PROTECOM
InactiveFinancials · financial year 2024, micro format
Turnover
≈ €39,000
Estimated: probably between €18,000 and €93,000
Total assets
€151,562▼ 28.7%
2023 · €212,685
Net result
-€52,301
2023 · €4,699
Working capital
€59,940▼ 50.0%
2023 · €119,945
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result recovers in 2024; 2024 is 19% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€3,464
2024
Net result-€52,301
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€151,562
2024
Equity-€14,933
2024
Debt€166,495
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€59,940
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€3,708--€675-€1,218▼ 80.3%-€16,875▼ 1,285%€13,811€2,910▼ 78.9%€3,464▲ 19.0%
Net result€3,185--€923-€1,521▼ 64.9%-€17,362▼ 1,042%€13,657€4,699▼ 65.6%-€52,301
Equity€38,817-€37,895▼ 2.4%€36,374▼ 4.0%€19,012▼ 47.7%€32,669▲ 71.8%€37,368▲ 14.4%-€14,933
Total assets€146,130-€109,046▼ 25.4%€225,320▲ 107%€204,354▼ 9.3%€260,694▲ 27.6%€212,685▼ 18.4%€151,562▼ 28.7%
Debt€107,313-€71,151▼ 33.7%€188,947▲ 166%€185,342▼ 1.9%€228,025▲ 23.0%€175,318▼ 23.1%€166,495▼ 5.0%
Working capital€35,078-€37,895▲ 8.0%€212,093▲ 460%€184,903▼ 12.8%€152,721▼ 17.4%€119,945▼ 21.5%€59,940▼ 50.0%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151,562
Fixed assets
€90,000 =
Current assets
€61,562 ▼ 49.8%
Equity and liabilities
Equity-€14,933
Debt€166,495
Equity is negative: debt (€166,495) exceeds the balance-sheet total (€151,562).
Key figures and ratios
Solvency
-9.9%▼
2023 · 17.6%
Current ratio
37.95▼
2023 · 44.78
ROA
-34.5%▼
2023 · 2.2%
Debt ≤ 1 year
€1,622▼
2023 · €2,740
Debt > 1 year
€164,873▼
2023 · €172,578
Income taxes
€291▼
2023 · €1,287
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,093 | €3,739 | - | - | €11,490 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,548 | €1,770 | €1,420 | €1,591 | ▲ 12.1% |
| Gross operating margin9900 | €9,057 | €4,229 | €1,731 | -€15,326 | €27,071 | €4,330 | €5,055 | ▲ 16.8% |
| Operating profit (loss)9901 | €3,708 | -€675 | -€1,218 | -€16,875 | €13,811 | €2,910 | €3,464 | ▲ 19.0% |
| Financial income75/76B | - | - | - | - | - | €3,343 | - | - |
| Recurring financial income75 | - | €7 | €3 | - | - | €3,343 | - | - |
| Financial charges65/66B | - | - | - | €487 | €154 | €268 | €55,474 | ▲ 207× |
| Recurring financial charges65 | €189 | €254 | €306 | €487 | €154 | €268 | €55,474 | ▲ 207× |
| Profit (loss) for the period before taxes9903 | €3,518 | -€923 | -€1,521 | -€17,362 | €13,657 | €5,985 | -€52,011 | - |
| Income taxes67/77 | €333 | - | - | - | - | €1,287 | €291 | ▼ 77.4% |
| Profit (loss) for the period9904 | €3,185 | -€923 | -€1,521 | -€17,362 | €13,657 | €4,699 | -€52,301 | - |
| Profit (loss) for the period to be appropriated9905 | €3,185 | -€923 | -€1,521 | -€17,362 | €13,657 | €4,699 | -€52,301 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €146,130 | €109,046 | €225,320 | €204,354 | €260,694 | €212,685 | €151,562 | ▼ 28.7% |
| Fixed assets21/28 | €3,739 | - | €10,210 | €10,210 | €100,210 | €90,000 | €90,000 | = |
| Tangible fixed assets22/27 | €3,739 | - | €10,210 | €10,210 | €100,210 | €90,000 | €90,000 | = |
| Land and buildings22 | - | - | - | €10,210 | €100,210 | €90,000 | €90,000 | = |
| Current assets29/58 | €142,391 | €109,046 | €215,110 | €194,144 | €160,484 | €122,685 | €61,562 | ▼ 49.8% |
| Stocks and contracts in progress3 | - | - | €124,030 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €141,428 | €108,338 | €86,154 | €193,677 | €155,953 | €122,168 | €60,979 | ▼ 50.1% |
| Trade receivables40 | - | - | - | €92,365 | €119,377 | €91,524 | €34,616 | ▼ 62.2% |
| Other amounts receivable41 | - | - | - | €101,312 | €36,576 | €30,644 | €26,362 | ▼ 14.0% |
| Cash at bank and in hand54/58 | €230 | €294 | €3 | €48 | €4,246 | €125 | €125 | = |
| Deferred charges and accrued income490/1 | - | - | - | €419 | €285 | €393 | €459 | ▲ 16.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €146,130 | €109,046 | €225,320 | €204,354 | €260,694 | €212,685 | €151,562 | ▼ 28.7% |
| Equity10/15 | €38,817 | €37,895 | €36,374 | €19,012 | €32,669 | €37,368 | -€14,933 | - |
| Contributions10/11 | €43,381 | €43,381 | €43,381 | €43,381 | €43,381 | €43,381 | €43,381 | = |
| Capital10 | - | - | - | €43,381 | €43,381 | €43,381 | €43,381 | = |
| Issued capital100 | - | - | - | €43,381 | €43,381 | €43,381 | €43,381 | = |
| Reserves13 | €5,944 | €5,944 | €5,944 | €5,944 | €5,944 | €5,944 | €5,944 | = |
| Non-distributable reserves130/1 | - | - | - | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Legal reserve130 | - | - | - | €4,338 | €4,338 | €4,338 | €4,338 | = |
| Distributable reserves133 | - | - | - | €1,606 | €1,606 | €1,606 | €1,606 | = |
| Profit (loss) carried forward14 | -€10,509 | -€11,431 | -€12,952 | -€30,314 | -€16,657 | -€11,958 | -€64,259 | ▼ 437% |
| Amounts payable17/49 | €107,313 | €71,151 | €188,947 | €185,342 | €228,025 | €175,318 | €166,495 | ▼ 5.0% |
| Amounts payable after more than one year17 | - | - | €185,930 | €176,102 | €220,262 | €172,578 | €164,873 | ▼ 4.5% |
| Other amounts payable178/9 | - | - | - | €176,102 | €220,262 | €172,578 | €164,873 | ▼ 4.5% |
| Amounts payable within one year42/48 | €107,313 | €71,151 | €3,017 | €9,240 | €7,762 | €2,740 | €1,622 | ▼ 40.8% |
| Trade debts44 | €16,840 | €6,273 | €1,324 | €9,240 | €3,164 | €1,453 | €45 | ▼ 96.9% |
| Suppliers440/4 | - | - | - | €9,240 | €3,164 | €1,453 | €45 | ▼ 96.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €4,599 | €1,287 | €1,577 | ▲ 22.6% |
| Taxes450/3 | - | - | - | - | €4,599 | €1,287 | €1,577 | ▲ 22.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,185 | -€923 | -€1,521 | -€17,362 | €13,657 | €4,699 | -€52,301 | - |
| + Depreciation and write-downs630 | €4,093 | €3,739 | - | - | €11,490 | - | - | - |
| Operating cash flow (approximation) | €7,278 | €2,816 | -€1,521 | -€17,362 | €25,147 | €4,699 | -€52,301 | - |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€101,490 | €10,210 | €0 | ▼ 100% |
| Change in cash | - | €64 | -€292 | €45 | €4,198 | -€4,121 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 26-06-2025 | 2025-00208370 |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00239860 |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00214959 |
| 31-12-2021 | micro format | 27-09-2022 | 2022-20445648 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-63900054 |
| 31-12-2019 | micro format | 04-08-2020 | 2020-39600256 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68600129 |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65100547 |
| 31-12-2016 | micro format | 27-09-2017 | 2017-63500080 |
| 31-12-2015 | full format | 21-11-2016 | 2016-68200242 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.