PROBOUW: 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.
PROBOUW
Largest movements
- Tangible fixed assets -€74,248
down €74,248 (-2.3%), from €3.3m to €3.2m
- Cash +€50,440
up €50,440 (+489.9%), from €10,296 to €60,736
mainly Net result for the year (+€122,707) and Depreciation (+€83,344)
- Debts after one year -€141,402
down €141,402 (-14.8%), from €954,703 to €813,301
- Reserves +€122,707
up €122,707 (+19.8%), from €618,884 to €741,591
of which Distributable reserves: +€126,105
- Other debts +€42,843
up €42,843 (+4.5%), from €955,149 to €997,993
- Current portion of long-term debt -€36,574
down €36,574 (-17.7%), from €206,976 to €170,402
- Gross operating margin +€68,718
up €68,718 (+26.7%), from €257,231 to €325,949
- Financial charges -€17,924
down €17,924 (-20.6%), from €87,158 to €69,234
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 | €3,273,508 | €3,250,710 | -€22,798 | -0.7% |
| Fixed assets | 21/28 | €3,261,873 | €3,187,625 | -€74,248 | -2.3% |
| Tangible fixed assets | 22/27 | €3,261,873 | €3,187,625 | -€74,248 | -2.3% |
| Land and buildings | 22 | €3,261,873 | €3,187,625 | -€74,248 | -2.3% |
| Current assets | 29/58 | €11,635 | €63,085 | +€51,450 | +442.2% |
| Cash at bank and in hand | 54/58 | €10,296 | €60,736 | +€50,440 | +489.9% |
| Deferred charges and accrued income | 490/1 | €1,339 | €2,349 | +€1,010 | +75.4% |
| Total equity and liabilities | 10/49 | €3,273,508 | €3,250,710 | -€22,798 | -0.7% |
| Equity | 10/15 | €680,887 | €803,594 | +€122,707 | +18.0% |
| Contributions | 10/11 | €62,003 | €62,003 | = | 0.0% |
| Capital | 10 | €62,003 | €62,003 | = | 0.0% |
| Issued capital | 100 | €91,750 | €91,750 | = | 0.0% |
| Uncalled capital | 101 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €618,884 | €741,591 | +€122,707 | +19.8% |
| Non-distributable reserves | 130/1 | €9,175 | €9,175 | = | 0.0% |
| Legal reserve | 130 | €9,175 | €9,175 | = | 0.0% |
| Tax-exempt reserves | 132 | €149,512 | €146,114 | -€3,398 | -2.3% |
| Distributable reserves | 133 | €460,197 | €586,302 | +€126,105 | +27.4% |
| Provisions and deferred taxes | 16 | €49,837 | €48,705 | -€1,133 | -2.3% |
| Deferred taxes | 168 | €49,837 | €48,705 | -€1,133 | -2.3% |
| Amounts payable | 17/49 | €2,542,784 | €2,398,412 | -€144,372 | -5.7% |
| Amounts payable after more than one year | 17 | €954,703 | €813,301 | -€141,402 | -14.8% |
| Financial debts | 170/4 | €954,703 | €813,301 | -€141,402 | -14.8% |
| Amounts payable within one year | 42/48 | €1,588,081 | €1,585,111 | -€2,970 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €206,976 | €170,402 | -€36,574 | -17.7% |
| Trade debts | 44 | €396,865 | €387,710 | -€9,155 | -2.3% |
| Suppliers | 440/4 | €396,865 | €387,710 | -€9,155 | -2.3% |
| Taxes, remuneration and social security | 45 | €29,090 | €29,006 | -€84 | -0.3% |
| Taxes | 450/3 | €29,090 | €29,006 | -€84 | -0.3% |
| Other amounts payable | 47/48 | €955,149 | €997,993 | +€42,843 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,766 | €83,344 | -€2,423 | -2.8% |
| Other operating charges | 640/8 | €22,355 | €22,794 | +€439 | +2.0% |
| Gross operating margin | 9900 | €257,231 | €325,949 | +€68,718 | +26.7% |
| Operating profit (loss) | 9901 | €149,109 | €219,812 | +€70,702 | +47.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €87,158 | €69,234 | -€17,924 | -20.6% |
| Recurring financial charges | 65 | €87,158 | €69,234 | -€17,924 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €61,952 | €150,581 | +€88,629 | +143.1% |
| Transfer from deferred taxes | 780 | €1,133 | €1,133 | = | 0.0% |
| Income taxes | 67/77 | €29,090 | €29,006 | -€84 | -0.3% |
| Profit (loss) for the period | 9904 | €33,994 | €122,707 | +€88,713 | +261.0% |
| Transfer from tax-exempt reserves | 789 | €3,398 | €3,398 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,392 | €126,105 | +€88,713 | +237.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.