PROMACO: what changed
Two fiscal 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.
What changed
PROMACO
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€74,656
2024 · €394,800-€320,144
Equity
€6.8m
2024 · €6.6m+€167,933
Cash
€209,847
2024 · €353,262-€143,415
Balance sheet total
€7.2m
2024 · €7.5m-€216,148
Largest movements
Assets
- Receivables within one year -€434,072
down €434,072 (-29.0%), from €1.5m to €1.1m
of which Trade receivables: -€486,644
- Stocks and contracts +€244,068
up €244,068 (+5.6%), from €4.3m to €4.6m
- Cash -€143,415
down €143,415 (-40.6%), from €353,262 to €209,847
mainly Investment in fixed assets (net) (-€268,960) and Stocks and contracts (-€244,068)
- Financial fixed assets +€98,199
up €98,199 (+16.9%), from €581,458 to €679,657
of which Affiliated companies: +€98,199
Equity and liabilities
- Other debts -€100,000
down €100,000 (-99.7%), from €100,349 to €349
- Revaluation surpluses +€98,199
up €98,199 (+19.7%), from €498,208 to €596,407
- Reserves +€95,000
up €95,000 (+1.7%), from €5.6m to €5.7m
of which Distributable reserves: +€95,000
- Trade debts -€87,882
down €87,882 (-33.8%), from €259,919 to €172,037
- Debts after one year -€81,809
down €81,809 (-69.9%), from €117,041 to €35,232
Income statement
- Turnover -€2.7m
down €2.7m (-23.7%), from €11.2m to €8.5m
- Goods and materials -€2.3m
down €2.3m (-25.4%), from €9.1m to €6.8m
of which Purchases: -€1.9m
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.
Result 2024
€394,800
Turnover
-€2.7m
Other operating income
+€3,625
Goods and materials
+€2.3m
Services and other goods
-€87,854
Staff costs
+€97,266
Depreciation
+€27,975
Other operating charges
+€4,582
Financial income
-€83,163
Financial charges
-€11,079
Taxes
+€64,571
Deferred taxes and other
+€4,395
Result 2025
€74,656
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.
From operations
+€161,892
Investment
-€268,960
Financing
-€36,347
Cash 2024
€353,262
From operations (derived)
+€161,892
Net result for the year
+€74,656
Depreciation
+€164,079
Stocks and contracts
-€244,068
Receivables within one year
+€434,072
Deferred charges and accrued income
-€12,389
Provisions
-€1,641
Trade debts
-€87,882
Tax, wage and social debts
-€76,759
Advances received
+€12,325
Other debts
-€100,000
Accrued charges and deferred income
-€500
Investment (derived)
-€268,960
Investment in fixed assets (net)
-€268,960
Financing
-€36,347
Debts after one year
-€81,809
Current portion of long-term debt
-€47,815
Contributions, distributions and other
+€93,276
Cash 2025
€209,847
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,450,606 | €7,234,458 | -€216,148 | -2.9% |
| Fixed assets | 21/28 | €1,267,216 | €1,372,098 | +€104,882 | +8.3% |
| Intangible fixed assets | 21 | €2,010 | €1,338 | -€672 | -33.4% |
| Tangible fixed assets | 22/27 | €683,748 | €691,103 | +€7,354 | +1.1% |
| Land and buildings | 22 | €339,712 | €305,161 | -€34,551 | -10.2% |
| Plant, machinery and equipment | 23 | €136,431 | €200,071 | +€63,640 | +46.6% |
| Furniture and vehicles | 24 | €186,384 | €177,608 | -€8,776 | -4.7% |
| Leasing and similar rights | 25 | €21,221 | €8,262 | -€12,959 | -61.1% |
| Financial fixed assets | 28 | €581,458 | €679,657 | +€98,199 | +16.9% |
| Affiliated companies | 280/1 | €572,458 | €670,657 | +€98,199 | +17.2% |
| Participating interests | 280 | €572,458 | €670,657 | +€98,199 | +17.2% |
| Other financial fixed assets | 284/8 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €6,183,389 | €5,862,359 | -€321,030 | -5.2% |
| Stocks and contracts in progress | 3 | €4,321,955 | €4,566,023 | +€244,068 | +5.6% |
| Stocks | 30/36 | €4,321,955 | €4,566,023 | +€244,068 | +5.6% |
| Raw materials and consumables | 30/31 | €4,321,955 | €4,566,023 | +€244,068 | +5.6% |
| Amounts receivable within one year | 40/41 | €1,497,131 | €1,063,059 | -€434,072 | -29.0% |
| Trade receivables | 40 | €1,441,649 | €955,005 | -€486,644 | -33.8% |
| Other amounts receivable | 41 | €55,482 | €108,054 | +€52,573 | +94.8% |
| Cash at bank and in hand | 54/58 | €353,262 | €209,847 | -€143,415 | -40.6% |
| Deferred charges and accrued income | 490/1 | €11,041 | €23,431 | +€12,389 | +112.2% |
| Total equity and liabilities | 10/49 | €7,450,606 | €7,234,458 | -€216,148 | -2.9% |
| Equity | 10/15 | €6,595,153 | €6,763,086 | +€167,933 | +2.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Revaluation surpluses | 12 | €498,208 | €596,407 | +€98,199 | +19.7% |
| Reserves | 13 | €5,555,000 | €5,650,000 | +€95,000 | +1.7% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €5,505,000 | €5,600,000 | +€95,000 | +1.7% |
| Profit (loss) carried forward | 14 | €29,890 | €9,547 | -€20,344 | -68.1% |
| Investment grants | 15 | €12,055 | €7,132 | -€4,923 | -40.8% |
| Provisions and deferred taxes | 16 | €4,018 | €2,377 | -€1,641 | -40.8% |
| Deferred taxes | 168 | €4,018 | €2,377 | -€1,641 | -40.8% |
| Amounts payable | 17/49 | €851,434 | €468,994 | -€382,440 | -44.9% |
| Amounts payable after more than one year | 17 | €117,041 | €35,232 | -€81,809 | -69.9% |
| Financial debts | 170/4 | €117,041 | €35,232 | -€81,809 | -69.9% |
| Leasing and similar obligations | 172 | €932 | €0 | -€932 | -100.0% |
| Credit institutions | 173 | €116,109 | €35,232 | -€80,877 | -69.7% |
| Amounts payable within one year | 42/48 | €731,564 | €431,433 | -€300,131 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €129,623 | €81,809 | -€47,815 | -36.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €259,919 | €172,037 | -€87,882 | -33.8% |
| Suppliers | 440/4 | €259,919 | €172,037 | -€87,882 | -33.8% |
| Advances received on contracts in progress | 46 | €0 | €12,325 | +€12,325 | |
| Taxes, remuneration and social security | 45 | €241,673 | €164,914 | -€76,759 | -31.8% |
| Taxes | 450/3 | €196,212 | €115,407 | -€80,805 | -41.2% |
| Remuneration and social security | 454/9 | €45,461 | €49,507 | +€4,046 | +8.9% |
| Other amounts payable | 47/48 | €100,349 | €349 | -€100,000 | -99.7% |
| Accrued charges and deferred income | 492/3 | €2,829 | €2,329 | -€500 | -17.7% |
| Operating income | 70/76A | €11,245,147 | €8,596,131 | -€2.6m | -23.6% |
| Turnover | 70 | €11,193,173 | €8,540,532 | -€2.7m | -23.7% |
| Other operating income | 74 | €51,974 | €55,599 | +€3,625 | +7.0% |
| Operating charges | 60/66A | €10,873,294 | €8,519,146 | -€2.4m | -21.7% |
| Goods for resale, raw materials and consumables | 60 | €9,116,164 | €6,803,985 | -€2.3m | -25.4% |
| Purchases | 600/8 | €8,981,714 | €7,048,053 | -€1.9m | -21.5% |
| Change in stocks: decrease (increase) | 609 | €134,450 | -€244,068 | -€378,518 | |
| Services and other goods | 61 | €796,151 | €884,006 | +€87,854 | +11.0% |
| Remuneration, social security and pensions | 62 | €745,099 | €647,833 | -€97,266 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,053 | €164,079 | -€27,975 | -14.6% |
| Other operating charges | 640/8 | €23,826 | €19,245 | -€4,582 | -19.2% |
| Operating profit (loss) | 9901 | €371,853 | €76,985 | -€294,868 | -79.3% |
| Financial income | 75/76B | €181,569 | €98,406 | -€83,163 | -45.8% |
| Recurring financial income | 75 | €181,569 | €98,406 | -€83,163 | -45.8% |
| Income from financial fixed assets | 750 | €997 | - | -€997 | |
| Other financial income | 752/9 | €180,572 | €98,406 | -€82,166 | -45.5% |
| Financial charges | 65/66B | €60,665 | €71,744 | +€11,079 | +18.3% |
| Recurring financial charges | 65 | €60,665 | €71,744 | +€11,079 | +18.3% |
| Debt charges | 650 | €24,182 | €18,053 | -€6,128 | -25.3% |
| Other financial charges | 652/9 | €36,484 | €53,691 | +€17,207 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €492,756 | €103,647 | -€389,110 | -79.0% |
| Transfer from deferred taxes | 780 | €4,446 | €1,641 | -€2,805 | -63.1% |
| Transfer to deferred taxes | 680 | €7,200 | - | -€7,200 | |
| Income taxes | 67/77 | €95,202 | €30,632 | -€64,571 | -67.8% |
| Taxes | 670/3 | €95,202 | €30,700 | -€64,502 | -67.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €68 | +€68 | |
| Profit (loss) for the period | 9904 | €394,800 | €74,656 | -€320,144 | -81.1% |
| Transfer to tax-exempt reserves | 689 | €21,600 | - | -€21,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €373,200 | €74,656 | -€298,544 | -80.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.