A-PROCUREMENT: 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.
A-PROCUREMENT
Largest movements
- Receivables within one year -€50,807
down €50,807 (-30.0%), from €169,434 to €118,627
of which Trade receivables: -€30,627
- Cash +€19,861
up €19,861 (+534%), from €3,721 to €23,582
mainly Receivables within one year (+€50,807) and Net result for the year (+€20,872)
- Stocks and contracts -€10,190
down €10,190 (-83.4%), from €12,220 to €2,031
- Trade debts -€38,405
down €38,405 (-73.0%), from €52,627 to €14,222
- Other debts -€16,356
down €16,356 (-29.6%), from €55,189 to €38,833
- Tax, wage and social debts +€13,176
up €13,176 (+127%), from €10,375 to €23,551
- Gross operating margin -€14,528
down €14,528 (-30.5%), from €47,688 to €33,160
- Taxes -€1,292
down €1,292 (-13.1%), from €9,859 to €8,566
- Financial charges +€617
up €617 (+31.4%), from €1,968 to €2,585
- Other operating charges -€589
down €589 (-87.5%), from €673 to €84
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 | €188,178 | €147,464 | -€40,714 | -21.6% |
| Fixed assets | 21/28 | €2,505 | €2,923 | +€417 | +16.7% |
| Tangible fixed assets | 22/27 | €2,505 | €2,923 | +€417 | +16.7% |
| Land and buildings | 22 | €688 | €438 | -€250 | -36.4% |
| Furniture and vehicles | 24 | €1,817 | €2,485 | +€668 | +36.8% |
| Current assets | 29/58 | €185,672 | €144,541 | -€41,131 | -22.2% |
| Stocks and contracts in progress | 3 | €12,220 | €2,031 | -€10,190 | -83.4% |
| Stocks | 30/36 | €12,220 | €2,031 | -€10,190 | -83.4% |
| Amounts receivable within one year | 40/41 | €169,434 | €118,627 | -€50,807 | -30.0% |
| Trade receivables | 40 | €141,638 | €111,012 | -€30,627 | -21.6% |
| Other amounts receivable | 41 | €27,795 | €7,615 | -€20,180 | -72.6% |
| Cash at bank and in hand | 54/58 | €3,721 | €23,582 | +€19,861 | +534% |
| Deferred charges and accrued income | 490/1 | €297 | €302 | +€4 | +1.5% |
| Total equity and liabilities | 10/49 | €188,178 | €147,464 | -€40,714 | -21.6% |
| Equity | 10/15 | €69,987 | €70,858 | +€872 | +1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,987 | €20,858 | +€872 | +4.4% |
| Amounts payable | 17/49 | €118,191 | €76,606 | -€41,585 | -35.2% |
| Amounts payable within one year | 42/48 | €118,191 | €76,606 | -€41,585 | -35.2% |
| Trade debts | 44 | €52,627 | €14,222 | -€38,405 | -73.0% |
| Suppliers | 440/4 | €52,627 | €14,222 | -€38,405 | -73.0% |
| Taxes, remuneration and social security | 45 | €10,375 | €23,551 | +€13,176 | +127% |
| Taxes | 450/3 | €10,375 | €23,551 | +€13,176 | +127% |
| Other amounts payable | 47/48 | €55,189 | €38,833 | -€16,356 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €763 | €1,083 | +€319 | +41.8% |
| Other operating charges | 640/8 | €673 | €84 | -€589 | -87.5% |
| Gross operating margin | 9900 | €47,688 | €33,160 | -€14,528 | -30.5% |
| Operating profit (loss) | 9901 | €46,251 | €31,993 | -€14,258 | -30.8% |
| Financial income | 75/76B | €218 | €30 | -€188 | -86.2% |
| Recurring financial income | 75 | €218 | €30 | -€188 | -86.2% |
| Financial charges | 65/66B | €1,968 | €2,585 | +€617 | +31.4% |
| Recurring financial charges | 65 | €1,968 | €2,585 | +€617 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €44,501 | €29,438 | -€15,063 | -33.8% |
| Income taxes | 67/77 | €9,859 | €8,566 | -€1,292 | -13.1% |
| Profit (loss) for the period | 9904 | €34,642 | €20,872 | -€13,771 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,642 | €20,872 | -€13,771 | -39.8% |
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 14 October 2026 via checked.be.