PROTEQ
ActiveThe computed 12-month bankruptcy probability of PROTEQ is 1.7% (moderate). The 2025 annual accounts show equity of €131k and a net result of €26k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1305 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 96.96 against 18.74 in 2024; short-term debt: 0.8% and cash: 70% of total assets), and 0.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.2%
Return on assets
20%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 d early
2024
15 d early
2023
7 d early
2022
6 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€131k▲ 25.3%
2024 · €104k
2022: €41k
2023: €74k
2024: €104k
2022 → 2025
Total assets
€132k▲ 21.9%
2024 · €108k
2022: €57k
2023: €80k
2024: €108k
2022 → 2025
Net result
€26k▼ 13.0%
2024 · €30k
2022: €38k
2023: €34k
2024: €30k
2022 → 2025
Working capital
€102k▲ 52.9%
2024 · €67k
2022: €25k
2023: €44k
2024: €67k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€41k-€74k▲ 82.9%€104k▲ 40.9%€131k▲ 25.3%
Operating result€47k-€42k▼ 9.9%€38k▼ 9.3%€33k▼ 12.9%
Net result€38k-€34k▼ 10.5%€30k▼ 9.7%€26k▼ 13.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 13% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€29k▼ 23.6%
Current assets
€103k▲ 46.2%
Equity and liabilities €132k
Equity
€131k▲ 25.3%
Debt
€1k▼ 71.7%
The debt ratio falls from 3.5% to 0.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2024 · €45k
Cash flow
€35k▼
2024 · €37k
Solvency
99.2%▲
2024 · 96.5%
Current ratio
96.96▲
2024 · 18.74
Quick ratio
96.96▲
2024 · 18.74
Debt / equity
0.01▼
2024 · 0.04
ROE
20.2%▼
2024 · 29.0%
ROA
20.0%▼
2024 · 28.0%
Interest coverage
282.07▼
2024 · 333.26
Debt
€1k▼
2024 · €4k
Debt ≤ 1 year
€1k▼
2024 · €4k
Income taxes
€7k▼
2024 · €8k
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€108k€132k▲
Fixed assets21/28€38k€29k▼
Tangible fixed assets22/27€38k€29k▼
Land and buildings22€13k€12k▼
Plant, machinery and equipment23€2k€985▼
Furniture and vehicles24€23k€16k▼
Current assets29/58€70k€103k▲
Amounts receivable within one year40/41€8k€10k▲
Trade receivables40€8k€8k▲
Other amounts receivable41€458€2k▲
Cash at bank and in hand54/58€61k€92k▲
Deferred charges and accrued income490/1€999€572▼
Equity and liabilities
Total equity and liabilities10/49€108k€132k▲
Equity10/15€104k€131k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€101k€128k▲
Amounts payable17/49€4k€1k▼
Amounts payable within one year42/48€4k€1k▼
Trade debts44€317€513▲
Suppliers440/4€317€513▲
Taxes, remuneration and social security45€2k€152▼
Taxes450/3€2k€152▼
Other amounts payable47/48€2k€398▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€311€779▲
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€47k€43k▼
Operating profit (loss)9901€38k€33k▼
Financial income75/76B€34€0▼
Recurring financial income75€34€0▼
Financial charges65/66B€135€150▲
Recurring financial charges65€135€150▲
Profit (loss) for the period before taxes9903€38k€33k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€30k€26k▼
Profit (loss) for the period to be appropriated9905€30k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€128k▲
Profit (loss) brought forward from the previous period14P€71k€101k▲
The notes to these accounts (7 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €26k ▼13%
Net result drops to €26k, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 96.96
Current ratio from 18.74 to 96.96; short-term debt falls from €4k to €1k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 18.74
Current ratio from 8.43 to 18.74; short-term debt falls from €6k to €4k.
31-12
Financial
Equity above €100kEq €104k ▲40.9%
3 profitable years in a row build equity to €104k.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 8.43
Current ratio from 2.50 to 8.43; short-term debt falls from €17k to €6k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Rijkevorsel · 1 establishment unit since 2022
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.
Vlimmersebaan 432310 RijkevorselGround area
1,277 m²
Building footprint
123 m²
Volume, LiDAR
492 m³
Parcel 13502D0108/00L002, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PROTEQ
since 20222.328.394.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502D0108/00L002 | Flanders | 1,277 m² | 1 · 123 m² | 8.4 m · 1 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
FLANDERS CRANE REPAIR
BE 0734.841.514
Wervik · Eq €131k
TVA TECHNIEK
BE 0891.635.282
Sint-Laureins · Eq €131k
OPTIMITRAC
BE 0629.747.061
Walcourt · Eq €130k
TECHNIC-AL
BE 0742.743.846
Anderlecht · Eq €132k
VYNCKIER SERVICE
BE 1005.677.687
Ledegem · Eq €132k
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,141 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
25110Manufacture of metal structures and parts of structures
25530Machining of metals
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.