Equity
€332,782 ▲ 16.5%
PROTECH has made a profit without a break since 2020.
PROTECH
Lifetime
19 annual accounts with figures on one time axispeak €104,672 (2025)
€104,672▲ 3.1%
lowest -€2,701 (2007)
€47,144▲ 10.0%
peak €332,782 (2025)
€332,782▲ 16.5%
€42,081▲ 226%
Board3 names since 2020
2 directorsDE COCK Luc Alexander and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Equity from €285,638 to €332,782Debts from €12,924 to €42,081Cash from €149,542 to €230,478
Key points
from the 2025 annual accountsFilings
19 annual accounts 20 filings since 2007
Six of the last ten came late. The 2021 accounts came latest: 82 days after the end of the period.
Position in the sector
88.8%
Higher solvency than 92% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
97
Excellent
Financially stronger than 79% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025highest value
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: < 0.1%▼ -0.1 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 7.50, cash €230,478
Equity €332,782 (88.8% of total assets)
Founded in 2006
Calculation
The band follows from the bankruptcy probability. 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). It does better than 90% of them on solvency, 96% on liquidity, 68% on profitability and 64% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as PROTECH has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROTECH itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for PROTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.5 (16.38 in 2024), above the usual 1.5. Short-term debt is 11.2% and cash 61.5% of total assets. 11.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
29 days early
2023
5 days early
2022
29 days late
2021
82 days late
2020
32 days early
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 54 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MARTROYE Ruben Luciaan Joris Corneel 450 sharesdeed of 15-12-2022
- DE COCK Luc Alexander 40 sharesdeed of 15-12-2022
- FILION Danielle Marie Yvette 10 sharesdeed of 15-12-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0881913706
Registered office moved from Berchem to Rumbeke
New registered office: Stijn Streuvelstraat 29-8800 Rumbeke · Previous registered office: Hoogveld 2 bus 0502-2600 Berchem · Resignation: Filion Danielle (director) · General meeting of 26-09-2024 · Gazette deed
Security firm approval (alarm systems) granted
Decision of 02-01-2023, published on 26-10-2023
3 directors reappointed
DE COCK Luc Alexander, MARTROYE Ruben Luciaan Joris Corneel and FILION Danielle Marie Yvette · “Alarmsystemen(tegen diefstal); Camerasystemen(waaronder CCTV(Closed Circuit Television)systeem)…” (deed in Dutch) · MARTROYE Ruben Luciaan Joris Corneel holds 450 shares · General meeting of 06-12-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROTECH Roeselare | €374,863 | €104,672 | 88.8% | - |
| 2FD Kortrijk | €406,001 | €113,768 | 27.5% | - |
| ELEKTRO FD Koekelare | €365,605 | €107,135 | 69.6% | - |
| DEWANCKELE DAVID Koekelare | €376,320 | €94,031 | 75.2% | - |
| EPS-PROTECTION Zwevegem | €450,448 | €97,170 | 88.0% | - |
| QUARTIER PIETER Harelbeke | €386,805 | €91,621 | 19.1% | - |
| LAMEIRE & PARTNERS Damme | €454,192 | €95,533 | 90.9% | - |
These companies have the same main activity as PROTECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €366,000 and €454,000, founded between 2003 and 2009.
Official details
Source: KBO- Status
- Active since 16-06-2006Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.154.944.8728800 Roeselare, since 16-06-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Insights on PROTECH
PROTECH files the micro format. That format states no turnover. The gross margin rose from €976 in 2007 to €104,672 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROTECH
- What is the company number of PROTECH?
- The company number of PROTECH is 0881.913.706. The VAT number is the same number with BE in front: BE 0881.913.706.
- Where is PROTECH based?
- The registered office is at Stijn Streuvelsstraat 29, 8800 Roeselare.Company details
- What does PROTECH do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of PROTECH?
- PROTECH is a private limited company (BV).
- When was PROTECH founded?
- PROTECH was founded on 16-06-2006.
- Is PROTECH still active?
- Yes, PROTECH is an active enterprise in the KBO register.
- What is the turnover of PROTECH?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €104,672 and 38 comparable companies (NACE 43211). It probably lies between €210,000 and €380,000.Financials
- Is PROTECH profitable?
- In financial year 2025, PROTECH made a profit of €47,144.
- Where can I find the annual accounts of PROTECH?
- PROTECH filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROTECH due?
- PROTECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.