BPRO: what changed
Two fiscal 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.
BPRO
Largest movements
- Tangible fixed assets +€223,475
up €223,475 (+22.9%), from €974,700 to €1.2m
- Cash -€106,464
down €106,464 (-76.6%), from €139,053 to €32,589
mainly Investment in fixed assets (net) (-€265,872) and Net result for the year (-€30,533)
- Debts after one year +€134,441
up €134,441 (+12.1%), from €1.1m to €1.2m
of which Financial debts: +€117,316
- Profit (loss) carried forward -€30,533
down €30,533 (-175.3%), from -€17,414 to -€47,947
- Depreciation +€12,978
up €12,978 (+44.5%), from €29,169 to €42,147
- Financial charges +€3,369
up €3,369 (+31.0%), from €10,877 to €14,246
- Financial income +€1,509
up €1,509 (+219.3%), from €688 to €2,197
- Other operating charges +€1,161
up €1,161 (+26.0%), from €4,459 to €5,620
- Gross operating margin +€805
up €805 (+2.8%), from €28,478 to €29,282
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.
Cash bridge derived
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 | €1,120,288 | €1,232,750 | +€112,461 | +10.0% |
| Fixed assets | 21/28 | €974,700 | €1,198,425 | +€223,725 | +23.0% |
| Tangible fixed assets | 22/27 | €974,700 | €1,198,175 | +€223,475 | +22.9% |
| Land and buildings | 22 | €974,700 | €1,198,175 | +€223,475 | +22.9% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €145,589 | €34,325 | -€111,264 | -76.4% |
| Amounts receivable within one year | 40/41 | €6,536 | €1,251 | -€5,286 | -80.9% |
| Trade receivables | 40 | €4,926 | €1,121 | -€3,805 | -77.2% |
| Other amounts receivable | 41 | €1,610 | €129 | -€1,480 | -92.0% |
| Cash at bank and in hand | 54/58 | €139,053 | €32,589 | -€106,464 | -76.6% |
| Deferred charges and accrued income | 490/1 | - | €486 | +€486 | |
| Total equity and liabilities | 10/49 | €1,120,288 | €1,232,750 | +€112,461 | +10.0% |
| Equity | 10/15 | -€14,414 | -€44,947 | -€30,533 | -211.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,414 | -€47,947 | -€30,533 | -175.3% |
| Amounts payable | 17/49 | €1,134,702 | €1,277,697 | +€142,995 | +12.6% |
| Amounts payable after more than one year | 17 | €1,111,392 | €1,245,834 | +€134,441 | +12.1% |
| Financial debts | 170/4 | €443,371 | €560,687 | +€117,316 | +26.5% |
| Other amounts payable | 178/9 | €668,021 | €685,146 | +€17,125 | +2.6% |
| Amounts payable within one year | 42/48 | €23,076 | €31,864 | +€8,787 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €21,313 | €21,855 | +€541 | +2.5% |
| Trade debts | 44 | €1,763 | €5,850 | +€4,087 | +231.8% |
| Suppliers | 440/4 | €1,763 | €5,850 | +€4,087 | +231.8% |
| Taxes, remuneration and social security | 45 | - | €4,159 | +€4,159 | |
| Taxes | 450/3 | - | €4,159 | +€4,159 | |
| Accrued charges and deferred income | 492/3 | €234 | €0 | -€234 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,169 | €42,147 | +€12,978 | +44.5% |
| Other operating charges | 640/8 | €4,459 | €5,620 | +€1,161 | +26.0% |
| Gross operating margin | 9900 | €28,478 | €29,282 | +€805 | +2.8% |
| Operating profit (loss) | 9901 | -€5,151 | -€18,485 | -€13,334 | -258.9% |
| Financial income | 75/76B | €688 | €2,197 | +€1,509 | +219.3% |
| Recurring financial income | 75 | €688 | €2,197 | +€1,509 | +219.3% |
| Financial charges | 65/66B | €10,877 | €14,246 | +€3,369 | +31.0% |
| Recurring financial charges | 65 | €10,877 | €14,246 | +€3,369 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,340 | -€30,533 | -€15,193 | -99.0% |
| Profit (loss) for the period | 9904 | -€15,340 | -€30,533 | -€15,193 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,340 | -€30,533 | -€15,193 | -99.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.