Pro/Cent: 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/Cent
Largest movements
- Tangible fixed assets -€149,444
down €149,444 (-36.1%), from €414,185 to €264,741
of which Furniture and vehicles: -€115,625
- Receivables within one year -€76,850
down €76,850 (-34.8%), from €221,103 to €144,254
of which Trade receivables: -€43,628
- Cash +€9,897
up €9,897 (+477.5%), from €2,073 to €11,969
mainly Depreciation (+€149,944) and Receivables within one year (+€76,850)
- Trade debts -€297,782
down €297,782 (-97.2%), from €306,358 to €8,576
- Current portion of long-term debt +€67,182
up €67,182 (+214.2%), from €31,370 to €98,553
- Debts after one year +€44,729
up €44,729 (+67.1%), from €66,645 to €111,374
- Reserves -€23,657
down €23,657 (-21.9%), from €107,986 to €84,329
- Tax, wage and social debts +€10,964
up €10,964 (+13.8%), from €79,350 to €90,314
of which Remuneration and social security: +€22,065
- Financial charges -€169,644
down €169,644 (-92.3%), from €183,836 to €14,191
- Depreciation +€73,499
up €73,499 (+96.1%), from €76,445 to €149,944
- Other operating charges +€45,642
up €45,642 (+6891.0%), from €662 to €46,304
- Gross operating margin +€28,763
up €28,763 (+14.4%), from €200,105 to €228,867
- Staff costs +€5,086
up €5,086 (+13.8%), from €36,875 to €41,961
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 | €639,467 | €428,314 | -€211,153 | -33.0% |
| Fixed assets | 21/28 | €414,185 | €264,741 | -€149,444 | -36.1% |
| Tangible fixed assets | 22/27 | €414,185 | €264,741 | -€149,444 | -36.1% |
| Furniture and vehicles | 24 | €314,486 | €198,861 | -€115,625 | -36.8% |
| Leasing and similar rights | 25 | €99,699 | €65,880 | -€33,819 | -33.9% |
| Current assets | 29/58 | €225,283 | €163,573 | -€61,709 | -27.4% |
| Amounts receivable within one year | 40/41 | €221,103 | €144,254 | -€76,850 | -34.8% |
| Trade receivables | 40 | €145,973 | €102,345 | -€43,628 | -29.9% |
| Other amounts receivable | 41 | €75,131 | €41,909 | -€33,222 | -44.2% |
| Cash at bank and in hand | 54/58 | €2,073 | €11,969 | +€9,897 | +477.5% |
| Deferred charges and accrued income | 490/1 | €2,107 | €7,350 | +€5,243 | +248.9% |
| Total equity and liabilities | 10/49 | €639,467 | €428,314 | -€211,153 | -33.0% |
| Equity | 10/15 | €129,586 | €105,929 | -€23,657 | -18.3% |
| Contributions | 10/11 | €21,600 | €21,600 | = | 0.0% |
| Reserves | 13 | €107,986 | €84,329 | -€23,657 | -21.9% |
| Distributable reserves | 133 | €107,986 | €84,329 | -€23,657 | -21.9% |
| Amounts payable | 17/49 | €509,881 | €322,385 | -€187,496 | -36.8% |
| Amounts payable after more than one year | 17 | €66,645 | €111,374 | +€44,729 | +67.1% |
| Financial debts | 170/4 | €66,645 | €111,374 | +€44,729 | +67.1% |
| Amounts payable within one year | 42/48 | €443,236 | €210,659 | -€232,578 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €31,370 | €98,553 | +€67,182 | +214.2% |
| Financial debts | 43 | €7,621 | €3,033 | -€4,588 | -60.2% |
| Credit institutions | 430/8 | €7,621 | €3,033 | -€4,588 | -60.2% |
| Trade debts | 44 | €306,358 | €8,576 | -€297,782 | -97.2% |
| Suppliers | 440/4 | €306,358 | €8,576 | -€297,782 | -97.2% |
| Taxes, remuneration and social security | 45 | €79,350 | €90,314 | +€10,964 | +13.8% |
| Taxes | 450/3 | €15,940 | €4,839 | -€11,101 | -69.6% |
| Remuneration and social security | 454/9 | €63,410 | €85,475 | +€22,065 | +34.8% |
| Other amounts payable | 47/48 | €18,537 | €10,183 | -€8,354 | -45.1% |
| Accrued charges and deferred income | 492/3 | - | €352 | +€352 | |
| Non-recurring operating income | 76A | €26,634 | €0 | -€26,634 | -100.0% |
| Remuneration, social security and pensions | 62 | €36,875 | €41,961 | +€5,086 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,445 | €149,944 | +€73,499 | +96.1% |
| Other operating charges | 640/8 | €662 | €46,304 | +€45,642 | +6891.0% |
| Gross operating margin | 9900 | €200,105 | €228,867 | +€28,763 | +14.4% |
| Operating profit (loss) | 9901 | €86,122 | -€9,341 | -€95,464 | |
| Financial charges | 65/66B | €183,836 | €14,191 | -€169,644 | -92.3% |
| Recurring financial charges | 65 | €183,836 | €14,191 | -€169,644 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | -€97,713 | -€23,533 | +€74,181 | +75.9% |
| Income taxes | 67/77 | €1,449 | €124 | -€1,325 | -91.4% |
| Profit (loss) for the period | 9904 | -€99,162 | -€23,657 | +€75,506 | +76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,162 | -€23,657 | +€75,506 | +76.1% |
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 6 October 2026 via checked.be.