Financials
Financial year 2025
PROTEQ from Brugge, company number BE0477695306, closed financial year 2025 with a result of € 183,310 after tax. For that financial year PROTEQ recorded a gross margin of € 437,017 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 191,678 to € 183,310. 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 July 10, 2026.
€ 3.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 183,310
▼ 4% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3 million.
People and assets in 2025
1.9
Average over the fiscal year, from the social balance sheet.
€ 121,873
▲ 8% vs 2024
€ 64,100 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 432,901
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,624
▲ 129% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 868,337 | € 739,248 | € 398,045 | € 437,017 | ▲ 10% |
| Profit after taxes | € 41,907 | € 483,046 | € 191,678 | € 183,310 | ▼ 4% |
| Equity | € 2,849,342 | € 3,332,388 | € 3,524,066 | € 3,707,376 | ▲ 5% |
| Total debts | € 2,210,186 | € 349,958 | € 570,534 | € 491,525 | ▼ 14% |
| Cash | € 367,886 | € 46,715 | - | - | |
| Retained profit | € 2,186,342 | € 2,669,388 | € 2,861,066 | € 3,044,376 | ▲ 6% |
| Bank debt | € 57,626 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 5,059,527 | € 3,682,346 | € 4,094,600 | € 4,198,902 | ▲ 3% |
| Employees (FTE) | 11 | 3.6 | 1.9 | 1.9 |
Key figures of PROTEQ, 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 PROTEQ?
What happened at PROTEQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lacosy BV stepped down as director. NBB
- PGMS NV stepped down as director. NBB
- O'Tentic BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 183,310 (▼ 4% vs 2024). Source: NBB ↗
- Lacosy BV became a director. NBB
- O'Tentic BV became a director. NBB
- PGMS NV became a director. NBB
- New establishment in Brugge. KBO
In short
From € 41,907 profit in 2022 to € 183,310 profit in 2025.
Paid € 315,836 in corporate taxes since 2022.
Best year ever: 2023, with € 483,046 profit.
On average € 230,000 of value added per employee in 2025.
Management
The stake of DASSY EUROPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROTEQThe shares are held by DASSY EUROPE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Cosyn
Also active at: TWG Service, Radius LeaseWear, DRESS CONFECT, TWG Real Estate, DASSY EUROPE
since 2025 · until 2029
Director · represented by Philip Ghekiere
Also active at: KINEPOLIS GROUP, Belconfect, TWG Service, The Workwear Group, Radius LeaseWear, DRESS CONFECT, TWG Real Estate, LEMCO VASTGOED +1 more
since 2022 · until 2027
Managing director · represented by Veronique Mulliez
Also active at: Belconfect, TWG Service, The Workwear Group, Radius LeaseWear, DRESS CONFECT, TWG Real Estate, DASSY EUROPE
since 2023 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 15
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →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
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0477.695.306
- VAT number
- BE 0477.695.306
- Registered office
- Pathoekeweg 15, 8000 Brugge
- Names & denominations
- PROTEQ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2002
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- proteq.be
- Activities · NACE
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