PROTEAS VERZEKERINGEN: what changed
What changed
PROTEAS VERZEKERINGEN
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€152,371
2024 · €1.9m-€1.8m
Equity
€126,939
2024 · €126,939
Cash
€212,697
2024 · €75,491+€137,206
Balance sheet total
€380,280
2024 · €453,520-€73,240
Largest movements
Assets
- Current investments -€180,000
down €180,000 (-100%), from €180,000 to €0
- Cash +€137,206
up €137,206 (+182%), from €75,491 to €212,697
mainly Current investments (+€180,000) and Net result for the year (+€152,371)
- Tangible fixed assets -€17,820
down €17,820 (-36.2%), from €49,190 to €31,370
of which Furniture and vehicles: -€16,326
- Receivables within one year -€12,873
down €12,873 (-9.9%), from €130,033 to €117,159
of which Other amounts receivable: -€39,258
Equity and liabilities
- Tax, wage and social debts -€30,319
down €30,319 (-31.4%), from €96,626 to €66,307
of which Taxes: -€51,431
- Other debts -€27,053
down €27,053 (-15.1%), from €179,424 to €152,371
- Trade debts -€12,491
down €12,491 (-41.9%), from €29,779 to €17,288
- Debts after one year -€6,155
down €6,155 (-41.7%), from €14,757 to €8,602
Income statement
- Gross operating margin -€2.4m
down €2.4m (-79.3%), from €3.0m to €620,373
- Taxes -€606,941
down €606,941 (-93.7%), from €647,519 to €40,578
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.9m
Gross operating margin
-€2.4m
Staff costs
-€5,055
Depreciation
+€3,848
Write-downs
-€118
Other operating charges
+€274
Financial income
-€7,484
Financial charges
+€1,114
Taxes
+€606,941
Result 2025
€152,371
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€118,626
Investment
+€176,906
Financing
-€158,325
Cash 2024
€75,491
From operations (derived)
+€118,626
Net result for the year
+€152,371
Depreciation
+€20,914
Receivables within one year
+€12,873
Deferred charges and accrued income
-€247
Trade debts
-€12,491
Tax, wage and social debts
-€30,319
Advances received
+€2,578
Other debts
-€27,053
Investment (derived)
+€176,906
Investment in fixed assets (net)
-€3,094
Current investments
+€180,000
Financing
-€158,325
Debts after one year
-€6,155
Current portion of long-term debt
+€243
Short-term financial debts
-€43
Contributions, distributions and other
-€152,371
Cash 2025
€212,697
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,520 | €380,280 | -€73,240 | -16.1% |
| Fixed assets | 21/28 | €57,590 | €39,770 | -€17,820 | -30.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €49,190 | €31,370 | -€17,820 | -36.2% |
| Furniture and vehicles | 24 | €43,421 | €27,095 | -€16,326 | -37.6% |
| Other tangible fixed assets | 26 | €5,768 | €4,275 | -€1,494 | -25.9% |
| Financial fixed assets | 28 | €8,400 | €8,400 | = | 0.0% |
| Current assets | 29/58 | €395,930 | €340,511 | -€55,420 | -14.0% |
| Amounts receivable within one year | 40/41 | €130,033 | €117,159 | -€12,873 | -9.9% |
| Trade receivables | 40 | €90,723 | €117,108 | +€26,385 | +29.1% |
| Other amounts receivable | 41 | €39,309 | €51 | -€39,258 | -99.9% |
| Current investments | 50/53 | €180,000 | €0 | -€180,000 | -100% |
| Cash at bank and in hand | 54/58 | €75,491 | €212,697 | +€137,206 | +182% |
| Deferred charges and accrued income | 490/1 | €10,407 | €10,654 | +€247 | +2.4% |
| Total equity and liabilities | 10/49 | €453,520 | €380,280 | -€73,240 | -16.1% |
| Equity | 10/15 | €126,939 | €126,939 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €65,439 | €65,439 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,717 | €6,717 | = | 0.0% |
| Distributable reserves | 133 | €52,572 | €52,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €326,582 | €253,342 | -€73,240 | -22.4% |
| Amounts payable after more than one year | 17 | €14,757 | €8,602 | -€6,155 | -41.7% |
| Financial debts | 170/4 | €14,757 | €8,602 | -€6,155 | -41.7% |
| Amounts payable within one year | 42/48 | €311,825 | €244,740 | -€67,085 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €5,911 | €6,155 | +€243 | +4.1% |
| Financial debts | 43 | €85 | €42 | -€43 | -50.9% |
| Credit institutions | 430/8 | €85 | €42 | -€43 | -50.9% |
| Trade debts | 44 | €29,779 | €17,288 | -€12,491 | -41.9% |
| Suppliers | 440/4 | €29,779 | €17,288 | -€12,491 | -41.9% |
| Advances received on contracts in progress | 46 | - | €2,578 | +€2,578 | |
| Taxes, remuneration and social security | 45 | €96,626 | €66,307 | -€30,319 | -31.4% |
| Taxes | 450/3 | €67,865 | €16,434 | -€51,431 | -75.8% |
| Remuneration and social security | 454/9 | €28,760 | €49,872 | +€21,112 | +73.4% |
| Other amounts payable | 47/48 | €179,424 | €152,371 | -€27,053 | -15.1% |
| Non-recurring operating income | 76A | €2,332,653 | €0 | -€2.3m | -100% |
| Remuneration, social security and pensions | 62 | €396,585 | €401,639 | +€5,055 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,762 | €20,914 | -€3,848 | -15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €313 | €431 | +€118 | +37.7% |
| Other operating charges | 640/8 | €2,987 | €2,713 | -€274 | -9.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,996,436 | €620,373 | -€2.4m | -79.3% |
| Operating profit (loss) | 9901 | €2,571,790 | €194,676 | -€2.4m | -92.4% |
| Financial income | 75/76B | €9,447 | €1,963 | -€7,484 | -79.2% |
| Recurring financial income | 75 | €9,447 | €1,963 | -€7,484 | -79.2% |
| Financial charges | 65/66B | €4,804 | €3,690 | -€1,114 | -23.2% |
| Recurring financial charges | 65 | €4,804 | €3,690 | -€1,114 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €2,576,433 | €192,949 | -€2.4m | -92.5% |
| Income taxes | 67/77 | €647,519 | €40,578 | -€606,941 | -93.7% |
| Profit (loss) for the period | 9904 | €1,928,914 | €152,371 | -€1.8m | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,928,914 | €152,371 | -€1.8m | -92.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.