PROMA: 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.
PROMA
Largest movements
- Cash -€1.6m
down €1.6m (-65.7%), from €2.4m to €839,668
mainly Current investments (-€1.5m) and Net result for the year (-€422,413)
- Current investments +€1.5m
new in 2025: €1.5m
- Financial fixed assets -€484,000
down €484,000 (-16.0%), from €3.0m to €2.5m
- Tangible fixed assets -€182,434
down €182,434 (-19.2%), from €951,067 to €768,633
- Profit (loss) carried forward -€422,413
down €422,413 (-67.9%), from €621,845 to €199,433
- Debts after one year -€181,194
down €181,194 (-3.7%), from €4.9m to €4.8m
of which Financial debts: -€181,194
- Trade debts -€153,470
down €153,470 (-85.0%), from €180,653 to €27,183
- Financial charges +€450,234
up €450,234 (+352.6%), from €127,676 to €577,910
of which Non-recurring financial charges: +€484,000
- Financial income +€27,403
up €27,403 (+2068.7%), from €1,325 to €28,728
- Taxes +€14,613
up €14,613 (+210.5%), from €6,943 to €21,556
- Staff costs +€13,001
new in 2025: €13,001
- Gross operating margin +€10,501
up €10,501 (+3.1%), from €341,414 to €351,916
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 | €6,744,597 | €5,980,664 | -€763,933 | -11.3% |
| Fixed assets | 21/28 | €3,972,861 | €3,306,427 | -€666,434 | -16.8% |
| Tangible fixed assets | 22/27 | €951,067 | €768,633 | -€182,434 | -19.2% |
| Plant, machinery and equipment | 23 | €951,067 | €768,633 | -€182,434 | -19.2% |
| Financial fixed assets | 28 | €3,021,794 | €2,537,794 | -€484,000 | -16.0% |
| Current assets | 29/58 | €2,771,736 | €2,674,236 | -€97,500 | -3.5% |
| Amounts receivable after more than one year | 29 | €219,514 | €219,514 | = | 0.0% |
| Other amounts receivable | 291 | €219,514 | €219,514 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,291 | €99,080 | +€7,789 | +8.5% |
| Trade receivables | 40 | €71,275 | €75,261 | +€3,986 | +5.6% |
| Other amounts receivable | 41 | €20,015 | €23,818 | +€3,803 | +19.0% |
| Current investments | 50/53 | - | €1,500,000 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €2,449,738 | €839,668 | -€1.6m | -65.7% |
| Deferred charges and accrued income | 490/1 | €11,193 | €15,975 | +€4,782 | +42.7% |
| Total equity and liabilities | 10/49 | €6,744,597 | €5,980,664 | -€763,933 | -11.3% |
| Equity | 10/15 | €1,396,491 | €974,079 | -€422,413 | -30.2% |
| Contributions | 10/11 | €736,442 | €736,442 | = | 0.0% |
| Capital | 10 | €736,442 | €736,442 | = | 0.0% |
| Issued capital | 100 | €736,442 | €736,442 | = | 0.0% |
| Reserves | 13 | €38,204 | €38,204 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38,204 | €38,204 | = | 0.0% |
| Legal reserve | 130 | €38,204 | €38,204 | = | 0.0% |
| Profit (loss) carried forward | 14 | €621,845 | €199,433 | -€422,413 | -67.9% |
| Amounts payable | 17/49 | €5,348,106 | €5,006,585 | -€341,521 | -6.4% |
| Amounts payable after more than one year | 17 | €4,940,408 | €4,759,214 | -€181,194 | -3.7% |
| Financial debts | 170/4 | €857,016 | €675,822 | -€181,194 | -21.1% |
| Other amounts payable | 178/9 | €4,083,392 | €4,083,392 | = | 0.0% |
| Amounts payable within one year | 42/48 | €407,698 | €247,371 | -€160,327 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €176,173 | €181,194 | +€5,021 | +2.9% |
| Trade debts | 44 | €180,653 | €27,183 | -€153,470 | -85.0% |
| Suppliers | 440/4 | €180,653 | €27,183 | -€153,470 | -85.0% |
| Taxes, remuneration and social security | 45 | €20,828 | €16,354 | -€4,474 | -21.5% |
| Taxes | 450/3 | €20,828 | €16,354 | -€4,474 | -21.5% |
| Other amounts payable | 47/48 | €30,043 | €22,640 | -€7,404 | -24.6% |
| Remuneration, social security and pensions | 62 | - | €13,001 | +€13,001 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,434 | €182,434 | +€2,999 | +1.7% |
| Other operating charges | 640/8 | €7,856 | €8,155 | +€299 | +3.8% |
| Gross operating margin | 9900 | €341,414 | €351,916 | +€10,501 | +3.1% |
| Operating profit (loss) | 9901 | €154,123 | €148,326 | -€5,797 | -3.8% |
| Financial income | 75/76B | €1,325 | €28,728 | +€27,403 | +2068.7% |
| Recurring financial income | 75 | €1,325 | €28,728 | +€27,403 | +2068.7% |
| Financial charges | 65/66B | €127,676 | €577,910 | +€450,234 | +352.6% |
| Recurring financial charges | 65 | €127,676 | €93,910 | -€33,766 | -26.4% |
| Non-recurring financial charges | 66B | - | €484,000 | +€484,000 | |
| Profit (loss) for the period before taxes | 9903 | €27,772 | -€400,857 | -€428,628 | |
| Income taxes | 67/77 | €6,943 | €21,556 | +€14,613 | +210.5% |
| Profit (loss) for the period | 9904 | €20,829 | -€422,413 | -€443,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,829 | -€422,413 | -€443,241 |
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 11 October 2026 via checked.be.