dB 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.
dB PROTECT
Largest movements
- Current investments +€20,000
up €20,000 (+20.0%), from €100,000 to €120,000
- Cash +€16,232
up €16,232 (+23.3%), from €69,619 to €85,851
mainly Net result for the year (+€59,133) and Stocks and contracts (+€1,227)
- Reserves +€59,133
up €59,133 (+39.1%), from €151,069 to €210,202
- Tax, wage and social debts -€19,400
down €19,400 (-70.3%), from €27,613 to €8,213
of which Taxes: -€11,839
- Gross operating margin -€17,893
down €17,893 (-11.8%), from €151,798 to €133,906
- Staff costs +€2,277
up €2,277 (+5.1%), from €44,312 to €46,590
- Financial charges -€2,176
down €2,176 (-93.1%), from €2,338 to €162
- Financial income +€1,910
up €1,910 (+16156.0%), from €12 to €1,921
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.
Cash bridge derived
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 | €225,820 | €261,765 | +€35,946 | +15.9% |
| Fixed assets | 21/28 | €804 | €571 | -€234 | -29.0% |
| Tangible fixed assets | 22/27 | €784 | €551 | -€234 | -29.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €784 | €551 | -€234 | -29.8% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €225,015 | €261,194 | +€36,179 | +16.1% |
| Stocks and contracts in progress | 3 | €15,388 | €14,161 | -€1,227 | -8.0% |
| Stocks | 30/36 | €15,388 | €14,161 | -€1,227 | -8.0% |
| Amounts receivable within one year | 40/41 | €33,935 | €36,106 | +€2,171 | +6.4% |
| Trade receivables | 40 | €33,935 | €34,074 | +€140 | +0.4% |
| Other amounts receivable | 41 | - | €2,032 | +€2,032 | |
| Current investments | 50/53 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €69,619 | €85,851 | +€16,232 | +23.3% |
| Deferred charges and accrued income | 490/1 | €6,073 | €5,077 | -€997 | -16.4% |
| Total equity and liabilities | 10/49 | €225,820 | €261,765 | +€35,946 | +15.9% |
| Equity | 10/15 | €157,269 | €216,402 | +€59,133 | +37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,069 | €210,202 | +€59,133 | +39.1% |
| Distributable reserves | 133 | €151,069 | €210,202 | +€59,133 | +39.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,551 | €45,364 | -€23,187 | -33.8% |
| Amounts payable within one year | 42/48 | €67,017 | €45,364 | -€21,653 | -32.3% |
| Trade debts | 44 | €3,660 | €2,962 | -€698 | -19.1% |
| Suppliers | 440/4 | €3,660 | €2,962 | -€698 | -19.1% |
| Taxes, remuneration and social security | 45 | €27,613 | €8,213 | -€19,400 | -70.3% |
| Taxes | 450/3 | €19,474 | €7,635 | -€11,839 | -60.8% |
| Remuneration and social security | 454/9 | €8,139 | €578 | -€7,561 | -92.9% |
| Other amounts payable | 47/48 | €35,744 | €34,189 | -€1,555 | -4.4% |
| Accrued charges and deferred income | 492/3 | €1,534 | €0 | -€1,534 | -100.0% |
| Remuneration, social security and pensions | 62 | €44,312 | €46,590 | +€2,277 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €234 | -€17 | -6.9% |
| Other operating charges | 640/8 | €687 | €694 | +€8 | +1.1% |
| Gross operating margin | 9900 | €151,798 | €133,906 | -€17,893 | -11.8% |
| Operating profit (loss) | 9901 | €106,548 | €86,388 | -€20,160 | -18.9% |
| Financial income | 75/76B | €12 | €1,921 | +€1,910 | +16156.0% |
| Recurring financial income | 75 | €12 | €1,921 | +€1,910 | +16156.0% |
| Financial charges | 65/66B | €2,338 | €162 | -€2,176 | -93.1% |
| Recurring financial charges | 65 | €2,338 | €162 | -€2,176 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | €104,222 | €88,148 | -€16,075 | -15.4% |
| Income taxes | 67/77 | €28,436 | €29,015 | +€579 | +2.0% |
| Profit (loss) for the period | 9904 | €75,787 | €59,133 | -€16,654 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,787 | €59,133 | -€16,654 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.