Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROVIRON FUNCTIONAL CHEMICALS from Oostende, company number BE0456889301, closed financial year 2025 with a result of € -452,374 after tax. For that financial year PROVIRON FUNCTIONAL CHEMICALS recorded revenue of € 66.7 million and equity of € 19.2 million. Compared with financial year 2024, the result moved from € 1.9 million to € -452,374. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 19.2 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -452,374
▼ still € 1.9 million profit in 2024
Profit after tax over the fiscal year.
€ 65,416
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8.2 million.
People and assets in 2025
158
▼ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.2 million
▼ 3% vs 2024
€ 102,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 373,310
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.3 million
▼ 3% vs 2024
€ 886,666 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 11.1 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 2.8 million
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 68,580,721 | € 65,853,913 | € 67,742,671 | € 66,653,939 | ▼ 2% |
| Profit after taxes | € 4,355,474 | € 439,284 | € 1,873,297 | € -452,374 | ▼ € 2.3 million |
| Equity | € 17,331,823 | € 17,771,107 | € 19,644,404 | € 19,192,029 | ▼ 2% |
| Total debts | € 31,903,918 | € 29,780,314 | € 32,497,467 | € 28,835,125 | ▼ 11% |
| Cash | € 147,163 | € 526,305 | € 724,672 | € 65,416 | ▼ 91% |
| Land & buildings | € 8,936,969 | € 8,885,314 | € 8,986,826 | € 8,967,854 | |
| Retained profit | € 6,326,737 | € 6,766,020 | € 8,639,318 | € 8,186,943 | ▼ 5% |
| Bank debt | € 14,150,495 | € 11,939,612 | € 14,731,770 | € 14,258,722 | ▼ 3% |
| Balance sheet total | € 55,744,545 | € 53,807,688 | € 58,527,285 | € 54,048,986 | ▼ 8% |
| Employees (FTE) | 154.8 | 162.3 | 163.1 | 158 | ▼ 5.1 |
Key figures of PROVIRON FUNCTIONAL CHEMICALS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PROVIRON FUNCTIONAL CHEMICALS?
What happened at PROVIRON FUNCTIONAL CHEMICALS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MICHIELS Wim stepped down as director. NBB
- MICHIELS Mark stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 452,374 (▼ € 2.3 million vs 2024). Source: NBB ↗
- MICHIELS Wim became a director. NBB
- MICHIELS Mark became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.4 million profit in 2022 to € 452,374 loss in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 4.4 million profit.
Pays suppliers within 85 days on average.
Management
The stake of PROVIRON HOLDING, PROVIRON CAPITAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROVIRON FUNCTIONAL CHEMICALSThe shares are held by PROVIRON HOLDING (100%) and PROVIRON CAPITAL.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudenburgsesteenweg 100
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.889.301
- VAT number
- BE 0456.889.301
- Registered office
- Oudenburgsesteenweg 100, 8400 Oostende
- Names & denominations
- PROVIRON FUNCTIONAL CHEMICALS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1995
- Peppol
- Active · Active since 29 Jul 2025
- Contact
- [email protected]
- Activities · NACE
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