PRO-ACTIO: 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.
PRO-ACTIO
Largest movements
- Cash +€310,252
up €310,252 (+42.2%), from €735,454 to €1.0m
mainly Net result for the year (+€391,209) and Other debts (+€389,477)
- Receivables within one year +€25,542
up €25,542 (+2.0%), from €1.3m to €1.3m
of which Trade receivables: +€13,415
- Other debts +€389,477
up €389,477 (+635.3%), from €61,309 to €450,786
- Tax, wage and social debts -€88,377
down €88,377 (-42.1%), from €210,044 to €121,667
of which Taxes: -€94,171
- Trade debts +€79,329
up €79,329 (+61.7%), from €128,654 to €207,983
- Reserves -€59,577
down €59,577 (-3.9%), from €1.5m to €1.5m
of which Distributable reserves: -€59,577
- Other operating charges +€106,202
up €106,202 (+39.0%), from €272,568 to €378,770
- Staff costs +€63,394
up €63,394 (+8.4%), from €754,331 to €817,725
- Taxes -€41,683
down €41,683 (-23.4%), from €178,499 to €136,816
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 | €2,136,477 | €2,457,100 | +€320,622 | +15.0% |
| Fixed assets | 21/28 | €143,639 | €129,542 | -€14,097 | -9.8% |
| Tangible fixed assets | 22/27 | €48,639 | €34,542 | -€14,097 | -29.0% |
| Land and buildings | 22 | €35,515 | €29,154 | -€6,362 | -17.9% |
| Furniture and vehicles | 24 | €13,124 | €5,388 | -€7,735 | -58.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €95,000 | €95,000 | = | 0.0% |
| Current assets | 29/58 | €1,992,838 | €2,327,557 | +€334,719 | +16.8% |
| Amounts receivable within one year | 40/41 | €1,254,362 | €1,279,904 | +€25,542 | +2.0% |
| Trade receivables | 40 | €1,231,412 | €1,244,827 | +€13,415 | +1.1% |
| Other amounts receivable | 41 | €22,951 | €35,077 | +€12,127 | +52.8% |
| Cash at bank and in hand | 54/58 | €735,454 | €1,045,706 | +€310,252 | +42.2% |
| Deferred charges and accrued income | 490/1 | €3,022 | €1,948 | -€1,074 | -35.5% |
| Total equity and liabilities | 10/49 | €2,136,477 | €2,457,100 | +€320,622 | +15.0% |
| Equity | 10/15 | €1,685,844 | €1,626,267 | -€59,577 | -3.5% |
| Contributions | 10/11 | €163,619 | €163,619 | = | 0.0% |
| Reserves | 13 | €1,522,225 | €1,462,648 | -€59,577 | -3.9% |
| Non-distributable reserves | 130/1 | €36 | €36 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36 | €36 | = | 0.0% |
| Distributable reserves | 133 | €1,522,189 | €1,462,611 | -€59,577 | -3.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €450,633 | €830,833 | +€380,200 | +84.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €450,633 | €830,833 | +€380,200 | +84.4% |
| Financial debts | 43 | €50,626 | €50,397 | -€230 | -0.5% |
| Credit institutions | 430/8 | €50,626 | €50,397 | -€230 | -0.5% |
| Trade debts | 44 | €128,654 | €207,983 | +€79,329 | +61.7% |
| Suppliers | 440/4 | €128,654 | €207,983 | +€79,329 | +61.7% |
| Taxes, remuneration and social security | 45 | €210,044 | €121,667 | -€88,377 | -42.1% |
| Taxes | 450/3 | €126,926 | €32,755 | -€94,171 | -74.2% |
| Remuneration and social security | 454/9 | €83,117 | €88,912 | +€5,794 | +7.0% |
| Other amounts payable | 47/48 | €61,309 | €450,786 | +€389,477 | +635.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €754,331 | €817,725 | +€63,394 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,493 | €16,742 | -€5,751 | -25.6% |
| Other operating charges | 640/8 | €272,568 | €378,770 | +€106,202 | +39.0% |
| Gross operating margin | 9900 | €1,749,597 | €1,739,902 | -€9,695 | -0.6% |
| Operating profit (loss) | 9901 | €700,205 | €526,665 | -€173,540 | -24.8% |
| Financial income | 75/76B | €5,647 | €7,235 | +€1,588 | +28.1% |
| Recurring financial income | 75 | €5,647 | €7,235 | +€1,588 | +28.1% |
| Financial charges | 65/66B | €9,621 | €5,876 | -€3,745 | -38.9% |
| Recurring financial charges | 65 | €9,621 | €5,876 | -€3,745 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €696,231 | €528,025 | -€168,206 | -24.2% |
| Income taxes | 67/77 | €178,499 | €136,816 | -€41,683 | -23.4% |
| Profit (loss) for the period | 9904 | €517,732 | €391,209 | -€126,523 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €517,732 | €391,209 | -€126,523 | -24.4% |
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 8 October 2026 via checked.be.