PRO WELL: 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 WELL
Largest movements
- Cash +€401,051
up €401,051 (+122%), from €329,068 to €730,119
mainly Net result for the year (+€289,520) and Debts after one year (+€197,440)
- Tangible fixed assets +€275,926
up €275,926 (+14.8%), from €1.9m to €2.1m
of which Land and buildings: +€294,148
- Stocks and contracts -€55,382
down €55,382 (-16.3%), from €340,110 to €284,728
- Current investments -€50,000
down €50,000 (-72.1%), from €69,336 to €19,336
- Reserves +€303,730
up €303,730 (+32.3%), from €941,209 to €1.2m
- Debts after one year +€197,440
up €197,440 (+54.3%), from €363,586 to €561,027
- Short-term financial debts +€77,844
new in 2025: €77,844
- Accrued charges and deferred income +€46,835
up €46,835 (+174%), from €26,922 to €73,758
- Trade debts -€38,065
down €38,065 (-10.9%), from €349,200 to €311,135
- Depreciation -€94,408
down €94,408 (-52.5%), from €179,815 to €85,407
- Gross operating margin +€82,491
up €82,491 (+11.4%), from €724,751 to €807,242
- Taxes +€39,870
up €39,870 (+41.5%), from €96,179 to €136,049
- Staff costs +€26,450
up €26,450 (+15.6%), from €169,205 to €195,656
- Financial charges +€13,505
up €13,505 (+17.4%), from €77,437 to €90,942
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.
Derived cash bridge
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 | €2,656,488 | €3,241,118 | +€584,631 | +22.0% |
| Fixed assets | 21/28 | €1,866,884 | €2,142,810 | +€275,926 | +14.8% |
| Tangible fixed assets | 22/27 | €1,866,884 | €2,142,810 | +€275,926 | +14.8% |
| Land and buildings | 22 | €1,822,458 | €2,116,606 | +€294,148 | +16.1% |
| Plant, machinery and equipment | 23 | - | €1,674 | +€1,674 | |
| Furniture and vehicles | 24 | €44,427 | €24,530 | -€19,897 | -44.8% |
| Current assets | 29/58 | €789,603 | €1,098,308 | +€308,705 | +39.1% |
| Stocks and contracts in progress | 3 | €340,110 | €284,728 | -€55,382 | -16.3% |
| Stocks | 30/36 | €340,110 | €284,728 | -€55,382 | -16.3% |
| Amounts receivable within one year | 40/41 | €45,882 | €55,528 | +€9,645 | +21.0% |
| Trade receivables | 40 | €16,929 | €16,152 | -€777 | -4.6% |
| Other amounts receivable | 41 | €28,953 | €39,375 | +€10,423 | +36.0% |
| Current investments | 50/53 | €69,336 | €19,336 | -€50,000 | -72.1% |
| Cash at bank and in hand | 54/58 | €329,068 | €730,119 | +€401,051 | +122% |
| Deferred charges and accrued income | 490/1 | €5,207 | €8,598 | +€3,391 | +65.1% |
| Total equity and liabilities | 10/49 | €2,656,488 | €3,241,118 | +€584,631 | +22.0% |
| Equity | 10/15 | €974,018 | €1,263,539 | +€289,520 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €941,209 | €1,244,939 | +€303,730 | +32.3% |
| Distributable reserves | 133 | €941,209 | €1,244,939 | +€303,730 | +32.3% |
| Profit (loss) carried forward | 14 | €14,209 | - | -€14,209 | |
| Amounts payable | 17/49 | €1,682,469 | €1,977,579 | +€295,110 | +17.5% |
| Amounts payable after more than one year | 17 | €363,586 | €561,027 | +€197,440 | +54.3% |
| Financial debts | 170/4 | €363,586 | €561,027 | +€197,440 | +54.3% |
| Amounts payable within one year | 42/48 | €1,291,960 | €1,342,795 | +€50,835 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €116,208 | €119,765 | +€3,556 | +3.1% |
| Financial debts | 43 | - | €77,844 | +€77,844 | |
| Credit institutions | 430/8 | - | €77,844 | +€77,844 | |
| Trade debts | 44 | €349,200 | €311,135 | -€38,065 | -10.9% |
| Suppliers | 440/4 | €349,200 | €311,135 | -€38,065 | -10.9% |
| Taxes, remuneration and social security | 45 | €56,059 | €43,375 | -€12,685 | -22.6% |
| Taxes | 450/3 | €38,285 | €24,755 | -€13,530 | -35.3% |
| Remuneration and social security | 454/9 | €17,775 | €18,620 | +€845 | +4.8% |
| Other amounts payable | 47/48 | €770,492 | €790,677 | +€20,184 | +2.6% |
| Accrued charges and deferred income | 492/3 | €26,922 | €73,758 | +€46,835 | +174% |
| Remuneration, social security and pensions | 62 | €169,205 | €195,656 | +€26,450 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,815 | €85,407 | -€94,408 | -52.5% |
| Other operating charges | 640/8 | €10,025 | €11,324 | +€1,299 | +13.0% |
| Gross operating margin | 9900 | €724,751 | €807,242 | +€82,491 | +11.4% |
| Operating profit (loss) | 9901 | €365,705 | €514,855 | +€149,149 | +40.8% |
| Financial income | 75/76B | €8,321 | €1,657 | -€6,664 | -80.1% |
| Recurring financial income | 75 | €8,321 | €1,657 | -€6,664 | -80.1% |
| Financial charges | 65/66B | €77,437 | €90,942 | +€13,505 | +17.4% |
| Recurring financial charges | 65 | €77,437 | €90,942 | +€13,505 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €296,589 | €425,569 | +€128,980 | +43.5% |
| Income taxes | 67/77 | €96,179 | €136,049 | +€39,870 | +41.5% |
| Profit (loss) for the period | 9904 | €200,410 | €289,520 | +€89,111 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €200,410 | €289,520 | +€89,111 | +44.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.