PROBOVAST: 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.
PROBOVAST
Largest movements
- Tangible fixed assets -€245,309
down €245,309 (-23.9%), from €1.0m to €779,208
- Receivables within one year +€118,246
up €118,246 (+10.0%), from €1.2m to €1.3m
of which Other amounts receivable: +€60,019
- Profit (loss) carried forward +€721,314
up €721,314, from -€297,340 to €423,975
- Reserves -€386,216
down €386,216 (-40.1%), from €963,130 to €576,914
of which Tax-exempt reserves: -€386,216
- Other debts -€283,980
down €283,980 (-25.9%), from €1.1m to €811,972
- Provisions -€128,739
down €128,739 (-40.4%), from €318,993 to €190,255
- Debts after one year -€53,206
down €53,206 (-100.0%), from €53,206 to €0
- Gross operating margin +€139,021
up €139,021 (+65.7%), from €211,486 to €350,508
- Taxes +€116,418
new in 2025: €116,418
- Financial charges -€12,946
down €12,946 (-23.5%), from €55,114 to €42,168
- Depreciation -€11,556
down €11,556 (-28.2%), from €40,996 to €29,440
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 | €2,213,606 | €2,085,837 | -€127,768 | -5.8% |
| Fixed assets | 21/28 | €1,024,917 | €779,608 | -€245,309 | -23.9% |
| Tangible fixed assets | 22/27 | €1,024,517 | €779,208 | -€245,309 | -23.9% |
| Land and buildings | 22 | €1,024,517 | €779,208 | -€245,309 | -23.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €1,188,689 | €1,306,230 | +€117,541 | +9.9% |
| Amounts receivable within one year | 40/41 | €1,180,358 | €1,298,604 | +€118,246 | +10.0% |
| Trade receivables | 40 | €6,433 | €64,659 | +€58,227 | +905.2% |
| Other amounts receivable | 41 | €1,173,925 | €1,233,944 | +€60,019 | +5.1% |
| Cash at bank and in hand | 54/58 | €6,472 | €6,178 | -€294 | -4.5% |
| Deferred charges and accrued income | 490/1 | €1,859 | €1,448 | -€411 | -22.1% |
| Total equity and liabilities | 10/49 | €2,213,606 | €2,085,837 | -€127,768 | -5.8% |
| Equity | 10/15 | €727,290 | €1,062,389 | +€335,099 | +46.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €963,130 | €576,914 | -€386,216 | -40.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €956,980 | €570,764 | -€386,216 | -40.4% |
| Profit (loss) carried forward | 14 | -€297,340 | €423,975 | +€721,314 | |
| Provisions and deferred taxes | 16 | €318,993 | €190,255 | -€128,739 | -40.4% |
| Deferred taxes | 168 | €318,993 | €190,255 | -€128,739 | -40.4% |
| Amounts payable | 17/49 | €1,167,322 | €833,194 | -€334,128 | -28.6% |
| Amounts payable after more than one year | 17 | €53,206 | €0 | -€53,206 | -100.0% |
| Financial debts | 170/4 | €53,206 | €0 | -€53,206 | -100.0% |
| Amounts payable within one year | 42/48 | €1,113,942 | €833,194 | -€280,748 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €16,730 | €0 | -€16,730 | -100.0% |
| Trade debts | 44 | €1,260 | €17,804 | +€16,544 | +1312.7% |
| Suppliers | 440/4 | €1,260 | €17,804 | +€16,544 | +1312.7% |
| Taxes, remuneration and social security | 45 | - | €3,418 | +€3,418 | |
| Taxes | 450/3 | - | €3,418 | +€3,418 | |
| Other amounts payable | 47/48 | €1,095,951 | €811,972 | -€283,980 | -25.9% |
| Accrued charges and deferred income | 492/3 | €175 | €0 | -€175 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,996 | €29,440 | -€11,556 | -28.2% |
| Other operating charges | 640/8 | €9,585 | €9,515 | -€69 | -0.7% |
| Gross operating margin | 9900 | €211,486 | €350,508 | +€139,021 | +65.7% |
| Operating profit (loss) | 9901 | €160,905 | €311,552 | +€150,647 | +93.6% |
| Financial income | 75/76B | €51,585 | €53,394 | +€1,809 | +3.5% |
| Recurring financial income | 75 | €51,585 | €53,394 | +€1,809 | +3.5% |
| Financial charges | 65/66B | €55,114 | €42,168 | -€12,946 | -23.5% |
| Recurring financial charges | 65 | €55,114 | €42,168 | -€12,946 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €157,376 | €322,778 | +€165,402 | +105.1% |
| Transfer from deferred taxes | 780 | €9,322 | €210,607 | +€201,285 | +2159.2% |
| Transfer to deferred taxes | 680 | €38,226 | €81,869 | +€43,643 | +114.2% |
| Income taxes | 67/77 | - | €116,418 | +€116,418 | |
| Profit (loss) for the period | 9904 | €128,472 | €335,099 | +€206,626 | +160.8% |
| Transfer from tax-exempt reserves | 789 | €27,967 | €631,822 | +€603,855 | +2159.2% |
| Transfer to tax-exempt reserves | 689 | €114,678 | €245,606 | +€130,928 | +114.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,761 | €721,314 | +€679,553 | +1627.2% |
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 6 October 2026 via checked.be.