PROACTIVE: 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.
PROACTIVE
Largest movements
- Tangible fixed assets +€22,637
up €22,637 (+247%), from €9,180 to €31,817
of which Leasing and similar rights: +€26,657
- Stocks and contracts -€8,491
no longer reported in 2025 (was €8,491)
- Cash +€6,473
up €6,473 (+28.2%), from €22,919 to €29,392
mainly Debts after one year (+€19,548) and Net result for the year (+€11,657)
- Receivables within one year -€6,409
down €6,409 (-47.6%), from €13,476 to €7,067
of which Trade receivables: -€7,005
- Debts after one year +€19,548
up €19,548 (+1,389%), from €1,407 to €20,955
- Other debts -€11,667
down €11,667 (-78.1%), from €14,945 to €3,278
- Profit (loss) carried forward +€11,657
up €11,657 (+77.9%), from €14,957 to €26,614
- Trade debts -€6,388
down €6,388 (-88.6%), from €7,212 to €824
- Current portion of long-term debt +€5,839
up €5,839 (+512%), from €1,141 to €6,980
- Depreciation +€4,498
up €4,498 (+143%), from €3,138 to €7,636
- Gross operating margin -€3,023
down €3,023 (-10.8%), from €27,960 to €24,937
- Taxes -€2,385
down €2,385 (-39.3%), from €6,070 to €3,685
- Financial charges +€618
up €618 (+137%), from €450 to €1,068
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 | €54,906 | €69,397 | +€14,491 | +26.4% |
| Fixed assets | 21/28 | €9,180 | €31,817 | +€22,637 | +247% |
| Tangible fixed assets | 22/27 | €9,180 | €31,817 | +€22,637 | +247% |
| Furniture and vehicles | 24 | €9,180 | €5,160 | -€4,020 | -43.8% |
| Leasing and similar rights | 25 | - | €26,657 | +€26,657 | |
| Current assets | 29/58 | €45,726 | €37,580 | -€8,146 | -17.8% |
| Stocks and contracts in progress | 3 | €8,491 | - | -€8,491 | |
| Stocks | 30/36 | €8,491 | - | -€8,491 | |
| Amounts receivable within one year | 40/41 | €13,476 | €7,067 | -€6,409 | -47.6% |
| Trade receivables | 40 | €13,246 | €6,241 | -€7,005 | -52.9% |
| Other amounts receivable | 41 | €230 | €826 | +€596 | +259% |
| Cash at bank and in hand | 54/58 | €22,919 | €29,392 | +€6,473 | +28.2% |
| Deferred charges and accrued income | 490/1 | €840 | €1,121 | +€281 | +33.5% |
| Total equity and liabilities | 10/49 | €54,906 | €69,397 | +€14,491 | +26.4% |
| Equity | 10/15 | €19,957 | €31,614 | +€11,657 | +58.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,957 | €26,614 | +€11,657 | +77.9% |
| Amounts payable | 17/49 | €34,949 | €37,783 | +€2,834 | +8.1% |
| Amounts payable after more than one year | 17 | €1,407 | €20,955 | +€19,548 | +1,389% |
| Financial debts | 170/4 | €1,407 | €20,955 | +€19,548 | +1,389% |
| Amounts payable within one year | 42/48 | €33,542 | €16,817 | -€16,725 | -49.9% |
| Current portion of amounts payable after more than one year | 42 | €1,141 | €6,980 | +€5,839 | +512% |
| Trade debts | 44 | €7,212 | €824 | -€6,388 | -88.6% |
| Suppliers | 440/4 | €7,212 | €824 | -€6,388 | -88.6% |
| Taxes, remuneration and social security | 45 | €10,244 | €5,735 | -€4,509 | -44.0% |
| Taxes | 450/3 | €10,244 | €5,735 | -€4,509 | -44.0% |
| Other amounts payable | 47/48 | €14,945 | €3,278 | -€11,667 | -78.1% |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,138 | €7,636 | +€4,498 | +143% |
| Other operating charges | 640/8 | €1,123 | €928 | -€195 | -17.4% |
| Non-recurring operating charges | 66A | €2,265 | - | -€2,265 | |
| Gross operating margin | 9900 | €27,960 | €24,937 | -€3,023 | -10.8% |
| Operating profit (loss) | 9901 | €21,434 | €16,373 | -€5,061 | -23.6% |
| Financial income | 75/76B | €43 | €37 | -€6 | -14.0% |
| Recurring financial income | 75 | €43 | €37 | -€6 | -14.0% |
| Financial charges | 65/66B | €450 | €1,068 | +€618 | +137% |
| Recurring financial charges | 65 | €450 | €1,068 | +€618 | +137% |
| Profit (loss) for the period before taxes | 9903 | €21,027 | €15,342 | -€5,685 | -27.0% |
| Income taxes | 67/77 | €6,070 | €3,685 | -€2,385 | -39.3% |
| Profit (loss) for the period | 9904 | €14,957 | €11,657 | -€3,300 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,957 | €11,657 | -€3,300 | -22.1% |
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 18 October 2026 via checked.be.