What does Protective Wood Technology do?

Protective Wood Technology is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 4 February 2020, 1 establishment.

What is the address of Protective Wood Technology?

The registered office of Protective Wood Technology is located at Ambachtenstraat 58, 8870 Izegem.

Is Protective Wood Technology still active?

Yes. According to the CBE (29 October 2026) Protective Wood Technology is active, legal situation “Normale toestand”, started on 4 February 2020.

Is Protective Wood Technology registered on Peppol?

Yes, Protective Wood Technology is registered on the Peppol network with ID 0208:0742901125.

What is the enterprise number of Protective Wood Technology?

The enterprise number of Protective Wood Technology is BE0742901125.

When was Protective Wood Technology founded?

Protective Wood Technology was founded on 4 February 2020.

Who are the directors of Protective Wood Technology?

According to the 2025 annual accounts, the directors of Protective Wood Technology are: MB Projects BV, Storre BV, Benoit Graulich BV, Maverco BV.

Is Protective Wood Technology a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 February 2020; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Protective Wood Technology make in 2025?

Protective Wood Technology posted a profit after taxes of € 98,520 in financial year 2025.

What is the revenue of Protective Wood Technology?

In its most recent annual accounts (2025), Protective Wood Technology reported revenue of € 6,024,576.

How much does an employee at Protective Wood Technology earn?

The average wage cost per full-time employee at Protective Wood Technology was € 79,000 in 2025: staff costs of € 836,993 for 10.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Protective Wood Technology have?

According to the 2025 annual accounts, Protective Wood Technology has 10.6 full-time equivalents (FTE).

Protective Wood Technology (Public Limited) - Izegem

Dossier Protective Wood Technology, printed on 29 October 2026 from databakkes.be/en/0742901125/protective-wood-technology. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

Protective Wood Technology from Izegem, company number BE0742901125, closed financial year 2025 with a result of € 98,520 after tax. For that financial year Protective Wood Technology recorded revenue of € 6 million and equity of € 24.3 million. Compared with financial year 2024, the result moved from € 1 million to € 98,520. 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.

What it is worth Growing

€ 24.3 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 98,520

▼ 90% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.5 million

▼ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.6 million.

People and assets in 2025

Full-time equivalents

10.6

▼ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 836,993

▲ 2% vs 2024

€ 79,000 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.

Vehicles and equipment

€ 17,884

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 22.5 million

▼ 37% vs 2024

€ 3.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1.3 million

▲ 108% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 123 days on average.

Taxes and wages

€ 85,265

▼ 49% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,977,030 Revenue 2022: € 1,977,030 First fiscal year in the series	€ 2,398,259 Revenue 2023: € 2,398,259 ▲ 21% vs 2022 (€ 1,977,030) Favourable step	€ 5,181,991 Revenue 2024: € 5,181,991 ▲ 116% vs 2023 (€ 2,398,259) Favourable step	€ 6,024,576 Revenue 2025: € 6,024,576 ▲ 16% vs 2024 (€ 5,181,991) Favourable step	▲ 16%
Profit after taxes	€ 82,937 Profit after taxes 2022: € 82,937 First fiscal year in the series	€ -1,359,308 Profit after taxes 2023: € -1,359,308 ▼ € 1.4 million vs 2022 (€ 82,937) Unfavourable step	€ 1,024,608 Profit after taxes 2024: € 1,024,608 ▲ € 2.4 million vs 2023 (€ -1,359,308) Favourable step	€ 98,520 Profit after taxes 2025: € 98,520 ▼ 90% vs 2024 (€ 1,024,608) Unfavourable step	▼ 90%
Equity	€ 24,573,923 Equity 2022: € 24,573,923 First fiscal year in the series	€ 23,214,615 Equity 2023: € 23,214,615 ▼ 6% vs 2022 (€ 24,573,923) Unfavourable step	€ 24,239,223 Equity 2024: € 24,239,223 ▲ 4% vs 2023 (€ 23,214,615) Favourable step	€ 24,337,742 Equity 2025: € 24,337,742 Unchanged (€ 24,239,223) Favourable step
Total debts	€ 27,778,441 Total debts 2022: € 27,778,441 First fiscal year in the series	€ 29,427,128 Total debts 2023: € 29,427,128 ▲ 6% vs 2022 (€ 27,778,441) Unfavourable step	€ 36,962,840 Total debts 2024: € 36,962,840 ▲ 26% vs 2023 (€ 29,427,128) Unfavourable step	€ 41,602,577 Total debts 2025: € 41,602,577 ▲ 13% vs 2024 (€ 36,962,840) Unfavourable step	▲ 13%
Cash	€ 1,104,870 Cash 2022: € 1,104,870 First fiscal year in the series	€ 1,211,761 Cash 2023: € 1,211,761 ▲ 10% vs 2022 (€ 1,104,870) Favourable step	€ 1,598,965 Cash 2024: € 1,598,965 ▲ 32% vs 2023 (€ 1,211,761) Favourable step	€ 1,518,885 Cash 2025: € 1,518,885 ▼ 5% vs 2024 (€ 1,598,965) Unfavourable step	▼ 5%
Retained profit	€ 1,818,923 Retained profit 2022: € 1,818,923 First fiscal year in the series	€ 459,615 Retained profit 2023: € 459,615 ▼ 75% vs 2022 (€ 1,818,923) Unfavourable step	€ 1,484,223 Retained profit 2024: € 1,484,223 ▲ 223% vs 2023 (€ 459,615) Favourable step	€ 1,582,742 Retained profit 2025: € 1,582,742 ▲ 7% vs 2024 (€ 1,484,223) Favourable step	▲ 7%
Bank debt	€ 26,884,966 Bank debt 2022: € 26,884,966 First fiscal year in the series	€ 27,985,567 Bank debt 2023: € 27,985,567 ▲ 4% vs 2022 (€ 26,884,966) Unfavourable step	€ 35,698,003 Bank debt 2024: € 35,698,003 ▲ 28% vs 2023 (€ 27,985,567) Unfavourable step	€ 22,475,689 Bank debt 2025: € 22,475,689 ▼ 37% vs 2024 (€ 35,698,003) Favourable step	▼ 37%
Balance sheet total	€ 52,352,364 Balance sheet total 2022: € 52,352,364 First fiscal year in the series	€ 52,641,743 Balance sheet total 2023: € 52,641,743 ▲ 1% vs 2022 (€ 52,352,364) Unchanged	€ 61,202,063 Balance sheet total 2024: € 61,202,063 ▲ 16% vs 2023 (€ 52,641,743) Unchanged	€ 65,940,319 Balance sheet total 2025: € 65,940,319 ▲ 8% vs 2024 (€ 61,202,063) Unchanged	▲ 8%
Employees (FTE)	0.6 Employees (FTE) 2022: 0.6 First fiscal year in the series	10.7 Employees (FTE) 2023: 10.7 ▲ 10.1 vs 2022 (0.6) Unchanged	11.3 Employees (FTE) 2024: 11.3 ▲ 0.6 vs 2023 (10.7) Unchanged	10.6 Employees (FTE) 2025: 10.6 ▼ 0.7 vs 2024 (11.3) Unchanged	▼ 0.7

Key figures of Protective Wood Technology, 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 Protective Wood Technology?

What happened at Protective Wood Technology in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 10, 2026 New annual accounts for financial year 2025: profit of € 98,520 (▼ 90% vs 2024). Source: NBB ↗
2026 MB Projects BV became a director. NBB
2026 Storre BV became a director. NBB
2026 Benoit Graulich BV stepped down as director. NBB
2026 Maverco BV stepped down as director. NBB
2020 Benoit Graulich BV became a director. NBB
2020 Maverco BV became a director. NBB
Feb 4, 2020 New establishment in Izegem. KBO

In short

From € 82,937 profit in 2022 to € 98,520 profit in 2025.

Paid € 9,812 in corporate taxes since 2022.

Best year ever: 2024, with € 1 million profit.

Pays suppliers within 123 days on average.

Original PDFs at the National Bank ↗

Management

MB Projects BV

Storre BV

Protective Wood Technology

Rubio Shared Service Center 100%

The Beautiful Green Paint Shared Services 100%

Behind Protective Wood Technology are MB Projects BV and Storre BV. It owns 100% of Rubio Shared Service Center and 100% of The Beautiful Green Paint Shared Services itself.

Directors

According to the 2025 annual accounts

MB Projects BV

Director · represented by Benoit Muylle

Also active at: LOXXER, PLUVIO, HEXAGON INVEST II

since 2026

Storre BV

Director · represented by Wim Maes

Also active at: MUYLLE-FACON, GoSumma, RUBIO MONOCOAT BELGIUM, MF CONSTRUCTION CHEMICALS, RUBIO SHARED SERVICE CENTER, THE BEAUTIFUL GREEN PAINT COMPANY

since 2026

Benoit Graulich BV

Director · represented by Benoit Graulich

Also active at: LOTUS BAKERIES, AXXES, SHORE, Tech Tribes, BMT INTERNATIONAL, Geo Investment Square, BENCIS CAPITAL PARTNERS BELGIUM, EDEN PROJECTS

since 2020 · until 2026

Maverco BV

Director · represented by Matthias Vermeersch

Also active at: EQUINE CARE GROUP, BENCIS CAPITAL PARTNERS BELGIUM

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Ambachtenstraat 58

8870 Izegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

IMMO MUYLLE-FACON

€ 785,002 gross margin · 2025

MUYLLE-FACON same network

€ 26.9 million revenue · 2025

Groep Muylle-Facon

MF CONSTRUCTION CHEMICALS same network

€ 4.8 million revenue · 2025

RUBIO SHARED SERVICE CENTER same network

€ 3 million revenue · 2025

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0742.901.125

VAT number

BE 0742.901.125

Registered office

Ambachtenstraat 58, 8870 Izegem

Names & denominations

Protective Wood Technology

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 February 2020

Peppol

Active · Active since 16 Jul 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Protective Wood Technology

Warning lights

Financials

What happened to Protective Wood Technology?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions