PROAN: 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.
PROAN
Largest movements
- Receivables within one year -€11,482
down €11,482 (-37.0%), from €31,044 to €19,563
of which Trade receivables: -€12,100
- Tangible fixed assets +€7,821
up €7,821 (+14.7%), from €53,025 to €60,846
- Cash +€6,210
up €6,210 (+22.3%), from €27,842 to €34,052
mainly Depreciation (+€13,377) and Net result for the year (+€12,054)
- Deferred charges and accrued income +€1,455
up €1,455 (+124.9%), from €1,165 to €2,620
- Reserves +€12,054
up €12,054 (+17.0%), from €70,993 to €83,048
- Debts after one year -€6,937
down €6,937 (-100.0%), from €6,937 to €0
- Tax, wage and social debts -€1,331
down €1,331 (-17.3%), from €7,694 to €6,363
- Trade debts +€1,229
up €1,229 (+136.0%), from €904 to €2,133
- Depreciation +€2,880
up €2,880 (+27.4%), from €10,497 to €13,377
- Gross operating margin +€383
up €383 (+1.1%), from €35,482 to €35,865
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 | €113,076 | €117,081 | +€4,005 | +3.5% |
| Fixed assets | 21/28 | €53,025 | €60,846 | +€7,821 | +14.7% |
| Tangible fixed assets | 22/27 | €53,025 | €60,846 | +€7,821 | +14.7% |
| Furniture and vehicles | 24 | €53,025 | €60,846 | +€7,821 | +14.7% |
| Current assets | 29/58 | €60,051 | €56,234 | -€3,817 | -6.4% |
| Amounts receivable within one year | 40/41 | €31,044 | €19,563 | -€11,482 | -37.0% |
| Trade receivables | 40 | €20,453 | €8,353 | -€12,100 | -59.2% |
| Other amounts receivable | 41 | €10,592 | €11,210 | +€618 | +5.8% |
| Cash at bank and in hand | 54/58 | €27,842 | €34,052 | +€6,210 | +22.3% |
| Deferred charges and accrued income | 490/1 | €1,165 | €2,620 | +€1,455 | +124.9% |
| Total equity and liabilities | 10/49 | €113,076 | €117,081 | +€4,005 | +3.5% |
| Equity | 10/15 | €89,593 | €101,648 | +€12,054 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,993 | €83,048 | +€12,054 | +17.0% |
| Distributable reserves | 133 | €70,993 | €83,048 | +€12,054 | +17.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €23,483 | €15,433 | -€8,050 | -34.3% |
| Amounts payable after more than one year | 17 | €6,937 | €0 | -€6,937 | -100.0% |
| Financial debts | 170/4 | €6,937 | €0 | -€6,937 | -100.0% |
| Amounts payable within one year | 42/48 | €16,546 | €15,433 | -€1,113 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €7,948 | €6,937 | -€1,011 | -12.7% |
| Trade debts | 44 | €904 | €2,133 | +€1,229 | +136.0% |
| Suppliers | 440/4 | €904 | €2,133 | +€1,229 | +136.0% |
| Taxes, remuneration and social security | 45 | €7,694 | €6,363 | -€1,331 | -17.3% |
| Taxes | 450/3 | €7,694 | €6,363 | -€1,331 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,497 | €13,377 | +€2,880 | +27.4% |
| Other operating charges | 640/8 | €691 | €817 | +€126 | +18.2% |
| Gross operating margin | 9900 | €35,482 | €35,865 | +€383 | +1.1% |
| Operating profit (loss) | 9901 | €24,295 | €21,671 | -€2,624 | -10.8% |
| Financial income | 75/76B | €29 | €0 | -€29 | -99.8% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -99.8% |
| Financial charges | 65/66B | €3,280 | €3,254 | -€26 | -0.8% |
| Recurring financial charges | 65 | €3,280 | €3,254 | -€26 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €21,044 | €18,418 | -€2,626 | -12.5% |
| Income taxes | 67/77 | €6,101 | €6,363 | +€262 | +4.3% |
| Profit (loss) for the period | 9904 | €14,943 | €12,054 | -€2,889 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,943 | €12,054 | -€2,889 | -19.3% |
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 12 October 2026 via checked.be.