PROTECH: what changed
What changed
PROTECH
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
€6,203
2024 · €10,860-€4,657
Equity
€85,337
2024 · €79,134+€6,203
Cash
€39,888
2024 · €100+€39,788
Balance sheet total
€836,167
2024 · €727,653+€108,514
Largest movements
Assets
- Receivables within one year +€74,574
up €74,574 (+10.7%), from €699,938 to €774,513
of which Trade receivables: +€531,948
- Cash +€39,788
up €39,788 (+39,614%), from €100 to €39,888
mainly Other debts (+€167,798) and Depreciation (+€6,613)
Equity and liabilities
- Other debts +€167,798
up €167,798 (+45.0%), from €372,665 to €540,463
- Trade debts -€54,872
down €54,872 (-44.4%), from €123,487 to €68,616
- Short-term financial debts -€10,360
down €10,360 (-16.4%), from €63,204 to €52,844
Income statement
- Financial income -€49,232
down €49,232 (-93.5%), from €52,655 to €3,423
- Gross operating margin +€36,091
up €36,091, from -€12,042 to €24,049
- Taxes -€4,771
down €4,771 (-92.9%), from €5,135 to €364
- Financial charges -€4,455
down €4,455 (-24.7%), from €18,013 to €13,558
- Depreciation +€1,579
up €1,579 (+31.4%), from €5,035 to €6,613
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
€10,860
Gross operating margin
+€36,091
Depreciation
-€1,579
Other operating charges
+€836
Financial income
-€49,232
Financial charges
+€4,455
Taxes
+€4,771
Result 2025
€6,203
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
+€50,148
Investment
€0
Financing
-€10,360
Cash 2024
€100
From operations (derived)
+€50,148
Net result for the year
+€6,203
Depreciation
+€6,613
Receivables within one year
-€74,574
Deferred charges and accrued income
-€765
Trade debts
-€54,872
Tax, wage and social debts
-€2,348
Other debts
+€167,798
Accrued charges and deferred income
+€2,093
Financing
-€10,360
Short-term financial debts
-€10,360
Cash 2025
€39,888
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €727,653 | €836,167 | +€108,514 | +14.9% |
| Fixed assets | 21/28 | €27,614 | €21,001 | -€6,613 | -23.9% |
| Tangible fixed assets | 22/27 | €27,614 | €21,001 | -€6,613 | -23.9% |
| Plant, machinery and equipment | 23 | €26,365 | €20,168 | -€6,197 | -23.5% |
| Furniture and vehicles | 24 | €1,250 | €833 | -€417 | -33.3% |
| Current assets | 29/58 | €700,039 | €815,166 | +€115,127 | +16.4% |
| Amounts receivable within one year | 40/41 | €699,938 | €774,513 | +€74,574 | +10.7% |
| Trade receivables | 40 | €235,000 | €766,948 | +€531,948 | +226% |
| Other amounts receivable | 41 | €464,938 | €7,565 | -€457,373 | -98.4% |
| Cash at bank and in hand | 54/58 | €100 | €39,888 | +€39,788 | +39,614% |
| Deferred charges and accrued income | 490/1 | - | €765 | +€765 | |
| Total equity and liabilities | 10/49 | €727,653 | €836,167 | +€108,514 | +14.9% |
| Equity | 10/15 | €79,134 | €85,337 | +€6,203 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,674 | €64,877 | +€6,203 | +10.6% |
| Amounts payable | 17/49 | €648,519 | €750,830 | +€102,311 | +15.8% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €563,404 | €663,622 | +€100,218 | +17.8% |
| Financial debts | 43 | €63,204 | €52,844 | -€10,360 | -16.4% |
| Credit institutions | 430/8 | €63,204 | €52,844 | -€10,360 | -16.4% |
| Trade debts | 44 | €123,487 | €68,616 | -€54,872 | -44.4% |
| Suppliers | 440/4 | €123,487 | €68,616 | -€54,872 | -44.4% |
| Taxes, remuneration and social security | 45 | €4,048 | €1,700 | -€2,348 | -58.0% |
| Taxes | 450/3 | €4,048 | - | -€4,048 | |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €372,665 | €540,463 | +€167,798 | +45.0% |
| Accrued charges and deferred income | 492/3 | €10,115 | €12,208 | +€2,093 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,035 | €6,613 | +€1,579 | +31.4% |
| Other operating charges | 640/8 | €1,570 | €733 | -€836 | -53.3% |
| Gross operating margin | 9900 | -€12,042 | €24,049 | +€36,091 | |
| Operating profit (loss) | 9901 | -€18,646 | €16,702 | +€35,348 | |
| Financial income | 75/76B | €52,655 | €3,423 | -€49,232 | -93.5% |
| Recurring financial income | 75 | €52,655 | €3,423 | -€49,232 | -93.5% |
| Financial charges | 65/66B | €18,013 | €13,558 | -€4,455 | -24.7% |
| Recurring financial charges | 65 | €18,013 | €13,558 | -€4,455 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €15,996 | €6,567 | -€9,428 | -58.9% |
| Income taxes | 67/77 | €5,135 | €364 | -€4,771 | -92.9% |
| Profit (loss) for the period | 9904 | €10,860 | €6,203 | -€4,657 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,860 | €6,203 | -€4,657 | -42.9% |
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 3 November 2026 via checked.be.