PROTIME: 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.
What changed
PROTIME
NACE 62.900, Other information technology and computer services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €3.6m-€1.2m
Equity
€15.9m
2024 · €15.0m+€905,233
Cash
€977,418
2024 · €1.3m-€354,315
Balance sheet total
€36.3m
2024 · €38.5m-€2.3m
Largest movements
Assets
- Receivables within one year -€2.2m
down €2.2m (-14.9%), from €14.5m to €12.3m
of which Trade receivables: -€1.9m
- Intangible fixed assets +€1.6m
up €1.6m (+24.9%), from €6.3m to €7.9m
- Financial fixed assets -€1.5m
down €1.5m (-10.7%), from €13.5m to €12.1m
of which Affiliated companies: -€1.5m
Equity and liabilities
- Debts after one year -€3.8m
down €3.8m (-42.6%), from €8.8m to €5.1m
of which Financial debts: -€3.0m
- Trade debts -€1.4m
down €1.4m (-21.2%), from €6.5m to €5.1m
- Accrued charges and deferred income +€1.1m
up €1.1m (+80.9%), from €1.4m to €2.5m
- Profit (loss) carried forward +€905,233
up €905,233 (+8.5%), from €10.7m to €11.6m
- Tax, wage and social debts +€718,154
up €718,154 (+16.1%), from €4.5m to €5.2m
of which Taxes: +€558,966
Income statement
- Services and other goods +€3.2m
up €3.2m (+17.7%), from €18.2m to €21.5m
- Turnover +€3.0m
up €3.0m (+5.9%), from €50.9m to €53.9m
- Staff costs +€2.5m
up €2.5m (+10.2%), from €24.9m to €27.4m
- Other operating income +€1.4m
up €1.4m (+114.4%), from €1.2m to €2.6m
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.
Result 2024
€3.6m
Turnover
+€3.0m
Other operating income
+€1.4m
Goods and materials
-€59,465
Services and other goods
-€3.2m
Staff costs
-€2.5m
Depreciation
-€469,138
Write-downs
-€45,141
Provisions
-€100,000
Other operating charges
+€66,179
Other operating items
+€1.4m
Financial income
-€312,892
Financial charges
-€244,126
Taxes
-€129,047
Result 2025
€2.4m
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.
From operations
+€9.9m
Investment
-€5.0m
Financing
-€5.3m
Cash 2024
€1.3m
From operations (derived)
+€9.9m
Net result for the year
+€2.4m
Depreciation
+€4.9m
Receivables after one year
+€175,000
Stocks and contracts
-€141,726
Receivables within one year
+€2.2m
Deferred charges and accrued income
-€154,122
Provisions
+€100,000
Trade debts
-€1.4m
Tax, wage and social debts
+€718,154
Other debts
+€18,907
Accrued charges and deferred income
+€1.1m
Investment (derived)
-€5.0m
Investment in fixed assets (net)
-€5.0m
Financing
-€5.3m
Debts after one year
-€3.8m
Contributions, distributions and other
-€1.5m
Cash 2025
€977,418
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,546,979 | €36,273,408 | -€2.3m | -5.9% |
| Fixed assets | 21/28 | €20,966,827 | €21,083,034 | +€116,208 | +0.6% |
| Intangible fixed assets | 21 | €6,329,166 | €7,907,924 | +€1.6m | +24.9% |
| Tangible fixed assets | 22/27 | €1,091,087 | €1,078,536 | -€12,550 | -1.2% |
| Plant, machinery and equipment | 23 | €1,038,451 | €1,047,534 | +€9,083 | +0.9% |
| Furniture and vehicles | 24 | €24,389 | €13,253 | -€11,136 | -45.7% |
| Other tangible fixed assets | 26 | €28,246 | €17,749 | -€10,497 | -37.2% |
| Financial fixed assets | 28 | €13,546,574 | €12,096,574 | -€1.5m | -10.7% |
| Affiliated companies | 280/1 | €13,534,263 | €12,084,263 | -€1.5m | -10.7% |
| Participating interests | 280 | €13,534,263 | €12,084,263 | -€1.5m | -10.7% |
| Other financial fixed assets | 284/8 | €12,311 | €12,311 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €12,311 | €12,311 | = | 0.0% |
| Current assets | 29/58 | €17,580,153 | €15,190,373 | -€2.4m | -13.6% |
| Amounts receivable after more than one year | 29 | €175,000 | - | -€175,000 | |
| Other amounts receivable | 291 | €175,000 | - | -€175,000 | |
| Stocks and contracts in progress | 3 | €505,384 | €647,110 | +€141,726 | +28.0% |
| Stocks | 30/36 | €505,384 | €647,110 | +€141,726 | +28.0% |
| Goods purchased for resale | 34 | €505,384 | €647,110 | +€141,726 | +28.0% |
| Amounts receivable within one year | 40/41 | €14,459,019 | €12,302,706 | -€2.2m | -14.9% |
| Trade receivables | 40 | €13,850,350 | €11,966,671 | -€1.9m | -13.6% |
| Other amounts receivable | 41 | €608,669 | €336,036 | -€272,633 | -44.8% |
| Cash at bank and in hand | 54/58 | €1,331,733 | €977,418 | -€354,315 | -26.6% |
| Deferred charges and accrued income | 490/1 | €1,109,016 | €1,263,139 | +€154,122 | +13.9% |
| Total equity and liabilities | 10/49 | €38,546,979 | €36,273,408 | -€2.3m | -5.9% |
| Equity | 10/15 | €14,965,328 | €15,870,561 | +€905,233 | +6.0% |
| Contributions | 10/11 | €2,431,219 | €2,431,219 | = | 0.0% |
| Capital | 10 | €78,087 | €78,087 | = | 0.0% |
| Issued capital | 100 | €78,087 | €78,087 | = | 0.0% |
| Outside capital | 11 | €2,353,133 | €2,353,133 | = | 0.0% |
| Share premium | 1100/10 | €2,353,133 | €2,353,133 | = | 0.0% |
| Reserves | 13 | €1,880,252 | €1,880,252 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,809 | €7,809 | = | 0.0% |
| Legal reserve | 130 | €7,809 | €7,809 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,000,000 | €1,000,000 | = | 0.0% |
| Distributable reserves | 133 | €872,443 | €872,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,653,857 | €11,559,090 | +€905,233 | +8.5% |
| Provisions and deferred taxes | 16 | - | €100,000 | +€100,000 | |
| Provisions for liabilities and charges | 160/5 | - | €100,000 | +€100,000 | |
| Other liabilities and charges | 164/5 | - | €100,000 | +€100,000 | |
| Amounts payable | 17/49 | €23,581,651 | €20,302,846 | -€3.3m | -13.9% |
| Amounts payable after more than one year | 17 | €8,805,407 | €5,055,407 | -€3.8m | -42.6% |
| Financial debts | 170/4 | €8,055,407 | €5,055,407 | -€3.0m | -37.2% |
| Subordinated loans | 170 | €2,055,407 | €2,055,407 | = | 0.0% |
| Other loans | 174 | €6,000,000 | €3,000,000 | -€3.0m | -50.0% |
| Other amounts payable | 178/9 | €750,000 | - | -€750,000 | |
| Amounts payable within one year | 42/48 | €13,396,773 | €12,752,463 | -€644,310 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €1,500,000 | €1,500,000 | = | 0.0% |
| Trade debts | 44 | €6,528,628 | €5,147,257 | -€1.4m | -21.2% |
| Suppliers | 440/4 | €6,528,628 | €5,147,257 | -€1.4m | -21.2% |
| Taxes, remuneration and social security | 45 | €4,464,862 | €5,183,016 | +€718,154 | +16.1% |
| Taxes | 450/3 | €608,421 | €1,167,388 | +€558,966 | +91.9% |
| Remuneration and social security | 454/9 | €3,856,441 | €4,015,628 | +€159,187 | +4.1% |
| Other amounts payable | 47/48 | €903,283 | €922,190 | +€18,907 | +2.1% |
| Accrued charges and deferred income | 492/3 | €1,379,472 | €2,494,977 | +€1.1m | +80.9% |
| Operating income | 70/76A | €55,484,233 | €60,746,798 | +€5.3m | +9.5% |
| Turnover | 70 | €50,867,046 | €53,884,617 | +€3.0m | +5.9% |
| Own construction capitalised | 72 | €3,396,082 | €4,244,419 | +€848,337 | +25.0% |
| Other operating income | 74 | €1,221,067 | €2,617,762 | +€1.4m | +114.4% |
| Non-recurring operating income | 76A | €38 | - | -€38 | |
| Operating charges | 60/66A | €52,270,785 | €58,084,817 | +€5.8m | +11.1% |
| Goods for resale, raw materials and consumables | 60 | €3,918,853 | €3,978,318 | +€59,465 | +1.5% |
| Purchases | 600/8 | €3,922,544 | €4,120,044 | +€197,501 | +5.0% |
| Change in stocks: decrease (increase) | 609 | -€3,691 | -€141,726 | -€138,036 | -3740.1% |
| Services and other goods | 61 | €18,244,918 | €21,472,726 | +€3.2m | +17.7% |
| Remuneration, social security and pensions | 62 | €24,874,053 | €27,412,682 | +€2.5m | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,382,367 | €4,851,504 | +€469,138 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,375 | €55,515 | +€45,141 | +435.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €100,000 | +€100,000 | |
| Other operating charges | 640/8 | €106,521 | €40,343 | -€66,179 | -62.1% |
| Non-recurring operating charges | 66A | €733,698 | €173,728 | -€559,970 | -76.3% |
| Operating profit (loss) | 9901 | €3,213,448 | €2,661,981 | -€551,467 | -17.2% |
| Financial income | 75/76B | €1,673,991 | €1,361,099 | -€312,892 | -18.7% |
| Recurring financial income | 75 | €1,673,991 | €1,331,020 | -€342,971 | -20.5% |
| Income from financial fixed assets | 750 | €1,599,999 | €1,000,000 | -€599,999 | -37.5% |
| Income from current assets | 751 | €61,496 | €65,873 | +€4,376 | +7.1% |
| Other financial income | 752/9 | €12,495 | €265,147 | +€252,652 | +2022.0% |
| Non-recurring financial income | 76B | - | €30,079 | +€30,079 | |
| Financial charges | 65/66B | €813,645 | €1,057,771 | +€244,126 | +30.0% |
| Recurring financial charges | 65 | €813,645 | €877,146 | +€63,501 | +7.8% |
| Debt charges | 650 | €515,797 | €319,409 | -€196,388 | -38.1% |
| Other financial charges | 652/9 | €297,848 | €557,737 | +€259,889 | +87.3% |
| Non-recurring financial charges | 66B | - | €180,625 | +€180,625 | |
| Profit (loss) for the period before taxes | 9903 | €4,073,794 | €2,965,309 | -€1.1m | -27.2% |
| Income taxes | 67/77 | €431,029 | €560,076 | +€129,047 | +29.9% |
| Taxes | 670/3 | €431,029 | €587,924 | +€156,895 | +36.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €27,848 | +€27,848 | |
| Profit (loss) for the period | 9904 | €3,642,765 | €2,405,233 | -€1.2m | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,642,765 | €2,405,233 | -€1.2m | -34.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.