Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PROTIME from Mechelen, company number BE0454218138, closed financial year 2025 with a result of € 2.4 million after tax. For that financial year PROTIME recorded revenue of € 53.9 million and equity of € 15.9 million. Compared with financial year 2024, the result moved from € 3.6 million to € 2.4 million. The company is profitable. 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 May 19, 2026.
€ 15.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.4 million
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 977,418
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
62 % of the profit went to the shareholders, mostly to SD Worx People Solutions NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
321.5
▲ 12 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 27.4 million
▲ 10% vs 2024
€ 85,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,253
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.6 million
▼ 31% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5.1 million
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 74 days on average.
€ 5.2 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,655,099 | € 45,091,124 | € 50,867,046 | € 53,884,617 | ▲ 6% |
| Profit after taxes | € 4,440,014 | € 1,553,338 | € 3,642,765 | € 2,405,233 | ▼ 34% |
| Equity | € 9,769,225 | € 11,322,563 | € 14,965,328 | € 15,870,561 | ▲ 6% |
| Total debts | € 15,219,132 | € 23,363,439 | € 23,581,651 | € 20,302,846 | ▼ 14% |
| Cash | € 1,014,370 | € 273,664 | € 1,331,733 | € 977,418 | ▼ 27% |
| Retained profit | € 7,338,006 | € 8,891,344 | € 12,534,109 | € 13,439,342 | ▲ 7% |
| Dividend | € 2,000,000 | € 0 | € 0 | € 1,500,000 | |
| Bank debt | € 4,069,729 | € 9,555,407 | € 9,555,407 | € 6,555,407 | ▼ 31% |
| Balance sheet total | € 24,988,358 | € 34,686,002 | € 38,546,979 | € 36,273,408 | ▼ 6% |
| Employees (FTE) | 250 | 273.1 | 309.5 | 321.5 | ▲ 12 |
Key figures of PROTIME, 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 PROTIME?
What happened at PROTIME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ellezé CommV stepped down as director. NBB
- CATALYSTA INC BV stepped down as director. NBB
- Vawijs BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.4 million (▼ 34% vs 2024). Source: NBB ↗
- Vawijs BV became a director. NBB
- CATALYSTA INC BV became a director. NBB
- Nadine Aerts stepped down as director. NBB
- Gille Sebrechts stepped down as director. NBB
In short
From € 4.4 million profit in 2022 to € 2.4 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 4.4 million profit.
Paid out € 3.5 million in dividends to the owners in total.
Management
The shares are held by SD Worx People Solutions NV (100%). It owns 100% of PROTIME WORKFORCE MANAGEMENT S.L.U., 100% of Protime WFM GmbH, 100% of PROTIME SAS and 100% of Protime BV itself.
Directors
According to the 2025 annual accounts
Director · represented by Jakob Verdonck
Also active at: SODALIS, PRO - PAY, LOON EN WEDDEBEHEER, SODECO, GEONEX, TEAL PARTNERS, GEMMA, SD Worx Staffing & Career Solutions +3 more
since 2024 · until 2028
Director · represented by Gille Sebrechts
since 2025 · until 2028
Nadine Aerts
Director
Also active at: PRO - PAY, TEAL PARTNERS, Easymatch, SD Worx Staffing & Career Solutions, SD Worx Staffing Solutions, Darcolli
since 2023 · until 2025
since 2023 · until 2025
Managing director · represented by Jan Albert Van Autreve
since 2025 · until 2028
Shareholders
Participations
PROTIME WORKFORCE MANAGEMENT S.L.U.
100%
Protime WFM GmbH
100%
PROTIME SAS
100%
Protime BV
100%
Establishments
Establishment units
Physical locations of this company
Bautersemstraat 68 box a
2800 Mechelen
Avenue des Dessus de Lives(LO) 4
5101 Namur
Active since 1 July 2019
Louis Pasteurstraat 21
3920 Lommel
Active since 1 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →PRODESS
€ 300,531 gross margin · 2025
PRO MEMORIE
€ 135,027 gross margin · 2025
Concept Fashion Group
SUITCASE
FNG International Holding
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
protime.eu
Registrar
Registrar.eu
Website info
Features
Security
Details
- Company number
- 0454.218.138
- VAT number
- BE 0454.218.138
- Registered office
- Bautersemstraat 68 bus a, 2800 Mechelen
- Names & denominations
- PROTIME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 1995
- Peppol
- Active · Active since 20 Nov 2025
- Contact
- protime.eu +32 3 870 60 30
- Activities · NACE
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