €44,104 | €21,284 | ▼ 51.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €354,665 | €311,652 | €370,139 | €332,680 | €438,516 | ▲ 31.8% |
| Fixed assets21/28 | €25,691 | €22,290 | €13,829 | €11,657 | €19,162 | ▲ 64.4% |
| Tangible fixed assets22/27 | €25,291 | €21,890 | €13,429 | €11,257 | €18,762 | ▲ 66.7% |
| Plant, machinery and equipment23 | - | €14,787 | €12,837 | €10,888 | €16,416 | ▲ 50.8% |
| Furniture and vehicles24 | - | €7,103 | €592 | €369 | €2,346 | ▲ 536% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €328,974 | €289,362 | €356,310 | €321,023 | €419,354 | ▲ 30.6% |
| Stocks and contracts in progress3 | €12,466 | €11,033 | €13,143 | €27,014 | €26,452 | ▼ 2.1% |
| Stocks30/36 | - | €11,033 | €13,143 | €27,014 | €26,452 | ▼ 2.1% |
| Amounts receivable within one year40/41 | €39,550 | €43,329 | €88,091 | €127,644 | €71,893 | ▼ 43.7% |
| Trade receivables40 | - | €36,753 | €79,790 | €127,626 | €71,893 | ▼ 43.7% |
| Other amounts receivable41 | - | €6,576 | €8,301 | €18 | €0 | ▼ 100% |
| Current investments50/53 | €52,087 | €52,254 | €52,270 | €52,387 | €52,387 | = |
| Cash at bank and in hand54/58 | €222,471 | €179,626 | €200,407 | €111,528 | €266,222 | ▲ 139% |
| Deferred charges and accrued income490/1 | - | €3,119 | €2,400 | €2,450 | €2,400 | ▼ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €354,665 | €311,652 | €370,139 | €332,680 | €438,516 | ▲ 31.8% |
| Equity10/15 | €262,700 | €256,053 | €285,733 | €176,837 | €166,121 | ▼ 6.1% |
| Contributions10/11 | €153,600 | €153,600 | €153,600 | €18,600 | €18,600 | = |
| Reserves13 | €107,830 | €102,430 | €101,230 | €83,230 | €72,230 | ▼ 13.2% |
| Non-distributable reserves130/1 | - | €6,230 | €6,230 | €6,230 | €6,230 | = |
| Reserves not available under the articles1311 | - | €6,230 | €6,230 | €6,230 | €6,230 | = |
| Distributable reserves133 | - | €96,200 | €95,000 | €77,000 | €66,000 | ▼ 14.3% |
| Profit (loss) carried forward14 | €1,270 | €23 | €30,903 | €75,007 | €75,291 | ▲ 0.4% |
| Amounts payable17/49 | €91,966 | €55,599 | €84,407 | €155,843 | €272,396 | ▲ 74.8% |
| Amounts payable after more than one year17 | €7,116 | €1,434 | €0 | - | - | - |
| Financial debts170/4 | - | €1,434 | €0 | - | - | - |
| Amounts payable within one year42/48 | €83,861 | €52,586 | €82,828 | €154,265 | €270,817 | ▲ 75.6% |
| Current portion of amounts payable after more than one year42 | - | €5,682 | €1,434 | €0 | - | - |
| Trade debts44 | €53,752 | €20,437 | €63,210 | €122,188 | €121,898 | ▼ 0.2% |
| Suppliers440/4 | - | €20,437 | €63,210 | €122,188 | €121,898 | ▼ 0.2% |
| Taxes, remuneration and social security45 | - | €6,943 | €16,960 | €14,052 | €16,895 | ▲ 20.2% |
| Taxes450/3 | - | €6,943 | €16,960 | €14,052 | €16,895 | ▲ 20.2% |
| Other amounts payable47/48 | - | €19,524 | €1,224 | €18,024 | €132,024 | ▲ 632% |
| Accrued charges and deferred income492/3 | - | €1,579 | €1,579 | €1,579 | €1,579 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,027 | €12,853 | €30,880 | €44,104 | €21,284 | ▼ 51.7% |
| + Depreciation and write-downs630 | €8,181 | €8,701 | €8,461 | €2,172 | €2,736 | ▲ 26.0% |
| Operating cash flow (approximation) | €54,208 | €21,554 | €39,340 | €46,276 | €24,020 | ▼ 48.1% |
| Investment in fixed assets (approximation) | - | -€5,300 | €0 | €0 | -€10,241 | - |
| Change in cash | - | -€42,845 | €20,781 | -€88,879 | €154,693 | ▲ 274% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €12,853 ▼72.1%
Net result drops to €12,853, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €46,027 ▲17.2%
Operating result €66,250, net result €46,027, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chièvres · 1 establishment unit since 1999
Ground area
772 m²
Building footprint
326 m²
Volume, LiDAR
2,078 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PROVITEC
since 19992.092.955.934
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51037B0004/00L000 | Wallonia | 559 m² | 1 · 113 m² | 10.8 m · 3 fl. |
| 51028A0404/00A000 | Wallonia | 213 m² | 1 · 213 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 192 companies in sector 46421 we hold annual accounts for 129. 97 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-11-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46421Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467525845
Also
9925:BE0467525845
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.