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PROWATT

Active Private limited companyfounded 2021active for 4 yearsRue de la Gare 26, 4608 DalhemKBO/BCE: BE 0779.340.659 #3 company by equity in Dalhem, Construction sector

Lifetime

4 annual accounts with figures on one time axis
peak €587,575 (2023)
€137,617▼ 10.4%
peak €299,369 (2023)
€6,092▼ 62.9%
peak €531,140 (2025)
€531,140▲ 1.2%
€93,210▼ 52.3%
peak 2.8 FTE (2023)
-not published
Board4 names since 2021
2 directors and 1 other
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Result from €16,406 to €6,092Debts from €195,343 to €93,210

Key points

from the 2025 annual accounts

Equity

€531,140 ▲ 1.2%

PROWATT has made a profit in every financial year since 2022.

Turnover

≈ €410,000 estimated

The accounts state no turnover.

Staff

3 employees on 31-12-2025
302022762023122024102025

In 2025, 1 person joined and nobody left.

Liquidity

8.22 was 4.28 in 2024

Short-term debts fell from €150,628 to €71,675.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2025 accounts came latest: 18 days after the end of the period.

Position in the sector

€531,140

More equity than 95% of companies in specialised construction. Sector median €57,824 · 37,191 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,547 companies had the same profile as PROWATT has now. Each dot stands for 7 companies, two years later.

94.1%
were still trading
3.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,547 companies, not a prediction for PROWATT. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director,
Director,
  • 120 sharesdeed of 28-12-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0779340659
2 directors appointed, 2 resignations Resignations: and · Appointments: and · Permanent representatives: and · General meeting of 21-11-2023 · Gazette deed
Appointment: (director) General meeting of 24-01-2022 · Gazette deed
Incorporation Founding capital of €1,500, 120 shares · Founder: · Appointment: (director) · published on 28-12-2021 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
PROWATT Dalhem €624,350 €137,617 85.1% -
CUBE CONCEPT Liège €640,710 €149,047 27.7% -
HVAC WORKS Hasselt €620,879 €138,445 6.4% -
JEMATECH Deinze €668,396 €131,618 39.0% -
CASTELEK Mouscron €674,863 €131,505 45.2% -
BLIKSEM BELGIE Wervik €639,056 €156,848 22.1% -
GC-ELEKTRO Damme €533,987 €133,010 54.6% -

These companies have the same main activity as PROWATT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €534,000 and €675,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 24-12-2021Normal situation
Activity
General electrical installation workNACE 43211and 1 other
Establishment unit
2.331.224.2594608 Dalhem, since 24-12-2021
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€624,350▼ 13.3%
Employeeson 31-12-2025
3▲ 50.0%
Filing
Filed on 18-08-2026
Financials

Insights on PROWATT

PROWATT files the micro format. That format states no turnover. The gross margin fell from €302,485 in 2022 to €137,617 in 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 PROWATT

What is the company number of PROWATT?
The company number of PROWATT is 0779.340.659. The VAT number is the same number with BE in front: BE 0779.340.659.
Where is PROWATT based?
The registered office is at Rue de la Gare 26, 4608 Dalhem.Company details
What does PROWATT do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of PROWATT?
PROWATT is a private limited company (BV).
When was PROWATT founded?
PROWATT was founded on 24-12-2021.
Is PROWATT still active?
Yes, PROWATT is an active enterprise in the KBO register.
How many employees does PROWATT have?
PROWATT had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PROWATT?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €137,617 and 38 comparable companies (NACE 43211). It probably lies between €280,000 and €500,000.
Is PROWATT profitable?
In financial year 2025, PROWATT made a profit of €6,092.
Where can I find the annual accounts of PROWATT?
PROWATT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROWATT due?
PROWATT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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