Pro Heating Systems: what changed
What changed
Pro Heating Systems
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€61,782
2024 · €57,524+€4,258
Equity
€419,229
2024 · €357,447+€61,782
Cash
€381,388
2024 · €355,795+€25,593
Balance sheet total
€870,090
2024 · €563,717+€306,373
Largest movements
Assets
- Receivables within one year +€270,248
up €270,248 (+205%), from €131,624 to €401,872
of which Trade receivables: +€280,228
- Cash +€25,593
up €25,593 (+7.2%), from €355,795 to €381,388
mainly Accrued charges and deferred income (+€146,828) and Trade debts (+€81,579)
- Tangible fixed assets +€11,085
up €11,085 (+17.7%), from €62,501 to €73,586
of which Furniture and vehicles: +€13,711
Equity and liabilities
- Accrued charges and deferred income +€146,828
new in 2025: €146,828
- Trade debts +€81,579
up €81,579 (+61.0%), from €133,641 to €215,220
- Profit (loss) carried forward +€61,782
up €61,782 (+17.7%), from €349,387 to €411,169
- Advances received +€32,647
new in 2025: €32,647
- Debts after one year -€16,944
down €16,944 (-52.6%), from €32,221 to €15,277
Income statement
- Gross operating margin +€16,474
up €16,474 (+16.8%), from €97,822 to €114,296
- Staff costs +€6,692
new in 2025: €6,692
- Depreciation +€4,293
up €4,293 (+25.6%), from €16,760 to €21,053
- Taxes +€1,384
up €1,384 (+6.8%), from €20,384 to €21,768
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€57,524
Gross operating margin
+€16,474
Staff costs
-€6,692
Depreciation
-€4,293
Other operating charges
+€162
Financial income
-€244
Financial charges
+€234
Taxes
-€1,384
Result 2025
€61,782
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€76,634
Investment
-€32,138
Financing
-€18,903
Cash 2024
€355,795
From operations (derived)
+€76,634
Net result for the year
+€61,782
Depreciation
+€21,053
Stocks and contracts
+€554
Receivables within one year
-€270,248
Trade debts
+€81,579
Tax, wage and social debts
+€2,440
Advances received
+€32,647
Accrued charges and deferred income
+€146,828
Investment (derived)
-€32,138
Investment in fixed assets (net)
-€32,138
Financing
-€18,903
Debts after one year
-€16,944
Current portion of long-term debt
+€5,425
Short-term financial debts
-€7,384
Cash 2025
€381,388
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,717 | €870,090 | +€306,373 | +54.3% |
| Fixed assets | 21/28 | €62,501 | €73,586 | +€11,085 | +17.7% |
| Tangible fixed assets | 22/27 | €62,501 | €73,586 | +€11,085 | +17.7% |
| Plant, machinery and equipment | 23 | €5,612 | €3,991 | -€1,620 | -28.9% |
| Furniture and vehicles | 24 | €54,878 | €68,589 | +€13,711 | +25.0% |
| Other tangible fixed assets | 26 | €2,011 | €1,006 | -€1,006 | -50.0% |
| Current assets | 29/58 | €501,216 | €796,504 | +€295,288 | +58.9% |
| Stocks and contracts in progress | 3 | €13,797 | €13,244 | -€554 | -4.0% |
| Contracts in progress | 37 | €13,797 | €13,244 | -€554 | -4.0% |
| Amounts receivable within one year | 40/41 | €131,624 | €401,872 | +€270,248 | +205% |
| Trade receivables | 40 | €120,368 | €400,596 | +€280,228 | +233% |
| Other amounts receivable | 41 | €11,256 | €1,276 | -€9,980 | -88.7% |
| Cash at bank and in hand | 54/58 | €355,795 | €381,388 | +€25,593 | +7.2% |
| Total equity and liabilities | 10/49 | €563,717 | €870,090 | +€306,373 | +54.3% |
| Equity | 10/15 | €357,447 | €419,229 | +€61,782 | +17.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €349,387 | €411,169 | +€61,782 | +17.7% |
| Amounts payable | 17/49 | €206,270 | €450,861 | +€244,591 | +119% |
| Amounts payable after more than one year | 17 | €32,221 | €15,277 | -€16,944 | -52.6% |
| Financial debts | 170/4 | €32,221 | €15,277 | -€16,944 | -52.6% |
| Amounts payable within one year | 42/48 | €174,049 | €288,756 | +€114,706 | +65.9% |
| Current portion of amounts payable after more than one year | 42 | €16,339 | €21,764 | +€5,425 | +33.2% |
| Financial debts | 43 | €7,384 | - | -€7,384 | |
| Credit institutions | 430/8 | €7,384 | - | -€7,384 | |
| Trade debts | 44 | €133,641 | €215,220 | +€81,579 | +61.0% |
| Suppliers | 440/4 | €133,641 | €215,220 | +€81,579 | +61.0% |
| Advances received on contracts in progress | 46 | - | €32,647 | +€32,647 | |
| Taxes, remuneration and social security | 45 | €11,171 | €13,611 | +€2,440 | +21.8% |
| Taxes | 450/3 | €5,771 | €7,155 | +€1,384 | +24.0% |
| Remuneration and social security | 454/9 | €5,400 | €6,456 | +€1,056 | +19.6% |
| Other amounts payable | 47/48 | €5,514 | €5,514 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €146,828 | +€146,828 | |
| Remuneration, social security and pensions | 62 | - | €6,692 | +€6,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,760 | €21,053 | +€4,293 | +25.6% |
| Other operating charges | 640/8 | €667 | €504 | -€162 | -24.4% |
| Gross operating margin | 9900 | €97,822 | €114,296 | +€16,474 | +16.8% |
| Operating profit (loss) | 9901 | €80,395 | €86,047 | +€5,652 | +7.0% |
| Financial income | 75/76B | €464 | €221 | -€244 | -52.4% |
| Recurring financial income | 75 | €464 | €221 | -€244 | -52.4% |
| Financial charges | 65/66B | €2,952 | €2,718 | -€234 | -7.9% |
| Recurring financial charges | 65 | €2,952 | €2,718 | -€234 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €77,908 | €83,550 | +€5,642 | +7.2% |
| Income taxes | 67/77 | €20,384 | €21,768 | +€1,384 | +6.8% |
| Profit (loss) for the period | 9904 | €57,524 | €61,782 | +€4,258 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,524 | €61,782 | +€4,258 | +7.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.