PRO-RATA: 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-RATA
Largest movements
- Receivables within one year -€68,950
down €68,950 (-83.6%), from €82,462 to €13,512
of which Other amounts receivable: -€81,252
- Tangible fixed assets -€14,681
down €14,681 (-12.0%), from €122,723 to €108,042
of which Land and buildings: -€9,817
- Cash +€2,659
up €2,659 (+54.4%), from €4,891 to €7,550
mainly Receivables within one year (+€68,950) and Other debts (+€32,898)
- Profit (loss) carried forward -€94,631
down €94,631, from €33,138 to -€61,493
- Other debts +€32,898
up €32,898 (+38.5%), from €85,408 to €118,305
- Current portion of long-term debt -€24,190
no longer reported in 2025 (was €24,190)
- Tax, wage and social debts +€4,516
up €4,516 (+534%), from €846 to €5,362
- Gross operating margin -€24,816
down €24,816, from €19,555 to -€5,261
- Other operating charges +€6,053
up €6,053 (+393%), from €1,542 to €7,594
- Financial charges -€949
down €949 (-51.3%), from €1,852 to €902
- Depreciation -€707
down €707 (-4.6%), from €15,388 to €14,681
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 | €211,081 | €129,104 | -€81,977 | -38.8% |
| Fixed assets | 21/28 | €122,723 | €108,042 | -€14,681 | -12.0% |
| Tangible fixed assets | 22/27 | €122,723 | €108,042 | -€14,681 | -12.0% |
| Land and buildings | 22 | €85,942 | €76,125 | -€9,817 | -11.4% |
| Plant, machinery and equipment | 23 | €286 | - | -€286 | |
| Furniture and vehicles | 24 | €690 | €225 | -€465 | -67.5% |
| Other tangible fixed assets | 26 | €35,804 | €31,692 | -€4,112 | -11.5% |
| Current assets | 29/58 | €88,358 | €21,063 | -€67,296 | -76.2% |
| Amounts receivable within one year | 40/41 | €82,462 | €13,512 | -€68,950 | -83.6% |
| Trade receivables | 40 | €1,210 | €13,512 | +€12,302 | +1,017% |
| Other amounts receivable | 41 | €81,252 | - | -€81,252 | |
| Cash at bank and in hand | 54/58 | €4,891 | €7,550 | +€2,659 | +54.4% |
| Deferred charges and accrued income | 490/1 | €1,005 | - | -€1,005 | |
| Total equity and liabilities | 10/49 | €211,081 | €129,104 | -€81,977 | -38.8% |
| Equity | 10/15 | €99,578 | €4,946 | -€94,631 | -95.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,839 | €47,839 | = | 0.0% |
| Distributable reserves | 133 | €47,839 | €47,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,138 | -€61,493 | -€94,631 | |
| Amounts payable | 17/49 | €111,503 | €124,158 | +€12,655 | +11.3% |
| Amounts payable within one year | 42/48 | €111,503 | €124,158 | +€12,655 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €24,190 | - | -€24,190 | |
| Trade debts | 44 | €1,060 | €491 | -€569 | -53.7% |
| Suppliers | 440/4 | €1,060 | €491 | -€569 | -53.7% |
| Taxes, remuneration and social security | 45 | €846 | €5,362 | +€4,516 | +534% |
| Taxes | 450/3 | €846 | €5,362 | +€4,516 | +534% |
| Other amounts payable | 47/48 | €85,408 | €118,305 | +€32,898 | +38.5% |
| Non-recurring operating income | 76A | €55,000 | - | -€55,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,388 | €14,681 | -€707 | -4.6% |
| Other operating charges | 640/8 | €1,542 | €7,594 | +€6,053 | +393% |
| Non-recurring operating charges | 66A | - | €66,017 | +€66,017 | |
| Gross operating margin | 9900 | €19,555 | -€5,261 | -€24,816 | |
| Operating profit (loss) | 9901 | €2,625 | -€93,552 | -€96,178 | |
| Financial charges | 65/66B | €1,852 | €902 | -€949 | -51.3% |
| Recurring financial charges | 65 | €1,852 | €902 | -€949 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €774 | -€94,455 | -€95,228 | |
| Income taxes | 67/77 | €140 | €177 | +€37 | +26.8% |
| Profit (loss) for the period | 9904 | €634 | -€94,631 | -€95,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €634 | -€94,631 | -€95,265 |
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 21 October 2026 via checked.be.