PROLOOG: 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.
PROLOOG
Largest movements
- Receivables within one year -€152,222
down €152,222 (-30.8%), from €493,539 to €341,317
- Tangible fixed assets -€133,434
down €133,434 (-4.0%), from €3.3m to €3.2m
of which Land and buildings: -€123,326
- Stocks and contracts -€65,801
down €65,801 (-30.9%), from €212,991 to €147,190
- Debts after one year -€371,253
down €371,253 (-15.4%), from €2.4m to €2.0m
- Other debts +€188,930
up €188,930 (+740.5%), from €25,514 to €214,444
- Reserves -€148,342
down €148,342 (-20.3%), from €729,829 to €581,487
- Short-term financial debts -€125,000
down €125,000 (-16.7%), from €747,338 to €622,338
- Tax, wage and social debts +€108,886
up €108,886 (+1108.1%), from €9,826 to €118,712
- Purchases and services +€189,493
new in 2025: €189,493
- Depreciation -€129,122
down €129,122 (-49.2%), from €262,556 to €133,434
- Gross operating margin +€90,522
up €90,522 (+23.8%), from €379,716 to €470,238
- Taxes +€58,486
up €58,486 (+595.2%), from €9,826 to €68,312
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 | €4,006,743 | €3,658,860 | -€347,883 | -8.7% |
| Fixed assets | 21/28 | €3,299,798 | €3,166,364 | -€133,434 | -4.0% |
| Tangible fixed assets | 22/27 | €3,299,798 | €3,166,364 | -€133,434 | -4.0% |
| Land and buildings | 22 | €3,284,636 | €3,161,310 | -€123,326 | -3.8% |
| Plant, machinery and equipment | 23 | €15,162 | €5,054 | -€10,108 | -66.7% |
| Current assets | 29/58 | €706,945 | €492,496 | -€214,449 | -30.3% |
| Stocks and contracts in progress | 3 | €212,991 | €147,190 | -€65,801 | -30.9% |
| Stocks | 30/36 | €212,991 | €147,190 | -€65,801 | -30.9% |
| Amounts receivable within one year | 40/41 | €493,539 | €341,317 | -€152,222 | -30.8% |
| Other amounts receivable | 41 | €493,539 | €341,317 | -€152,222 | -30.8% |
| Cash at bank and in hand | 54/58 | €415 | €3,989 | +€3,574 | +861.2% |
| Total equity and liabilities | 10/49 | €4,006,743 | €3,658,860 | -€347,883 | -8.7% |
| Equity | 10/15 | €750,289 | €601,947 | -€148,342 | -19.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Share premium | 1100/10 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €729,829 | €581,487 | -€148,342 | -20.3% |
| Distributable reserves | 133 | €729,829 | €581,487 | -€148,342 | -20.3% |
| Amounts payable | 17/49 | €3,256,454 | €3,056,913 | -€199,541 | -6.1% |
| Amounts payable after more than one year | 17 | €2,413,145 | €2,041,892 | -€371,253 | -15.4% |
| Financial debts | 170/4 | €2,413,145 | €2,041,892 | -€371,253 | -15.4% |
| Amounts payable within one year | 42/48 | €843,309 | €1,015,021 | +€171,712 | +20.4% |
| Financial debts | 43 | €747,338 | €622,338 | -€125,000 | -16.7% |
| Credit institutions | 430/8 | €747,338 | €622,338 | -€125,000 | -16.7% |
| Trade debts | 44 | €60,631 | €59,527 | -€1,104 | -1.8% |
| Suppliers | 440/4 | €60,631 | €59,527 | -€1,104 | -1.8% |
| Taxes, remuneration and social security | 45 | €9,826 | €118,712 | +€108,886 | +1108.1% |
| Taxes | 450/3 | €9,826 | €118,712 | +€108,886 | +1108.1% |
| Other amounts payable | 47/48 | €25,514 | €214,444 | +€188,930 | +740.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €189,493 | +€189,493 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,556 | €133,434 | -€129,122 | -49.2% |
| Other operating charges | 640/8 | €1,244 | €5,257 | +€4,013 | +322.6% |
| Gross operating margin | 9900 | €379,716 | €470,238 | +€90,522 | +23.8% |
| Operating profit (loss) | 9901 | €115,916 | €331,547 | +€215,631 | +186.0% |
| Financial charges | 65/66B | €79,096 | €75,577 | -€3,519 | -4.4% |
| Recurring financial charges | 65 | €79,096 | €75,577 | -€3,519 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €36,820 | €255,970 | +€219,150 | +595.2% |
| Income taxes | 67/77 | €9,826 | €68,312 | +€58,486 | +595.2% |
| Profit (loss) for the period | 9904 | €26,994 | €187,658 | +€160,664 | +595.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,994 | €187,658 | +€160,664 | +595.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.