Pro Projects: what changed
What changed
Pro Projects
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€6,527
2024 · €527+€6,000
Equity
€292,262
2024 · €336,877-€44,615
Cash
€178,808
2024 · €146,143+€32,664
Balance sheet total
€902,954
2024 · €880,576+€22,377
Largest movements
Assets
- Current investments +€41,193
up €41,193 (+7,656%), from €538 to €41,731
- Tangible fixed assets -€40,385
down €40,385 (-9.1%), from €442,702 to €402,318
of which Land and buildings: -€36,661
- Cash +€32,664
up €32,664 (+22.4%), from €146,143 to €178,808
mainly Advances received (+€94,288) and Depreciation (+€69,420)
- Receivables within one year -€24,232
down €24,232 (-13.1%), from €184,633 to €160,402
of which Other amounts receivable: -€30,750
- Stocks and contracts +€17,215
up €17,215 (+31.1%), from €55,286 to €72,501
of which Stocks: +€17,215
Equity and liabilities
- Short-term financial debts -€143,007
down €143,007 (-96.7%), from €147,837 to €4,830
- Advances received +€94,288
new in 2025: €94,288
- Accrued charges and deferred income +€41,175
up €41,175 (+179,724%), from €23 to €41,198
- Debts after one year +€29,084
up €29,084 (+10.1%), from €286,935 to €316,020
- Contributions -€22,585
down €22,585 (-12.9%), from €175,600 to €153,015
Income statement
- Gross operating margin -€39,488
down €39,488 (-11.5%), from €344,413 to €304,924
- Taxes +€3,554
up €3,554 (+315%), from €1,129 to €4,682
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€527
Gross operating margin
-€39,488
Staff costs
+€334
Depreciation
-€2,697
Other operating charges
+€2,221
Other operating items
+€50,829
Financial income
-€2,471
Financial charges
+€825
Taxes
-€3,554
Result 2025
€6,527
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€237,562
Investment
-€59,841
Financing
-€145,056
Cash 2024
€146,143
From operations (derived)
+€237,562
Net result for the year
+€6,527
Depreciation
+€69,420
Stocks and contracts
-€17,215
Receivables within one year
+€24,232
Deferred charges and accrued income
-€6,309
Trade debts
+€4,998
Tax, wage and social debts
+€14,851
Advances received
+€94,288
Other debts
+€5,595
Accrued charges and deferred income
+€41,175
Investment (derived)
-€59,841
Investment in fixed assets (net)
-€18,649
Current investments
-€41,193
Financing
-€145,056
Debts after one year
+€29,084
Current portion of long-term debt
+€20,008
Short-term financial debts
-€143,007
Contributions, distributions and other
-€51,142
Cash 2025
€178,808
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €880,576 | €902,954 | +€22,377 | +2.5% |
| Fixed assets | 21/28 | €490,685 | €439,914 | -€50,771 | -10.3% |
| Intangible fixed assets | 21 | €44,770 | €34,383 | -€10,387 | -23.2% |
| Tangible fixed assets | 22/27 | €442,702 | €402,318 | -€40,385 | -9.1% |
| Land and buildings | 22 | €401,107 | €364,446 | -€36,661 | -9.1% |
| Plant, machinery and equipment | 23 | €14,896 | €21,317 | +€6,421 | +43.1% |
| Furniture and vehicles | 24 | €26,699 | €16,554 | -€10,145 | -38.0% |
| Financial fixed assets | 28 | €3,213 | €3,213 | = | 0.0% |
| Current assets | 29/58 | €389,891 | €463,040 | +€73,149 | +18.8% |
| Stocks and contracts in progress | 3 | €55,286 | €72,501 | +€17,215 | +31.1% |
| Stocks | 30/36 | €55,286 | €72,501 | +€17,215 | +31.1% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €184,633 | €160,402 | -€24,232 | -13.1% |
| Trade receivables | 40 | €138,666 | €145,184 | +€6,518 | +4.7% |
| Other amounts receivable | 41 | €45,968 | €15,218 | -€30,750 | -66.9% |
| Current investments | 50/53 | €538 | €41,731 | +€41,193 | +7,656% |
| Cash at bank and in hand | 54/58 | €146,143 | €178,808 | +€32,664 | +22.4% |
| Deferred charges and accrued income | 490/1 | €3,291 | €9,599 | +€6,309 | +192% |
| Total equity and liabilities | 10/49 | €880,576 | €902,954 | +€22,377 | +2.5% |
| Equity | 10/15 | €336,877 | €292,262 | -€44,615 | -13.2% |
| Contributions | 10/11 | €175,600 | €153,015 | -€22,585 | -12.9% |
| Reserves | 13 | €161,277 | €139,248 | -€22,029 | -13.7% |
| Non-distributable reserves | 130/1 | €18,800 | €0 | -€18,800 | -100% |
| Reserves not available under the articles | 1311 | €18,800 | €0 | -€18,800 | -100% |
| Distributable reserves | 133 | €142,477 | €139,248 | -€3,229 | -2.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €543,700 | €610,692 | +€66,992 | +12.3% |
| Amounts payable after more than one year | 17 | €286,935 | €316,020 | +€29,084 | +10.1% |
| Financial debts | 170/4 | €286,935 | €316,020 | +€29,084 | +10.1% |
| Amounts payable within one year | 42/48 | €256,741 | €253,474 | -€3,267 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €37,020 | €57,028 | +€20,008 | +54.0% |
| Financial debts | 43 | €147,837 | €4,830 | -€143,007 | -96.7% |
| Credit institutions | 430/8 | €147,837 | €4,830 | -€143,007 | -96.7% |
| Trade debts | 44 | €66,743 | €71,741 | +€4,998 | +7.5% |
| Suppliers | 440/4 | €66,743 | €71,741 | +€4,998 | +7.5% |
| Advances received on contracts in progress | 46 | - | €94,288 | +€94,288 | |
| Taxes, remuneration and social security | 45 | €5,142 | €19,992 | +€14,851 | +289% |
| Taxes | 450/3 | €2,758 | €12,552 | +€9,794 | +355% |
| Remuneration and social security | 454/9 | €2,384 | €7,441 | +€5,057 | +212% |
| Other amounts payable | 47/48 | - | €5,595 | +€5,595 | |
| Accrued charges and deferred income | 492/3 | €23 | €41,198 | +€41,175 | +179,724% |
| Non-recurring operating income | 76A | €1,151 | €200 | -€951 | -82.6% |
| Remuneration, social security and pensions | 62 | €204,419 | €204,085 | -€334 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,724 | €69,420 | +€2,697 | +4.0% |
| Other operating charges | 640/8 | €4,985 | €2,763 | -€2,221 | -44.6% |
| Non-recurring operating charges | 66A | €51,332 | €503 | -€50,829 | -99.0% |
| Gross operating margin | 9900 | €344,413 | €304,924 | -€39,488 | -11.5% |
| Operating profit (loss) | 9901 | €16,953 | €28,153 | +€11,199 | +66.1% |
| Financial income | 75/76B | €4,581 | €2,110 | -€2,471 | -53.9% |
| Recurring financial income | 75 | €4,581 | €2,110 | -€2,471 | -53.9% |
| Financial charges | 65/66B | €19,878 | €19,053 | -€825 | -4.2% |
| Recurring financial charges | 65 | €19,878 | €19,053 | -€825 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €1,656 | €11,210 | +€9,554 | +577% |
| Income taxes | 67/77 | €1,129 | €4,682 | +€3,554 | +315% |
| Profit (loss) for the period | 9904 | €527 | €6,527 | +€6,000 | +1,138% |
| Profit (loss) for the period to be appropriated | 9905 | €527 | €6,527 | +€6,000 | +1,138% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.