ACTIVE

PROTECT PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
37,2 k €
-28.2% YoY
Gross margin
65 k €
-26.5% YoY
Equity
-16,5 k €
+69.3% YoY

What does PROTECT PROJECTS do?

PROTECT PROJECTS is a Private limited company incorporated in 1997. Its registered office is in Haaltert.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.858.291
Incorporation
17/01/1997
Legal form
Private limited company
Registered office
Kerkskenveld(KE) 4
9451 Haaltert · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Gross margin65 k €88,4 k €37,2 k €32,5 k €48 k €71,6 k €52,5 k €11,1 k €14,5 k €11,5 k €-488,9 €10,4 k €-13,8 k €21,3 k €5,3 k €33 k €
EBITDA63,6 k €87 k €35,8 k €31,4 k €47 k €70,3 k €51 k €10,3 k €13,9 k €11 k €-1,3 k €-13 k €-38,4 k €-8 k €-25,7 k €-11,6 k €
Operating result53,5 k €76,6 k €22,4 k €22,2 k €33,2 k €59 k €35,7 k €10,3 k €13,9 k €11 k €-1,3 k €-14,4 k €-43 k €-10,7 k €-29,1 k €-15,8 k €
Net result37,2 k €51,9 k €13,8 k €14,2 k €23,6 k €46,4 k €27,7 k €10,2 k €13,8 k €11 k €-6,3 k €-17,1 k €-48,1 k €11,9 k €-31,6 k €-21,1 k €
Balance sheet
Equity-16,5 k €-53,7 k €-105,6 k €-119,4 k €-133,6 k €-200,2 k €-236,6 k €-249,3 k €-259,5 k €-273,3 k €-284,3 k €-290,4 k €-273,3 k €-225,2 k €-237,1 k €-205,5 k €
Total assets161,8 k €141,7 k €138,4 k €126,1 k €142,3 k €106,3 k €102,1 k €5,1 k €6,7 k €5,7 k €5,8 k €7 k €20,5 k €82,3 k €53,6 k €104,5 k €
Cash135,1 k €92,6 k €95,1 k €105,3 k €13,5 k €32,8 k €2,7 k €50,1 €1,7 k €2,3 k €2 k €418,1 €21,5 €881,2 €
Debts169,9 k €188,7 k €239,3 k €243,2 k €273,6 k €304 k €336,1 k €254,4 k €266,2 k €279 k €290,1 k €297,4 k €293,8 k €307,5 k €290,7 k €310 k €
Other
Workforce0,5 ETP1,6 ETP2,6 ETP3,3 ETP2,1 ETP
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 · 1 active · 3 ended

Active mandates

JEHAN PELEMAN

Manager · since 16 décembre 2016

Active

Ended mandates

JEHAN PELEMAN

Director · since 16 décembre 2016

Ended
JEHAN PELEMAN,

Director · since 16 décembre 2016

Ended
Michel Baert

Manager · since 15 janvier 1997

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202611/07/202509/07/202430/08/202330/08/202231/08/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202631/07/2026DutchPDF
Micro model31/12/202413/06/202511/07/2025DutchPDF
Micro model31/12/202314/06/202409/07/2024DutchPDF
Micro model31/12/202209/06/202330/08/2023DutchPDF
Micro model31/12/202110/06/202230/08/2022DutchPDF
Micro model31/12/202011/06/202131/08/2021DutchPDF
Abridged model31/12/201912/06/202001/09/2020DutchPDF
Abridged model31/12/201814/06/201929/08/2019DutchPDF
Abridged model31/12/201708/06/201828/08/2018DutchPDF
Abridged model30/09/201607/03/201730/05/2017DutchPDF
Abridged model30/09/201501/03/201622/03/2016DutchPDF
Abridged model30/09/201403/03/201509/03/2015DutchPDF
Abridged model30/09/201304/03/201420/03/2014DutchPDF
Abridged model30/09/201205/03/201325/04/2013DutchPDF
Abridged model30/09/201106/03/201213/03/2012DutchPDF
Abridged model30/09/201001/03/201125/03/2011DutchPDF
Abridged model30/09/200902/03/201025/03/2010DutchPDF
Abridged model30/09/200803/03/200902/07/2009DutchPDF
Abridged model30/09/200730/06/200823/07/2008DutchPDF
Abridged model30/09/200630/06/200823/07/2008DutchPDF
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 · 1 active · 3 ended

Active mandates

JEHAN PELEMAN

Manager · since 16 décembre 2016

Active

Ended mandates

JEHAN PELEMAN

Director · since 16 décembre 2016

Ended
JEHAN PELEMAN,

Director · since 16 décembre 2016

Ended
Michel Baert

Manager · since 15 janvier 1997

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/03/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Capital / shares17/04/2013
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN
    PDF
  • Registered office07/05/2012
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  1. 2025
    Annual accounts 202537,2 k €
  2. 2024
    Annual accounts 202451,9 k €
  3. 2023
    Annual accounts 202313,8 k €
  4. 2022
    Annual accounts 202214,2 k €
  5. 2021
    Annual accounts 202123,6 k €
  6. 2018
    Annual accounts 201846,4 k €
  7. 2017
    Annual accounts 201727,7 k €
  8. 2016
    Annual accounts 201610,2 k €
  9. 2016
    Name changePROTECT PROJECTS
  10. 2015
    Annual accounts 201513,8 k €
  11. 2014
    Annual accounts 201411 k €
  12. 2013
    Annual accounts 2013-6,3 k €
  13. 2012
    Annual accounts 2012-17,1 k €
  14. 2011
    Annual accounts 2011-48,1 k €
  15. 2010
    Annual accounts 201011,9 k €
  16. 2009
    Annual accounts 2009-31,6 k €
  17. 2008
    Annual accounts 2008-21,1 k €
  18. 2008
    Name changeSPIRIT
  19. 17/01/1997
    IncorporationPrivate limited company