PRO-TRADING: 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-TRADING
Largest movements
- Stocks and contracts +€41,302
up €41,302 (+1284.3%), from €3,216 to €44,518
- Tangible fixed assets -€5,080
no longer reported in 2025 (was €5,080)
- Cash -€3,943
down €3,943 (-70.1%), from €5,624 to €1,681
mainly Stocks and contracts (-€41,302) and Net result for the year (-€12,872)
- Financial fixed assets +€3,200
up €3,200 (+1066.7%), from €300 to €3,500
- Other debts +€54,779
up €54,779 (+8091.7%), from €677 to €55,456
- Profit (loss) carried forward -€12,872
down €12,872, from €5,384 to -€7,488
- Trade debts -€5,892
down €5,892 (-64.8%), from €9,089 to €3,197
- Tax, wage and social debts -€561
no longer reported in 2025 (was €561)
- Gross operating margin -€7,777
down €7,777, from €552 to -€7,225
- Depreciation -€5,206
down €5,206 (-94.2%), from €5,525 to €320
- Other operating charges +€3,690
up €3,690 (+233.8%), from €1,578 to €5,268
- Taxes -€3,199
no longer reported in 2025 (was €3,199)
- Financial charges -€143
down €143 (-70.8%), from €202 to €59
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 | €18,711 | €54,165 | +€35,454 | +189.5% |
| Fixed assets | 21/28 | €5,380 | €3,500 | -€1,880 | -34.9% |
| Tangible fixed assets | 22/27 | €5,080 | - | -€5,080 | |
| Furniture and vehicles | 24 | €5,080 | - | -€5,080 | |
| Financial fixed assets | 28 | €300 | €3,500 | +€3,200 | +1066.7% |
| Current assets | 29/58 | €13,332 | €50,665 | +€37,334 | +280.0% |
| Stocks and contracts in progress | 3 | €3,216 | €44,518 | +€41,302 | +1284.3% |
| Stocks | 30/36 | €3,216 | €44,518 | +€41,302 | +1284.3% |
| Amounts receivable within one year | 40/41 | €4,492 | €4,467 | -€25 | -0.6% |
| Trade receivables | 40 | €4,492 | €1,327 | -€3,165 | -70.5% |
| Other amounts receivable | 41 | - | €3,140 | +€3,140 | |
| Cash at bank and in hand | 54/58 | €5,624 | €1,681 | -€3,943 | -70.1% |
| Total equity and liabilities | 10/49 | €18,711 | €54,165 | +€35,454 | +189.5% |
| Equity | 10/15 | €8,384 | -€4,488 | -€12,872 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,384 | -€7,488 | -€12,872 | |
| Amounts payable | 17/49 | €10,327 | €58,653 | +€48,326 | +468.0% |
| Amounts payable within one year | 42/48 | €10,327 | €58,653 | +€48,326 | +468.0% |
| Trade debts | 44 | €9,089 | €3,197 | -€5,892 | -64.8% |
| Suppliers | 440/4 | €9,089 | €3,197 | -€5,892 | -64.8% |
| Taxes, remuneration and social security | 45 | €561 | - | -€561 | |
| Taxes | 450/3 | €561 | - | -€561 | |
| Other amounts payable | 47/48 | €677 | €55,456 | +€54,779 | +8091.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,525 | €320 | -€5,206 | -94.2% |
| Other operating charges | 640/8 | €1,578 | €5,268 | +€3,690 | +233.8% |
| Gross operating margin | 9900 | €552 | -€7,225 | -€7,777 | |
| Operating profit (loss) | 9901 | -€6,552 | -€12,813 | -€6,261 | -95.6% |
| Financial charges | 65/66B | €202 | €59 | -€143 | -70.8% |
| Recurring financial charges | 65 | €202 | €59 | -€143 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,754 | -€12,872 | -€6,118 | -90.6% |
| Income taxes | 67/77 | €3,199 | - | -€3,199 | |
| Profit (loss) for the period | 9904 | -€9,953 | -€12,872 | -€2,919 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,953 | -€12,872 | -€2,919 | -29.3% |
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 7 October 2026 via checked.be.