Probelgium: what changed
Probelgium
Largest movements
- Financial fixed assets -€113,200
down €113,200 (-96.9%), from €116,845 to €3,645
- Intangible fixed assets +€101,671
new in 2025: €101,671
- Cash +€28,188
up €28,188 (+1,777%), from €1,586 to €29,774
mainly Debts after one year (+€42,664) and Contributions, distributions and other (+€37,349)
- Stocks and contracts +€27,214
new in 2025: €27,214
- Tangible fixed assets +€21,989
up €21,989 (+3,960%), from €555 to €22,544
of which Furniture and vehicles: +€19,163
- Debts after one year +€42,664
up €42,664 (+97.3%), from €43,845 to €86,509
- Reserves +€37,759
new in 2025: €37,759
- Profit (loss) carried forward -€33,121
down €33,121 (-239%), from -€13,835 to -€46,956
- Other debts -€30,201
down €30,201 (-63.6%), from €47,487 to €17,287
- Trade debts +€29,260
up €29,260, from €0 to €29,260
- Depreciation +€25,130
up €25,130 (+10,206%), from €246 to €25,377
- Financial charges +€15,399
up €15,399 (+499%), from €3,087 to €18,487
of which Non-recurring financial charges: +€8,158
- Taxes -€9,808
down €9,808 (-94.6%), from €10,370 to €562
- Gross operating margin +€8,321
up €8,321 (+86.5%), from €9,625 to €17,946
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 | €124,593 | €199,837 | +€75,244 | +60.4% |
| Fixed assets | 21/28 | €117,400 | €127,860 | +€10,460 | +8.9% |
| Intangible fixed assets | 21 | - | €101,671 | +€101,671 | |
| Tangible fixed assets | 22/27 | €555 | €22,544 | +€21,989 | +3,960% |
| Plant, machinery and equipment | 23 | - | €2,826 | +€2,826 | |
| Furniture and vehicles | 24 | €555 | €19,718 | +€19,163 | +3,451% |
| Financial fixed assets | 28 | €116,845 | €3,645 | -€113,200 | -96.9% |
| Current assets | 29/58 | €7,193 | €71,976 | +€64,784 | +901% |
| Stocks and contracts in progress | 3 | - | €27,214 | +€27,214 | |
| Stocks | 30/36 | - | €27,214 | +€27,214 | |
| Amounts receivable within one year | 40/41 | €5,607 | €13,963 | +€8,357 | +149% |
| Trade receivables | 40 | €5,607 | €13,809 | +€8,202 | +146% |
| Other amounts receivable | 41 | - | €154 | +€154 | |
| Cash at bank and in hand | 54/58 | €1,586 | €29,774 | +€28,188 | +1,777% |
| Deferred charges and accrued income | 490/1 | - | €1,026 | +€1,026 | |
| Total equity and liabilities | 10/49 | €124,593 | €199,837 | +€75,244 | +60.4% |
| Equity | 10/15 | €4,765 | €15,603 | +€10,839 | +227% |
| Contributions | 10/11 | €18,600 | €24,800 | +€6,200 | +33.3% |
| Reserves | 13 | - | €37,759 | +€37,759 | |
| Distributable reserves | 133 | - | €37,759 | +€37,759 | |
| Profit (loss) carried forward | 14 | -€13,835 | -€46,956 | -€33,121 | -239% |
| Amounts payable | 17/49 | €119,828 | €184,233 | +€64,405 | +53.7% |
| Amounts payable after more than one year | 17 | €43,845 | €86,509 | +€42,664 | +97.3% |
| Financial debts | 170/4 | €43,845 | €86,509 | +€42,664 | +97.3% |
| Amounts payable within one year | 42/48 | €75,983 | €88,449 | +€12,465 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €11,452 | €35,582 | +€24,130 | +211% |
| Trade debts | 44 | €0 | €29,260 | +€29,260 | |
| Suppliers | 440/4 | €0 | €29,260 | +€29,260 | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €17,044 | €6,320 | -€10,724 | -62.9% |
| Taxes | 450/3 | €17,044 | €6,320 | -€10,724 | -62.9% |
| Other amounts payable | 47/48 | €47,487 | €17,287 | -€30,201 | -63.6% |
| Accrued charges and deferred income | 492/3 | €0 | €9,276 | +€9,276 | |
| Non-recurring operating income | 76A | - | €5,087 | +€5,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | €25,377 | +€25,130 | +10,206% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €0 | €58 | +€58 | |
| Gross operating margin | 9900 | €9,625 | €17,946 | +€8,321 | +86.5% |
| Operating profit (loss) | 9901 | €9,378 | -€7,489 | -€16,867 | |
| Financial income | 75/76B | €0 | €27 | +€27 | |
| Recurring financial income | 75 | €0 | €27 | +€27 | |
| Financial charges | 65/66B | €3,087 | €18,487 | +€15,399 | +499% |
| Recurring financial charges | 65 | €3,087 | €10,329 | +€7,241 | +235% |
| Non-recurring financial charges | 66B | - | €8,158 | +€8,158 | |
| Profit (loss) for the period before taxes | 9903 | €6,291 | -€25,948 | -€32,239 | |
| Income taxes | 67/77 | €10,370 | €562 | -€9,808 | -94.6% |
| Profit (loss) for the period | 9904 | -€4,079 | -€26,511 | -€22,431 | -550% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,079 | -€26,511 | -€22,431 | -550% |
Next steps
Calculation and sources
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 3 November 2026 via checked.be.