Probobel: what changed
Two fiscal 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.
What changed
Probobel
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€81,556
2024 · -€75,955-€5,601
Equity
€3.8m
2024 · €3.9m-€81,556
Cash
€9,995
2024 · €9,452+€544
Balance sheet total
€8.3m
2024 · €7.6m+€742,392
Largest movements
Assets
- Financial fixed assets +€487,603
up €487,603 (+111.3%), from €438,248 to €925,850
- Tangible fixed assets +€321,646
up €321,646 (+10.0%), from €3.2m to €3.5m
of which Land and buildings: +€570,024
Equity and liabilities
- Other debts +€949,667
up €949,667 (+28.5%), from €3.3m to €4.3m
Income statement
- Gross operating margin +€57,179
up €57,179, from -€19,354 to €37,826
- Depreciation +€27,711
up €27,711 (+29.2%), from €94,981 to €122,693
- Financial income -€17,485
down €17,485 (-9.3%), from €188,924 to €171,439
- Financial charges +€14,158
up €14,158 (+10.0%), from €141,162 to €155,320
- Write-downs +€6,863
up €6,863, from -€6,863 to €0
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.
Result 2024
-€75,955
Gross operating margin
+€57,179
Depreciation
-€27,711
Write-downs
-€6,863
Other operating charges
+€3,436
Financial income
-€17,485
Financial charges
-€14,158
Result 2025
-€81,556
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.
From operations
+€994,153
Investment
-€931,942
Financing
-€61,668
Cash 2024
€9,452
From operations (derived)
+€994,153
Net result for the year
-€81,556
Depreciation
+€122,693
Receivables within one year
+€68,475
Smaller working-capital items
-€3,390
Trade debts
-€38,917
Tax, wage and social debts
-€6,701
Other debts
+€949,667
Accrued charges and deferred income
-€16,117
Investment (derived)
-€931,942
Investment in fixed assets (net)
-€931,942
Financing
-€61,668
Debts after one year
-€61,668
Cash 2025
€9,995
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,566,770 | €8,309,162 | +€742,392 | +9.8% |
| Fixed assets | 21/28 | €3,658,652 | €4,467,901 | +€809,249 | +22.1% |
| Tangible fixed assets | 22/27 | €3,220,404 | €3,542,050 | +€321,646 | +10.0% |
| Land and buildings | 22 | €2,969,163 | €3,539,187 | +€570,024 | +19.2% |
| Furniture and vehicles | 24 | €4,560 | €2,863 | -€1,697 | -37.2% |
| Assets under construction and advance payments | 27 | €246,680 | €0 | -€246,680 | -100.0% |
| Financial fixed assets | 28 | €438,248 | €925,850 | +€487,603 | +111.3% |
| Current assets | 29/58 | €3,908,118 | €3,841,261 | -€66,857 | -1.7% |
| Amounts receivable within one year | 40/41 | €3,895,166 | €3,826,691 | -€68,475 | -1.8% |
| Trade receivables | 40 | €3,126 | €3,910 | +€784 | +25.1% |
| Other amounts receivable | 41 | €3,892,040 | €3,822,781 | -€69,259 | -1.8% |
| Cash at bank and in hand | 54/58 | €9,452 | €9,995 | +€544 | +5.8% |
| Deferred charges and accrued income | 490/1 | €3,501 | €4,575 | +€1,074 | +30.7% |
| Total equity and liabilities | 10/49 | €7,566,770 | €8,309,162 | +€742,392 | +9.8% |
| Equity | 10/15 | €3,865,374 | €3,783,818 | -€81,556 | -2.1% |
| Contributions | 10/11 | €2,138,082 | €2,138,082 | = | 0.0% |
| Capital | 10 | €2,138,082 | €2,138,082 | = | 0.0% |
| Issued capital | 100 | €2,150,000 | €2,150,000 | = | 0.0% |
| Uncalled capital | 101 | €11,918 | €11,918 | = | 0.0% |
| Reserves | 13 | €152,017 | €145,069 | -€6,948 | -4.6% |
| Non-distributable reserves | 130/1 | €95,108 | €95,108 | = | 0.0% |
| Legal reserve | 130 | €95,108 | €95,108 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,909 | €49,961 | -€6,948 | -12.2% |
| Profit (loss) carried forward | 14 | €1,575,276 | €1,500,667 | -€74,608 | -4.7% |
| Provisions and deferred taxes | 16 | €18,970 | €16,654 | -€2,316 | -12.2% |
| Deferred taxes | 168 | €18,970 | €16,654 | -€2,316 | -12.2% |
| Amounts payable | 17/49 | €3,682,427 | €4,508,690 | +€826,264 | +22.4% |
| Amounts payable after more than one year | 17 | €197,500 | €135,832 | -€61,668 | -31.2% |
| Financial debts | 170/4 | €197,500 | €135,832 | -€61,668 | -31.2% |
| Amounts payable within one year | 42/48 | €3,460,113 | €4,364,162 | +€904,049 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €61,668 | €61,668 | = | 0.0% |
| Trade debts | 44 | €61,412 | €22,495 | -€38,917 | -63.4% |
| Suppliers | 440/4 | €61,412 | €22,495 | -€38,917 | -63.4% |
| Taxes, remuneration and social security | 45 | €8,199 | €1,497 | -€6,701 | -81.7% |
| Taxes | 450/3 | €8,199 | €1,497 | -€6,701 | -81.7% |
| Other amounts payable | 47/48 | €3,328,835 | €4,278,502 | +€949,667 | +28.5% |
| Accrued charges and deferred income | 492/3 | €24,813 | €8,696 | -€16,117 | -65.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,981 | €122,693 | +€27,711 | +29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,863 | €0 | +€6,863 | |
| Other operating charges | 640/8 | €18,561 | €15,124 | -€3,436 | -18.5% |
| Gross operating margin | 9900 | -€19,354 | €37,826 | +€57,179 | |
| Operating profit (loss) | 9901 | -€126,033 | -€99,991 | +€26,041 | +20.7% |
| Financial income | 75/76B | €188,924 | €171,439 | -€17,485 | -9.3% |
| Recurring financial income | 75 | €188,924 | €171,439 | -€17,485 | -9.3% |
| Financial charges | 65/66B | €141,162 | €155,320 | +€14,158 | +10.0% |
| Recurring financial charges | 65 | €141,162 | €155,320 | +€14,158 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | -€78,271 | -€83,872 | -€5,601 | -7.2% |
| Transfer from deferred taxes | 780 | €2,316 | €2,316 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€75,955 | -€81,556 | -€5,601 | -7.4% |
| Transfer from tax-exempt reserves | 789 | €6,948 | €6,948 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,007 | -€74,608 | -€5,601 | -8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.