PRO IT: 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 IT
Largest movements
- Receivables within one year +€62,757
up €62,757 (+63.3%), from €99,209 to €161,966
of which Other amounts receivable: +€70,274
- Deferred charges and accrued income +€7,637
new in 2025: €7,637
- Receivables after one year -€3,987
no longer reported in 2025 (was €3,987)
- Reserves +€41,309
up €41,309 (+30.1%), from €137,318 to €178,626
- Tax, wage and social debts +€29,167
up €29,167 (+931.6%), from €3,131 to €32,298
- Current portion of long-term debt -€2,558
no longer reported in 2025 (was €2,558)
- Gross operating margin -€84,485
down €84,485 (-56.0%), from €150,934 to €66,449
- Depreciation -€10,754
down €10,754 (-75.1%), from €14,311 to €3,557
- Financial charges -€9,110
down €9,110 (-74.5%), from €12,235 to €3,126
- Taxes +€2,768
up €2,768 (+17.9%), from €15,428 to €18,196
- Other operating charges -€1,952
down €1,952 (-88.2%), from €2,214 to €262
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 | €146,732 | €215,723 | +€68,991 | +47.0% |
| Fixed assets | 21/28 | €21,711 | €23,649 | +€1,938 | +8.9% |
| Tangible fixed assets | 22/27 | €21,711 | €23,649 | +€1,938 | +8.9% |
| Plant, machinery and equipment | 23 | €20,442 | €22,981 | +€2,539 | +12.4% |
| Furniture and vehicles | 24 | €1,269 | €668 | -€601 | -47.4% |
| Current assets | 29/58 | €125,021 | €192,074 | +€67,053 | +53.6% |
| Amounts receivable after more than one year | 29 | €3,987 | - | -€3,987 | |
| Other amounts receivable | 291 | €3,987 | - | -€3,987 | |
| Amounts receivable within one year | 40/41 | €99,209 | €161,966 | +€62,757 | +63.3% |
| Trade receivables | 40 | €53,810 | €46,292 | -€7,518 | -14.0% |
| Other amounts receivable | 41 | €45,400 | €115,674 | +€70,274 | +154.8% |
| Cash at bank and in hand | 54/58 | €21,825 | €22,471 | +€646 | +3.0% |
| Deferred charges and accrued income | 490/1 | - | €7,637 | +€7,637 | |
| Total equity and liabilities | 10/49 | €146,732 | €215,723 | +€68,991 | +47.0% |
| Equity | 10/15 | €137,318 | €178,626 | +€41,309 | +30.1% |
| Reserves | 13 | €137,318 | €178,626 | +€41,309 | +30.1% |
| Distributable reserves | 133 | €137,318 | €178,626 | +€41,309 | +30.1% |
| Amounts payable | 17/49 | €9,414 | €37,096 | +€27,682 | +294.0% |
| Amounts payable after more than one year | 17 | €3,726 | €4,798 | +€1,073 | +28.8% |
| Financial debts | 170/4 | €3,726 | €4,798 | +€1,073 | +28.8% |
| Amounts payable within one year | 42/48 | €5,689 | €32,298 | +€26,609 | +467.7% |
| Current portion of amounts payable after more than one year | 42 | €2,558 | - | -€2,558 | |
| Taxes, remuneration and social security | 45 | €3,131 | €32,298 | +€29,167 | +931.6% |
| Taxes | 450/3 | €3,131 | €32,298 | +€29,167 | +931.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,311 | €3,557 | -€10,754 | -75.1% |
| Other operating charges | 640/8 | €2,214 | €262 | -€1,952 | -88.2% |
| Non-recurring operating charges | 66A | €69,194 | - | -€69,194 | |
| Gross operating margin | 9900 | €150,934 | €66,449 | -€84,485 | -56.0% |
| Operating profit (loss) | 9901 | €65,216 | €62,630 | -€2,586 | -4.0% |
| Financial charges | 65/66B | €12,235 | €3,126 | -€9,110 | -74.5% |
| Recurring financial charges | 65 | €12,235 | €3,126 | -€9,110 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €52,981 | €59,505 | +€6,524 | +12.3% |
| Income taxes | 67/77 | €15,428 | €18,196 | +€2,768 | +17.9% |
| Profit (loss) for the period | 9904 | €37,553 | €41,309 | +€3,756 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,553 | €41,309 | +€3,756 | +10.0% |
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.