PRO HR: what changed
Two fiscal 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 HR
Largest movements
- Cash +€60,924
up €60,924 (+342.9%), from €17,769 to €78,693
mainly Net result for the year (+€133,142) and Deferred charges and accrued income (+€10,588)
- Receivables within one year +€25,644
up €25,644 (+13.9%), from €183,873 to €209,517
of which Trade receivables: +€29,016
- Deferred charges and accrued income -€10,588
no longer reported in 2025 (was €10,588)
- Reserves +€83,235
up €83,235 (+15.0%), from €555,404 to €638,639
of which Distributable reserves: +€83,235
- Financial income +€7,785
up €7,785 (+310.5%), from €2,507 to €10,292
- Gross operating margin -€3,535
down €3,535 (-1.9%), from €187,131 to €183,596
- Depreciation +€1,909
up €1,909 (+105.4%), from €1,810 to €3,720
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.
Cash bridge derived
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 | €613,098 | €690,016 | +€76,918 | +12.5% |
| Fixed assets | 21/28 | €11,611 | €8,925 | -€2,686 | -23.1% |
| Tangible fixed assets | 22/27 | €11,611 | €8,925 | -€2,686 | -23.1% |
| Plant, machinery and equipment | 23 | €8,501 | €6,615 | -€1,886 | -22.2% |
| Furniture and vehicles | 24 | €3,110 | €2,310 | -€800 | -25.7% |
| Current assets | 29/58 | €601,486 | €681,091 | +€79,605 | +13.2% |
| Amounts receivable within one year | 40/41 | €183,873 | €209,517 | +€25,644 | +13.9% |
| Trade receivables | 40 | €30,500 | €59,517 | +€29,016 | +95.1% |
| Other amounts receivable | 41 | €153,372 | €150,000 | -€3,372 | -2.2% |
| Current investments | 50/53 | €389,256 | €392,882 | +€3,625 | +0.9% |
| Cash at bank and in hand | 54/58 | €17,769 | €78,693 | +€60,924 | +342.9% |
| Deferred charges and accrued income | 490/1 | €10,588 | - | -€10,588 | |
| Total equity and liabilities | 10/49 | €613,098 | €690,016 | +€76,918 | +12.5% |
| Equity | 10/15 | €561,604 | €644,839 | +€83,235 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €555,404 | €638,639 | +€83,235 | +15.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €764 | €764 | = | 0.0% |
| Distributable reserves | 133 | €552,780 | €636,015 | +€83,235 | +15.1% |
| Amounts payable | 17/49 | €51,493 | €45,177 | -€6,317 | -12.3% |
| Amounts payable within one year | 42/48 | €51,493 | €45,177 | -€6,317 | -12.3% |
| Financial debts | 43 | €20,833 | €20,030 | -€803 | -3.9% |
| Credit institutions | 430/8 | €20,833 | €20,030 | -€803 | -3.9% |
| Trade debts | 44 | €8,378 | €7,284 | -€1,093 | -13.1% |
| Suppliers | 440/4 | €8,378 | €7,284 | -€1,093 | -13.1% |
| Taxes, remuneration and social security | 45 | €22,282 | €15,705 | -€6,577 | -29.5% |
| Taxes | 450/3 | €18,558 | €15,705 | -€2,852 | -15.4% |
| Remuneration and social security | 454/9 | €3,725 | - | -€3,725 | |
| Other amounts payable | 47/48 | - | €2,157 | +€2,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,810 | €3,720 | +€1,909 | +105.4% |
| Other operating charges | 640/8 | €946 | €452 | -€495 | -52.3% |
| Gross operating margin | 9900 | €187,131 | €183,596 | -€3,535 | -1.9% |
| Operating profit (loss) | 9901 | €184,374 | €179,424 | -€4,949 | -2.7% |
| Financial income | 75/76B | €2,507 | €10,292 | +€7,785 | +310.5% |
| Recurring financial income | 75 | €2,507 | €10,292 | +€7,785 | +310.5% |
| Financial charges | 65/66B | €1,083 | €122 | -€961 | -88.7% |
| Recurring financial charges | 65 | €1,083 | €122 | -€961 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €185,798 | €189,594 | +€3,796 | +2.0% |
| Income taxes | 67/77 | €56,259 | €56,452 | +€193 | +0.3% |
| Profit (loss) for the period | 9904 | €129,539 | €133,142 | +€3,603 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €129,539 | €133,142 | +€3,603 | +2.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.