ACTIVE

BE PROTECTION

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Financial year 2025 · closed on 31/12/2025

Net result

174,2 k €

+9.6% YoY

Gross margin

429,4 k €

+22.4% YoY

Equity

822,4 k €

0.0% YoY

Workforce

2,2 ETP

+15.8% YoY

What does BE PROTECTION do?

BE PROTECTION is a Private limited company incorporated in 2007. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Brugge. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0891.745.843

Incorporation

30/08/2007

Legal form

Private limited company

Registered office

Lodderhoek 12
8000 Brugge · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

2,2 ETP

Activities (NACE)

46421Wholesale of clothing and footwear· main 46421Wholesale of clothing and footwear 51421Air transport 46900Non-specialised wholesale trade 46900Non-specialised wholesale trade

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	429,4 k €	+22.4%	350,7 k €	+1.8%	344,5 k €	+7.8%	319,5 k €	+34.4%	237,7 k €	+25.3%	189,7 k €	-4.0%	197,7 k €	+2.4%	193,1 k €	-19.2%	239 k €	+38.4%	172,7 k €	+72.6%	100,1 k €	-13.7%	115,9 k €	+22.3%	94,8 k €	-10.1%	105,4 k €	+67.1%	63,1 k €	+26.3%	50 k €	+233%	15 k €
EBITDA	265,8 k €	+6.3%	250 k €	+5.2%	237,6 k €	+1.3%	234,6 k €	+69.2%	138,7 k €	+19.3%	116,2 k €	-9.7%	128,7 k €	+45.7%	88,3 k €	-41.8%	151,7 k €	+30.1%	116,6 k €	+164%	44,1 k €	-34.0%	66,9 k €	+33.4%	50,2 k €	+24.6%	40,3 k €	+661%	-7,2 k €	-127%	26,5 k €	+295%	6,7 k €
Operating result	237,5 k €	+10.3%	215,2 k €	-0.4%	216 k €	-3.7%	224,2 k €	+69.5%	132,3 k €	+23.6%	107 k €	-10.5%	119,5 k €	+64.4%	72,7 k €	-44.4%	130,8 k €	+48.4%	88,1 k €	+401%	17,6 k €	-56.2%	40,2 k €	+50.6%	26,7 k €	+1.0%	26,4 k €	+221%	-21,8 k €	-206%	20,5 k €	+458%	-5,7 k €
Net result	174,2 k €	+9.6%	159 k €	-2.7%	163,3 k €	-7.0%	175,7 k €	+74.1%	100,9 k €	+34.1%	75,3 k €	-9.9%	83,6 k €	+99.0%	42 k €	-48.6%	81,8 k €	+59.6%	51,2 k €	+791%	5,8 k €	-75.8%	23,8 k €	+70.5%	14 k €	-1.6%	14,2 k €	+156%	-25,2 k €	-368%	9,4 k €	+242%	-6,6 k €
Balance sheet
Equity	822,4 k €	0.0%	822,4 k €	+21.1%	678,9 k €	+22.5%	554,3 k €	+24.2%	446,4 k €	+46.2%	305,3 k €	+29.5%	235,7 k €	+49.3%	157,9 k €	+32.5%	119,1 k €	+109%	57,1 k €	+102%	28,3 k €	+9.7%	25,8 k €	+81.3%	14,2 k €	+305%	3,5 k €	+37.2%	2,6 k €	-90.8%	27,8 k €	+51.3%	18,4 k €
Total assets	2,2 M €	+103%	1,1 M €	+7.3%	1 M €	+6.1%	960,9 k €	+15.9%	829,3 k €	+31.6%	630,3 k €	+14.2%	551,7 k €	+15.1%	479,5 k €	-0.1%	480 k €	+22.0%	393,4 k €	-11.6%	444,9 k €	+7.5%	413,7 k €	+38.1%	299,6 k €	+13.7%	263,5 k €	+2.2%	257,9 k €	+55.0%	166,4 k €	+27.6%	130,4 k €
Cash	268,7 k €	+89.4%	141,9 k €	-24.1%	186,8 k €	+0.6%	185,8 k €	+53.9%	120,7 k €	-16.1%	143,8 k €	+146%	58,5 k €	+25.1%	46,8 k €	-56.3%	106,9 k €	+109%	51,2 k €	-41.3%	87,3 k €	-2.5%	89,6 k €	+60.7%	55,7 k €	-7.8%	60,4 k €	+1.0%	59,8 k €	+186%	20,9 k €	+1138%	1,7 k €
Debts	1,4 M €	+426%	265,1 k €	-22.2%	340,7 k €	-13.7%	394,7 k €	+11.3%	354,7 k €	+28.1%	276,8 k €	+7.4%	257,8 k €	+10.5%	233,4 k €	-18.9%	287,7 k €	+7.3%	268,1 k €	-23.0%	348,4 k €	+9.0%	319,7 k €	+47.3%	217,1 k €	+13.2%	191,8 k €	-10.4%	214 k €	+54.4%	138,6 k €	+23.7%	112,1 k €
Other
Workforce	2,2 ETP	+15.8%	1,9 ETP	0.0%	1,9 ETP	-13.6%	2,2 ETP	+4.8%	2,1 ETP	0.0%	2,1 ETP	-16.0%	2,5 ETP	+8.7%	2,3 ETP	-8.0%	2,5 ETP	+56.2%	1,6 ETP	+23.1%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Elsje Minjauw

Director

Active

Thidec

Director · 1009.573.921

Represented by Thibault De Cloedt

Active

Ended mandates

Thidec

Director · since 01 juin 2024 · 1009.573.921

Represented by Thibault DE CLOEDT

Ended

Thidec

Director · since 01 juin 2024 · 1009.573.921

Represented by Thibault DE CLOEDT

Ended

Thibault De Cloedt

Director · since 20 avril 2020

Ended

Brenda Utterwulghe

Manager · since 30 août 2007

Ended

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	25/03/2026	11/06/2025	04/06/2024	18/08/2023	04/07/2022	28/07/2021
General meeting	10/03/2026	30/04/2025	04/06/2024	12/07/2023	30/06/2022	22/05/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/03/2026	25/03/2026	Dutch	PDF
Abridged model	31/12/2024	30/04/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	04/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/07/2023	18/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	23/05/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	10/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	24/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	28/08/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 10 ended

Active mandates

Elsje Minjauw

Director

Active

Thidec

Director · 1009.573.921

Represented by Thibault De Cloedt

Active

Ended mandates

Thidec

Director · since 01 juin 2024 · 1009.573.921

Represented by Thibault DE CLOEDT

Ended

Thidec

Director · since 01 juin 2024 · 1009.573.921

Represented by Thibault DE CLOEDT

Ended

Thibault De Cloedt

Director · since 20 avril 2020

Ended

Brenda Utterwulghe

Manager · since 30 août 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/08/2026
DIVERSEN, ONTSLAGEN, BENOEMINGEN
PDF
Mandates03/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/06/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other07/09/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025174,2 k €↑
2024
Annual accounts 2024159 k €↓
2023
Annual accounts 2023163,3 k €↓
2022
Annual accounts 2022175,7 k €↑
2021
Annual accounts 2021100,9 k €↑
2019
Annual accounts 201975,3 k €↓
2018
Annual accounts 201883,6 k €↑
2017
Annual accounts 201742 k €↓
2016
Annual accounts 201681,8 k €↑
2015
Annual accounts 201551,2 k €↑
2014
Annual accounts 20145,8 k €↓
2013
Annual accounts 201323,8 k €↑
2012
Annual accounts 201214 k €↓
2011
Annual accounts 201114,2 k €↑
2010
Annual accounts 2010-25,2 k €↓
2009
Annual accounts 20099,4 k €↑
2008
Annual accounts 2008-6,6 k €
30/08/2007
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

BE PROTECTION

Overview

What does BE PROTECTION do?

Trend over 17 financial years

Indicative valuation

Board of directors

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