PROMARCO: 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.
PROMARCO
Largest movements
- Tangible fixed assets -€17,115
down €17,115 (-30.0%), from €57,106 to €39,991
of which Land and buildings: -€9,664
- Cash +€2,783
up €2,783 (+11.5%), from €24,098 to €26,881
mainly Depreciation (+€21,312) and Contributions, distributions and other (+€6,609)
- Debts after one year -€10,700
down €10,700 (-17.6%), from €60,700 to €50,000
- Other debts -€2,988
down €2,988 (-23.1%), from €12,915 to €9,928
- Trade debts -€2,074
down €2,074 (-55.7%), from €3,724 to €1,650
- Tax, wage and social debts +€1,112
up €1,112 (+854%), from €130 to €1,242
of which Taxes: +€1,112
- Staff costs -€7,427
down €7,427 (-61.4%), from €12,091 to €4,664
- Gross operating margin -€5,193
down €5,193 (-19.7%), from €26,331 to €21,139
- Depreciation +€4,481
up €4,481 (+26.6%), from €16,831 to €21,312
- Other operating charges -€815
down €815 (-34.5%), from €2,365 to €1,549
- Financial charges -€419
down €419 (-59.4%), from €706 to €287
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 | €90,634 | €75,985 | -€14,649 | -16.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €57,556 | €40,446 | -€17,110 | -29.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €57,106 | €39,991 | -€17,115 | -30.0% |
| Land and buildings | 22 | €19,260 | €9,596 | -€9,664 | -50.2% |
| Plant, machinery and equipment | 23 | €4,038 | €3,694 | -€344 | -8.5% |
| Furniture and vehicles | 24 | €28,666 | €24,306 | -€4,360 | -15.2% |
| Other tangible fixed assets | 26 | €5,142 | €2,395 | -€2,747 | -53.4% |
| Financial fixed assets | 28 | €450 | €455 | +€5 | +1.1% |
| Current assets | 29/58 | €33,079 | €35,539 | +€2,461 | +7.4% |
| Stocks and contracts in progress | 3 | €4,150 | €4,384 | +€234 | +5.6% |
| Stocks | 30/36 | €4,150 | €4,384 | +€234 | +5.6% |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,958 | €2,309 | -€649 | -21.9% |
| Trade receivables | 40 | €240 | €1,296 | +€1,056 | +440% |
| Other amounts receivable | 41 | €2,718 | €1,013 | -€1,705 | -62.7% |
| Cash at bank and in hand | 54/58 | €24,098 | €26,881 | +€2,783 | +11.5% |
| Deferred charges and accrued income | 490/1 | €1,873 | €1,966 | +€93 | +5.0% |
| Total equity and liabilities | 10/49 | €90,634 | €75,985 | -€14,649 | -16.2% |
| Equity | 10/15 | €13,165 | €13,165 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,295 | -€7,295 | = | 0.0% |
| Amounts payable | 17/49 | €77,470 | €62,820 | -€14,649 | -18.9% |
| Amounts payable after more than one year | 17 | €60,700 | €50,000 | -€10,700 | -17.6% |
| Other amounts payable | 178/9 | €60,700 | €50,000 | -€10,700 | -17.6% |
| Amounts payable within one year | 42/48 | €16,770 | €12,820 | -€3,949 | -23.6% |
| Trade debts | 44 | €3,724 | €1,650 | -€2,074 | -55.7% |
| Suppliers | 440/4 | €3,724 | €1,650 | -€2,074 | -55.7% |
| Taxes, remuneration and social security | 45 | €130 | €1,242 | +€1,112 | +854% |
| Taxes | 450/3 | €130 | €1,242 | +€1,112 | +854% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €12,915 | €9,928 | -€2,988 | -23.1% |
| Remuneration, social security and pensions | 62 | €12,091 | €4,664 | -€7,427 | -61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,831 | €21,312 | +€4,481 | +26.6% |
| Other operating charges | 640/8 | €2,365 | €1,549 | -€815 | -34.5% |
| Gross operating margin | 9900 | €26,331 | €21,139 | -€5,193 | -19.7% |
| Operating profit (loss) | 9901 | -€4,955 | -€6,386 | -€1,431 | -28.9% |
| Financial income | 75/76B | €173 | €84 | -€88 | -51.1% |
| Recurring financial income | 75 | €173 | €84 | -€88 | -51.1% |
| Financial charges | 65/66B | €706 | €287 | -€419 | -59.4% |
| Recurring financial charges | 65 | €706 | €287 | -€419 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,488 | -€6,588 | -€1,100 | -20.0% |
| Income taxes | 67/77 | €39 | €21 | -€18 | -45.7% |
| Profit (loss) for the period | 9904 | -€5,527 | -€6,609 | -€1,082 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,527 | -€6,609 | -€1,082 | -19.6% |
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 19 October 2026 via checked.be.