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Protagro

Active
Private limited companyfounded 2023active for 3 yearsAlsembergsesteenweg 897, 1180 Ukkel, Belgium356 active companies are registered at this addressKBO/BCE: BE 0802.241.270

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Protagro has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,711 and a net result of €11,556. Its solvency ranks better than 72% of 13,692 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 31-05-2023 Normal situation
Legal form
Private limited company
Registered office
Alsembergsesteenweg 897, 1180 Ukkel
Activity
Wholesale trade NACE 46382and 8 others
Establishment unit
2.345.804.250 9000 Gent, since 01-07-2023
Financial year end
30 June
Peppol
Reachable since 30-12-2025

Who decides

Board
  • Doré PascaleDirector

How it is doing

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts to 30-06-2025
Gross margin
€13,421
Turnover
≈ €220,000
estimated
Profit
€11,556
Equity
€1,711
Total assets
€2,523
▼ 16.7%
2025 accounts 67 days early
Filed on 25-11-2025PDF
Why 68raises riskFounded in 20231 change of registered office in 24 monthsSize: total assets €2,523lowers riskLiquidity: current ratio 3.11, cash €1,899Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 87% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 93+93
equity 67.8% of total assets
Liquidity 86+36
short-term debt 32.2% · cash 75.2%
Profitability 100+100
return on assets 457.9%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 2.4% 12-2024: 1.0%▼ -1.4 percentage points vs 11-2024 01-2025: 1.1%▲ +0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.0%▼ -0.1 percentage points vs 02-2025 04-2025: 1.9%▲ +0.9 percentage points vs 03-2025 05-2025: 2.0%▲ +0.1 percentage points vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 2.0%● unchanged vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.3%▲ +0.3 percentage points vs 09-2025 11-2025: 2.5%▲ +0.2 percentage points vs 10-2025highest value 12-2025: 0.8%▼ -1.7 percentage points vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 1.2%▲ +0.4 percentage points vs 09-2026
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 46, micro): better than 73% on solvency, 87% on liquidity, 95% on profitability and 94% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 3.11, cash €1,899
NBB · annual accounts
raises risk · Size: total assets €2,523
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
67 days early
2024
85 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 76 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
30-06-2025
Filed on
25-11-2025
Format
micro format
Reference
2025-00569972
Turnover
≈ €220,000
Estimated: probably between €100,000 and €360,000
Total assets
€2,523▼ 16.7%
2024 · €3,029
Net result
€11,556
2024 · -€11,845
Working capital
€1,711
2024 · -€9,845
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €12,172 after a loss of €11,803 in 2024.

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

Operating result€12,172 2025 Net result€11,556 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€11,803-€12,172
Net result-€11,845below the sector's middle half-€11,556within the sector's middle half
Equity-€9,845below the sector's middle half-€1,711below the sector's middle half
Total assets€3,029below the sector's middle half-€2,523below the sector's middle half▼ 16.7%
Debt€12,874-€812▼ 93.7%
Working capital-€9,845below the sector's middle half-€1,711within the sector's middle half
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €2,523
Equity €1,711
Debt €812
Debt finances 32.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€812▼
2024 · €12,874
Income taxes
€93
Ratios withheld: a balance sheet total of €2,523 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 25-11-2025.

Balance sheet Code20242025
Assets
Total assets20/58€3,029€2,523▼
Current assets29/58€3,029€2,523▼
Amounts receivable within one year40/41-€625
Other amounts receivable41-€625
Cash at bank and in hand54/58€3,029€1,899▼
Equity and liabilities
Total equity and liabilities10/49€3,029€2,523▼
Equity10/15-€9,845€1,711▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€11,845-€289▲
Amounts payable17/49€12,874€812▼
Amounts payable within one year42/48€12,874€812▼
Trade debts44€5,400-
Suppliers440/4€5,400-
Taxes, remuneration and social security45€308€93▼
Taxes450/3€308€93▼
Other amounts payable47/48€7,165€719▼
Income statement Code20242025
Other operating charges640/8€489€1,249▲
Gross operating margin9900-€11,313€13,421▲
Operating profit (loss)9901-€11,803€12,172▲
Financial income75/76B€63€1▼
Recurring financial income75€63€1▼
Financial charges65/66B€105€524▲
Recurring financial charges65€105€524▲
Profit (loss) for the period before taxes9903-€11,845€11,649▲
Income taxes67/77-€93
Profit (loss) for the period9904-€11,845€11,556▲
Profit (loss) for the period to be appropriated9905-€11,845€11,556▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,845-€289▲
Profit (loss) brought forward from the previous period14P--€11,845

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line20242025Change
Other operating charges640/8€489€1,249▲ 155%
Gross operating margin9900-€11,313€13,421-
Operating profit (loss)9901-€11,803€12,172-
Financial income75/76B€63€1▼ 98.6%
Recurring financial income75€63€1▼ 98.6%
Financial charges65/66B€105€524▲ 401%
Recurring financial charges65€105€524▲ 401%
Profit (loss) for the period before taxes9903-€11,845€11,649-
Income taxes67/77-€93-
Profit (loss) for the period9904-€11,845€11,556-
Profit (loss) for the period to be appropriated9905-€11,845€11,556-
Line20242025Change
Assets
Total assets20/58€3,029€2,523▼ 16.7%
Current assets29/58€3,029€2,523▼ 16.7%
Amounts receivable within one year40/41-€625-
Other amounts receivable41-€625-
Cash at bank and in hand54/58€3,029€1,899▼ 37.3%
Equity and liabilities
Total equity and liabilities10/49€3,029€2,523▼ 16.7%
Equity10/15-€9,845€1,711-
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€11,845-€289▲ 97.6%
Amounts payable17/49€12,874€812▼ 93.7%
Amounts payable within one year42/48€12,874€812▼ 93.7%
Trade debts44€5,400--
Suppliers440/4€5,400--
Taxes, remuneration and social security45€308€93▼ 69.8%
Taxes450/3€308€93▼ 69.8%
Other amounts payable47/48€7,165€719▼ 90.0%
Line20242025Change
Profit (loss) for the period9904-€11,845€11,556-
Operating cash flow (approximation)-€11,845€11,556-
Change in cash--€1,130-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
30-06-2025 micro format 25-11-2025 2025-00569972 PDF
30-06-2024 micro format 07-11-2024 2024-00530436 PDF

Similar companies · same sector, comparable size

Of the 239 active companies whose main activity is wholesale trade (NACE 46382), figures are known for 144. 17 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
Doré Pascale
Director · in the 2025 annual accounts, filed on 25-11-2025
Current

Mandate history

2 people, 1 in office
Show
  • Board
  • began earlier
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
Doré Pascale
  • Director, since before 30-06-2025
DORÉ Pascal Jean Guy
  • Director (not named in the articles), appointed in the act of 02-06-2023, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

How the board is organised

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“1, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”

Articles of association, deed of 02-06-2023

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 02-06-2023 ↗
  • ZEELIMPEX (BE 0801.847.332) 100 shares (100%) · €2,000
Capital over the years
  1. 02-06-2023 Incorporation · €2,000 · 100 shares

Other provisions of the articles of association

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Aanleg van reserves en verdeling van winst, algemene vergadering”
Liquidation distribution: “Goederen nog in natura op dezelfde wijze verdeeld, aanzuivering schulden,lasten,kosten of consignatie nodige sommen”
Other provision: “Elke aandeelhouder kan aan ieder ander persoon,al dan niet aandeelhouder,door alle middelen van overdracht schriftelijke volmacht geven om…”

Articles of association, deed of 02-06-2023 (in Dutch)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 31 May 2023, Protagro was incorporated as a private limited company by ZEELIMPEX, with a starting capital of €2,000.12 In 2025 the registered office moved to Ukkel.3 Doré Pascale is director of the company according to the 2025 annual accounts.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-06-2023
  3. 3Belgian Official Gazette, 20-03-2025
  4. 4National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2025
25-11
NBB filing Annual accounts filedPDF
financial year 2025 · micro format
30-06
Financial Back to profitnet €11,556
Net result €11,556 after one loss-making year.
30-06
Financial Liquidity more than 13 timescurrent ratio 3.11
Current ratio from 0.24 to 3.11; short-term debt falls from €12,874 to €812.
20-03
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • Board meeting, 01-02-2025
  • Registered-office move, Alsembergsesteenweg 897, 1180 Ukkel
  • Director in office, Pascal Doré (director)

Open the act in the Belgian Official Gazette

2024
07-11
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2023
02-06
Gazette deed Incorporation
Appointment: DORÉ Pascal Jean Guy (director) · Founder · Founding capital4 facts ▸
  • Incorporation, 30-05-2023
  • Founder, ZEELIMPEX
  • Founding capital, €2,000
  • Director appointment, DORÉ Pascal Jean Guy (director (not named in the articles))

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name Protagro in Dutch
Enterprise number 0802.241.270
Legal form Private limited company
Status Active, normale toestand
Founded 31-05-2023
Type Legal entity

Where it is based

Registered office Alsembergsesteenweg 897, 1180 Ukkel, Belgium
Establishments 1 establishment unit since 2023
E-mail contact@protagro.com
Phone +32469418020
Website www.protagro.comGent

What it does

NACEBEL 2025
46382 Wholesale trade main activity
46110 Wholesale trade
46220 Wholesale trade
46319 Wholesale of fruit and vegetables, excluding potatoes
46323 Wholesale trade
46370 Wholesale trade
46391 Wholesale trade
47761 Retail sale of flowers, plants, seeds and fertilisers
47762 Retail sale of pets, pet food and pet supplies

Invoicing and payment

VAT number BE 0802.241.270
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0802241270
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Scores and ratios are computed by Checked and are not a credit decision.

Purpose, financial year and meetings according to the articles of association

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“12.a. de plaats, de dag en het uur van de jaarvergadering van de aandeelhouders: Ieder jaar wordt een gewone algemene vergadering van…”

Articles of association, deed of 02-06-2023 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gentunit no. 2.345.804.250
4 permissions
Authorisation · Groothandelaar mengvoeders · since 15-04-2025
Groothandel hout schors · since 10-04-2025
Groothandelaar grondstoffen · since 10-04-2025
and 1 more

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
356 companies at this address See who is registered here
1 establishment unit
Protagro
Coupure 325, 9000 GentWholesale trade
since 2023unit no. 2.345.804.250

Buildings and parcels at the addresses

Ground area
1,284 m²
Building footprint
771 m²
Building volume
11,095 m³
2 parcels, Brussels, Flanders · tallest building 20.6 m.
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
44806F0580/00H012
ProtectedMonument · Townscape or village viewCoupure en LeieSource ↗
Flanders 937 m² 1 · 442 m² 20.6 m · 6
21616A0121/00Y002 Brussels 347 m² 1 · 329 m² 17.1 m · 2

1 of these parcels carries protected heritage: expect extra rules on renovation or sale.