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PROTECH SOLUTIONS

Active
Private limited companyfounded 2024active for 2 yearsKapelstraat 114, 2840 Rumst, BelgiumKBO/BCE: BE 1014.357.011
Summary

The computed 12-month bankruptcy probability of PROTECH SOLUTIONS is 2.6% (moderate). The 2025 annual accounts show equity of €24,754 and a net result of €22,754. Its solvency ranks better than 16% of 1,679 sector peers (NACE 33, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00462387.

Equity
€24,754
Total assets
€219,601
Net result
€22,754
Working capital
-€10,645

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €219,601
Fixed assets €55,552
Current assets €164,049
Equity and liabilities €219,601
Equity €24,754
Debt €194,847
Debt finances 88.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€48,782
Cash flow
€41,436
Current ratio
0.94
Quick ratio
0.09
Debt to equity
7.87
ROE
91.9%
ROA
10.4%
Interest coverage
47.08
Debt ≤ 1 year
€174,695
Debt > 1 year
€20,152
Income taxes
€6,329

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,474 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 7,976 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 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€219,601
Fixed assets21/28€55,552
Tangible fixed assets22/27€51,652
Furniture and vehicles24€51,652
Financial fixed assets28€3,900
Current assets29/58€164,049
Stocks and contracts in progress3€148,924
Stocks30/36€148,924
Amounts receivable within one year40/41€5,136
Trade receivables40€5,072
Other amounts receivable41€65
Cash at bank and in hand54/58€9,988
Equity and liabilities
Total equity and liabilities10/49€219,601
Equity10/15€24,754
Contributions10/11€2,000
Profit (loss) carried forward14€22,754
Amounts payable17/49€194,847
Amounts payable after more than one year17€20,152
Financial debts170/4€20,152
Amounts payable within one year42/48€174,695
Current portion of amounts payable after more than one year42€8,153
Trade debts44€31,595
Suppliers440/4€31,595
Taxes, remuneration and social security45€12,314
Taxes450/3€3,914
Remuneration and social security454/9€8,401
Other amounts payable47/48€122,632
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,682
Other operating charges640/8€1,821
Gross operating margin9900€50,603
Operating profit (loss)9901€30,101
Financial income75/76B€18
Recurring financial income75€18
Financial charges65/66B€1,036
Recurring financial charges65€1,036
Profit (loss) for the period before taxes9903€29,083
Income taxes67/77€6,329
Profit (loss) for the period9904€22,754
Profit (loss) for the period to be appropriated9905€22,754
Appropriation of the result
Profit (loss) to be appropriated9906€22,754

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,682
Other operating charges640/8€1,821
Gross operating margin9900€50,603
Operating profit (loss)9901€30,101
Financial income75/76B€18
Recurring financial income75€18
Financial charges65/66B€1,036
Recurring financial charges65€1,036
Profit (loss) for the period before taxes9903€29,083
Income taxes67/77€6,329
Profit (loss) for the period9904€22,754
Profit (loss) for the period to be appropriated9905€22,754
Line2025
Assets
Total assets20/58€219,601
Fixed assets21/28€55,552
Tangible fixed assets22/27€51,652
Furniture and vehicles24€51,652
Financial fixed assets28€3,900
Current assets29/58€164,049
Stocks and contracts in progress3€148,924
Stocks30/36€148,924
Amounts receivable within one year40/41€5,136
Trade receivables40€5,072
Other amounts receivable41€65
Cash at bank and in hand54/58€9,988
Equity and liabilities
Total equity and liabilities10/49€219,601
Equity10/15€24,754
Contributions10/11€2,000
Profit (loss) carried forward14€22,754
Amounts payable17/49€194,847
Amounts payable after more than one year17€20,152
Financial debts170/4€20,152
Amounts payable within one year42/48€174,695
Current portion of amounts payable after more than one year42€8,153
Trade debts44€31,595
Suppliers440/4€31,595
Taxes, remuneration and social security45€12,314
Taxes450/3€3,914
Remuneration and social security454/9€8,401
Other amounts payable47/48€122,632
Line2025
Profit (loss) for the period9904€22,754
+ Depreciation and write-downs630€18,682
Operating cash flow (approximation)€41,436

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-08-2026 2026-00462387

Similar companies · same sector, comparable size

Of the 3,713 active companies whose main activity is repair and maintenance of machinery (NACE 33120), figures are known for 1,399. 960 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.