PROBEL CONSULT: 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.
PROBEL CONSULT
Largest movements
- Receivables within one year +€18,616
up €18,616 (+71.2%), from €26,137 to €44,753
of which Trade receivables: +€18,616
- Cash -€12,335
down €12,335 (-91.0%), from €13,562 to €1,227
mainly Receivables within one year (-€18,616) and Investment in fixed assets (net) (-€7,708)
- Tangible fixed assets +€6,850
up €6,850 (+4.0%), from €172,427 to €179,277
of which Land and buildings: +€7,314
- Trade debts +€8,773
up €8,773 (+4258.7%), from €206 to €8,979
- Other debts +€3,994
up €3,994 (+49.2%), from €8,121 to €12,115
- Profit (loss) carried forward +€3,628
up €3,628 (+2.5%), from -€147,785 to -€144,157
- Tax, wage and social debts -€3,264
down €3,264 (-81.5%), from €4,003 to €739
- Gross operating margin -€8,020
down €8,020 (-62.3%), from €12,879 to €4,859
- Depreciation -€7,499
down €7,499 (-89.7%), from €8,357 to €858
- Other operating charges -€972
down €972 (-79.4%), from €1,224 to €252
- Taxes -€338
down €338 (-91.4%), from €370 to €32
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 | €214,466 | €227,597 | +€13,131 | +6.1% |
| Fixed assets | 21/28 | €174,767 | €181,617 | +€6,850 | +3.9% |
| Tangible fixed assets | 22/27 | €172,427 | €179,277 | +€6,850 | +4.0% |
| Land and buildings | 22 | €127,165 | €134,479 | +€7,314 | +5.8% |
| Furniture and vehicles | 24 | €45,262 | €44,798 | -€464 | -1.0% |
| Financial fixed assets | 28 | €2,340 | €2,340 | = | 0.0% |
| Current assets | 29/58 | €39,699 | €45,980 | +€6,281 | +15.8% |
| Amounts receivable within one year | 40/41 | €26,137 | €44,753 | +€18,616 | +71.2% |
| Trade receivables | 40 | €26,132 | €44,748 | +€18,616 | +71.2% |
| Other amounts receivable | 41 | €5 | €5 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,562 | €1,227 | -€12,335 | -91.0% |
| Total equity and liabilities | 10/49 | €214,466 | €227,597 | +€13,131 | +6.1% |
| Equity | 10/15 | -€141,585 | -€137,957 | +€3,628 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,785 | -€144,157 | +€3,628 | +2.5% |
| Amounts payable | 17/49 | €356,051 | €365,554 | +€9,503 | +2.7% |
| Amounts payable after more than one year | 17 | €326,442 | €326,442 | = | 0.0% |
| Financial debts | 170/4 | €326,442 | €326,442 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,609 | €39,112 | +€9,503 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €11,260 | €11,260 | = | 0.0% |
| Trade debts | 44 | €206 | €8,979 | +€8,773 | +4258.7% |
| Suppliers | 440/4 | €206 | €8,979 | +€8,773 | +4258.7% |
| Advances received on contracts in progress | 46 | €6,019 | €6,019 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,003 | €739 | -€3,264 | -81.5% |
| Taxes | 450/3 | €4,003 | €739 | -€3,264 | -81.5% |
| Other amounts payable | 47/48 | €8,121 | €12,115 | +€3,994 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,357 | €858 | -€7,499 | -89.7% |
| Other operating charges | 640/8 | €1,224 | €252 | -€972 | -79.4% |
| Gross operating margin | 9900 | €12,879 | €4,859 | -€8,020 | -62.3% |
| Operating profit (loss) | 9901 | €3,298 | €3,749 | +€451 | +13.7% |
| Financial charges | 65/66B | €129 | €89 | -€40 | -31.0% |
| Recurring financial charges | 65 | €129 | €89 | -€40 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €3,169 | €3,660 | +€491 | +15.5% |
| Income taxes | 67/77 | €370 | €32 | -€338 | -91.4% |
| Profit (loss) for the period | 9904 | €2,799 | €3,628 | +€829 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,799 | €3,628 | +€829 | +29.6% |
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 10 October 2026 via checked.be.