PROLAND: 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.
PROLAND
Largest movements
- Stocks and contracts +€7.2m
up €7.2m (+146.7%), from €4.9m to €12.2m
- Receivables within one year -€2.1m
down €2.1m (-25.1%), from €8.2m to €6.1m
of which Other amounts receivable: -€2.2m
- Cash +€1.1m
up €1.1m (+589.5%), from €188,487 to €1.3m
mainly Short-term financial debts (+€2.9m) and Advances received (+€2.9m)
- Short-term financial debts +€2.9m
new in 2025: €2.9m
- Advances received +€2.9m
up €2.9m (+4134.6%), from €70,940 to €3.0m
- Trade debts +€751,357
up €751,357 (+178.3%), from €421,333 to €1.2m
- Profit (loss) carried forward -€313,592
down €313,592 (-27.4%), from €1.1m to €828,832
- Financial income -€160,719
down €160,719 (-36.5%), from €439,952 to €279,233
- Gross operating margin -€67,887
down €67,887 (-51.4%), from -€132,160 to -€200,047
- Staff costs -€52,226
down €52,226 (-12.9%), from €403,369 to €351,143
- Other operating charges -€2,494
down €2,494 (-45.8%), from €5,451 to €2,957
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 | €13,464,609 | €19,739,568 | +€6.3m | +46.6% |
| Fixed assets | 21/28 | €155,764 | €125,992 | -€29,773 | -19.1% |
| Tangible fixed assets | 22/27 | €142,497 | €112,725 | -€29,773 | -20.9% |
| Furniture and vehicles | 24 | €142,497 | €112,725 | -€29,773 | -20.9% |
| Financial fixed assets | 28 | €13,267 | €13,267 | = | 0.0% |
| Current assets | 29/58 | €13,308,845 | €19,613,577 | +€6.3m | +47.4% |
| Stocks and contracts in progress | 3 | €4,937,710 | €12,183,367 | +€7.2m | +146.7% |
| Stocks | 30/36 | €4,937,710 | €12,183,367 | +€7.2m | +146.7% |
| Amounts receivable within one year | 40/41 | €8,182,105 | €6,129,415 | -€2.1m | -25.1% |
| Trade receivables | 40 | €95,210 | €230,530 | +€135,320 | +142.1% |
| Other amounts receivable | 41 | €8,086,895 | €5,898,884 | -€2.2m | -27.1% |
| Cash at bank and in hand | 54/58 | €188,487 | €1,299,691 | +€1.1m | +589.5% |
| Deferred charges and accrued income | 490/1 | €544 | €1,103 | +€559 | +102.8% |
| Total equity and liabilities | 10/49 | €13,464,609 | €19,739,568 | +€6.3m | +46.6% |
| Equity | 10/15 | €12,615,084 | €12,301,492 | -€313,592 | -2.5% |
| Contributions | 10/11 | €8,198,270 | €8,198,270 | = | 0.0% |
| Capital | 10 | €8,198,270 | €8,198,270 | = | 0.0% |
| Issued capital | 100 | €8,198,270 | €8,198,270 | = | 0.0% |
| Reserves | 13 | €2,642,846 | €2,642,846 | = | 0.0% |
| Non-distributable reserves | 130/1 | €405,234 | €405,234 | = | 0.0% |
| Legal reserve | 130 | €405,234 | €405,234 | = | 0.0% |
| Distributable reserves | 133 | €2,237,613 | €2,237,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,142,424 | €828,832 | -€313,592 | -27.4% |
| Investment grants | 15 | €631,544 | €631,544 | = | 0.0% |
| Provisions and deferred taxes | 16 | €215,962 | €215,962 | = | 0.0% |
| Deferred taxes | 168 | €215,962 | €215,962 | = | 0.0% |
| Amounts payable | 17/49 | €633,562 | €7,222,114 | +€6.6m | +1039.9% |
| Amounts payable after more than one year | 17 | €31,693 | €3,478 | -€28,215 | -89.0% |
| Financial debts | 170/4 | €31,693 | €3,478 | -€28,215 | -89.0% |
| Amounts payable within one year | 42/48 | €601,869 | €7,218,636 | +€6.6m | +1099.4% |
| Current portion of amounts payable after more than one year | 42 | €30,135 | €29,744 | -€390 | -1.3% |
| Financial debts | 43 | - | €2,940,000 | +€2.9m | |
| Credit institutions | 430/8 | - | €2,940,000 | +€2.9m | |
| Trade debts | 44 | €421,333 | €1,172,690 | +€751,357 | +178.3% |
| Suppliers | 440/4 | €421,333 | €1,172,690 | +€751,357 | +178.3% |
| Advances received on contracts in progress | 46 | €70,940 | €3,003,993 | +€2.9m | +4134.6% |
| Taxes, remuneration and social security | 45 | €78,277 | €68,984 | -€9,293 | -11.9% |
| Taxes | 450/3 | €17,314 | €31,861 | +€14,546 | +84.0% |
| Remuneration and social security | 454/9 | €60,963 | €37,124 | -€23,839 | -39.1% |
| Other amounts payable | 47/48 | €1,185 | €3,224 | +€2,039 | +172.1% |
| Remuneration, social security and pensions | 62 | €403,369 | €351,143 | -€52,226 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,445 | €29,773 | -€673 | -2.2% |
| Other operating charges | 640/8 | €5,451 | €2,957 | -€2,494 | -45.8% |
| Gross operating margin | 9900 | -€132,160 | -€200,047 | -€67,887 | -51.4% |
| Operating profit (loss) | 9901 | -€571,425 | -€583,919 | -€12,494 | -2.2% |
| Financial income | 75/76B | €439,952 | €279,233 | -€160,719 | -36.5% |
| Recurring financial income | 75 | €439,952 | €279,233 | -€160,719 | -36.5% |
| Financial charges | 65/66B | €7,815 | €8,204 | +€389 | +5.0% |
| Recurring financial charges | 65 | €7,815 | €8,204 | +€389 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€139,289 | -€312,891 | -€173,602 | -124.6% |
| Income taxes | 67/77 | €701 | €701 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€139,990 | -€313,592 | -€173,602 | -124.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€139,990 | -€313,592 | -€173,602 | -124.0% |
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.