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Complete company report
Generated 10-08-2026
Active BE 0477.695.306Public limited company

PROTEQ

Pathoekeweg 15 ·8000 Brugge, Belgium· 24 yrs active
Sector: Wholesale trade (46423)
Conclusion Checked

The computed 12-month bankruptcy probability of PROTEQ is 0.3% (very low). The 2024 annual accounts show equity of €3.52M and a net result of €192k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 963 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €3.52M
Net result €192k
Staff (FTE) 1.9
Better than sector 92%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health86Profitability27Solvency100Growth52Stability100
73 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 86
Profitability 27
Solvency 100
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.3% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Lower-risk legal form −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
86 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · verkort
€0€200k€400k€600kOperating result 2021: €584k€584kNet result 2021: €377k€377kOperating result 2022: €157k€157kNet result 2022: €51k€51kOperating result 2022: €91k€91kNet result 2022: €42k€42kOperating result 2023: €646k€646kNet result 2023: €483k€483kOperating result 2024: €253k€253kNet result 2024: €192k€192k20212022202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~10.3%/year over 6 fiscal years, indicative, assuming unchanged policy.
€2.00M€3.00M€4.00M€5.00M2025: €3.89M (€3.61M - €4.17M)2026: €4.29M (€4.01M - €4.57M)2027: €4.73M (€4.45M - €5.02M)2019: €2.16M2020: €2.38M2021: €2.76M2022: €2.81M2023: €3.33M2024: €3.52M201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 86.1% 27.4%
better than 92% of 963 sector peers
Net result €192k €24k
better than 81% of 963 sector peers
Equity €3.52M €172k
better than 95% of 963 sector peers
Gross operating margin €398k €174k
better than 70% of 961 sector peers
Staff costs €113k €166k
higher than 38% of 594 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€272k
-59.2% 19-24
Net profit
€192k
-60.3% 19-24
Cash flow
€211k
-58.0% 19-24
Total assets
€4.09M
+11.2% 19-24
Equity
€3.52M
+5.8% 19-24
Working capital
€3.46M
+6.5% 19-24
Employees (FTE)
2
-47.2% 19-24
Staff costs
€113k
+63.4% 19-24
Income taxes
€66k
-59.8% 19-24
Debt
€571k
+63.0% 19-24
Debt ≤ 1y
€570k
+62.9% 19-24
Debt > 1y
€270k
- 19-24
Current ratio
7.06
-31.2% 19-24
Quick ratio
3.96
-25.7% 19-24
Solvency
86.1%
-4.9% 19-24
Debt / equity
0.16
+54.2% 19-24
ROE
5.4%
-62.5% 19-24
ROA
4.7%
-64.3% 19-24
Interest coverage
13.16
-57.3% 19-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€272k
Net profit€192k
Cash flow€211k
Staff costs€113k
Income taxes€66k
Dividends-
Total assets€4.09M
Equity€3.52M
Debt€571k
of which ≤ 1y€570k
of which > 1y-
Working capital€3.46M
Employees (FTE)1.9
Ratios (computed)
2024
Current ratio7.06
Quick ratio3.96
Working capital ratio84.4%
Solvency86.1%
Debt / equity0.16
Long-term debt ratio-
Interest coverage13.16
Gross margin-
Net margin-
ROA4.7%
ROE5.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€4.09M
Fixed assets 21/28€69k
Tangible fixed assets 22/27€69k
Current assets 29/58€4.03M
Stocks & contracts in progress 3€1.77M
Amounts receivable within one year 40/41€2.25M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.09M
Equity 10/15€3.52M
Contributions / capital 10/11€663k
Reserves 13€2.86M
Amounts payable 17/49€571k
Amounts payable within one year 42/48€570k
Trade debts payable within one year 44€544k
Income statement
Gross operating margin 9900€398k
Operating result 9901€253k
Financial income 75€26k
Financial charges 65€21k
Result before taxes 9903€257k
Income taxes 67/77€66k
Net result for the period 9904€192k
Result to be appropriated 9905€192k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 16 directors
Current directors & mandates
  • LACOSY BVLegal entity
    Director
    State Gazette act 25115640 (15-09-2025)
    Current
    15-09-2025 → present
  • O'Tentic BVLegal entity
    Director
    State Gazette act 23059708 (04-05-2023)
    Current
    04-05-2023 → present
    2 events
    • 04-05-2023 Appointed· Director
    • 04-05-2023 Appointed· Managing director
  • PGMS NVLegal entity
    Director
    State Gazette act 22043472 (05-04-2022)
    Current
    05-04-2022 → present
  • Stefaan Le Clair
    Director
    State Gazette act 21039925 (31-03-2021)
    Current
    31-03-2021 → present
    2 events
    • 31-03-2021 Appointed· Director
    • 31-03-2021 Appointed· Managing director
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Ma.Ge.Co Europe BVBALegal entity
    Director
    State Gazette act 17180797 (27-12-2017)
    Not recently confirmed
    last confirmed in an act from 2017
  • Steam Management BVBALegal entity
    Managing director
    State Gazette act 17180797 (27-12-2017)
    Not recently confirmed
    last confirmed in an act from 2017
Former directors (10)
  • Arborati BVLegal entity
    Director
    State Gazette act 23059708 (04-05-2023)
    Former
    04-05-2023 → 15-09-2025
    2 events
    • 15-09-2025 Resigned· Director
    • 04-05-2023 Appointed· Director
  • Berenike Global Fashion Management BVLegal entity
    Director
    State Gazette act 23059708 (04-05-2023)
    Former
    - → 04-05-2023
    2 events
    • 04-05-2023 Resigned· Director
    • 04-05-2023 Resigned· Managing director
  • Amélie Derere
    Director
    State Gazette act 22043472 (05-04-2022)
    Former
    - → 05-04-2022
    2 events
    • 05-04-2022 Resigned· Director
    • 05-04-2022 Resigned· Managing director
  • Dirk Leermakers
    Director
    State Gazette act 21042541 (08-04-2021)
    Former
    08-04-2021 → 05-04-2022
    2 events
    • 05-04-2022 Resigned· Director
    • 08-04-2021 Appointed· Director
  • Steam Management BVLegal entity
    Managing director
    State Gazette act 21024370 (24-02-2021)
    Former
    - → 24-02-2021
  • Stefan Van Ende
    Director
    State Gazette act 21024370 (24-02-2021)
    Former
    - → 24-02-2021
  • Derere Amelie
    Managing director
    State Gazette act 17180797 (27-12-2017)
    Former
    27-12-2017 → 24-02-2020
    2 events
    • 24-02-2020 Resigned· Managing director
    • 27-12-2017 Appointed· Managing director
  • Lanslots Marc
    Director
    State Gazette act 15150230 (23-10-2015)
    Former
    - → 23-10-2015
    2 events
    • 23-10-2015 Resigned· Director
    • 23-10-2015 Resigned· Persoon belast met dagelijks bestuur
  • Dejongh Antonius
    Managing director
    State Gazette act 07017029 (29-01-2007)
    Former
    - → 29-01-2007
  • Dejongh Josephus
    Director
    State Gazette act 07017029 (29-01-2007)
    Former
    - → 29-01-2007
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor 2 auditor
Statutory auditor IRE/IBR number Tenure
Ernst & Young Bedrijfsrevisoren BVCurrent
Statutory auditor
 - 15-09-2025 → present
J. Vande Moortel & C° Bedrijfsrevisoren BV
Statutory auditor
succeeded by Ernst & Young Bedrijfsrevisoren BV in 2025
 - 18-01-2021 → 15-09-2025
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
NACE primary Wholesale trade(46423)
Legal form Public limited company(014)
Incorporation05-06-2002
StatusActive
Postal code8000
Establishment units 1 location
Pathoekeweg 15, 8000 Brugge
de groothandel in kledingaccessoires, zoals handschoenen, dassen en ceinturen, paraplu's
since 20022.096.149.808
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31807I0459/00N010 Flanders 9,274 m² 1 · 6,406 m² 15.6 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 24 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
15-09-2025
State Gazette act Director changes
v3.2
30-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
20-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
05-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
04-05-2023
State Gazette act Director changes
v3.2
2022
06-10-2022
NBB filing Annual accounts filed
fiscal year 2022 · verkort
28-09-2022
State Gazette act Statutes amendment
v3.2
05-04-2022
State Gazette act Director changes
v3.2
2021
20-09-2021
NBB filing Annual accounts filed
fiscal year 2021 · verkort
08-04-2021
State Gazette act Director changes
v3.2
31-03-2021
State Gazette act Director changes
v3.2
24-02-2021
State Gazette act Director changes
v3.2
18-01-2021
State Gazette act Director changes
v3.2
2020
09-10-2020
NBB filing Annual accounts filed
fiscal year 2020 · verkort
24-02-2020
State Gazette act Director changes
v3.2
2019
30-09-2019
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2018
19-09-2018
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2017
27-12-2017
State Gazette act Director changes
v3.2
22-09-2017
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2016
04-08-2016
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2015
23-10-2015
State Gazette act Director changes
v3.2
28-07-2015
State Gazette act Registered-office change
Notaris niet vermeld
02-02-2015
State Gazette act Statutes amendment
v3.2
2007
29-01-2007
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 14 acts
Address history · 1
28-07-2015
Registered-office move
All acts · 14 updated 10 months ago
2025
15-09-2025 2 directors appointed, 1 resigning Director changes
  • LACOSY BV, Bestuurder
  • Ernst & Young Bedrijfsrevisoren BV, Commissaris
  • ARBORATI BV, Bestuurder
Summary: v3.2
Technical details 
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2023
04-05-2023 3 directors appointed, 2 resigning Director changes
  • O'Tentic BV, Bestuurder
  • Arborati BV, Bestuurder
  • O'Tentic BV, Gedelegeerd bestuurder
  • Berenike Global Fashion Management BV, Bestuurder
  • Berenike Global Fashion Management BV, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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      }
    },
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    {
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2022
28-09-2022 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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05-04-2022 1 director appointed, 3 resigning Director changes
  • PGMS NV, Bestuurder
  • Amélie Derere, Bestuurder
  • Dirk Leermakers, Bestuurder
  • Amélie Derere, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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2021
08-04-2021 Dirk Leermakers appointed as director Director changes
  • Dirk Leermakers, Bestuurder
Summary: v3.2
Technical details 
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31-03-2021 2 directors appointed Director changes
  • Stefaan Le Clair, Bestuurder
  • Stefaan Le Clair, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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24-02-2021 2 resigning Director changes
  • Stefan Van Ende, Bestuurder
  • Steam Management BV, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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18-01-2021 J. Vande Moortel & C° Bedrijfsrevisoren BV appointed as statutory auditor Director changes
  • J. Vande Moortel & C° Bedrijfsrevisoren BV, Commissaris
Summary: v3.2
Technical details 
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2020
24-02-2020 Derere Amelie resigns as managing director Director changes
  • Derere Amelie, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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  "subject_company": {
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}
2017
27-12-2017 3 directors appointed Director changes
  • Ma.Ge.Co Europe BVBA, Bestuurder
  • Derere Amelie, Gedelegeerd bestuurder
  • Steam Management BVBA, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
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      }
    },
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        "name": "Derere Amelie",
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    {
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      "role": "gedelegeerd bestuurder",
      "person": {
        "rrn": null,
        "name": "Steam Management BVBA",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0477.695.306",
    "name_full": "Proteq"
  }
}
2015
23-10-2015 2 resigning Director changes
  • Lanslots Marc, Bestuurder
  • Lanslots Marc, Persoon belast met dagelijks bestuur
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Lanslots Marc",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "persoon belast met dagelijks bestuur",
      "person": {
        "rrn": null,
        "name": "Lanslots Marc",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0477.695.306",
    "name_full": "Proteq"
  }
}
28-07-2015 Registered office moved from Kalmthout to Brugge Registered-office change·Notaris niet vermeld
  • Helleven 8, 2920 Kalmthout → Pathoekeweg 15, 8000 Brugge
Notary: Notaris niet vermeld · Antwerpen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Pathoekeweg 15, 8000 Brugge",
        "city": "Brugge",
        "region": "vlaams_gewest",
        "street": "Pathoekeweg",
        "country": "BE",
        "postcode": "8000",
        "box_number": null,
        "street_number": "15",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Helleven 8, 2920 Kalmthout",
        "city": "Kalmthout",
        "region": "vlaams_gewest",
        "street": "Helleven",
        "country": "BE",
        "postcode": "2920",
        "box_number": null,
        "street_number": "8",
        "locality_suffix": null
      },
      "effective_date": "2015-07-13",
      "evidence_quote": "met eenparigheid van stemmen werd beslist om de maatschappelijke zetel van de vennootschap met ingang vanaf 13 juli 2015 te verplaatsen van Helleven 8, 2920 Kalmthout naar Pathoekeweg 15, 8000 Brugge.",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Notaris niet vermeld",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2015-07-28",
    "filing_date": "2015-07-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2015-07-01",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0477.695.306",
    "name_full": "PROTEQ MONITIUR BELGE",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "De heer Van Ende Stefan",
    "org_rep_person_name": null,
    "person_role_at_subject": "vertegenwoordigd door zaakvoerder"
  },
  "co_filed_documents": [
    "Verslag van de bijzondere algemene vergadering",
    "Akte van de bijzondere algemene vergadering",
    "Kopie van de notari\u00EBle akte"
  ]
}
02-02-2015 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "name_change": {
    "new": "",
    "old": "",
    "changed": false
  },
  "seat_change": {
    "changed": false
  },
  "object_change": {
    "changed": false
  },
  "subject_company": {
    "kbo": "0477.695.306",
    "name_full": "PROTEQ"
  },
  "legal_form_change": {
    "new": "naamloze vennootschap",
    "old": "naamloze vennootschap",
    "changed": false
  }
}
2007
29-01-2007 2 resigning Director changes
  • Dejongh Josephus, Bestuurder
  • Dejongh Antonius, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Dejongh Josephus",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_out",
      "role": "gedelegeerd bestuurder",
      "person": {
        "rrn": null,
        "name": "Dejongh Antonius",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0477.695.306",
    "name_full": "Proteq"
  }
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Groothandel in kleding, met uitzondering van werk- en onderkleding46423Groothandel in kleding, met uitzondering van werk- en onderkleding46423Groothandel in kleding, kledingtoebehoren en bontartikelen51421Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur46431Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur46431Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur51430
Primary activity highlighted.
Names & trade names
Legal nameNL PROTEQ
Registered office
Pathoekeweg 15
8000 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative