PROBOCO: 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.
PROBOCO
Largest movements
- Stocks and contracts -€247,296
down €247,296 (-99.2%), from €249,245 to €1,950
- Tangible fixed assets -€97,028
down €97,028 (-6.6%), from €1.5m to €1.4m
of which Land and buildings: -€97,028
- Other debts -€161,767
down €161,767 (-20.4%), from €793,879 to €632,111
- Current portion of long-term debt -€149,372
down €149,372 (-75.3%), from €198,495 to €49,123
- Reserves +€52,500
up €52,500 (+42.6%), from €123,186 to €175,686
- Debts after one year -€49,123
down €49,123 (-10.2%), from €480,954 to €431,831
- Tax, wage and social debts -€23,635
down €23,635 (-67.7%), from €34,888 to €11,253
- Gross operating margin +€94,355
up €94,355 (+182.5%), from €51,694 to €146,049
- Taxes +€23,190
new in 2025: €23,190
- Financial charges -€6,140
down €6,140 (-21.1%), from €29,151 to €23,012
- Depreciation +€5,849
up €5,849 (+16.6%), from €35,180 to €41,029
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 | €1,721,268 | €1,391,414 | -€329,855 | -19.2% |
| Fixed assets | 21/28 | €1,461,047 | €1,364,018 | -€97,028 | -6.6% |
| Tangible fixed assets | 22/27 | €1,461,047 | €1,364,018 | -€97,028 | -6.6% |
| Land and buildings | 22 | €1,461,047 | €1,364,018 | -€97,028 | -6.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €260,222 | €27,395 | -€232,826 | -89.5% |
| Stocks and contracts in progress | 3 | €249,245 | €1,950 | -€247,296 | -99.2% |
| Stocks | 30/36 | €249,245 | €1,950 | -€247,296 | -99.2% |
| Amounts receivable within one year | 40/41 | €752 | €2,527 | +€1,775 | +235.9% |
| Trade receivables | 40 | €752 | €1,767 | +€1,014 | +134.8% |
| Other amounts receivable | 41 | - | €761 | +€761 | |
| Cash at bank and in hand | 54/58 | €8,404 | €20,945 | +€12,541 | +149.2% |
| Deferred charges and accrued income | 490/1 | €1,819 | €1,973 | +€154 | +8.4% |
| Total equity and liabilities | 10/49 | €1,721,268 | €1,391,414 | -€329,855 | -19.2% |
| Equity | 10/15 | €209,396 | €262,388 | +€52,993 | +25.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €123,186 | €175,686 | +€52,500 | +42.6% |
| Distributable reserves | 133 | €123,186 | €175,686 | +€52,500 | +42.6% |
| Profit (loss) carried forward | 14 | €66,210 | €66,703 | +€493 | +0.7% |
| Amounts payable | 17/49 | €1,511,872 | €1,129,025 | -€382,847 | -25.3% |
| Amounts payable after more than one year | 17 | €480,954 | €431,831 | -€49,123 | -10.2% |
| Financial debts | 170/4 | €480,954 | €431,831 | -€49,123 | -10.2% |
| Amounts payable within one year | 42/48 | €1,027,634 | €693,769 | -€333,864 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €198,495 | €49,123 | -€149,372 | -75.3% |
| Trade debts | 44 | €372 | €1,282 | +€910 | +244.5% |
| Suppliers | 440/4 | €372 | €1,282 | +€910 | +244.5% |
| Taxes, remuneration and social security | 45 | €34,888 | €11,253 | -€23,635 | -67.7% |
| Taxes | 450/3 | €34,888 | €11,253 | -€23,635 | -67.7% |
| Other amounts payable | 47/48 | €793,879 | €632,111 | -€161,767 | -20.4% |
| Accrued charges and deferred income | 492/3 | €3,285 | €3,425 | +€140 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,180 | €41,029 | +€5,849 | +16.6% |
| Other operating charges | 640/8 | €5,618 | €5,828 | +€210 | +3.7% |
| Gross operating margin | 9900 | €51,694 | €146,049 | +€94,355 | +182.5% |
| Operating profit (loss) | 9901 | €10,895 | €99,192 | +€88,297 | +810.4% |
| Financial income | 75/76B | €83 | €3 | -€80 | -96.7% |
| Recurring financial income | 75 | €83 | €3 | -€80 | -96.7% |
| Financial charges | 65/66B | €29,151 | €23,012 | -€6,140 | -21.1% |
| Recurring financial charges | 65 | €29,151 | €23,012 | -€6,140 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,172 | €76,183 | +€94,356 | |
| Income taxes | 67/77 | - | €23,190 | +€23,190 | |
| Profit (loss) for the period | 9904 | -€18,172 | €52,993 | +€71,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,172 | €52,993 | +€71,165 |
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 29 September 2026 via checked.be.