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Protagonista

Active Risk: not assessed
Limited partnershipfounded 20188 yrs activeIzegemstraat 78, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0704.982.439
Summary

Protagonista is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2020 annual accounts show equity of €70,514 and a net result of €39,383. Its solvency ranks better than 81% of 6138 sector peers (fiscal year 2020). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Financials · fiscal year 2020, micro schema

Equity
€70,514▲ 127%
2019 · €31,131
Net result
€39,383▲ 30.7%
2019 · €30,131
Total assets
€87,088▲ 66.8%
2019 · €52,198
Solvency
81.0%▲ 21.3pp
2019 · 59.6%
Trend over the years

2019 to 2020, 2 fiscal years

The operating result rises in 2020; 2020 is 21% above 2019.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€54,053 2020 Net result€39,383 2020

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result€44,784-€54,053▲ 20.7%
Net result€30,131-€39,383within the sector's middle half▲ 30.7%
Equity€31,131-€70,514within the sector's middle half▲ 127%
Total assets€52,198-€87,088below the sector's middle half▲ 66.8%
Debt€21,067-€16,575▼ 21.3%
Working capital€31,131-€70,514within the sector's middle half▲ 127%
Solvency59.6%-81.0%above the sector's middle half▲ 21.3pp
Current ratio2.48-5.25above the sector's middle half▲ 2.78
Return on assets (ROA)57.7%-45.2%above the sector's middle half▼ 12.5pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €87,088
Equity €70,514 ▲ 127%
Debt €16,575 ▼ 21.3%
Debt's share of the balance-sheet total falls from 40.4% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
2020 value · change against 2019
ROE
55.9%▼
2019 · 96.8%
Debt ≤ 1 year
€16,575▼
2019 · €21,067
Income taxes
€14,845▲
2019 · €14,761
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 20 lines
Balance sheet Code20192020
Assets
Total assets20/58€52,198€87,088▲
Current assets29/58€52,198€87,088▲
Amounts receivable within one year40/41€43,426€30,564▼
Current investments50/53-€21,993
Cash at bank and in hand54/58€8,678€34,436▲
Equity and liabilities
Total equity and liabilities10/49€52,198€87,088▲
Equity10/15€31,131€70,514▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€30,131€69,514▲
Amounts payable17/49€21,067€16,575▼
Amounts payable within one year42/48€21,067€16,575▼
Trade debts44€4,706€1,730▼
Income statement Code20192020
Gross operating margin9900€48,497€57,295▲
Operating profit (loss)9901€44,784€54,053▲
Recurring financial income75€603€985▲
Recurring financial charges65€495€811▲
Profit (loss) for the period before taxes9903€44,892€54,227▲
Income taxes67/77€14,761€14,845▲
Profit (loss) for the period9904€30,131€39,383▲
Profit (loss) for the period to be appropriated9905€30,131€39,383▲
Line20192020Change
Gross operating margin9900€48,497€57,295▲ 18.1%
Operating profit (loss)9901€44,784€54,053▲ 20.7%
Recurring financial income75€603€985▲ 63.4%
Recurring financial charges65€495€811▲ 63.7%
Profit (loss) for the period before taxes9903€44,892€54,227▲ 20.8%
Income taxes67/77€14,761€14,845▲ 0.6%
Profit (loss) for the period9904€30,131€39,383▲ 30.7%
Profit (loss) for the period to be appropriated9905€30,131€39,383▲ 30.7%
Line20192020Change
Assets
Total assets20/58€52,198€87,088▲ 66.8%
Current assets29/58€52,198€87,088▲ 66.8%
Amounts receivable within one year40/41€43,426€30,564▼ 29.6%
Current investments50/53-€21,993-
Cash at bank and in hand54/58€8,678€34,436▲ 297%
Equity and liabilities
Total equity and liabilities10/49€52,198€87,088▲ 66.8%
Equity10/15€31,131€70,514▲ 127%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€30,131€69,514▲ 131%
Amounts payable17/49€21,067€16,575▼ 21.3%
Amounts payable within one year42/48€21,067€16,575▼ 21.3%
Trade debts44€4,706€1,730▼ 63.2%
Line20192020Change
Profit (loss) for the period9904€30,131€39,383▲ 30.7%
Operating cash flow (approximation)€30,131€39,383▲ 30.7%
Change in cash-€25,758-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of 24,716 companies in this sector we hold annual accounts for 20,199. 11,678 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €164 awarded · €164 paid
Year Entries awardedpaid
2025 1 €89€164
2024 1 €75€0
Schemes
2 entries · €164 · €164 paid · Fonds voor Innoveren en Ondernemen