PROMARO: what changed
Two fiscal 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.
PROMARO
Largest movements
- Cash +€44,796
up €44,796 (+27.4%), from €163,588 to €208,384
mainly Other debts (+€351,701) and Net result for the year (+€47,770)
- Current investments +€14,706
up €14,706 (+5.0%), from €293,417 to €308,123
- Tangible fixed assets -€13,776
down €13,776 (-6.8%), from €201,979 to €188,203
of which Land and buildings: -€16,062
- Reserves -€359,979
down €359,979 (-53.5%), from €672,239 to €312,260
- Other debts +€351,701
new in 2025: €351,701
- Profit (loss) carried forward +€36,770
up €36,770, from -€36,717 to €53
- Tax, wage and social debts +€11,848
up €11,848 (+987.3%), from €1,200 to €13,048
- Taxes -€44,434
down €44,434 (-70.4%), from €63,146 to €18,713
- Gross operating margin +€43,076
up €43,076 (+83.8%), from €51,413 to €94,489
- Depreciation -€2,584
down €2,584 (-8.3%), from €31,131 to €28,547
- Financial charges +€2,015
up €2,015 (+79.4%), from €2,538 to €4,553
- Financial income +€1,724
up €1,724 (+25.4%), from €6,789 to €8,514
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 | €684,403 | €727,723 | +€43,320 | +6.3% |
| Fixed assets | 21/28 | €201,979 | €188,203 | -€13,776 | -6.8% |
| Tangible fixed assets | 22/27 | €201,979 | €188,203 | -€13,776 | -6.8% |
| Land and buildings | 22 | €198,381 | €182,319 | -€16,062 | -8.1% |
| Plant, machinery and equipment | 23 | €2,975 | €224 | -€2,751 | -92.5% |
| Furniture and vehicles | 24 | €623 | €5,661 | +€5,037 | +808.4% |
| Current assets | 29/58 | €482,424 | €539,520 | +€57,096 | +11.8% |
| Amounts receivable within one year | 40/41 | €22,586 | €20,165 | -€2,422 | -10.7% |
| Trade receivables | 40 | €9,468 | €15,985 | +€6,516 | +68.8% |
| Other amounts receivable | 41 | €13,118 | €4,180 | -€8,938 | -68.1% |
| Current investments | 50/53 | €293,417 | €308,123 | +€14,706 | +5.0% |
| Cash at bank and in hand | 54/58 | €163,588 | €208,384 | +€44,796 | +27.4% |
| Deferred charges and accrued income | 490/1 | €2,833 | €2,849 | +€16 | +0.6% |
| Total equity and liabilities | 10/49 | €684,403 | €727,723 | +€43,320 | +6.3% |
| Equity | 10/15 | €654,122 | €330,913 | -€323,209 | -49.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €672,239 | €312,260 | -€359,979 | -53.5% |
| Distributable reserves | 133 | €672,239 | €312,260 | -€359,979 | -53.5% |
| Profit (loss) carried forward | 14 | -€36,717 | €53 | +€36,770 | |
| Amounts payable | 17/49 | €30,282 | €396,811 | +€366,529 | +1210.4% |
| Amounts payable after more than one year | 17 | €16,239 | €16,864 | +€624 | +3.8% |
| Financial debts | 170/4 | €16,239 | €16,864 | +€624 | +3.8% |
| Amounts payable within one year | 42/48 | €10,686 | €369,600 | +€358,914 | +3358.7% |
| Current portion of amounts payable after more than one year | 42 | €2,542 | €2,530 | -€12 | -0.5% |
| Financial debts | 43 | - | €654 | +€654 | |
| Credit institutions | 430/8 | - | €654 | +€654 | |
| Trade debts | 44 | €6,944 | €1,668 | -€5,276 | -76.0% |
| Suppliers | 440/4 | €6,944 | €1,668 | -€5,276 | -76.0% |
| Taxes, remuneration and social security | 45 | €1,200 | €13,048 | +€11,848 | +987.3% |
| Taxes | 450/3 | €1,200 | €13,048 | +€11,848 | +987.3% |
| Other amounts payable | 47/48 | - | €351,701 | +€351,701 | |
| Accrued charges and deferred income | 492/3 | €3,357 | €10,348 | +€6,991 | +208.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,131 | €28,547 | -€2,584 | -8.3% |
| Other operating charges | 640/8 | €3,567 | €3,420 | -€147 | -4.1% |
| Gross operating margin | 9900 | €51,413 | €94,489 | +€43,076 | +83.8% |
| Operating profit (loss) | 9901 | €16,715 | €62,522 | +€45,807 | +274.0% |
| Financial income | 75/76B | €6,789 | €8,514 | +€1,724 | +25.4% |
| Recurring financial income | 75 | €6,789 | €8,514 | +€1,724 | +25.4% |
| Financial charges | 65/66B | €2,538 | €4,553 | +€2,015 | +79.4% |
| Recurring financial charges | 65 | €2,538 | €4,553 | +€2,015 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €20,966 | €66,482 | +€45,516 | +217.1% |
| Income taxes | 67/77 | €63,146 | €18,713 | -€44,434 | -70.4% |
| Profit (loss) for the period | 9904 | -€42,180 | €47,770 | +€89,950 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,180 | €47,770 | +€89,950 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.