PRO ANTWERP: 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 ANTWERP
Largest movements
- Cash -€22,165
down €22,165 (-14.7%), from €150,493 to €128,328
mainly Trade debts (-€23,724) and Other debts (-€10,775)
- Tangible fixed assets -€17,478
down €17,478 (-56.4%), from €31,013 to €13,535
of which Plant, machinery and equipment: -€9,477
- Receivables within one year +€7,497
up €7,497 (+9.8%), from €76,878 to €84,375
- Trade debts -€23,724
down €23,724 (-12.7%), from €186,726 to €163,001
- Other debts -€10,775
down €10,775 (-5.8%), from €185,868 to €175,094
- Profit (loss) carried forward +€5,738
up €5,738 (+96.5%), from -€5,943 to -€205
- Tax, wage and social debts -€5,220
down €5,220 (-7.0%), from €74,585 to €69,365
of which Taxes: -€10,013
- Gross operating margin -€32,572
down €32,572 (-23.0%), from €141,412 to €108,840
- Staff costs -€6,889
down €6,889 (-8.6%), from €80,419 to €73,530
- Other operating charges -€5,517
down €5,517 (-59.6%), from €9,261 to €3,744
- Taxes +€4,294
up €4,294 (+381.3%), from €1,126 to €5,420
- Financial income +€1,616
up €1,616 (+43204.5%), from €4 to €1,620
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 | €447,436 | €413,455 | -€33,981 | -7.6% |
| Fixed assets | 21/28 | €38,513 | €21,035 | -€17,478 | -45.4% |
| Tangible fixed assets | 22/27 | €31,013 | €13,535 | -€17,478 | -56.4% |
| Plant, machinery and equipment | 23 | €20,058 | €10,582 | -€9,477 | -47.2% |
| Furniture and vehicles | 24 | €9,034 | €1,404 | -€7,630 | -84.5% |
| Other tangible fixed assets | 26 | €1,920 | €1,549 | -€371 | -19.3% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €408,923 | €392,420 | -€16,503 | -4.0% |
| Stocks and contracts in progress | 3 | €178,925 | €177,613 | -€1,313 | -0.7% |
| Stocks | 30/36 | €178,925 | €177,613 | -€1,313 | -0.7% |
| Amounts receivable within one year | 40/41 | €76,878 | €84,375 | +€7,497 | +9.8% |
| Trade receivables | 40 | €76,878 | €84,375 | +€7,497 | +9.8% |
| Cash at bank and in hand | 54/58 | €150,493 | €128,328 | -€22,165 | -14.7% |
| Deferred charges and accrued income | 490/1 | €2,627 | €2,104 | -€522 | -19.9% |
| Total equity and liabilities | 10/49 | €447,436 | €413,455 | -€33,981 | -7.6% |
| Equity | 10/15 | €257 | €5,995 | +€5,738 | +2229.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,943 | -€205 | +€5,738 | +96.5% |
| Amounts payable | 17/49 | €447,179 | €407,460 | -€39,719 | -8.9% |
| Amounts payable within one year | 42/48 | €447,179 | €407,460 | -€39,719 | -8.9% |
| Trade debts | 44 | €186,726 | €163,001 | -€23,724 | -12.7% |
| Suppliers | 440/4 | €186,726 | €163,001 | -€23,724 | -12.7% |
| Taxes, remuneration and social security | 45 | €74,585 | €69,365 | -€5,220 | -7.0% |
| Taxes | 450/3 | €22,020 | €12,006 | -€10,013 | -45.5% |
| Remuneration and social security | 454/9 | €52,565 | €57,359 | +€4,794 | +9.1% |
| Other amounts payable | 47/48 | €185,868 | €175,094 | -€10,775 | -5.8% |
| Remuneration, social security and pensions | 62 | €80,419 | €73,530 | -€6,889 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,830 | €20,162 | -€668 | -3.2% |
| Other operating charges | 640/8 | €9,261 | €3,744 | -€5,517 | -59.6% |
| Gross operating margin | 9900 | €141,412 | €108,840 | -€32,572 | -23.0% |
| Operating profit (loss) | 9901 | €30,902 | €11,404 | -€19,498 | -63.1% |
| Financial income | 75/76B | €4 | €1,620 | +€1,616 | +43204.5% |
| Recurring financial income | 75 | €4 | €1,620 | +€1,616 | +43204.5% |
| Financial charges | 65/66B | €1,897 | €1,866 | -€31 | -1.6% |
| Recurring financial charges | 65 | €1,897 | €1,866 | -€31 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €29,009 | €11,158 | -€17,851 | -61.5% |
| Income taxes | 67/77 | €1,126 | €5,420 | +€4,294 | +381.3% |
| Profit (loss) for the period | 9904 | €27,883 | €5,738 | -€22,145 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,883 | €5,738 | -€22,145 | -79.4% |
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 9 October 2026 via checked.be.