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PROTECTOR SECURITY

Active
Private limited companyfounded 2021active for 5 yearsTige de l'Homme sauvage(H) 7, 5370 Havelange, BelgiumKBO/BCE: BE 0769.654.715
Summary

PROTECTOR SECURITY has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,533 and a net result of €6,335. Equity is growing by about 69% per year across the filed financial years. Its solvency ranks better than 35% of 319 sector peers (NACE 80, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
€10,533▼ 42.1%
2024 · €18,198
Total assets
€41,196▲ 20.2%
2024 · €34,267
Net result
€6,335▼ 62.9%
2024 · €17,062
Working capital
€10,294▼ 42.4%
2024 · €17,859
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 53% below 2024.

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

Operating result€9,226 2025 Net result€6,335 2025

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

Sector: the middle half of NACE 80, Investigation and security activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€11,992-€4,291€19,506▲ 355%€9,226▼ 52.7%
Net result-€12,577below the sector's middle half-€3,714within the sector's middle half€17,062within the sector's middle half▲ 359%€6,335within the sector's middle half▼ 62.9%
Equity-€2,577below the sector's middle half-€1,137below the sector's middle half€18,198within the sector's middle half▲ 1,501%€10,533within the sector's middle half▼ 42.1%
Total assets€3,142below the sector's middle half-€14,347below the sector's middle half▲ 357%€34,267below the sector's middle half▲ 139%€41,196below the sector's middle half▲ 20.2%
Debt€5,719-€13,210▲ 131%€16,068▲ 21.6%€30,664▲ 90.8%
Working capital-€2,528below the sector's middle half-€745within the sector's middle half€17,859within the sector's middle half▲ 2,298%€10,294within the sector's middle half▼ 42.4%
Solvency7.9%below the sector's middle half53.1%within the sector's middle half▲ 45.2pp25.6%within the sector's middle half▼ 27.5pp
Current ratio1.06within the sector's middle half2.11within the sector's middle half▲ 1.051.34within the sector's middle half▼ 0.78
Return on assets (ROA)25.9%above the sector's middle half49.8%above the sector's middle half▲ 23.9pp15.4%within the sector's middle half▼ 34.4pp
Staff (FTE)0.42.1▲ 425%0.8▼ 61.9%
above within below the middle half of NACE 80, Investigation and security activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41,196
Fixed assets €239 ▼ 29.6%
Current assets €40,957 ▲ 20.7%
Equity and liabilities €41,196
Equity €10,533 ▼ 42.1%
Debt €30,664 ▲ 90.8%
Debt's share of the balance-sheet total rises from 46.9% to 74.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,327▼
2024 · €19,606
Cash flow
€6,435▼
2024 · €17,162
Debt to equity
2.91▲
2024 · 0.88
ROE
60.1%▼
2024 · 93.8%
Interest coverage
11.87▼
2024 · 48.32
Debt ≤ 1 year
€30,664▲
2024 · €16,068
Income taxes
€2,213▲
2024 · €2,040
Staff costs
€18,876▼
2024 · €26,534
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 6,713 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€34,267€41,196▲
Fixed assets21/28€339€239▼
Tangible fixed assets22/27€339€239▼
Plant, machinery and equipment23€339€239▼
Current assets29/58€33,927€40,957▲
Amounts receivable within one year40/41€1,812€9,522▲
Trade receivables40€1,811€9,522▲
Other amounts receivable41€1€0▼
Current investments50/53€25,000€25,025▲
Cash at bank and in hand54/58€6,654€5,875▼
Deferred charges and accrued income490/1€461€536▲
Equity and liabilities
Total equity and liabilities10/49€34,267€41,196▲
Equity10/15€18,198€10,533▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€8,198€533▼
Amounts payable17/49€16,068€30,664▲
Amounts payable within one year42/48€16,068€30,664▲
Trade debts44€294€718▲
Suppliers440/4€294€718▲
Taxes, remuneration and social security45€5,554€5,722▲
Taxes450/3€1,945€3,122▲
Remuneration and social security454/9€3,609€2,600▼
Other amounts payable47/48€10,220€24,224▲
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€26,534€18,876▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100€100=
Other operating charges640/8€387€400▲
Gross operating margin9900€46,527€28,603▼
Operating profit (loss)9901€19,506€9,226▼
Financial income75/76B€1€107▲
Recurring financial income75€1€107▲
Financial charges65/66B€406€786▲
Recurring financial charges65€406€786▲
Profit (loss) for the period before taxes9903€19,101€8,548▼
Income taxes67/77€2,040€2,213▲
Profit (loss) for the period9904€17,062€6,335▼
Profit (loss) for the period to be appropriated9905€17,062€6,335▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,198€14,533▲
Profit (loss) brought forward from the previous period14P-€8,863€8,198▲
Profit to be distributed694/7-€14,000
Return on contributions (dividend)694-€14,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62-€10,743€26,534€18,876▼ 28.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€62€100€100=
Other operating charges640/8--€387€400▲ 3.2%
Gross operating margin9900-€11,992€15,097€46,527€28,603▼ 38.5%
Operating profit (loss)9901-€11,992€4,291€19,506€9,226▼ 52.7%
Financial income75/76B--€1€107▲ 10,814%
Recurring financial income75--€1€107▲ 10,814%
Financial charges65/66B€585€578€406€786▲ 93.6%
Recurring financial charges65€585€578€406€786▲ 93.6%
Profit (loss) for the period before taxes9903-€12,577€3,714€19,101€8,548▼ 55.2%
Income taxes67/77--€2,040€2,213▲ 8.5%
Profit (loss) for the period9904-€12,577€3,714€17,062€6,335▼ 62.9%
Profit (loss) for the period to be appropriated9905-€12,577€3,714€17,062€6,335▼ 62.9%
Line2022202320242025Change
Assets
Total assets20/58€3,142€14,347€34,267€41,196▲ 20.2%
Fixed assets21/28-€440€339€239▼ 29.6%
Tangible fixed assets22/27-€440€339€239▼ 29.6%
Plant, machinery and equipment23-€440€339€239▼ 29.6%
Current assets29/58€3,142€13,907€33,927€40,957▲ 20.7%
Amounts receivable within one year40/41€298€1,871€1,812€9,522▲ 425%
Trade receivables40-€1,871€1,811€9,522▲ 426%
Other amounts receivable41€298€0€1€0▼ 100%
Current investments50/53-€11,150€25,000€25,025▲ 0.1%
Cash at bank and in hand54/58€2,794€72€6,654€5,875▼ 11.7%
Deferred charges and accrued income490/1€51€815€461€536▲ 16.3%
Equity and liabilities
Total equity and liabilities10/49€3,142€14,347€34,267€41,196▲ 20.2%
Equity10/15-€2,577€1,137€18,198€10,533▼ 42.1%
Contributions10/11€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€12,577-€8,863€8,198€533▼ 93.5%
Amounts payable17/49€5,719€13,210€16,068€30,664▲ 90.8%
Amounts payable within one year42/48€5,670€13,162€16,068€30,664▲ 90.8%
Financial debts43€108€0---
Credit institutions430/8€108€0---
Trade debts44€490€434€294€718▲ 144%
Suppliers440/4€490€434€294€718▲ 144%
Taxes, remuneration and social security45-€2,775€5,554€5,722▲ 3.0%
Taxes450/3-€1,107€1,945€3,122▲ 60.5%
Remuneration and social security454/9-€1,668€3,609€2,600▼ 28.0%
Other amounts payable47/48€5,072€9,954€10,220€24,224▲ 137%
Accrued charges and deferred income492/3€49€48€0--
Line2022202320242025Change
Profit (loss) for the period9904-€12,577€3,714€17,062€6,335▼ 62.9%
+ Depreciation and write-downs630-€62€100€100=
Operating cash flow (approximation)-€12,577€3,776€17,162€6,435▼ 62.5%
Investment in fixed assets (approximation)--€0€0-
Change in cash--€2,722€6,583-€779-

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 30-04-2026 2026-00097586
31-12-2024 micro format 29-08-2025 2025-00441543
31-12-2023 micro format 06-08-2024 2024-00342013
31-12-2022 micro format 28-06-2023 2023-00166937

Similar companies · same sector, comparable size

Of the 685 active companies whose main activity is investigation and private security services (NACE 80010), figures are known for 352. 162 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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