PROTAX: 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.
PROTAX
Largest movements
- Receivables within one year -€28,270
down €28,270 (-94.9%), from €29,796 to €1,526
of which Trade receivables: -€28,816
- Tangible fixed assets -€4,031
down €4,031 (-13.6%), from €29,719 to €25,688
of which Leasing and similar rights: -€29,688
- Cash -€3,750
down €3,750 (-71.9%), from €5,213 to €1,463
mainly Debts after one year (-€12,063) and Current portion of long-term debt (-€9,449)
- Debts after one year -€12,063
no longer reported in 2024 (was €12,063)
- Current portion of long-term debt -€9,449
no longer reported in 2024 (was €9,449)
- Profit (loss) carried forward -€5,599
down €5,599, from €3,244 to -€2,355
- Other debts -€5,103
down €5,103 (-78.5%), from €6,504 to €1,401
- Trade debts -€2,533
no longer reported in 2024 (was €2,533)
- Turnover -€81,219
no longer reported in 2024 (was €81,219)
- Purchases and services -€65,252
no longer reported in 2024 (was €65,252)
- Gross operating margin -€8,280
down €8,280 (-51.9%), from €15,967 to €7,687
- Depreciation +€4,126
up €4,126 (+100%), from €4,124 to €8,250
- Taxes +€2,113
up €2,113 (+2,425%), from €87 to €2,200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,090 | €29,039 | -€36,051 | -55.4% |
| Fixed assets | 21/28 | €30,082 | €26,051 | -€4,031 | -13.4% |
| Tangible fixed assets | 22/27 | €29,719 | €25,688 | -€4,031 | -13.6% |
| Furniture and vehicles | 24 | €31 | - | -€31 | |
| Leasing and similar rights | 25 | €29,688 | - | -€29,688 | |
| Other tangible fixed assets | 26 | - | €25,688 | +€25,688 | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €35,009 | €2,989 | -€32,020 | -91.5% |
| Amounts receivable within one year | 40/41 | €29,796 | €1,526 | -€28,270 | -94.9% |
| Trade receivables | 40 | €29,796 | €980 | -€28,816 | -96.7% |
| Other amounts receivable | 41 | - | €546 | +€546 | |
| Cash at bank and in hand | 54/58 | €5,213 | €1,463 | -€3,750 | -71.9% |
| Total equity and liabilities | 10/49 | €65,090 | €29,039 | -€36,051 | -55.4% |
| Equity | 10/15 | €30,804 | €25,205 | -€5,599 | -18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €21,360 | €21,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €19,500 | +€9,500 | +95.0% |
| Distributable reserves | 133 | €9,500 | - | -€9,500 | |
| Profit (loss) carried forward | 14 | €3,244 | -€2,355 | -€5,599 | |
| Amounts payable | 17/49 | €34,286 | €3,834 | -€30,452 | -88.8% |
| Amounts payable after more than one year | 17 | €12,063 | - | -€12,063 | |
| Financial debts | 170/4 | €12,063 | - | -€12,063 | |
| Amounts payable within one year | 42/48 | €22,223 | €3,834 | -€18,389 | -82.7% |
| Current portion of amounts payable after more than one year | 42 | €9,449 | - | -€9,449 | |
| Trade debts | 44 | €2,533 | - | -€2,533 | |
| Suppliers | 440/4 | €2,533 | - | -€2,533 | |
| Taxes, remuneration and social security | 45 | €3,737 | €2,433 | -€1,304 | -34.9% |
| Taxes | 450/3 | €3,737 | €2,433 | -€1,304 | -34.9% |
| Other amounts payable | 47/48 | €6,504 | €1,401 | -€5,103 | -78.5% |
| Turnover | 70 | €81,219 | - | -€81,219 | |
| Goods, raw materials, services and sundry goods | 60/61 | €65,252 | - | -€65,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,124 | €8,250 | +€4,126 | +100% |
| Other operating charges | 640/8 | €50 | €1,556 | +€1,506 | +3,011% |
| Gross operating margin | 9900 | €15,967 | €7,687 | -€8,280 | -51.9% |
| Operating profit (loss) | 9901 | €11,793 | -€2,119 | -€13,912 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €2,124 | €1,280 | -€844 | -39.7% |
| Recurring financial charges | 65 | €2,124 | €1,280 | -€844 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €9,676 | -€3,399 | -€13,075 | |
| Income taxes | 67/77 | €87 | €2,200 | +€2,113 | +2,425% |
| Profit (loss) for the period | 9904 | €9,589 | -€5,599 | -€15,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,589 | -€5,599 | -€15,188 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.