PETER VERSTUYF/HI-TECH-PROTECTION
ActiveSummary
PETER VERSTUYF/HI-TECH-PROTECTION has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €383k and a net result of €99k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+59
Solvency46▲+7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.81 in 2024; short-term debt: 34% and cash: 0.9% of total assets), and 79.2% 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 · 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
20.8%
Return on assets
5.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 22%
← weakest
strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
7 d early
2022
13 d early
2021
61 d late
2020
86 d late
2019
66 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€383k▲ 35.0%
2024 · €284k
2018: €583k
2019: €536k
2020: €460k
2021: €355k
2022: €500k
2023: €523k
2024: €284k
2018 → 2025
Total assets
€1.84M▼ 10.4%
2024 · €2.06M
2018: €1.79M
2019: €1.96M
2020: €2.11M
2021: €1.71M
2022: €1.93M
2023: €1.89M
2024: €2.06M
2018 → 2025
Net result
€99k
2024 · €-239k
2018: €37k
2019: €-47k
2020: €-76k
2021: €-105k
2022: €145k
2023: €23k
2024: €-239k
2018 → 2025
Working capital
€67k
2024 · €-216k
2018: €154k
2019: €76k
2020: €-63k
2021: €-185k
2022: €-110k
2023: €-195k
2024: €-216k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€355k-€500k▲ 40.8%€523k▲ 4.6%€284k▼ 45.7%€383k▲ 35.0%
Operating result€-54k-€202k€83k▼ 58.9%€-166k€150k
Net result€-105k-€145k€23k▼ 84.1%€-239k€99k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €150k after a loss of €166k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.84M
Fixed assets
€1.15M ▲ 1.5%
Current assets
€694k ▼ 24.9%
Equity and liabilities €1.84M
Equity
€383k ▲ 35.0%
Debt
€1.46M ▼ 17.7%
Debt's share of the balance-sheet total falls from 86.2% to 79.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€246k▲
2024 · €-81k
Cash flow
€195k▲
2024 · €-154k
Current ratio
1.11▲
2024 · 0.81
Quick ratio
0.95▲
2024 · 0.73
Debt to equity
3.81▼
2024 · 6.24
ROE
25.9%▲
2024 · -84.3%
ROA
5.4%▲
2024 · -11.6%
Interest coverage
4.47▲
2024 · -1.73
Debt ≤ 1 year
€627k▼
2024 · €1.14M
Debt > 1 year
€819k▲
2024 · €625k
Income taxes
€-4k▼
2024 · €5k
Staff costs
€200k▲
2024 · €183k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.06M€1.84M▼
Fixed assets21/28€1.13M€1.15M▲
Tangible fixed assets22/27€1.13M€1.15M▲
Land and buildings22€896k€865k▼
Plant, machinery and equipment23€185k€245k▲
Furniture and vehicles24€50k€39k▼
Financial fixed assets28€137€75▼
Current assets29/58€925k€694k▼
Stocks and contracts in progress3€88k€98k▲
Stocks30/36€36k€65k▲
Contracts in progress37€52k€34k▼
Amounts receivable within one year40/41€598k€578k▼
Trade receivables40€588k€573k▼
Other amounts receivable41€10k€5k▼
Cash at bank and in hand54/58€237k€17k▼
Deferred charges and accrued income490/1€2k€572▼
Equity and liabilities
Total equity and liabilities10/49€2.06M€1.84M▼
Equity10/15€284k€383k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€375k€375k=
Reserves13€74k€74k=
Tax-exempt reserves132€35k€35k=
Distributable reserves133€39k€39k=
Profit (loss) carried forward14€-184k€-84k▲
Amounts payable17/49€1.77M€1.46M▼
Amounts payable after more than one year17€625k€819k▲
Financial debts170/4€625k€819k▲
Amounts payable within one year42/48€1.14M€627k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€1.09M€483k▼
Suppliers440/4€1.09M€483k▼
Taxes, remuneration and social security45€25k€33k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€19k€25k▲
Other amounts payable47/48€11k€100k▲
Accrued charges and deferred income492/3€7k€14k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€183k€200k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€96k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k€5k▼
Other operating charges640/8€23k€31k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€152k€486k▲
Operating profit (loss)9901€-166k€150k▲
Financial income75/76B€3€3▼
Recurring financial income75€3€3▼
Non-recurring financial income76B€0-
Financial charges65/66B€68k€55k▼
Recurring financial charges65€47k€55k▲
Non-recurring financial charges66B€21k-
Profit (loss) for the period before taxes9903€-234k€95k▲
Income taxes67/77€5k€-4k▼
Profit (loss) for the period9904€-239k€99k▲
Profit (loss) for the period to be appropriated9905€-239k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-184k€-84k▲
Profit (loss) brought forward from the previous period14P€56k€-184k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (15 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
25-03
State Gazette act
Resignation: DC ADVISORY BV (director)Permanent representatives: Dominique Charlier, Wouter Pauwels and Nicolas Lippens · Appointment: WP CONSULTING BV (director) · Director discharge9 facts ▸
State Gazette act
Resignation: DC ADVISORY BV (director)
Permanent representatives: Dominique Charlier, Wouter Pauwels and Nicolas Lippens · Appointment: WP CONSULTING BV (director) · Director discharge9 facts ▸
- Sole-shareholder decision, 26/02/2026
- Director resignation, DC ADVISORY BV (director)
- Director discharge, DC ADVISORY BV
- Permanent representative, Dominique Charlier
- Director appointment, WP CONSULTING BV (director)
- Mandate compensation, WP CONSULTING BV
- Permanent representative, Wouter Pauwels
- Permanent representative, Nicolas Lippens
- Power of attorney, Deloitte Legal - Lawyers BV
2025
31-12
Financial
Back to profitnet €99k
Net result €99k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-239k ▼1138%
Net result drops to €-239k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €145k
Net result €145k after 3 loss-making years.
31-12
Financial
Equity above €500kEq €500k ▲40.8%
Equity rises from €355k to €500k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
WP CONSULTING
CurrentDirector · since 26-02-2026 · Private limited company · perm. rep.: Wouter Pauwels
26-02-2026
WP CONSULTING: Appointed as Director
26-02-2026
DC Advisory: Resigned as Director
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2001
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.
Stekelhoek 39910 AalterGround area
6,754 m²
Building footprint
3,102 m²
Volume, LiDAR
27,534 m³
Parcel 44029C0762/00A000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hi-Tech-Protection
since 20012.095.445.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029C0762/00A000 | Flanders | 6,753 m² | 1 · 3,102 m² | 12.2 m · 3 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.
Structure & network
Connections & network
10 connected companiesLinked via shared directors
Shared corporate director
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Shared corporate director
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Show 6 more companies with a shared director
Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 1,663 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
Founded09-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
25530Machining of metals
43310Plastering work
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.