PROLEAD: 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.
PROLEAD
Largest movements
- Financial fixed assets -€109,571
down €109,571 (-99.6%), from €110,000 to €429
- Cash +€44,880
up €44,880 (+721%), from €6,226 to €51,106
mainly Investment in fixed assets (net) (+€100,854) and Depreciation (+€15,874)
- Receivables within one year +€20,296
up €20,296 (+56.8%), from €35,736 to €56,032
of which Other amounts receivable: +€26,866
- Tangible fixed assets -€7,157
down €7,157 (-4.3%), from €165,867 to €158,710
of which Land and buildings: -€10,118
- Profit (loss) carried forward -€54,837
down €54,837, from €0 to -€54,837
- Reserves -€13,778
down €13,778 (-4.7%), from €290,761 to €276,983
- Debts after one year -€12,878
down €12,878 (-18.6%), from €69,142 to €56,264
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts +€11,504
up €11,504 (+136%), from €8,476 to €19,980
- Financial charges +€117,165
up €117,165 (+6,074%), from €1,929 to €119,094
- Financial income +€2,344
up €2,344 (+49.3%), from €4,755 to €7,098
- Depreciation -€1,625
down €1,625 (-9.3%), from €17,499 to €15,874
- Taxes -€1,166
down €1,166 (-5.0%), from €23,130 to €21,964
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 | €391,569 | €339,456 | -€52,113 | -13.3% |
| Fixed assets | 21/28 | €275,867 | €159,139 | -€116,728 | -42.3% |
| Tangible fixed assets | 22/27 | €165,867 | €158,710 | -€7,157 | -4.3% |
| Land and buildings | 22 | €134,099 | €123,981 | -€10,118 | -7.5% |
| Plant, machinery and equipment | 23 | €120 | €1,316 | +€1,196 | +999% |
| Furniture and vehicles | 24 | €13,023 | €16,402 | +€3,378 | +25.9% |
| Other tangible fixed assets | 26 | €18,625 | €17,012 | -€1,613 | -8.7% |
| Financial fixed assets | 28 | €110,000 | €429 | -€109,571 | -99.6% |
| Current assets | 29/58 | €115,702 | €180,317 | +€64,616 | +55.8% |
| Amounts receivable within one year | 40/41 | €35,736 | €56,032 | +€20,296 | +56.8% |
| Trade receivables | 40 | €26,923 | €20,352 | -€6,571 | -24.4% |
| Other amounts receivable | 41 | €8,814 | €35,680 | +€26,866 | +305% |
| Current investments | 50/53 | €70,736 | €70,736 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,226 | €51,106 | +€44,880 | +721% |
| Deferred charges and accrued income | 490/1 | €3,003 | €2,443 | -€560 | -18.7% |
| Total equity and liabilities | 10/49 | €391,569 | €339,456 | -€52,113 | -13.3% |
| Equity | 10/15 | €296,961 | €240,746 | -€56,215 | -18.9% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €290,761 | €276,983 | -€13,778 | -4.7% |
| Distributable reserves | 133 | €290,761 | €276,983 | -€13,778 | -4.7% |
| Profit (loss) carried forward | 14 | €0 | -€54,837 | -€54,837 | |
| Amounts payable | 17/49 | €94,608 | €98,711 | +€4,103 | +4.3% |
| Amounts payable after more than one year | 17 | €69,142 | €56,264 | -€12,878 | -18.6% |
| Financial debts | 170/4 | €69,142 | €56,264 | -€12,878 | -18.6% |
| Amounts payable within one year | 42/48 | €25,126 | €42,447 | +€17,321 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | €12,743 | €12,878 | +€134 | +1.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,906 | €9,588 | +€5,682 | +145% |
| Suppliers | 440/4 | €3,906 | €9,588 | +€5,682 | +145% |
| Taxes, remuneration and social security | 45 | €8,476 | €19,980 | +€11,504 | +136% |
| Taxes | 450/3 | €8,476 | €19,980 | +€11,504 | +136% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €340 | €0 | -€340 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,499 | €15,874 | -€1,625 | -9.3% |
| Other operating charges | 640/8 | €4,505 | €4,638 | +€134 | +3.0% |
| Gross operating margin | 9900 | €100,349 | €99,635 | -€714 | -0.7% |
| Operating profit (loss) | 9901 | €78,345 | €79,123 | +€777 | +1.0% |
| Financial income | 75/76B | €4,755 | €7,098 | +€2,344 | +49.3% |
| Recurring financial income | 75 | €4,755 | €7,098 | +€2,344 | +49.3% |
| Financial charges | 65/66B | €1,929 | €119,094 | +€117,165 | +6,074% |
| Recurring financial charges | 65 | €1,929 | €119,094 | +€117,165 | +6,074% |
| Profit (loss) for the period before taxes | 9903 | €81,171 | -€32,873 | -€114,044 | |
| Income taxes | 67/77 | €23,130 | €21,964 | -€1,166 | -5.0% |
| Profit (loss) for the period | 9904 | €58,041 | -€54,837 | -€112,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,041 | -€54,837 | -€112,878 |
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 19 October 2026 via checked.be.