PROTRACTOR: 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.
PROTRACTOR
Largest movements
- Cash -€41,518
down €41,518 (-67.7%), from €61,299 to €19,782
mainly Net result for the year (-€37,740) and Receivables within one year (-€18,862)
- Receivables within one year +€18,862
up €18,862 (+34.2%), from €55,174 to €74,036
of which Trade receivables: +€22,086
- Tangible fixed assets -€4,737
down €4,737 (-21.2%), from €22,352 to €17,615
of which Plant, machinery and equipment: -€2,999
- Profit (loss) carried forward -€37,740
new in 2025: -€37,740
- Other debts +€7,203
up €7,203 (+1,663%), from €433 to €7,636
- Trade debts +€3,454
up €3,454 (+104%), from €3,321 to €6,774
- Short-term financial debts +€1,732
new in 2025: €1,732
- Gross operating margin -€47,472
down €47,472, from €18,788 to -€28,684
- Taxes -€3,521
down €3,521 (-100%), from €3,521 to €0
- Financial charges +€1,423
up €1,423 (+328%), from €433 to €1,856
- Other operating charges +€1,023
up €1,023 (+62.0%), from €1,649 to €2,672
- Depreciation -€523
down €523 (-9.9%), from €5,260 to €4,737
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 | €138,825 | €112,089 | -€26,736 | -19.3% |
| Fixed assets | 21/28 | €22,352 | €17,615 | -€4,737 | -21.2% |
| Tangible fixed assets | 22/27 | €22,352 | €17,615 | -€4,737 | -21.2% |
| Land and buildings | 22 | €8,903 | €7,880 | -€1,023 | -11.5% |
| Plant, machinery and equipment | 23 | €12,022 | €9,023 | -€2,999 | -24.9% |
| Furniture and vehicles | 24 | €1,428 | €713 | -€715 | -50.1% |
| Current assets | 29/58 | €116,473 | €94,474 | -€21,999 | -18.9% |
| Amounts receivable within one year | 40/41 | €55,174 | €74,036 | +€18,862 | +34.2% |
| Trade receivables | 40 | €20,159 | €42,244 | +€22,086 | +110% |
| Other amounts receivable | 41 | €35,016 | €31,792 | -€3,224 | -9.2% |
| Cash at bank and in hand | 54/58 | €61,299 | €19,782 | -€41,518 | -67.7% |
| Deferred charges and accrued income | 490/1 | €0 | €657 | +€657 | |
| Total equity and liabilities | 10/49 | €138,825 | €112,089 | -€26,736 | -19.3% |
| Equity | 10/15 | €131,816 | €94,076 | -€37,740 | -28.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €111,816 | €111,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €109,816 | €111,816 | +€2,000 | +1.8% |
| Profit (loss) carried forward | 14 | - | -€37,740 | -€37,740 | |
| Amounts payable | 17/49 | €7,010 | €18,014 | +€11,004 | +157% |
| Amounts payable within one year | 42/48 | €7,010 | €18,014 | +€11,004 | +157% |
| Financial debts | 43 | - | €1,732 | +€1,732 | |
| Credit institutions | 430/8 | - | €1,732 | +€1,732 | |
| Trade debts | 44 | €3,321 | €6,774 | +€3,454 | +104% |
| Suppliers | 440/4 | €3,321 | €6,774 | +€3,454 | +104% |
| Taxes, remuneration and social security | 45 | €3,256 | €1,871 | -€1,385 | -42.5% |
| Taxes | 450/3 | €3,256 | €1,871 | -€1,385 | -42.5% |
| Other amounts payable | 47/48 | €433 | €7,636 | +€7,203 | +1,663% |
| Non-recurring operating income | 76A | - | €10,328 | +€10,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,260 | €4,737 | -€523 | -9.9% |
| Other operating charges | 640/8 | €1,649 | €2,672 | +€1,023 | +62.0% |
| Gross operating margin | 9900 | €18,788 | -€28,684 | -€47,472 | |
| Operating profit (loss) | 9901 | €11,878 | -€36,094 | -€47,972 | |
| Financial income | 75/76B | €34 | €209 | +€175 | +514% |
| Recurring financial income | 75 | €34 | €209 | +€175 | +514% |
| Financial charges | 65/66B | €433 | €1,856 | +€1,423 | +328% |
| Recurring financial charges | 65 | €433 | €1,856 | +€1,423 | +328% |
| Profit (loss) for the period before taxes | 9903 | €11,479 | -€37,740 | -€49,220 | |
| Income taxes | 67/77 | €3,521 | €0 | -€3,521 | -100% |
| Profit (loss) for the period | 9904 | €7,959 | -€37,740 | -€45,699 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,959 | -€37,740 | -€45,699 |
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.