Protein Works: 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.
Protein Works
Largest movements
- Receivables within one year -€39,573
down €39,573 (-100%), from €39,573 to €0
- Cash +€38,105
up €38,105 (+2,936%), from €1,298 to €39,403
mainly Receivables within one year (+€39,573) and Trade debts (+€71)
- Profit (loss) carried forward -€6,645
down €6,645 (-100%), from €6,645 to €0
- Reserves +€5,107
up €5,107 (+165%), from €3,100 to €8,207
of which Distributable reserves: +€5,107
- Financial income -€935
down €935 (-100%), from €935 to €0
- Gross operating margin -€380
down €380 (-60.3%), from -€630 to -€1,010
- Other operating charges -€101
down €101 (-16.0%), from €628 to €528
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 | €40,871 | €39,403 | -€1,467 | -3.6% |
| Current assets | 29/58 | €40,871 | €39,403 | -€1,467 | -3.6% |
| Amounts receivable within one year | 40/41 | €39,573 | €0 | -€39,573 | -100% |
| Other amounts receivable | 41 | €39,573 | €0 | -€39,573 | -100% |
| Cash at bank and in hand | 54/58 | €1,298 | €39,403 | +€38,105 | +2,936% |
| Total equity and liabilities | 10/49 | €40,871 | €39,403 | -€1,467 | -3.6% |
| Equity | 10/15 | €40,745 | €39,207 | -€1,538 | -3.8% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €3,100 | €8,207 | +€5,107 | +165% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | - | €5,107 | +€5,107 | |
| Profit (loss) carried forward | 14 | €6,645 | €0 | -€6,645 | -100% |
| Amounts payable | 17/49 | €126 | €197 | +€71 | +56.0% |
| Amounts payable within one year | 42/48 | €126 | €197 | +€71 | +56.0% |
| Trade debts | 44 | €126 | €197 | +€71 | +56.0% |
| Suppliers | 440/4 | €126 | €197 | +€71 | +56.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €628 | €528 | -€101 | -16.0% |
| Gross operating margin | 9900 | -€630 | -€1,010 | -€380 | -60.3% |
| Operating profit (loss) | 9901 | -€1,259 | -€1,538 | -€279 | -22.2% |
| Financial income | 75/76B | €935 | €0 | -€935 | -100% |
| Recurring financial income | 75 | €935 | €0 | -€935 | -100% |
| Financial charges | 65/66B | €0 | €0 | +€0 | |
| Recurring financial charges | 65 | €0 | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€324 | -€1,538 | -€1,214 | -375% |
| Profit (loss) for the period | 9904 | -€324 | -€1,538 | -€1,214 | -375% |
| Profit (loss) for the period to be appropriated | 9905 | -€324 | -€1,538 | -€1,214 | -375% |
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 31 October 2026 via checked.be.