Promaritimes: 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.
Promaritimes
Largest movements
- Receivables within one year +€134,589
up €134,589 (+11.8%), from €1.1m to €1.3m
of which Trade receivables: +€77,249
- Tangible fixed assets -€95,256
down €95,256 (-4.2%), from €2.3m to €2.2m
of which Land and buildings: -€51,760
- Cash -€48,167
down €48,167 (-13.7%), from €350,652 to €302,485
mainly Contributions, distributions and other (-€208,468) and Debts after one year (-€172,788)
- Other debts +€211,503
up €211,503 (+5919.7%), from €3,573 to €215,075
- Debts after one year -€172,788
down €172,788 (-11.7%), from €1.5m to €1.3m
- Reserves -€82,769
down €82,769 (-7.9%), from €1.1m to €970,607
of which Distributable reserves: -€82,769
- Staff costs +€128,737
up €128,737 (+18.1%), from €712,364 to €841,101
- Gross operating margin +€34,381
up €34,381 (+2.8%), from €1.2m to €1.3m
- Depreciation +€24,919
up €24,919 (+20.9%), from €119,481 to €144,401
- Taxes -€22,995
down €22,995 (-31.3%), from €73,350 to €50,355
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 | €4,108,773 | €4,068,202 | -€40,570 | -1.0% |
| Fixed assets | 21/28 | €2,333,476 | €2,238,220 | -€95,256 | -4.1% |
| Intangible fixed assets | 21 | €44,686 | €44,686 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,274,689 | €2,179,432 | -€95,256 | -4.2% |
| Land and buildings | 22 | €1,996,982 | €1,945,222 | -€51,760 | -2.6% |
| Furniture and vehicles | 24 | €266,238 | €224,223 | -€42,015 | -15.8% |
| Other tangible fixed assets | 26 | €11,469 | €9,988 | -€1,481 | -12.9% |
| Financial fixed assets | 28 | €14,101 | €14,101 | = | 0.0% |
| Current assets | 29/58 | €1,775,297 | €1,829,982 | +€54,686 | +3.1% |
| Amounts receivable after more than one year | 29 | €140,000 | €130,000 | -€10,000 | -7.1% |
| Other amounts receivable | 291 | €140,000 | €130,000 | -€10,000 | -7.1% |
| Stocks and contracts in progress | 3 | €146,717 | €123,577 | -€23,140 | -15.8% |
| Stocks | 30/36 | €146,717 | €123,577 | -€23,140 | -15.8% |
| Amounts receivable within one year | 40/41 | €1,137,927 | €1,272,516 | +€134,589 | +11.8% |
| Trade receivables | 40 | €1,120,552 | €1,197,801 | +€77,249 | +6.9% |
| Other amounts receivable | 41 | €17,375 | €74,715 | +€57,340 | +330.0% |
| Cash at bank and in hand | 54/58 | €350,652 | €302,485 | -€48,167 | -13.7% |
| Deferred charges and accrued income | 490/1 | - | €1,405 | +€1,405 | |
| Total equity and liabilities | 10/49 | €4,108,773 | €4,068,202 | -€40,570 | -1.0% |
| Equity | 10/15 | €1,115,376 | €1,032,607 | -€82,769 | -7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,053,376 | €970,607 | -€82,769 | -7.9% |
| Non-distributable reserves | 130/1 | €27,520 | €27,520 | = | 0.0% |
| Legal reserve | 130 | €24,669 | €24,669 | = | 0.0% |
| Other | 1319 | €2,851 | €2,851 | = | 0.0% |
| Distributable reserves | 133 | €1,025,856 | €943,087 | -€82,769 | -8.1% |
| Amounts payable | 17/49 | €2,993,397 | €3,035,595 | +€42,198 | +1.4% |
| Amounts payable after more than one year | 17 | €1,480,003 | €1,307,216 | -€172,788 | -11.7% |
| Financial debts | 170/4 | €1,480,003 | €1,307,216 | -€172,788 | -11.7% |
| Amounts payable within one year | 42/48 | €1,513,394 | €1,728,380 | +€214,986 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €171,034 | €172,788 | +€1,754 | +1.0% |
| Trade debts | 44 | €1,168,261 | €1,172,249 | +€3,988 | +0.3% |
| Suppliers | 440/4 | €1,168,261 | €1,172,249 | +€3,988 | +0.3% |
| Taxes, remuneration and social security | 45 | €170,526 | €168,268 | -€2,258 | -1.3% |
| Taxes | 450/3 | €102,986 | €98,756 | -€4,230 | -4.1% |
| Remuneration and social security | 454/9 | €67,540 | €69,512 | +€1,972 | +2.9% |
| Other amounts payable | 47/48 | €3,573 | €215,075 | +€211,503 | +5919.7% |
| Non-recurring operating income | 76A | - | €45 | +€45 | |
| Remuneration, social security and pensions | 62 | €712,364 | €841,101 | +€128,737 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,481 | €144,401 | +€24,919 | +20.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,237 | €3,918 | +€680 | +21.0% |
| Other operating charges | 640/8 | €16,337 | €15,596 | -€741 | -4.5% |
| Non-recurring operating charges | 66A | €372 | - | -€372 | |
| Gross operating margin | 9900 | €1,218,681 | €1,253,062 | +€34,381 | +2.8% |
| Operating profit (loss) | 9901 | €366,890 | €248,046 | -€118,844 | -32.4% |
| Financial income | 75/76B | €2,314 | €293 | -€2,021 | -87.3% |
| Recurring financial income | 75 | €2,314 | €293 | -€2,021 | -87.3% |
| Financial charges | 65/66B | €70,379 | €72,285 | +€1,906 | +2.7% |
| Recurring financial charges | 65 | €70,379 | €72,285 | +€1,906 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €298,825 | €176,054 | -€122,771 | -41.1% |
| Income taxes | 67/77 | €73,350 | €50,355 | -€22,995 | -31.3% |
| Profit (loss) for the period | 9904 | €225,475 | €125,699 | -€99,776 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €225,475 | €125,699 | -€99,776 | -44.3% |
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 9 October 2026 via checked.be.