ACTIVE

ProtonW.be

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-615,8 k €

-1326.5% YoY

Gross margin

-7,6 k €

+88.9% YoY

Equity

243,1 k €

-71.7% YoY

What does ProtonW.be do?

ProtonW.be is a Private limited company incorporated in 2018. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Charleroi.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0713.654.140

Incorporation

19/11/2018

Legal form

Private limited company

Registered office

Rue Clément Ader 10
6041 Charleroi · WallonieSee on map

Contributed capital

1 040 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

72101Research and experimental development on natural sciences and engineering· main 72110Research and experimental development on biotechnology 72109Research and experimental development on natural sciences and engineering 72190Other research and experimental development on natural sciences and engineering

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Gross margin	-7,6 k €	+88.9%	-69 k €	-166%	-26 k €	-158%	-10,1 k €	+48.1%	-19,4 k €	-7.7%	-18 k €	+74.7%	-71,2 k €
EBITDA	-27,2 k €	+60.6%	-69 k €	-166%	-26 k €	-158%	-10,1 k €	+48.1%	-19,4 k €	-7.7%	-18 k €	+74.8%	-71,4 k €
Operating result	-27,2 k €	+60.6%	-69 k €	-166%	-26 k €	-158%	-10,1 k €	+48.1%	-19,4 k €	-7.7%	-18 k €	+74.8%	-71,4 k €
Net result	-615,8 k €	-1326%	-43,2 k €	-142%	-17,8 k €	-78.1%	-10 k €	+48.2%	-19,3 k €	+0.6%	-19,4 k €	+72.8%	-71,4 k €
Balance sheet
Equity	243,1 k €	-71.7%	858,9 k €	-4.8%	902 k €	-1.9%	919,8 k €	-1.1%	929,8 k €	-2.0%	949,1 k €	-2.0%	968,6 k €
Total assets	1,3 M €	+43.3%	886 k €	-4.2%	925,1 k €	-7.7%	1 M €	-5.9%	1,1 M €	-4.0%	1,1 M €	-5.4%	1,2 M €
Cash	711,9 k €	-12.6%	814,3 k €	-9.8%	902,6 k €	-9.6%	998,4 k €	-5.8%	1,1 M €	-4.3%	1,1 M €	-2.9%	1,1 M €
Debts	1 M €	+3686%	27,1 k €	+17.5%	23,1 k €	-71.9%	82 k €	-35.7%	127,5 k €	-20.2%	159,8 k €	-21.5%	203,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

Michel Coulon

Director · since 18 janvier 2023

Active

Philippe Mettens

Director · since 18 janvier 2023

Active

VENTURE COACHING

Director · since 14 novembre 2018 · 0480.168.905

Represented by Rudi CLOOTS

Active

Carine MICHIELS

Director · since 13 novembre 2018

Active

Ended mandates

Frédéric Flamand

Director · since 18 janvier 2023 · until 28 juin 2024

Ended

Frédéric Flamand

Director · since 18 janvier 2023

Ended

Marc De Paoli

Director · since 18 janvier 2023 · until 28 juin 2024

Ended

Marc De Paoli

Director · since 18 janvier 2023

Ended

At this address

Other companies at this address

Company	CBE no.
2 Bridge WL● Active	1003.906.745
3D Fibroscreen● Active	1022.772.354
AdipoPharma Belgique● Active	1008.146.338
ATRYON BELGIUM● Active	0751.698.530
Brussels South Charleroi BioPark Dev● Active	0479.250.670
ConvEyXo● Active	0725.874.259
CONVEYXO GROUP● Active	1016.957.797
ELKEDONIA BELGIUM● Active	1021.635.177
ENDO TOOLS THERAPEUTICS● Active	0807.570.233
Enodia Therapeutics Belgium● Active	1039.324.811
EU BIOTECH CAMPUS● Active	0776.668.706
Exo-Harvest● Active	0803.425.264
Hemastatx● Active	1019.406.058
Immunofusion● Active	0804.563.629
ImmunXperts● Active	0552.755.587
INCHINN THERAPEUTICS● Active	0799.914.755
INSTAR BELGIQUE● Active	1039.395.085
KOKUMA● Active	0799.078.377
LYS MEDICAL● Active	0688.626.061
MILEUTIS● Active	1011.400.984

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	31/07/2026	10/07/2025	30/07/2024	21/08/2023	30/09/2022	06/12/2021
General meeting	22/06/2026	27/06/2025	13/06/2024	08/06/2023	09/06/2022	10/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	22/06/2026	31/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	10/07/2025	French	PDF
Micro model	31/12/2023	13/06/2024	30/07/2024	French	PDF
Micro model	31/12/2022	08/06/2023	21/08/2023	French	PDF
Micro model	31/12/2021	09/06/2022	30/09/2022	French	PDF
Micro model	31/12/2020	10/06/2021	06/12/2021	French	PDF
Micro model	31/12/2019	16/06/2020	30/10/2020	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 4 active · 23 ended

Active mandates

Michel Coulon

Director · since 18 janvier 2023

Active

Philippe Mettens

Director · since 18 janvier 2023

Active

VENTURE COACHING

Director · since 14 novembre 2018 · 0480.168.905

Represented by Rudi CLOOTS

Active

Carine MICHIELS

Director · since 13 novembre 2018

Active

Ended mandates

Frédéric Flamand

Director · since 18 janvier 2023 · until 28 juin 2024

Ended

Frédéric Flamand

Director · since 18 janvier 2023

Ended

Marc De Paoli

Director · since 18 janvier 2023 · until 28 juin 2024

Ended

Marc De Paoli

Director · since 18 janvier 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/07/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2019
DENOMINATION - DIVERS
PDF
Other21/11/2018
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-615,8 k €↓
2024
Annual accounts 2024-43,2 k €↓
2023
Annual accounts 2023-17,8 k €↓
2022
Annual accounts 2022-10 k €↑
2021
Annual accounts 2021-19,3 k €↑
2020
Annual accounts 2020-19,4 k €↑
2019
Annual accounts 2019-71,4 k €
19/11/2018
IncorporationPrivate 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

ProtonW.be

Overview

What does ProtonW.be do?

Trend over 7 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