Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 243 days after the legal deadline.
Financials
Financial year 2024
PROTECH EUROPE from Fleurus, company number BE0866299377, closed financial year 2024 with a result of € -196,348 after tax. For that financial year PROTECH EUROPE recorded a gross margin of € -155,975 and equity of € -1.7 million. Compared with financial year 2023, the result moved from € -349,364 to € -196,348. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ -1.7 million
▼ € 196,348 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -196,348
▲ 44 % less loss than in 2023
Profit after tax over the fiscal year.
€ 6,430
▼ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2024
€ 13,026
▼ 53% 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.
€ 1,338
▼ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,822
▼ 73% vs 2023
Loans from banks and other lenders, long and short.
€ 480,084
▲ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 18,276
▲ € 16,260 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 260,681 | € 277,052 | - | - | |
| Gross margin | € -437 | € 42,030 | € -203,081 | € -155,975 | ▲ € 47,107 |
| Profit after taxes | € -168,778 | € -116,852 | € -349,364 | € -196,348 | ▲ € 153,016 |
| Equity | € -1,007,880 | € -1,124,732 | € -1,474,096 | € -1,670,443 | ▼ € 196,348 |
| Total debts | € 1,575,243 | € 1,629,217 | € 2,086,695 | € 2,236,515 | ▲ 7% |
| Cash | € 13,459 | € 21,635 | € 7,405 | € 6,430 | ▼ 13% |
| Land & buildings | - | € 27,817 | - | - | |
| Retained profit | € -1,319,880 | € -1,436,732 | € -1,786,096 | € -1,982,443 | ▼ € 196,348 |
| Bank debt | € 59,153 | € 19,950 | € 6,650 | € 1,822 | ▼ 73% |
| Balance sheet total | € 567,363 | € 504,485 | € 624,075 | € 566,072 | ▼ 9% |
Key figures of PROTECH EUROPE, 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 PROTECH EUROPE?
What happened at PROTECH EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 196,348. filed late Source: NBB ↗
- Serge NORDMANN became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
- New establishment in Fleurus. KBO
In short
From € 168,778 loss in 2021 to € 196,348 loss in 2024.
Paid € 19,560 in corporate taxes since 2021.
A new publication or filing at PROTECH EUROPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PROTECH EUROPE is Serge NORDMANN. Serge NORDMANN is also behind FOOD PARTNERS CO.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Rue du Muturnia(H) 299
6220 Fleurus
Rue du Bosquet 36
1400 Nivelles
Active since 1 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0866.299.377
- VAT number
- BE 0866.299.377
- Registered office
- Rue du Muturnia(H) 299, 6220 Fleurus
- Names & denominations
- PROTECH EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2004
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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