ACTIVE

PROVAN

Financial year 2025 · closed on 31/12/2025
Net result
7 k €
+101.8% YoY
Gross margin
4,2 k €
+67.9% YoY
Equity
175,8 k €
+8.6% YoY

What does PROVAN do?

PROVAN is a Public limited company incorporated in 1990. Its registered office is in Ninove.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.434.717
Incorporation
06/11/1990
Legal form
Public limited company
Registered office
Stationsstraat 49
9400 Ninove · FlandreSee on map
Contributed capital
101 636,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin4,2 k €2,5 k €3,7 k €681 €4,5 k €3,9 k €936 €843 €8,2 k €8,2 k €8,3 k €8,5 k €8,3 k €3,4 k €3,4 k €3,3 k €3 k €2,6 k €8,6 k €
EBITDA3,1 k €1,4 k €2,7 k €-291 €3,6 k €2,9 k €-35 €-110 €7,3 k €7,3 k €7,4 k €7,6 k €7,4 k €2,6 k €2,6 k €2,4 k €2,2 k €1,8 k €7,8 k €
Operating result1,9 k €-2,3 k €-1 k €-3,5 k €899 €145 €-2,8 k €-2,8 k €4,6 k €4,5 k €4,7 k €4,1 k €3,1 k €-1,8 k €-1,8 k €-1,9 k €-2,2 k €-2,6 k €3,4 k €
Net result7 k €3,5 k €5,7 k €3,3 k €8,9 k €6,1 k €3,9 k €3,6 k €8,1 k €7,1 k €7,6 k €8,3 k €7,2 k €1,1 k €815 €596 €66 €-814 €4,3 k €
Balance sheet
Equity175,8 k €161,8 k €158,4 k €152,7 k €149,4 k €140,5 k €134,4 k €130,5 k €126,9 k €118,8 k €111,8 k €104,2 k €95,9 k €88,7 k €87,6 k €86,8 k €86,2 k €86,1 k €86,9 k €
Total assets176,5 k €168,1 k €162,9 k €162,5 k €157,5 k €144,2 k €136,8 k €132,6 k €131,7 k €122,7 k €115,1 k €104,9 k €95,9 k €88,7 k €87,6 k €86,8 k €86,2 k €86,1 k €86,9 k €
Cash8 €8 €102 €198 €20 €96 €60 €
Debts765 €6,2 k €4,5 k €9,8 k €8,1 k €3,7 k €2,4 k €2 k €4,7 k €3,9 k €3,3 k €703 €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Gerard Prové

Director · since 04 août 2021 · until 03 août 2027

Active
Gilberte Vanhulle

Managing director · since 04 août 2021 · until 03 août 2027

Active
Jeannine Dennoo

Director · since 04 août 2021 · until 03 août 2027

Active

Ended mandates

Gerard Prové

Director · since 04 août 2015 · until 03 août 2021

Ended
Gilberte Vanhulle

Managing director · since 04 août 2015 · until 03 août 2021

Ended
Jeannine Dennoo

Director · since 04 août 2015 · until 03 août 2021

Ended
Gerard Prove

Director

Ended
Annual accounts

Full financial information

202520232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202531/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202626/06/202412/09/202330/08/202202/06/202103/07/2020
General meeting30/05/202625/05/202427/05/202328/05/202229/05/202130/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/05/202617/06/2026DutchPDF
Micro model31/12/202325/05/202426/06/2024DutchPDF
Micro model31/12/202227/05/202312/09/2023DutchPDF
Micro model31/12/202128/05/202230/08/2022DutchPDF
Micro model31/12/202029/05/202102/06/2021DutchPDF
Micro model31/12/201930/05/202003/07/2020DutchPDF
Micro model31/12/201825/05/201919/06/2019DutchPDF
Micro model31/12/201726/05/201828/06/2018DutchPDF
Micro model31/12/201627/05/201701/08/2017DutchPDF
Abridged model31/12/201528/05/201627/06/2016DutchPDF
Abridged model31/12/201430/05/201522/06/2015DutchPDF
Abridged model31/12/201331/05/201425/06/2014DutchPDF
Abridged model31/12/201225/05/201324/06/2013DutchPDF
Abridged model31/12/201126/05/201213/06/2012DutchPDF
Abridged model31/12/201028/05/201130/05/2011DutchPDF
Abridged model31/12/200929/05/201002/07/2010DutchPDF
Abridged model31/12/200830/05/200906/07/2009DutchPDF
Abridged model31/12/200731/05/200817/06/2008DutchPDF
Abridged model31/12/200620/11/200721/11/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 6 ended

Active mandates

Gerard Prové

Director · since 04 août 2021 · until 03 août 2027

Active
Gilberte Vanhulle

Managing director · since 04 août 2021 · until 03 août 2027

Active
Jeannine Dennoo

Director · since 04 août 2021 · until 03 août 2027

Active

Ended mandates

Gerard Prové

Director · since 04 août 2015 · until 03 août 2021

Ended
Gilberte Vanhulle

Managing director · since 04 août 2015 · until 03 août 2021

Ended
Jeannine Dennoo

Director · since 04 août 2015 · until 03 août 2021

Ended
Gerard Prove

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20257 k €
  2. 2023
    Annual accounts 20233,5 k €
  3. 2022
    Annual accounts 20225,7 k €
  4. 2021
    Annual accounts 20213,3 k €
  5. 2020
    Annual accounts 20208,9 k €
  6. 2019
    Annual accounts 20196,1 k €
  7. 2018
    Annual accounts 20183,9 k €
  8. 2017
    Annual accounts 20173,6 k €
  9. 2016
    Annual accounts 20168,1 k €
  10. 2015
    Annual accounts 20157,1 k €
  11. 2014
    Annual accounts 20147,6 k €
  12. 2013
    Annual accounts 20138,3 k €
  13. 2012
    Annual accounts 20127,2 k €
  14. 2011
    Annual accounts 20111,1 k €
  15. 2010
    Annual accounts 2010815 €
  16. 2009
    Annual accounts 2009596 €
  17. 2008
    Annual accounts 200866 €
  18. 2007
    Annual accounts 2007-814 €
  19. 2006
    Annual accounts 20064,3 k €
  20. 06/11/1990
    IncorporationPublic limited company