Protea Consulting: 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.
Protea Consulting
Largest movements
- Cash -€38,795
down €38,795 (-43.6%), from €88,993 to €50,198
mainly Contributions, distributions and other (-€54,000) and Other debts (-€25,208)
- Receivables within one year +€8,062
up €8,062 (+37.9%), from €21,283 to €29,345
of which Other amounts receivable: +€5,280
- Deferred charges and accrued income +€2,265
up €2,265 (+103.3%), from €2,193 to €4,459
- Other debts -€25,208
down €25,208 (-30.3%), from €83,296 to €58,089
- Trade debts -€1,778
down €1,778 (-76.9%), from €2,313 to €535
- Tax, wage and social debts -€1,652
down €1,652 (-16.1%), from €10,285 to €8,633
- Gross operating margin -€32,935
down €32,935 (-30.2%), from €109,065 to €76,129
- Taxes -€7,992
down €7,992 (-31.5%), from €25,384 to €17,393
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 | €117,680 | €88,485 | -€29,195 | -24.8% |
| Fixed assets | 21/28 | €5,210 | €4,483 | -€728 | -14.0% |
| Tangible fixed assets | 22/27 | €5,210 | €4,483 | -€728 | -14.0% |
| Furniture and vehicles | 24 | €3,541 | €3,372 | -€169 | -4.8% |
| Other tangible fixed assets | 26 | €1,670 | €1,111 | -€559 | -33.5% |
| Current assets | 29/58 | €112,470 | €84,002 | -€28,468 | -25.3% |
| Amounts receivable within one year | 40/41 | €21,283 | €29,345 | +€8,062 | +37.9% |
| Trade receivables | 40 | €21,283 | €24,065 | +€2,782 | +13.1% |
| Other amounts receivable | 41 | - | €5,280 | +€5,280 | |
| Cash at bank and in hand | 54/58 | €88,993 | €50,198 | -€38,795 | -43.6% |
| Deferred charges and accrued income | 490/1 | €2,193 | €4,459 | +€2,265 | +103.3% |
| Total equity and liabilities | 10/49 | €117,680 | €88,485 | -€29,195 | -24.8% |
| Equity | 10/15 | €21,786 | €21,229 | -€558 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,326 | €769 | -€558 | -42.1% |
| Amounts payable | 17/49 | €95,894 | €67,257 | -€28,637 | -29.9% |
| Amounts payable within one year | 42/48 | €95,894 | €67,257 | -€28,637 | -29.9% |
| Trade debts | 44 | €2,313 | €535 | -€1,778 | -76.9% |
| Suppliers | 440/4 | €2,313 | €535 | -€1,778 | -76.9% |
| Taxes, remuneration and social security | 45 | €10,285 | €8,633 | -€1,652 | -16.1% |
| Taxes | 450/3 | €10,285 | €8,633 | -€1,652 | -16.1% |
| Other amounts payable | 47/48 | €83,296 | €58,089 | -€25,208 | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,021 | €2,783 | +€762 | +37.7% |
| Other operating charges | 640/8 | €974 | €996 | +€22 | +2.3% |
| Gross operating margin | 9900 | €109,065 | €76,129 | -€32,935 | -30.2% |
| Operating profit (loss) | 9901 | €106,069 | €72,350 | -€33,719 | -31.8% |
| Financial income | 75/76B | €712 | €580 | -€133 | -18.6% |
| Recurring financial income | 75 | €712 | €580 | -€133 | -18.6% |
| Financial charges | 65/66B | €2,368 | €2,095 | -€273 | -11.5% |
| Recurring financial charges | 65 | €2,368 | €2,095 | -€273 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €104,413 | €70,835 | -€33,578 | -32.2% |
| Income taxes | 67/77 | €25,384 | €17,393 | -€7,992 | -31.5% |
| Profit (loss) for the period | 9904 | €79,029 | €53,442 | -€25,587 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,029 | €53,442 | -€25,587 | -32.4% |
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 9 October 2026 via checked.be.