Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Protec Belgium from Vorst, company number BE0408121857, closed financial year 2025 with a result of € 5.7 million after tax. For that financial year Protec Belgium recorded a gross margin of € 38,599 and equity of € 406,393. Compared with financial year 2024, the result moved from € -137,350 to € 5.7 million. Profitable, and profit is growing. The buffer shrank hard: equity is 59 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 406,393
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.7 million
▲ still € 137,350 loss in 2024
Profit after tax over the fiscal year.
€ 4.1 million
▲ € 3.4 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6.3 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2.2 million
▼ 6% vs 2024
Of which on lease € 2.2 million.
Debts at end 2025
€ 2.2 million
▼ 5% vs 2024
€ 125,803 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 826
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,999
▲ 64% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,885 | € 166,510 | € 129,111 | € 38,599 | ▼ 70% |
| Profit after taxes | € 14,418 | € 61,226 | € -137,350 | € 5,673,463 | ▲ € 5.8 million |
| Equity | € 1,103,581 | € 1,124,605 | € 987,256 | € 406,393 | ▼ 59% |
| Total debts | € 371,383 | € 535,037 | € 4,224,005 | € 10,224,212 | ▲ 142% |
| Cash | € 39,562 | € 10,699 | € 720,393 | € 4,131,178 | ▲ € 3.4 million |
| Land & buildings | € 351,626 | € 512,609 | € 29,730 | € 271,495 | ▲ € 241,766 |
| Retained profit | € 905,266 | € 926,291 | € 788,941 | € 208,078 | ▼ 74% |
| Dividend | € 35,176 | € 40,201 | € 0 | € 6,254,326 | |
| Bank debt | € 352,559 | € 486,921 | € 2,341,445 | € 2,220,682 | ▼ 5% |
| Balance sheet total | € 1,474,964 | € 1,659,642 | € 5,211,261 | € 10,630,605 | ▲ 104% |
Key figures of Protec Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Protec Belgium?
What happened at Protec Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ADNCO SRL stepped down as director. NBB
- Benoit DEGRAEVE stepped down as director. NBB
- Pauline DEGRAEVE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5.7 million. Source: NBB ↗
- Benoit DEGRAEVE became a director. NBB
- Pauline DEGRAEVE became a director. NBB
- ADNCO SRL became a director. NBB
- New establishment in Vorst. KBO
In short
From € 14,418 profit in 2022 to € 5.7 million profit in 2025.
Paid € 8,740 in corporate taxes since 2022.
Best year ever: 2025, with € 5.7 million profit.
Paid out € 6.3 million in dividends to the owners in total.
A new publication or filing at Protec Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ADNCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Protec BelgiumThe shares are held by ADNCO (99%).
Directors
According to the 2025 annual accounts
Benoit DEGRAEVE
Director
since 2021 · until 2027
since 2021 · until 2027
Pauline DEGRAEVE
Director
since 2021 · until 2027
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Humaniteitslaan 415
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Cibeag N.V., Anciennement Entreprises G. Stockhem
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.121.857
- VAT number
- BE 0408.121.857
- Registered office
- Humaniteitslaan 415, 1190 Vorst
- Names & denominations
- Protec Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1971
- Peppol
- Active · Active since 19 Aug 2026