PROTEGO: 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.
PROTEGO
Largest movements
- Receivables within one year +€37,851
up €37,851 (+174.2%), from €21,728 to €59,579
of which Other amounts receivable: +€41,055
- Deferred charges and accrued income -€26,524
no longer reported in 2024 (was €26,524)
- Profit (loss) carried forward +€14,405
up €14,405 (+33.1%), from €43,491 to €57,897
- Tax, wage and social debts -€3,429
down €3,429 (-40.0%), from €8,572 to €5,143
- Taxes -€2,923
no longer reported in 2024 (was €2,923)
- Gross operating margin -€2,530
down €2,530 (-76.3%), from €3,317 to €788
- Other operating charges -€610
down €610 (-61.2%), from €998 to €387
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,883 | €69,860 | +€10,976 | +18.6% |
| Current assets | 29/58 | €58,883 | €69,860 | +€10,976 | +18.6% |
| Amounts receivable within one year | 40/41 | €21,728 | €59,579 | +€37,851 | +174.2% |
| Trade receivables | 40 | €17,130 | €13,926 | -€3,204 | -18.7% |
| Other amounts receivable | 41 | €4,597 | €45,652 | +€41,055 | +893.0% |
| Cash at bank and in hand | 54/58 | €10,632 | €10,281 | -€351 | -3.3% |
| Deferred charges and accrued income | 490/1 | €26,524 | - | -€26,524 | |
| Total equity and liabilities | 10/49 | €58,883 | €69,860 | +€10,976 | +18.6% |
| Equity | 10/15 | €50,311 | €64,717 | +€14,405 | +28.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,491 | €57,897 | +€14,405 | +33.1% |
| Amounts payable | 17/49 | €8,572 | €5,143 | -€3,429 | -40.0% |
| Amounts payable within one year | 42/48 | €8,572 | €5,143 | -€3,429 | -40.0% |
| Taxes, remuneration and social security | 45 | €8,572 | €5,143 | -€3,429 | -40.0% |
| Taxes | 450/3 | €8,572 | €5,143 | -€3,429 | -40.0% |
| Other operating charges | 640/8 | €998 | €387 | -€610 | -61.2% |
| Gross operating margin | 9900 | €3,317 | €788 | -€2,530 | -76.3% |
| Operating profit (loss) | 9901 | €2,320 | €400 | -€1,920 | -82.7% |
| Financial charges | 65/66B | €45 | €65 | +€20 | +44.4% |
| Recurring financial charges | 65 | €45 | €65 | +€20 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €2,275 | €335 | -€1,940 | -85.3% |
| Income taxes | 67/77 | €2,923 | - | -€2,923 | |
| Profit (loss) for the period | 9904 | -€648 | €335 | +€983 | |
| Profit (loss) for the period to be appropriated | 9905 | -€648 | €335 | +€983 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.