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PROTOSON

Active
Private limited companyfounded 20233 yrs activeKortrijksestraat 424, 8020 Oostkamp, BelgiumKBO/BCE: BE 0797.737.007
Summary

PROTOSON has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,317 and a net result of €19,928. Its solvency ranks better than 65% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency93▲+22
Growth78
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.99 against 1.93 in 2024; short-term debt: 31.5% and cash: 39.5% of total assets), and 31.8% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
68.2%
Return on assets
33.7%
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 26-06-2026, 35 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
35 d early
2024
1 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PROTOSON was incorporated on 27 January 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€40,317▲ 97.7%
2024 · €20,388
Total assets
€59,084▲ 34.2%
2024 · €44,038
Net result
€19,928▲ 29.5%
2024 · €15,388
Working capital
€37,074▲ 74.5%
2024 · €21,240
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€22,472-€26,353▲ 17.3%
Net result€15,388-€19,928▲ 29.5%
Equity€20,388-€40,317▲ 97.7%
Total assets€44,038-€59,084▲ 34.2%
Debt€23,650-€18,767▼ 20.6%
Working capital€21,240-€37,074▲ 74.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2024: €22,472€22,472Net result 2024: €15,388€15,388Operating result 2025: €26,353€26,353Net result 2025: €19,928€19,92820242025€0€10,000€20,000€30,000Operating result 2024: €22,472€22,500Net result 2024: €15,388€15,400Operating result 2025: €26,353€26,400Net result 2025: €19,928€19,90020242025
The operating result rises in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59,084
Fixed assets €3,403
Current assets €55,680
Equity and liabilities €59,084
Equity €40,317 ▲ 97.7%
Debt €18,767 ▼ 20.6%
Debt's share of the balance-sheet total falls from 53.7% to 31.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,998
Cash flow
€20,573
Current ratio
2.99▲
2024 · 1.93
Debt to equity
0.47▼
2024 · 1.16
ROE
49.4%▼
2024 · 75.5%
ROA
33.7%▼
2024 · 34.9%
Interest coverage
40.75
Debt ≤ 1 year
€18,607▼
2024 · €22,798
Income taxes
€5,766▲
2024 · €5,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€44,038€59,084▲
Fixed assets21/28-€3,403
Tangible fixed assets22/27-€3,403
Plant, machinery and equipment23-€1,162
Furniture and vehicles24-€2,241
Current assets29/58€44,038€55,680▲
Amounts receivable within one year40/41€15,282€32,342▲
Trade receivables40€15,004€29,729▲
Other amounts receivable41€278€2,614▲
Cash at bank and in hand54/58€28,756€23,338▼
Equity and liabilities
Total equity and liabilities10/49€44,038€59,084▲
Equity10/15€20,388€40,317▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€15,388€35,317▲
Amounts payable17/49€23,650€18,767▼
Amounts payable within one year42/48€22,798€18,607▼
Trade debts44€2,475€2,259▼
Suppliers440/4€2,475€2,259▼
Taxes, remuneration and social security45€8,169€5,766▼
Taxes450/3€8,169€5,766▼
Other amounts payable47/48€12,154€10,582▼
Accrued charges and deferred income492/3€852€160▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€645
Other operating charges640/8€390€320▼
Non-recurring operating charges66A-€6
Gross operating margin9900€22,863€27,323▲
Operating profit (loss)9901€22,472€26,353▲
Financial income75/76B€3€4▲
Recurring financial income75€3€4▲
Financial charges65/66B€1,579€662▼
Recurring financial charges65€1,579€662▼
Profit (loss) for the period before taxes9903€20,896€25,694▲
Income taxes67/77€5,508€5,766▲
Profit (loss) for the period9904€15,388€19,928▲
Profit (loss) for the period to be appropriated9905€15,388€19,928▲
Appropriation of the result
Profit (loss) to be appropriated9906€15,388€35,317▲
Profit (loss) brought forward from the previous period14P-€15,388

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€645-
Other operating charges640/8€390€320▼ 18.1%
Non-recurring operating charges66A-€6-
Gross operating margin9900€22,863€27,323▲ 19.5%
Operating profit (loss)9901€22,472€26,353▲ 17.3%
Financial income75/76B€3€4▲ 41.8%
Recurring financial income75€3€4▲ 41.8%
Financial charges65/66B€1,579€662▼ 58.0%
Recurring financial charges65€1,579€662▼ 58.0%
Profit (loss) for the period before taxes9903€20,896€25,694▲ 23.0%
Income taxes67/77€5,508€5,766▲ 4.7%
Profit (loss) for the period9904€15,388€19,928▲ 29.5%
Profit (loss) for the period to be appropriated9905€15,388€19,928▲ 29.5%
Line20242025Change
Assets
Total assets20/58€44,038€59,084▲ 34.2%
Fixed assets21/28-€3,403-
Tangible fixed assets22/27-€3,403-
Plant, machinery and equipment23-€1,162-
Furniture and vehicles24-€2,241-
Current assets29/58€44,038€55,680▲ 26.4%
Amounts receivable within one year40/41€15,282€32,342▲ 112%
Trade receivables40€15,004€29,729▲ 98.1%
Other amounts receivable41€278€2,614▲ 841%
Cash at bank and in hand54/58€28,756€23,338▼ 18.8%
Equity and liabilities
Total equity and liabilities10/49€44,038€59,084▲ 34.2%
Equity10/15€20,388€40,317▲ 97.7%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€15,388€35,317▲ 130%
Amounts payable17/49€23,650€18,767▼ 20.6%
Amounts payable within one year42/48€22,798€18,607▼ 18.4%
Trade debts44€2,475€2,259▼ 8.7%
Suppliers440/4€2,475€2,259▼ 8.7%
Taxes, remuneration and social security45€8,169€5,766▼ 29.4%
Taxes450/3€8,169€5,766▼ 29.4%
Other amounts payable47/48€12,154€10,582▼ 12.9%
Accrued charges and deferred income492/3€852€160▼ 81.2%
Line20242025Change
Profit (loss) for the period9904€15,388€19,928▲ 29.5%
+ Depreciation and write-downs630-€645-
Operating cash flow (approximation)€15,388€20,573▲ 33.7%
Change in cash--€5,418-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Oostkamp · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,171 m²
Building footprint
395 m²
Volume, LiDAR
1,244 m³
Parcel 31037C0553/00L000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PROTOSON
Kortrijksestraat 424, 8020 OostkampReal estate development
since 20232.340.857.250
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31037C0553/00L000 Flanders 2,170 m² 1 · 395 m² 6.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 3,008 EUR awarded · 3,235 EUR paid
Year Entries awardedpaid
2025 1 2,198 EUR1,766 EUR
2024 1 810 EUR810 EUR
2023 1 0 EUR659 EUR
Schemes
3 entries · 3,008 EUR · 3,235 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 5,180 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
Founded27-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
64210Activities of holding companies
Contact
E-mail michiel@christiaens-bouw.beOostkamp
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797737007
Also 9925:BE0797737007
Registered 02-09-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.