Financials
Financial year 2024
PROTEC from Wetteren, company number BE0415254228, closed financial year 2024 with a result of € 142,920 after tax. For that financial year PROTEC recorded a gross margin of € 605,945 and equity of € 556,505. Compared with financial year 2023, the result moved from € 131,653 to € 142,920. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 556,505
▲ 35% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 142,920
▲ 9% vs 2023
Profit after tax over the fiscal year.
€ 203,659
▲ € 203,426 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 420,163.
People and assets in 2024
€ 367,581
▲ 2% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 95,663
▼ 22% vs 2023
Of which on lease € 88,916.
Debts at end 2024
€ 88,915
▼ 50% vs 2023
€ 22,008 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 116,926
▼ 1% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 94,543
▲ 109% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 273,463 | € 400,449 | € 586,433 | € 605,945 | ▲ 3% |
| Profit after taxes | € 31,280 | € 41,872 | € 131,653 | € 142,920 | ▲ 9% |
| Equity | € 240,059 | € 281,931 | € 413,584 | € 556,505 | ▲ 35% |
| Total debts | € 509,935 | € 413,027 | € 351,519 | € 301,061 | ▼ 14% |
| Cash | € 229,418 | € 51,251 | € 233 | € 203,659 | ▲ € 203,426 |
| Retained profit | € 103,718 | € 145,590 | € 277,243 | € 420,163 | ▲ 52% |
| Bank debt | € 237,052 | € 203,400 | € 178,988 | € 88,915 | ▼ 50% |
| Balance sheet total | € 749,994 | € 694,958 | € 765,103 | € 857,566 | ▲ 12% |
Key figures of PROTEC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PROTEC?
What happened at PROTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 142,920 (▲ 9% vs 2023). filed late Source: NBB ↗
- SIMA nv became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,280 profit in 2021 to € 142,920 profit in 2024.
Paid € 123,721 in corporate taxes since 2021.
Best year ever: 2024, with € 142,920 profit.
Management
The stake of SIMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROTECBehind PROTEC is SIMA nv. The shares are held by SIMA (100%).
Directors
According to the 2024 annual accounts
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Damstraat 19F
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.254.228
- VAT number
- BE 0415.254.228
- Registered office
- Damstraat 19F, 9230 Wetteren
- Names & denominations
- PROTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 1975
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van schakel- en verdeelinrichtingen
Algemene elektrotechnische installatiewerken