PROTIM
ActiveThe computed 12-month bankruptcy probability of PROTIM is 5.2% (elevated). The 2024 annual accounts show equity of €21k and a net result of €-3k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 36377 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy▼ -9 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-46
Solvency98▲+16
Growth52=
Stability100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.75 in 2023), and 41.3% 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.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.7%
Return on assets
-7.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
33 d early
2022
35 d early
2021
10 d early
2020
39 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€21k▼ 11.4%
2023 · €23k
2019: €10k
2020: €15k
2021: €11k
2022: €21k
2023: €23k
2019 → 2024
Total assets
€35k▼ 35.1%
2023 · €54k
2019: €107k
2020: €202k
2021: €220k
2022: €33k
2023: €54k
2019 → 2024
Net result
€-3k
2023 · €2k
2019: €8k
2020: €5k
2021: €-4k
2022: €10k
2023: €2k
2019 → 2024
Working capital
€20k▼ 14.2%
2023 · €23k
2019: €-17k
2020: €-5k
2021: €11k
2022: €21k
2023: €23k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€15k-€11k▼ 27.4%€21k▲ 93.8%€23k▲ 10.1%€21k▼ 11.4%
Operating result€9k-€-3k€16k€8k▼ 51.2%€395▼ 95.0%
Net result€5k-€-4k€10k€2k▼ 79.1%€-3k
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 two years in a row; 2024 is 95% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€655
Current assets
€35k
Equity and liabilities €35k
Equity
€21k▼ 11.4%
Debt
€15k▼ 53.0%
The debt ratio falls from 57.1% to 41.3%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
58.7%▲
2023 · 42.9%
Current ratio
2.37▲
2023 · 1.75
Quick ratio
2.37▲
2023 · 1.75
Debt / equity
0.70▼
2023 · 1.33
ROE
-12.8%▼
2023 · 9.2%
ROA
-7.5%▼
2023 · 3.9%
Debt
€15k▼
2023 · €31k
Debt ≤ 1 year
€15k▼
2023 · €31k
Income taxes
€3k▼
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€54k€35k▼
Fixed assets21/28-€655
Financial fixed assets28-€655
Current assets29/58€54k€35k▼
Amounts receivable within one year40/41€50k€31k▼
Trade receivables40€49k€31k▼
Other amounts receivable41€398€473▲
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€2k€36▼
Equity and liabilities
Total equity and liabilities10/49€54k€35k▼
Equity10/15€23k€21k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€21k€19k▼
Amounts payable17/49€31k€15k▼
Amounts payable within one year42/48€31k€15k▼
Trade debts44€2k€897▼
Suppliers440/4€2k€897▼
Taxes, remuneration and social security45€25k€12k▼
Taxes450/3€7k€9k▲
Remuneration and social security454/9€18k€3k▼
Other amounts payable47/48€3k€2k▼
Income statement
Code20232024
Gross operating margin9900€8k€395▼
Operating profit (loss)9901€8k€395▼
Financial charges65/66B€117€125▲
Recurring financial charges65€117€125▲
Profit (loss) for the period before taxes9903€8k€270▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€2k€-3k▼
Profit (loss) for the period to be appropriated9905€2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€19k▼
Profit (loss) brought forward from the previous period14P€19k€21k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.85
Current ratio from 1.05 to 2.85; short-term debt falls from €210k to €11k.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-4k ▼189%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
FAVERO DE LUCCA Ricardo
CurrentDirector · since 30-05-2024
30-05-2024
FAVERO DE LUCCA Ricardo: Appointed as Director
30-05-2024
DA CUNHA Jovenil: Resigned as Director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2019
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.
Alsembergsesteenweg 8421180 UkkelGround area
1,616 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
Parcel 21614E0126/00A002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROTIM
since 20192.295.813.717
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 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
HOUBEN PARACHEVEMENT
BE 1009.471.674
Neupré · Eq €21k
Frédéric COUVREUR et Jean-Pierre VAN ROBAEYS
BE 0451.262.806
Wavre · Eq €21k
DS BAT
BE 1008.072.203
Herstal · Eq €21k
MRM GEBOUW
BE 1021.550.253
Beersel · Eq €21k
ARCO
BE 0831.233.283
Kortrijk · Eq €21k
Of 7,247 companies in sector 43350 we hold annual accounts for 2,333. 1,752 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2019
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.