PRO SMART: 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 SMART
Largest movements
- Tangible fixed assets -€31,712
down €31,712 (-9.9%), from €319,206 to €287,494
of which Furniture and vehicles: -€22,135
- Debts after one year -€29,608
down €29,608 (-12.9%), from €229,751 to €200,143
- Tax, wage and social debts +€14,050
up €14,050 (+151.4%), from €9,278 to €23,328
of which Taxes: +€12,898
- Other debts -€11,859
down €11,859 (-100.0%), from €11,859 to €0
- Profit (loss) carried forward -€6,408
down €6,408 (-5.9%), from €108,851 to €102,443
- Trade debts -€4,159
down €4,159 (-29.5%), from €14,100 to €9,940
- Gross operating margin -€58,493
down €58,493 (-31.1%), from €188,051 to €129,559
- Taxes -€23,163
down €23,163 (-89.5%), from €25,895 to €2,732
- Depreciation -€7,993
down €7,993 (-17.4%), from €45,947 to €37,954
- Staff costs +€7,275
up €7,275 (+21.7%), from €33,465 to €40,741
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 | €406,579 | €369,462 | -€37,117 | -9.1% |
| Fixed assets | 21/28 | €319,206 | €287,494 | -€31,712 | -9.9% |
| Tangible fixed assets | 22/27 | €319,206 | €287,494 | -€31,712 | -9.9% |
| Land and buildings | 22 | €256,472 | €247,237 | -€9,236 | -3.6% |
| Plant, machinery and equipment | 23 | €341 | - | -€341 | |
| Furniture and vehicles | 24 | €62,393 | €40,257 | -€22,135 | -35.5% |
| Current assets | 29/58 | €87,372 | €81,968 | -€5,405 | -6.2% |
| Amounts receivable within one year | 40/41 | €61,956 | €59,888 | -€2,069 | -3.3% |
| Trade receivables | 40 | €61,956 | €28,447 | -€33,509 | -54.1% |
| Other amounts receivable | 41 | - | €31,440 | +€31,440 | |
| Cash at bank and in hand | 54/58 | €21,979 | €21,821 | -€158 | -0.7% |
| Deferred charges and accrued income | 490/1 | €3,437 | €260 | -€3,178 | -92.4% |
| Total equity and liabilities | 10/49 | €406,579 | €369,462 | -€37,117 | -9.1% |
| Equity | 10/15 | €112,851 | €106,443 | -€6,408 | -5.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,851 | €102,443 | -€6,408 | -5.9% |
| Amounts payable | 17/49 | €293,728 | €263,019 | -€30,709 | -10.5% |
| Amounts payable after more than one year | 17 | €229,751 | €200,143 | -€29,608 | -12.9% |
| Financial debts | 170/4 | €229,751 | €200,143 | -€29,608 | -12.9% |
| Amounts payable within one year | 42/48 | €63,977 | €62,876 | -€1,101 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €28,741 | €29,608 | +€867 | +3.0% |
| Trade debts | 44 | €14,100 | €9,940 | -€4,159 | -29.5% |
| Suppliers | 440/4 | €14,100 | €9,940 | -€4,159 | -29.5% |
| Taxes, remuneration and social security | 45 | €9,278 | €23,328 | +€14,050 | +151.4% |
| Taxes | 450/3 | €5,446 | €18,344 | +€12,898 | +236.8% |
| Remuneration and social security | 454/9 | €3,832 | €4,984 | +€1,152 | +30.1% |
| Other amounts payable | 47/48 | €11,859 | €0 | -€11,859 | -100.0% |
| Remuneration, social security and pensions | 62 | €33,465 | €40,741 | +€7,275 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,947 | €37,954 | -€7,993 | -17.4% |
| Other operating charges | 640/8 | €3,211 | €4,963 | +€1,752 | +54.6% |
| Gross operating margin | 9900 | €188,051 | €129,559 | -€58,493 | -31.1% |
| Operating profit (loss) | 9901 | €105,429 | €45,902 | -€59,527 | -56.5% |
| Financial income | 75/76B | €1 | €40 | +€39 | +3900.0% |
| Recurring financial income | 75 | €1 | €40 | +€39 | +3900.0% |
| Financial charges | 65/66B | €10,518 | €9,618 | -€900 | -8.6% |
| Recurring financial charges | 65 | €10,518 | €9,618 | -€900 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €94,911 | €36,324 | -€58,588 | -61.7% |
| Income taxes | 67/77 | €25,895 | €2,732 | -€23,163 | -89.5% |
| Profit (loss) for the period | 9904 | €69,016 | €33,592 | -€35,424 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,016 | €33,592 | -€35,424 | -51.3% |
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.