PROTEN: 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.
PROTEN
Largest movements
- Cash -€11,018
down €11,018 (-15.1%), from €72,966 to €61,948
mainly Investment in fixed assets (net) (-€12,424) and Current portion of long-term debt (-€8,850)
- Tangible fixed assets -€2,576
down €2,576 (-4.9%), from €52,596 to €50,020
of which Furniture and vehicles: -€7,836
- Deferred charges and accrued income -€1,732
down €1,732 (-95.7%), from €1,809 to €77
- Current portion of long-term debt -€8,850
down €8,850 (-58.2%), from €15,213 to €6,363
- Debts after one year -€6,363
down €6,363 (-39.5%), from €16,094 to €9,731
of which Financial debts: -€6,363
- Trade debts -€6,238
no longer reported in 2025 (was €6,238)
- Profit (loss) carried forward +€2,301
up €2,301 (+6.1%), from €37,465 to €39,766
- Other debts +€1,879
up €1,879 (+6.7%), from €28,051 to €29,930
- Gross operating margin +€2,766
up €2,766 (+12.8%), from €21,546 to €24,312
- Financial charges -€2,220
down €2,220 (-70.9%), from €3,134 to €913
- Depreciation +€1,461
up €1,461 (+10.8%), from €13,539 to €15,000
- Financial income -€628
down €628 (-47.6%), from €1,321 to €692
- Taxes +€408
up €408 (+151%), from €271 to €679
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 | €132,520 | €116,832 | -€15,688 | -11.8% |
| Fixed assets | 21/28 | €52,621 | €50,045 | -€2,576 | -4.9% |
| Tangible fixed assets | 22/27 | €52,596 | €50,020 | -€2,576 | -4.9% |
| Land and buildings | 22 | €27,454 | €33,360 | +€5,907 | +21.5% |
| Furniture and vehicles | 24 | €20,422 | €12,587 | -€7,836 | -38.4% |
| Other tangible fixed assets | 26 | €4,720 | €4,074 | -€647 | -13.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €79,899 | €66,787 | -€13,112 | -16.4% |
| Amounts receivable after more than one year | 29 | - | €542 | +€542 | |
| Other amounts receivable | 291 | - | €542 | +€542 | |
| Amounts receivable within one year | 40/41 | €5,124 | €4,220 | -€904 | -17.6% |
| Trade receivables | 40 | €5,124 | €4,220 | -€904 | -17.6% |
| Cash at bank and in hand | 54/58 | €72,966 | €61,948 | -€11,018 | -15.1% |
| Deferred charges and accrued income | 490/1 | €1,809 | €77 | -€1,732 | -95.7% |
| Total equity and liabilities | 10/49 | €132,520 | €116,832 | -€15,688 | -11.8% |
| Equity | 10/15 | €57,925 | €60,226 | +€2,301 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,465 | €39,766 | +€2,301 | +6.1% |
| Amounts payable | 17/49 | €74,595 | €56,606 | -€17,989 | -24.1% |
| Amounts payable after more than one year | 17 | €16,094 | €9,731 | -€6,363 | -39.5% |
| Financial debts | 170/4 | €8,594 | €2,231 | -€6,363 | -74.0% |
| Other amounts payable | 178/9 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,501 | €46,875 | -€11,626 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €15,213 | €6,363 | -€8,850 | -58.2% |
| Financial debts | 43 | €110 | - | -€110 | |
| Credit institutions | 430/8 | €110 | - | -€110 | |
| Trade debts | 44 | €6,238 | - | -€6,238 | |
| Suppliers | 440/4 | €6,238 | - | -€6,238 | |
| Taxes, remuneration and social security | 45 | €8,890 | €10,583 | +€1,692 | +19.0% |
| Taxes | 450/3 | €8,890 | €10,583 | +€1,692 | +19.0% |
| Other amounts payable | 47/48 | €28,051 | €29,930 | +€1,879 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,539 | €15,000 | +€1,461 | +10.8% |
| Other operating charges | 640/8 | €5,816 | €6,112 | +€296 | +5.1% |
| Gross operating margin | 9900 | €21,546 | €24,312 | +€2,766 | +12.8% |
| Operating profit (loss) | 9901 | €2,191 | €3,201 | +€1,010 | +46.1% |
| Financial income | 75/76B | €1,321 | €692 | -€628 | -47.6% |
| Recurring financial income | 75 | €1,321 | €692 | -€628 | -47.6% |
| Financial charges | 65/66B | €3,134 | €913 | -€2,220 | -70.9% |
| Recurring financial charges | 65 | €3,134 | €913 | -€2,220 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €378 | €2,980 | +€2,602 | +689% |
| Income taxes | 67/77 | €271 | €679 | +€408 | +151% |
| Profit (loss) for the period | 9904 | €107 | €2,301 | +€2,194 | +2,050% |
| Profit (loss) for the period to be appropriated | 9905 | €107 | €2,301 | +€2,194 | +2,050% |
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 15 October 2026 via checked.be.