PRO WORK: 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 WORK
Largest movements
- Cash +€9,878
up €9,878 (+14.9%), from €66,317 to €76,195
mainly Net result for the year (+€16,462) and Depreciation (+€16,300)
- Tangible fixed assets -€3,783
down €3,783 (-6.3%), from €59,891 to €56,109
of which Other tangible fixed assets: -€10,348
- Reserves -€16,581
down €16,581 (-14.0%), from €118,298 to €101,717
- Profit (loss) carried forward +€16,462
up €16,462, from €0 to €16,462
- Tax, wage and social debts +€2,125
up €2,125 (+44.4%), from €4,783 to €6,908
of which Taxes: +€2,125
- Gross operating margin +€7,789
up €7,789 (+25.4%), from €30,629 to €38,417
- Taxes +€646
up €646 (+15.3%), from €4,214 to €4,860
- Depreciation -€517
down €517 (-3.1%), from €16,817 to €16,300
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 | €140,956 | €144,503 | +€3,547 | +2.5% |
| Fixed assets | 21/28 | €60,641 | €56,859 | -€3,783 | -6.2% |
| Tangible fixed assets | 22/27 | €59,891 | €56,109 | -€3,783 | -6.3% |
| Plant, machinery and equipment | 23 | €1,624 | €1,180 | -€444 | -27.4% |
| Furniture and vehicles | 24 | €6,378 | €13,387 | +€7,010 | +109.9% |
| Other tangible fixed assets | 26 | €51,890 | €41,542 | -€10,348 | -19.9% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €80,315 | €87,645 | +€7,330 | +9.1% |
| Amounts receivable within one year | 40/41 | €10,898 | €9,488 | -€1,410 | -12.9% |
| Trade receivables | 40 | - | €5,246 | +€5,246 | |
| Other amounts receivable | 41 | €10,898 | €4,242 | -€6,656 | -61.1% |
| Cash at bank and in hand | 54/58 | €66,317 | €76,195 | +€9,878 | +14.9% |
| Deferred charges and accrued income | 490/1 | €3,100 | €1,962 | -€1,138 | -36.7% |
| Total equity and liabilities | 10/49 | €140,956 | €144,503 | +€3,547 | +2.5% |
| Equity | 10/15 | €130,698 | €130,579 | -€119 | -0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €118,298 | €101,717 | -€16,581 | -14.0% |
| Distributable reserves | 133 | €118,298 | €101,717 | -€16,581 | -14.0% |
| Profit (loss) carried forward | 14 | €0 | €16,462 | +€16,462 | |
| Amounts payable | 17/49 | €10,258 | €13,924 | +€3,666 | +35.7% |
| Amounts payable within one year | 42/48 | €10,258 | €13,859 | +€3,601 | +35.1% |
| Financial debts | 43 | €171 | €0 | -€171 | -100.0% |
| Other loans | 439 | €171 | €0 | -€171 | -100.0% |
| Trade debts | 44 | €1,926 | €2,877 | +€951 | +49.4% |
| Suppliers | 440/4 | €1,926 | €2,877 | +€951 | +49.4% |
| Taxes, remuneration and social security | 45 | €4,783 | €6,908 | +€2,125 | +44.4% |
| Taxes | 450/3 | €2,783 | €4,908 | +€2,125 | +76.3% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,378 | €4,074 | +€697 | +20.6% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,817 | €16,300 | -€517 | -3.1% |
| Other operating charges | 640/8 | €551 | €570 | +€19 | +3.4% |
| Gross operating margin | 9900 | €30,629 | €38,417 | +€7,789 | +25.4% |
| Operating profit (loss) | 9901 | €13,260 | €21,547 | +€8,287 | +62.5% |
| Financial income | 75/76B | €373 | €341 | -€31 | -8.4% |
| Recurring financial income | 75 | €373 | €341 | -€31 | -8.4% |
| Financial charges | 65/66B | €823 | €566 | -€257 | -31.2% |
| Recurring financial charges | 65 | €823 | €566 | -€257 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €12,810 | €21,323 | +€8,512 | +66.4% |
| Income taxes | 67/77 | €4,214 | €4,860 | +€646 | +15.3% |
| Profit (loss) for the period | 9904 | €8,596 | €16,462 | +€7,866 | +91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,596 | €16,462 | +€7,866 | +91.5% |
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 28 September 2026 via checked.be.