Probad: 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.
Probad
Largest movements
- Cash +€23,851
up €23,851 (+348%), from €6,856 to €30,707
mainly Net result for the year (+€28,858) and Depreciation (+€16,480)
- Tangible fixed assets -€16,150
down €16,150 (-30.5%), from €52,950 to €36,800
of which Plant, machinery and equipment: -€9,196
- Receivables within one year +€6,794
up €6,794 (+26.3%), from €25,858 to €32,652
of which Trade receivables: +€7,955
- Stocks and contracts -€5,500
down €5,500 (-73.3%), from €7,500 to €2,000
- Reserves +€28,858
up €28,858 (+120%), from €24,005 to €52,863
- Debts after one year -€11,500
down €11,500 (-40.2%), from €28,637 to €17,137
- Trade debts -€10,705
down €10,705 (-54.3%), from €19,727 to €9,022
- Tax, wage and social debts +€2,334
up €2,334 (+72.0%), from €3,240 to €5,574
of which Taxes: +€4,402
- Gross operating margin +€47,831
up €47,831 (+560%), from €8,548 to €56,379
- Taxes +€5,301
up €5,301 (+3,874%), from €137 to €5,437
- Other operating charges +€2,266
up €2,266 (+208%), from €1,089 to €3,356
- Financial charges +€642
up €642 (+36.6%), from €1,756 to €2,399
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 | €96,507 | €105,526 | +€9,019 | +9.3% |
| Fixed assets | 21/28 | €54,051 | €37,571 | -€16,480 | -30.5% |
| Intangible fixed assets | 21 | €1,100 | €770 | -€330 | -30.0% |
| Tangible fixed assets | 22/27 | €52,950 | €36,800 | -€16,150 | -30.5% |
| Plant, machinery and equipment | 23 | €26,157 | €16,962 | -€9,196 | -35.2% |
| Furniture and vehicles | 24 | €26,793 | €19,839 | -€6,954 | -26.0% |
| Current assets | 29/58 | €42,456 | €67,955 | +€25,499 | +60.1% |
| Stocks and contracts in progress | 3 | €7,500 | €2,000 | -€5,500 | -73.3% |
| Stocks | 30/36 | €7,500 | €2,000 | -€5,500 | -73.3% |
| Amounts receivable within one year | 40/41 | €25,858 | €32,652 | +€6,794 | +26.3% |
| Trade receivables | 40 | €22,486 | €30,440 | +€7,955 | +35.4% |
| Other amounts receivable | 41 | €3,372 | €2,212 | -€1,160 | -34.4% |
| Cash at bank and in hand | 54/58 | €6,856 | €30,707 | +€23,851 | +348% |
| Deferred charges and accrued income | 490/1 | €2,242 | €2,596 | +€353 | +15.8% |
| Total equity and liabilities | 10/49 | €96,507 | €105,526 | +€9,019 | +9.3% |
| Equity | 10/15 | €32,463 | €61,321 | +€28,858 | +88.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,005 | €52,863 | +€28,858 | +120% |
| Distributable reserves | 133 | €24,005 | €52,863 | +€28,858 | +120% |
| Profit (loss) carried forward | 14 | €7,458 | €7,458 | = | 0.0% |
| Amounts payable | 17/49 | €64,044 | €44,205 | -€19,839 | -31.0% |
| Amounts payable after more than one year | 17 | €28,637 | €17,137 | -€11,500 | -40.2% |
| Financial debts | 170/4 | €28,637 | €17,137 | -€11,500 | -40.2% |
| Amounts payable within one year | 42/48 | €35,407 | €27,068 | -€8,339 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €12,043 | €12,245 | +€201 | +1.7% |
| Trade debts | 44 | €19,727 | €9,022 | -€10,705 | -54.3% |
| Suppliers | 440/4 | €19,727 | €9,022 | -€10,705 | -54.3% |
| Taxes, remuneration and social security | 45 | €3,240 | €5,574 | +€2,334 | +72.0% |
| Taxes | 450/3 | €1,171 | €5,574 | +€4,402 | +376% |
| Remuneration and social security | 454/9 | €2,069 | €0 | -€2,069 | -100% |
| Other amounts payable | 47/48 | €397 | €228 | -€169 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,456 | €16,480 | +€24 | +0.1% |
| Other operating charges | 640/8 | €1,089 | €3,356 | +€2,266 | +208% |
| Gross operating margin | 9900 | €8,548 | €56,379 | +€47,831 | +560% |
| Operating profit (loss) | 9901 | -€8,997 | €36,543 | +€45,541 | |
| Financial income | 75/76B | €82 | €151 | +€69 | +83.2% |
| Recurring financial income | 75 | €82 | €151 | +€69 | +83.2% |
| Financial charges | 65/66B | €1,756 | €2,399 | +€642 | +36.6% |
| Recurring financial charges | 65 | €1,756 | €2,399 | +€642 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,672 | €34,296 | +€44,967 | |
| Income taxes | 67/77 | €137 | €5,437 | +€5,301 | +3,874% |
| Profit (loss) for the period | 9904 | -€10,808 | €28,858 | +€39,666 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,808 | €28,858 | +€39,666 |
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 17 October 2026 via checked.be.