Summary
PROTECT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €187k and a net result of €165k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 33% of 1482 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
36 d early
2023
6 d early
2022
7 d early
2021
54 d early
2020
15 d early
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€187k=
2024 · €187k
2018: €239khighest in 8 years
2019: €219k▼ -8.2% vs 2018
2020: €191k▼ -12.9% vs 2019
2021: €189k▼ -1.1% vs 2020
2022: €186k▼ -1.6% vs 2021
2023: €181k▼ -2.6% vs 2022lowest in 8 years
2024: €187k▲ +3.6% vs 2023
2025: €187k● -0.0% vs 2024
2018 → 2025
Net result
€165k▼ 3.8%
2024 · €171k
2018: €125k
2019: €26k▼ -79.6% vs 2018lowest in 8 years
2020: €43k▲ +69.8% vs 2019
2021: €43k▼ -1.2% vs 2020
2022: €57k▲ +33.0% vs 2021
2023: €85k▲ +49.6% vs 2022
2024: €171k▲ +101% vs 2023highest in 8 years
2025: €165k▼ -3.8% vs 2024
2018 → 2025
Total assets
€800k▲ 37.7%
2024 · €581k
2018: €960khighest in 8 years
2019: €836k▼ -12.9% vs 2018
2020: €775k▼ -7.4% vs 2019
2021: €686k▼ -11.4% vs 2020
2022: €621k▼ -9.6% vs 2021
2023: €573k▼ -7.6% vs 2022lowest in 8 years
2024: €581k▲ +1.3% vs 2023
2025: €800k▲ +37.7% vs 2024
2018 → 2025
Solvency
23.4%▼ 8.8pp
2024 · 32.2%
2018: 24.9%
2019: 26.2%▲ +5.4% vs 2018
2020: 24.6%▼ -5.9% vs 2019
2021: 27.5%▲ +11.6% vs 2020
2022: 29.9%▲ +8.8% vs 2021
2023: 31.5%▲ +5.4% vs 2022
2024: 32.2%▲ +2.2% vs 2023highest in 8 years
2025: 23.4%▼ -27.4% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€189k-€186k▼ 1.6%€181k▼ 2.6%€187k▲ 3.6%€187k=
2021: €189khighest in 5 years
2022: €186k▼ -1.6% vs 2021
2023: €181k▼ -2.6% vs 2022lowest in 5 years
2024: €187k▲ +3.6% vs 2023
2025: €187k● -0.0% vs 2024
Operating result€53k-€66k▲ 24.6%€93k▲ 40.1%€179k▲ 92.8%€172k▼ 3.8%
2021: €53klowest in 5 years
2022: €66k▲ +24.6% vs 2021
2023: €93k▲ +40.1% vs 2022
2024: €179k▲ +92.8% vs 2023highest in 5 years
2025: €172k▼ -3.8% vs 2024
Net result€43k-€57k▲ 33.0%€85k▲ 49.6%€171k▲ 101%€165k▼ 3.8%
2021: €43klowest in 5 years
2022: €57k▲ +33.0% vs 2021
2023: €85k▲ +49.6% vs 2022
2024: €171k▲ +101% vs 2023highest in 5 years
2025: €165k▼ -3.8% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €800k
Fixed assets
€460k ▲ 82.6%
Current assets
€340k ▲ 3.4%
Equity and liabilities €800k
Equity
€187k =
Debt
€613k ▲ 55.7%
Debt's share of the balance-sheet total rises from 67.8% to 76.6%. Debt is higher.
Key figures and ratios
ROE
88.1%▼
2024 · 91.6%
ROA
20.6%▼
2024 · 29.5%
Debt ≤ 1 year
€283k▲
2024 · €253k
Debt > 1 year
€329k▲
2024 · €140k
Income taxes
€2k▼
2024 · €3k
Staff costs
€101k▲
2024 · €93k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€581k€800k▲
Fixed assets21/28€252k€460k▲
Intangible fixed assets21€107k€328k▲
Tangible fixed assets22/27€137k€124k▼
Land and buildings22€133k€121k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€8k€8k=
Current assets29/58€329k€340k▲
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40€1k€2k▲
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€313k€315k▲
Deferred charges and accrued income490/1€14k€22k▲
Equity and liabilities
Total equity and liabilities10/49€581k€800k▲
Equity10/15€187k€187k=
Contributions10/11€98k€98k=
Reserves13€89k€89k▼
Distributable reserves133€89k€89k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€394k€613k▲
Amounts payable after more than one year17€140k€329k▲
Financial debts170/4€140k€329k▲
Amounts payable within one year42/48€253k€283k▲
Current portion of amounts payable after more than one year42€68k€96k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€16k€15k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€14k€14k▼
Other amounts payable47/48€165k€166k▲
Accrued charges and deferred income492/3€153€177▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€93k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€81k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€344k€360k▲
Operating profit (loss)9901€179k€172k▼
Financial income75/76B€35€29▼
Recurring financial income75€35€29▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€175k€167k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€171k€165k▼
Profit (loss) for the period to be appropriated9905€171k€165k▼
Appropriation of the result
Profit (loss) to be appropriated9906€171k€165k▼
Transfer from equity791/2€0€91▲
Transfer to equity691/2€6k€0▼
To other reserves6921€6k€0▼
Profit to be distributed694/7€165k€165k=
Directors or managers695€165k€165k=
Social balance
Average headcount (FTE)90871.41.5▲
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €125k | €132k | €143k | €93k | €101k | ▲ 8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78k | €78k | €77k | €67k | €81k | ▲ 21.6% |
| Other operating charges640/8 | €6k | €6k | €6k | €5k | €5k | ▲ 1.1% |
| Gross operating margin9900 | €262k | €282k | €319k | €344k | €360k | ▲ 4.6% |
| Operating profit (loss)9901 | €53k | €66k | €93k | €179k | €172k | ▼ 3.8% |
| Financial income75/76B | €0 | €0 | €15 | €35 | €29 | ▼ 16.8% |
| Recurring financial income75 | €0 | €0 | €15 | €35 | €29 | ▼ 16.8% |
| Financial charges65/66B | €8k | €7k | €6k | €4k | €5k | ▲ 22.0% |
| Recurring financial charges65 | €8k | €7k | €6k | €4k | €5k | ▲ 22.0% |
| Profit (loss) for the period before taxes9903 | €46k | €60k | €87k | €175k | €167k | ▼ 4.5% |
| Income taxes67/77 | €3k | €3k | €2k | €3k | €2k | ▼ 38.9% |
| Profit (loss) for the period9904 | €43k | €57k | €85k | €171k | €165k | ▼ 3.8% |
| Profit (loss) for the period to be appropriated9905 | €43k | €57k | €85k | €171k | €165k | ▼ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €686k | €621k | €573k | €581k | €800k | ▲ 37.7% |
| Fixed assets21/28 | €475k | €397k | €320k | €252k | €460k | ▲ 82.6% |
| Intangible fixed assets21 | €266k | €213k | €160k | €107k | €328k | ▲ 208% |
| Tangible fixed assets22/27 | €201k | €176k | €152k | €137k | €124k | ▼ 9.7% |
| Land and buildings22 | €183k | €164k | €145k | €133k | €121k | ▼ 8.9% |
| Plant, machinery and equipment23 | €849 | €308 | €0 | - | - | - |
| Furniture and vehicles24 | €356 | €0 | - | - | - | - |
| Leasing and similar rights25 | €8k | €5k | €1k | €0 | - | - |
| Other tangible fixed assets26 | €8k | €7k | €6k | €4k | €3k | ▼ 33.3% |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €211k | €223k | €254k | €329k | €340k | ▲ 3.4% |
| Amounts receivable within one year40/41 | €26k | €6k | €6k | €3k | €3k | ▲ 34.8% |
| Trade receivables40 | €14k | €6k | €5k | €1k | €2k | ▲ 66.6% |
| Other amounts receivable41 | €12k | €457 | €901 | €1k | €1k | ▼ 7.7% |
| Cash at bank and in hand54/58 | €166k | €199k | €231k | €313k | €315k | ▲ 0.8% |
| Deferred charges and accrued income490/1 | €19k | €19k | €17k | €14k | €22k | ▲ 56.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €686k | €621k | €573k | €581k | €800k | ▲ 37.7% |
| Equity10/15 | €189k | €186k | €181k | €187k | €187k | = |
| Contributions10/11 | €98k | €98k | €98k | €98k | €98k | = |
| Reserves13 | €90k | €87k | €82k | €89k | €89k | ▼ 0.1% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €90k | €87k | €82k | €89k | €89k | ▼ 0.1% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €498k | €435k | €393k | €394k | €613k | ▲ 55.7% |
| Amounts payable after more than one year17 | €346k | €276k | €208k | €140k | €329k | ▲ 135% |
| Financial debts170/4 | €346k | €276k | €208k | €140k | €329k | ▲ 135% |
| Amounts payable within one year42/48 | €152k | €158k | €184k | €253k | €283k | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | €68k | €70k | €68k | €68k | €96k | ▲ 40.7% |
| Trade debts44 | €21k | €5k | €13k | €4k | €7k | ▲ 52.0% |
| Suppliers440/4 | €21k | €5k | €13k | €4k | €7k | ▲ 52.0% |
| Taxes, remuneration and social security45 | €17k | €23k | €12k | €16k | €15k | ▼ 4.1% |
| Taxes450/3 | €4k | €3k | €0 | €2k | €1k | ▼ 10.8% |
| Remuneration and social security454/9 | €13k | €20k | €12k | €14k | €14k | ▼ 3.4% |
| Other amounts payable47/48 | €45k | €60k | €90k | €165k | €166k | ▲ 0.4% |
| Accrued charges and deferred income492/3 | - | €872 | €368 | €153 | €177 | ▲ 15.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €57k | €85k | €171k | €165k | ▼ 3.8% |
| + Depreciation and write-downs630 | €78k | €78k | €77k | €67k | €81k | ▲ 21.6% |
| Operating cash flow (approximation) | €121k | €135k | €163k | €238k | €246k | ▲ 3.3% |
| Investment in fixed assets (approximation) | - | €75 | €0 | €1k | €-289k | ▼ 21,891% |
| Change in cash | - | €33k | €32k | €82k | €2k | ▼ 97.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €171k ▲101%
Operating result €179k, net result €171k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €26k ▼79.6%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heist-op-den-Berg · 3 establishment units since 2003
Ground area
1,534 m²
Building footprint
468 m²
Volume, LiDAR
2,392 m³
3 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
3 establishment units
Protect bvba kantoor Mechelen
since 20032.123.200.039
Protect bvba Kantoor Schriek
since 20032.123.200.138
Protect bvba kantoor Bonheiden
since 20172.270.907.580
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402E0265/00F003 | Flanders | 638 m² | 1 · 118 m² | 10.1 m · 2 fl. |
| 12033B0198/00V003 | Flanders | 620 m² | 1 · 265 m² | 10.1 m · 1 fl. |
| 12005C0483/00R000 | Flanders | 275 m² | 1 · 85 m² | 11.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,219. 2,825 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Scores and ratios are computed by Checked and are not a credit decision.