ACTIVE

Protec Belgium

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Financial year 2025 · closed on 31/12/2025

Net result

5,7 M €

+4230.7% YoY

Gross margin

38,6 k €

-70.1% YoY

Equity

406,4 k €

-58.8% YoY

What does Protec Belgium do?

Protec Belgium is a Public limited company incorporated in 1971. Its registered office is in Forest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0408.121.857

Incorporation

23/02/1971

Legal form

Public limited company

Registered office

Boulevard de l'Humanité 415
1190 Forest · BruxellesSee on map

Contributed capital

198 314,82 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	38,6 k €	-70.1%	129,1 k €	-22.5%	166,5 k €	+51.5%	109,9 k €	-1.0%	111 k €	-17.7%	134,9 k €	-1.9%	137,4 k €	+15.5%	118,9 k €	-0.4%	119,5 k €	+3.5%	115,4 k €	-2.5%	118,4 k €	-22.8%	153,3 k €	+22.2%	125,4 k €	-2.4%	128,6 k €	-14.7%	150,7 k €	+9.9%	137,1 k €	-12.4%	156,5 k €	+13.7%	137,6 k €	-18.5%	168,7 k €	+14.1%	147,9 k €
EBITDA	9,5 k €	-90.0%	94,9 k €	-29.9%	135,4 k €	+63.0%	83,1 k €	-2.8%	85,5 k €	-23.0%	111 k €	+4.5%	106,2 k €	+11.3%	95,4 k €	-1.0%	96,4 k €	+3.7%	93 k €	-3.8%	96,6 k €	-21.5%	123,1 k €	+27.9%	96,3 k €	-3.3%	99,6 k €	-18.9%	122,8 k €	+12.5%	109,2 k €	-15.5%	129,3 k €	+16.2%	111,3 k €	-22.1%	143 k €	+15.9%	123,4 k €
Operating result	-169,1 k €	-86.8%	-90,5 k €	-280%	50,3 k €	+814%	-7 k €	-212%	6,3 k €	-83.2%	37,4 k €	+12.5%	33,3 k €	+40.8%	23,6 k €	-23.8%	31 k €	+23.2%	25,2 k €	-27.9%	34,9 k €	-50.9%	71,1 k €	+27.9%	55,6 k €	-24.7%	73,8 k €	-27.9%	102,3 k €	+25.0%	81,8 k €	-16.6%	98,2 k €	+20.3%	81,6 k €	-28.6%	114,3 k €	+30.4%	87,7 k €
Net result	5,7 M €	+4231%	-137,3 k €	-324%	61,2 k €	+325%	14,4 k €	+49.1%	9,7 k €	-72.2%	34,8 k €	+2.9%	33,9 k €	+27.0%	26,6 k €	-37.6%	42,7 k €	+5.4%	40,5 k €	-62.8%	109 k €	+179%	39,1 k €	+24.0%	31,5 k €	-19.8%	39,3 k €	-32.1%	57,9 k €	-0.8%	58,4 k €	+10.3%	52,9 k €	+86.1%	28,4 k €	-55.4%	63,7 k €	+13.3%	56,3 k €
Balance sheet
Equity	406,4 k €	-58.8%	987,3 k €	-12.2%	1,1 M €	+1.9%	1,1 M €	-1.8%	1,1 M €	+0.9%	1,1 M €	-4.3%	1,2 M €	+0.1%	1,2 M €	+0.0%	1,2 M €	+0.2%	1,2 M €	+0.0%	1,2 M €	+6.3%	1,1 M €	+3.7%	1,1 M €	+3.1%	1 M €	+4.0%	982 k €	+6.3%	924,1 k €	+5.1%	879,1 k €	+5.6%	832,8 k €	+1.8%	817,7 k €	+6.6%	767,3 k €
Total assets	10,6 M €	+104%	5,2 M €	+214%	1,7 M €	+12.5%	1,5 M €	-4.5%	1,5 M €	-4.1%	1,6 M €	-0.4%	1,6 M €	+2.7%	1,6 M €	-6.2%	1,7 M €	+2.9%	1,6 M €	+16.0%	1,4 M €	-2.2%	1,4 M €	+8.1%	1,3 M €	+10.8%	1,2 M €	-3.3%	1,2 M €	+10.2%	1,1 M €	+0.5%	1,1 M €	-0.5%	1,1 M €	-4.0%	1,2 M €	+1.7%	1,2 M €
Cash	4,1 M €	+473%	720,4 k €	+6633%	10,7 k €	-73.0%	39,6 k €	-47.5%	75,4 k €	+7.4%	70,2 k €	+666%	9,2 k €	+63.3%	5,6 k €	-69.9%	18,6 k €	+39.1%	13,4 k €	+46.7%	9,1 k €	-6.4%	9,7 k €	+0.8%	9,7 k €	-37.3%	15,4 k €	-64.4%	43,3 k €	+122%	19,5 k €	+149%	7,8 k €	-37.9%	12,6 k €	-70.1%	42,2 k €	+240%	12,4 k €
Debts	8,5 M €	+258%	2,4 M €	+362%	514 k €	+38.4%	371,4 k €	-11.5%	419,7 k €	-15.2%	495,1 k €	+9.7%	451,4 k €	+10.2%	409,6 k €	-20.2%	513,3 k €	+9.6%	468,4 k €	+92.2%	243,7 k €	-29.3%	344,9 k €	+24.9%	276,2 k €	+54.9%	178,3 k €	-31.0%	258,3 k €	+28.3%	201,4 k €	-16.3%	240,7 k €	-17.3%	291,1 k €	-17.1%	351,1 k €	-7.8%	380,8 k €
Other
Workforce	–		–		–		–		–		–		–		–		0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP	0.0%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

BENOIT DEGRAEVE

Director · since 26 mai 2021 · until 25 mai 2027

Active

Pauline DEGRAEVE

Director · since 26 mai 2021 · until 25 mai 2027

Active

ADNCO

Managing director · since 13 janvier 2021 · until 12 juin 2027 · 0631.985.385

Represented by ANDRE DEGRAEVE

Active

Ended mandates

ADNCO

Managing director · since 13 juin 2021 · until 12 juin 2027 · 0631.985.385

Represented by ANDRE DEGRAEVE

Ended

ADNCO

Managing director · since 13 juin 2021 · until 12 juin 2027 · 0631.985.385

Represented by André DEGRAEVE

Ended

Benoit DEGRAEVE

Director · since 26 mai 2021 · until 26 mai 2027

Ended

Pauline DEGRAEVE

Director · since 26 mai 2021 · until 26 mai 2027

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2026	07/08/2025	06/09/2024	22/08/2023	09/08/2022	30/08/2021
General meeting	25/05/2026	30/06/2025	27/05/2024	29/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/05/2026	15/07/2026	French	PDF
Micro model	31/12/2024	30/06/2025	07/08/2025	French	PDF
Micro model	31/12/2023	27/05/2024	06/09/2024	French	PDF
Micro model	31/12/2022	29/05/2023	22/08/2023	French	PDF
Micro model	31/12/2021	30/05/2022	09/08/2022	French	PDF
Micro model	31/12/2020	31/05/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	25/05/2020	14/08/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	28/05/2018	29/06/2018	French	PDF
Abridged model	31/12/2016	22/05/2017	19/07/2017	French	PDF
Abridged model	31/12/2015	23/05/2016	21/06/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	02/06/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	24/06/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	19/06/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	12/06/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	24/06/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	25/05/2009	24/06/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	13/06/2008	French	PDF
Abridged model	31/12/2006	28/05/2007	22/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

BENOIT DEGRAEVE

Director · since 26 mai 2021 · until 25 mai 2027

Active

Pauline DEGRAEVE

Director · since 26 mai 2021 · until 25 mai 2027

Active

ADNCO

Managing director · since 13 janvier 2021 · until 12 juin 2027 · 0631.985.385

Represented by ANDRE DEGRAEVE

Active

Ended mandates

ADNCO

Managing director · since 13 juin 2021 · until 12 juin 2027 · 0631.985.385

Represented by ANDRE DEGRAEVE

Ended

ADNCO

Managing director · since 13 juin 2021 · until 12 juin 2027 · 0631.985.385

Represented by André DEGRAEVE

Ended

Benoit DEGRAEVE

Director · since 26 mai 2021 · until 26 mai 2027

Ended

Pauline DEGRAEVE

Director · since 26 mai 2021 · until 26 mai 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares13/07/2015
CAPITAL, ACTIONS
PDF
Mandates13/07/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/02/2012
CAPITAL, ACTIONS
PDF
Mandates20/07/2009
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20255,7 M €↑
2024
Annual accounts 2024-137,3 k €↓
2024
Name changePROTEC
2023
Annual accounts 202361,2 k €↑
2022
Annual accounts 202214,4 k €↑
2021
Annual accounts 20219,7 k €↓
2021
Name changePROTEC BELGIUM
2020
Annual accounts 202034,8 k €↑
2019
Annual accounts 201933,9 k €↑
2018
Annual accounts 201826,6 k €↓
2017
Annual accounts 201742,7 k €↑
2016
Annual accounts 201640,5 k €↓
2015
Annual accounts 2015109 k €↑
2014
Annual accounts 201439,1 k €↑
2013
Annual accounts 201331,5 k €↓
2012
Annual accounts 201239,3 k €↓
2011
Annual accounts 201157,9 k €↓
2010
Annual accounts 201058,4 k €↑
2009
Annual accounts 200952,9 k €↑
2008
Annual accounts 200828,4 k €↓
2007
Annual accounts 200763,7 k €↑
2006
Annual accounts 200656,3 k €
23/02/1971
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Protec Belgium

Overview

What does Protec Belgium do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline