PROTECT ONE
Open bankruptcySummary
A bankruptcy procedure is open for PROTECT ONE according to publications in the Belgian State Gazette. The file additionally contains 2 administrative flags. The 2023 annual accounts show negative equity (-€20,303) and a net result of -€33,998.
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 Liège, Liège division
- Declared bankrupt
- 20 October 2025
- Supervising judge
- Philippe Massoz
- Official Gazette
- 24-10-2025 (pdf) ↗search the document for 2025/143511
Deadlines
- Appeal or third-party opposition until
- passed on 8 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 19 November 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 4 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 20 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Laura NicoliniRue Haute Rognac 169, 4400 Flemallel.nicolini@avocat.be
- Violaine DevyverQuai Marcellis 7, 4020 Liege 2v.devyver@avocat.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
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.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of PROTECT ONE in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Four 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 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
31 d late
2021
9 d early
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
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 Are there other customers at risk in your own list?Process a list How is the Investigation and security activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€20,303
2022 · €13,696
Total assets
€323,563▲ 17.4%
2022 · €275,684
Net result
-€33,998
2022 · €59,149
Working capital
-€47,257
2022 · €6,406
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€28,553-€39,798€40,596▲ 2.0%€81,959▲ 102%-€23,720
Net result-€28,519-€34,571above the sector's middle half€27,637above the sector's middle half▼ 20.1%€59,149above the sector's middle half▲ 114%-€33,998below the sector's middle half
Equity-€23,519-€11,052within the sector's middle half€11,690within the sector's middle half▲ 5.8%€13,696within the sector's middle half▲ 17.2%-€20,303below the sector's middle half
Total assets€8,480-€39,168below the sector's middle half▲ 362%€99,765within the sector's middle half▲ 155%€275,684within the sector's middle half▲ 176%€323,563above the sector's middle half▲ 17.4%
Debt€31,998-€28,116▼ 12.1%€88,075▲ 213%€261,988▲ 197%€343,866▲ 31.3%
Working capital-€23,882-€10,702within the sector's middle half€10,862within the sector's middle half▲ 1.5%€6,406within the sector's middle half▼ 41.0%-€47,257below the sector's middle half
Solvency-277.3%-28.2%within the sector's middle half▲ 305.6pp11.7%within the sector's middle half▼ 16.5pp5.0%below the sector's middle half▼ 6.7pp-6.3%below the sector's middle half▼ 11.2pp
Current ratio0.25-1.38within the sector's middle half▲ 1.131.12within the sector's middle half▼ 0.261.02within the sector's middle half▼ 0.100.84below the sector's middle half▼ 0.18
Return on assets (ROA)-336.3%-88.3%above the sector's middle half▲ 424.6pp27.7%above the sector's middle half▼ 60.6pp21.5%above the sector's middle half▼ 6.2pp-10.5%below the sector's middle half▼ 32.0pp
Staff (FTE)0.5
above
within
below
the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €23,720 after €81,959 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €323,563
Fixed assets
€74,429 ▲ 920%
Current assets
€249,134 ▼ 7.2%
Key figures and ratios
EBITDA
-€12,755▼
2022 · €82,513
Cash flow
-€23,034▼
2022 · €59,703
Quick ratio
0.70▼
2022 · 1.02
Debt to equity
-16.94▼
2022 · 19.13
Interest coverage
-3.31▼
2022 · 79.05
Debt ≤ 1 year
€296,392▲
2022 · €261,983
Debt > 1 year
€46,744
Income taxes
€8,094▼
2022 · €25,218
Staff costs
€63,513▲
2022 · €5,287
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €5,287 | €63,513 | ▲ 1,101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,453 | - | €0 | €554 | €10,965 | ▲ 1,879% |
| Other operating charges640/8 | - | - | €3,518 | €9,992 | €18,713 | ▲ 87.3% |
| Gross operating margin9900 | -€21,683 | €40,745 | €44,115 | €97,791 | €69,471 | ▼ 29.0% |
| Operating profit (loss)9901 | -€28,553 | €39,798 | €40,596 | €81,959 | -€23,720 | ▼ 129% |
| Financial income75/76B | - | - | €1,811 | €3,452 | €1,673 | ▼ 51.5% |
| Recurring financial income75 | €111 | €949 | €1,811 | €3,452 | €1,673 | ▼ 51.5% |
| Financial charges65/66B | - | - | €728 | €1,044 | €3,857 | ▲ 270% |
| Recurring financial charges65 | €76 | €443 | €728 | €1,044 | €3,857 | ▲ 270% |
| Profit (loss) for the period before taxes9903 | -€28,519 | €40,305 | €41,680 | €84,367 | -€25,905 | ▼ 131% |
| Income taxes67/77 | - | €5,734 | €14,042 | €25,218 | €8,094 | ▼ 67.9% |
| Profit (loss) for the period9904 | -€28,519 | €34,571 | €27,637 | €59,149 | -€33,998 | ▼ 157% |
| Profit (loss) for the period to be appropriated9905 | -€28,519 | €34,571 | €27,637 | €59,149 | -€33,998 | ▼ 157% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,480 | €39,168 | €99,765 | €275,684 | €323,563 | ▲ 17.4% |
| Fixed assets21/28 | €363 | €350 | €828 | €7,295 | €74,429 | ▲ 920% |
| Tangible fixed assets22/27 | - | - | €478 | €1,932 | €69,066 | ▲ 3,475% |
| Furniture and vehicles24 | - | - | €478 | €1,932 | €69,066 | ▲ 3,475% |
| Financial fixed assets28 | €363 | €350 | €350 | €5,363 | €5,363 | = |
| Current assets29/58 | €8,117 | €38,818 | €98,937 | €268,389 | €249,134 | ▼ 7.2% |
| Stocks and contracts in progress3 | - | - | - | - | €41,027 | - |
| Stocks30/36 | - | - | - | - | €20,000 | - |
| Contracts in progress37 | - | - | - | - | €21,027 | - |
| Amounts receivable within one year40/41 | €8,054 | €36,885 | €86,129 | €259,503 | €191,056 | ▼ 26.4% |
| Trade receivables40 | - | - | €34,782 | €210,862 | €182,390 | ▼ 13.5% |
| Other amounts receivable41 | - | - | €51,347 | €48,641 | €8,666 | ▼ 82.2% |
| Cash at bank and in hand54/58 | €63 | €1,005 | €11,302 | €396 | €4,595 | ▲ 1,062% |
| Deferred charges and accrued income490/1 | - | - | €1,507 | €8,491 | €12,456 | ▲ 46.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,480 | €39,168 | €99,765 | €275,684 | €323,563 | ▲ 17.4% |
| Equity10/15 | -€23,519 | €11,052 | €11,690 | €13,696 | -€20,303 | ▼ 248% |
| Contributions10/11 | - | - | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€28,519 | €6,052 | €6,690 | €8,696 | -€25,303 | ▼ 391% |
| Amounts payable17/49 | €31,998 | €28,116 | €88,075 | €261,988 | €343,866 | ▲ 31.3% |
| Amounts payable after more than one year17 | - | - | - | - | €46,744 | - |
| Financial debts170/4 | - | - | - | - | €46,744 | - |
| Amounts payable within one year42/48 | €31,998 | €28,116 | €88,075 | €261,983 | €296,392 | ▲ 13.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €12,014 | - |
| Financial debts43 | - | - | - | - | €38,000 | - |
| Other loans439 | - | - | - | - | €38,000 | - |
| Trade debts44 | €28,604 | €7,504 | €19,255 | €98,550 | €179,835 | ▲ 82.5% |
| Suppliers440/4 | - | - | €19,255 | €98,550 | €179,835 | ▲ 82.5% |
| Taxes, remuneration and social security45 | - | - | €27,147 | €91,617 | €51,869 | ▼ 43.4% |
| Taxes450/3 | - | - | €27,147 | €90,409 | €49,944 | ▼ 44.8% |
| Remuneration and social security454/9 | - | - | - | €1,208 | €1,925 | ▲ 59.4% |
| Other amounts payable47/48 | - | - | €41,673 | €71,816 | €14,673 | ▼ 79.6% |
| Accrued charges and deferred income492/3 | - | - | - | €5 | €730 | ▲ 14,048% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,519 | €34,571 | €27,637 | €59,149 | -€33,998 | ▼ 157% |
| + Depreciation and write-downs630 | €1,453 | - | €0 | €554 | €10,965 | ▲ 1,879% |
| Operating cash flow (approximation) | -€27,065 | €34,571 | €27,638 | €59,703 | -€23,034 | ▼ 139% |
| Investment in fixed assets (approximation) | - | €13 | -€478 | -€7,021 | -€78,099 | ▼ 1,012% |
| Change in cash | - | €941 | €10,297 | -€10,906 | €4,199 | ▲ 139% |
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
22-06
KBO administration
Address struck
event 07-06-2026
2025
24-10
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 20-10-2025
22-08
KBO administration
Address struck
Rue de Hermée 245 Die Sitzadresse Rue de Hermée 245 4040
Herstal · event 19-06-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€33,998
Net result drops to -€33,998, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2019net €59,149 ▲114%
Operating result €81,959, net result €59,149, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €34,571
Net result €34,571 after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.38
Current ratio from 0.25 to 1.38; short-term debt falls from €31,998 to €28,116.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Juprelle · 1 establishment unit since 2019
Ground area
1,889 m²
Building footprint
181 m²
Volume, LiDAR
910 m³
2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROTECT ONE
since 20192.300.748.839
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312B0205/00P002indicative | Wallonia | 1,150 m² | - | - |
| 62107A0615/00B000 | Wallonia | 739 m² | 1 · 181 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 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 | LAURA NICOLINI RUE HAUTE ROGNAC 169,
4400 FLEMALLE |
20-10-2025 → present |
| Curator | VIOLAINE DEVYVER QUAI
MARCELLIS 7, 4020 LIEGE 2 |
20-10-2025 → present |
Similar companies · same sector, comparable size
AFIC Technics
BE 1006.813.280
Mortsel · Eq €13,319
GWI ENGINEERING
BE 0835.785.553
Sint-Gillis (bij-Brussel) · Eq €13,160
Kim Consult
BE 1002.600.710
Edegem · Eq €14,412
W-security
BE 0689.940.214
Aalter · Eq €14,981
SEAL CONCEPT
BE 0757.675.413
Pelt · Eq €15,450
Of 462 companies in sector 80090 we hold annual accounts for 262. 151 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
Founded14-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
80090Investigation and security activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.