1-2 PROTECT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
1-2 PROTECT
Largest movements
- Receivables within one year +€4,078
up €4,078 (+241%), from €1,695 to €5,773
- Cash +€2,214
up €2,214 (+29.5%), from €7,514 to €9,727
mainly Tax, wage and social debts (+€4,870) and Net result for the year (+€1,423)
- Stocks and contracts -€1,096
down €1,096 (-50.0%), from €2,192 to €1,096
- Tax, wage and social debts +€4,870
up €4,870 (+849%), from €574 to €5,444
of which Taxes: +€2,504
- Other debts -€1,924
down €1,924 (-54.0%), from €3,563 to €1,639
- Profit (loss) carried forward +€1,423
up €1,423 (+3.0%), from -€47,848 to -€46,425
- Trade debts +€830
up €830 (+181%), from €460 to €1,290
- Gross operating margin +€831
up €831 (+22.0%), from €3,783 to €4,614
- Financial charges +€186
up €186 (+9.7%), from €1,909 to €2,095
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,748 | €16,947 | +€5,198 | +44.2% |
| Fixed assets | 21/28 | €175 | €175 | = | 0.0% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €11,573 | €16,772 | +€5,198 | +44.9% |
| Stocks and contracts in progress | 3 | €2,192 | €1,096 | -€1,096 | -50.0% |
| Stocks | 30/36 | €2,192 | €1,096 | -€1,096 | -50.0% |
| Amounts receivable within one year | 40/41 | €1,695 | €5,773 | +€4,078 | +241% |
| Trade receivables | 40 | €1,695 | €5,773 | +€4,078 | +241% |
| Cash at bank and in hand | 54/58 | €7,514 | €9,727 | +€2,214 | +29.5% |
| Deferred charges and accrued income | 490/1 | €173 | €176 | +€3 | +1.4% |
| Total equity and liabilities | 10/49 | €11,748 | €16,947 | +€5,198 | +44.2% |
| Equity | 10/15 | -€17,848 | -€16,425 | +€1,423 | +8.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,848 | -€46,425 | +€1,423 | +3.0% |
| Amounts payable | 17/49 | €29,596 | €33,372 | +€3,776 | +12.8% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,596 | €8,372 | +€3,776 | +82.1% |
| Trade debts | 44 | €460 | €1,290 | +€830 | +181% |
| Suppliers | 440/4 | €460 | €1,290 | +€830 | +181% |
| Taxes, remuneration and social security | 45 | €574 | €5,444 | +€4,870 | +849% |
| Taxes | 450/3 | €574 | €3,078 | +€2,504 | +436% |
| Remuneration and social security | 454/9 | - | €2,366 | +€2,366 | |
| Other amounts payable | 47/48 | €3,563 | €1,639 | -€1,924 | -54.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,096 | €1,096 | = | 0.0% |
| Gross operating margin | 9900 | €3,783 | €4,614 | +€831 | +22.0% |
| Operating profit (loss) | 9901 | €2,687 | €3,518 | +€831 | +30.9% |
| Financial charges | 65/66B | €1,909 | €2,095 | +€186 | +9.7% |
| Recurring financial charges | 65 | €1,909 | €2,095 | +€186 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €778 | €1,423 | +€645 | +82.9% |
| Profit (loss) for the period | 9904 | €778 | €1,423 | +€645 | +82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €778 | €1,423 | +€645 | +82.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.