ALL-PROTEC: 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.
ALL-PROTEC
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash -€70,139
down €70,139 (-15.2%), from €462,692 to €392,553
mainly Contributions, distributions and other (-€400,000) and Other debts (-€150,000)
- Stocks and contracts -€27,890
down €27,890 (-23.0%), from €121,158 to €93,268
- Other debts -€150,000
down €150,000 (-27.3%), from €550,000 to €400,000
- Trade debts -€59,413
down €59,413 (-37.0%), from €160,636 to €101,223
- Tax, wage and social debts +€23,392
up €23,392 (+38.5%), from €60,814 to €84,205
of which Taxes: +€13,329
- Provisions -€15,934
no longer reported in 2025 (was €15,934)
- Gross operating margin -€69,247
down €69,247 (-7.3%), from €954,379 to €885,132
- Provisions -€31,868
down €31,868, from €15,934 to -€15,934
- Staff costs +€26,066
up €26,066 (+7.9%), from €330,201 to €356,267
- Taxes -€22,232
down €22,232 (-14.5%), from €153,687 to €131,455
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 | €950,876 | €750,446 | -€200,430 | -21.1% |
| Fixed assets | 21/28 | €81,181 | €73,208 | -€7,972 | -9.8% |
| Intangible fixed assets | 21 | €158 | €0 | -€158 | -100% |
| Tangible fixed assets | 22/27 | €80,903 | €73,088 | -€7,814 | -9.7% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €80,903 | €73,088 | -€7,814 | -9.7% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €869,695 | €677,238 | -€192,457 | -22.1% |
| Stocks and contracts in progress | 3 | €121,158 | €93,268 | -€27,890 | -23.0% |
| Stocks | 30/36 | €121,158 | €93,268 | -€27,890 | -23.0% |
| Amounts receivable within one year | 40/41 | €181,124 | €186,411 | +€5,287 | +2.9% |
| Trade receivables | 40 | €167,128 | €182,340 | +€15,213 | +9.1% |
| Other amounts receivable | 41 | €13,996 | €4,070 | -€9,926 | -70.9% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €462,692 | €392,553 | -€70,139 | -15.2% |
| Deferred charges and accrued income | 490/1 | €4,722 | €5,007 | +€285 | +6.0% |
| Total equity and liabilities | 10/49 | €950,876 | €750,446 | -€200,430 | -21.1% |
| Equity | 10/15 | €163,276 | €163,289 | +€12 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €97,249 | €97,249 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €91,049 | €91,049 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,027 | €4,039 | +€12 | +0.3% |
| Provisions and deferred taxes | 16 | €15,934 | - | -€15,934 | |
| Provisions for liabilities and charges | 160/5 | €15,934 | - | -€15,934 | |
| Other liabilities and charges | 164/5 | €15,934 | - | -€15,934 | |
| Amounts payable | 17/49 | €771,666 | €587,157 | -€184,509 | -23.9% |
| Amounts payable within one year | 42/48 | €771,449 | €585,428 | -€186,021 | -24.1% |
| Trade debts | 44 | €160,636 | €101,223 | -€59,413 | -37.0% |
| Suppliers | 440/4 | €160,636 | €101,223 | -€59,413 | -37.0% |
| Taxes, remuneration and social security | 45 | €60,814 | €84,205 | +€23,392 | +38.5% |
| Taxes | 450/3 | €10,806 | €24,135 | +€13,329 | +123% |
| Remuneration and social security | 454/9 | €50,008 | €60,070 | +€10,063 | +20.1% |
| Other amounts payable | 47/48 | €550,000 | €400,000 | -€150,000 | -27.3% |
| Accrued charges and deferred income | 492/3 | €217 | €1,729 | +€1,512 | +698% |
| Non-recurring operating income | 76A | - | €778 | +€778 | |
| Remuneration, social security and pensions | 62 | €330,201 | €356,267 | +€26,066 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,882 | €24,902 | -€1,980 | -7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,412 | -€4,395 | -€7,808 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €15,934 | -€15,934 | -€31,868 | |
| Other operating charges | 640/8 | €1,219 | €1,147 | -€72 | -5.9% |
| Gross operating margin | 9900 | €954,379 | €885,132 | -€69,247 | -7.3% |
| Operating profit (loss) | 9901 | €576,731 | €523,146 | -€53,585 | -9.3% |
| Financial income | 75/76B | €13,725 | €10,181 | -€3,544 | -25.8% |
| Recurring financial income | 75 | €13,725 | €10,181 | -€3,544 | -25.8% |
| Financial charges | 65/66B | €1,752 | €1,860 | +€108 | +6.2% |
| Recurring financial charges | 65 | €1,752 | €1,860 | +€108 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €588,704 | €531,467 | -€57,237 | -9.7% |
| Income taxes | 67/77 | €153,687 | €131,455 | -€22,232 | -14.5% |
| Profit (loss) for the period | 9904 | €435,017 | €400,012 | -€35,005 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €435,017 | €400,012 | -€35,005 | -8.0% |
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 22 October 2026 via checked.be.