PROTECH ENTREPRISES: 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.
PROTECH ENTREPRISES
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€9,930
down €9,930 (-10.6%), from €93,482 to €83,552
mainly Current investments (-€50,000) and Receivables within one year (-€3,801)
- Tangible fixed assets -€5,215
down €5,215 (-18.3%), from €28,560 to €23,345
of which Furniture and vehicles: -€5,215
- Stocks and contracts -€3,981
down €3,981 (-59.6%), from €6,684 to €2,703
- Receivables within one year +€3,801
up €3,801 (+52.3%), from €7,266 to €11,067
of which Trade receivables: +€6,099
- Reserves +€30,000
up €30,000 (+90.6%), from €33,099 to €63,099
of which Distributable reserves: +€30,000
- Profit (loss) carried forward +€6,115
up €6,115 (+8.2%), from €74,581 to €80,696
- Other operating charges +€4,259
up €4,259 (+405%), from €1,050 to €5,309
- Depreciation +€2,627
up €2,627 (+54.0%), from €4,865 to €7,492
- Taxes -€2,325
down €2,325 (-77.5%), from €3,000 to €675
- Financial income +€2,152
up €2,152 (+1,457%), from €148 to €2,300
- Gross operating margin +€999
up €999 (+2.1%), from €46,546 to €47,546
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.
Derived cash bridge
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 | €135,992 | €171,470 | +€35,478 | +26.1% |
| Fixed assets | 21/28 | €28,560 | €24,148 | -€4,412 | -15.4% |
| Intangible fixed assets | 21 | - | €803 | +€803 | |
| Tangible fixed assets | 22/27 | €28,560 | €23,345 | -€5,215 | -18.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €28,560 | €23,345 | -€5,215 | -18.3% |
| Current assets | 29/58 | €107,432 | €147,322 | +€39,891 | +37.1% |
| Stocks and contracts in progress | 3 | €6,684 | €2,703 | -€3,981 | -59.6% |
| Stocks | 30/36 | €6,684 | €2,703 | -€3,981 | -59.6% |
| Amounts receivable within one year | 40/41 | €7,266 | €11,067 | +€3,801 | +52.3% |
| Trade receivables | 40 | €4,627 | €10,727 | +€6,099 | +132% |
| Other amounts receivable | 41 | €2,639 | €341 | -€2,298 | -87.1% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €93,482 | €83,552 | -€9,930 | -10.6% |
| Total equity and liabilities | 10/49 | €135,992 | €171,470 | +€35,478 | +26.1% |
| Equity | 10/15 | €126,280 | €162,394 | +€36,115 | +28.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,099 | €63,099 | +€30,000 | +90.6% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €60,000 | +€30,000 | +100% |
| Profit (loss) carried forward | 14 | €74,581 | €80,696 | +€6,115 | +8.2% |
| Amounts payable | 17/49 | €9,712 | €9,076 | -€636 | -6.6% |
| Amounts payable within one year | 42/48 | €9,712 | €9,076 | -€636 | -6.6% |
| Trade debts | 44 | €5,178 | €5,147 | -€31 | -0.6% |
| Suppliers | 440/4 | €5,178 | €5,147 | -€31 | -0.6% |
| Taxes, remuneration and social security | 45 | €3,000 | €3,000 | = | 0.0% |
| Taxes | 450/3 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,534 | €929 | -€606 | -39.5% |
| Remuneration, social security and pensions | 62 | €186 | - | -€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,865 | €7,492 | +€2,627 | +54.0% |
| Other operating charges | 640/8 | €1,050 | €5,309 | +€4,259 | +405% |
| Gross operating margin | 9900 | €46,546 | €47,546 | +€999 | +2.1% |
| Operating profit (loss) | 9901 | €40,445 | €34,744 | -€5,701 | -14.1% |
| Financial income | 75/76B | €148 | €2,300 | +€2,152 | +1,457% |
| Recurring financial income | 75 | €148 | €2,300 | +€2,152 | +1,457% |
| Financial charges | 65/66B | €61 | €254 | +€193 | +316% |
| Recurring financial charges | 65 | €61 | €254 | +€193 | +316% |
| Profit (loss) for the period before taxes | 9903 | €40,531 | €36,790 | -€3,741 | -9.2% |
| Income taxes | 67/77 | €3,000 | €675 | -€2,325 | -77.5% |
| Profit (loss) for the period | 9904 | €37,531 | €36,115 | -€1,417 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,531 | €36,115 | -€1,417 | -3.8% |
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 20 October 2026 via checked.be.