PROMAC: 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.
PROMAC
Largest movements
- Receivables within one year -€70,280
down €70,280 (-90.5%), from €77,669 to €7,390
of which Trade receivables: -€62,859
- Stocks and contracts +€63,238
up €63,238 (+24.6%), from €256,898 to €320,136
- Profit (loss) carried forward +€30,360
up €30,360 (+38.9%), from €78,004 to €108,364
- Other debts -€22,269
down €22,269 (-14.6%), from €152,927 to €130,658
- Tax, wage and social debts -€14,458
down €14,458 (-86.7%), from €16,669 to €2,212
- Trade debts -€7,798
down €7,798 (-52.7%), from €14,785 to €6,987
of which Suppliers: -€9,038
- Gross operating margin -€25,885
down €25,885 (-41.0%), from €63,178 to €37,293
- Depreciation -€6,735
down €6,735 (-98.6%), from €6,828 to €93
- Financial charges +€2,651
up €2,651 (+35.7%), from €7,422 to €10,072
- Financial income -€982
down €982 (-19.9%), from €4,944 to €3,963
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 | €359,106 | €347,701 | -€11,406 | -3.2% |
| Fixed assets | 21/28 | €93 | €0 | -€93 | -100.0% |
| Tangible fixed assets | 22/27 | €93 | €0 | -€93 | -100.0% |
| Furniture and vehicles | 24 | €93 | €0 | -€93 | -100.0% |
| Current assets | 29/58 | €359,013 | €347,701 | -€11,312 | -3.2% |
| Stocks and contracts in progress | 3 | €256,898 | €320,136 | +€63,238 | +24.6% |
| Stocks | 30/36 | €256,898 | €320,136 | +€63,238 | +24.6% |
| Amounts receivable within one year | 40/41 | €77,669 | €7,390 | -€70,280 | -90.5% |
| Trade receivables | 40 | €70,249 | €7,390 | -€62,859 | -89.5% |
| Other amounts receivable | 41 | €7,421 | €0 | -€7,421 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,191 | €19,968 | -€3,223 | -13.9% |
| Deferred charges and accrued income | 490/1 | €1,255 | €207 | -€1,048 | -83.5% |
| Total equity and liabilities | 10/49 | €359,106 | €347,701 | -€11,406 | -3.2% |
| Equity | 10/15 | €167,455 | €197,815 | +€30,360 | +18.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €70,859 | €70,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,004 | €108,364 | +€30,360 | +38.9% |
| Amounts payable | 17/49 | €191,651 | €149,886 | -€41,766 | -21.8% |
| Amounts payable within one year | 42/48 | €184,382 | €139,857 | -€44,525 | -24.1% |
| Trade debts | 44 | €14,785 | €6,987 | -€7,798 | -52.7% |
| Suppliers | 440/4 | €14,785 | €5,747 | -€9,038 | -61.1% |
| Bills of exchange payable | 441 | €0 | €1,240 | +€1,240 | |
| Taxes, remuneration and social security | 45 | €16,669 | €2,212 | -€14,458 | -86.7% |
| Taxes | 450/3 | €16,669 | €2,212 | -€14,458 | -86.7% |
| Other amounts payable | 47/48 | €152,927 | €130,658 | -€22,269 | -14.6% |
| Accrued charges and deferred income | 492/3 | €7,270 | €10,029 | +€2,759 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,828 | €93 | -€6,735 | -98.6% |
| Other operating charges | 640/8 | €708 | €730 | +€22 | +3.0% |
| Gross operating margin | 9900 | €63,178 | €37,293 | -€25,885 | -41.0% |
| Operating profit (loss) | 9901 | €55,642 | €36,470 | -€19,172 | -34.5% |
| Financial income | 75/76B | €4,944 | €3,963 | -€982 | -19.9% |
| Recurring financial income | 75 | €4,944 | €3,963 | -€982 | -19.9% |
| Financial charges | 65/66B | €7,422 | €10,072 | +€2,651 | +35.7% |
| Recurring financial charges | 65 | €7,422 | €10,072 | +€2,651 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €53,164 | €30,360 | -€22,805 | -42.9% |
| Profit (loss) for the period | 9904 | €53,164 | €30,360 | -€22,805 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,164 | €30,360 | -€22,805 | -42.9% |
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 12 October 2026 via checked.be.