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 40 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PROWINKO BELGIE HOLDING from Elsene, company number BE0476703728, closed financial year 2024 with a result of € 23.2 million after tax. For that financial year PROWINKO BELGIE HOLDING recorded a gross margin of € -82,216 and equity of € 25.8 million. Compared with financial year 2023, the result moved from € 6.7 million to € 23.2 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 25.8 million
▼ 25% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23.2 million
▲ 248% vs 2023
Profit after tax over the fiscal year.
€ 73,294
▲ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 32 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2024
€ 1.4 million
▼ 75% vs 2023
€ 40,000 is repaid this year. At this pace the long-term loan is gone in ≈ 34 years.
€ 110,439
▲ 72% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -116,298 | € -22,328 | € -29,979 | € -82,216 | ▼ € 52,237 |
| Profit after taxes | € -4,423,732 | € -2,903,496 | € 6,661,472 | € 23,212,975 | ▲ 248% |
| Equity | € 60,835,021 | € 57,931,525 | € 34,592,996 | € 25,805,972 | ▼ 25% |
| Total debts | € 83,568,286 | € 86,052,526 | € 74,061,453 | € 69,000,688 | ▼ 7% |
| Cash | € 153,608 | € 465,351 | € 70,140 | € 73,294 | ▲ 4% |
| Land & buildings | € 812,080 | € 762,075 | € 712,069 | € 713,283 | |
| Retained profit | € 60,773,521 | € 57,870,025 | € 34,531,496 | € 25,744,472 | ▼ 25% |
| Dividend | € 0 | € 0 | € 30,000,000 | € 32,000,000 | ▲ 7% |
| Bank debt | € 3,750,044 | € 4,304,485 | € 5,354,859 | € 1,354,700 | ▼ 75% |
| Balance sheet total | € 144,403,307 | € 144,053,051 | € 108,723,450 | € 94,806,659 | ▼ 13% |
Key figures of PROWINKO BELGIE HOLDING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PROWINKO BELGIE HOLDING?
What happened at PROWINKO BELGIE HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 23.2 million (▲ 248% vs 2023). filed late Source: NBB ↗
- MAX ARMAND BERNARD VORST became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.4 million loss in 2021 to € 23.2 million profit in 2024.
Paid € 4,000 in corporate taxes since 2021.
Best year ever: 2024, with € 23.2 million profit.
Paid out € 62 million in dividends to the owners in total.
A new publication or filing at PROWINKO BELGIE HOLDING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PROWINKO BELGIE HOLDING is MAX ARMAND BERNARD VORST. It owns 100% of PPAPT S.A., 100% of ACKER VELDSTRAAT 76 GENT, 100% of ACKER VELDSTRAAT 74 GENT, 70% of POG VvP2 N.V., 70% of BARLOW RETAIL INVEST N.V. and 70% of CASAMAX SRL itself.
Directors
According to the 2024 annual accounts
MAX ARMAND BERNARD VORST
Director
Also active at: POG VvP2, Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, R.P.M. INVEST, TD TERRAIN INVEST +10 more
since 2015
Establishments
Establishment units
Physical locations of this company
Louizalaan 32 box 15
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
Louiseville
Belgische Uitvoervereniging
Les Maitres Imprimeurs de Belgique
SFPIM International
+33 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.703.728
- VAT number
- BE 0476.703.728
- Registered office
- Louizalaan 32 bus 15, 1050 Elsene
- Names & denominations
- PROWINKO BELGIE HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2002
- Peppol
- Active · Active since 20 Apr 2026
- Activities · NACE
Activiteiten van holdings
Holdings