PROTEC & SERVICES: what changed
Two fiscal 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.
PROTEC & SERVICES
Largest movements
- Receivables within one year -€2,760
down €2,760 (-81.8%), from €3,376 to €615
of which Trade receivables: -€3,000
- Cash +€2,308
up €2,308 (+99.5%), from €2,319 to €4,627
mainly Receivables within one year (+€2,760) and Trade debts (+€627)
- Tangible fixed assets -€168
no longer reported in 2024 (was €168)
- Financial fixed assets +€158
new in 2024: €158
- Deferred charges and accrued income +€79
up €79 (+64.8%), from €122 to €201
- Profit (loss) carried forward -€1,130
down €1,130 (-24.0%), from -€4,704 to -€5,834
- Trade debts +€627
new in 2024: €627
- Other debts +€120
up €120 (+3.3%), from €3,689 to €3,809
- Gross operating margin -€3,410
down €3,410, from €3,033 to -€377
- Depreciation -€670
down €670 (-79.9%), from €838 to €168
- Other operating charges -€47
down €47 (-10.8%), from €434 to €387
- Financial charges +€31
up €31 (+18.6%), from €167 to €198
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.
Cash bridge derived
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 | €5,985 | €5,602 | -€384 | -6.4% |
| Fixed assets | 21/28 | €168 | €158 | -€10 | -5.9% |
| Tangible fixed assets | 22/27 | €168 | - | -€168 | |
| Furniture and vehicles | 24 | €168 | - | -€168 | |
| Financial fixed assets | 28 | - | €158 | +€158 | |
| Current assets | 29/58 | €5,817 | €5,444 | -€374 | -6.4% |
| Amounts receivable within one year | 40/41 | €3,376 | €615 | -€2,760 | -81.8% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €376 | €615 | +€240 | +63.8% |
| Cash at bank and in hand | 54/58 | €2,319 | €4,627 | +€2,308 | +99.5% |
| Deferred charges and accrued income | 490/1 | €122 | €201 | +€79 | +64.8% |
| Total equity and liabilities | 10/49 | €5,985 | €5,602 | -€384 | -6.4% |
| Equity | 10/15 | €2,296 | €1,166 | -€1,130 | -49.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,704 | -€5,834 | -€1,130 | -24.0% |
| Amounts payable | 17/49 | €3,689 | €4,436 | +€747 | +20.2% |
| Amounts payable within one year | 42/48 | €3,689 | €4,436 | +€747 | +20.2% |
| Trade debts | 44 | - | €627 | +€627 | |
| Suppliers | 440/4 | - | €627 | +€627 | |
| Other amounts payable | 47/48 | €3,689 | €3,809 | +€120 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | €168 | -€670 | -79.9% |
| Other operating charges | 640/8 | €434 | €387 | -€47 | -10.8% |
| Gross operating margin | 9900 | €3,033 | -€377 | -€3,410 | |
| Operating profit (loss) | 9901 | €1,761 | -€932 | -€2,693 | |
| Financial charges | 65/66B | €167 | €198 | +€31 | +18.6% |
| Recurring financial charges | 65 | €167 | €198 | +€31 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €1,594 | -€1,130 | -€2,724 | |
| Profit (loss) for the period | 9904 | €1,594 | -€1,130 | -€2,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,594 | -€1,130 | -€2,724 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.