PRO-MAN: 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-MAN
Largest movements
- Stocks and contracts +€283,822
new in 2025: €283,822
- Current investments -€60,000
down €60,000 (-75.0%), from €80,000 to €20,000
- Cash -€53,731
down €53,731 (-43.5%), from €123,459 to €69,728
mainly Stocks and contracts (-€283,822) and Contributions, distributions and other (-€52,000)
- Receivables within one year -€36,454
down €36,454 (-67.9%), from €53,710 to €17,256
of which Other amounts receivable: -€36,925
- Tangible fixed assets -€10,003
down €10,003 (-11.6%), from €86,584 to €76,581
of which Furniture and vehicles: -€11,137
- Debts after one year +€133,702
up €133,702 (+2,597%), from €5,149 to €138,850
of which Other amounts payable: +€75,000
- Reserves -€18,500
down €18,500 (-7.2%), from €257,830 to €239,330
- Current portion of long-term debt +€5,057
up €5,057 (+33.7%), from €15,017 to €20,075
- Depreciation -€8,159
down €8,159 (-33.5%), from €24,385 to €16,225
- Gross operating margin +€2,512
up €2,512 (+3.1%), from €82,081 to €84,594
- Taxes -€1,633
down €1,633 (-10.5%), from €15,543 to €13,910
- Financial charges +€1,018
up €1,018 (+73.0%), from €1,394 to €2,412
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 | €346,969 | €467,386 | +€120,417 | +34.7% |
| Fixed assets | 21/28 | €86,584 | €76,581 | -€10,003 | -11.6% |
| Tangible fixed assets | 22/27 | €86,584 | €76,581 | -€10,003 | -11.6% |
| Plant, machinery and equipment | 23 | €5,880 | €8,649 | +€2,769 | +47.1% |
| Furniture and vehicles | 24 | €69,754 | €58,617 | -€11,137 | -16.0% |
| Other tangible fixed assets | 26 | €10,951 | €9,315 | -€1,636 | -14.9% |
| Current assets | 29/58 | €260,385 | €390,805 | +€130,420 | +50.1% |
| Stocks and contracts in progress | 3 | - | €283,822 | +€283,822 | |
| Stocks | 30/36 | - | €283,822 | +€283,822 | |
| Amounts receivable within one year | 40/41 | €53,710 | €17,256 | -€36,454 | -67.9% |
| Trade receivables | 40 | €16,785 | €17,256 | +€471 | +2.8% |
| Other amounts receivable | 41 | €36,925 | - | -€36,925 | |
| Current investments | 50/53 | €80,000 | €20,000 | -€60,000 | -75.0% |
| Cash at bank and in hand | 54/58 | €123,459 | €69,728 | -€53,731 | -43.5% |
| Deferred charges and accrued income | 490/1 | €3,216 | - | -€3,216 | |
| Total equity and liabilities | 10/49 | €346,969 | €467,386 | +€120,417 | +34.7% |
| Equity | 10/15 | €311,850 | €294,055 | -€17,795 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €257,830 | €239,330 | -€18,500 | -7.2% |
| Distributable reserves | 133 | €257,830 | €239,330 | -€18,500 | -7.2% |
| Profit (loss) carried forward | 14 | €35,420 | €36,125 | +€705 | +2.0% |
| Amounts payable | 17/49 | €35,119 | €173,331 | +€138,212 | +394% |
| Amounts payable after more than one year | 17 | €5,149 | €138,850 | +€133,702 | +2,597% |
| Financial debts | 170/4 | €5,149 | €63,850 | +€58,702 | +1,140% |
| Other amounts payable | 178/9 | - | €75,000 | +€75,000 | |
| Amounts payable within one year | 42/48 | €29,971 | €34,152 | +€4,182 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €15,017 | €20,075 | +€5,057 | +33.7% |
| Trade debts | 44 | €390 | €1,337 | +€947 | +243% |
| Suppliers | 440/4 | €390 | €1,337 | +€947 | +243% |
| Taxes, remuneration and social security | 45 | €11,707 | €12,082 | +€375 | +3.2% |
| Taxes | 450/3 | €11,707 | €12,082 | +€375 | +3.2% |
| Other amounts payable | 47/48 | €2,856 | €658 | -€2,197 | -76.9% |
| Accrued charges and deferred income | 492/3 | - | €328 | +€328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,385 | €16,225 | -€8,159 | -33.5% |
| Other operating charges | 640/8 | €849 | €607 | -€241 | -28.4% |
| Non-recurring operating charges | 66A | - | €19,754 | +€19,754 | |
| Gross operating margin | 9900 | €82,081 | €84,594 | +€2,512 | +3.1% |
| Operating profit (loss) | 9901 | €56,848 | €48,007 | -€8,841 | -15.6% |
| Financial income | 75/76B | €2,581 | €2,520 | -€62 | -2.4% |
| Recurring financial income | 75 | €2,581 | €2,520 | -€62 | -2.4% |
| Financial charges | 65/66B | €1,394 | €2,412 | +€1,018 | +73.0% |
| Recurring financial charges | 65 | €1,394 | €2,412 | +€1,018 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €58,035 | €48,115 | -€9,920 | -17.1% |
| Income taxes | 67/77 | €15,543 | €13,910 | -€1,633 | -10.5% |
| Profit (loss) for the period | 9904 | €42,493 | €34,205 | -€8,288 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,493 | €34,205 | -€8,288 | -19.5% |
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 17 October 2026 via checked.be.