ACTIVE

PROTECTOR

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Financial year 2025 · closed on 31/12/2025

Net result

49 k €

+1367.1% YoY

Gross margin

115,6 k €

-8.5% YoY

Equity

58,2 k €

+528.0% YoY

What does PROTECTOR do?

PROTECTOR is a Public limited company incorporated in 1989. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.940.737

Incorporation

10/11/1989

Legal form

Public limited company

Registered office

Dirk Martensstraat 12
8200 Brugge · FlandreSee on map

Contributed capital

275 000,00 €

Latest accounts

31/12/2025

Contacts

2 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	115,6 k €	-8.5%	126,3 k €	-5.8%	134 k €	+24.0%	108,1 k €	+1.8%	106,2 k €	+80.8%	58,7 k €	+8.5%	54,1 k €	+36.8%	39,5 k €	-49.1%	77,6 k €	-69.7%	255,8 k €	+322%	60,6 k €	+30.8%	46,3 k €	-3.4%	48 k €	+7.0%	44,8 k €	+1.2%	44,3 k €	+2.7%	43,2 k €	-8.4%	47,1 k €	+78.1%	26,5 k €
EBITDA	105 k €	+59.7%	65,8 k €	+122%	-298,1 k €	-746%	46,2 k €	+132%	-142,6 k €	-7.6%	-132,5 k €	-397%	44,6 k €	+30.2%	34,3 k €	-52.2%	71,7 k €	-72.0%	255,8 k €	+388%	52,4 k €	+15.0%	45,6 k €	+3.5%	44,1 k €	+7.4%	41 k €	+1.6%	40,4 k €	+2.3%	39,5 k €	-9.4%	43,5 k €	+89.5%	23 k €
Operating result	55 k €	-16.3%	65,8 k €	+121%	-315 k €	-1178%	29,2 k €	+118%	-159,6 k €	-20.4%	-132,5 k €	-397%	44,6 k €	+30.2%	34,3 k €	+2.4%	33,5 k €	-84.6%	217,5 k €	+1110%	-21,5 k €	+68.5%	-68,4 k €	-429%	-12,9 k €	+19.1%	-16 k €	+3.8%	-16,6 k €	-17.2%	-14,2 k €	-149%	29,1 k €	+240%	8,6 k €
Net result	49 k €	+1367%	3,3 k €	-93.0%	47,8 k €	+188%	16,6 k €	+110%	-172,2 k €	-75.3%	-98,3 k €	-384%	34,7 k €	+292%	-18,1 k €	+52.4%	-37,9 k €	-118%	214,6 k €	+697%	-35,9 k €	+67.9%	-112,1 k €	-388%	-23 k €	+24.3%	-30,4 k €	+3.2%	-31,4 k €	-9.7%	-28,6 k €	-339%	12 k €	+353%	-4,7 k €
Balance sheet
Equity	58,2 k €	+528%	9,3 k €	+56.2%	5,9 k €	+114%	-41,9 k €	+28.4%	-58,4 k €	-151%	113,8 k €	-46.3%	212,1 k €	+19.5%	177,4 k €	-9.2%	195,5 k €	-16.3%	233,4 k €	+58.6%	147,2 k €	-19.6%	183,1 k €	-38.0%	295,2 k €	-7.2%	318,2 k €	-8.7%	348,6 k €	-8.3%	380 k €	+665%	49,7 k €	+31.8%	37,7 k €
Total assets	377,4 k €	+2.3%	368,8 k €	+16.7%	316,1 k €	-54.4%	692,7 k €	+11.2%	623,1 k €	+10.8%	562,5 k €	-20.8%	709,9 k €	+5.2%	674,7 k €	+0.1%	674,1 k €	-1.6%	685,1 k €	-33.9%	1 M €	-1.6%	1,1 M €	+98.5%	530,4 k €	-7.3%	572 k €	-11.6%	647,1 k €	-7.1%	696,8 k €	+80.0%	387 k €	+21.3%	319,1 k €
Cash	227,3 k €	+3.9%	218,8 k €	+31.7%	166,1 k €	+8.0%	153,8 k €	+134%	65,8 k €	+82.6%	36 k €	-83.5%	218 k €	+7.7%	202,3 k €	-13.1%	232,7 k €	+40.7%	165,4 k €	+320%	39,4 k €	+3725%	1 k €	-63.3%	2,8 k €	-45.0%	5,1 k €	+5.1%	4,9 k €		–		2,8 k €	+3614%	75 €
Debts	69,1 k €	-56.7%	159,6 k €	-0.4%	160,2 k €	-39.0%	262,4 k €	+1.2%	259,3 k €	-1.2%	262,6 k €	-44.1%	469,7 k €	-5.5%	497,1 k €	+3.9%	478,6 k €	+6.0%	451,7 k €	-49.2%	888,6 k €	+2.2%	869,6 k €	+280%	229,1 k €	-7.8%	248,5 k €	-15.6%	294,6 k €	-6.7%	315,9 k €	-6.3%	337,2 k €	+19.9%	281,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Puckpardoes Beheer BV

Managing director

Represented by Tijssen Ronald

Active

Ronald Tijssen

Director

Active

Ended mandates

Puckpardoes Beheer BV

Director · since 08 avril 2021

Represented by Ronald Tijssen

Ended

Hilde Claeys

Managing director · since 21 septembre 2016 · until 31 mars 2020

Ended

Hilde Claeys

Managing director · since 21 septembre 2016 · until 30 juin 2020

Ended

Hilde Claeys

Managing director · since 21 septembre 2016 · until 21 septembre 2021

Ended

At this address

Other companies at this address

Company	CBE no.
BIO OIL RECYCLING● Active	0465.868.927

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	02/07/2026	09/09/2025	28/08/2024	09/08/2023	29/08/2022	28/12/2021
General meeting	28/05/2026	30/06/2025	30/05/2024	25/05/2023	26/05/2022	30/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/05/2026	02/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	09/09/2025	Dutch	PDF
Micro model	31/12/2023	30/05/2024	28/08/2024	Dutch	PDF
Micro model	31/12/2022	25/05/2023	09/08/2023	Dutch	PDF
Micro model	31/12/2021	26/05/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	28/12/2021	Dutch	PDF
Abridged modelCorrection	31/12/2019	30/06/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/10/2019	14/10/2019	Dutch	PDF
Abridged model	31/12/2017	21/09/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/09/2017	02/10/2017	Dutch	PDF
Abridged model	31/12/2013	14/03/2015	08/05/2015	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	28/09/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	06/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	04/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	22/09/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	18/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 21 ended

Active mandates

Puckpardoes Beheer BV

Managing director

Represented by Tijssen Ronald

Active

Ronald Tijssen

Director

Active

Ended mandates

Puckpardoes Beheer BV

Director · since 08 avril 2021

Represented by Ronald Tijssen

Ended

Hilde Claeys

Managing director · since 21 septembre 2016 · until 31 mars 2020

Ended

Hilde Claeys

Managing director · since 21 septembre 2016 · until 30 juin 2020

Ended

Hilde Claeys

Managing director · since 21 septembre 2016 · until 21 septembre 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/04/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2008
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/12/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2004
ONTSLAGEN - BENOEMINGEN
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 202549 k €↑
2024
Annual accounts 20243,3 k €↓
2023
Annual accounts 202347,8 k €↑
2022
Annual accounts 202216,6 k €↑
2021
Annual accounts 2021-172,2 k €↓
2020
Annual accounts 2020-98,3 k €↓
2019
Annual accounts 201934,7 k €↑
2018
Annual accounts 2018-18,1 k €↑
2017
Annual accounts 2017-37,9 k €↓
2016
Annual accounts 2016214,6 k €↑
2013
Annual accounts 2013-35,9 k €↑
2012
Annual accounts 2012-112,1 k €↓
2011
Annual accounts 2011-23 k €↑
2010
Annual accounts 2010-30,4 k €↑
2009
Annual accounts 2009-31,4 k €↓
2008
Annual accounts 2008-28,6 k €↓
2007
Annual accounts 200712 k €↑
2006
Annual accounts 2006-4,7 k €
10/11/1989
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

PROTECTOR

Overview

What does PROTECTOR do?

Trend over 18 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