PROTECTION UNIT
ActiveSummary
PROTECTION UNIT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.75M and a net result of €1.61M. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.3% (very low).
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Financials · fiscal year 2024, unclassified schema
Filed annual accounts As filed with the NBB · 2024 against 2023 · 82 lines
The notes to these accounts (80 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €77.85M | €104.06M | €148.67M | €150.08M | ▲ 1.0% |
| Turnover70 | €30.82M | €67.98M | €86.67M | €129.76M | €138.13M | ▲ 6.4% |
| Own construction capitalised72 | - | €564k | €1.20M | €1.02M | - | - |
| Other operating income74 | - | €9.31M | €12.11M | €17.20M | €11.91M | ▼ 30.7% |
| Non-recurring operating income76A | - | - | €4.09M | €691k | €45k | ▼ 93.5% |
| Operating charges60/66A | - | €77.44M | €105.69M | €147.41M | €146.24M | ▼ 0.8% |
| Goods for resale, raw materials and consumables60 | - | €3.19M | €2.49M | €2.46M | €4.90M | ▲ 99.1% |
| Purchases600/8 | - | €3.19M | €2.49M | €2.46M | €4.90M | ▲ 99.1% |
| Services and other goods61 | - | €3.62M | €5.13M | €6.27M | €5.86M | ▼ 6.6% |
| Remuneration, social security and pensions62 | - | €64.47M | €90.41M | €131.85M | €128.39M | ▼ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €312k | €1.12M | €1.79M | €3.14M | €3.01M | ▼ 4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €36k | €104k | €-98k | €0 | ▲ 100% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €379k | €-379k | €1.69M | ▲ 546% |
| Other operating charges640/8 | - | €3.46M | €1.91M | €3.50M | €2.01M | ▼ 42.5% |
| Non-recurring operating charges66A | - | €1.53M | €3.48M | €665k | €377k | ▼ 43.2% |
| Operating profit (loss)9901 | €567k | €409k | €-1.63M | €1.26M | €3.85M | ▲ 205% |
| Financial income75/76B | - | €44k | €54k | €36k | €15k | ▼ 59.8% |
| Recurring financial income75 | €6k | €2k | €54k | €36k | €15k | ▼ 59.8% |
| Income from financial fixed assets750 | - | €139 | €4k | - | - | - |
| Income from current assets751 | - | €1k | €2 | €12k | €2k | ▼ 86.8% |
| Other financial income752/9 | - | €245 | €51k | €25k | €13k | ▼ 47.1% |
| Non-recurring financial income76B | - | €42k | - | - | - | - |
| Financial charges65/66B | - | €213k | €462k | €1.60M | €1.65M | ▲ 2.9% |
| Recurring financial charges65 | €103k | €213k | €462k | €1.60M | €1.65M | ▲ 2.9% |
| Debt charges650 | €8k | €22k | €177k | €504k | €817k | ▲ 62.0% |
| Other financial charges652/9 | - | €191k | €285k | €1.10M | €829k | ▼ 24.3% |
| Profit (loss) for the period before taxes9903 | €470k | €240k | €-2.04M | €-303k | €2.22M | ▲ 831% |
| Income taxes67/77 | €230k | €220k | €290k | €219k | €606k | ▲ 176% |
| Taxes670/3 | - | €220k | €290k | €219k | €809k | ▲ 269% |
| Tax adjustments and reversals of tax provisions77 | - | - | €21 | - | €203k | - |
| Profit (loss) for the period9904 | €241k | €20k | €-2.33M | €-522k | €1.61M | ▲ 408% |
| Profit (loss) for the period to be appropriated9905 | €241k | €20k | €-2.33M | €-522k | €1.61M | ▲ 408% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.18M | €31.80M | €56.86M | €69.71M | €62.89M | ▼ 9.8% |
| Formation expenses20 | €16k | - | - | - | - | - |
| Fixed assets21/28 | €2.37M | €5.50M | €9.59M | €10.48M | €10.32M | ▼ 1.5% |
| Intangible fixed assets21 | €66k | €1.62M | €3.02M | €3.10M | €2.44M | ▼ 21.4% |
| Tangible fixed assets22/27 | €701k | €2.42M | €5.12M | €5.41M | €3.91M | ▼ 27.6% |
| Plant, machinery and equipment23 | - | €1.34M | €3.58M | €2.97M | €2.01M | ▼ 32.2% |
| Furniture and vehicles24 | - | €412k | €503k | €463k | €332k | ▼ 28.3% |
| Leasing and similar rights25 | - | €16k | €657k | €1.67M | €1.34M | ▼ 19.6% |
| Other tangible fixed assets26 | - | €385k | €374k | €304k | €225k | ▼ 25.9% |
| Assets under construction and advance payments27 | - | €267k | €12k | - | - | - |
| Financial fixed assets28 | €1.60M | €1.45M | €1.45M | €1.97M | €3.97M | ▲ 102% |
| Affiliated companies280/1 | - | €1.44M | €1.44M | €1.49M | €3.42M | ▲ 129% |
| Amounts receivable281 | - | €1.44M | €1.44M | €1.49M | €3.42M | ▲ 129% |
| Other financial fixed assets284/8 | - | €10k | €10k | €476k | €555k | ▲ 16.7% |
| Amounts receivable and cash guarantees285/8 | - | €10k | €10k | €476k | €555k | ▲ 16.7% |
| Current assets29/58 | €11.80M | €26.30M | €47.27M | €59.23M | €52.56M | ▼ 11.3% |
| Amounts receivable within one year40/41 | €11.03M | €25.36M | €46.36M | €55.62M | €46.35M | ▼ 16.7% |
| Trade receivables40 | - | €18.56M | €32.58M | €37.22M | €34.94M | ▼ 6.1% |
| Other amounts receivable41 | - | €6.80M | €13.79M | €18.41M | €11.41M | ▼ 38.0% |
| Cash at bank and in hand54/58 | €608k | €674k | €615k | €3.15M | €5.57M | ▲ 76.9% |
| Deferred charges and accrued income490/1 | - | €259k | €288k | €465k | €647k | ▲ 39.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.18M | €31.80M | €56.86M | €69.71M | €62.89M | ▼ 9.8% |
| Equity10/15 | €1.09M | €2.99M | €665k | €143k | €1.75M | ▲ 1,123% |
| Contributions10/11 | - | €2.90M | €2.90M | €2.90M | €2.90M | = |
| Revaluation surpluses12 | - | €131k | €131k | €131k | €131k | = |
| Reserves13 | €153k | €153k | €153k | €153k | €153k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €1k | €1k | €1k | €1k | = |
| Distributable reserves133 | - | €150k | €150k | €150k | €150k | = |
| Profit (loss) carried forward14 | €-216k | €-196k | €-2.52M | €-3.04M | €-1.44M | ▲ 52.8% |
| Provisions and deferred taxes16 | - | - | €879k | €545k | €2.25M | ▲ 312% |
| Provisions for liabilities and charges160/5 | - | - | €879k | €545k | €2.25M | ▲ 312% |
| Other liabilities and charges164/5 | - | - | €879k | €545k | €2.25M | ▲ 312% |
| Amounts payable17/49 | €13.10M | €28.80M | €55.32M | €69.02M | €58.89M | ▼ 14.7% |
| Amounts payable after more than one year17 | €2.79M | €1.87M | €3.60M | €22.28M | €16.43M | ▼ 26.2% |
| Financial debts170/4 | - | €988k | €2.72M | €2.27M | €1.09M | ▼ 52.0% |
| Leasing and similar obligations172 | - | €364k | €458k | €1.09M | €638k | ▼ 41.6% |
| Credit institutions173 | - | €624k | €2.26M | €1.18M | €453k | ▼ 61.6% |
| Other amounts payable178/9 | - | €880k | €878k | €20.00M | €15.34M | ▼ 23.3% |
| Amounts payable within one year42/48 | €10.30M | €26.82M | €51.72M | €46.72M | €42.09M | ▼ 9.9% |
| Current portion of amounts payable after more than one year42 | - | €2.93M | €2.57M | €3.86M | €1.26M | ▼ 67.2% |
| Financial debts43 | - | €5.64M | €17.55M | €17.00M | €13.07M | ▼ 23.1% |
| Credit institutions430/8 | - | €5.64M | €17.55M | €17.00M | €13.07M | ▼ 23.1% |
| Trade debts44 | €3.24M | €4.91M | €4.29M | €2.65M | €3.60M | ▲ 36.3% |
| Suppliers440/4 | - | €4.91M | €4.29M | €2.65M | €3.60M | ▲ 36.3% |
| Taxes, remuneration and social security45 | - | €13.31M | €26.84M | €22.80M | €24.02M | ▲ 5.4% |
| Taxes450/3 | - | €1.38M | €2.04M | €1.38M | €1.94M | ▲ 40.4% |
| Remuneration and social security454/9 | - | €11.93M | €24.81M | €21.42M | €22.08M | ▲ 3.1% |
| Other amounts payable47/48 | - | €33k | €463k | €422k | €122k | ▼ 71.2% |
| Accrued charges and deferred income492/3 | - | €112k | - | €24k | €369k | ▲ 1,447% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €241k | €20k | €-2.33M | €-522k | €1.61M | ▲ 408% |
| + Depreciation and write-downs630 | €312k | €1.12M | €1.79M | €3.14M | €3.01M | ▼ 4.1% |
| Operating cash flow (approximation) | €553k | €1.14M | €-532k | €2.62M | €4.62M | ▲ 76.5% |
| Investment in fixed assets (approximation) | - | €-4.26M | €-5.89M | €-4.03M | €-2.85M | ▲ 29.1% |
| Change in cash | - | €66k | €-60k | €2.53M | €2.42M | ▼ 4.4% |
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
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About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065C0220/00G000 | Wallonia | 606 m² | 1 · 578 m² | 12.9 m · 4 fl. |
Linked by address, not proof of ownership
Structure & network
Acquisitions and mergers
1 transactionPublic money · subsidies and aid
European Union, budget
2022 to 2025 · 91 entries · 136,356,300 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 29 | 29,213,676 EUR |
| 2024 | 22 | 47,833,526 EUR |
| 2023 | 29 | 35,958,387 EUR |
| 2022 | 11 | 23,350,711 EUR |
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