ProMaCo: 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.
ProMaCo
Largest movements
- Current investments +€404,695
up €404,695 (+66.6%), from €607,779 to €1.0m
- Cash -€324,993
down €324,993 (-75.6%), from €429,725 to €104,732
mainly Current investments (-€404,695) and Receivables after one year (-€75,000)
- Receivables after one year +€75,000
up €75,000 (+75.0%), from €100,000 to €175,000
- Reserves +€166,979
up €166,979 (+14.9%), from €1.1m to €1.3m
of which Distributable reserves: +€166,979
- Gross operating margin +€9,108
up €9,108 (+4.2%), from €218,004 to €227,112
- Taxes +€2,595
up €2,595 (+3.4%), from €75,916 to €78,511
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 | €1,169,116 | €1,334,094 | +€164,979 | +14.1% |
| Current assets | 29/58 | €1,169,116 | €1,334,094 | +€164,979 | +14.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Other amounts receivable | 291 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Amounts receivable within one year | 40/41 | €27,671 | €30,119 | +€2,448 | +8.8% |
| Trade receivables | 40 | €24,964 | €27,355 | +€2,391 | +9.6% |
| Other amounts receivable | 41 | €2,707 | €2,764 | +€57 | +2.1% |
| Current investments | 50/53 | €607,779 | €1,012,474 | +€404,695 | +66.6% |
| Cash at bank and in hand | 54/58 | €429,725 | €104,732 | -€324,993 | -75.6% |
| Deferred charges and accrued income | 490/1 | €3,941 | €11,770 | +€7,829 | +198.6% |
| Total equity and liabilities | 10/49 | €1,169,116 | €1,334,094 | +€164,979 | +14.1% |
| Equity | 10/15 | €1,119,171 | €1,286,150 | +€166,979 | +14.9% |
| Reserves | 13 | €1,119,171 | €1,286,150 | +€166,979 | +14.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,117,311 | €1,284,290 | +€166,979 | +14.9% |
| Amounts payable | 17/49 | €49,945 | €47,945 | -€2,001 | -4.0% |
| Amounts payable within one year | 42/48 | €48,958 | €47,945 | -€1,013 | -2.1% |
| Trade debts | 44 | €2,291 | €630 | -€1,661 | -72.5% |
| Suppliers | 440/4 | €2,291 | €630 | -€1,661 | -72.5% |
| Taxes, remuneration and social security | 45 | €46,667 | €47,314 | +€648 | +1.4% |
| Taxes | 450/3 | €46,667 | €47,314 | +€648 | +1.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €988 | €0 | -€988 | -100.0% |
| Other operating charges | 640/8 | €1,317 | €1,993 | +€676 | +51.3% |
| Gross operating margin | 9900 | €218,004 | €227,112 | +€9,108 | +4.2% |
| Operating profit (loss) | 9901 | €216,687 | €225,119 | +€8,432 | +3.9% |
| Financial income | 75/76B | €19,806 | €21,080 | +€1,274 | +6.4% |
| Recurring financial income | 75 | €19,806 | €21,080 | +€1,274 | +6.4% |
| Financial charges | 65/66B | €492 | €710 | +€218 | +44.3% |
| Recurring financial charges | 65 | €492 | €710 | +€218 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €236,002 | €245,490 | +€9,488 | +4.0% |
| Income taxes | 67/77 | €75,916 | €78,511 | +€2,595 | +3.4% |
| Profit (loss) for the period | 9904 | €160,086 | €166,979 | +€6,894 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €160,086 | €166,979 | +€6,894 | +4.3% |
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 10 October 2026 via checked.be.