sd proteco
Activesd proteco has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €481k and a net result of €221k. Equity is growing by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 3446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 6.4 in 2024), and 21.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
78.4%
Return on assets
36.1%
Age of the figures
8 mo
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
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
30 d late
2023
9 d late
2022
25 d late
2021
15 d late
2020
31 d late
2019
31 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€481k▲ 61.0%
2024 · €299k
2018: €51k
2019: €70k
2020: €95k
2021: €123k
2022: €97k
2023: €172k
2024: €299k
2018 → 2025
Total assets
€613k▲ 62.6%
2024 · €377k
2018: €98k
2019: €194k
2020: €198k
2021: €218k
2022: €130k
2023: €279k
2024: €377k
2018 → 2025
Net result
€221k▲ 74.7%
2024 · €127k
2018: €19k
2019: €20k
2020: €24k
2021: €29k
2022: €-27k
2023: €76k
2024: €127k
2018 → 2025
Working capital
€361k▲ 37.0%
2024 · €263k
2018: €39k
2019: €46k
2020: €61k
2021: €84k
2022: €67k
2023: €135k
2024: €263k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€97k▼ 21.7%€172k▲ 78.3%€299k▲ 73.5%€481k▲ 61.0%
Operating result€40k-€-26k€101k€183k▲ 81.7%€322k▲ 75.7%
Net result€29k-€-27k€76k€127k▲ 67.4%€221k▲ 74.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 76% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €613k
Fixed assets
€133k▲ 105%
Current assets
€480k▲ 53.9%
Equity and liabilities €613k
Equity
€481k▲ 61.0%
Debt
€132k▲ 68.9%
The debt ratio rises from 20.8% to 21.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€344k▲
2024 · €204k
Cash flow
€243k▲
2024 · €147k
Solvency
78.4%▼
2024 · 79.2%
Current ratio
4.02▼
2024 · 6.40
Quick ratio
4.02▼
2024 · 6.34
Debt / equity
0.27▲
2024 · 0.26
ROE
46.0%▲
2024 · 42.4%
ROA
36.1%▲
2024 · 33.6%
Interest coverage
199.91▲
2024 · 75.64
Debt
€132k▲
2024 · €78k
Debt ≤ 1 year
€119k▲
2024 · €49k
Debt > 1 year
€12k▼
2024 · €27k
Income taxes
€99k▲
2024 · €54k
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€377k€613k▲
Fixed assets21/28€65k€133k▲
Tangible fixed assets22/27€65k€133k▲
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€58k€127k▲
Current assets29/58€312k€480k▲
Stocks and contracts in progress3€3k-
Stocks30/36€3k-
Amounts receivable within one year40/41€162k€225k▲
Trade receivables40€113k€201k▲
Other amounts receivable41€49k€24k▼
Current investments50/53€2k€45k▲
Cash at bank and in hand54/58€142k€205k▲
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€377k€613k▲
Equity10/15€299k€481k▲
Contributions10/11€6k€6k=
Reserves13€292k€475k▲
Distributable reserves133€292k€475k▲
Amounts payable17/49€78k€132k▲
Amounts payable after more than one year17€27k€12k▼
Financial debts170/4€27k€12k▼
Amounts payable within one year42/48€49k€119k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€28k€75k▲
Taxes450/3€23k€68k▲
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48€881€21k▲
Accrued charges and deferred income492/3€2k€806▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€681€400▼
Gross operating margin9900€204k€344k▲
Operating profit (loss)9901€183k€322k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€181k€320k▲
Income taxes67/77€54k€99k▲
Profit (loss) for the period9904€127k€221k▲
Profit (loss) for the period to be appropriated9905€127k€221k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€221k▲
Transfer from equity791/2-€39k
Transfer to equity691/2€127k€221k▲
To other reserves6921€127k€221k▲
Profit to be distributed694/7-€39k
Return on contributions (dividend)694-€39k
The notes to these accounts (8 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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €221k ▲74.7%
Operating result €322k, net result €221k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 6.40
Current ratio from 3.11 to 6.40; short-term debt falls from €64k to €49k.
31-12
Financial
Equity above €200kEq €299k ▲73.5%
2 profitable years in a row build equity to €299k.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
31-12
Financial
Equity above €150kEq €172k ▲78.3%
Equity rises from €97k to €172k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-27k ▼194%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
31-12
Financial
Equity above €100kEq €123k ▲30.1%
4 profitable years in a row build equity to €123k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
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, Keerbergen · 1 establishment unit since 2008
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.
Patrijzendreef 163140 KeerbergenGround area
4,267 m²
Building footprint
312 m²
Volume, LiDAR
2,205 m³
Parcel 24472F0292/00L000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Patrijzendreef 16, 3140 Keerbergen
since 20082.174.997.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472F0292/00L000 | Flanders | 4,267 m² | 1 · 312 m² | 11.7 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.
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Of 4,546 companies in sector 74999 we hold annual accounts for 1,933. 1,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2008
Fiscal year end31-12
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.