PROTECH ENERGY
Open bankruptcySummary
A bankruptcy procedure is open for PROTECH ENERGY according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €117,412 and a net result of €21,273.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 18 June 2026
- Supervising judge
- Rijn Delbroek
- Official Gazette
- 24-06-2026 (pdf) ↗search the document for 2026/127986
Curators
- Michael WarsonHavermarkt 22, 3500 Hasseltinfo@solvimus.be
- Tom RenckensHavermarkt 22, 3500 Hasselttom@solvimus.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
90 d late
2021
1 d late
2020
281 d late
2019
76 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 95 days after 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 (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the General electrical installation work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€117,412▲ 22.1%
2023 · €96,138
Total assets
€264,152▲ 43.6%
2023 · €184,012
Net result
€21,273▼ 55.7%
2023 · €47,971
Working capital
€64,836▼ 27.9%
2023 · €89,889
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
Line20202021202220232024
Operating result€26,715▲ 143%€6,944▼ 74.0%-€4,221€64,870€31,100▼ 52.1%
Net result€23,237▲ 201%€4,893▼ 78.9%-€4,426€47,971€21,273▼ 55.7%
Equity€47,701▲ 95.0%€52,594▲ 10.3%€48,168▼ 8.4%€96,138▲ 99.6%€117,412▲ 22.1%
Total assets€163,425▼ 22.4%€127,935▼ 21.7%€76,332▼ 40.3%€184,012▲ 141%€264,152▲ 43.6%
Debt€115,724▼ 37.8%€75,341▼ 34.9%€28,164▼ 62.6%€87,874▲ 212%€146,740▲ 67.0%
Working capital€97,701▲ 31.2%€102,594▲ 5.0%€58,168▼ 43.3%€89,889▲ 54.5%€64,836▼ 27.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Total assets +141% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €264,152
Fixed assets
€90,478 ▲ 457%
Current assets
€173,674 ▲ 3.5%
Equity and liabilities €264,152
Equity
€117,412 ▲ 22.1%
Debt
€146,740 ▲ 67.0%
Debt's share of the balance-sheet total rises from 47.8% to 55.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46,594▼
2023 · €65,220
Cash flow
€36,766▼
2023 · €48,321
Current ratio
1.60▼
2023 · 2.15
Quick ratio
1.57▼
2023 · 2.12
Debt to equity
1.25▲
2023 · 0.91
ROE
18.1%▼
2023 · 49.9%
ROA
8.1%▼
2023 · 26.1%
Interest coverage
26.71▼
2023 · 62.21
Debt ≤ 1 year
€108,838▲
2023 · €77,874
Debt > 1 year
€37,902▲
2023 · €10,000
Income taxes
€8,083▼
2023 · €15,851
Staff costs
€487▼
2023 · €2,983
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,983 | €487 | ▼ 83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €350 | €15,493 | ▲ 4,329% |
| Other operating charges640/8 | - | - | €62 | - | €1,619 | - |
| Non-recurring operating charges66A | - | - | - | - | €2,795 | - |
| Gross operating margin9900 | €27,368 | €9,678 | -€4,159 | €68,203 | €51,495 | ▼ 24.5% |
| Operating profit (loss)9901 | €26,715 | €6,944 | -€4,221 | €64,870 | €31,100 | ▼ 52.1% |
| Financial charges65/66B | - | - | €206 | €1,048 | €1,744 | ▲ 66.4% |
| Recurring financial charges65 | €2,408 | €269 | €206 | €1,048 | €1,744 | ▲ 66.4% |
| Profit (loss) for the period before taxes9903 | €29,307 | €6,674 | -€4,426 | €63,822 | €29,356 | ▼ 54.0% |
| Income taxes67/77 | €6,070 | €1,781 | - | €15,851 | €8,083 | ▼ 49.0% |
| Profit (loss) for the period9904 | €23,237 | €4,893 | -€4,426 | €47,971 | €21,273 | ▼ 55.7% |
| Profit (loss) for the period to be appropriated9905 | €23,237 | €4,893 | -€4,426 | €47,971 | €21,273 | ▼ 55.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €163,425 | €127,935 | €76,332 | €184,012 | €264,152 | ▲ 43.6% |
| Fixed assets21/28 | - | - | - | €16,249 | €90,478 | ▲ 457% |
| Tangible fixed assets22/27 | - | - | - | €16,249 | €89,478 | ▲ 451% |
| Plant, machinery and equipment23 | - | - | - | €3,730 | €21,183 | ▲ 468% |
| Furniture and vehicles24 | - | - | - | €12,519 | €68,294 | ▲ 446% |
| Financial fixed assets28 | - | - | - | - | €1,000 | - |
| Current assets29/58 | €163,425 | €127,935 | €76,332 | €167,763 | €173,674 | ▲ 3.5% |
| Stocks and contracts in progress3 | €36,138 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Stocks30/36 | - | - | €3,000 | €3,000 | €3,000 | = |
| Amounts receivable within one year40/41 | €64,357 | €42,758 | €56,096 | €125,251 | €146,243 | ▲ 16.8% |
| Trade receivables40 | - | - | €55,950 | €115,159 | €137,703 | ▲ 19.6% |
| Other amounts receivable41 | - | - | €146 | €10,092 | €8,540 | ▼ 15.4% |
| Cash at bank and in hand54/58 | €62,930 | €82,177 | €17,235 | €39,512 | €24,431 | ▼ 38.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €163,425 | €127,935 | €76,332 | €184,012 | €264,152 | ▲ 43.6% |
| Equity10/15 | €47,701 | €52,594 | €48,168 | €96,138 | €117,412 | ▲ 22.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €35,301 | €40,194 | €35,768 | €83,738 | €105,012 | ▲ 25.4% |
| Non-distributable reserves130/1 | - | - | €1,860 | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | €1,860 | - |
| Distributable reserves133 | - | - | €33,908 | €83,738 | €103,152 | ▲ 23.2% |
| Profit (loss) carried forward14 | €491 | - | €0 | - | - | - |
| Amounts payable17/49 | €115,724 | €75,341 | €28,164 | €87,874 | €146,740 | ▲ 67.0% |
| Amounts payable after more than one year17 | €50,000 | €50,000 | €10,000 | €10,000 | €37,902 | ▲ 279% |
| Financial debts170/4 | - | - | €10,000 | €10,000 | €37,902 | ▲ 279% |
| Amounts payable within one year42/48 | €65,724 | €25,341 | €18,164 | €77,874 | €108,838 | ▲ 39.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €22,052 | - |
| Trade debts44 | €52,357 | €14,306 | €16,587 | €60,629 | €65,349 | ▲ 7.8% |
| Suppliers440/4 | - | - | €16,587 | €60,629 | €65,349 | ▲ 7.8% |
| Taxes, remuneration and social security45 | - | - | - | €17,245 | €20,308 | ▲ 17.8% |
| Taxes450/3 | - | - | - | €15,851 | €20,308 | ▲ 28.1% |
| Remuneration and social security454/9 | - | - | - | €1,394 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €1,577 | - | €1,128 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,237 | €4,893 | -€4,426 | €47,971 | €21,273 | ▼ 55.7% |
| + Depreciation and write-downs630 | - | - | - | €350 | €15,493 | ▲ 4,329% |
| Operating cash flow (approximation) | €23,237 | €4,893 | -€4,426 | €48,321 | €36,766 | ▼ 23.9% |
| Investment in fixed assets (approximation) | - | - | - | - | -€89,722 | - |
| Change in cash | - | €19,248 | -€64,942 | €22,277 | -€15,081 | ▼ 168% |
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
2026
24-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 18-06-2026
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Equity above €100,000Eq €117,412 ▲22.1%
2 profitable years in a row build equity to €117,412.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €47,971
Net result €47,971 after one loss-making year.
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 90 days late
2022
30-06
Financial
Weakest financial yearnet -€4,426
Net result drops to -€4,426, the lowest in the series.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 281 days late
30-06
Financial
Liquidity doublescurrent ratio 5.05
Current ratio from 2.49 to 5.05; short-term debt falls from €65,724 to €25,341.
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Herk-de-Stad · 1 establishment unit since 2017
Ground area
1.3 ha
Building footprint
892 m²
2 parcels, Flanders. Linked by address, not a title deed.
165
companies at this address
See who is registered here
1 establishment unit
Protech Energy
since 20172.266.601.473
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1076/00B002 | Flanders | 6,626 m² | 1 · 535 m² | - |
| 71003B0070/00Z004 | Flanders | 5,956 m² | 1 · 357 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MICHAEL WARSON HAVERMARKT 22, 3500 HASSELT- |
18-06-2026 → present |
| Curator | TOM RENCKENS HAVERMARKT 22,
3500 HASSELT |
18-06-2026 → present |
Recognitions · licences · registrations
Recognised contractor
2 categoriesPROTECH ENERGY BV43249
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,756 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
Founded07-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43410Roofing work
25401Forging of metal
E-invoicing
Reachable via Peppol
Peppol ID
0208:0679633765
Also
9925:BE0679633765
Registered
17-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.