Equity
-€41,924
Debts exceed assets in financial year 2025.
Provyn Construct
Lifetime
2 annual accounts with figures on one time axispeak -€4,416 (2025)
-€4,416▲ €15,366
lowest -€41,863 (2024)
-€5,061▲ €36,801
peak -€36,863 (2024)
-€41,924▼ €5,061
€75,784▼ 79.0%
Board1 name since 2023
1 director
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025micro format
Gross margin from -€19,782 to -€4,416Loss of €5,061Equity from -€36,863 to -€41,924Debts from €360,826 to €75,784Cash from €314,914 to €11,250
Key points
from the 2025 annual accountsLosses
-€46,924 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€75,784 224% of the balance sheet
Liquidity
0.43 was 0.90 in 2024
Short-term debts fell from €360,826 to €75,784.
Starting capital
€5,000 100 shares
Position in the sector
-123.8%
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,830 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as Provyn Construct has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for Provyn Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved from Oostrozebeke to Tielt
New registered office: Viggezelestraat 1 te 8700 Tielt · Previous registered office: Kalbergstraat 11 te 8780 Oostrozebeke · General meeting of 23-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1000268354
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos and 1 more · Tielt
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 27-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Provyn Construct Tielt | €33,860 | -€4,416 | -123.8% | - |
| Pavillon Royal Bouw Roeselare | €36,389 | -€1,460 | 37.8% | 0 |
| MAGI PROJECTS Zandhoven | €37,152 | -€630 | 46.2% | - |
| LANGLAIS & LANGLAIS Lasne | €29,923 | -€35,260 | -326.6% | - |
| GLOBAL CONCRETE Sint-Pieters-Leeuw | €38,172 | -€11,211 | -17.6% | - |
| Thyberghien Management Schoten | €30,456 | -€32,909 | -71.9% | - |
| Warande Projects Diest | €37,703 | -€56,638 | -147.4% | - |
These companies have the same main activity as Provyn Construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €29,900 and €38,200, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 25-09-2023Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.349.932.3918700 Tielt, since 25-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
Annual accounts 2025
- €33,860▼ 89.5%
- Filing
- Filed on 30-03-2026, 123 days before the end of the filing period
Insights on Provyn Construct
Provyn Construct has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€41,924) and a net result of -€5,061.
Its solvency ranks better than 5% of 19,830 sector peers (NACE 68, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Provyn Construct
- What is the company number of Provyn Construct?
- The company number of Provyn Construct is 1000.268.354. The VAT number is the same number with BE in front: BE 1000.268.354.
- Where is Provyn Construct based?
- The registered office is at Viggezelestraat 1, 8700 Tielt.Company details
- What does Provyn Construct do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Provyn Construct?
- Provyn Construct is a private limited company (BV).
- When was Provyn Construct founded?
- Provyn Construct was founded on 25-09-2023.
- Is Provyn Construct still active?
- Yes, Provyn Construct is an active enterprise in the KBO register.
- What is the turnover of Provyn Construct?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Provyn Construct profitable?
- In financial year 2025, Provyn Construct made a loss of €5,061.
- Where can I find the annual accounts of Provyn Construct?
- Provyn Construct filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Provyn Construct due?
- Provyn Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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