PROTOS MANAGEMENT: 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.
PROTOS MANAGEMENT
Largest movements
- Cash +€21,871
up €21,871 (+375%), from €5,827 to €27,698
mainly Net result for the year (+€56,482) and Tax, wage and social debts (+€17,776)
- Tangible fixed assets +€18,028
up €18,028 (+837%), from €2,155 to €20,183
- Receivables within one year +€2,543
up €2,543 (+7.0%), from €36,158 to €38,701
of which Other amounts receivable: +€11,298
- Deferred charges and accrued income +€1,584
new in 2025: €1,584
- Reserves +€45,866
up €45,866 (+1,685%), from €2,721 to €48,587
- Other debts -€31,886
down €31,886 (-97.5%), from €32,692 to €806
- Tax, wage and social debts +€17,776
up €17,776 (+139%), from €12,756 to €30,532
- Profit (loss) carried forward +€10,616
no longer reported in 2025 (was -€10,616)
- Trade debts +€1,654
up €1,654 (+97.5%), from €1,696 to €3,350
- Gross operating margin +€92,437
up €92,437, from -€5,953 to €86,484
- Taxes +€23,059
up €23,059 (+1,381%), from €1,670 to €24,729
- Other operating charges +€1,496
up €1,496 (+82.5%), from €1,814 to €3,310
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 | €44,249 | €88,275 | +€44,026 | +99.5% |
| Fixed assets | 21/28 | €2,263 | €20,291 | +€18,028 | +797% |
| Tangible fixed assets | 22/27 | €2,155 | €20,183 | +€18,028 | +837% |
| Furniture and vehicles | 24 | €2,155 | €20,183 | +€18,028 | +837% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €41,986 | €67,983 | +€25,998 | +61.9% |
| Amounts receivable within one year | 40/41 | €36,158 | €38,701 | +€2,543 | +7.0% |
| Trade receivables | 40 | €35,291 | €26,536 | -€8,756 | -24.8% |
| Other amounts receivable | 41 | €867 | €12,165 | +€11,298 | +1,303% |
| Cash at bank and in hand | 54/58 | €5,827 | €27,698 | +€21,871 | +375% |
| Deferred charges and accrued income | 490/1 | - | €1,584 | +€1,584 | |
| Total equity and liabilities | 10/49 | €44,249 | €88,275 | +€44,026 | +99.5% |
| Equity | 10/15 | -€2,895 | €53,587 | +€56,482 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,721 | €48,587 | +€45,866 | +1,685% |
| Distributable reserves | 133 | €2,721 | €48,587 | +€45,866 | +1,685% |
| Profit (loss) carried forward | 14 | -€10,616 | - | +€10,616 | |
| Amounts payable | 17/49 | €47,144 | €34,688 | -€12,456 | -26.4% |
| Amounts payable within one year | 42/48 | €47,144 | €34,688 | -€12,456 | -26.4% |
| Trade debts | 44 | €1,696 | €3,350 | +€1,654 | +97.5% |
| Suppliers | 440/4 | €1,696 | €3,350 | +€1,654 | +97.5% |
| Taxes, remuneration and social security | 45 | €12,756 | €30,532 | +€17,776 | +139% |
| Taxes | 450/3 | €12,756 | €30,532 | +€17,776 | +139% |
| Other amounts payable | 47/48 | €32,692 | €806 | -€31,886 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €861 | €1,479 | +€617 | +71.7% |
| Other operating charges | 640/8 | €1,814 | €3,310 | +€1,496 | +82.5% |
| Gross operating margin | 9900 | -€5,953 | €86,484 | +€92,437 | |
| Operating profit (loss) | 9901 | -€8,628 | €81,696 | +€90,324 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €318 | €484 | +€166 | +52.3% |
| Recurring financial charges | 65 | €318 | €484 | +€166 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,946 | €81,212 | +€90,158 | |
| Income taxes | 67/77 | €1,670 | €24,729 | +€23,059 | +1,381% |
| Profit (loss) for the period | 9904 | -€10,616 | €56,482 | +€67,099 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,616 | €56,482 | +€67,099 |
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 25 October 2026 via checked.be.