Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Protealis from Gent, company number BE0765251410, closed financial year 2025 with a result of € -5 million after tax. For that financial year Protealis recorded a gross margin of € 1.1 million and equity of € 9.1 million. Compared with financial year 2024, the result moved from € -3.8 million to € -5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 9.1 million
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5 million
▼ 30 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.8 million.
People and assets in 2025
17.2
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 27% vs 2024
€ 120,800 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.
€ 61,535
▲ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 600,821
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 320,378
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 421,973 | € 860,280 | € 1,030,887 | € 1,080,963 | ▲ 5% |
| Profit after taxes | € -3,897,840 | € -3,298,751 | € -3,841,671 | € -4,979,529 | ▼ € 1.1 million |
| Equity | € 6,142,960 | € 6,883,409 | € 14,041,746 | € 9,062,218 | ▼ 35% |
| Total debts | € 1,911,630 | € 1,406,579 | € 2,135,678 | € 2,057,662 | ▼ 4% |
| Cash | € 4,461,570 | € 4,970,861 | € 668,845 | € 1,251,036 | ▲ 87% |
| Retained profit | € -3,897,840 | € -7,196,591 | € -3,841,671 | € -8,821,200 | ▼ € 5 million |
| Balance sheet total | € 8,054,590 | € 8,289,988 | € 16,177,424 | € 11,119,880 | ▼ 31% |
| Employees (FTE) | 6.1 | 10.8 | 15.1 | 17.2 | ▲ 2.1 |
Key figures of Protealis, 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 Protealis?
What happened at Protealis in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DE LIER stepped down as director. NBB
- KORYS MANAGEMENT stepped down as director. NBB
- Hartmut VAN LENGERICH stepped down as director. NBB
- Tom VIAENE stepped down as director. NBB
- Willem BROEKAERT stepped down as director. NBB
- Innovation Industries Fund II Coöperatief U.A. stepped down as director. NBB
- Patrik HAESEN stepped down as director. NBB
- AMPHIBEAN BV stepped down as director. NBB
In short
From € 3.9 million loss in 2022 to € 5 million loss in 2025.
On average € 62,800 of value added per employee in 2025.
Management
The stake of V-Bio Fund 2, Agri Investment Fund, KORYS INVESTMENTS, AMPHIBEAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ProtealisThe shares are held by V-Bio Fund 2 (11.9%), Agri Investment Fund (11.9%), KORYS INVESTMENTS (11.5%) and AMPHIBEAN (0.2%).
Directors
According to the 2025 annual accounts
Director · represented by François VAN LIERDE
Also active at: ACKERMANS & VAN HAAREN, APIX Biosciences
since 2024 · until 2030
Tom VIAENE
Director
since 2026 · until 2028
Willem BROEKAERT
Director
since 2021 · until 2027
Director · represented by Vincent DE SMET
Also active at: Colruyt Group, GINSTBRONNEN, reMYND, D-DRINKS GROUP, FLUVES, SOFINDEV IV, URBANTZ, Pantarein Water +19 more
since 2024 · until 2029
Johan CARDOEN
Director
since 2022 · until 2025
Hartmut VAN LENGERICH
Director
since 2024 · until 2029
Innovation Industries Fund II Coöperatief U.A.
Director · represented by Douwe GREEBE CAAJ
since 2021 · until 2027
Patrik HAESEN
Director
since 2021 · until 2027
Director · represented by Benjamin Laga
since 2021 · until 2027
David Buckeridge Investigations Limited
Director · represented by David Buckeridge
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Technologiepark-Zwijnaarde 94
9052 Gent
Legen Heirweg 20 box D
9890 Gavere
Active since 10 December 2021
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 →ILiAD Biotechnologies
€ 1.4 million gross margin · 2025
Zomagen Biosciences Belgium
€ 1.2 million gross margin · 2025
AnimAb
€ 28,596 gross margin · 2025
ExeVir Bio
€ -1.2 million gross margin · 2025
YAKULT HONSHA EUROPEAN RESEARCH CENTER FOR MICROBIOLOGY
+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
- 0765.251.410
- VAT number
- BE 0765.251.410
- Registered office
- Technologiepark-Zwijnaarde 94, 9052 Gent
- Names & denominations
- Protealis
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2021
- Peppol
- Active · Active since 30 Apr 2021
- Activities · NACE
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op biotechnologisch gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied