PROMANIS: 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.
PROMANIS
Largest movements
- Cash -€87,767
down €87,767 (-72.7%), from €120,726 to €32,959
mainly Contributions, distributions and other (-€120,045) and Receivables within one year (-€49,507)
- Receivables within one year +€49,507
up €49,507 (+715%), from €6,927 to €56,434
of which Trade receivables: +€30,212
- Receivables after one year +€22,500
up €22,500 (+40.9%), from €55,000 to €77,500
- Reserves -€109,925
down €109,925 (-18.0%), from €610,328 to €500,403
of which Distributable reserves: -€109,925
- Debts after one year +€97,641
new in 2025: €97,641
- Current portion of long-term debt +€22,359
new in 2025: €22,359
- Short-term financial debts -€20,255
down €20,255 (-70.7%), from €28,667 to €8,412
- Gross operating margin -€166,720
down €166,720 (-64.3%), from €259,267 to €92,546
- Taxes -€51,888
down €51,888 (-80.6%), from €64,400 to €12,512
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 | €934,195 | €916,196 | -€17,998 | -1.9% |
| Fixed assets | 21/28 | €739,765 | €735,725 | -€4,040 | -0.5% |
| Tangible fixed assets | 22/27 | €36,172 | €31,982 | -€4,190 | -11.6% |
| Land and buildings | 22 | €28,974 | €25,987 | -€2,987 | -10.3% |
| Plant, machinery and equipment | 23 | €1,439 | €998 | -€441 | -30.7% |
| Furniture and vehicles | 24 | €5,759 | €4,998 | -€762 | -13.2% |
| Financial fixed assets | 28 | €703,592 | €703,742 | +€150 | 0.0% |
| Current assets | 29/58 | €194,430 | €180,471 | -€13,958 | -7.2% |
| Amounts receivable after more than one year | 29 | €55,000 | €77,500 | +€22,500 | +40.9% |
| Other amounts receivable | 291 | €55,000 | €77,500 | +€22,500 | +40.9% |
| Amounts receivable within one year | 40/41 | €6,927 | €56,434 | +€49,507 | +715% |
| Trade receivables | 40 | €0 | €30,212 | +€30,212 | |
| Other amounts receivable | 41 | €6,927 | €26,222 | +€19,295 | +279% |
| Cash at bank and in hand | 54/58 | €120,726 | €32,959 | -€87,767 | -72.7% |
| Deferred charges and accrued income | 490/1 | €11,777 | €13,579 | +€1,802 | +15.3% |
| Total equity and liabilities | 10/49 | €934,195 | €916,196 | -€17,998 | -1.9% |
| Equity | 10/15 | €874,628 | €764,703 | -€109,925 | -12.6% |
| Contributions | 10/11 | €264,300 | €264,300 | = | 0.0% |
| Reserves | 13 | €610,328 | €500,403 | -€109,925 | -18.0% |
| Tax-exempt reserves | 132 | €25,611 | €25,611 | = | 0.0% |
| Distributable reserves | 133 | €584,716 | €474,792 | -€109,925 | -18.8% |
| Amounts payable | 17/49 | €59,567 | €151,493 | +€91,926 | +154% |
| Amounts payable after more than one year | 17 | - | €97,641 | +€97,641 | |
| Financial debts | 170/4 | - | €97,641 | +€97,641 | |
| Amounts payable within one year | 42/48 | €57,475 | €53,678 | -€3,797 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | - | €22,359 | +€22,359 | |
| Financial debts | 43 | €28,667 | €8,412 | -€20,255 | -70.7% |
| Credit institutions | 430/8 | €28,667 | €8,412 | -€20,255 | -70.7% |
| Trade debts | 44 | €8,986 | €10,709 | +€1,723 | +19.2% |
| Suppliers | 440/4 | €8,986 | €10,709 | +€1,723 | +19.2% |
| Taxes, remuneration and social security | 45 | €9,978 | €10,254 | +€276 | +2.8% |
| Taxes | 450/3 | - | €118 | +€118 | |
| Remuneration and social security | 454/9 | €9,978 | €10,136 | +€158 | +1.6% |
| Other amounts payable | 47/48 | €9,844 | €1,943 | -€7,902 | -80.3% |
| Accrued charges and deferred income | 492/3 | €2,092 | €175 | -€1,917 | -91.6% |
| Non-recurring operating income | 76A | €10,836 | - | -€10,836 | |
| Remuneration, social security and pensions | 62 | €52,193 | €54,498 | +€2,305 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,004 | €7,235 | +€1,231 | +20.5% |
| Other operating charges | 640/8 | €2,405 | €3,040 | +€634 | +26.4% |
| Gross operating margin | 9900 | €259,267 | €92,546 | -€166,720 | -64.3% |
| Operating profit (loss) | 9901 | €198,665 | €27,774 | -€170,891 | -86.0% |
| Financial income | 75/76B | €2,173 | €2,417 | +€244 | +11.2% |
| Recurring financial income | 75 | €2,173 | €2,417 | +€244 | +11.2% |
| Financial charges | 65/66B | €9,545 | €7,560 | -€1,985 | -20.8% |
| Recurring financial charges | 65 | €9,545 | €7,560 | -€1,985 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €191,293 | €22,632 | -€168,661 | -88.2% |
| Income taxes | 67/77 | €64,400 | €12,512 | -€51,888 | -80.6% |
| Profit (loss) for the period | 9904 | €126,893 | €10,120 | -€116,774 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €126,893 | €10,120 | -€116,774 | -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 25 October 2026 via checked.be.