PRO-CREA: 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-CREA
Largest movements
- Tangible fixed assets -€26,571
down €26,571 (-5.6%), from €474,808 to €448,237
of which Land and buildings: -€19,996
- Short-term financial debts +€59,788
up €59,788 (+270%), from €22,125 to €81,913
- Debts after one year -€36,776
down €36,776 (-9.7%), from €378,246 to €341,470
- Tax, wage and social debts -€31,790
down €31,790 (-58.6%), from €54,288 to €22,498
of which Taxes: -€29,071
- Current portion of long-term debt -€17,624
down €17,624 (-46.7%), from €37,718 to €20,094
- Reserves +€9,187
up €9,187 (+9.0%), from €102,539 to €111,726
of which Distributable reserves: +€9,187
- Gross operating margin -€32,998
down €32,998 (-33.5%), from €98,405 to €65,407
- Taxes -€13,932
down €13,932 (-73.5%), from €18,960 to €5,028
- Financial charges +€3,708
up €3,708 (+22.0%), from €16,888 to €20,596
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 | €619,799 | €598,378 | -€21,420 | -3.5% |
| Fixed assets | 21/28 | €474,808 | €448,237 | -€26,571 | -5.6% |
| Tangible fixed assets | 22/27 | €474,808 | €448,237 | -€26,571 | -5.6% |
| Land and buildings | 22 | €463,849 | €443,853 | -€19,996 | -4.3% |
| Furniture and vehicles | 24 | €10,959 | €4,383 | -€6,575 | -60.0% |
| Current assets | 29/58 | €144,991 | €150,142 | +€5,151 | +3.6% |
| Stocks and contracts in progress | 3 | €72,986 | €72,986 | = | 0.0% |
| Stocks | 30/36 | €72,986 | €72,986 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,933 | €76,589 | +€5,656 | +8.0% |
| Trade receivables | 40 | €50,933 | €2,610 | -€48,323 | -94.9% |
| Other amounts receivable | 41 | €20,000 | €73,979 | +€53,979 | +270% |
| Cash at bank and in hand | 54/58 | €661 | €566 | -€95 | -14.4% |
| Deferred charges and accrued income | 490/1 | €410 | €0 | -€410 | -100% |
| Total equity and liabilities | 10/49 | €619,799 | €598,378 | -€21,420 | -3.5% |
| Equity | 10/15 | €122,539 | €131,726 | +€9,187 | +7.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €102,539 | €111,726 | +€9,187 | +9.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €100,539 | €109,726 | +€9,187 | +9.1% |
| Amounts payable | 17/49 | €497,259 | €466,652 | -€30,607 | -6.2% |
| Amounts payable after more than one year | 17 | €378,246 | €341,470 | -€36,776 | -9.7% |
| Financial debts | 170/4 | €378,246 | €341,470 | -€36,776 | -9.7% |
| Amounts payable within one year | 42/48 | €119,013 | €125,182 | +€6,169 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €37,718 | €20,094 | -€17,624 | -46.7% |
| Financial debts | 43 | €22,125 | €81,913 | +€59,788 | +270% |
| Credit institutions | 430/8 | €22,125 | €81,913 | +€59,788 | +270% |
| Trade debts | 44 | €4,882 | €677 | -€4,205 | -86.1% |
| Suppliers | 440/4 | €4,882 | €677 | -€4,205 | -86.1% |
| Taxes, remuneration and social security | 45 | €54,288 | €22,498 | -€31,790 | -58.6% |
| Taxes | 450/3 | €51,569 | €22,498 | -€29,071 | -56.4% |
| Remuneration and social security | 454/9 | €2,718 | €0 | -€2,718 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,916 | €26,571 | -€345 | -1.3% |
| Other operating charges | 640/8 | €4,065 | €4,112 | +€46 | +1.1% |
| Gross operating margin | 9900 | €98,405 | €65,407 | -€32,998 | -33.5% |
| Operating profit (loss) | 9901 | €67,423 | €34,724 | -€32,699 | -48.5% |
| Financial income | 75/76B | €0 | €87 | +€87 | |
| Recurring financial income | 75 | €0 | €87 | +€87 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €16,888 | €20,596 | +€3,708 | +22.0% |
| Recurring financial charges | 65 | €16,888 | €20,596 | +€3,708 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €50,536 | €14,215 | -€36,321 | -71.9% |
| Income taxes | 67/77 | €18,960 | €5,028 | -€13,932 | -73.5% |
| Profit (loss) for the period | 9904 | €31,575 | €9,187 | -€22,389 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,575 | €9,187 | -€22,389 | -70.9% |
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 19 October 2026 via checked.be.