PRO-STEAM: 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-STEAM
Largest movements
- Cash -€201,292
down €201,292 (-77.3%), from €260,528 to €59,237
mainly Contributions, distributions and other (-€138,301) and Other debts (-€93,732)
- Receivables within one year +€49,410
up €49,410 (+140.1%), from €35,264 to €84,674
of which Trade receivables: +€49,620
- Tangible fixed assets -€38,879
down €38,879 (-5.6%), from €697,786 to €658,907
of which Land and buildings: -€23,303
- Reserves -€138,301
down €138,301 (-16.7%), from €828,254 to €689,953
- Other debts -€93,732
down €93,732 (-42.4%), from €221,126 to €127,395
- Profit (loss) carried forward +€28,654
up €28,654 (+45.6%), from -€62,810 to -€34,156
- Gross operating margin +€66,541
up €66,541 (+2234.8%), from €2,978 to €69,519
- Financial income -€715
down €715 (-31.3%), from €2,286 to €1,570
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 | €1,008,559 | €813,014 | -€195,545 | -19.4% |
| Fixed assets | 21/28 | €697,786 | €658,907 | -€38,879 | -5.6% |
| Tangible fixed assets | 22/27 | €697,786 | €658,907 | -€38,879 | -5.6% |
| Land and buildings | 22 | €664,076 | €640,773 | -€23,303 | -3.5% |
| Plant, machinery and equipment | 23 | €584 | €368 | -€216 | -36.9% |
| Furniture and vehicles | 24 | €32,007 | €16,797 | -€15,210 | -47.5% |
| Other tangible fixed assets | 26 | €1,119 | €969 | -€150 | -13.4% |
| Current assets | 29/58 | €310,773 | €154,107 | -€156,666 | -50.4% |
| Stocks and contracts in progress | 3 | €12,717 | €7,984 | -€4,732 | -37.2% |
| Stocks | 30/36 | €12,717 | €7,984 | -€4,732 | -37.2% |
| Amounts receivable within one year | 40/41 | €35,264 | €84,674 | +€49,410 | +140.1% |
| Trade receivables | 40 | €34,647 | €84,267 | +€49,620 | +143.2% |
| Other amounts receivable | 41 | €617 | €407 | -€210 | -34.0% |
| Cash at bank and in hand | 54/58 | €260,528 | €59,237 | -€201,292 | -77.3% |
| Deferred charges and accrued income | 490/1 | €2,264 | €2,211 | -€53 | -2.3% |
| Total equity and liabilities | 10/49 | €1,008,559 | €813,014 | -€195,545 | -19.4% |
| Equity | 10/15 | €784,044 | €674,397 | -€109,647 | -14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €828,254 | €689,953 | -€138,301 | -16.7% |
| Distributable reserves | 133 | €828,254 | €689,953 | -€138,301 | -16.7% |
| Profit (loss) carried forward | 14 | -€62,810 | -€34,156 | +€28,654 | +45.6% |
| Amounts payable | 17/49 | €224,515 | €138,617 | -€85,898 | -38.3% |
| Amounts payable within one year | 42/48 | €223,377 | €137,456 | -€85,921 | -38.5% |
| Trade debts | 44 | €2,195 | €2,581 | +€387 | +17.6% |
| Suppliers | 440/4 | €2,195 | €2,581 | +€387 | +17.6% |
| Taxes, remuneration and social security | 45 | €56 | €7,480 | +€7,424 | +13202.8% |
| Taxes | 450/3 | €56 | €7,480 | +€7,424 | +13202.8% |
| Other amounts payable | 47/48 | €221,126 | €127,395 | -€93,732 | -42.4% |
| Accrued charges and deferred income | 492/3 | €1,138 | €1,161 | +€23 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,840 | €40,338 | -€502 | -1.2% |
| Other operating charges | 640/8 | €1,668 | €1,938 | +€270 | +16.2% |
| Gross operating margin | 9900 | €2,978 | €69,519 | +€66,541 | +2234.8% |
| Operating profit (loss) | 9901 | -€39,530 | €27,243 | +€66,773 | |
| Financial income | 75/76B | €2,286 | €1,570 | -€715 | -31.3% |
| Recurring financial income | 75 | €2,286 | €1,570 | -€715 | -31.3% |
| Financial charges | 65/66B | €91 | €95 | +€4 | +4.9% |
| Recurring financial charges | 65 | €91 | €95 | +€4 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,335 | €28,718 | +€66,053 | |
| Income taxes | 67/77 | €69 | €64 | -€5 | -6.8% |
| Profit (loss) for the period | 9904 | -€37,404 | €28,654 | +€66,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,404 | €28,654 | +€66,058 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.