PRO BLAST: 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 BLAST
Largest movements
- Tangible fixed assets +€265,300
up €265,300 (+1024.1%), from €25,907 to €291,207
of which Assets under construction and advance payments: +€178,633
- Receivables within one year +€98,397
up €98,397 (+70.4%), from €139,740 to €238,138
of which Other amounts receivable: +€79,488
- Cash +€6,371
up €6,371 (+216.4%), from €2,944 to €9,315
mainly Debts after one year (+€294,065) and Net result for the year (+€54,214)
- Debts after one year +€294,065
up €294,065 (+1908.8%), from €15,405 to €309,470
- Profit (loss) carried forward +€54,214
up €54,214 (+51.9%), from €104,457 to €158,671
- Trade debts +€22,912
up €22,912 (+842.3%), from €2,720 to €25,632
- Gross operating margin +€42,875
up €42,875 (+88.0%), from €48,697 to €91,571
- Taxes +€8,182
up €8,182 (+111.1%), from €7,365 to €15,547
- Other operating charges +€4,707
up €4,707 (+181.9%), from €2,588 to €7,295
- Depreciation +€953
up €953 (+8.4%), from €11,281 to €12,233
- Financial charges +€940
up €940 (+61.6%), from €1,527 to €2,467
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 | €168,591 | €538,660 | +€370,068 | +219.5% |
| Fixed assets | 21/28 | €25,907 | €291,207 | +€265,300 | +1024.1% |
| Tangible fixed assets | 22/27 | €25,907 | €291,207 | +€265,300 | +1024.1% |
| Land and buildings | 22 | - | €88,900 | +€88,900 | |
| Plant, machinery and equipment | 23 | €7,899 | €4,657 | -€3,242 | -41.0% |
| Furniture and vehicles | 24 | €18,008 | €19,016 | +€1,009 | +5.6% |
| Assets under construction and advance payments | 27 | - | €178,633 | +€178,633 | |
| Current assets | 29/58 | €142,685 | €247,453 | +€104,768 | +73.4% |
| Amounts receivable within one year | 40/41 | €139,740 | €238,138 | +€98,397 | +70.4% |
| Trade receivables | 40 | €37,408 | €56,317 | +€18,909 | +50.5% |
| Other amounts receivable | 41 | €102,332 | €181,821 | +€79,488 | +77.7% |
| Cash at bank and in hand | 54/58 | €2,944 | €9,315 | +€6,371 | +216.4% |
| Total equity and liabilities | 10/49 | €168,591 | €538,660 | +€370,068 | +219.5% |
| Equity | 10/15 | €109,457 | €163,671 | +€54,214 | +49.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,457 | €158,671 | +€54,214 | +51.9% |
| Amounts payable | 17/49 | €59,135 | €374,989 | +€315,854 | +534.1% |
| Amounts payable after more than one year | 17 | €15,405 | €309,470 | +€294,065 | +1908.8% |
| Financial debts | 170/4 | €15,405 | €309,470 | +€294,065 | +1908.8% |
| Amounts payable within one year | 42/48 | €43,729 | €65,519 | +€21,790 | +49.8% |
| Financial debts | 43 | €13,819 | €17,736 | +€3,917 | +28.3% |
| Credit institutions | 430/8 | €13,819 | €17,736 | +€3,917 | +28.3% |
| Trade debts | 44 | €2,720 | €25,632 | +€22,912 | +842.3% |
| Suppliers | 440/4 | €2,720 | €25,632 | +€22,912 | +842.3% |
| Taxes, remuneration and social security | 45 | €27,190 | €22,151 | -€5,039 | -18.5% |
| Taxes | 450/3 | €27,190 | €22,151 | -€5,039 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,281 | €12,233 | +€953 | +8.4% |
| Other operating charges | 640/8 | €2,588 | €7,295 | +€4,707 | +181.9% |
| Gross operating margin | 9900 | €48,697 | €91,571 | +€42,875 | +88.0% |
| Operating profit (loss) | 9901 | €34,828 | €72,043 | +€37,215 | +106.9% |
| Financial income | 75/76B | €25 | €185 | +€160 | +645.5% |
| Recurring financial income | 75 | €25 | €185 | +€160 | +645.5% |
| Financial charges | 65/66B | €1,527 | €2,467 | +€940 | +61.6% |
| Recurring financial charges | 65 | €1,527 | €2,467 | +€940 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | €33,326 | €69,761 | +€36,435 | +109.3% |
| Income taxes | 67/77 | €7,365 | €15,547 | +€8,182 | +111.1% |
| Profit (loss) for the period | 9904 | €25,961 | €54,214 | +€28,253 | +108.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,961 | €54,214 | +€28,253 | +108.8% |
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 7 October 2026 via checked.be.