PROVAN is a structural metal fabricator in Genk. Public Limited, started on 6 April 1998, 3 establishments.

What is the address of PROVAN?

The registered office of PROVAN is located at Troisdorflaan 22, 3600 Genk.

Is PROVAN still active?

Yes. According to the CBE (29 October 2026) PROVAN is active, legal situation “Normale toestand”, started on 6 April 1998.

Is PROVAN registered on Peppol?

Yes, PROVAN is registered on the Peppol network with ID 0208:0463077307.

What is the enterprise number of PROVAN?

The enterprise number of PROVAN is BE0463077307.

When was PROVAN founded?

PROVAN was founded on 6 April 1998.

Who are the directors of PROVAN?

According to the 2025 annual accounts, the directors of PROVAN are: Cussen Seamus, LEVEL 12 BV, Kenny Paul, DLC BV.

Is PROVAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 April 1998; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 3 establishments in the CBE.

How much profit did PROVAN make in 2025?

PROVAN posted a profit after taxes of € 1,313,509 in financial year 2025.

What is the revenue of PROVAN?

In its most recent annual accounts (2025), PROVAN reported revenue of € 29,275,626.

How much does an employee at PROVAN earn?

The average wage cost per full-time employee at PROVAN was € 62,000 in 2025: staff costs of € 4.4 million for 70.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PROVAN have?

According to the 2025 annual accounts, PROVAN has 70.3 full-time equivalents (FTE).

PROVAN (Public Limited) - Genk - BE0463077307

Dossier PROVAN, printed on 29 October 2026 from databakkes.be/en/0463077307/provan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 61 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PROVAN from Genk, company number BE0463077307, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year PROVAN recorded revenue of € 29.3 million and equity of € 6.1 million. Compared with financial year 2024, the result moved from € 1.6 million to € 1.3 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Growing

€ 6.1 million

▲ 27% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.3 million

▼ 17% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 6 million.

People and assets in 2025

Full-time equivalents

70.3

▲ 4.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.4 million

▲ 12% vs 2024

€ 62,000 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.

Vehicles and equipment

€ 486,359

▼ 10% vs 2024

Of which on lease € 431,299.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 440,481

▼ 14% vs 2024

€ 98,798 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 4.1 million

▲ 59% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.

Taxes and wages

€ 459,477

▲ 46% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 16,920,488 Revenue 2022: € 16,920,488 First fiscal year in the series	€ 18,257,612 Revenue 2023: € 18,257,612 ▲ 8% vs 2022 (€ 16,920,488) Favourable step	€ 22,657,283 Revenue 2024: € 22,657,283 ▲ 24% vs 2023 (€ 18,257,612) Favourable step	€ 29,275,626 Revenue 2025: € 29,275,626 ▲ 29% vs 2024 (€ 22,657,283) Favourable step	▲ 29%
Profit after taxes	€ 1,553,942 Profit after taxes 2022: € 1,553,942 First fiscal year in the series	€ 1,860,852 Profit after taxes 2023: € 1,860,852 ▲ 20% vs 2022 (€ 1,553,942) Favourable step	€ 1,589,779 Profit after taxes 2024: € 1,589,779 ▼ 15% vs 2023 (€ 1,860,852) Unfavourable step	€ 1,313,509 Profit after taxes 2025: € 1,313,509 ▼ 17% vs 2024 (€ 1,589,779) Unfavourable step	▼ 17%
Equity	€ 3,933,070 Equity 2022: € 3,933,070 First fiscal year in the series	€ 3,220,695 Equity 2023: € 3,220,695 ▼ 18% vs 2022 (€ 3,933,070) Unfavourable step	€ 4,810,459 Equity 2024: € 4,810,459 ▲ 49% vs 2023 (€ 3,220,695) Favourable step	€ 6,123,967 Equity 2025: € 6,123,967 ▲ 27% vs 2024 (€ 4,810,459) Favourable step	▲ 27%
Total debts	€ 4,171,874 Total debts 2022: € 4,171,874 First fiscal year in the series	€ 5,250,127 Total debts 2023: € 5,250,127 ▲ 26% vs 2022 (€ 4,171,874) Unfavourable step	€ 5,217,715 Total debts 2024: € 5,217,715 ▼ 1% vs 2023 (€ 5,250,127) Favourable step	€ 5,130,860 Total debts 2025: € 5,130,860 ▼ 2% vs 2024 (€ 5,217,715) Favourable step	▼ 2%
Cash	€ 1,104,031 Cash 2022: € 1,104,031 First fiscal year in the series	€ 1,313,656 Cash 2023: € 1,313,656 ▲ 19% vs 2022 (€ 1,104,031) Favourable step	-	-
Land & buildings	€ 751,059 Land & buildings 2022: € 751,059 First fiscal year in the series	€ 682,031 Land & buildings 2023: € 682,031 ▼ 9% vs 2022 (€ 751,059) Unchanged	€ 612,239 Land & buildings 2024: € 612,239 ▼ 10% vs 2023 (€ 682,031) Unchanged	€ 545,168 Land & buildings 2025: € 545,168 ▼ 11% vs 2024 (€ 612,239) Unchanged	▼ 11%
Retained profit	€ 3,833,855 Retained profit 2022: € 3,833,855 First fiscal year in the series	€ 3,121,480 Retained profit 2023: € 3,121,480 ▼ 19% vs 2022 (€ 3,833,855) Unfavourable step	€ 4,711,259 Retained profit 2024: € 4,711,259 ▲ 51% vs 2023 (€ 3,121,480) Favourable step	€ 6,024,767 Retained profit 2025: € 6,024,767 ▲ 28% vs 2024 (€ 4,711,259) Favourable step	▲ 28%
Dividend	€ 200,000 Dividend 2022: € 200,000 First fiscal year in the series	€ 2,573,227 Dividend 2023: € 2,573,227 ▲ € 2.4 million vs 2022 (€ 200,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 2,573,227) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 1,667,080 Bank debt 2022: € 1,667,080 First fiscal year in the series	€ 644,724 Bank debt 2023: € 644,724 ▼ 61% vs 2022 (€ 1,667,080) Favourable step	€ 512,281 Bank debt 2024: € 512,281 ▼ 21% vs 2023 (€ 644,724) Favourable step	€ 440,481 Bank debt 2025: € 440,481 ▼ 14% vs 2024 (€ 512,281) Favourable step	▼ 14%
Balance sheet total	€ 8,123,887 Balance sheet total 2022: € 8,123,887 First fiscal year in the series	€ 8,485,640 Balance sheet total 2023: € 8,485,640 ▲ 4% vs 2022 (€ 8,123,887) Unchanged	€ 10,038,868 Balance sheet total 2024: € 10,038,868 ▲ 18% vs 2023 (€ 8,485,640) Unchanged	€ 11,261,391 Balance sheet total 2025: € 11,261,391 ▲ 12% vs 2024 (€ 10,038,868) Unchanged	▲ 12%
Employees (FTE)	55.3 Employees (FTE) 2022: 55.3 First fiscal year in the series	60.3 Employees (FTE) 2023: 60.3 ▲ 5 vs 2022 (55.3) Unchanged	65.5 Employees (FTE) 2024: 65.5 ▲ 5.2 vs 2023 (60.3) Unchanged	70.3 Employees (FTE) 2025: 70.3 ▲ 4.8 vs 2024 (65.5) Unchanged	▲ 4.8

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:

2029 Cussen Seamus stepped down as director. NBB
2029 LEVEL 12 BV stepped down as director. NBB
2029 Kenny Paul stepped down as director. NBB
2029 DLC BV stepped down as director. NBB
Jul 13, 2026 New annual accounts for financial year 2025: profit of € 1.3 million (▼ 17% vs 2024). Source: NBB ↗
Apr 1, 2026 New establishment in Genk. KBO
2023 Cussen Seamus became a director. NBB
2023 Kenny Paul became a director. NBB

In short

From € 1.6 million profit in 2022 to € 1.3 million profit in 2025.

Paid € 2.2 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.9 million profit.

Paid out € 2.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Provan Group BV 100%

PROVAN

The shares are held by Provan Group BV (100%).

Directors

According to the 2025 annual accounts

Cussen Seamus

Director

Also active at: PROVAN GROUP

since 2023 · until 2029

LEVEL 12 BV

Director · represented by Luc Vanhees

Also active at: PROVAN GROUP

since 2023 · until 2029

Kenny Paul

Director

Also active at: PROVAN GROUP

since 2023 · until 2029

DLC BV

Director · represented by Dirk Lacquaye

Also active at: PROVAN GROUP

since 2023 · until 2029

Shareholders

Provan Group BV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Troisdorflaan 22

3600 Genk

2.253.542.305

Pasweg 6A

3740 Bilzen-Hoeselt

Active since 16 April 2016

2.390.113.355

Oosterring 12

3600 Genk

Active since 1 April 2026

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Provan Group btw-eenheid

PROVAN GROUP same network

€ 91,805 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0463.077.307

VAT number

BE 0463.077.307

Registered office

Troisdorflaan 22, 3600 Genk

Names & denominations

PROVAN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 April 1998

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van metalen constructiewerken en delen daarvan

Reparatie en onderhoud van producten van metaal

View on CBE Public ↗ Annual accounts (NBB) ↗

PROVAN

Warning lights

Financials

What happened to PROVAN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions