VOCHTPROTECT
ActiveVOCHTPROTECT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €320k and a net result of €27k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 45% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+3
Solvency65▼-3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.73 in 2023; short-term debt: 49.8% and cash: 13.5% of total assets), but 60.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €320k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d late
2022
30 d late
2021
40 d early
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€320k▲ 9.1%
2023 · €293k
2018: €357k
2019: €357k
2020: €352k
2021: €164k
2022: €287k
2023: €293k
2018 → 2024
Total assets
€808k▲ 17.4%
2023 · €688k
2018: €450k
2019: €406k
2020: €439k
2021: €464k
2022: €616k
2023: €688k
2018 → 2024
Net result
€27k▲ 339%
2023 · €6k
2018: €8k
2019: €26
2020: €-6k
2021: €62k
2022: €123k
2023: €6k
2018 → 2024
Working capital
€270k▲ 5.3%
2023 · €256k
2018: €287k
2019: €312k
2020: €315k
2021: €162k
2022: €273k
2023: €256k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€352k-€164k▼ 53.5%€287k▲ 75.4%€293k▲ 2.1%€320k▲ 9.1%
Operating result€7k-€88k▲ 1,143%€167k▲ 90.8%€9k▼ 94.4%€39k▲ 314%
Net result€-6k-€62k€123k▲ 98.9%€6k▼ 95.1%€27k▲ 339%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 314% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €808k
Fixed assets
€136k▲ 70.4%
Current assets
€672k▲ 10.5%
Equity and liabilities €808k
Equity
€320k▲ 9.1%
Debt
€488k▲ 23.6%
The debt ratio rises from 57.4% to 60.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▲
2023 · €27k
Cash flow
€64k▲
2023 · €24k
Solvency
39.6%▼
2023 · 42.6%
Current ratio
1.67▼
2023 · 1.73
Quick ratio
1.61▼
2023 · 1.66
Debt / equity
1.53▲
2023 · 1.35
ROE
8.4%▲
2023 · 2.1%
ROA
3.3%▲
2023 · 0.9%
Interest coverage
8.37▼
2023 · 8.67
Debt
€488k▲
2023 · €395k
Debt ≤ 1 year
€403k▲
2023 · €352k
Debt > 1 year
€86k▲
2023 · €43k
Income taxes
€14k▲
2023 · €3k
Staff costs
€226k▲
2023 · €180k
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€688k€808k▲
Fixed assets21/28€80k€136k▲
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€70k€131k▲
Plant, machinery and equipment23€7k€10k▲
Furniture and vehicles24€8k€9k▲
Leasing and similar rights25€54k€112k▲
Current assets29/58€608k€672k▲
Stocks and contracts in progress3€24k€24k▲
Stocks30/36€24k€24k▲
Amounts receivable within one year40/41€434k€534k▲
Trade receivables40€144k€117k▼
Other amounts receivable41€289k€417k▲
Current investments50/53€0€4▲
Cash at bank and in hand54/58€144k€109k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€688k€808k▲
Equity10/15€293k€320k▲
Contributions10/11€19k€19k=
Reserves13€274k€301k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€273k€301k▲
Amounts payable17/49€395k€488k▲
Amounts payable after more than one year17€43k€86k▲
Financial debts170/4€43k€86k▲
Amounts payable within one year42/48€352k€403k▲
Current portion of amounts payable after more than one year42€12k€27k▲
Financial debts43€101k€927▼
Credit institutions430/8€101k€927▼
Trade debts44€196k€323k▲
Suppliers440/4€196k€323k▲
Taxes, remuneration and social security45€43k€51k▲
Taxes450/3€34k€11k▼
Remuneration and social security454/9€10k€40k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€180k€226k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€37k▲
Other operating charges640/8€962€3k▲
Gross operating margin9900€209k€304k▲
Operating profit (loss)9901€9k€39k▲
Financial income75/76B€3k€11k▲
Recurring financial income75€3k€11k▲
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€9k€40k▲
Income taxes67/77€3k€14k▲
Profit (loss) for the period9904€6k€27k▲
Profit (loss) for the period to be appropriated9905€6k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€27k▲
Transfer to equity691/2€6k€27k▲
To other reserves6921€6k€27k▲
Social balance
Average headcount (FTE)90875.05.9▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €123k ▲98.9%
Operating result €167k, net result €123k, both a record.
31-12
Financial
Equity above €200kEq €287k ▲75.4%
2 profitable years in a row build equity to €287k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-6k ▼23130%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Gent · 1 establishment unit since 1996
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.
Nieuwescheldestraat 1-39052 GentGround area
4,505 m²
Building footprint
428 m²
Volume, LiDAR
666 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VOCHTPROTECT
since 19962.076.061.405
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030B0339/00F002 | Flanders | 3,867 m² | 1 · 348 m² | 0.4 m |
| 44082B0246/00W000 | Flanders | 638 m² | 1 · 79 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2022 to 2025 · 4 entries · 5,356 EUR awarded · 4,216 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,259 EUR | 1,679 EUR |
| 2024 | 1 | 1,560 EUR | 0 EUR |
| 2023 | 1 | 152 EUR | 152 EUR |
| 2022 | 1 | 2,385 EUR | 2,385 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 1,793 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1996
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.