PRO LEAD PROJECT: 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 LEAD PROJECT
Largest movements
- Receivables within one year +€118,740
up €118,740 (+83.8%), from €141,631 to €260,371
of which Other amounts receivable: +€72,680
- Cash -€28,672
down €28,672 (-42.3%), from €67,823 to €39,152
mainly Contributions, distributions and other (-€154,699) and Receivables within one year (-€118,740)
- Tangible fixed assets -€14,518
down €14,518 (-2.9%), from €496,963 to €482,444
of which Land and buildings: -€10,787
- Other debts +€132,276
new in 2025: €132,276
- Debts after one year -€27,663
down €27,663 (-6.3%), from €438,687 to €411,024
- Reserves -€20,000
down €20,000 (-7.2%), from €277,898 to €257,898
- Tax, wage and social debts -€10,826
down €10,826 (-39.2%), from €27,586 to €16,760
- Gross operating margin -€41,953
down €41,953 (-16.6%), from €252,536 to €210,584
- Taxes -€9,529
down €9,529 (-18.4%), from €51,677 to €42,148
- Depreciation -€7,356
down €7,356 (-25.2%), from €29,182 to €21,826
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 | €791,153 | €870,409 | +€79,256 | +10.0% |
| Fixed assets | 21/28 | €496,963 | €482,444 | -€14,518 | -2.9% |
| Tangible fixed assets | 22/27 | €496,963 | €482,444 | -€14,518 | -2.9% |
| Land and buildings | 22 | €477,169 | €466,382 | -€10,787 | -2.3% |
| Other tangible fixed assets | 26 | €19,794 | €16,063 | -€3,731 | -18.8% |
| Current assets | 29/58 | €294,190 | €387,964 | +€93,775 | +31.9% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €141,631 | €260,371 | +€118,740 | +83.8% |
| Trade receivables | 40 | €51,098 | €97,158 | +€46,060 | +90.1% |
| Other amounts receivable | 41 | €90,533 | €163,213 | +€72,680 | +80.3% |
| Cash at bank and in hand | 54/58 | €67,823 | €39,152 | -€28,672 | -42.3% |
| Deferred charges and accrued income | 490/1 | €4,735 | €8,442 | +€3,707 | +78.3% |
| Total equity and liabilities | 10/49 | €791,153 | €870,409 | +€79,256 | +10.0% |
| Equity | 10/15 | €296,498 | €276,498 | -€20,000 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €277,898 | €257,898 | -€20,000 | -7.2% |
| Distributable reserves | 133 | €277,898 | €257,898 | -€20,000 | -7.2% |
| Amounts payable | 17/49 | €494,655 | €593,911 | +€99,256 | +20.1% |
| Amounts payable after more than one year | 17 | €438,687 | €411,024 | -€27,663 | -6.3% |
| Financial debts | 170/4 | €438,687 | €411,024 | -€27,663 | -6.3% |
| Amounts payable within one year | 42/48 | €55,968 | €182,887 | +€126,919 | +227% |
| Current portion of amounts payable after more than one year | 42 | €28,279 | €28,989 | +€710 | +2.5% |
| Trade debts | 44 | €103 | €4,862 | +€4,760 | +4,642% |
| Suppliers | 440/4 | €103 | €4,862 | +€4,760 | +4,642% |
| Taxes, remuneration and social security | 45 | €27,586 | €16,760 | -€10,826 | -39.2% |
| Taxes | 450/3 | €27,586 | €16,760 | -€10,826 | -39.2% |
| Other amounts payable | 47/48 | - | €132,276 | +€132,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,182 | €21,826 | -€7,356 | -25.2% |
| Other operating charges | 640/8 | €1,684 | €3,084 | +€1,399 | +83.1% |
| Gross operating margin | 9900 | €252,536 | €210,584 | -€41,953 | -16.6% |
| Operating profit (loss) | 9901 | €221,670 | €185,674 | -€35,996 | -16.2% |
| Financial income | 75/76B | €8,083 | €8,672 | +€589 | +7.3% |
| Recurring financial income | 75 | €8,083 | €8,672 | +€589 | +7.3% |
| Financial charges | 65/66B | €15,989 | €17,499 | +€1,510 | +9.4% |
| Recurring financial charges | 65 | €15,989 | €17,499 | +€1,510 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €213,764 | €176,847 | -€36,918 | -17.3% |
| Income taxes | 67/77 | €51,677 | €42,148 | -€9,529 | -18.4% |
| Profit (loss) for the period | 9904 | €162,087 | €134,699 | -€27,389 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €162,087 | €134,699 | -€27,389 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.