ACTIVE

PROVA

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Financial year 2025 · closed on 31/12/2025

Net result

3,8 M €

-25.3% YoY

Revenue

12,5 M €

-11.3% YoY

Equity

49 M €

+3.7% YoY

Workforce

48,1 ETP

-2.6% YoY

What does PROVA do?

PROVA is a Public limited company incorporated in 1988. Its registered office is in Namur. It employs on average 48,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.001.061

Incorporation

20/04/1988

Legal form

Public limited company

Registered office

Rue des Morgelines(NN) 8
5100 Namur · WallonieSee on map

Contributed capital

1 110 000,00 €

Latest accounts

31/12/2025

Average workforce

48,1 ETP

Joint committees (3)

200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	12,5 M €	-11.3%	14,1 M €	+5.0%	13,4 M €	-4.5%	14 M €	-3.5%	14,6 M €	+26.9%	11,5 M €	+1.9%	11,3 M €	+4.2%	10,8 M €	+13.8%	9,5 M €	+15.3%	8,2 M €	-1.5%	8,4 M €	+7.9%	7,7 M €	+17.4%	6,6 M €	+22.1%	5,4 M €	+9.3%	4,9 M €	-40.8%	8,3 M €		–		–
EBITDA	3,4 M €	-24.7%	4,5 M €	+10.0%	4,1 M €	-32.5%	6 M €	+17.8%	5,1 M €	+69.5%	3 M €	+140%	1,3 M €	-8.0%	1,4 M €	-9.0%	1,5 M €	+8.4%	1,4 M €	+23.5%	1,1 M €	-30.9%	1,6 M €	+2.3%	1,6 M €	+25.6%	1,3 M €	+20.4%	1,1 M €	-17.8%	1,3 M €	+87.2%	683 k €	+156%	266,5 k €
Operating result	3 M €	-25.8%	4 M €	+9.6%	3,6 M €	-36.9%	5,8 M €	+14.8%	5 M €	+118%	2,3 M €	+57.7%	1,5 M €	+227%	447 k €	-50.8%	908,7 k €	+6.9%	850,3 k €	+12.8%	753,9 k €	-45.4%	1,4 M €	-2.5%	1,4 M €	+21.7%	1,2 M €	+23.3%	943,1 k €	-16.2%	1,1 M €	+75.8%	640,4 k €	+266%	175 k €
Net result	3,8 M €	-25.3%	5 M €	-54.1%	11 M €	+65.6%	6,6 M €	-19.3%	8,2 M €	+316%	2 M €	+55.4%	1,3 M €	+83.8%	690,6 k €	-25.9%	932,2 k €	-44.2%	1,7 M €	+24.6%	1,3 M €	+122%	604,3 k €	-59.0%	1,5 M €	+114%	689,7 k €	+137%	290,8 k €	+9.2%	266,4 k €	-39.8%	442,7 k €	+81.2%	244,3 k €
Balance sheet
Equity	49 M €	+3.7%	47,2 M €	+10.4%	42,8 M €	+17.5%	36,4 M €	+19.8%	30,4 M €	+115%	14,2 M €	+13.4%	12,5 M €	+8.4%	11,5 M €	+6.4%	10,8 M €	+9.4%	9,9 M €	+37.0%	7,2 M €	+22.8%	5,9 M €	+11.5%	5,3 M €	+38.8%	3,8 M €	+22.2%	3,1 M €	+10.3%	2,8 M €	+10.4%	2,6 M €	+21.0%	2,1 M €
Total assets	61,8 M €	+3.2%	59,8 M €	+5.9%	56,5 M €	+18.9%	47,5 M €	+2.4%	46,4 M €	+44.8%	32 M €	+7.1%	29,9 M €	-2.4%	30,6 M €	-6.9%	32,9 M €	-3.0%	33,9 M €	+19.7%	28,4 M €	+40.6%	20,2 M €	+12.6%	17,9 M €	+81.3%	9,9 M €	-3.5%	10,2 M €	+17.8%	8,7 M €	+15.9%	7,5 M €	-10.2%	8,3 M €
Cash	14,4 M €	+393%	2,9 M €	-59.1%	7,1 M €	+51.4%	4,7 M €	+7.8%	4,4 M €	+1490%	274,3 k €	-28.7%	384,5 k €	-10.1%	427,7 k €	-54.7%	943,9 k €	+77.9%	530,6 k €	+45.0%	366,1 k €	+4.0%	352 k €	-59.3%	863,8 k €	+262%	238,5 k €	-26.4%	324,1 k €	-42.2%	560,9 k €	+32.6%	423 k €	-42.6%	737,3 k €
Debts	12,7 M €	+1.7%	12,5 M €	-8.0%	13,6 M €	+23.1%	11 M €	-29.7%	15,7 M €	-9.9%	17,4 M €	+4.4%	16,7 M €	-9.5%	18,5 M €	-13.9%	21,4 M €	-7.6%	23,2 M €	+15.8%	20 M €	+48.2%	13,5 M €	+13.3%	11,9 M €	+122%	5,4 M €	-18.2%	6,6 M €	+18.1%	5,6 M €	+28.7%	4,3 M €	-22.1%	5,6 M €
Other
Workforce	48,1 ETP	-2.6%	49,4 ETP	+5.3%	46,9 ETP	+2.2%	45,9 ETP	+5.3%	43,6 ETP	+7.7%	40,5 ETP	+7.7%	37,6 ETP	+5.6%	35,6 ETP	+11.3%	32,0 ETP	+0.9%	31,7 ETP	+27.8%	24,8 ETP	+15.3%	21,5 ETP	+8.6%	19,8 ETP	+11.2%	17,8 ETP	-3.3%	18,4 ETP	+15.7%	15,9 ETP	+3.9%	15,3 ETP	+4.8%	14,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 54 ended

Active mandates

Gilles Delvaux

Director · since 09 juin 2022 · until 08 juin 2028

Active

Luc Goessens

Director · since 09 juin 2022 · until 08 juin 2028

Active

Mr Bricolage SA

Director · since 09 juin 2022 · until 08 juin 2028 · 0870.761.674

Represented by Laeticia Pinault

Active

RDW MANAGEMENT

Managing director · since 09 juin 2022 · until 08 juin 2028 · 0864.212.986

Represented by Réginald De Woot de Trixhe

Active

Ended mandates

Gilles Delvaux

Director · since 09 juin 2022 · until 07 juin 2028

Ended

Luc Goessens

Director · since 09 juin 2022 · until 07 juin 2028

Ended

Mr Bricolage SA

Director · since 09 juin 2022 · until 07 juin 2028

Represented by Puddu YVES

Ended

RDW MANAGEMENT

Managing director · since 09 juin 2022 · until 07 juin 2028 · 0864.212.986

Represented by de Woot Réginald

Ended

At this address

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MB FRAMERIES● Active	0473.993.270
MB GENVAL● Active	0557.922.620
MB JODOIGNE● Active	0450.485.519
MB LIBRAMONT● Active	0422.427.179
MB NIVELLES● Active	0401.575.842
MB PERWEZ● Active	0419.716.921
MB SOIGNIES● Active	0668.491.831
MELTEMI● Active	0889.570.271
OSSIMO● Active	0521.789.823
UNITE TVA PROVA● Active	0643.622.516

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	m120-f-p
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	07/07/2025	05/07/2024	08/08/2023	11/07/2022	08/07/2021
General meeting	11/06/2026	11/06/2025	12/06/2024	08/06/2023	09/06/2022	10/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

32 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	22/06/2026	French	PDF
Full model	31/12/2024	11/06/2025	07/07/2025	French	PDF
m120-f-p	31/12/2024	11/06/2025	08/07/2025	French	PDF
Full model	31/12/2023	12/06/2024	05/07/2024	French	PDF
m120-f-p	31/12/2023	12/06/2024	09/07/2024	French	PDF
Full modelCorrection	31/12/2022	08/06/2023	08/08/2023	French	PDF
Full model	31/12/2022	08/06/2023	28/06/2023	French	PDF
m120-f-p	31/12/2022	08/06/2023	28/06/2023	French	PDF
Full model	31/12/2021	09/06/2022	11/07/2022	French	PDF
m120-f-p	31/12/2021	09/06/2022	11/07/2022	French	PDF
Full model	31/12/2020	10/06/2021	07/07/2021	French	PDF
m120-f-p	31/12/2020	10/06/2021	08/07/2021	French	PDF
Full model	31/12/2019	25/06/2020	03/07/2020	French	PDF
m120-f-p	31/12/2019	25/06/2020	03/07/2020	French	PDF
Full model	31/12/2018	27/06/2019	17/07/2019	French	PDF
m120-f-p	31/12/2018	27/06/2019	19/07/2019	French	PDF
Full model	31/12/2017	21/06/2018	12/07/2018	French	PDF
m120-f-p	31/12/2017	21/06/2018	13/07/2018	French	PDF
Full model	31/12/2016	15/06/2017	13/07/2017	French	PDF
m120-f-p	31/12/2016	15/06/2017	13/07/2017	French	PDF
Full model	31/12/2015	16/06/2016	08/07/2016	French	PDF
m120-f-p	31/12/2015	16/06/2016	08/07/2016	French	PDF
Full model	31/12/2014	03/06/2015	25/06/2015	French	PDF
m120-f-p	31/12/2014	03/06/2015	25/06/2015	French	PDF

View all 32 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 54 ended

Active mandates

Gilles Delvaux

Director · since 09 juin 2022 · until 08 juin 2028

Active

Luc Goessens

Director · since 09 juin 2022 · until 08 juin 2028

Active

Mr Bricolage SA

Director · since 09 juin 2022 · until 08 juin 2028 · 0870.761.674

Represented by Laeticia Pinault

Active

RDW MANAGEMENT

Managing director · since 09 juin 2022 · until 08 juin 2028 · 0864.212.986

Represented by Réginald De Woot de Trixhe

Active

Ended mandates

Gilles Delvaux

Director · since 09 juin 2022 · until 07 juin 2028

Ended

Luc Goessens

Director · since 09 juin 2022 · until 07 juin 2028

Ended

Mr Bricolage SA

Director · since 09 juin 2022 · until 07 juin 2028

Represented by Puddu YVES

Ended

RDW MANAGEMENT

Managing director · since 09 juin 2022 · until 07 juin 2028 · 0864.212.986

Represented by de Woot Réginald

Ended

Shareholders

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2024
DEMISSIONS, NOMINATIONS
PDF
Other28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - ASSEMBLEE GENERALE
PDF
Mandates05/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates09/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates25/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates26/08/2016
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20253,8 M €↓
11/06/2025
reconductionPhilippe Beriot — commissaire
2024
Annual accounts 20245 M €↓
01/05/2024
nominationLaeticia PINAULT — représentant permanent pour le mandat d'administrateur
2023
Annual accounts 202311 M €↑
2022
Annual accounts 20226,6 M €↓
09/06/2022
reconductionGilles Delvaux — administrateur
09/06/2022
reconductionLuc Goessens — administrateur
09/06/2022
reconductionMr Bricolage SA — administrateur
09/06/2022
reconductionRDW Management SRL — administrateur délégué et président du conseil d'administration
09/06/2022
reconductionAudicia SRL — commissaire
2021
Annual accounts 20218,2 M €↑
2018
Annual accounts 20182 M €↑
2017
Annual accounts 20171,3 M €↑
2016
Annual accounts 2016690,6 k €↓
2015
Annual accounts 2015932,2 k €↓
2014
Annual accounts 20141,7 M €↑
2013
Annual accounts 20131,3 M €↑
2012
Annual accounts 2012604,3 k €↓
2011
Annual accounts 20111,5 M €↑
2010
Annual accounts 2010689,7 k €↑
2009
Annual accounts 2009290,8 k €↑
2008
Annual accounts 2008266,4 k €↓
2007
Annual accounts 2007442,7 k €↑
2006
Annual accounts 2006244,3 k €
20/04/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PROVA

Overview

What does PROVA do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline