DB PROTEC: 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.
DB PROTEC
Largest movements
- Cash +€446,683
up €446,683 (+1,029%), from €43,429 to €490,113
mainly Current investments (+€325,000) and Net result for the year (+€262,271)
- Current investments -€325,000
no longer reported in 2025 (was €325,000)
- Receivables within one year +€281,017
up €281,017 (+126%), from €223,610 to €504,627
of which Trade receivables: +€321,017
- Stocks and contracts -€78,498
down €78,498 (-47.4%), from €165,619 to €87,121
- Tangible fixed assets -€31,296
down €31,296 (-38.6%), from €81,076 to €49,780
of which Furniture and vehicles: -€22,968
- Trade debts +€189,240
up €189,240 (+164%), from €115,662 to €304,902
- Reserves +€168,000
up €168,000 (+38.7%), from €433,860 to €601,860
- Other debts -€47,614
down €47,614 (-33.4%), from €142,500 to €94,886
- Debts after one year -€19,215
no longer reported in 2025 (was €19,215)
- Gross operating margin +€179,023
up €179,023 (+75.2%), from €238,200 to €417,223
- Taxes +€71,206
up €71,206 (+155%), from €45,921 to €117,127
- Financial income +€20,503
up €20,503 (+595%), from €3,448 to €23,952
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 | €843,497 | €1,136,762 | +€293,264 | +34.8% |
| Fixed assets | 21/28 | €81,076 | €49,780 | -€31,296 | -38.6% |
| Tangible fixed assets | 22/27 | €81,076 | €49,780 | -€31,296 | -38.6% |
| Plant, machinery and equipment | 23 | €15,301 | €6,973 | -€8,328 | -54.4% |
| Furniture and vehicles | 24 | €65,775 | €42,807 | -€22,968 | -34.9% |
| Current assets | 29/58 | €762,422 | €1,086,982 | +€324,560 | +42.6% |
| Stocks and contracts in progress | 3 | €165,619 | €87,121 | -€78,498 | -47.4% |
| Stocks | 30/36 | €165,619 | €87,121 | -€78,498 | -47.4% |
| Amounts receivable within one year | 40/41 | €223,610 | €504,627 | +€281,017 | +126% |
| Trade receivables | 40 | €143,040 | €464,057 | +€321,017 | +224% |
| Other amounts receivable | 41 | €80,570 | €40,570 | -€40,000 | -49.6% |
| Current investments | 50/53 | €325,000 | - | -€325,000 | |
| Cash at bank and in hand | 54/58 | €43,429 | €490,113 | +€446,683 | +1,029% |
| Deferred charges and accrued income | 490/1 | €4,763 | €5,122 | +€358 | +7.5% |
| Total equity and liabilities | 10/49 | €843,497 | €1,136,762 | +€293,264 | +34.8% |
| Equity | 10/15 | €456,924 | €627,195 | +€170,271 | +37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €433,860 | €601,860 | +€168,000 | +38.7% |
| Distributable reserves | 133 | €433,860 | €601,860 | +€168,000 | +38.7% |
| Profit (loss) carried forward | 14 | €4,464 | €6,735 | +€2,271 | +50.9% |
| Amounts payable | 17/49 | €386,574 | €509,567 | +€122,994 | +31.8% |
| Amounts payable after more than one year | 17 | €19,215 | - | -€19,215 | |
| Financial debts | 170/4 | €19,215 | - | -€19,215 | |
| Amounts payable within one year | 42/48 | €367,359 | €509,567 | +€142,209 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €25,160 | €19,215 | -€5,945 | -23.6% |
| Trade debts | 44 | €115,662 | €304,902 | +€189,240 | +164% |
| Suppliers | 440/4 | €115,662 | €304,902 | +€189,240 | +164% |
| Taxes, remuneration and social security | 45 | €84,037 | €90,564 | +€6,528 | +7.8% |
| Taxes | 450/3 | €79,787 | €85,130 | +€5,343 | +6.7% |
| Remuneration and social security | 454/9 | €4,249 | €5,434 | +€1,185 | +27.9% |
| Other amounts payable | 47/48 | €142,500 | €94,886 | -€47,614 | -33.4% |
| Remuneration, social security and pensions | 62 | €16,439 | €18,602 | +€2,163 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,997 | €33,329 | -€3,668 | -9.9% |
| Other operating charges | 640/8 | €1,583 | €3,135 | +€1,552 | +98.0% |
| Gross operating margin | 9900 | €238,200 | €417,223 | +€179,023 | +75.2% |
| Operating profit (loss) | 9901 | €183,181 | €362,157 | +€178,975 | +97.7% |
| Financial income | 75/76B | €3,448 | €23,952 | +€20,503 | +595% |
| Recurring financial income | 75 | €3,448 | €23,952 | +€20,503 | +595% |
| Financial charges | 65/66B | €5,271 | €6,710 | +€1,439 | +27.3% |
| Recurring financial charges | 65 | €5,271 | €6,710 | +€1,439 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €181,358 | €379,398 | +€198,040 | +109% |
| Income taxes | 67/77 | €45,921 | €117,127 | +€71,206 | +155% |
| Profit (loss) for the period | 9904 | €135,437 | €262,271 | +€126,833 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €135,437 | €262,271 | +€126,833 | +93.6% |
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 13 October 2026 via checked.be.