PRO EFFECTS: 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 EFFECTS
Largest movements
- Cash +€15,144
up €15,144 (+324%), from €4,676 to €19,821
mainly Net result for the year (+€16,825) and Receivables within one year (+€7,424)
- Receivables within one year -€7,424
down €7,424 (-14.1%), from €52,700 to €45,277
of which Trade receivables: -€5,679
- Tangible fixed assets -€893
down €893 (-59.8%), from €1,493 to €600
of which Furniture and vehicles: -€600
- Reserves +€16,825
new in 2025: €16,825
- Trade debts -€5,522
down €5,522 (-61.7%), from €8,947 to €3,425
- Tax, wage and social debts -€4,476
down €4,476 (-48.3%), from €9,267 to €4,791
- Other operating charges -€10,114
down €10,114 (-59.0%), from €17,134 to €7,021
- Taxes +€5,498
up €5,498 (+117%), from €4,692 to €10,190
- Depreciation -€751
down €751 (-45.7%), from €1,644 to €893
- Financial charges +€635
up €635 (+360%), from €176 to €812
- Financial income +€631
up €631 (+29.9%), from €2,108 to €2,739
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 | €58,870 | €65,697 | +€6,828 | +11.6% |
| Fixed assets | 21/28 | €1,493 | €600 | -€893 | -59.8% |
| Tangible fixed assets | 22/27 | €1,493 | €600 | -€893 | -59.8% |
| Plant, machinery and equipment | 23 | €293 | - | -€293 | |
| Furniture and vehicles | 24 | €1,200 | €600 | -€600 | -50.0% |
| Current assets | 29/58 | €57,377 | €65,097 | +€7,721 | +13.5% |
| Amounts receivable within one year | 40/41 | €52,700 | €45,277 | -€7,424 | -14.1% |
| Trade receivables | 40 | €5,679 | - | -€5,679 | |
| Other amounts receivable | 41 | €47,021 | €45,277 | -€1,745 | -3.7% |
| Cash at bank and in hand | 54/58 | €4,676 | €19,821 | +€15,144 | +324% |
| Total equity and liabilities | 10/49 | €58,870 | €65,697 | +€6,828 | +11.6% |
| Equity | 10/15 | €40,656 | €57,481 | +€16,825 | +41.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €16,825 | +€16,825 | |
| Distributable reserves | 133 | - | €16,825 | +€16,825 | |
| Profit (loss) carried forward | 14 | €34,456 | €34,456 | = | 0.0% |
| Amounts payable | 17/49 | €18,214 | €8,216 | -€9,998 | -54.9% |
| Amounts payable within one year | 42/48 | €18,214 | €8,216 | -€9,998 | -54.9% |
| Trade debts | 44 | €8,947 | €3,425 | -€5,522 | -61.7% |
| Suppliers | 440/4 | €8,947 | €3,425 | -€5,522 | -61.7% |
| Taxes, remuneration and social security | 45 | €9,267 | €4,791 | -€4,476 | -48.3% |
| Taxes | 450/3 | €9,267 | €4,791 | -€4,476 | -48.3% |
| Remuneration, social security and pensions | 62 | €128 | €203 | +€76 | +59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,644 | €893 | -€751 | -45.7% |
| Other operating charges | 640/8 | €17,134 | €7,021 | -€10,114 | -59.0% |
| Gross operating margin | 9900 | €33,135 | €33,205 | +€70 | +0.2% |
| Operating profit (loss) | 9901 | €14,229 | €25,088 | +€10,859 | +76.3% |
| Financial income | 75/76B | €2,108 | €2,739 | +€631 | +29.9% |
| Recurring financial income | 75 | €2,108 | €2,739 | +€631 | +29.9% |
| Financial charges | 65/66B | €176 | €812 | +€635 | +360% |
| Recurring financial charges | 65 | €176 | €812 | +€635 | +360% |
| Profit (loss) for the period before taxes | 9903 | €16,161 | €27,016 | +€10,854 | +67.2% |
| Income taxes | 67/77 | €4,692 | €10,190 | +€5,498 | +117% |
| Profit (loss) for the period | 9904 | €11,469 | €16,825 | +€5,356 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,469 | €16,825 | +€5,356 | +46.7% |
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 17 October 2026 via checked.be.