PROTEC
ActiveSummary
PROTEC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €522,934 and a net result of €3,551. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-1
Solvency75▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.38 in 2024; short-term debt: 26.4% and cash: 14.9% of total assets), and 49.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.2%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
28 d early
2023
14 d early
2022
19 d early
2021
40 d early
2020
16 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#9 company by equity in Deinze, Arts, sports and recreation sector#9 oldest company in Deinze, Arts, sports and recreation sector#10 company by total assets in Deinze, Arts, sports and recreation sector
Equity
€522,934▲ 0.7%
2024 · €519,383
Total assets
€1.0m▼ 13.5%
2024 · €1.2m
Net result
€3,551▼ 67.8%
2024 · €11,042
Working capital
€181,704▲ 10.1%
2024 · €164,987
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€154,151▲ 186%€174,320▲ 13.1%€29,617▼ 83.0%€33,395▲ 12.8%€14,947▼ 55.2%
Net result€111,657▲ 230%€125,153▲ 12.1%€16,782▼ 86.6%€11,042▼ 34.2%€3,551▼ 67.8%
Equity€416,406▲ 36.6%€491,559▲ 18.0%€508,341▲ 3.4%€519,383▲ 2.2%€522,934▲ 0.7%
Total assets€1.1m▲ 9.4%€1.1m▲ 4.7%€1.1m▼ 3.5%€1.2m▲ 11.8%€1.0m▼ 13.5%
Debt€649,945▼ 3.0%€625,115▼ 3.8%€569,403▼ 8.9%€685,363▲ 20.4%€518,740▼ 24.3%
Working capital€214,659▲ 35.5%€260,536▲ 21.4%€268,781▲ 3.2%€164,987▼ 38.6%€181,704▲ 10.1%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€585,251 ▼ 4.2%
Current assets
€456,423 ▼ 23.1%
Equity and liabilities €1.0m
Equity
€522,934 ▲ 0.7%
Debt
€518,740 ▼ 24.3%
Debt's share of the balance-sheet total falls from 56.9% to 49.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90,062▼
2024 · €100,231
Cash flow
€78,666▲
2024 · €77,878
Current ratio
1.66▲
2024 · 1.38
Debt to equity
0.99▼
2024 · 1.32
ROE
0.7%▼
2024 · 2.1%
ROA
0.3%▼
2024 · 0.9%
Interest coverage
9.86▲
2024 · 9.85
Debt ≤ 1 year
€274,720▼
2024 · €428,546
Debt > 1 year
€208,020▼
2024 · €250,567
Income taxes
€10,633▼
2024 · €18,816
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,882 | €16,233 | €7,973 | €0 | €29,957 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,021 | €40,900 | €44,170 | €66,836 | €75,115 | ▲ 12.4% |
| Other operating charges640/8 | €2,798 | €5,209 | €3,323 | €11,455 | €7,609 | ▼ 33.6% |
| Gross operating margin9900 | €194,970 | €220,429 | €77,109 | €111,686 | €97,671 | ▼ 12.5% |
| Operating profit (loss)9901 | €154,151 | €174,320 | €29,617 | €33,395 | €14,947 | ▼ 55.2% |
| Financial income75/76B | €1 | €3,277 | €8,454 | €6,643 | €8,375 | ▲ 26.1% |
| Recurring financial income75 | €1 | €3,277 | €5,243 | €5,358 | €5,290 | ▼ 1.3% |
| Non-recurring financial income76B | - | - | €3,211 | €1,285 | €3,085 | ▲ 140% |
| Financial charges65/66B | €5,702 | €8,221 | €10,276 | €10,180 | €9,138 | ▼ 10.2% |
| Recurring financial charges65 | €5,702 | €8,039 | €10,276 | €10,180 | €9,138 | ▼ 10.2% |
| Non-recurring financial charges66B | - | €182 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €148,451 | €169,376 | €27,795 | €29,858 | €14,184 | ▼ 52.5% |
| Income taxes67/77 | €36,793 | €44,223 | €11,013 | €18,816 | €10,633 | ▼ 43.5% |
| Profit (loss) for the period9904 | €111,657 | €125,153 | €16,782 | €11,042 | €3,551 | ▼ 67.8% |
| Profit (loss) for the period to be appropriated9905 | €111,657 | €125,153 | €16,782 | €11,042 | €3,551 | ▼ 67.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.2m | €1.0m | ▼ 13.5% |
| Fixed assets21/28 | €582,101 | €565,879 | €532,807 | €611,213 | €585,251 | ▼ 4.2% |
| Tangible fixed assets22/27 | €556,860 | €540,638 | €507,567 | €585,973 | €551,010 | ▼ 6.0% |
| Land and buildings22 | €66,409 | €60,461 | €53,000 | €48,620 | €62,461 | ▲ 28.5% |
| Plant, machinery and equipment23 | €375 | - | - | €11,646 | €9,177 | ▼ 21.2% |
| Furniture and vehicles24 | €59,358 | €65,582 | €47,990 | €43,656 | €23,853 | ▼ 45.4% |
| Other tangible fixed assets26 | €430,718 | €414,596 | €406,576 | €482,051 | €455,519 | ▼ 5.5% |
| Financial fixed assets28 | €25,241 | €25,241 | €25,241 | €25,241 | €34,241 | ▲ 35.7% |
| Current assets29/58 | €484,250 | €550,795 | €544,937 | €593,533 | €456,423 | ▼ 23.1% |
| Amounts receivable after more than one year29 | - | €270,000 | €270,000 | €270,000 | €270,000 | = |
| Other amounts receivable291 | - | €270,000 | €270,000 | €270,000 | €270,000 | = |
| Amounts receivable within one year40/41 | €294,589 | €165,634 | €33,055 | €264,904 | €4,150 | ▼ 98.4% |
| Trade receivables40 | €135,994 | €75,915 | €24,488 | €263,732 | €3,857 | ▼ 98.5% |
| Other amounts receivable41 | €158,595 | €89,719 | €8,566 | €1,172 | €293 | ▼ 75.0% |
| Cash at bank and in hand54/58 | €173,706 | €95,147 | €205,210 | €32,161 | €155,269 | ▲ 383% |
| Deferred charges and accrued income490/1 | €15,955 | €20,014 | €36,673 | €26,468 | €27,004 | ▲ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.2m | €1.0m | ▼ 13.5% |
| Equity10/15 | €416,406 | €491,559 | €508,341 | €519,383 | €522,934 | ▲ 0.7% |
| Contributions10/11 | €6,667 | €6,667 | €6,667 | €6,667 | €6,667 | = |
| Reserves13 | €20,750 | €20,750 | €20,750 | €20,750 | €20,750 | = |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Distributable reserves133 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €388,989 | €464,142 | €480,924 | €491,966 | €495,517 | ▲ 0.7% |
| Amounts payable17/49 | €649,945 | €625,115 | €569,403 | €685,363 | €518,740 | ▼ 24.3% |
| Amounts payable after more than one year17 | €380,354 | €334,856 | €293,247 | €250,567 | €208,020 | ▼ 17.0% |
| Financial debts170/4 | €380,354 | €334,856 | €293,247 | €250,567 | €208,020 | ▼ 17.0% |
| Amounts payable within one year42/48 | €269,591 | €290,259 | €276,156 | €428,546 | €274,720 | ▼ 35.9% |
| Current portion of amounts payable after more than one year42 | €57,123 | €46,910 | €41,609 | €42,680 | €43,086 | ▲ 1.0% |
| Trade debts44 | €194,836 | €153,795 | €156,835 | €272,734 | €149,511 | ▼ 45.2% |
| Suppliers440/4 | €194,836 | €153,795 | €156,835 | €272,734 | €149,511 | ▼ 45.2% |
| Advances received on contracts in progress46 | €2,398 | €3,893 | €2,675 | €1,725 | €2,250 | ▲ 30.4% |
| Taxes, remuneration and social security45 | €7,925 | €8,212 | €3,719 | €27,970 | €38,726 | ▲ 38.5% |
| Taxes450/3 | €2,925 | €3,212 | €3,719 | €22,970 | €33,726 | ▲ 46.8% |
| Remuneration and social security454/9 | €5,000 | €5,000 | €0 | €5,000 | €5,000 | = |
| Other amounts payable47/48 | €7,310 | €77,450 | €71,318 | €83,437 | €41,147 | ▼ 50.7% |
| Accrued charges and deferred income492/3 | - | - | - | €6,250 | €36,000 | ▲ 476% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,657 | €125,153 | €16,782 | €11,042 | €3,551 | ▼ 67.8% |
| + Depreciation and write-downs630 | €38,021 | €40,900 | €44,170 | €66,836 | €75,115 | ▲ 12.4% |
| Operating cash flow (approximation) | €149,678 | €166,054 | €60,952 | €77,878 | €78,666 | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | -€24,678 | -€11,098 | -€145,242 | -€49,153 | ▲ 66.2% |
| Change in cash | - | -€78,559 | €110,063 | -€173,049 | €123,108 | ▲ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500,000Eq €508,341 ▲3.4%
4 profitable years in a row build equity to €508,341.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €125,153 ▲12.1%
Operating result €174,320, net result €125,153, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €33,863
Net result €33,863 after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€8,767
Net result drops to -€8,767, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2002
Ground area
5,797 m²
Building footprint
369 m²
Volume, LiDAR
2,498 m³
Parcel 44044B1389/00D000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Biezestraat 28, 9850 Deinze
since 20022.114.527.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44044B1389/00D000 | Flanders | 5,797 m² | 1 · 369 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 1,411 companies in sector 93129 we hold annual accounts for 172. 86 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
93129Activities of other sports clubs
41001General construction of residential buildings
46180Agents specialised in the wholesale of other particular products
68310Real estate agency activities
69109Other legal services
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.