PROBUS: 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.
PROBUS
Largest movements
- Receivables within one year -€966,081
down €966,081 (-61.8%), from €1.6m to €596,952
of which Other amounts receivable: -€1.0m
- Stocks and contracts +€79,817
up €79,817 (+140.1%), from €56,976 to €136,792
- Deferred charges and accrued income -€24,641
down €24,641 (-92.8%), from €26,544 to €1,903
- Short-term financial debts -€1.1m
down €1.1m (-78.2%), from €1.4m to €300,000
- Other debts +€131,005
up €131,005 (+596.2%), from €21,974 to €152,979
- Trade debts +€24,171
up €24,171 (+2498.0%), from €968 to €25,139
- Debts after one year -€23,201
down €23,201 (-7.4%), from €312,283 to €289,083
- Financial charges -€31,927
down €31,927 (-71.8%), from €44,455 to €12,528
- Financial income -€25,539
down €25,539 (-99.4%), from €25,689 to €150
- Gross operating margin -€11,800
down €11,800 (-16.9%), from €69,765 to €57,965
- Depreciation +€4,074
up €4,074 (+23.8%), from €17,131 to €21,205
- Taxes +€3,794
up €3,794 (+81.7%), from €4,642 to €8,436
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 | €2,269,133 | €1,345,656 | -€923,476 | -40.7% |
| Fixed assets | 21/28 | €605,977 | €594,320 | -€11,657 | -1.9% |
| Tangible fixed assets | 22/27 | €603,977 | €592,320 | -€11,657 | -1.9% |
| Land and buildings | 22 | €598,311 | €578,437 | -€19,874 | -3.3% |
| Plant, machinery and equipment | 23 | €4,241 | €3,736 | -€505 | -11.9% |
| Furniture and vehicles | 24 | €1,426 | €10,148 | +€8,721 | +611.5% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €1,663,155 | €751,336 | -€911,819 | -54.8% |
| Stocks and contracts in progress | 3 | €56,976 | €136,792 | +€79,817 | +140.1% |
| Stocks | 30/36 | €56,976 | €136,792 | +€79,817 | +140.1% |
| Amounts receivable within one year | 40/41 | €1,563,033 | €596,952 | -€966,081 | -61.8% |
| Trade receivables | 40 | - | €36,501 | +€36,501 | |
| Other amounts receivable | 41 | €1,563,033 | €560,451 | -€1.0m | -64.1% |
| Cash at bank and in hand | 54/58 | €16,603 | €15,689 | -€914 | -5.5% |
| Deferred charges and accrued income | 490/1 | €26,544 | €1,903 | -€24,641 | -92.8% |
| Total equity and liabilities | 10/49 | €2,269,133 | €1,345,656 | -€923,476 | -40.7% |
| Equity | 10/15 | €525,744 | €536,890 | +€11,147 | +2.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €507,194 | €518,340 | +€11,147 | +2.2% |
| Tax-exempt reserves | 132 | €21,714 | €20,943 | -€770 | -3.5% |
| Distributable reserves | 133 | €485,480 | €497,397 | +€11,917 | +2.5% |
| Provisions and deferred taxes | 16 | €7,238 | €6,981 | -€257 | -3.5% |
| Deferred taxes | 168 | €7,238 | €6,981 | -€257 | -3.5% |
| Amounts payable | 17/49 | €1,736,151 | €801,785 | -€934,366 | -53.8% |
| Amounts payable after more than one year | 17 | €312,283 | €289,083 | -€23,201 | -7.4% |
| Financial debts | 170/4 | €312,283 | €289,083 | -€23,201 | -7.4% |
| Amounts payable within one year | 42/48 | €1,421,812 | €510,561 | -€911,251 | -64.1% |
| Current portion of amounts payable after more than one year | 42 | €22,746 | €23,201 | +€455 | +2.0% |
| Financial debts | 43 | €1,375,000 | €300,000 | -€1.1m | -78.2% |
| Credit institutions | 430/8 | €1,375,000 | €300,000 | -€1.1m | -78.2% |
| Trade debts | 44 | €968 | €25,139 | +€24,171 | +2498.0% |
| Suppliers | 440/4 | €968 | €25,139 | +€24,171 | +2498.0% |
| Taxes, remuneration and social security | 45 | €1,124 | €9,243 | +€8,118 | +722.0% |
| Taxes | 450/3 | €1,124 | €9,243 | +€8,118 | +722.0% |
| Other amounts payable | 47/48 | €21,974 | €152,979 | +€131,005 | +596.2% |
| Accrued charges and deferred income | 492/3 | €2,056 | €2,141 | +€86 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,131 | €21,205 | +€4,074 | +23.8% |
| Other operating charges | 640/8 | €5,306 | €5,056 | -€250 | -4.7% |
| Gross operating margin | 9900 | €69,765 | €57,965 | -€11,800 | -16.9% |
| Operating profit (loss) | 9901 | €47,328 | €31,704 | -€15,624 | -33.0% |
| Financial income | 75/76B | €25,689 | €150 | -€25,539 | -99.4% |
| Recurring financial income | 75 | €25,689 | €150 | -€25,539 | -99.4% |
| Financial charges | 65/66B | €44,455 | €12,528 | -€31,927 | -71.8% |
| Recurring financial charges | 65 | €44,455 | €12,528 | -€31,927 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €28,562 | €19,326 | -€9,236 | -32.3% |
| Transfer from deferred taxes | 780 | €257 | €257 | = | 0.0% |
| Income taxes | 67/77 | €4,642 | €8,436 | +€3,794 | +81.7% |
| Profit (loss) for the period | 9904 | €24,176 | €11,147 | -€13,030 | -53.9% |
| Transfer from tax-exempt reserves | 789 | €770 | €770 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,947 | €11,917 | -€13,030 | -52.2% |
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 8 October 2026 via checked.be.