PRO-finish: 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-finish
Largest movements
- Stocks and contracts +€55,208
new in 2025: €55,208
- Cash -€52,141
down €52,141 (-77.4%), from €67,380 to €15,239
mainly Stocks and contracts (-€55,208) and Receivables within one year (-€30,286)
- Receivables within one year +€30,286
up €30,286 (+140%), from €21,702 to €51,988
of which Other amounts receivable: +€29,339
- Deferred charges and accrued income -€20,765
down €20,765 (-100%), from €20,765 to €0
- Reserves +€28,857
up €28,857 (+40.2%), from €71,784 to €100,642
- Trade debts -€16,711
down €16,711 (-100%), from €16,711 to €0
- Gross operating margin -€48,507
down €48,507 (-53.6%), from €90,423 to €41,916
- Taxes -€5,933
down €5,933 (-33.1%), from €17,946 to €12,013
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 | €109,848 | €122,435 | +€12,588 | +11.5% |
| Current assets | 29/58 | €109,848 | €122,435 | +€12,588 | +11.5% |
| Stocks and contracts in progress | 3 | - | €55,208 | +€55,208 | |
| Contracts in progress | 37 | - | €55,208 | +€55,208 | |
| Amounts receivable within one year | 40/41 | €21,702 | €51,988 | +€30,286 | +140% |
| Trade receivables | 40 | €20,866 | €21,813 | +€947 | +4.5% |
| Other amounts receivable | 41 | €836 | €30,175 | +€29,339 | +3,508% |
| Cash at bank and in hand | 54/58 | €67,380 | €15,239 | -€52,141 | -77.4% |
| Deferred charges and accrued income | 490/1 | €20,765 | €0 | -€20,765 | -100% |
| Total equity and liabilities | 10/49 | €109,848 | €122,435 | +€12,588 | +11.5% |
| Equity | 10/15 | €72,784 | €101,642 | +€28,857 | +39.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €71,784 | €100,642 | +€28,857 | +40.2% |
| Distributable reserves | 133 | €71,784 | €100,642 | +€28,857 | +40.2% |
| Amounts payable | 17/49 | €37,063 | €20,794 | -€16,270 | -43.9% |
| Amounts payable within one year | 42/48 | €36,165 | €20,794 | -€15,372 | -42.5% |
| Trade debts | 44 | €16,711 | €0 | -€16,711 | -100% |
| Suppliers | 440/4 | €16,711 | €0 | -€16,711 | -100% |
| Taxes, remuneration and social security | 45 | €19,455 | €19,741 | +€286 | +1.5% |
| Taxes | 450/3 | €19,455 | €19,741 | +€286 | +1.5% |
| Other amounts payable | 47/48 | - | €1,053 | +€1,053 | |
| Accrued charges and deferred income | 492/3 | €898 | €0 | -€898 | -100% |
| Other operating charges | 640/8 | €502 | €916 | +€413 | +82.3% |
| Gross operating margin | 9900 | €90,423 | €41,916 | -€48,507 | -53.6% |
| Operating profit (loss) | 9901 | €89,921 | €41,001 | -€48,920 | -54.4% |
| Financial income | 75/76B | €25 | €20 | -€4 | -17.8% |
| Recurring financial income | 75 | €25 | €20 | -€4 | -17.8% |
| Financial charges | 65/66B | €215 | €150 | -€65 | -30.2% |
| Recurring financial charges | 65 | €215 | €150 | -€65 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €89,730 | €40,871 | -€48,859 | -54.5% |
| Income taxes | 67/77 | €17,946 | €12,013 | -€5,933 | -33.1% |
| Profit (loss) for the period | 9904 | €71,784 | €28,857 | -€42,927 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,784 | €28,857 | -€42,927 | -59.8% |
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.