PROTEC & SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of PROTEC & SERVICES is 4.8% (elevated). The 2024 annual accounts show equity of €1,166 and a net result of -€1,130. Equity is shrinking by about 42% per year across the filed financial years. Its solvency ranks better than 22% of 35,974 sector peers (NACE 43, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €1,166
- Loss
- -€1,130
- DETHIER LoïcDirector
- KURT KorayDirector
Why 36raises risk1 financial year not filed after the legal deadline; last filed accounts filed 145 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 23-12-2025)Founded in 2020lowers riskLiquidity: current ratio 1.23, cash €4,627Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, 53% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 4 accounts on average 51 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Amendment of the articles · Name…Resignation: Dolorès SAUSSEZ (director) ·…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.
2021 to 2024, 4 financial years
The operating result turns negative in 2024: a loss of €932 after €1,761 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: 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, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86.4% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.8% 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%.
| 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 1,133 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.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €53,063 | €47,875 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €52,241 | €52,088 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,231 | €1,399 | €838 | €168 | ▼ 79.9% |
| Other operating charges640/8 | - | - | €434 | €387 | ▼ 10.8% |
| Gross operating margin9900 | €822 | -€4,213 | €3,033 | -€377 | - |
| Operating profit (loss)9901 | -€409 | -€5,613 | €1,761 | -€932 | - |
| Financial income75/76B | €40 | - | - | - | - |
| Recurring financial income75 | €40 | - | - | - | - |
| Financial charges65/66B | €149 | €167 | €167 | €198 | ▲ 18.6% |
| Recurring financial charges65 | €149 | €167 | €167 | €198 | ▲ 18.6% |
| Profit (loss) for the period before taxes9903 | -€518 | -€5,779 | €1,594 | -€1,130 | - |
| Profit (loss) for the period9904 | -€518 | -€5,779 | €1,594 | -€1,130 | - |
| Profit (loss) for the period to be appropriated9905 | -€518 | -€5,779 | €1,594 | -€1,130 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,836 | €53,227 | €5,985 | €5,602 | ▼ 6.4% |
| Formation expenses20 | €561 | - | - | - | - |
| Fixed assets21/28 | €1,843 | €1,006 | €168 | €158 | ▼ 5.9% |
| Tangible fixed assets22/27 | €1,843 | €1,006 | €168 | - | - |
| Furniture and vehicles24 | €1,843 | €1,006 | €168 | - | - |
| Financial fixed assets28 | - | - | - | €158 | - |
| Current assets29/58 | €10,431 | €52,221 | €5,817 | €5,444 | ▼ 6.4% |
| Amounts receivable within one year40/41 | €243 | €44,211 | €3,376 | €615 | ▼ 81.8% |
| Trade receivables40 | - | €43,916 | €3,000 | - | - |
| Other amounts receivable41 | €243 | €296 | €376 | €615 | ▲ 63.8% |
| Cash at bank and in hand54/58 | €10,189 | €7,449 | €2,319 | €4,627 | ▲ 99.5% |
| Deferred charges and accrued income490/1 | - | €561 | €122 | €201 | ▲ 64.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,836 | €53,227 | €5,985 | €5,602 | ▼ 6.4% |
| Equity10/15 | €6,482 | €702 | €2,296 | €1,166 | ▼ 49.2% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | -€518 | -€6,298 | -€4,704 | -€5,834 | ▼ 24.0% |
| Amounts payable17/49 | €6,354 | €52,525 | €3,689 | €4,436 | ▲ 20.2% |
| Amounts payable within one year42/48 | €6,290 | €52,525 | €3,689 | €4,436 | ▲ 20.2% |
| Trade debts44 | €424 | €47,561 | - | €627 | - |
| Suppliers440/4 | €424 | €47,561 | - | €627 | - |
| Other amounts payable47/48 | €5,866 | €4,963 | €3,689 | €3,809 | ▲ 3.3% |
| Accrued charges and deferred income492/3 | €65 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€518 | -€5,779 | €1,594 | -€1,130 | - |
| + Depreciation and write-downs630 | €1,231 | €1,399 | €838 | €168 | ▼ 79.9% |
| Operating cash flow (approximation) | €713 | -€4,380 | €2,432 | -€962 | - |
| Investment in fixed assets (approximation) | - | -€561 | €0 | -€158 | - |
| Change in cash | - | -€2,740 | -€5,129 | €2,308 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 23-12-2025 | 2025-00588620 |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00377808 |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00350433 |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20286626 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DETHIER Loïc |
|
| KURT Koray |
|
| Dolorès SAUSSEZ |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-04
Gazette deed
Amendment of the articles · Name · Resignations & appointments · MiscellaneousResignation: Dolorès SAUSSEZ (director) · Appointments: KURT Koray (director) and DETHIER Loïc (director) · Incorporation12 facts ▸
- General meeting, 24-04-2025
- Incorporation, 23-10-2020
- Other provision, “historique des modifications statutaires” (deed in French)
- Name change, PROTEC & SERVICES
- Director resignation, Dolorès SAUSSEZ (director)
- Director discharge, Dolorès SAUSSEZ (director)
- Director appointment, KURT Koray (director)
- Director appointment, DETHIER Loïc (director)
- Amendment of the articles
- Power of attorney
- Other provision, “DONT PROCES-VERBAL dressé lieu et date que dessus, successivement et séparément adoptées à unanimité des voix” (deed in French)
- Other provision, “signature, après lecture partielle et commentée” (deed in French)
16-07
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 28-06-2024
- Registered-office move, Avenue des Arts,56 à 1000 Bruxelles
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0756.965.432
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’aménagement d’intérieur de logements privés, d’espaces commerciaux et bureaux, le conseil et la consultance en ces matières…” (deed in French)
13 activities (deed in French)
- L’aménagement d’intérieur de logements privés, d’espaces commerciaux et bureaux, le conseil et la consultance en ces matières ; l’établissement de plans et maquettes
- L’entreprise générale de la construction et du bâtiment (immeubles d’habitation, industriels ou commerciaux), et notamment le gros-oeuvre, la maçonnerie et le béton, les travaux de démolition, plafonnage, cimentage, pose de chape et gyproc, tailleur de pierre, marbrier, carrelage, toiture et étanchéité, sanitaire et plomberie, installation chauffage au gaz, de chauffage central, zinguerie et couvertures métalliques et non métalliques, travaux de vitrage, menuiserie charpenterie, peinture, pose revêtements murs et sols, électricité générale ainsi que tous placements de système d’alarme, de climatisation et de domotique, électrotechnique, lavage de vitres, horticulture, élagage d’arbres, aménagement de parcs et de jardin, construction de pavillons démontables et baraquements non métalliques, placement de clôture, ramonage de cheminées, installation d’échafaudage, de rejointoiement et nettoyage de façades, travaux d’égout, travaux de pose de câbles et de canalisations diverses, fabrication et d’installation de cheminées ornementales, nettoyage et désinfection de maisons et de locaux, meubles, ameublement et objets divers, fabrication et garnissage de meubles non métallique, installation de ventilation et d’aération, de chauffage à air chaud, de conditionnement d’air et de tuyauteries industrielles, travaux de drainage, placement de cuisines équipées, construction
- La création de plans et schémas techniques, coupes, perspectives isométriques et détaillées
- La construction, la transformation, l’achèvement, l’aménagement, la répartition, l’entretien, le nettoyage, le ferraillage du béton, le traitement et la démolition d’immeubles ainsi que toutes opérations comportant à la fois la fourniture d’un bien meuble et son placement dans un immeuble de telle manière que ce bien meuble devienne immeuble par nature
- Toutes opérations relatives à un bureau d’études de stabilité, de sanitaires, d’électricité et acoustique qui serait chargé notamment de l’établissement d’études, plans, coordination en ces domaines
- Toutes installations électriques, de mécanisme de protection contre le vol et l’incendie
- Toutes installations de sanitaire, de plomberie, de toitures et toutes autres installations techniques similaires
- Toutes opérations comportant à la fois la fabrication, la fourniture, la fixation et l‘installation de châssis, de volets, de persiennes, de hottes, de ventilateurs, d’armoires de rangement en bois, aluminium, PVC et en toutes matières quelconques sans que cette liste ne soit exhaustive
- La fabrication, l’achat, la vente en gros ou détail et la commercialisation en général des matériels nécessaires à la construction ou à la rénovation d’immeubles
- L’activité d’intermédiaire dans de telles opérations, ainsi que dans tout secteur d’activité libre et non règlementée
- L’entreprise de nettoyage et de désinfection de maisons et de locaux, meubles, ameublement et objets divers
- L’entreprise d’installation d’échafaudages, de rejointoiement et de nettoyage de façades
- Toutes activités en rapport avec la manutention et le déménagement
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROTEC & SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles Capitale, L’organe d’administration a le pouvoir de déplacer le siège de la société” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, assemblée qui nomme” (deed in French)“Rémunération administrateur, assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Conformément à l'article 1:32 CSA” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Après confirmation nomination par Tribunal de l'Entreprise compétent, si plusieurs forment collège” (deed in French)