PROTILE: 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.
PROTILE
Largest movements
- Tangible fixed assets -€79,980
down €79,980 (-69.6%), from €114,954 to €34,974
- Receivables within one year +€39,637
up €39,637 (+19.6%), from €202,393 to €242,030
of which Trade receivables: +€41,032
- Cash -€32,893
down €32,893 (-73.7%), from €44,617 to €11,724
mainly Trade debts (-€40,766) and Receivables within one year (-€39,637)
- Trade debts -€40,766
down €40,766 (-66.4%), from €61,426 to €20,660
- Debts after one year -€32,530
down €32,530 (-40.6%), from €80,100 to €47,570
- Tax, wage and social debts -€10,333
down €10,333 (-78.5%), from €13,156 to €2,823
of which Remuneration and social security: -€10,161
- Reserves +€8,194
up €8,194 (+5.1%), from €161,958 to €170,152
- Gross operating margin -€421,617
down €421,617 (-91.2%), from €462,312 to €40,694
- Staff costs -€420,050
down €420,050 (-100.0%), from €420,050 to €0
- Depreciation -€16,130
down €16,130 (-54.4%), from €29,669 to €13,538
- Other operating charges +€5,099
up €5,099 (+721.9%), from €706 to €5,805
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.
Cash bridge derived
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 | €364,834 | €289,310 | -€75,524 | -20.7% |
| Fixed assets | 21/28 | €117,316 | €35,474 | -€81,841 | -69.8% |
| Tangible fixed assets | 22/27 | €114,954 | €34,974 | -€79,980 | -69.6% |
| Furniture and vehicles | 24 | €114,954 | €34,974 | -€79,980 | -69.6% |
| Financial fixed assets | 28 | €2,361 | €500 | -€1,861 | -78.8% |
| Current assets | 29/58 | €247,518 | €253,835 | +€6,317 | +2.6% |
| Amounts receivable within one year | 40/41 | €202,393 | €242,030 | +€39,637 | +19.6% |
| Trade receivables | 40 | €181,557 | €222,590 | +€41,032 | +22.6% |
| Other amounts receivable | 41 | €20,836 | €19,440 | -€1,396 | -6.7% |
| Cash at bank and in hand | 54/58 | €44,617 | €11,724 | -€32,893 | -73.7% |
| Deferred charges and accrued income | 490/1 | €508 | €81 | -€427 | -84.0% |
| Total equity and liabilities | 10/49 | €364,834 | €289,310 | -€75,524 | -20.7% |
| Equity | 10/15 | €168,158 | €176,352 | +€8,194 | +4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €161,958 | €170,152 | +€8,194 | +5.1% |
| Distributable reserves | 133 | €161,958 | €170,152 | +€8,194 | +5.1% |
| Amounts payable | 17/49 | €196,676 | €112,958 | -€83,718 | -42.6% |
| Amounts payable after more than one year | 17 | €80,100 | €47,570 | -€32,530 | -40.6% |
| Financial debts | 170/4 | €80,100 | €47,570 | -€32,530 | -40.6% |
| Amounts payable within one year | 42/48 | €116,576 | €65,388 | -€51,188 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | €31,484 | €32,530 | +€1,046 | +3.3% |
| Financial debts | 43 | €9,375 | €9,375 | = | 0.0% |
| Other loans | 439 | €9,375 | €9,375 | = | 0.0% |
| Trade debts | 44 | €61,426 | €20,660 | -€40,766 | -66.4% |
| Suppliers | 440/4 | €61,426 | €20,660 | -€40,766 | -66.4% |
| Taxes, remuneration and social security | 45 | €13,156 | €2,823 | -€10,333 | -78.5% |
| Taxes | 450/3 | €2,995 | €2,823 | -€173 | -5.8% |
| Remuneration and social security | 454/9 | €10,161 | - | -€10,161 | |
| Other amounts payable | 47/48 | €1,135 | €0 | -€1,135 | -100.0% |
| Remuneration, social security and pensions | 62 | €420,050 | €0 | -€420,050 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,669 | €13,538 | -€16,130 | -54.4% |
| Other operating charges | 640/8 | €706 | €5,805 | +€5,099 | +721.9% |
| Non-recurring operating charges | 66A | €7,124 | €6,104 | -€1,020 | -14.3% |
| Gross operating margin | 9900 | €462,312 | €40,694 | -€421,617 | -91.2% |
| Operating profit (loss) | 9901 | €4,763 | €15,247 | +€10,484 | +220.1% |
| Financial income | 75/76B | €1,990 | €212 | -€1,778 | -89.3% |
| Recurring financial income | 75 | €1,990 | €212 | -€1,778 | -89.3% |
| Financial charges | 65/66B | €3,373 | €4,534 | +€1,161 | +34.4% |
| Recurring financial charges | 65 | €3,373 | €4,534 | +€1,161 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €3,379 | €10,925 | +€7,546 | +223.3% |
| Income taxes | 67/77 | €2,828 | €2,731 | -€97 | -3.4% |
| Profit (loss) for the period | 9904 | €551 | €8,194 | +€7,643 | +1387.4% |
| Profit (loss) for the period to be appropriated | 9905 | €551 | €8,194 | +€7,643 | +1387.4% |
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 10 October 2026 via checked.be.