PRO RED: 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.
PRO RED
Largest movements
- Stocks and contracts +€6,597
up €6,597 (+44.8%), from €14,709 to €21,305
- Cash +€2,184
up €2,184 (+52.9%), from €4,125 to €6,309
mainly Other debts (+€14,000) and Current investments (+€2)
- Receivables within one year +€1,813
up €1,813 (+41.2%), from €4,397 to €6,211
- Other debts +€14,000
up €14,000 (+140.0%), from €10,000 to €24,000
- Profit (loss) carried forward -€3,020
down €3,020 (-42.3%), from -€7,146 to -€10,166
- Trade debts -€387
no longer reported in 2025 (was €387)
- Gross operating margin +€4,230
up €4,230 (+59.8%), from -€7,070 to -€2,841
- Financial charges +€92
up €92 (+358.9%), from €26 to €118
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.
Cash bridge derived
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 | €23,241 | €33,834 | +€10,593 | +45.6% |
| Current assets | 29/58 | €23,241 | €33,834 | +€10,593 | +45.6% |
| Stocks and contracts in progress | 3 | €14,709 | €21,305 | +€6,597 | +44.8% |
| Contracts in progress | 37 | €14,709 | €21,305 | +€6,597 | +44.8% |
| Amounts receivable within one year | 40/41 | €4,397 | €6,211 | +€1,813 | +41.2% |
| Other amounts receivable | 41 | €4,397 | €6,211 | +€1,813 | +41.2% |
| Current investments | 50/53 | €10 | €8 | -€2 | -16.7% |
| Cash at bank and in hand | 54/58 | €4,125 | €6,309 | +€2,184 | +52.9% |
| Total equity and liabilities | 10/49 | €23,241 | €33,834 | +€10,593 | +45.6% |
| Equity | 10/15 | €12,854 | €9,834 | -€3,020 | -23.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,146 | -€10,166 | -€3,020 | -42.3% |
| Amounts payable | 17/49 | €10,387 | €24,000 | +€13,613 | +131.1% |
| Amounts payable within one year | 42/48 | €10,387 | €24,000 | +€13,613 | +131.1% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Other amounts payable | 47/48 | €10,000 | €24,000 | +€14,000 | +140.0% |
| Other operating charges | 640/8 | €50 | €62 | +€12 | +24.0% |
| Gross operating margin | 9900 | -€7,070 | -€2,841 | +€4,230 | +59.8% |
| Operating profit (loss) | 9901 | -€7,120 | -€2,903 | +€4,218 | +59.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €26 | €118 | +€92 | +358.9% |
| Recurring financial charges | 65 | €26 | €118 | +€92 | +358.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,146 | -€3,020 | +€4,126 | +57.7% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€7,146 | -€3,020 | +€4,126 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,146 | -€3,020 | +€4,126 | +57.7% |
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 8 October 2026 via checked.be.