PRO4PRO: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
PRO4PRO
Largest movements
- Cash +€61,129
up €61,129 (+305%), from €20,066 to €81,194
mainly Current investments (+€53,420) and Net result for the year (+€34,175)
- Current investments -€53,420
down €53,420 (-12.0%), from €444,869 to €391,450
- Receivables within one year +€20,195
up €20,195 (+51.8%), from €38,966 to €59,160
of which Other amounts receivable: +€15,135
- Tangible fixed assets -€18,399
down €18,399 (-31.0%), from €59,374 to €40,975
of which Furniture and vehicles: -€16,593
- Reserves +€34,175
up €34,175 (+6.6%), from €518,180 to €552,355
- Tax, wage and social debts -€24,947
down €24,947 (-70.9%), from €35,177 to €10,230
- Financial income +€8,054
up €8,054 (+514%), from €1,568 to €9,622
- Taxes +€3,630
up €3,630 (+31.9%), from €11,368 to €14,999
- Gross operating margin +€2,471
up €2,471 (+4.3%), from €56,932 to €59,403
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,783 | €573,794 | +€10,010 | +1.8% |
| Fixed assets | 21/28 | €59,524 | €41,125 | -€18,399 | -30.9% |
| Tangible fixed assets | 22/27 | €59,374 | €40,975 | -€18,399 | -31.0% |
| Plant, machinery and equipment | 23 | €2,151 | €832 | -€1,319 | -61.3% |
| Furniture and vehicles | 24 | €53,090 | €36,496 | -€16,593 | -31.3% |
| Other tangible fixed assets | 26 | €4,133 | €3,646 | -€486 | -11.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €504,260 | €532,669 | +€28,409 | +5.6% |
| Amounts receivable within one year | 40/41 | €38,966 | €59,160 | +€20,195 | +51.8% |
| Trade receivables | 40 | €4,620 | €9,680 | +€5,060 | +110% |
| Other amounts receivable | 41 | €34,346 | €49,480 | +€15,135 | +44.1% |
| Current investments | 50/53 | €444,869 | €391,450 | -€53,420 | -12.0% |
| Cash at bank and in hand | 54/58 | €20,066 | €81,194 | +€61,129 | +305% |
| Deferred charges and accrued income | 490/1 | €359 | €865 | +€506 | +141% |
| Total equity and liabilities | 10/49 | €563,783 | €573,794 | +€10,010 | +1.8% |
| Equity | 10/15 | €527,436 | €561,611 | +€34,175 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €518,180 | €552,355 | +€34,175 | +6.6% |
| Distributable reserves | 133 | €518,180 | €552,355 | +€34,175 | +6.6% |
| Profit (loss) carried forward | 14 | €3,056 | €3,056 | = | 0.0% |
| Amounts payable | 17/49 | €36,348 | €12,183 | -€24,164 | -66.5% |
| Amounts payable within one year | 42/48 | €36,348 | €12,183 | -€24,164 | -66.5% |
| Trade debts | 44 | €1,171 | €1,954 | +€783 | +66.9% |
| Suppliers | 440/4 | €1,171 | €1,954 | +€783 | +66.9% |
| Taxes, remuneration and social security | 45 | €35,177 | €10,230 | -€24,947 | -70.9% |
| Taxes | 450/3 | €35,177 | €10,230 | -€24,947 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,878 | €18,399 | +€521 | +2.9% |
| Other operating charges | 640/8 | €1,284 | €1,311 | +€27 | +2.1% |
| Non-recurring operating charges | 66A | - | €53 | +€53 | |
| Gross operating margin | 9900 | €56,932 | €59,403 | +€2,471 | +4.3% |
| Operating profit (loss) | 9901 | €37,770 | €39,640 | +€1,870 | +5.0% |
| Financial income | 75/76B | €1,568 | €9,622 | +€8,054 | +514% |
| Recurring financial income | 75 | €1,568 | €9,622 | +€8,054 | +514% |
| Financial charges | 65/66B | €49 | €88 | +€39 | +79.8% |
| Recurring financial charges | 65 | €49 | €88 | +€39 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | €39,289 | €49,173 | +€9,885 | +25.2% |
| Income taxes | 67/77 | €11,368 | €14,999 | +€3,630 | +31.9% |
| Profit (loss) for the period | 9904 | €27,921 | €34,175 | +€6,254 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,921 | €34,175 | +€6,254 | +22.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.