PROTOITURES
ActiveSummary
PROTOITURES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €626,291. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 2083 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
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 43, Specialised construction 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), Staff (FTE).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €9.9m | €9.2m | €8.5m | €8.9m | - | - |
| Turnover70 | €9.7m | €8.6m | €8.6m | €9.2m | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€55,433 | €526,126 | -€204,365 | -€360,943 | - | - |
| Other operating income74 | €84,379 | €58,701 | €123,568 | €100,148 | - | - |
| Non-recurring operating income76A | €106,699 | €2,712 | - | - | - | - |
| Operating charges60/66A | €9.7m | €9.1m | €8.3m | €8.3m | - | - |
| Goods for resale, raw materials and consumables60 | €7.5m | €7.3m | €6.4m | €6.3m | - | - |
| Purchases600/8 | €7.6m | €7.3m | €6.4m | €6.1m | - | - |
| Change in stocks: decrease (increase)609 | -€91,395 | €5,088 | €33,247 | €172,615 | - | - |
| Services and other goods61 | €836,017 | €811,504 | €734,418 | €785,548 | - | - |
| Remuneration, social security and pensions62 | €1.2m | €892,289 | €1.0m | €1.1m | €1.3m | ▲ 11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €109,487 | €96,315 | €81,263 | €85,275 | €96,281 | ▲ 12.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €43,424 | - | -€287 | - | -€35,237 | - |
| Other operating charges640/8 | €18,883 | €12,285 | €28,351 | €16,890 | €113,899 | ▲ 574% |
| Non-recurring operating charges66A | €37,863 | €13,509 | €2,686 | €4,780 | €4,316 | ▼ 9.7% |
| Gross operating margin9900 | - | - | - | - | €2.2m | - |
| Operating profit (loss)9901 | €132,802 | €87,009 | €213,785 | €605,922 | €751,034 | ▲ 23.9% |
| Financial income75/76B | €12,511 | €22,634 | €5,577 | €10,977 | €32,269 | ▲ 194% |
| Recurring financial income75 | €12,511 | €22,634 | €5,577 | €10,977 | €32,269 | ▲ 194% |
| Income from current assets751 | €16 | - | €999 | €59 | - | - |
| Other financial income752/9 | €12,495 | €22,634 | €4,578 | €10,918 | - | - |
| Financial charges65/66B | €87,410 | €91,613 | €125,804 | €122,600 | €74,033 | ▼ 39.6% |
| Recurring financial charges65 | €87,410 | €91,613 | €125,804 | €122,600 | €74,033 | ▼ 39.6% |
| Debt charges650 | €34,792 | €44,554 | €84,145 | €85,828 | - | - |
| Other financial charges652/9 | €52,618 | €47,059 | €41,659 | €36,772 | - | - |
| Profit (loss) for the period before taxes9903 | €57,903 | €18,030 | €93,558 | €494,299 | €709,270 | ▲ 43.5% |
| Income taxes67/77 | €368 | €5 | €585 | €887 | €82,979 | ▲ 9,255% |
| Taxes670/3 | €368 | €5 | €585 | €887 | - | - |
| Profit (loss) for the period9904 | €57,535 | €18,025 | €92,973 | €493,412 | €626,291 | ▲ 26.9% |
| Profit (loss) for the period to be appropriated9905 | €57,535 | €18,025 | €92,973 | €493,412 | €626,291 | ▲ 26.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.3m | €4.9m | €4.4m | €3.8m | €5.5m | ▲ 44.3% |
| Fixed assets21/28 | €1.2m | €1.0m | €952,374 | €1.0m | €1.1m | ▲ 5.7% |
| Intangible fixed assets21 | €632 | €484 | €2,411 | €2,799 | €1,894 | ▼ 32.3% |
| Tangible fixed assets22/27 | €662,555 | €579,832 | €572,499 | €508,660 | €571,129 | ▲ 12.3% |
| Land and buildings22 | €236,788 | €213,589 | €190,390 | €167,191 | €143,992 | ▼ 13.9% |
| Plant, machinery and equipment23 | €389,494 | €339,878 | €367,157 | €331,172 | €384,467 | ▲ 16.1% |
| Furniture and vehicles24 | €21,313 | €16,845 | €10,872 | €4,754 | €42,670 | ▲ 798% |
| Leasing and similar rights25 | €14,960 | €9,520 | €4,080 | €5,543 | - | - |
| Financial fixed assets28 | €510,779 | €420,359 | €377,464 | €536,121 | €534,281 | ▼ 0.3% |
| Other financial fixed assets284/8 | €510,779 | €420,359 | €377,464 | €536,121 | - | - |
| Shares284 | - | - | - | €52,500 | - | - |
| Amounts receivable and cash guarantees285/8 | €510,779 | €420,359 | €377,464 | €483,621 | - | - |
| Current assets29/58 | €4.1m | €3.9m | €3.5m | €2.7m | €4.4m | ▲ 59.0% |
| Stocks and contracts in progress3 | €1.6m | €2.1m | €1.8m | €1.3m | €1.6m | ▲ 22.7% |
| Stocks30/36 | €727,618 | €722,530 | €689,283 | €516,668 | €753,263 | ▲ 45.8% |
| Goods purchased for resale34 | €727,618 | €722,530 | €689,283 | €516,668 | - | - |
| Contracts in progress37 | €830,370 | €1.4m | €1.2m | €791,188 | €851,490 | ▲ 7.6% |
| Amounts receivable within one year40/41 | €1.9m | €1.7m | €1.2m | €1.2m | €2.5m | ▲ 116% |
| Trade receivables40 | €1.7m | €1.5m | €1.1m | €1.0m | €2.2m | ▲ 123% |
| Other amounts receivable41 | €171,259 | €128,858 | €164,185 | €174,538 | €310,191 | ▲ 77.7% |
| Cash at bank and in hand54/58 | €559,203 | €141,385 | €405,556 | €261,693 | €197,118 | ▼ 24.7% |
| Deferred charges and accrued income490/1 | €51,516 | €30,034 | - | €1,225 | €24,837 | ▲ 1,928% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.3m | €4.9m | €4.4m | €3.8m | €5.5m | ▲ 44.3% |
| Equity10/15 | €964,063 | €979,351 | €1.1m | €1.6m | €2.2m | ▲ 39.4% |
| Contributions10/11 | €112,600 | €112,600 | €112,600 | €112,600 | €112,600 | = |
| Capital10 | €112,600 | €112,600 | €112,600 | €112,600 | €112,600 | = |
| Issued capital100 | €112,600 | €112,600 | €112,600 | €112,600 | €112,600 | = |
| Reserves13 | €374,635 | €374,635 | €874,635 | €1.4m | €2.0m | ▲ 46.3% |
| Non-distributable reserves130/1 | €11,260 | €11,260 | €11,260 | €11,260 | €11,260 | = |
| Legal reserve130 | €11,260 | €11,260 | €11,260 | €11,260 | €11,260 | = |
| Distributable reserves133 | €363,375 | €363,375 | €863,375 | €1.4m | €2.0m | ▲ 46.7% |
| Profit (loss) carried forward14 | €456,800 | €474,825 | €67,798 | €61,209 | €50,875 | ▼ 16.9% |
| Investment grants15 | €20,028 | €17,291 | €14,556 | €11,820 | - | - |
| Amounts payable17/49 | €4.3m | €3.9m | €3.4m | €2.2m | €3.3m | ▲ 47.8% |
| Amounts payable after more than one year17 | €332,965 | €433,412 | €332,891 | €230,799 | €168,848 | ▼ 26.8% |
| Financial debts170/4 | €332,965 | €433,412 | €332,891 | €230,799 | €168,848 | ▼ 26.8% |
| Leasing and similar obligations172 | €8,506 | - | - | - | - | - |
| Credit institutions173 | €324,459 | €433,412 | €332,891 | €230,799 | - | - |
| Amounts payable within one year42/48 | €4.0m | €3.5m | €3.0m | €2.0m | €3.1m | ▲ 56.4% |
| Current portion of amounts payable after more than one year42 | €98,225 | €130,079 | €104,601 | €105,476 | €116,218 | ▲ 10.2% |
| Financial debts43 | €1.7m | €1.4m | €1.2m | €795,000 | €550,000 | ▼ 30.8% |
| Credit institutions430/8 | €1.7m | €1.4m | €1.2m | €795,000 | €550,000 | ▼ 30.8% |
| Trade debts44 | €1.9m | €1.7m | €1.4m | €897,749 | €2.1m | ▲ 130% |
| Suppliers440/4 | €1.9m | €1.7m | €1.4m | €897,749 | €2.1m | ▲ 130% |
| Advances received on contracts in progress46 | - | - | - | - | €200,000 | - |
| Taxes, remuneration and social security45 | €57,786 | €64,001 | €98,715 | €50,844 | €76,401 | ▲ 50.3% |
| Taxes450/3 | €2,920 | €368 | €4,347 | €493 | €494 | ▲ 0.2% |
| Remuneration and social security454/9 | €54,866 | €63,633 | €94,368 | €50,351 | €75,907 | ▲ 50.8% |
| Other amounts payable47/48 | €189,712 | €287,250 | €270,007 | €153,705 | €120,000 | ▼ 21.9% |
| Accrued charges and deferred income492/3 | €972 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,535 | €18,025 | €92,973 | €493,412 | €626,291 | ▲ 26.9% |
| + Depreciation and write-downs630 | €109,487 | €96,315 | €81,263 | €85,275 | €96,281 | ▲ 12.9% |
| Operating cash flow (approximation) | €167,022 | €114,340 | €174,236 | €578,687 | €722,572 | ▲ 24.9% |
| Investment in fixed assets (approximation) | - | €76,976 | -€32,962 | -€180,481 | -€156,005 | ▲ 13.6% |
| Change in cash | - | -€417,818 | €264,171 | -€143,863 | -€64,575 | ▲ 55.1% |
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
15-09
State Gazette act
General meeting · DemergerResignations: Oreste PIETRONIRO (director) and Rudy Leclercq (director) · Appointments: PIETRONIRO MANAGEMENT (director) and LECLERCQ CONSTRUCTION SERVICE (director) · Declaration90 facts ▸
- General meeting, 28-08-2026
- Demerger, scission partielle sans dissolution, scission partielle sans dissolution
- Declaration, connaissance du projet de scission, disponible sans frais avec les documents visés à l'article 12:64, §2 au moins un mois avant l'assemblée
- Declaration, aucune modification importante du patrimoine actif et passif depuis l'établissement du projet
- Other statement, unanimité, renonciation aux rapports de scission et de contrôle
- Share issue, unanimité, actions
- Asset distribution, 31-12-2025
- Asset distribution, 31-12-2025
- Other statement, contrats transférés, transfert notifié aux bailleurs, accord sollicité si requis
- Declaration, aucun membre du personnel affecté au patrimoine transféré, aucune reprise de contrat de travail
- Other statement, tableau récapitulatif de répartition, 1760280.91
- Capital decrease, €411.442,76
- +78 further facts in this act
24-06
State Gazette act
RestructuringDemerger · Capital · Shareholding19 facts ▸
- Board meeting, 16-06-2026
- Demerger, scission partielle par constitution d'une société nouvelle, Aucune soulte en espèces ne sera versée
- Other statement, activités et patrimoine actuels, immeuble d'exploitation sis rue d'Alleur 63 à 4000 Liège
- Other statement, motifs et objet de la scission, deux pôles obéissent à des logiques économiques,patrimoniales et stratégiques distinctes,clarifie la structure,facilite la gesti…
- Capital, €112.600
- Shareholding, 872, 1126
- Shareholding, 254, 1126
- Other statement, contrats transférés, WP1ZZZ044RDA64282
- Other statement, contrats transférés, WVGZZZE2ZMP041197
- Other statement, contrats transférés, Renault Master Red Edition
- Other statement, contrats location long terme véhicules, notification bailleurs
- Other statement, personnel
- +7 further facts in this act
Show earlier events
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 2 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 2
Permanent representatives 2
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62087B0168/00L008 | Wallonia | 5,482 m² | 1 · 1,836 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LECLERCQ CONSTRUCTION SERVICE |
|
| PIETRONIRO MANAGEMENT |
|
| Oreste PIETRONIRO |
|
| Rudy Leclercq |
|
Articles of association
Full text
Article 21. Représentation de la société Sans préjudice du pouvoir de représentation général de l'organe d'administration, la société sera valablement représentée à l'égard des tiers comme suit: 1. Si la société est administrée par un conseil d'administration, chaque administrateur représente seul la société à l'égard des tiers et en justice, soit en demandant, soit en défendant, ainsi qu'à tous actes et procurations, y compris ceux où intervient un fonctionnaire public ou un officier ministériel. 2. Si la société est administrée par un administrateur unique, tous les actes qui engagent la société, justice et dans tous les actes, sont valables s'ils sont signés par l'administrateur unique. en 3. Dans les limites de la gestion journalière, la société est également valablement représentée dans tous actes et en justice par la ou les personnes déléguées à cette gestion, qui agissent seules. 4. Ils ne doivent pas justifier de leurs pouvoirs vis-à-vis des tiers. 5. Le conseil d'administration ou l'administrateur unique peuvent conférer des mandats spéciaux à une ou plusieurs personnes. La société est valablement représentée par ces mandataires spéciaux dans les limites de leur mandat, sans préjudice de la responsabilité du conseil d'administration en cas de mandat excessif.
Full purpose (5 activities)
- La société a pour objet: l'entreprise en couverture non métallique de construction, d'étanchéité et de revêtement de construction par asphaltage et bitumage; le nettoyage de façade; l'entreprise de menuisier charpentier; l'entreprise en zinguerie et en couverture métallique de construction; achats, ventes, import, export, pour son compte ou pour le compte de tiers, ainsi que le placement de châssis, de fenêtres en aluminium, pvc et bois ou de tous autres éléments ou accessoires qui s'y rapportent.
- Elle peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société, liée ou non.
- Elle peut réaliser toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, ayant un rapport direct ou indirect avec son objet social ou de nature à en favoriser la réalisation et le développement.
- S'intéresser par voie d'apport, de souscription, de cession, de participation, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations et entreprises, tant en Belgique qu'à l'étranger.
- La société peut exercer la ou les fonctions d'administrateur, de gérant ou de liquidateur.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
50%
-
share not stated
According to the 2025 annual accounts of PROTOITURES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
Acquisitions and mergers
1 transactionCapital and shareholders
- Oreste PIETRONIRO 872 shares
- Rudy LECLERCQ 254 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 15-09-2026 Capital reduction of 411,442.76 EUR · “transmission de la branche d'activité immobilière et répartition des actions de la société bénéficiaire”
- 24-06-2026 Capital stated in the act · 112,600 EUR · 1,126 shares
Recognitions · licences · registrations
Recognised contractor
3 categoriesLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.