sd proteco
ActiveSummary
sd 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 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 6.4 in 2024; short-term debt: 19.5% and cash: 33.4% of total assets), and 21.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
9 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 →
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 monthsPosition in the running window
25-09-2026 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 result in the available series.
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%
Debt's share of the balance-sheet total rises from 20.8% to 21.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€344k▲
2024 · €204k
Cash flow
€243k▲
2024 · €147k
Current ratio
4.02▼
2024 · 6.40
Debt to 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 ≤ 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 to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
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
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.
Show earlier events
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.
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, Keerbergen · 1 establishment unit since 2008
Ground 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.
Recognitions · licences · registrations
Legal Entity Identifier
69940037XHFNAT420J63
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Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 1,197 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
63920Other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.