Financials
Financial year 2025
PROVAN from Brugge, company number BE0885980578, closed financial year 2025 with a result of € -20,086 after tax. For that financial year PROVAN recorded a gross margin of € 117,791 and equity of € 318,188. Compared with financial year 2024, the result moved from € 19,858 to € -20,086. 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 July 6, 2026.
€ 318,188
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,086
▼ still € 19,858 profit in 2024
Profit after tax over the fiscal year.
€ 103,448
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 299,638.
People and assets in 2025
1.8
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 85,553
▲ 4% vs 2024
€ 47,500 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.
€ 86,995
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 146,407
▼ 25% vs 2024
€ 43,919 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 24,628
▲ 141% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,269
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 199,446 | € 219,707 | € 175,129 | € 117,791 | ▼ 33% |
| Profit after taxes | € 81,066 | € 62,227 | € 19,858 | € -20,086 | ▼ € 39,944 |
| Equity | € 268,189 | € 330,416 | € 350,274 | € 318,188 | ▼ 9% |
| Total debts | € 369,173 | € 298,676 | € 244,346 | € 202,470 | ▼ 17% |
| Cash | € 105,402 | € 113,448 | € 116,516 | € 103,448 | ▼ 11% |
| Land & buildings | € 162,514 | € 150,730 | € 138,946 | € 127,162 | ▼ 8% |
| Retained profit | € 249,639 | € 311,866 | € 331,724 | € 299,638 | ▼ 10% |
| Dividend | € 0 | € 0 | € 0 | € 12,000 | |
| Bank debt | € 306,129 | € 238,168 | € 194,606 | € 146,407 | ▼ 25% |
| Balance sheet total | € 637,363 | € 629,092 | € 594,620 | € 520,658 | ▼ 12% |
| Employees (FTE) | 1.1 | 1.4 | 2.2 | 1.8 | ▼ 0.4 |
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 € 20,086 (▼ € 39,944 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Wim Proot became a director. NBB
- Nico Vandewiele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 81,066 profit in 2022 to € 20,086 loss in 2025.
Paid € 32,969 in corporate taxes since 2022.
Best year ever: 2022, with € 81,066 profit.
On average € 65,400 of value added per employee in 2025.
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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 PROVAN are Wim Proot and Nico Vandewiele. The shares are held by Wim Proot and Nico Vandewiele.
Directors
According to the 2025 annual accounts
Wim Proot
Director
Is a shareholder
since 2007
Nico Vandewiele
Director
Is a shareholder
since 2007
Shareholders
Wim Proot · director
Nico Vandewiele · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Smedenstraat 65
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0885.980.578
- VAT number
- BE 0885.980.578
- Registered office
- Smedenstraat 65, 8000 Brugge
- Names & denominations
- PROVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2006
- Peppol
- Active · Active since 30 Aug 2023
- Contact
- provanbrugge.be 0473890633
- Activities · NACE
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