Pro Management: 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 Management
Largest movements
- Tangible fixed assets +€639,396
up €639,396 (+13.5%), from €4.7m to €5.4m
of which Land and buildings: +€639,006
- Cash +€327,636
up €327,636 (+128%), from €255,667 to €583,303
mainly Trade debts (+€1.1m) and Net result for the year (+€484,240)
- Receivables within one year -€197,170
down €197,170 (-12.9%), from €1.5m to €1.3m
of which Trade receivables: -€1.2m
- Receivables after one year -€170,000
down €170,000 (-100%), from €170,000 to €0
- Trade debts +€1.1m
up €1.1m (+1,397%), from €79,671 to €1.2m
- Other debts -€399,558
down €399,558 (-99.0%), from €403,458 to €3,900
- Debts after one year -€302,120
down €302,120 (-13.2%), from €2.3m to €2.0m
- Reserves +€142,830
up €142,830 (+4.1%), from €3.5m to €3.6m
- Gross operating margin -€71,578
down €71,578 (-5.4%), from €1.3m to €1.3m
- Other operating charges +€30,721
up €30,721 (+23.8%), from €129,140 to €159,860
- Taxes -€30,627
down €30,627 (-11.7%), from €261,172 to €230,545
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 | €8,894,615 | €9,492,028 | +€597,413 | +6.7% |
| Fixed assets | 21/28 | €6,942,690 | €7,582,086 | +€639,396 | +9.2% |
| Tangible fixed assets | 22/27 | €4,742,690 | €5,382,086 | +€639,396 | +13.5% |
| Land and buildings | 22 | €4,711,346 | €5,350,352 | +€639,006 | +13.6% |
| Furniture and vehicles | 24 | €9,483 | €18,278 | +€8,795 | +92.8% |
| Other tangible fixed assets | 26 | €21,861 | €13,456 | -€8,406 | -38.4% |
| Financial fixed assets | 28 | €2,200,000 | €2,200,000 | = | 0.0% |
| Current assets | 29/58 | €1,951,925 | €1,909,942 | -€41,983 | -2.2% |
| Amounts receivable after more than one year | 29 | €170,000 | €0 | -€170,000 | -100% |
| Other amounts receivable | 291 | €170,000 | €0 | -€170,000 | -100% |
| Amounts receivable within one year | 40/41 | €1,523,810 | €1,326,639 | -€197,170 | -12.9% |
| Trade receivables | 40 | €1,329,373 | €125,990 | -€1.2m | -90.5% |
| Other amounts receivable | 41 | €194,437 | €1,200,650 | +€1.0m | +518% |
| Cash at bank and in hand | 54/58 | €255,667 | €583,303 | +€327,636 | +128% |
| Deferred charges and accrued income | 490/1 | €2,448 | €0 | -€2,448 | -100% |
| Total equity and liabilities | 10/49 | €8,894,615 | €9,492,028 | +€597,413 | +6.7% |
| Equity | 10/15 | €5,503,367 | €5,646,207 | +€142,840 | +2.6% |
| Contributions | 10/11 | €2,012,400 | €2,012,400 | = | 0.0% |
| Reserves | 13 | €3,472,996 | €3,615,826 | +€142,830 | +4.1% |
| Distributable reserves | 133 | €3,472,996 | €3,615,826 | +€142,830 | +4.1% |
| Profit (loss) carried forward | 14 | €17,971 | €17,981 | +€10 | +0.1% |
| Provisions and deferred taxes | 16 | €195,045 | €195,045 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €195,045 | €195,045 | = | 0.0% |
| Pensions and similar obligations | 160 | €195,045 | €195,045 | = | 0.0% |
| Amounts payable | 17/49 | €3,196,203 | €3,650,776 | +€454,574 | +14.2% |
| Amounts payable after more than one year | 17 | €2,293,740 | €1,991,620 | -€302,120 | -13.2% |
| Financial debts | 170/4 | €2,293,740 | €1,991,620 | -€302,120 | -13.2% |
| Amounts payable within one year | 42/48 | €892,087 | €1,657,031 | +€764,944 | +85.7% |
| Current portion of amounts payable after more than one year | 42 | €312,061 | €302,120 | -€9,942 | -3.2% |
| Trade debts | 44 | €79,671 | €1,192,457 | +€1.1m | +1,397% |
| Suppliers | 440/4 | €79,671 | €1,192,457 | +€1.1m | +1,397% |
| Taxes, remuneration and social security | 45 | €96,896 | €158,554 | +€61,658 | +63.6% |
| Taxes | 450/3 | €96,896 | €158,554 | +€61,658 | +63.6% |
| Other amounts payable | 47/48 | €403,458 | €3,900 | -€399,558 | -99.0% |
| Accrued charges and deferred income | 492/3 | €10,375 | €2,125 | -€8,250 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304,844 | €300,756 | -€4,087 | -1.3% |
| Other operating charges | 640/8 | €129,140 | €159,860 | +€30,721 | +23.8% |
| Gross operating margin | 9900 | €1,325,892 | €1,254,313 | -€71,578 | -5.4% |
| Operating profit (loss) | 9901 | €891,908 | €793,697 | -€98,212 | -11.0% |
| Financial income | 75/76B | €6,215 | €5,156 | -€1,060 | -17.1% |
| Recurring financial income | 75 | €6,215 | €5,156 | -€1,060 | -17.1% |
| Financial charges | 65/66B | €92,498 | €84,068 | -€8,430 | -9.1% |
| Recurring financial charges | 65 | €92,498 | €84,068 | -€8,430 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €805,625 | €714,784 | -€90,841 | -11.3% |
| Income taxes | 67/77 | €261,172 | €230,545 | -€30,627 | -11.7% |
| Profit (loss) for the period | 9904 | €544,454 | €484,240 | -€60,214 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €544,454 | €484,240 | -€60,214 | -11.1% |
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 26 October 2026 via checked.be.