Promation: 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.
Promation
Largest movements
- Receivables within one year +€569,886
up €569,886 (+37.8%), from €1.5m to €2.1m
of which Trade receivables: +€555,354
- Cash -€258,800
down €258,800 (-62.3%), from €415,590 to €156,791
mainly Advances received (-€805,119) and Receivables within one year (-€569,886)
- Stocks and contracts -€240,057
down €240,057 (-26.9%), from €893,760 to €653,703
of which Stocks: -€240,057
- Advances received -€805,119
down €805,119 (-66.4%), from €1.2m to €408,004
- Trade debts +€423,442
up €423,442 (+102%), from €416,779 to €840,222
- Profit (loss) carried forward +€246,086
up €246,086 (+54.8%), from €449,052 to €695,138
- Tax, wage and social debts +€88,824
up €88,824 (+55.0%), from €161,643 to €250,467
of which Remuneration and social security: +€88,557
- Short-term financial debts +€75,000
up €75,000, from €0 to €75,000
- Gross operating margin +€707,395
up €707,395 (+52.4%), from €1.3m to €2.1m
- Staff costs +€563,194
up €563,194 (+56.5%), from €996,993 to €1.6m
- Taxes +€59,677
up €59,677 (+134%), from €44,529 to €104,206
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 | €3,332,234 | €3,376,179 | +€43,945 | +1.3% |
| Fixed assets | 21/28 | €467,524 | €439,573 | -€27,951 | -6.0% |
| Intangible fixed assets | 21 | €24,524 | €16,960 | -€7,564 | -30.8% |
| Tangible fixed assets | 22/27 | €427,925 | €407,538 | -€20,387 | -4.8% |
| Plant, machinery and equipment | 23 | €76,784 | €46,267 | -€30,517 | -39.7% |
| Furniture and vehicles | 24 | €103,396 | €128,392 | +€24,995 | +24.2% |
| Leasing and similar rights | 25 | €56,144 | €59,994 | +€3,850 | +6.9% |
| Other tangible fixed assets | 26 | €191,601 | €172,886 | -€18,715 | -9.8% |
| Financial fixed assets | 28 | €15,075 | €15,075 | = | 0.0% |
| Current assets | 29/58 | €2,864,710 | €2,936,606 | +€71,896 | +2.5% |
| Stocks and contracts in progress | 3 | €893,760 | €653,703 | -€240,057 | -26.9% |
| Stocks | 30/36 | €893,760 | €653,703 | -€240,057 | -26.9% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,506,754 | €2,076,640 | +€569,886 | +37.8% |
| Trade receivables | 40 | €1,482,822 | €2,038,176 | +€555,354 | +37.5% |
| Other amounts receivable | 41 | €23,932 | €38,464 | +€14,532 | +60.7% |
| Cash at bank and in hand | 54/58 | €415,590 | €156,791 | -€258,800 | -62.3% |
| Deferred charges and accrued income | 490/1 | €48,606 | €49,472 | +€866 | +1.8% |
| Total equity and liabilities | 10/49 | €3,332,234 | €3,376,179 | +€43,945 | +1.3% |
| Equity | 10/15 | €647,327 | €893,413 | +€246,086 | +38.0% |
| Contributions | 10/11 | €12,843 | €12,843 | = | 0.0% |
| Reserves | 13 | €185,433 | €185,433 | = | 0.0% |
| Distributable reserves | 133 | €185,433 | €185,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €449,052 | €695,138 | +€246,086 | +54.8% |
| Amounts payable | 17/49 | €2,684,907 | €2,482,766 | -€202,141 | -7.5% |
| Amounts payable after more than one year | 17 | €828,850 | €836,690 | +€7,840 | +0.9% |
| Financial debts | 170/4 | €828,850 | €836,690 | +€7,840 | +0.9% |
| Amounts payable within one year | 42/48 | €1,850,871 | €1,620,120 | -€230,751 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €37,323 | €46,428 | +€9,105 | +24.4% |
| Financial debts | 43 | €0 | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | €0 | €75,000 | +€75,000 | |
| Trade debts | 44 | €416,779 | €840,222 | +€423,442 | +102% |
| Suppliers | 440/4 | €416,779 | €840,222 | +€423,442 | +102% |
| Advances received on contracts in progress | 46 | €1,213,123 | €408,004 | -€805,119 | -66.4% |
| Taxes, remuneration and social security | 45 | €161,643 | €250,467 | +€88,824 | +55.0% |
| Taxes | 450/3 | €4,446 | €4,713 | +€266 | +6.0% |
| Remuneration and social security | 454/9 | €157,197 | €245,754 | +€88,557 | +56.3% |
| Other amounts payable | 47/48 | €22,002 | €0 | -€22,002 | -100% |
| Accrued charges and deferred income | 492/3 | €5,186 | €25,956 | +€20,770 | +400% |
| Remuneration, social security and pensions | 62 | €996,993 | €1,560,187 | +€563,194 | +56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,134 | €115,729 | +€15,596 | +15.6% |
| Other operating charges | 640/8 | €15,932 | €7,683 | -€8,249 | -51.8% |
| Gross operating margin | 9900 | €1,349,227 | €2,056,623 | +€707,395 | +52.4% |
| Operating profit (loss) | 9901 | €236,168 | €373,023 | +€136,855 | +57.9% |
| Financial income | 75/76B | €4,840 | €4,998 | +€158 | +3.3% |
| Recurring financial income | 75 | €4,840 | €4,998 | +€158 | +3.3% |
| Financial charges | 65/66B | €16,040 | €27,728 | +€11,688 | +72.9% |
| Recurring financial charges | 65 | €16,040 | €27,728 | +€11,688 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | €224,968 | €350,293 | +€125,325 | +55.7% |
| Income taxes | 67/77 | €44,529 | €104,206 | +€59,677 | +134% |
| Profit (loss) for the period | 9904 | €180,438 | €246,086 | +€65,648 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €180,438 | €246,086 | +€65,648 | +36.4% |
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 14 October 2026 via checked.be.