PRO-S: 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-S
Largest movements
- Receivables within one year +€26,455
up €26,455 (+31.8%), from €83,172 to €109,627
of which Other amounts receivable: +€46,867
- Cash +€26,353
up €26,353 (+219.8%), from €11,991 to €38,344
mainly Net result for the year (+€44,458) and Depreciation (+€20,853)
- Tangible fixed assets -€12,352
down €12,352 (-5.1%), from €244,566 to €232,213
of which Land and buildings: -€7,530
- Financial fixed assets +€6,000
up €6,000 (+184.4%), from €3,253 to €9,253
- Profit (loss) carried forward +€44,458
up €44,458 (+22.1%), from €201,524 to €245,981
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Debts after one year -€9,010
down €9,010 (-5.6%), from €161,570 to €152,561
- Current portion of long-term debt -€5,975
down €5,975 (-27.0%), from €22,134 to €16,160
- Trade debts -€5,547
down €5,547 (-14.9%), from €37,292 to €31,745
- Gross operating margin +€10,068
up €10,068 (+4.1%), from €247,497 to €257,565
- Other operating charges +€8,560
up €8,560 (+212.0%), from €4,038 to €12,599
- Financial charges +€6,614
up €6,614 (+65.2%), from €10,144 to €16,758
- Staff costs +€4,691
up €4,691 (+3.1%), from €152,057 to €156,748
- Taxes -€4,303
down €4,303 (-24.0%), from €17,940 to €13,637
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €505,612 | €551,502 | +€45,890 | +9.1% |
| Fixed assets | 21/28 | €252,819 | €243,966 | -€8,852 | -3.5% |
| Intangible fixed assets | 21 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Tangible fixed assets | 22/27 | €244,566 | €232,213 | -€12,352 | -5.1% |
| Land and buildings | 22 | €217,588 | €210,058 | -€7,530 | -3.5% |
| Plant, machinery and equipment | 23 | €2,245 | €1,352 | -€894 | -39.8% |
| Furniture and vehicles | 24 | €16,139 | €14,145 | -€1,994 | -12.4% |
| Other tangible fixed assets | 26 | €8,593 | €6,658 | -€1,935 | -22.5% |
| Financial fixed assets | 28 | €3,253 | €9,253 | +€6,000 | +184.4% |
| Current assets | 29/58 | €252,793 | €307,535 | +€54,742 | +21.7% |
| Amounts receivable after more than one year | 29 | €156,000 | €156,000 | = | 0.0% |
| Other amounts receivable | 291 | €156,000 | €156,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,172 | €109,627 | +€26,455 | +31.8% |
| Trade receivables | 40 | €48,298 | €27,886 | -€20,412 | -42.3% |
| Other amounts receivable | 41 | €34,874 | €81,741 | +€46,867 | +134.4% |
| Cash at bank and in hand | 54/58 | €11,991 | €38,344 | +€26,353 | +219.8% |
| Deferred charges and accrued income | 490/1 | €1,630 | €3,564 | +€1,934 | +118.6% |
| Total equity and liabilities | 10/49 | €505,612 | €551,502 | +€45,890 | +9.1% |
| Equity | 10/15 | €209,584 | €266,441 | +€56,858 | +27.1% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201,524 | €245,981 | +€44,458 | +22.1% |
| Amounts payable | 17/49 | €296,028 | €285,060 | -€10,968 | -3.7% |
| Amounts payable after more than one year | 17 | €161,570 | €152,561 | -€9,010 | -5.6% |
| Financial debts | 170/4 | €161,570 | €152,561 | -€9,010 | -5.6% |
| Amounts payable within one year | 42/48 | €134,357 | €130,955 | -€3,401 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €22,134 | €16,160 | -€5,975 | -27.0% |
| Trade debts | 44 | €37,292 | €31,745 | -€5,547 | -14.9% |
| Suppliers | 440/4 | €37,292 | €31,745 | -€5,547 | -14.9% |
| Taxes, remuneration and social security | 45 | €43,892 | €46,925 | +€3,033 | +6.9% |
| Taxes | 450/3 | €31,583 | €38,025 | +€6,441 | +20.4% |
| Remuneration and social security | 454/9 | €12,309 | €8,900 | -€3,408 | -27.7% |
| Other amounts payable | 47/48 | €31,038 | €36,126 | +€5,088 | +16.4% |
| Accrued charges and deferred income | 492/3 | €101 | €1,544 | +€1,443 | +1424.6% |
| Remuneration, social security and pensions | 62 | €152,057 | €156,748 | +€4,691 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,482 | €20,853 | +€1,372 | +7.0% |
| Other operating charges | 640/8 | €4,038 | €12,599 | +€8,560 | +212.0% |
| Gross operating margin | 9900 | €247,497 | €257,565 | +€10,068 | +4.1% |
| Operating profit (loss) | 9901 | €71,920 | €67,365 | -€4,555 | -6.3% |
| Financial income | 75/76B | €4,560 | €7,488 | +€2,928 | +64.2% |
| Recurring financial income | 75 | €4,560 | €7,488 | +€2,928 | +64.2% |
| Financial charges | 65/66B | €10,144 | €16,758 | +€6,614 | +65.2% |
| Recurring financial charges | 65 | €10,144 | €16,758 | +€6,614 | +65.2% |
| Profit (loss) for the period before taxes | 9903 | €66,336 | €58,095 | -€8,241 | -12.4% |
| Income taxes | 67/77 | €17,940 | €13,637 | -€4,303 | -24.0% |
| Profit (loss) for the period | 9904 | €48,396 | €44,458 | -€3,938 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,396 | €44,458 | -€3,938 | -8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.