PRO - PAY: 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.
What changed
PRO - PAY
NACE 82.100, Office administrative and support services
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€1.7m
31-12-2024 · €1.8m-€87,684
Equity
€1.2m
31-12-2024 · €1.2m+€38,697
Cash
€2.0m
31-12-2024 · €2.6m-€570,541
Balance sheet total
€4.8m
31-12-2024 · €5.4m-€615,721
Largest movements
Assets
- Cash -€570,541
down €570,541 (-22.3%), from €2.6m to €2.0m
mainly Contributions, distributions and other (-€1.7m) and Other debts (-€500,000)
Equity and liabilities
- Other debts -€500,000
down €500,000 (-22.7%), from €2.2m to €1.7m
- Accrued charges and deferred income -€89,490
down €89,490 (-54.6%), from €164,019 to €74,530
- Debts after one year -€79,574
down €79,574 (-20.1%), from €395,790 to €316,216
Income statement
- Staff costs +€576,535
up €576,535 (+15.9%), from €3.6m to €4.2m
- Gross operating margin +€539,603
up €539,603 (+8.5%), from €6.4m to €6.9m
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€1.8m
Gross operating margin
+€539,603
Staff costs
-€576,535
Depreciation
-€53,199
Write-downs
+€697
Other operating charges
-€28,133
Financial income
+€1,866
Financial charges
-€21,868
Taxes
+€49,887
Result 31-12-2025
€1.7m
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.2m
Investment
-€34,091
Financing
-€1.8m
Cash 31-12-2024
€2.6m
From operations (derived)
+€1.2m
Net result for the year
+€1.7m
Depreciation
+€119,058
Receivables within one year
+€13,683
Deferred charges and accrued income
-€53,469
Trade debts
+€5,542
Tax, wage and social debts
+€4,787
Other debts
-€500,000
Accrued charges and deferred income
-€89,490
Investment (derived)
-€34,091
Investment in fixed assets (net)
-€54,515
Current investments
+€20,424
Financing
-€1.8m
Debts after one year
-€79,574
Current portion of long-term debt
+€4,318
Contributions, distributions and other
-€1.7m
Cash 31-12-2025
€2.0m
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,447,805 | €4,832,084 | -€615,721 | -11.3% |
| Fixed assets | 21/28 | €561,339 | €496,796 | -€64,543 | -11.5% |
| Intangible fixed assets | 21 | €27,803 | €13,882 | -€13,920 | -50.1% |
| Tangible fixed assets | 22/27 | €533,070 | €482,572 | -€50,498 | -9.5% |
| Plant, machinery and equipment | 23 | €33,577 | €75,871 | +€42,294 | +126.0% |
| Furniture and vehicles | 24 | €5,586 | €4,939 | -€647 | -11.6% |
| Leasing and similar rights | 25 | €478,956 | €394,434 | -€84,522 | -17.6% |
| Other tangible fixed assets | 26 | €14,951 | €7,328 | -€7,623 | -51.0% |
| Financial fixed assets | 28 | €467 | €342 | -€125 | -26.8% |
| Current assets | 29/58 | €4,886,465 | €4,335,287 | -€551,178 | -11.3% |
| Amounts receivable within one year | 40/41 | €2,179,046 | €2,165,364 | -€13,683 | -0.6% |
| Trade receivables | 40 | €2,178,425 | €2,117,175 | -€61,250 | -2.8% |
| Other amounts receivable | 41 | €621 | €48,189 | +€47,568 | +7658.0% |
| Current investments | 50/53 | €61,621 | €41,197 | -€20,424 | -33.1% |
| Cash at bank and in hand | 54/58 | €2,557,417 | €1,986,876 | -€570,541 | -22.3% |
| Deferred charges and accrued income | 490/1 | €88,381 | €141,850 | +€53,469 | +60.5% |
| Total equity and liabilities | 10/49 | €5,447,805 | €4,832,084 | -€615,721 | -11.3% |
| Equity | 10/15 | €1,182,809 | €1,221,505 | +€38,697 | +3.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,120,809 | €1,159,505 | +€38,697 | +3.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,114,609 | €1,153,305 | +€38,697 | +3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,264,996 | €3,610,578 | -€654,418 | -15.3% |
| Amounts payable after more than one year | 17 | €395,790 | €316,216 | -€79,574 | -20.1% |
| Financial debts | 170/4 | €395,790 | €316,216 | -€79,574 | -20.1% |
| Amounts payable within one year | 42/48 | €3,705,186 | €3,219,833 | -€485,354 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €75,257 | €79,574 | +€4,318 | +5.7% |
| Trade debts | 44 | €516,337 | €521,880 | +€5,542 | +1.1% |
| Suppliers | 440/4 | €516,337 | €521,880 | +€5,542 | +1.1% |
| Taxes, remuneration and social security | 45 | €913,592 | €918,379 | +€4,787 | +0.5% |
| Taxes | 450/3 | €480,068 | €390,796 | -€89,272 | -18.6% |
| Remuneration and social security | 454/9 | €433,525 | €527,583 | +€94,058 | +21.7% |
| Other amounts payable | 47/48 | €2,200,000 | €1,700,000 | -€500,000 | -22.7% |
| Accrued charges and deferred income | 492/3 | €164,019 | €74,530 | -€89,490 | -54.6% |
| Non-recurring operating income | 76A | €0 | €70,086 | +€70,086 | |
| Remuneration, social security and pensions | 62 | €3,627,704 | €4,204,239 | +€576,535 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,859 | €119,058 | +€53,199 | +80.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,240 | €13,543 | -€697 | -4.9% |
| Other operating charges | 640/8 | €80,532 | €108,665 | +€28,133 | +34.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €6,352,984 | €6,892,587 | +€539,603 | +8.5% |
| Operating profit (loss) | 9901 | €2,564,651 | €2,447,082 | -€117,569 | -4.6% |
| Financial income | 75/76B | €2,826 | €4,692 | +€1,866 | +66.0% |
| Recurring financial income | 75 | €2,826 | €4,692 | +€1,866 | +66.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €73,283 | €95,151 | +€21,868 | +29.8% |
| Recurring financial charges | 65 | €73,283 | €95,151 | +€21,868 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €2,494,194 | €2,356,623 | -€137,571 | -5.5% |
| Income taxes | 67/77 | €667,814 | €617,926 | -€49,887 | -7.5% |
| Profit (loss) for the period | 9904 | €1,826,381 | €1,738,697 | -€87,684 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,826,381 | €1,738,697 | -€87,684 | -4.8% |
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 29 September 2026 via checked.be.