PROBST FRERES: what changed
Two financial 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.
PROBST FRERES
Largest movements
- Receivables after one year -€1,183
no longer reported in 2025 (was €1,183)
- Receivables within one year +€466
new in 2025: €466
- Deferred charges and accrued income +€46
up €46 (+5.2%), from €877 to €923
- Other debts +€24,582
up €24,582 (+41.4%), from €59,417 to €83,999
- Current portion of long-term debt -€12,614
no longer reported in 2025 (was €12,614)
- Profit (loss) carried forward -€9,177
down €9,177 (-4.3%), from -€212,175 to -€221,352
- Provisions -€2,769
down €2,769 (-53.6%), from €5,169 to €2,401
- Accrued charges and deferred income -€637
down €637 (-2.8%), from €23,137 to €22,500
- Gross operating margin +€9,037
up €9,037 (+44.9%), from -€20,145 to -€11,108
- Provisions -€7,938
down €7,938, from €5,169 to -€2,769
- Depreciation -€6,266
no longer reported in 2025 (was €6,266)
- Financial charges -€725
down €725 (-70.1%), from €1,035 to €310
- Other operating charges -€392
down €392 (-42.6%), from €920 to €528
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.
Derived cash bridge
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 | €3,737 | €3,077 | -€660 | -17.7% |
| Fixed assets | 21/28 | €135 | €135 | = | 0.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €3,602 | €2,942 | -€660 | -18.3% |
| Amounts receivable after more than one year | 29 | €1,183 | - | -€1,183 | |
| Other amounts receivable | 291 | €1,183 | - | -€1,183 | |
| Amounts receivable within one year | 40/41 | - | €466 | +€466 | |
| Other amounts receivable | 41 | - | €466 | +€466 | |
| Cash at bank and in hand | 54/58 | €1,542 | €1,553 | +€11 | +0.7% |
| Deferred charges and accrued income | 490/1 | €877 | €923 | +€46 | +5.2% |
| Total equity and liabilities | 10/49 | €3,737 | €3,077 | -€660 | -17.7% |
| Equity | 10/15 | -€103,483 | -€112,660 | -€9,177 | -8.9% |
| Contributions | 10/11 | €107,850 | €107,850 | = | 0.0% |
| Capital | 10 | €107,850 | €107,850 | = | 0.0% |
| Issued capital | 100 | €107,850 | €107,850 | = | 0.0% |
| Reserves | 13 | €842 | €842 | = | 0.0% |
| Non-distributable reserves | 130/1 | €842 | €842 | = | 0.0% |
| Legal reserve | 130 | €842 | €842 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,175 | -€221,352 | -€9,177 | -4.3% |
| Provisions and deferred taxes | 16 | €5,169 | €2,401 | -€2,769 | -53.6% |
| Provisions for liabilities and charges | 160/5 | €5,169 | €2,401 | -€2,769 | -53.6% |
| Other liabilities and charges | 164/5 | €5,169 | €2,401 | -€2,769 | -53.6% |
| Amounts payable | 17/49 | €102,051 | €113,337 | +€11,286 | +11.1% |
| Amounts payable within one year | 42/48 | €78,914 | €90,837 | +€11,923 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €12,614 | - | -€12,614 | |
| Trade debts | 44 | €6,882 | €6,837 | -€45 | -0.7% |
| Suppliers | 440/4 | €6,882 | €6,837 | -€45 | -0.7% |
| Other amounts payable | 47/48 | €59,417 | €83,999 | +€24,582 | +41.4% |
| Accrued charges and deferred income | 492/3 | €23,137 | €22,500 | -€637 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,266 | - | -€6,266 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,169 | -€2,769 | -€7,938 | |
| Other operating charges | 640/8 | €920 | €528 | -€392 | -42.6% |
| Gross operating margin | 9900 | -€20,145 | -€11,108 | +€9,037 | +44.9% |
| Operating profit (loss) | 9901 | -€32,501 | -€8,868 | +€23,634 | +72.7% |
| Financial charges | 65/66B | €1,035 | €310 | -€725 | -70.1% |
| Recurring financial charges | 65 | €1,035 | €310 | -€725 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,536 | -€9,177 | +€24,359 | +72.6% |
| Profit (loss) for the period | 9904 | -€33,536 | -€9,177 | +€24,359 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,536 | -€9,177 | +€24,359 | +72.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.