PRO-BUILD: 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-BUILD
Largest movements
- Tangible fixed assets -€372,597
no longer reported in 2025 (was €372,597)
- Cash +€326,013
up €326,013 (+1811.8%), from €17,994 to €344,006
mainly Net result for the year (+€733,977) and Investment in fixed assets (net) (+€372,597)
- Stocks and contracts -€244,219
down €244,219 (-15.5%), from €1.6m to €1.3m
- Profit (loss) carried forward +€733,977
up €733,977, from -€371,576 to €362,401
- Other debts -€348,017
down €348,017 (-22.8%), from €1.5m to €1.2m
- Short-term financial debts -€308,427
down €308,427 (-82.2%), from €375,330 to €66,903
- Debts after one year -€195,000
no longer reported in 2025 (was €195,000)
of which Financial debts: -€185,970
- Trade debts -€108,663
down €108,663 (-89.2%), from €121,825 to €13,162
- Gross operating margin +€722,411
up €722,411 (+338.2%), from €213,582 to €935,994
- Taxes +€133,105
up €133,105, from -€36 to €133,069
- Depreciation -€47,774
no longer reported in 2025 (was €47,774)
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 | €1,986,285 | €1,693,061 | -€293,224 | -14.8% |
| Fixed assets | 21/28 | €372,597 | - | -€372,597 | |
| Tangible fixed assets | 22/27 | €372,597 | - | -€372,597 | |
| Land and buildings | 22 | €372,597 | - | -€372,597 | |
| Current assets | 29/58 | €1,613,687 | €1,693,061 | +€79,373 | +4.9% |
| Stocks and contracts in progress | 3 | €1,573,512 | €1,329,293 | -€244,219 | -15.5% |
| Stocks | 30/36 | €1,573,512 | €1,329,293 | -€244,219 | -15.5% |
| Amounts receivable within one year | 40/41 | €19,761 | €19,761 | = | 0.0% |
| Other amounts receivable | 41 | €19,761 | €19,761 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,994 | €344,006 | +€326,013 | +1811.8% |
| Deferred charges and accrued income | 490/1 | €2,420 | - | -€2,420 | |
| Total equity and liabilities | 10/49 | €1,986,285 | €1,693,061 | -€293,224 | -14.8% |
| Equity | 10/15 | -€309,341 | €424,636 | +€733,977 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,235 | €42,235 | = | 0.0% |
| Distributable reserves | 133 | €42,235 | €42,235 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€371,576 | €362,401 | +€733,977 | |
| Amounts payable | 17/49 | €2,295,626 | €1,268,425 | -€1.0m | -44.7% |
| Amounts payable after more than one year | 17 | €195,000 | - | -€195,000 | |
| Financial debts | 170/4 | €185,970 | - | -€185,970 | |
| Other amounts payable | 178/9 | €9,030 | - | -€9,030 | |
| Amounts payable within one year | 42/48 | €2,096,281 | €1,268,425 | -€827,856 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €70,749 | - | -€70,749 | |
| Financial debts | 43 | €375,330 | €66,903 | -€308,427 | -82.2% |
| Credit institutions | 430/8 | €375,330 | €66,903 | -€308,427 | -82.2% |
| Trade debts | 44 | €121,825 | €13,162 | -€108,663 | -89.2% |
| Suppliers | 440/4 | €121,825 | €13,162 | -€108,663 | -89.2% |
| Taxes, remuneration and social security | 45 | - | €8,000 | +€8,000 | |
| Taxes | 450/3 | - | €8,000 | +€8,000 | |
| Other amounts payable | 47/48 | €1,528,377 | €1,180,360 | -€348,017 | -22.8% |
| Accrued charges and deferred income | 492/3 | €4,345 | - | -€4,345 | |
| Non-recurring operating income | 76A | - | €875,901 | +€875,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,774 | - | -€47,774 | |
| Other operating charges | 640/8 | €12,366 | €12,841 | +€474 | +3.8% |
| Non-recurring operating charges | 66A | €786 | - | -€786 | |
| Gross operating margin | 9900 | €213,582 | €935,994 | +€722,411 | +338.2% |
| Operating profit (loss) | 9901 | €152,656 | €923,153 | +€770,497 | +504.7% |
| Financial charges | 65/66B | €53,496 | €56,107 | +€2,611 | +4.9% |
| Recurring financial charges | 65 | €53,496 | €56,107 | +€2,611 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €99,160 | €867,046 | +€767,886 | +774.4% |
| Income taxes | 67/77 | -€36 | €133,069 | +€133,105 | |
| Profit (loss) for the period | 9904 | €99,196 | €733,977 | +€634,781 | +639.9% |
| Profit (loss) for the period to be appropriated | 9905 | €99,196 | €733,977 | +€634,781 | +639.9% |
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.