PROMANAS: 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.
PROMANAS
Largest movements
- Receivables within one year +€74,513
up €74,513 (+19.5%), from €381,603 to €456,117
of which Trade receivables: +€115,538
- Trade debts +€120,807
up €120,807 (+92.6%), from €130,524 to €251,332
- Tax, wage and social debts -€58,108
down €58,108 (-57.9%), from €100,321 to €42,213
of which Taxes: -€66,319
- Short-term financial debts +€40,451
up €40,451 (+43.7%), from €92,484 to €132,935
- Debts after one year -€37,362
down €37,362 (-7.9%), from €470,071 to €432,709
- Accrued charges and deferred income +€11,578
up €11,578 (+544%), from €2,129 to €13,707
- Gross operating margin -€66,545
down €66,545 (-22.1%), from €300,565 to €234,020
- Depreciation -€13,598
down €13,598 (-20.2%), from €67,345 to €53,747
- Staff costs -€13,221
down €13,221 (-7.9%), from €166,380 to €153,159
- Taxes -€7,402
down €7,402 (-96.2%), from €7,696 to €294
- Financial charges +€3,476
up €3,476 (+15.4%), from €22,520 to €25,996
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 | €1,067,308 | €1,141,255 | +€73,947 | +6.9% |
| Fixed assets | 21/28 | €679,064 | €679,175 | +€111 | 0.0% |
| Intangible fixed assets | 21 | €5,972 | €4,452 | -€1,520 | -25.5% |
| Tangible fixed assets | 22/27 | €671,602 | €673,232 | +€1,631 | +0.2% |
| Land and buildings | 22 | €534,071 | €525,678 | -€8,393 | -1.6% |
| Plant, machinery and equipment | 23 | €7,459 | €4,286 | -€3,173 | -42.5% |
| Furniture and vehicles | 24 | €37,297 | €12,201 | -€25,096 | -67.3% |
| Assets under construction and advance payments | 27 | €92,775 | €131,068 | +€38,293 | +41.3% |
| Financial fixed assets | 28 | €1,491 | €1,491 | = | 0.0% |
| Current assets | 29/58 | €388,244 | €462,080 | +€73,837 | +19.0% |
| Amounts receivable within one year | 40/41 | €381,603 | €456,117 | +€74,513 | +19.5% |
| Trade receivables | 40 | €312,276 | €427,814 | +€115,538 | +37.0% |
| Other amounts receivable | 41 | €69,327 | €28,302 | -€41,025 | -59.2% |
| Cash at bank and in hand | 54/58 | €1,646 | €0 | -€1,646 | -100% |
| Deferred charges and accrued income | 490/1 | €4,994 | €5,964 | +€970 | +19.4% |
| Total equity and liabilities | 10/49 | €1,067,308 | €1,141,255 | +€73,947 | +6.9% |
| Equity | 10/15 | €235,847 | €230,997 | -€4,850 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €217,247 | €217,247 | = | 0.0% |
| Distributable reserves | 133 | €217,247 | €217,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,850 | -€4,850 | |
| Amounts payable | 17/49 | €831,461 | €910,258 | +€78,797 | +9.5% |
| Amounts payable after more than one year | 17 | €470,071 | €432,709 | -€37,362 | -7.9% |
| Financial debts | 170/4 | €470,071 | €432,709 | -€37,362 | -7.9% |
| Amounts payable within one year | 42/48 | €359,261 | €463,842 | +€104,581 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €35,931 | €37,362 | +€1,431 | +4.0% |
| Financial debts | 43 | €92,484 | €132,935 | +€40,451 | +43.7% |
| Credit institutions | 430/8 | €92,484 | €132,935 | +€40,451 | +43.7% |
| Trade debts | 44 | €130,524 | €251,332 | +€120,807 | +92.6% |
| Suppliers | 440/4 | €130,524 | €251,332 | +€120,807 | +92.6% |
| Taxes, remuneration and social security | 45 | €100,321 | €42,213 | -€58,108 | -57.9% |
| Taxes | 450/3 | €80,338 | €14,019 | -€66,319 | -82.5% |
| Remuneration and social security | 454/9 | €19,983 | €28,194 | +€8,211 | +41.1% |
| Accrued charges and deferred income | 492/3 | €2,129 | €13,707 | +€11,578 | +544% |
| Remuneration, social security and pensions | 62 | €166,380 | €153,159 | -€13,221 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,345 | €53,747 | -€13,598 | -20.2% |
| Other operating charges | 640/8 | €6,810 | €7,133 | +€323 | +4.7% |
| Non-recurring operating charges | 66A | €3,866 | €0 | -€3,866 | -100% |
| Gross operating margin | 9900 | €300,565 | €234,020 | -€66,545 | -22.1% |
| Operating profit (loss) | 9901 | €56,165 | €19,981 | -€36,183 | -64.4% |
| Financial income | 75/76B | €1 | €1,459 | +€1,458 | +160,263% |
| Recurring financial income | 75 | €1 | €1,459 | +€1,458 | +160,263% |
| Financial charges | 65/66B | €22,520 | €25,996 | +€3,476 | +15.4% |
| Recurring financial charges | 65 | €22,520 | €25,996 | +€3,476 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €33,645 | -€4,555 | -€38,201 | |
| Income taxes | 67/77 | €7,696 | €294 | -€7,402 | -96.2% |
| Profit (loss) for the period | 9904 | €25,949 | -€4,850 | -€30,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,949 | -€4,850 | -€30,799 |
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 27 October 2026 via checked.be.