ACTIVE

PROTIME

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Financial year 2025 · closed on 31/12/2025

Net result

2,4 M €

-34.0% YoY

Revenue

53,9 M €

+5.9% YoY

Equity

15,9 M €

+6.0% YoY

Workforce

321,5 ETP

+3.9% YoY

What does PROTIME do?

PROTIME is a Public limited company incorporated in 1995. Its main activity is: Computer programming activities. Its registered office is in Mechelen. It employs on average 321,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.218.138

Incorporation

12/01/1995

Legal form

Public limited company

Registered office

Bautersemstraat 68 box a
2800 Mechelen · FlandreSee on map

Contributed capital

2 431 219,17 €

Latest accounts

31/12/2025

Average workforce

321,5 ETP

Activities (NACE)

62010Computer programming activities· main 62090Other information technology and computer service activities 62100Computer programming, consultancy and related activities 62900Computer programming, consultancy and related activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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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
Revenue	53,9 M €	+5.9%	50,9 M €	+12.8%	45,1 M €	+19.7%	37,7 M €	+15.1%	32,7 M €	+13.3%	28,9 M €	+7.0%	27 M €	+11.9%	24,1 M €	+10.6%	21,8 M €	+20.2%	18,1 M €	+15.6%	15,7 M €	+9.4%	14,3 M €	+16.3%	12,3 M €	+11.8%	11 M €	+13.6%	9,7 M €	+10.8%	8,8 M €	+11.6%	7,9 M €	-4.7%	8,3 M €	+16.7%	7,1 M €	+12.3%	6,3 M €
EBITDA	7,7 M €	+0.8%	7,6 M €	-12.5%	8,7 M €	+9.2%	8 M €	+4.5%	7,6 M €	+15.9%	6,6 M €	+6.4%	6,2 M €	+17.3%	5,3 M €	+3.0%	5,1 M €	+41.4%	3,6 M €	-0.7%	3,6 M €	-16.3%	4,3 M €	+35.3%	3,2 M €	+3.3%	3,1 M €	+3.5%	3 M €	+60.3%	1,9 M €	+15.8%	1,6 M €	-23.5%	2,1 M €	+50.6%	1,4 M €	-0.2%	1,4 M €
Operating result	2,7 M €	-17.2%	3,2 M €	+21.5%	2,6 M €	-42.9%	4,6 M €	-4.6%	4,9 M €	+16.4%	4,2 M €	-7.0%	4,5 M €	+9.1%	4,1 M €	+6.2%	3,9 M €	+50.7%	2,6 M €	-5.1%	2,7 M €	-24.4%	3,6 M €	+38.1%	2,6 M €	+3.0%	2,5 M €	+9.7%	2,3 M €	+110%	1,1 M €	+4.7%	1 M €	-36.9%	1,7 M €	+38.6%	1,2 M €	-3.7%	1,2 M €
Net result	2,4 M €	-34.0%	3,6 M €	+135%	1,6 M €	-65.0%	4,4 M €	-0.7%	4,5 M €	+6.3%	4,2 M €	+4.7%	4 M €	-4.2%	4,2 M €	+37.4%	3,1 M €	+51.7%	2 M €	-9.4%	2,2 M €	-14.7%	2,6 M €	+35.6%	1,9 M €	-4.3%	2 M €	+12.3%	1,8 M €	+164%	676,1 k €	-13.7%	783,2 k €	-28.0%	1,1 M €	+95.5%	556,4 k €	-35.7%	865,8 k €
Balance sheet
Equity	15,9 M €	+6.0%	15 M €	+32.2%	11,3 M €	+15.9%	9,8 M €	+33.3%	7,3 M €	+6.9%	6,9 M €	+4.4%	6,6 M €	+4.0%	6,3 M €	+9.0%	5,8 M €	+22.2%	4,7 M €	-11.6%	5,4 M €	+70.6%	3,1 M €	-11.3%	3,5 M €	-16.2%	4,2 M €	+12.1%	3,8 M €	+1.2%	3,7 M €	-7.4%	4 M €	+6.1%	3,8 M €	+102%	1,9 M €	+0.1%	1,9 M €
Total assets	36,3 M €	-5.9%	38,5 M €	+11.1%	34,7 M €	+38.8%	25 M €	+28.0%	19,5 M €	+13.4%	17,2 M €	+8.7%	15,8 M €	+14.0%	13,9 M €	+23.1%	11,3 M €	+12.4%	10 M €	+14.1%	8,8 M €	+10.8%	7,9 M €	+8.1%	7,3 M €	+2.0%	7,2 M €	-1.4%	7,3 M €	+14.1%	6,4 M €	-5.6%	6,8 M €	-6.7%	7,3 M €	+73.5%	4,2 M €	+4.5%	4 M €
Cash	977,4 k €	-26.6%	1,3 M €	+387%	273,7 k €	-73.0%	1 M €	-32.0%	1,5 M €	+176%	540,1 k €	-10.9%	606,3 k €	-18.1%	740 k €	-35.3%	1,1 M €	+72.3%	663,7 k €	+20.3%	551,9 k €	+64.2%	336,1 k €	-37.0%	533,2 k €	-50.2%	1,1 M €	-17.3%	1,3 M €	+124%	578 k €	-45.1%	1,1 M €	+56.2%	674,3 k €	+17.2%	575,3 k €	+106%	279,1 k €
Debts	17,8 M €	-19.8%	22,2 M €	+2.4%	21,7 M €	+56.8%	13,8 M €	+24.7%	11,1 M €	+16.9%	9,5 M €	+9.3%	8,7 M €	+19.0%	7,3 M €	+40.9%	5,2 M €	+1.6%	5,1 M €	+54.3%	3,3 M €	-29.5%	4,7 M €	+25.5%	3,7 M €	+30.9%	2,9 M €	-17.8%	3,5 M €	+40.3%	2,5 M €	+2.2%	2,4 M €	+9.8%	2,2 M €	+73.3%	1,3 M €	+10.8%	1,1 M €
Other
Workforce	321,5 ETP	+3.9%	309,5 ETP	+13.3%	273,1 ETP	+9.2%	250,0 ETP	+12.3%	222,7 ETP	+15.1%	193,4 ETP	+6.4%	181,7 ETP	+18.2%	153,7 ETP	+15.2%	133,4 ETP	+16.1%	114,9 ETP	+28.1%	89,7 ETP	+22.5%	73,2 ETP	+17.9%	62,1 ETP	+9.3%	56,8 ETP	+11.2%	51,1 ETP	+2.6%	49,8 ETP	-6.7%	53,4 ETP	+8.1%	49,4 ETP	+10.5%	44,7 ETP	+18.6%	37,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 66 ended

Active mandates

Vawijs

Managing director · since 01 octobre 2025 · until 12 mai 2028 · 0789.301.470

Represented by Jan Albert Van Autreve

Active

CATALYSTA INC

Director · since 10 mai 2025 · until 12 mai 2028 · 1022.391.975

Represented by Gille Sebrechts

Active

ELLEZÉ

Director · since 10 mai 2024 · until 12 mai 2028 · 0877.610.369

Represented by Jakob Verdonck

Active

Gille Sebrechts

Managing director · since 01 janvier 2023 · until 10 mai 2025

Active

Nadine Aerts

Director · since 01 janvier 2023 · until 10 mai 2025

Active

Ended mandates

SJONGERS

Chairman of the board of directors · since 10 mai 2024 · until 31 décembre 2024 · 0644.969.034

Represented by Peter 's Jongers

Ended

Gille Sebrechts

Managing director · since 01 janvier 2023 · until 12 mai 2028

Ended

Nadine Aerts

Director · since 01 janvier 2023 · until 12 mai 2028

Ended

Burroughs bv BO

Director · since 29 mai 2020 · until 01 janvier 2023

Represented by Lukas Dirk Polman

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	19/05/2026	15/05/2025	06/06/2024	09/06/2023	25/07/2022	08/06/2021
General meeting	08/05/2026	09/05/2025	10/05/2024	12/05/2023	03/06/2022	04/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/05/2026	19/05/2026	Dutch	PDF
Full model	31/12/2024	09/05/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	10/05/2024	06/06/2024	Dutch	PDF
Full model	31/12/2022	12/05/2023	09/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	25/07/2022	Dutch	PDF
Full model	31/12/2020	04/06/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	29/05/2020	30/07/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	12/05/2017	28/06/2017	Dutch	PDF
Full model	31/12/2015	13/05/2016	24/06/2016	Dutch	PDF
Full model	31/12/2014	22/05/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	13/06/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	11/05/2012	07/06/2012	Dutch	PDF
Full model	31/12/2010	06/05/2011	09/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	26/06/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	23/06/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 5 active · 66 ended

Active mandates

Vawijs

Managing director · since 01 octobre 2025 · until 12 mai 2028 · 0789.301.470

Represented by Jan Albert Van Autreve

Active

CATALYSTA INC

Director · since 10 mai 2025 · until 12 mai 2028 · 1022.391.975

Represented by Gille Sebrechts

Active

ELLEZÉ

Director · since 10 mai 2024 · until 12 mai 2028 · 0877.610.369

Represented by Jakob Verdonck

Active

Gille Sebrechts

Managing director · since 01 janvier 2023 · until 10 mai 2025

Active

Nadine Aerts

Director · since 01 janvier 2023 · until 10 mai 2025

Active

Ended mandates

SJONGERS

Chairman of the board of directors · since 10 mai 2024 · until 31 décembre 2024 · 0644.969.034

Represented by Peter 's Jongers

Ended

Gille Sebrechts

Managing director · since 01 janvier 2023 · until 12 mai 2028

Ended

Nadine Aerts

Director · since 01 janvier 2023 · until 12 mai 2028

Ended

Burroughs bv BO

Director · since 29 mai 2020 · until 01 janvier 2023

Represented by Lukas Dirk Polman

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2022
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 20252,4 M €↓
2024
Annual accounts 20243,6 M €↑
2023
Annual accounts 20231,6 M €↓
2022
Annual accounts 20224,4 M €↓
2021
Annual accounts 20214,5 M €↑
2020
Annual accounts 20204,2 M €↑
2019
Annual accounts 20194 M €↓
2018
Annual accounts 20184,2 M €↑
2017
Annual accounts 20173,1 M €↑
2016
Annual accounts 20162 M €↓
2015
Annual accounts 20152,2 M €↓
2014
Annual accounts 20142,6 M €↑
2013
Annual accounts 20131,9 M €↓
2012
Annual accounts 20122 M €↑
2011
Annual accounts 20111,8 M €↑
2010
Annual accounts 2010676,1 k €↓
2009
Annual accounts 2009783,2 k €↓
2008
Annual accounts 20081,1 M €↑
2007
Annual accounts 2007556,4 k €↓
2006
Annual accounts 2006865,8 k €
12/01/1995
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

PROTIME

Overview

What does PROTIME 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