Protex
0870.177.397 · rovalta.com · 23/09/2026
ACTIVE
Protex
Financial year 2025 · closed on 31/12/2025
Net result
11,6 k €
-85.0% YoY
Gross margin
1,5 M €
+7.5% YoY
Equity
503,3 k €
+2.4% YoY
Workforce
18,5 ETP
+12.1% YoY
Overview
What does Protex do?
Protex is a Public limited company incorporated in 2004. It employs on average 18,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0870.177.397
Incorporation
24/11/2004
Legal form
Public limited company
Contributed capital
405 000,00 €
Latest accounts
31/12/2025
Average workforce
18,5 ETP
Joint committees (3)
- 14901
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 1,5 M € | +7.5% | 1,4 M € | +2.4% | 1,3 M € | +20.7% | 1,1 M € | -1.9% | 1,1 M € | +52.8% | 730,1 k € | -13.0% | 839,2 k € | +4.2% | 805,5 k € | -1.3% | 816,2 k € | +13.7% | 718,1 k € | -10.8% | 804,9 k € | -7.1% | 866,9 k € | -1.2% | 877,7 k € | +5.9% | 829 k € | -1.6% | 842,3 k € | +25.6% | 670,5 k € | -4.6% | 703,2 k € | +8.5% | 647,8 k € | +35.2% | 479,1 k € | +5.9% | 452,3 k € |
| EBITDA | 197,7 k € | -27.8% | 273,7 k € | -3.0% | 282,1 k € | +37.6% | 205 k € | +2.5% | 200 k € | +151% | 79,6 k € | -40.6% | 134 k € | +15.0% | 116,6 k € | -30.4% | 167,5 k € | +94.4% | 86,2 k € | -35.9% | 134,6 k € | +42.6% | 94,4 k € | -9.8% | 104,6 k € | +80.1% | 58,1 k € | -53.1% | 123,8 k € | +31.9% | 93,9 k € | -43.0% | 164,8 k € | +439% | 30,6 k € | +13.4% | 27 k € | -34.9% | 41,4 k € |
| Operating result | 54,6 k € | -56.6% | 126 k € | +47.8% | 85,3 k € | +245% | 24,7 k € | -11.7% | 28 k € | +257% | -17,9 k € | -180% | 22,4 k € | +689% | 2,8 k € | -93.9% | 46,2 k € | +1722% | 2,5 k € | -92.1% | 32,1 k € | +116% | 14,8 k € | -10.1% | 16,5 k € | +186% | -19,3 k € | -145% | 42,6 k € | -12.6% | 48,8 k € | -53.2% | 104,2 k € | +444% | -30,3 k € | -207% | -9,9 k € | +80.8% | -51,6 k € |
| Net result | 11,6 k € | -85.0% | 76,9 k € | +47.8% | 52 k € | +194% | 17,7 k € | -10.5% | 19,8 k € | -7.3% | 21,3 k € | +87.8% | 11,4 k € | +165% | 4,3 k € | -85.5% | 29,6 k € | +317% | 7,1 k € | +9.1% | 6,5 k € | +205% | 2,1 k € | -38.9% | 3,5 k € | +110% | -36,7 k € | -261% | 22,8 k € | -51.4% | 46,9 k € | -51.5% | 96,8 k € | +394% | -32,9 k € | -235% | -9,8 k € | +84.5% | -63,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 503,3 k € | +2.4% | 491,7 k € | +18.5% | 414,9 k € | +14.2% | 363,4 k € | +4.9% | 346,2 k € | +5.9% | 327 k € | +6.8% | 306,3 k € | +3.7% | 295,5 k € | +1.2% | 291,9 k € | +11.0% | 262,9 k € | +4.5% | 251,7 k € | +2.7% | 245,2 k € | +0.9% | 243 k € | +1.5% | 239,5 k € | -13.3% | 276,2 k € | +9.0% | 253,4 k € | +22.7% | 206,5 k € | +88.3% | 109,7 k € | +75.2% | 62,6 k € | -13.6% | 72,4 k € |
| Total assets | 1,3 M € | +1.8% | 1,3 M € | +6.6% | 1,2 M € | -8.8% | 1,3 M € | -0.5% | 1,3 M € | -10.0% | 1,5 M € | +69.5% | 881,2 k € | -12.1% | 1 M € | -19.4% | 1,2 M € | +9.5% | 1,1 M € | +10.9% | 1 M € | -4.2% | 1,1 M € | -4.5% | 1,1 M € | +6.2% | 1,1 M € | +5.7% | 997,3 k € | +54.4% | 646 k € | +3.0% | 627,2 k € | +7.2% | 585,4 k € | +10.7% | 528,8 k € | -6.2% | 563,7 k € |
| Cash | 262,3 k € | -29.6% | 372,7 k € | +1.4% | 367,4 k € | -2.7% | 377,8 k € | +41.7% | 266,6 k € | +32.7% | 200,9 k € | -2.2% | 205,4 k € | -14.9% | 241,3 k € | -25.9% | 325,5 k € | -8.4% | 355,3 k € | +86.1% | 191 k € | -25.2% | 255,5 k € | +9.5% | 233,4 k € | +59.8% | 146 k € | +12.4% | 129,9 k € | +52.0% | 85,5 k € | -25.0% | 113,9 k € | +572% | 16,9 k € | -68.1% | 53,1 k € | +40.9% | 37,7 k € |
| Debts | 809,6 k € | +0.8% | 803,2 k € | +0.5% | 799,5 k € | -17.9% | 974,3 k € | -2.4% | 997,9 k € | -14.1% | 1,2 M € | +102% | 574,7 k € | -8.4% | 627,4 k € | -26.5% | 853,8 k € | +10.1% | 775,4 k € | +15.7% | 670,2 k € | -6.5% | 716,9 k € | -7.0% | 771,1 k € | +13.5% | 679,7 k € | +9.9% | 618,4 k € | +57.5% | 392,6 k € | -4.6% | 411,5 k € | -12.8% | 472 k € | +1.2% | 466,2 k € | -3.7% | 484,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 18,5 ETP | +12.1% | 16,5 ETP | +1.9% | 16,2 ETP | +3.2% | 15,7 ETP | -3.1% | 16,2 ETP | +13.3% | 14,3 ETP | +7.5% | 13,3 ETP | +0.8% | 13,2 ETP | -0.8% | 13,3 ETP | +2.3% | 13,0 ETP | -3.7% | 13,5 ETP | -20.1% | 16,9 ETP | +5.6% | 16,0 ETP | -4.2% | 16,7 ETP | +3.1% | 16,2 ETP | +25.6% | 12,9 ETP | -1.5% | 13,1 ETP | -17.1% | 15,8 ETP | +27.4% | 12,4 ETP | +18.1% | 10,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 23 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 31/03/2026 | 17/07/2025 | 22/07/2024 | 25/08/2023 | 13/06/2022 | 30/08/2021 |
| General meeting | 17/03/2026 | 30/06/2025 | 28/05/2024 | 30/05/2023 | 31/05/2022 | 25/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 17/03/2026 | 31/03/2026 | French | |
| Abridged model | 31/12/2024 | 30/06/2025 | 17/07/2025 | French | |
| Abridged model | 31/12/2023 | 28/05/2024 | 22/07/2024 | French | |
| Abridged model | 31/12/2022 | 30/05/2023 | 25/08/2023 | French | |
| Abridged model | 31/12/2021 | 31/05/2022 | 13/06/2022 | French | |
| Abridged model | 31/12/2020 | 25/05/2021 | 30/08/2021 | French | |
| Abridged model | 31/12/2019 | 26/05/2020 | 17/08/2020 | French | |
| Abridged model | 31/12/2018 | 28/05/2019 | 29/08/2019 | French | |
| Abridged model | 31/12/2017 | 29/05/2018 | 29/06/2018 | French | |
| Abridged model | 31/12/2016 | 31/05/2017 | 30/08/2017 | French | |
| Abridged model | 31/12/2015 | 31/05/2016 | 03/06/2016 | French | |
| Abridged model | 31/12/2014 | 26/05/2015 | 24/07/2015 | French | |
| Abridged model | 31/12/2013 | 13/06/2014 | 24/07/2014 | French | |
| Abridged model | 31/12/2012 | 27/06/2013 | 16/08/2013 | French | |
| Abridged model | 31/12/2011 | 28/09/2012 | 28/09/2012 | French | |
| Abridged model | 31/12/2010 | 31/05/2011 | 29/07/2011 | French | |
| Abridged model | 31/12/2009 | 25/05/2010 | 30/07/2010 | French | |
| Abridged model | 31/12/2008 | 26/05/2009 | 13/08/2009 | French | |
| Abridged model | 31/12/2007 | 27/05/2008 | 30/07/2008 | French | |
| Abridged model | 31/12/2006 | 29/05/2007 | 18/07/2007 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 23 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/08/2025DEMISSIONS, NOMINATIONS
- Mandates21/05/2024OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates20/12/2021DEMISSIONS, NOMINATIONS
- Mandates22/05/2020DEMISSIONS, NOMINATIONS
- Mandates17/02/2020DEMISSIONS, NOMINATIONS
- Other12/01/2018OBJET
- Registered office15/09/2016SIEGE SOCIAL - DIVERS
- Mandates17/06/2016SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202511,6 k €↓
- 2024Annual accounts 202476,9 k €↑
- 2023Annual accounts 202352 k €↑
- 2022Annual accounts 202217,7 k €↓
- 2021Annual accounts 202119,8 k €↓
- 2020Annual accounts 202021,3 k €↑
- 2019Annual accounts 201911,4 k €↑
- 2018Annual accounts 20184,3 k €↓
- 2017Annual accounts 201729,6 k €↑
- 2016Annual accounts 20167,1 k €↑
- 2015Annual accounts 20156,5 k €↑
- 2014Annual accounts 20142,1 k €↓
- 2013Annual accounts 20133,5 k €↑
- 2012Annual accounts 2012-36,7 k €↓
- 2011Annual accounts 201122,8 k €↓
- 2010Annual accounts 201046,9 k €↓
- 2009Annual accounts 200996,8 k €↑
- 2008Annual accounts 2008-32,9 k €↓
- 2007Annual accounts 2007-9,8 k €↑
- 2006Annual accounts 2006-63,4 k €
- 24/11/2004IncorporationPublic limited company