PROlectro: 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.
PROlectro
Largest movements
- Financial fixed assets -€221,493
down €221,493 (-98.9%), from €224,023 to €2,530
- Intangible fixed assets -€114,238
down €114,238 (-11.0%), from €1.0m to €919,738
- Tangible fixed assets -€103,900
down €103,900 (-18.9%), from €550,659 to €446,759
of which Furniture and vehicles: -€59,760
- Cash +€50,512
up €50,512 (+11.9%), from €424,474 to €474,986
mainly Depreciation (+€241,826) and Net result for the year (+€240,177)
- Current portion of long-term debt -€407,115
down €407,115 (-52.7%), from €772,310 to €365,194
- Profit (loss) carried forward +€182,774
new in 2026: €182,774
- Debts after one year -€165,194
down €165,194 (-8.3%), from €2.0m to €1.8m
of which Financial debts: -€365,194
- Other debts +€63,846
up €63,846 (+178.7%), from €35,725 to €99,571
- Trade debts -€46,919
down €46,919 (-13.1%), from €356,850 to €309,931
- Gross operating margin +€510,300
up €510,300 (+26.6%), from €1.9m to €2.4m
- Taxes +€129,443
up €129,443 (+18190.4%), from €712 to €130,155
- Staff costs -€117,277
down €117,277 (-6.8%), from €1.7m to €1.6m
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,533,786 | €4,188,670 | -€345,116 | -7.6% |
| Fixed assets | 21/28 | €1,808,659 | €1,369,027 | -€439,632 | -24.3% |
| Intangible fixed assets | 21 | €1,033,976 | €919,738 | -€114,238 | -11.0% |
| Tangible fixed assets | 22/27 | €550,659 | €446,759 | -€103,900 | -18.9% |
| Plant, machinery and equipment | 23 | €20,983 | €22,509 | +€1,526 | +7.3% |
| Furniture and vehicles | 24 | €178,207 | €118,447 | -€59,760 | -33.5% |
| Other tangible fixed assets | 26 | €351,469 | €305,802 | -€45,667 | -13.0% |
| Financial fixed assets | 28 | €224,023 | €2,530 | -€221,493 | -98.9% |
| Current assets | 29/58 | €2,725,127 | €2,819,643 | +€94,516 | +3.5% |
| Stocks and contracts in progress | 3 | €1,695,316 | €1,717,936 | +€22,619 | +1.3% |
| Stocks | 30/36 | €1,695,316 | €1,717,936 | +€22,619 | +1.3% |
| Amounts receivable within one year | 40/41 | €603,213 | €623,205 | +€19,992 | +3.3% |
| Trade receivables | 40 | €362,582 | €524,357 | +€161,775 | +44.6% |
| Other amounts receivable | 41 | €240,631 | €98,848 | -€141,783 | -58.9% |
| Current investments | 50/53 | €1,620 | €1,620 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €424,474 | €474,986 | +€50,512 | +11.9% |
| Deferred charges and accrued income | 490/1 | €504 | €1,897 | +€1,393 | +276.1% |
| Total equity and liabilities | 10/49 | €4,533,786 | €4,188,670 | -€345,116 | -7.6% |
| Equity | 10/15 | €1,122,452 | €1,290,666 | +€168,213 | +15.0% |
| Contributions | 10/11 | €11,601 | €11,601 | = | 0.0% |
| Reserves | 13 | €1,110,851 | €1,096,291 | -€14,560 | -1.3% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €1,047,701 | €1,033,141 | -€14,560 | -1.4% |
| Profit (loss) carried forward | 14 | - | €182,774 | +€182,774 | |
| Amounts payable | 17/49 | €3,411,334 | €2,898,005 | -€513,329 | -15.0% |
| Amounts payable after more than one year | 17 | €1,979,591 | €1,814,397 | -€165,194 | -8.3% |
| Financial debts | 170/4 | €1,179,591 | €814,397 | -€365,194 | -31.0% |
| Other amounts payable | 178/9 | €800,000 | €1,000,000 | +€200,000 | +25.0% |
| Amounts payable within one year | 42/48 | €1,427,553 | €1,083,608 | -€343,945 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €772,310 | €365,194 | -€407,115 | -52.7% |
| Financial debts | 43 | €14,746 | €58,650 | +€43,904 | +297.7% |
| Credit institutions | 430/8 | €14,746 | €58,650 | +€43,904 | +297.7% |
| Trade debts | 44 | €356,850 | €309,931 | -€46,919 | -13.1% |
| Suppliers | 440/4 | €356,850 | €309,931 | -€46,919 | -13.1% |
| Taxes, remuneration and social security | 45 | €247,922 | €250,261 | +€2,339 | +0.9% |
| Taxes | 450/3 | €7,579 | €36,358 | +€28,779 | +379.7% |
| Remuneration and social security | 454/9 | €240,343 | €213,903 | -€26,440 | -11.0% |
| Other amounts payable | 47/48 | €35,725 | €99,571 | +€63,846 | +178.7% |
| Accrued charges and deferred income | 492/3 | €4,190 | €0 | -€4,190 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,727,589 | €1,610,312 | -€117,277 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,901 | €241,826 | +€10,925 | +4.7% |
| Other operating charges | 640/8 | €15,304 | €9,216 | -€6,088 | -39.8% |
| Non-recurring operating charges | 66A | - | €102,425 | +€102,425 | |
| Gross operating margin | 9900 | €1,915,730 | €2,426,030 | +€510,300 | +26.6% |
| Operating profit (loss) | 9901 | -€58,064 | €462,251 | +€520,315 | |
| Financial income | 75/76B | €16,316 | €25,772 | +€9,456 | +58.0% |
| Recurring financial income | 75 | €16,316 | €25,772 | +€9,456 | +58.0% |
| Financial charges | 65/66B | €120,580 | €117,691 | -€2,889 | -2.4% |
| Recurring financial charges | 65 | €120,580 | €117,691 | -€2,889 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€162,328 | €370,331 | +€532,659 | |
| Income taxes | 67/77 | €712 | €130,155 | +€129,443 | +18190.4% |
| Profit (loss) for the period | 9904 | -€163,040 | €240,177 | +€403,216 | |
| Transfer from tax-exempt reserves | 789 | €91,904 | €0 | -€91,904 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,136 | €240,177 | +€311,312 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.