PROMADO: 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.
PROMADO
Largest movements
- Receivables within one year +€20,870
up €20,870 (+4.8%), from €434,406 to €455,276
of which Trade receivables: +€57,152
- Stocks and contracts -€9,000
down €9,000 (-7.4%), from €121,198 to €112,198
- Short-term financial debts +€688,901
up €688,901 (+62,659%), from €1,099 to €690,000
- Current portion of long-term debt -€688,417
down €688,417 (-99.8%), from €690,000 to €1,583
- Trade debts +€21,060
up €21,060 (+53.1%), from €39,660 to €60,720
- Profit (loss) carried forward -€13,460
down €13,460 (-5.6%), from -€240,960 to -€254,420
- Gross operating margin +€131,048
up €131,048, from -€112,482 to €18,566
- Financial charges -€20,127
down €20,127 (-39.8%), from €50,614 to €30,487
- Other operating charges -€2,519
down €2,519 (-79.7%), from €3,162 to €642
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.
Derived cash bridge
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 | €570,810 | €578,897 | +€8,086 | +1.4% |
| Fixed assets | 21/28 | €10,748 | €9,851 | -€897 | -8.3% |
| Tangible fixed assets | 22/27 | €10,548 | €9,651 | -€897 | -8.5% |
| Plant, machinery and equipment | 23 | €5,548 | €4,651 | -€897 | -16.2% |
| Furniture and vehicles | 24 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €560,062 | €569,045 | +€8,983 | +1.6% |
| Stocks and contracts in progress | 3 | €121,198 | €112,198 | -€9,000 | -7.4% |
| Stocks | 30/36 | €121,198 | €112,198 | -€9,000 | -7.4% |
| Amounts receivable within one year | 40/41 | €434,406 | €455,276 | +€20,870 | +4.8% |
| Trade receivables | 40 | €80,438 | €137,590 | +€57,152 | +71.1% |
| Other amounts receivable | 41 | €353,968 | €317,686 | -€36,282 | -10.2% |
| Cash at bank and in hand | 54/58 | €4,458 | €1,571 | -€2,887 | -64.8% |
| Total equity and liabilities | 10/49 | €570,810 | €578,897 | +€8,086 | +1.4% |
| Equity | 10/15 | -€160,360 | -€173,820 | -€13,460 | -8.4% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€240,960 | -€254,420 | -€13,460 | -5.6% |
| Amounts payable | 17/49 | €731,170 | €752,717 | +€21,546 | +2.9% |
| Amounts payable within one year | 42/48 | €731,170 | €752,717 | +€21,546 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €690,000 | €1,583 | -€688,417 | -99.8% |
| Financial debts | 43 | €1,099 | €690,000 | +€688,901 | +62,659% |
| Credit institutions | 430/8 | €1,099 | €690,000 | +€688,901 | +62,659% |
| Trade debts | 44 | €39,660 | €60,720 | +€21,060 | +53.1% |
| Suppliers | 440/4 | €39,660 | €60,720 | +€21,060 | +53.1% |
| Taxes, remuneration and social security | 45 | - | €3 | +€3 | |
| Taxes | 450/3 | - | €3 | +€3 | |
| Other amounts payable | 47/48 | €411 | €411 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,330 | €897 | -€433 | -32.6% |
| Other operating charges | 640/8 | €3,162 | €642 | -€2,519 | -79.7% |
| Gross operating margin | 9900 | -€112,482 | €18,566 | +€131,048 | |
| Operating profit (loss) | 9901 | -€116,974 | €17,027 | +€134,001 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €50,614 | €30,487 | -€20,127 | -39.8% |
| Recurring financial charges | 65 | €50,614 | €30,487 | -€20,127 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | -€167,584 | -€13,460 | +€154,124 | +92.0% |
| Profit (loss) for the period | 9904 | -€167,584 | -€13,460 | +€154,124 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€167,584 | -€13,460 | +€154,124 | +92.0% |
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 14 October 2026 via checked.be.