PRO-AM: 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.
PRO-AM
Largest movements
- Receivables within one year +€206,252
up €206,252 (+135%), from €152,521 to €358,773
of which Trade receivables: +€206,252
- Tangible fixed assets -€112,625
down €112,625 (-1.6%), from €7.0m to €6.9m
of which Land and buildings: -€139,839
- Other debts +€469,750
up €469,750 (+7.8%), from €6.0m to €6.5m
- Profit (loss) carried forward -€396,968
down €396,968 (-21.9%), from -€1.8m to -€2.2m
- Gross operating margin -€160,146
down €160,146 (-62.2%), from €257,582 to €97,436
- Staff costs -€5,950
down €5,950 (-11.3%), from €52,617 to €46,667
- Financial charges +€4,320
up €4,320 (+2.4%), from €182,287 to €186,607
- Depreciation +€3,380
up €3,380 (+1.4%), from €242,949 to €246,329
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 | €7,161,304 | €7,235,436 | +€74,132 | +1.0% |
| Fixed assets | 21/28 | €6,970,410 | €6,857,786 | -€112,625 | -1.6% |
| Tangible fixed assets | 22/27 | €6,970,410 | €6,857,786 | -€112,625 | -1.6% |
| Land and buildings | 22 | €6,888,467 | €6,748,628 | -€139,839 | -2.0% |
| Plant, machinery and equipment | 23 | €81,943 | €93,837 | +€11,894 | +14.5% |
| Furniture and vehicles | 24 | - | €15,321 | +€15,321 | |
| Current assets | 29/58 | €190,893 | €377,650 | +€186,757 | +97.8% |
| Amounts receivable within one year | 40/41 | €152,521 | €358,773 | +€206,252 | +135% |
| Trade receivables | 40 | €152,329 | €358,581 | +€206,252 | +135% |
| Other amounts receivable | 41 | €192 | €192 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,329 | €14,882 | -€19,446 | -56.6% |
| Deferred charges and accrued income | 490/1 | €4,044 | €3,995 | -€49 | -1.2% |
| Total equity and liabilities | 10/49 | €7,161,304 | €7,235,436 | +€74,132 | +1.0% |
| Equity | 10/15 | €1,094,883 | €697,916 | -€396,968 | -36.3% |
| Contributions | 10/11 | €2,900,000 | €2,900,000 | = | 0.0% |
| Capital | 10 | €2,900,000 | €2,900,000 | = | 0.0% |
| Issued capital | 100 | €2,900,000 | €2,900,000 | = | 0.0% |
| Reserves | 13 | €3,421 | €3,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,421 | €3,421 | = | 0.0% |
| Legal reserve | 130 | €3,421 | €3,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,808,538 | -€2,205,506 | -€396,968 | -21.9% |
| Amounts payable | 17/49 | €6,066,420 | €6,537,520 | +€471,100 | +7.8% |
| Amounts payable within one year | 42/48 | €6,038,454 | €6,537,520 | +€499,066 | +8.3% |
| Trade debts | 44 | €18,381 | €48,047 | +€29,666 | +161% |
| Suppliers | 440/4 | €18,381 | €48,047 | +€29,666 | +161% |
| Taxes, remuneration and social security | 45 | €3,414 | €3,063 | -€350 | -10.3% |
| Remuneration and social security | 454/9 | €3,414 | €3,063 | -€350 | -10.3% |
| Other amounts payable | 47/48 | €6,016,660 | €6,486,410 | +€469,750 | +7.8% |
| Accrued charges and deferred income | 492/3 | €27,966 | - | -€27,966 | |
| Remuneration, social security and pensions | 62 | €52,617 | €46,667 | -€5,950 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242,949 | €246,329 | +€3,380 | +1.4% |
| Other operating charges | 640/8 | €14,777 | €14,801 | +€24 | +0.2% |
| Gross operating margin | 9900 | €257,582 | €97,436 | -€160,146 | -62.2% |
| Operating profit (loss) | 9901 | -€52,761 | -€210,361 | -€157,600 | -299% |
| Financial charges | 65/66B | €182,287 | €186,607 | +€4,320 | +2.4% |
| Recurring financial charges | 65 | €182,287 | €186,607 | +€4,320 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€235,048 | -€396,968 | -€161,920 | -68.9% |
| Profit (loss) for the period | 9904 | -€235,048 | -€396,968 | -€161,920 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€235,048 | -€396,968 | -€161,920 | -68.9% |
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.