Désiré PROSMANS: 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.
Désiré PROSMANS
Largest movements
- Tangible fixed assets +€124,824
up €124,824 (+590%), from €21,149 to €145,973
of which Leasing and similar rights: +€140,559
- Receivables within one year +€23,477
up €23,477 (+134%), from €17,584 to €41,060
of which Trade receivables: +€22,980
- Cash -€17,381
down €17,381 (-65.5%), from €26,534 to €9,154
mainly Investment in fixed assets (net) (-€137,890) and Receivables within one year (-€23,477)
- Deferred charges and accrued income +€3,883
up €3,883 (+57.7%), from €6,727 to €10,611
- Debts after one year +€80,386
up €80,386 (+466%), from €17,264 to €97,650
- Reserves +€25,127
up €25,127 (+115%), from €21,855 to €46,982
of which Tax-exempt reserves: +€35,127
- Current portion of long-term debt +€19,227
up €19,227 (+512%), from €3,755 to €22,982
- Provisions +€11,709
new in 2025: €11,709
- Gross operating margin +€32,129
up €32,129 (+125%), from €25,631 to €57,760
- Other operating charges +€4,011
up €4,011 (+350%), from €1,145 to €5,155
- Taxes -€2,583
down €2,583 (-100%), from €2,583 to €0
- Depreciation +€1,929
up €1,929 (+17.3%), from €11,137 to €13,066
- Financial charges +€1,399
up €1,399 (+124%), from €1,123 to €2,522
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 | €81,175 | €215,978 | +€134,804 | +166% |
| Fixed assets | 21/28 | €30,329 | €155,153 | +€124,824 | +412% |
| Tangible fixed assets | 22/27 | €21,149 | €145,973 | +€124,824 | +590% |
| Plant, machinery and equipment | 23 | €3,139 | €3,324 | +€185 | +5.9% |
| Furniture and vehicles | 24 | €18,010 | €2,091 | -€15,919 | -88.4% |
| Leasing and similar rights | 25 | - | €140,559 | +€140,559 | |
| Financial fixed assets | 28 | €9,180 | €9,180 | = | 0.0% |
| Current assets | 29/58 | €50,846 | €60,825 | +€9,979 | +19.6% |
| Amounts receivable within one year | 40/41 | €17,584 | €41,060 | +€23,477 | +134% |
| Trade receivables | 40 | €14,506 | €37,486 | +€22,980 | +158% |
| Other amounts receivable | 41 | €3,078 | €3,574 | +€496 | +16.1% |
| Cash at bank and in hand | 54/58 | €26,534 | €9,154 | -€17,381 | -65.5% |
| Deferred charges and accrued income | 490/1 | €6,727 | €10,611 | +€3,883 | +57.7% |
| Total equity and liabilities | 10/49 | €81,175 | €215,978 | +€134,804 | +166% |
| Equity | 10/15 | €41,289 | €66,399 | +€25,110 | +60.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €21,855 | €46,982 | +€25,127 | +115% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €35,127 | +€35,127 | |
| Distributable reserves | 133 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Profit (loss) carried forward | 14 | €884 | €867 | -€18 | -2.0% |
| Provisions and deferred taxes | 16 | - | €11,709 | +€11,709 | |
| Deferred taxes | 168 | - | €11,709 | +€11,709 | |
| Amounts payable | 17/49 | €39,885 | €137,870 | +€97,985 | +246% |
| Amounts payable after more than one year | 17 | €17,264 | €97,650 | +€80,386 | +466% |
| Financial debts | 170/4 | €17,264 | €97,650 | +€80,386 | +466% |
| Amounts payable within one year | 42/48 | €22,560 | €39,772 | +€17,212 | +76.3% |
| Current portion of amounts payable after more than one year | 42 | €3,755 | €22,982 | +€19,227 | +512% |
| Trade debts | 44 | €8,445 | €6,412 | -€2,033 | -24.1% |
| Suppliers | 440/4 | €8,445 | €6,412 | -€2,033 | -24.1% |
| Taxes, remuneration and social security | 45 | €2,424 | €2,356 | -€68 | -2.8% |
| Taxes | 450/3 | €1,888 | €1,540 | -€348 | -18.4% |
| Remuneration and social security | 454/9 | €536 | €816 | +€280 | +52.2% |
| Other amounts payable | 47/48 | €7,936 | €8,021 | +€85 | +1.1% |
| Accrued charges and deferred income | 492/3 | €61 | €448 | +€387 | +629% |
| Non-recurring operating income | 76A | - | €52,836 | +€52,836 | |
| Remuneration, social security and pensions | 62 | €1,195 | €199 | -€996 | -83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,137 | €13,066 | +€1,929 | +17.3% |
| Other operating charges | 640/8 | €1,145 | €5,155 | +€4,011 | +350% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €25,631 | €57,760 | +€32,129 | +125% |
| Operating profit (loss) | 9901 | €12,154 | €39,340 | +€27,186 | +224% |
| Financial income | 75/76B | €1 | €1 | -€0 | -26.0% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -26.0% |
| Financial charges | 65/66B | €1,123 | €2,522 | +€1,399 | +124% |
| Recurring financial charges | 65 | €1,123 | €2,522 | +€1,399 | +124% |
| Profit (loss) for the period before taxes | 9903 | €11,032 | €36,819 | +€25,787 | +234% |
| Transfer from deferred taxes | 780 | - | €891 | +€891 | |
| Transfer to deferred taxes | 680 | - | €12,600 | +€12,600 | |
| Income taxes | 67/77 | €2,583 | €0 | -€2,583 | -100% |
| Profit (loss) for the period | 9904 | €8,449 | €25,110 | +€16,661 | +197% |
| Transfer from tax-exempt reserves | 789 | - | €2,672 | +€2,672 | |
| Transfer to tax-exempt reserves | 689 | - | €37,799 | +€37,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,449 | -€10,018 | -€18,466 |
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 18 October 2026 via checked.be.