provoost.engineering
ActiveSummary
provoost.engineering has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €454,395 and a net result of €1.6m. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency42▼-9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.23 in 2024; short-term debt: 83% and cash: 63% of total assets), and 83% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17%
Return on assets
58.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8765 sector peers (2025).
NBB · sector comparisonPosition among 8765 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-02-2026, 179 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
179 d early
2024
106 d early
2023
100 d early
2022
98 d early
2021
96 d early
2020
106 d early
2019
79 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 109 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€454,395▲ 0.8%
2024 · €450,670
Total assets
€2.7m▲ 55.1%
2024 · €1.7m
Net result
€1.6m▲ 182%
2024 · €551,901
Working capital
€308,712▲ 4.7%
2024 · €294,929
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20212022202320242025
Operating result€353,006▼ 46.6%€734,538▲ 108%€955,027▲ 30.0%€758,597▼ 20.6%€1.6m▲ 108%
Net result€329,362above the sector's middle half▼ 48.0%€610,727above the sector's middle half▲ 85.4%€932,178above the sector's middle half▲ 52.6%€551,901above the sector's middle half▼ 40.8%€1.6mabove the sector's middle half▲ 182%
Equity€485,864within the sector's middle half▲ 3.3%€486,591within the sector's middle half▲ 0.1%€488,769within the sector's middle half▲ 0.4%€450,670within the sector's middle half▼ 7.8%€454,395within the sector's middle half▲ 0.8%
Total assets€1.8mwithin the sector's middle half▼ 23.9%€2.0mwithin the sector's middle half▲ 11.8%€2.3mwithin the sector's middle half▲ 16.4%€1.7mwithin the sector's middle half▼ 24.4%€2.7mabove the sector's middle half▲ 55.1%
Debt€1.3m▼ 31.2%€1.5m▲ 16.3%€1.8m▲ 21.6%€1.3m▼ 28.9%€2.2m▲ 74.2%
Working capital€459,794above the sector's middle half▼ 4.5%€408,804above the sector's middle half▼ 11.1%€374,258within the sector's middle half▼ 8.5%€294,929within the sector's middle half▼ 21.2%€308,712within the sector's middle half▲ 4.7%
Solvency27.7%within the sector's middle half▲ 7.3pp24.8%below the sector's middle half▼ 2.9pp21.4%below the sector's middle half▼ 3.4pp26.1%below the sector's middle half▲ 4.7pp17.0%below the sector's middle half▼ 9.1pp
Current ratio1.42within the sector's middle half▲ 0.111.30within the sector's middle half▼ 0.121.22within the sector's middle half▼ 0.091.23within the sector's middle half▲ 0.021.14within the sector's middle half▼ 0.09
Return on assets (ROA)18.8%above the sector's middle half▼ 8.7pp31.1%above the sector's middle half▲ 12.3pp40.8%above the sector's middle half▲ 9.7pp31.9%above the sector's middle half▼ 8.9pp58.2%above the sector's middle half▲ 26.2pp
Staff (FTE)16.2above the sector's middle half▼ 12.0%16.9above the sector's middle half▲ 4.3%16.7above the sector's middle half▼ 1.2%17.6above the sector's middle half▲ 5.4%17.9above the sector's middle half▲ 1.7%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 108% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€145,683 ▼ 9.4%
Current assets
€2.5m ▲ 61.7%
Equity and liabilities €2.7m
Equity
€454,395 ▲ 0.8%
Debt
€2.2m ▲ 74.2%
Debt's share of the balance-sheet total rises from 73.9% to 83.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.6m▲
2024 · €788,947
Cash flow
€1.6m▲
2024 · €582,251
Debt to equity
4.90▲
2024 · 2.83
ROE
343.0%▲
2024 · 122.5%
Interest coverage
759.69▲
2024 · 192.15
Debt ≤ 1 year
€2.2m▲
2024 · €1.3m
Income taxes
€18,937▼
2024 · €204,311
Staff costs
€1.4m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,613 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2,000 | €1,810 | - | - | - | - |
| Remuneration, social security and pensions62 | €1.1m | €1.1m | €1.3m | €1.3m | €1.4m | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,357 | €35,260 | €28,820 | €30,350 | €32,221 | ▲ 6.2% |
| Other operating charges640/8 | €6,447 | €6,399 | €7,283 | €6,996 | €7,327 | ▲ 4.7% |
| Gross operating margin9900 | €1.5m | €1.9m | €2.3m | €2.1m | €3.0m | ▲ 41.9% |
| Operating profit (loss)9901 | €353,006 | €734,538 | €955,027 | €758,597 | €1.6m | ▲ 108% |
| Financial income75/76B | €143 | €3,233 | €0 | €1,721 | €520 | ▼ 69.8% |
| Recurring financial income75 | €143 | €3,233 | €0 | €1,721 | €520 | ▼ 69.8% |
| Financial charges65/66B | €9,908 | €8,210 | €6,333 | €4,106 | €2,121 | ▼ 48.3% |
| Recurring financial charges65 | €9,908 | €8,210 | €6,333 | €4,106 | €2,121 | ▼ 48.3% |
| Profit (loss) for the period before taxes9903 | €343,241 | €729,562 | €948,694 | €756,212 | €1.6m | ▲ 109% |
| Income taxes67/77 | €13,878 | €118,835 | €16,516 | €204,311 | €18,937 | ▼ 90.7% |
| Profit (loss) for the period9904 | €329,362 | €610,727 | €932,178 | €551,901 | €1.6m | ▲ 182% |
| Profit (loss) for the period to be appropriated9905 | €329,362 | €610,727 | €932,178 | €551,901 | €1.6m | ▲ 182% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.0m | €2.3m | €1.7m | €2.7m | ▲ 55.1% |
| Fixed assets21/28 | €206,329 | €201,560 | €179,930 | €160,855 | €145,683 | ▼ 9.4% |
| Tangible fixed assets22/27 | €173,438 | €168,669 | €147,039 | €141,234 | €130,272 | ▼ 7.8% |
| Land and buildings22 | €139,175 | €126,677 | €114,178 | €101,645 | €89,146 | ▼ 12.3% |
| Plant, machinery and equipment23 | €5,301 | €6,497 | €4,981 | €7,632 | €5,312 | ▼ 30.4% |
| Furniture and vehicles24 | €28,962 | €35,495 | €27,881 | €31,958 | €35,813 | ▲ 12.1% |
| Financial fixed assets28 | €32,891 | €32,891 | €32,891 | €19,621 | €15,411 | ▼ 21.5% |
| Current assets29/58 | €1.5m | €1.8m | €2.1m | €1.6m | €2.5m | ▲ 61.7% |
| Amounts receivable within one year40/41 | €703,835 | €865,489 | €945,830 | €778,139 | €810,932 | ▲ 4.2% |
| Trade receivables40 | €689,114 | €865,489 | €945,079 | €766,485 | €808,523 | ▲ 5.5% |
| Other amounts receivable41 | €14,722 | - | €750 | €11,654 | €2,408 | ▼ 79.3% |
| Cash at bank and in hand54/58 | €790,124 | €853,699 | €1.1m | €734,681 | €1.7m | ▲ 130% |
| Deferred charges and accrued income490/1 | €55,473 | €42,884 | €46,742 | €54,386 | €35,252 | ▼ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.0m | €2.3m | €1.7m | €2.7m | ▲ 55.1% |
| Equity10/15 | €485,864 | €486,591 | €488,769 | €450,670 | €454,395 | ▲ 0.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €39,411 | €39,411 | €39,411 | €39,411 | €39,411 | = |
| Tax-exempt reserves132 | €37,551 | €37,551 | €37,551 | €37,551 | €37,551 | = |
| Distributable reserves133 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €427,853 | €428,579 | €430,758 | €392,659 | €396,384 | ▲ 0.9% |
| Amounts payable17/49 | €1.3m | €1.5m | €1.8m | €1.3m | €2.2m | ▲ 74.2% |
| Amounts payable after more than one year17 | €180,260 | €123,773 | €65,419 | €5,115 | - | - |
| Financial debts170/4 | €180,260 | €123,773 | €65,419 | €5,115 | - | - |
| Amounts payable within one year42/48 | €1.1m | €1.4m | €1.7m | €1.3m | €2.2m | ▲ 74.9% |
| Current portion of amounts payable after more than one year42 | €54,669 | €56,487 | €58,354 | €60,304 | €5,115 | ▼ 91.5% |
| Trade debts44 | €241,713 | €371,830 | €318,092 | €243,560 | €263,038 | ▲ 8.0% |
| Suppliers440/4 | €241,713 | €371,830 | €318,092 | €243,560 | €263,038 | ▲ 8.0% |
| Taxes, remuneration and social security45 | €225,566 | €315,591 | €424,691 | €378,885 | €401,489 | ▲ 6.0% |
| Taxes450/3 | €51,181 | €113,937 | €208,013 | €137,577 | €154,609 | ▲ 12.4% |
| Remuneration and social security454/9 | €174,385 | €201,654 | €216,678 | €241,308 | €246,880 | ▲ 2.3% |
| Other amounts payable47/48 | €567,690 | €609,360 | €930,000 | €589,528 | €1.6m | ▲ 164% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €329,362 | €610,727 | €932,178 | €551,901 | €1.6m | ▲ 182% |
| + Depreciation and write-downs630 | €47,357 | €35,260 | €28,820 | €30,350 | €32,221 | ▲ 6.2% |
| Operating cash flow (approximation) | €376,719 | €645,987 | €960,998 | €582,251 | €1.6m | ▲ 173% |
| Investment in fixed assets (approximation) | - | -€30,490 | -€7,190 | -€11,275 | -€17,049 | ▼ 51.2% |
| Change in cash | - | €63,575 | €259,124 | -€378,142 | €953,589 | ▲ 352% |
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
Next filing, fiscal year 2026, expected by
2026
23-06
State Gazette act
Resignation: Willems - Van Huffel BV (director)Appointments: ProvoCo BV, Alexander Willems and Leen Van Huffel · Permanent representatives: Niels Colson and Wim Vernaeve · Declaration9 facts ▸
State Gazette act
Resignation: Willems - Van Huffel BV (director)
Appointments: ProvoCo BV, Alexander Willems and Leen Van Huffel · Permanent representatives: Niels Colson and Wim Vernaeve · Declaration9 facts ▸
- General meeting, 13-05-2026
- Director resignation, Willems - Van Huffel BV (director)
- Director appointment, ProvoCo BV (sole director)
- Permanent representative, Niels Colson (permanent representative)
- Permanent representative, Wim Vernaeve (plaatsvervangende vaste vertegenwoordiger)
- Declaration, 13-05-2026
- Board meeting, 29-05-2026
- Director appointment, Alexander Willems (day-to-day manager)
- Director appointment, Leen Van Huffel (day-to-day manager)
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €1.6m ▲182%
Operating result €1.6m, net result €1.6m, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €329,362 ▼48%
Net result drops to €329,362, the lowest in the series; recovery starts the following year.
16-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26080032). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 1
ProvoCo
CurrentSole director · since 13-05-2026 · Private limited company
Day-to-day management 2
Alexander Willems
CurrentDay-to-day manager · since 29-05-2026
Leen Van Huffel
CurrentDay-to-day manager · since 29-05-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1988
Ground area
1,676 m²
Building footprint
311 m²
Volume, LiDAR
1,777 m³
Parcel 44432C0082/00K002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
provoost.engineering
since 19882.231.645.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0082/00K002 | Flanders | 1,676 m² | 1 · 311 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
4 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| ProvoCo |
|
| Alexander Willems |
|
| Leen Van Huffel |
|
| WILLEMS - VAN HUFFEL |
|
Articles of association
Other statement
One provision in the deed
Structure & network
Owners and holdings
1 ownerChain of control
- WILLEMS - VAN HUFFEL
- provoost.engineering
Highest known parent: WILLEMS - VAN HUFFEL. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
3 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 289 EUR awarded · 289 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 77 EUR | 77 EUR |
| 2024 | 1 | 134 EUR | 134 EUR |
| 2023 | 1 | 30 EUR | 30 EUR |
| 2022 | 1 | 48 EUR | 48 EUR |
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Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432965537
Also
9925:BE0432965537
Registered
15-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.