PROTEN: what changed
PROTEN
Largest movements
- Cash -€11,018
down €11,018 (-15.1%), from €72,966 to €61,948
mainly Investment in fixed assets (net) (-€12,424) and Current portion of long-term debt (-€8,850)
- Tangible fixed assets -€2,576
down €2,576 (-4.9%), from €52,596 to €50,020
of which Furniture and vehicles: -€7,836
- Deferred charges and accrued income -€1,732
down €1,732 (-95.7%), from €1,809 to €77
- Current portion of long-term debt -€8,850
down €8,850 (-58.2%), from €15,213 to €6,363
- Debts after one year -€6,363
down €6,363 (-39.5%), from €16,094 to €9,731
of which Financial debts: -€6,363
- Trade debts -€6,238
no longer reported in 2025 (was €6,238)
- Profit (loss) carried forward +€2,301
up €2,301 (+6.1%), from €37,465 to €39,766
- Other debts +€1,879
up €1,879 (+6.7%), from €28,051 to €29,930
- Gross operating margin +€2,766
up €2,766 (+12.8%), from €21,546 to €24,312
- Financial charges -€2,220
down €2,220 (-70.9%), from €3,134 to €913
- Depreciation +€1,461
up €1,461 (+10.8%), from €13,539 to €15,000
- Financial income -€628
down €628 (-47.6%), from €1,321 to €692
- Taxes +€408
up €408 (+151%), from €271 to €679
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,520 | €116,832 | -€15,688 | -11.8% |
| Fixed assets | 21/28 | €52,621 | €50,045 | -€2,576 | -4.9% |
| Tangible fixed assets | 22/27 | €52,596 | €50,020 | -€2,576 | -4.9% |
| Land and buildings | 22 | €27,454 | €33,360 | +€5,907 | +21.5% |
| Furniture and vehicles | 24 | €20,422 | €12,587 | -€7,836 | -38.4% |
| Other tangible fixed assets | 26 | €4,720 | €4,074 | -€647 | -13.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €79,899 | €66,787 | -€13,112 | -16.4% |
| Amounts receivable after more than one year | 29 | - | €542 | +€542 | |
| Other amounts receivable | 291 | - | €542 | +€542 | |
| Amounts receivable within one year | 40/41 | €5,124 | €4,220 | -€904 | -17.6% |
| Trade receivables | 40 | €5,124 | €4,220 | -€904 | -17.6% |
| Cash at bank and in hand | 54/58 | €72,966 | €61,948 | -€11,018 | -15.1% |
| Deferred charges and accrued income | 490/1 | €1,809 | €77 | -€1,732 | -95.7% |
| Total equity and liabilities | 10/49 | €132,520 | €116,832 | -€15,688 | -11.8% |
| Equity | 10/15 | €57,925 | €60,226 | +€2,301 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,465 | €39,766 | +€2,301 | +6.1% |
| Amounts payable | 17/49 | €74,595 | €56,606 | -€17,989 | -24.1% |
| Amounts payable after more than one year | 17 | €16,094 | €9,731 | -€6,363 | -39.5% |
| Financial debts | 170/4 | €8,594 | €2,231 | -€6,363 | -74.0% |
| Other amounts payable | 178/9 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,501 | €46,875 | -€11,626 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €15,213 | €6,363 | -€8,850 | -58.2% |
| Financial debts | 43 | €110 | - | -€110 | |
| Credit institutions | 430/8 | €110 | - | -€110 | |
| Trade debts | 44 | €6,238 | - | -€6,238 | |
| Suppliers | 440/4 | €6,238 | - | -€6,238 | |
| Taxes, remuneration and social security | 45 | €8,890 | €10,583 | +€1,692 | +19.0% |
| Taxes | 450/3 | €8,890 | €10,583 | +€1,692 | +19.0% |
| Other amounts payable | 47/48 | €28,051 | €29,930 | +€1,879 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,539 | €15,000 | +€1,461 | +10.8% |
| Other operating charges | 640/8 | €5,816 | €6,112 | +€296 | +5.1% |
| Gross operating margin | 9900 | €21,546 | €24,312 | +€2,766 | +12.8% |
| Operating profit (loss) | 9901 | €2,191 | €3,201 | +€1,010 | +46.1% |
| Financial income | 75/76B | €1,321 | €692 | -€628 | -47.6% |
| Recurring financial income | 75 | €1,321 | €692 | -€628 | -47.6% |
| Financial charges | 65/66B | €3,134 | €913 | -€2,220 | -70.9% |
| Recurring financial charges | 65 | €3,134 | €913 | -€2,220 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €378 | €2,980 | +€2,602 | +689% |
| Income taxes | 67/77 | €271 | €679 | +€408 | +151% |
| Profit (loss) for the period | 9904 | €107 | €2,301 | +€2,194 | +2,050% |
| Profit (loss) for the period to be appropriated | 9905 | €107 | €2,301 | +€2,194 | +2,050% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.