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K6 PROTECT

Active
Private limited companyfounded 199333 years activePlace du Vingt-Août 19/21, 4000 Liège, BelgiumKBO/BCE: BE 0449.395.951
Summary

The computed 12-month bankruptcy probability of K6 PROTECT is 2.4% (moderate). The 2024 annual accounts show equity of €97,778 and a net result of -€13,097. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 36,395 sector peers (NACE 43, fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211Manufacture of fabricated metal products, except machinery and equipment NACE 25999
1 site
Size
€482,538total assets 2024
Staff
2.3 FTE
Equity
€97,778
Loss
-€13,097
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Parent
GALLIMA · 100%
Accounts 69 days overdue0 of 7 deeds read
Why 50- Figures for FY 2024 (filed 02-10-2025)- Sector Specialised construction activities (NACE 43)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late+ Size: total assets €482,538Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 45-22
equity 20.3% of total assets
Liquidity 9-16
short-term debt 78.4% · cash 1.4%
Profitability 18+8
return on assets -2.7%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,532 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025 09-2025: 2.1%▲ +0.2 percentage points vs 08-2025 10-2025: 2.6%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 1.2%▼ -1.4 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.5 percentage points vs 07-2026 09-2026: 2.1%▲ +0.3 percentage points vs 08-2026 10-2026: 2.4%▲ +0.3 percentage points vs 09-2026
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.24 in 2023; short-term debt: 78.4% and cash: 1.4% of total assets), and 79.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 22% on solvency, 6% on liquidity, 14% on profitability and 23% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 02-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €482,538
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€13,097
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 36395 sector peers (2024).
NBB · sector comparison
Position among 36395 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
83 days late
2022
14 days early
2021
31 days early
2020
25 days early
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€18,518

Key points

  • Caution: Among the weakest 11% on net resultsector median €9,285 · 36,362 companies -€13,097 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Controlled by GALLIMA 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€13,097 View

By topic

Financials

Fiscal year
2024
Total assets
€482,538
Loss
-€13,097
Solvency
20.3%
Total assets▲ 80.8%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 17-07-2023Annual accounts filed
  2. 30-06-2022Annual accounts filed
  3. 06-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
16-02-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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