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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROVEC from Gent, company number BE0754992768, closed financial year 2025 with a result of € 676,417 after tax. For that financial year PROVEC recorded revenue of € 918,427 and equity of € 8.3 million. Compared with financial year 2024, the result moved from € 543,328 to € 676,417. Profitable, and profit is growing. 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 June 25, 2026.
€ 8.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 676,417
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 327,107
▲ € 279,738 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.7 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 61,662
€ 61,700 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.
Debts at end 2025
€ 1.6 million
▼ 26% vs 2024
Loans from banks and other lenders, long and short.
€ 131,046
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 71 days on average.
€ 39,864
▲ € 38,650 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 934,607 | € 918,427 | ▼ 2% |
| Gross margin | € 126,808 | € 128,138 | - | - | |
| Profit after taxes | € 1,085,198 | € 641,659 | € 543,328 | € 676,417 | ▲ 24% |
| Equity | € 5,292,516 | € 7,032,176 | € 7,575,504 | € 8,251,921 | ▲ 9% |
| Total debts | € 5,807,731 | € 5,588,797 | € 3,394,488 | € 3,077,323 | ▼ 9% |
| Cash | € 234,356 | € 327,848 | € 47,370 | € 327,107 | ▲ € 279,738 |
| Retained profit | € 817,516 | € 1,459,175 | € 2,002,503 | € 2,678,920 | ▲ 34% |
| Bank debt | € 5,536,809 | € 5,272,303 | € 2,095,398 | € 1,551,371 | ▼ 26% |
| Balance sheet total | € 11,100,247 | € 12,620,973 | € 10,969,992 | € 11,329,245 | ▲ 3% |
| Employees (FTE) | - | - | - | 1 |
Key figures of PROVEC, 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 PROVEC?
What happened at PROVEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 676,417 (▲ 24% vs 2024). Source: NBB ↗
- C-Kompas became a director. NBB
- Wildcards Concepts became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 676,417 profit in 2025.
Paid € 223 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Pays suppliers within 71 days on average.
Management
The stake of MEDIAFIN, VECTIS PRIVATE EQUITY III ARKIV, INVESTIGATE, C-KOMPAS, DeVisKar, North Star Consulting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROVECBehind PROVEC are C-Kompas and Wildcards Concepts. The shares are held by MEDIAFIN (100%), VECTIS PRIVATE EQUITY III ARKIV (40.6%), INVESTIGATE (21.1%), C-KOMPAS (17.9%), DeVisKar (4.9%) and North Star Consulting (4.5%). It owns 100% of Profacts BVBA itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Carine Vaeremans
Also active at: B2SENSE, PROFACTS HOLDING, PROFACTS
since 2024
Managing director · represented by Peter Quaghebeur
Also active at: PULSAR - IT, CJ Communications, B2SENSE, PROFACTS HOLDING, PROFACTS
since 2024
Shareholders
100%
21.1%
17.9%
4.9%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Pauline Van Pottelsberghelaan 12
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0754.992.768
- VAT number
- BE 0754.992.768
- Registered office
- Pauline Van Pottelsberghelaan 12, 9051 Gent
- Names & denominations
- PROVEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2020
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg