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PROTEC

Active
Public limited companyfounded 1986active for 40 yearsEuropalaan 17, 3900 Pelt, BelgiumKBO/BCE: BE 0429.197.086
Summary

PROTEC has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35.7m and a net result of -€2.5m. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 76% of 144 sector peers (NACE 24, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, full format

Turnover
€89.2m▲ 0.9%
2024 · €88.5m
EBIT margin
-2.1%▼ 4.0pp
2024 · 2.0%
Net result
-€2.5m
2024 · €792,038
Working capital
€23.4m▼ 10.5%
2024 · €26.1m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €1.8m after €1.8m in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€89.2m 2025 Operating result-€1.8m 2025 Net result-€2.5m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 24, Manufacture of basic metals: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€59.3m-€61.2m▲ 3.1%€58.2m▼ 4.8%€89.3m▲ 53.4%€107.2m▲ 20.1%€90.7m▼ 15.4%€88.5m▼ 2.4%€89.2m▲ 0.9%
Operating result-€1.2m-€0.9m€2.1m▲ 147%€6.1m▲ 190%€4.0m▼ 35.2%€0.3m▼ 92.1%€1.8m▲ 462%-€1.8m
Net result-€2.1m-€0.08m€1.1mabove the sector's middle half▲ 1,298%€4.0mabove the sector's middle half▲ 261%€2.1mwithin the sector's middle half▼ 46.8%-€0.6mbelow the sector's middle half€0.8mwithin the sector's middle half-€2.5mbelow the sector's middle half
EBIT margin-1.9%-1.4%▲ 3.3pp3.6%▲ 2.2pp6.8%▲ 3.2pp3.7%▼ 3.2pp0.3%▼ 3.3pp2.0%▲ 1.6pp-2.1%▼ 4.0pp
Equity€12.3m-€12.4m▲ 0.6%€13.5mwithin the sector's middle half▲ 8.9%€35.9mabove the sector's middle half▲ 166%€38.0mabove the sector's middle half▲ 5.9%€37.4mabove the sector's middle half▼ 1.6%€38.2mabove the sector's middle half▲ 2.1%€35.7mabove the sector's middle half▼ 6.4%
Total assets€23.9m-€25.5m▲ 6.8%€25.2mwithin the sector's middle half▼ 1.3%€51.7mwithin the sector's middle half▲ 105%€56.4mwithin the sector's middle half▲ 9.1%€50.8mabove the sector's middle half▼ 9.9%€52.0mwithin the sector's middle half▲ 2.4%€48.9mabove the sector's middle half▼ 5.9%
Debt€10.1m-€11.9m▲ 18.3%€10.7m▼ 10.7%€13.9m▲ 30.2%€17.2m▲ 23.9%€12.8m▼ 25.6%€13.4m▲ 5.0%€12.9m▼ 4.0%
Working capital€10.2m-€9.6m▼ 5.7%€11.7mabove the sector's middle half▲ 21.6%€29.2mabove the sector's middle half▲ 149%€27.0mabove the sector's middle half▼ 7.6%€24.9mabove the sector's middle half▼ 7.6%€26.1mabove the sector's middle half▲ 4.6%€23.4mabove the sector's middle half▼ 10.5%
Solvency51.7%-48.7%▼ 3.0pp53.7%within the sector's middle half▲ 5.0pp69.5%above the sector's middle half▲ 15.8pp67.4%above the sector's middle half▼ 2.0pp73.6%above the sector's middle half▲ 6.2pp73.4%above the sector's middle half▼ 0.2pp73.0%above the sector's middle half▼ 0.4pp
Current ratio2.02-1.81▼ 0.212.10within the sector's middle half▲ 0.293.12above the sector's middle half▲ 1.022.58above the sector's middle half▼ 0.542.96above the sector's middle half▲ 0.382.95above the sector's middle half▼ 0.012.82within the sector's middle half▼ 0.13
Return on assets (ROA)-8.6%-0.3%▲ 8.9pp4.4%within the sector's middle half▲ 4.1pp7.7%within the sector's middle half▲ 3.3pp3.7%within the sector's middle half▼ 3.9pp-1.2%below the sector's middle half▼ 4.9pp1.5%within the sector's middle half▲ 2.7pp-5.0%below the sector's middle half▼ 6.5pp
Staff (FTE)157-171.3▲ 9.1%168above the sector's middle half▼ 1.9%280.9above the sector's middle half▲ 67.2%288.6above the sector's middle half▲ 2.7%299.6above the sector's middle half▲ 3.8%308.6above the sector's middle half▲ 3.0%309.6above the sector's middle half▲ 0.3%
above within below the middle half of NACE 24, Manufacture of basic metals: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48.9m
Fixed assets €12.7m ▲ 1.4%
Current assets €36.2m ▼ 8.3%
Equity and liabilities €48.9m
Equity €35.7m ▼ 6.4%
Provisions €316,472 ▼ 21.1%
Debt €12.9m ▼ 4.0%
Debt's share of the balance-sheet total rises from 25.8% to 26.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.9m▼
2024 · €5.1m
Cash flow
€1.3m▼
2024 · €4.1m
Quick ratio
1.61▼
2024 · 1.63
Debt to equity
0.36▲
2024 · 0.35
ROE
-6.9%▼
2024 · 2.1%
Interest coverage
28.48▼
2024 · 64.00
Debt ≤ 1 year
€12.8m▼
2024 · €13.4m
Income taxes
€1,978▼
2024 · €197,668
Staff costs
€19.8m▲
2024 · €19.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 151 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 94.0% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a small loss
1.3% went bankrupt
4.0% stopped otherwise
94.0% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 151 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€52.0m€48.9m▼
Fixed assets21/28€12.6m€12.7m▲
Intangible fixed assets21€0.02m€0.01m▼
Tangible fixed assets22/27€12.5m€12.7m▲
Land and buildings22€0.5m€0.6m▲
Plant, machinery and equipment23€10.7m€10.8m▲
Furniture and vehicles24€1.3m€1.2m▼
Leasing and similar rights25€0-
Financial fixed assets28€0.04m€0.04m=
Other financial fixed assets284/8€0.04m€0.04m=
Amounts receivable and cash guarantees285/8€0.04m€0.04m=
Current assets29/58€39.5m€36.2m▼
Stocks and contracts in progress3€17.7m€15.6m▼
Stocks30/36€17.7m€15.6m▼
Raw materials and consumables30/31€13.2m€10.9m▼
Work in progress32€4.5m€4.7m▲
Amounts receivable within one year40/41€7.9m€11.3m▲
Trade receivables40€6.7m€9.9m▲
Other amounts receivable41€1.2m€1.3m▲
Current investments50/53€11.7m€7.1m▼
Other investments51/53€11.7m€7.1m▼
Cash at bank and in hand54/58€2.0m€2.2m▲
Deferred charges and accrued income490/1€0.05m€0.06m▲
Equity and liabilities
Total equity and liabilities10/49€52.0m€48.9m▼
Equity10/15€38.2m€35.7m▼
Contributions10/11€4.6m€4.6m=
Capital10€4.6m€4.6m=
Issued capital100€4.6m€4.6m=
Reserves13€33.6m€31.1m▼
Non-distributable reserves130/1€0.5m€0.5m=
Legal reserve130€0.5m€0.5m=
Tax-exempt reserves132€0.03m€0.03m▼
Distributable reserves133€33.1m€30.6m▼
Investment grants15€0.01m€0.01m=
Provisions and deferred taxes16€0.4m€0.3m▼
Provisions for liabilities and charges160/5€0.4m€0.3m▼
Other liabilities and charges164/5€0.4m€0.3m▼
Deferred taxes168€258€0▼
Amounts payable17/49€13.4m€12.9m▼
Amounts payable within one year42/48€13.4m€12.8m▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€7.2m€7.6m▲
Suppliers440/4€7.2m€7.6m▲
Taxes, remuneration and social security45€3.2m€3.2m▼
Taxes450/3€0.4m€0.4m▼
Remuneration and social security454/9€2.8m€2.8m▲
Other amounts payable47/48€3.0m€2.0m▼
Accrued charges and deferred income492/3€0.08m€0.06m▼
Income statement Code20242025
Operating income70/76A€89.5m€90.7m▲
Turnover70€88.5m€89.2m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€0.4m€0.2m▲
Other operating income74€1.2m€1.2m▼
Non-recurring operating income76A€0.2m€0.04m▼
Operating charges60/66A€87.7m€92.5m▲
Goods for resale, raw materials and consumables60€47.5m€51.3m▲
Purchases600/8€50.1m€49.0m▼
Change in stocks: decrease (increase)609-€2.5m€2.3m▲
Services and other goods61€17.6m€17.6m=
Remuneration, social security and pensions62€19.3m€19.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.3m€3.8m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-€0.006m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.2m-€0.08m▲
Other operating charges640/8€0.1m€0.08m▼
Non-recurring operating charges66A€0-
Operating profit (loss)9901€1.8m-€1.8m▼
Financial income75/76B€0.4m€0.5m▲
Recurring financial income75€0.4m€0.5m▲
Income from current assets751€0.2m€0.3m▲
Other financial income752/9€0.2m€0.2m▼
Financial charges65/66B€1.1m€1.1m▼
Recurring financial charges65€1.1m€1.1m▼
Debt charges650€0.08m€0.07m▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€0.01m-€0.01m▼
Other financial charges652/9€1.1m€1.1m▼
Profit (loss) for the period before taxes9903€1.0m-€2.5m▼
Transfer from deferred taxes780€0.001m€258▼
Income taxes67/77€0.2m€0.002m▼
Taxes670/3€0.2m€0.002m▼
Profit (loss) for the period9904€0.8m-€2.5m▼
Transfer from tax-exempt reserves789€0.004m€0.001m▼
Profit (loss) for the period to be appropriated9905€0.8m-€2.5m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.8m-€2.5m▼
Transfer from equity791/2€0€2.5m▲
From reserves792€0€2.5m▲
Transfer to equity691/2€0.8m€0▼
To other reserves6921€0.8m€0▼
Social balance sheet
Average headcount (FTE)9087308.6309.6▲

The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Operating income70/76A---€90.6m€109.5m€93.2m€89.5m€90.7m▲ 1.3%
Turnover70€59.3m€61.2m€58.2m€89.3m€107.2m€90.7m€88.5m€89.2m▲ 0.9%
Change in stocks of work in progress, finished goods and contracts in progress71---€0.1m€0.7m€1.1m-€0.4m€0.2m-
Other operating income74---€1.3m€1.6m€1.3m€1.2m€1.2m▼ 4.4%
Non-recurring operating income76A---€0.002m€0.01m€0.03m€0.2m€0.04m▼ 84.1%
Operating charges60/66A---€84.5m€105.5m€92.9m€87.7m€92.5m▲ 5.4%
Goods for resale, raw materials and consumables60---€48.2m€67.2m€55.2m€47.5m€51.3m▲ 7.9%
Purchases600/8---€55.8m€70.8m€46.0m€50.1m€49.0m▼ 2.2%
Change in stocks: decrease (increase)609----€7.6m-€3.6m€9.3m-€2.5m€2.3m-
Services and other goods61---€19.1m€20.8m€17.4m€17.6m€17.6m=
Remuneration, social security and pensions62---€15.7m€15.9m€17.9m€19.3m€19.8m▲ 2.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.4m€1.9m€1.8m€1.9m€2.3m€2.8m€3.3m€3.8m▲ 13.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.008m€0.007m-€0.002m€0-€0.006m-
Provisions for liabilities and charges: additions (uses and reversals)635/8----€0.6m-€0.7m-€0.6m-€0.2m-€0.08m▲ 57.5%
Other operating charges640/8---€0.2m€0.07m€0.09m€0.1m€0.08m▼ 19.5%
Non-recurring operating charges66A---€0.03m€0.005m€0.02m€0--
Operating profit (loss)9901-€1.2m€0.9m€2.1m€6.1m€4.0m€0.3m€1.8m-€1.8m-
Financial income75/76B---€0.4m€0.3m€0.3m€0.4m€0.5m▲ 35.6%
Recurring financial income75€0.09m€0.1m€0.1m€0.4m€0.3m€0.3m€0.4m€0.5m▲ 35.6%
Income from current assets751---€0.09m€0.08m€0.08m€0.2m€0.3m▲ 84.0%
Other financial income752/9---€0.3m€0.2m€0.2m€0.2m€0.2m▼ 8.3%
Financial charges65/66B---€1.2m€1.5m€1.2m€1.1m€1.1m▼ 1.4%
Recurring financial charges65€1.0m€0.9m€0.9m€1.2m€1.5m€1.2m€1.1m€1.1m▼ 1.4%
Debt charges650€186€0.001m€0.001m€0.02m€0.02m€0.06m€0.08m€0.07m▼ 13.9%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651------€0.03m-€0.01m-€0.01m▼ 21.5%
Other financial charges652/9---€1.2m€1.5m€1.1m€1.1m€1.1m▼ 0.2%
Profit (loss) for the period before taxes9903-€2.0m€0.08m€1.3m€5.3m€2.7m-€0.6m€1.0m-€2.5m-
Transfer from deferred taxes780---€0.002m€0.002m€0.002m€0.001m€258▼ 82.5%
Income taxes67/77€0.05m€0.001m€0.2m€1.3m€0.6m€0.02m€0.2m€0.002m▼ 99.0%
Taxes670/3---€1.3m€0.6m€0.02m€0.2m€0.002m▼ 99.0%
Profit (loss) for the period9904-€2.1m€0.08m€1.1m€4.0m€2.1m-€0.6m€0.8m-€2.5m-
Transfer from tax-exempt reserves789---€1.0m€0.007m€0.007m€0.004m€0.001m▼ 82.5%
Profit (loss) for the period to be appropriated9905-€2.9m€0.08m€1.5m€5.0m€2.1m-€0.6m€0.8m-€2.5m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€23.9m€25.5m€25.2m€51.7m€56.4m€50.8m€52.0m€48.9m▼ 5.9%
Fixed assets21/28€3.6m€4.0m€2.8m€8.7m€12.3m€13.1m€12.6m€12.7m▲ 1.4%
Intangible fixed assets21-----€0.02m€0.02m€0.01m▼ 29.9%
Tangible fixed assets22/27€3.6m€4.0m€2.8m€8.7m€12.3m€13.1m€12.5m€12.7m▲ 1.4%
Land and buildings22---€0.1m€0.2m€0.5m€0.5m€0.6m▲ 31.4%
Plant, machinery and equipment23---€7.7m€10.9m€11.3m€10.7m€10.8m▲ 1.1%
Furniture and vehicles24---€0.8m€1.1m€1.3m€1.3m€1.2m▼ 6.1%
Leasing and similar rights25---€0.05m€0.02m€0.005m€0--
Financial fixed assets28---€0.02m€0.02m€0.02m€0.04m€0.04m=
Other financial fixed assets284/8---€0.02m€0.02m€0.02m€0.04m€0.04m=
Amounts receivable and cash guarantees285/8---€0.02m€0.02m€0.02m€0.04m€0.04m=
Current assets29/58€20.3m€21.5m€22.4m€43.0m€44.1m€37.7m€39.5m€36.2m▼ 8.3%
Stocks and contracts in progress3€5.6m€5.0m€5.0m€19.4m€23.7m€15.6m€17.7m€15.6m▼ 11.9%
Stocks30/36---€19.4m€23.7m€15.6m€17.7m€15.6m▼ 11.9%
Raw materials and consumables30/31---€16.3m€19.9m€10.6m€13.2m€10.9m▼ 17.6%
Work in progress32---€3.1m€3.8m€5.0m€4.5m€4.7m▲ 4.9%
Amounts receivable within one year40/41€5.4m€4.4m€4.6m€7.9m€7.0m€7.8m€7.9m€11.3m▲ 42.0%
Trade receivables40---€7.5m€6.6m€7.1m€6.7m€9.9m▲ 48.3%
Other amounts receivable41---€0.4m€0.4m€0.7m€1.2m€1.3m▲ 7.8%
Current investments50/53€5.8m€6.3m€7.3m€12.4m€12.2m€12.4m€11.7m€7.1m▼ 39.7%
Other investments51/53---€12.4m€12.2m€12.4m€11.7m€7.1m▼ 39.7%
Cash at bank and in hand54/58€3.1m€5.5m€5.3m€3.1m€1.1m€1.8m€2.0m€2.2m▲ 8.1%
Deferred charges and accrued income490/1---€0.06m€0.1m€0.07m€0.05m€0.06m▲ 19.6%
Equity and liabilities
Total equity and liabilities10/49€23.9m€25.5m€25.2m€51.7m€56.4m€50.8m€52.0m€48.9m▼ 5.9%
Equity10/15€12.3m€12.4m€13.5m€35.9m€38.0m€37.4m€38.2m€35.7m▼ 6.4%
Contributions10/11€0.4m€0.4m€0.4m€4.6m€4.6m€4.6m€4.6m€4.6m=
Capital10---€4.6m€4.6m€4.6m€4.6m€4.6m=
Issued capital100---€4.6m€4.6m€4.6m€4.6m€4.6m=
Reserves13€12.0m€12.0m€13.1m€31.3m€33.4m€32.8m€33.6m€31.1m▼ 7.3%
Non-distributable reserves130/1---€0.5m€0.5m€0.5m€0.5m€0.5m=
Legal reserve130---€0.5m€0.5m€0.5m€0.5m€0.5m=
Tax-exempt reserves132---€0.05m€0.05m€0.04m€0.03m€0.03m▼ 2.2%
Distributable reserves133---€30.7m€32.9m€32.3m€33.1m€30.6m▼ 7.4%
Investment grants15---€0.01m€0.01m€0.01m€0.01m€0.01m=
Provisions and deferred taxes16€1.5m€1.2m€1.0m€1.9m€1.2m€0.6m€0.4m€0.3m▼ 21.1%
Provisions for liabilities and charges160/5---€1.9m€1.2m€0.6m€0.4m€0.3m▼ 21.1%
Other liabilities and charges164/5---€1.9m€1.2m€0.6m€0.4m€0.3m▼ 21.1%
Deferred taxes168---€0.006m€0.004m€0.002m€258€0▼ 100%
Amounts payable17/49€10.1m€11.9m€10.7m€13.9m€17.2m€12.8m€13.4m€12.9m▼ 4.0%
Amounts payable after more than one year17€0.03m€0.03m€0.02m€0.02m€0.005m€0---
Financial debts170/4---€0.02m€0.005m€0---
Leasing and similar obligations172---€0.02m€0.005m€0---
Amounts payable within one year42/48€10.0m€11.9m€10.6m€13.8m€17.1m€12.7m€13.4m€12.8m▼ 3.9%
Current portion of amounts payable after more than one year42---€0.03m€0.01m€0.004m€0--
Trade debts44€8.1m€10.2m€9.2m€10.6m€11.1m€7.0m€7.2m€7.6m▲ 6.7%
Suppliers440/4---€10.6m€11.1m€7.0m€7.2m€7.6m▲ 6.7%
Taxes, remuneration and social security45---€3.2m€2.9m€2.7m€3.2m€3.2m▼ 0.1%
Taxes450/3---€0.7m€0.8m€0.05m€0.4m€0.4m▼ 6.9%
Remuneration and social security454/9---€2.5m€2.2m€2.6m€2.8m€2.8m▲ 0.9%
Other amounts payable47/48----€3.0m€3.0m€3.0m€2.0m▼ 33.3%
Accrued charges and deferred income492/3---€0.08m€0.1m€0.08m€0.08m€0.06m▼ 25.1%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2.1m€0.08m€1.1m€4.0m€2.1m-€0.6m€0.8m-€2.5m-
+ Depreciation and write-downs630€1.4m€1.9m€1.8m€1.9m€2.3m€2.8m€3.3m€3.8m▲ 13.9%
Operating cash flow (approximation)-€0.6m€2.0m€2.9m€5.9m€4.4m€2.2m€4.1m€1.3m▼ 67.8%
Investment in fixed assets (approximation)--€2.3m-€0.7m-€7.8m-€5.9m-€3.7m-€2.8m-€4.0m▼ 43.3%
Change in cash-€2.4m-€0.3m-€2.1m-€2.1m€0.8m€0.2m€0.2m▼ 15.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 39 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 27-07-2026 2026-00359783
31-12-2024 full format 09-07-2025 2025-00254128
31-12-2023 full format 25-07-2024 2024-00299626
31-12-2022 full format 25-07-2023 2023-00267243
31-12-2021 full format 19-07-2022 2022-20207381
31-12-2020 full format 22-07-2021 2021-38700451
31-12-2019 full format 23-07-2020 2020-33500237
31-12-2018 full format 24-07-2019 2019-37700274
31-12-2017 full format 20-07-2018 2018-35400330
31-12-2016 full format 19-07-2017 2017-33500524

Show all 39 filings

Similar companies · same sector, comparable size

Of the 191 active companies whose main activity is manufacture of basic metals (NACE 24100), figures are known for 137. 33 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €62,864 awarded · €62,864 paid
Year Entries AwardedPaid
2025 1 €6,986€6,986
2024 1 €18,931€18,931
2023 1 €27,839€29,961
2022 1 €9,108€6,986
Schemes
4 entries · €62,864 · €62,864 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.