PRO-SQUARE: 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-SQUARE
Largest movements
- Receivables within one year -€19,787
down €19,787 (-37.9%), from €52,183 to €32,396
of which Other amounts receivable: -€18,859
- Receivables after one year -€4,575
down €4,575 (-49.4%), from €9,270 to €4,695
- Cash +€4,535
up €4,535 (+15.9%), from €28,462 to €32,996
mainly Receivables within one year (+€19,787) and Net result for the year (+€11,099)
- Tangible fixed assets -€1,313
down €1,313 (-14.8%), from €8,891 to €7,579
of which Land and buildings: -€930
- Deferred charges and accrued income -€1,056
down €1,056 (-52.4%), from €2,014 to €958
- Other debts -€40,260
down €40,260 (-100.0%), from €40,260 to €0
- Reserves +€11,099
up €11,099 (+105.4%), from €10,529 to €21,628
- Tax, wage and social debts +€7,794
up €7,794 (+61.2%), from €12,746 to €20,540
of which Taxes: +€8,059
- Gross operating margin -€15,296
down €15,296 (-56.5%), from €27,059 to €11,763
- Financial income +€7,771
up €7,771 (+440.0%), from €1,766 to €9,537
of which Non-recurring financial income: +€7,830
- Financial charges +€1,903
up €1,903 (+260.1%), from €732 to €2,635
- Taxes -€844
down €844 (-13.4%), from €6,279 to €5,434
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 | €100,820 | €78,624 | -€22,196 | -22.0% |
| Fixed assets | 21/28 | €8,891 | €7,579 | -€1,313 | -14.8% |
| Tangible fixed assets | 22/27 | €8,891 | €7,579 | -€1,313 | -14.8% |
| Land and buildings | 22 | €7,105 | €6,175 | -€930 | -13.1% |
| Plant, machinery and equipment | 23 | €1,787 | €1,404 | -€383 | -21.4% |
| Current assets | 29/58 | €91,928 | €71,045 | -€20,883 | -22.7% |
| Amounts receivable after more than one year | 29 | €9,270 | €4,695 | -€4,575 | -49.4% |
| Other amounts receivable | 291 | €9,270 | €4,695 | -€4,575 | -49.4% |
| Amounts receivable within one year | 40/41 | €52,183 | €32,396 | -€19,787 | -37.9% |
| Trade receivables | 40 | €14,169 | €13,240 | -€928 | -6.6% |
| Other amounts receivable | 41 | €38,014 | €19,155 | -€18,859 | -49.6% |
| Cash at bank and in hand | 54/58 | €28,462 | €32,996 | +€4,535 | +15.9% |
| Deferred charges and accrued income | 490/1 | €2,014 | €958 | -€1,056 | -52.4% |
| Total equity and liabilities | 10/49 | €100,820 | €78,624 | -€22,196 | -22.0% |
| Equity | 10/15 | €45,104 | €56,203 | +€11,099 | +24.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €10,529 | €21,628 | +€11,099 | +105.4% |
| Distributable reserves | 133 | €10,529 | €21,628 | +€11,099 | +105.4% |
| Profit (loss) carried forward | 14 | €22,174 | €22,174 | = | 0.0% |
| Amounts payable | 17/49 | €55,716 | €22,421 | -€33,295 | -59.8% |
| Amounts payable within one year | 42/48 | €55,716 | €22,410 | -€33,306 | -59.8% |
| Trade debts | 44 | €2,710 | €1,870 | -€841 | -31.0% |
| Suppliers | 440/4 | €2,710 | €1,870 | -€841 | -31.0% |
| Taxes, remuneration and social security | 45 | €12,746 | €20,540 | +€7,794 | +61.2% |
| Taxes | 450/3 | €12,481 | €20,540 | +€8,059 | +64.6% |
| Remuneration and social security | 454/9 | €265 | €0 | -€265 | -100.0% |
| Other amounts payable | 47/48 | €40,260 | €0 | -€40,260 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313 | €1,313 | = | 0.0% |
| Other operating charges | 640/8 | €990 | €819 | -€171 | -17.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,059 | €11,763 | -€15,296 | -56.5% |
| Operating profit (loss) | 9901 | €24,756 | €9,631 | -€15,125 | -61.1% |
| Financial income | 75/76B | €1,766 | €9,537 | +€7,771 | +440.0% |
| Recurring financial income | 75 | €1,766 | €1,708 | -€58 | -3.3% |
| Non-recurring financial income | 76B | - | €7,830 | +€7,830 | |
| Financial charges | 65/66B | €732 | €2,635 | +€1,903 | +260.1% |
| Recurring financial charges | 65 | €732 | €2,635 | +€1,903 | +260.1% |
| Profit (loss) for the period before taxes | 9903 | €25,790 | €16,534 | -€9,257 | -35.9% |
| Income taxes | 67/77 | €6,279 | €5,434 | -€844 | -13.4% |
| Profit (loss) for the period | 9904 | €19,512 | €11,099 | -€8,413 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,512 | €11,099 | -€8,413 | -43.1% |
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 6 October 2026 via checked.be.