Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROVAN from Poperinge, company number BE0460178787, closed financial year 2025 with a result of € -17,654 after tax. For that financial year PROVAN recorded a gross margin of € 2,060 and equity of € 6,005. Compared with financial year 2024, the result moved from € 37,416 to € -17,654. The company made a loss. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 6,005
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,654
▼ still € 37,416 profit in 2024
Profit after tax over the fiscal year.
€ 4,835
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -132,595.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 15,309
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28,875
▼ 22% vs 2024
€ 8,250 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 9,732
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,906 | € 41,711 | € 57,984 | € 2,060 | ▼ 96% |
| Profit after taxes | € 32,600 | € 18,142 | € 37,416 | € -17,654 | ▼ € 55,070 |
| Equity | € -31,900 | € -13,758 | € 23,658 | € 6,005 | ▼ 75% |
| Total debts | € 394,986 | € 346,703 | € 316,961 | € 274,973 | ▼ 13% |
| Cash | € 19,203 | € 37,405 | € 42,813 | € 4,835 | ▼ 89% |
| Land & buildings | € 205,886 | € 192,995 | € 180,104 | € 167,213 | ▼ 7% |
| Retained profit | € -170,500 | € -152,358 | € -114,942 | € -132,595 | ▼ € 17,654 |
| Bank debt | € 53,625 | € 45,375 | € 37,125 | € 28,875 | ▼ 22% |
| Balance sheet total | € 363,085 | € 332,945 | € 340,619 | € 280,977 | ▼ 18% |
Key figures of PROVAN, 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 PROVAN?
What happened at PROVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,654 (▼ € 55,070 vs 2024). Source: NBB ↗
- LUC VAN RENYNGHE became a director. NBB
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,600 profit in 2022 to € 17,654 loss in 2025.
Best year ever: 2024, with € 37,416 profit.
Management
Behind PROVAN is LUC VAN RENYNGHE.
Directors
According to the 2025 annual accounts
LUC VAN RENYNGHE
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Korte Bruggestraat 8
8970 Poperinge
Europalaan 1 box B9
8970 Poperinge
Active since 2 April 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.178.787
- VAT number
- BE 0460.178.787
- Registered office
- Korte Bruggestraat 8, 8970 Poperinge
- Names & denominations
- PROVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 1997
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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