Protection & Gestion
ActiveProtection & Gestion has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €1k. Equity is shrinking by ~18.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 22% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+31
Solvency29▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11210 sector peers (2025).
NBB · sector comparisonPosition among 11210 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
7 d early
2022
6 d early
2021
3 d early
2020
5 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▲ 65.8%
2024 · €2k
2018: €17k
2019: €13k
2020: €9k
2021: €11k
2022: €8k
2023: €10k
2024: €2k
2018 → 2025
Total assets
€92k▼ 19.5%
2024 · €114k
2018: €86k
2019: €42k
2020: €34k
2021: €52k
2022: €135k
2023: €124k
2024: €114k
2018 → 2025
Net result
€1k
2024 · €-8k
2018: €6k
2019: €-3k
2020: €-4k
2021: €2k
2022: €6k
2023: €2k
2024: €-8k
2018 → 2025
Working capital
€-624▲ 82.6%
2024 · €-4k
2018: €16k
2019: €11k
2020: €6k
2021: €9k
2022: €4k
2023: €4k
2024: €-4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€8k▼ 29.4%€10k▲ 19.6%€2k▼ 78.2%€3k▲ 65.8%
Operating result€6k-€10k▲ 67.5%€9k▼ 8.7%€-5k€7k
Net result€2k-€6k▲ 147%€2k▼ 71.5%€-8k€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€4k▼ 27.8%
Current assets
€88k▼ 19.1%
Equity and liabilities €92k
Equity
€3k▲ 65.8%
Debt
€89k▼ 21.1%
The debt ratio falls from 98.2% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €-4k
Cash flow
€3k▲
2024 · €-6k
Solvency
3.8%▲
2024 · 1.8%
Current ratio
0.99▲
2024 · 0.97
Quick ratio
0.99▲
2024 · 0.96
Debt / equity
25.39▼
2024 · 53.34
ROE
39.7%▲
2024 · -358.4%
ROA
1.5%▲
2024 · -6.6%
Interest coverage
2.59▲
2024 · -1.72
Debt
€89k▼
2024 · €112k
Debt ≤ 1 year
€89k▼
2024 · €112k
Income taxes
€3k▲
2024 · €0
Staff costs
€0▼
2024 · €628
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€114k€92k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Land and buildings22€3k€3k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€109k€88k▼
Stocks and contracts in progress3€466€360▼
Stocks30/36€466€360▼
Amounts receivable within one year40/41€107k€81k▼
Trade receivables40€107k€81k▼
Other amounts receivable41€6€0▼
Cash at bank and in hand54/58€471€6k▲
Deferred charges and accrued income490/1€689€429▼
Equity and liabilities
Total equity and liabilities10/49€114k€92k▼
Equity10/15€2k€3k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-6k€-5k▲
Amounts payable17/49€112k€89k▼
Amounts payable within one year42/48€112k€89k▼
Financial debts43€12k€0▼
Credit institutions430/8€12k€0▼
Trade debts44€81k€59k▼
Suppliers440/4€81k€59k▼
Taxes, remuneration and social security45€17k€9k▼
Taxes450/3€17k€9k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€628€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-2k€10k▲
Operating profit (loss)9901€-5k€7k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-8k€4k▲
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€-8k€1k▲
Profit (loss) for the period to be appropriated9905€-8k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-5k▲
Profit (loss) brought forward from the previous period14P-€-6k
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼577%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Binche · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Jean Derave(BIN) 127130 BincheGround area
271 m²
Building footprint
73 m²
Volume, LiDAR
1,167 m³
Parcel 56011C0221/00K000, Wallonia · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Protection & Gestion
since 19902.046.282.306
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56011C0221/00K000 | Wallonia | 271 m² | 1 · 73 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JOBFASHION
BE 0785.321.106
Maldegem · Eq €4k
JLCservices
BE 1007.156.839
Evergem · Eq €3k
APOLLO 11
BE 0768.519.815
Schaarbeek · Eq €4k
HQI
BE 0820.706.904
Beveren-Kruibeke-Zwijndrecht · Eq €2k
AT WORK
BE 0725.780.130
Binche · Eq €6k
Of 192 companies in sector 46421 we hold annual accounts for 129. 17 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1989
Fiscal year end31-12
Abbreviation FR
P&G
Activities, NACEBEL
46421Wholesale trade
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.