PRO.G+: 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.G+
Largest movements
- Intangible fixed assets -€5,954
down €5,954 (-22.3%), from €26,758 to €20,804
- Tangible fixed assets -€1,999
down €1,999 (-64.1%), from €3,117 to €1,118
of which Furniture and vehicles: -€1,835
- Receivables within one year +€1,828
up €1,828 (+41.2%), from €4,439 to €6,267
of which Trade receivables: +€1,232
- Cash -€1,472
down €1,472 (-17.9%), from €8,244 to €6,772
mainly Debts after one year (-€7,780) and Receivables within one year (-€1,828)
- Deferred charges and accrued income -€1,102
down €1,102 (-57.5%), from €1,915 to €813
- Debts after one year -€7,780
down €7,780 (-45.7%), from €17,024 to €9,244
- Reserves +€1,771
up €1,771 (+36.7%), from €4,828 to €6,599
- Tax, wage and social debts -€1,699
down €1,699 (-90.0%), from €1,889 to €189
- Other debts -€1,528
down €1,528 (-14.4%), from €10,597 to €9,069
- Trade debts +€1,226
up €1,226 (+90.4%), from €1,355 to €2,581
- Gross operating margin -€3,528
down €3,528 (-24.2%), from €14,573 to €11,045
- Staff costs +€561
up €561 (+542%), from €103 to €664
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 | €44,473 | €36,074 | -€8,399 | -18.9% |
| Fixed assets | 21/28 | €29,875 | €21,922 | -€7,953 | -26.6% |
| Intangible fixed assets | 21 | €26,758 | €20,804 | -€5,954 | -22.3% |
| Tangible fixed assets | 22/27 | €3,117 | €1,118 | -€1,999 | -64.1% |
| Plant, machinery and equipment | 23 | €409 | €245 | -€164 | -40.1% |
| Furniture and vehicles | 24 | €2,707 | €872 | -€1,835 | -67.8% |
| Current assets | 29/58 | €14,598 | €14,152 | -€446 | -3.1% |
| Stocks and contracts in progress | 3 | - | €300 | +€300 | |
| Stocks | 30/36 | - | €300 | +€300 | |
| Amounts receivable within one year | 40/41 | €4,439 | €6,267 | +€1,828 | +41.2% |
| Trade receivables | 40 | €4,439 | €5,670 | +€1,232 | +27.7% |
| Other amounts receivable | 41 | - | €596 | +€596 | |
| Cash at bank and in hand | 54/58 | €8,244 | €6,772 | -€1,472 | -17.9% |
| Deferred charges and accrued income | 490/1 | €1,915 | €813 | -€1,102 | -57.5% |
| Total equity and liabilities | 10/49 | €44,473 | €36,074 | -€8,399 | -18.9% |
| Equity | 10/15 | €5,828 | €7,212 | +€1,383 | +23.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,828 | €6,599 | +€1,771 | +36.7% |
| Distributable reserves | 133 | €4,828 | €6,599 | +€1,771 | +36.7% |
| Profit (loss) carried forward | 14 | - | -€388 | -€388 | |
| Amounts payable | 17/49 | €38,645 | €28,863 | -€9,782 | -25.3% |
| Amounts payable after more than one year | 17 | €17,024 | €9,244 | -€7,780 | -45.7% |
| Financial debts | 170/4 | €17,024 | €9,244 | -€7,780 | -45.7% |
| Amounts payable within one year | 42/48 | €21,620 | €19,619 | -€2,002 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €7,780 | €7,780 | = | 0.0% |
| Trade debts | 44 | €1,355 | €2,581 | +€1,226 | +90.4% |
| Suppliers | 440/4 | €1,355 | €2,581 | +€1,226 | +90.4% |
| Taxes, remuneration and social security | 45 | €1,889 | €189 | -€1,699 | -90.0% |
| Taxes | 450/3 | €1,889 | €189 | -€1,699 | -90.0% |
| Other amounts payable | 47/48 | €10,597 | €9,069 | -€1,528 | -14.4% |
| Remuneration, social security and pensions | 62 | €103 | €664 | +€561 | +542% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,018 | €7,953 | -€65 | -0.8% |
| Gross operating margin | 9900 | €14,573 | €11,045 | -€3,528 | -24.2% |
| Operating profit (loss) | 9901 | €6,452 | €2,428 | -€4,024 | -62.4% |
| Financial income | 75/76B | €0 | €30 | +€30 | +29,910% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +29,910% |
| Financial charges | 65/66B | €1,219 | €1,075 | -€145 | -11.9% |
| Recurring financial charges | 65 | €1,219 | €1,075 | -€145 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €5,233 | €1,383 | -€3,849 | -73.6% |
| Profit (loss) for the period | 9904 | €5,233 | €1,383 | -€3,849 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,233 | €1,383 | -€3,849 | -73.6% |
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 27 October 2026 via checked.be.