PROMCOM: 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.
PROMCOM
Largest movements
- Intangible fixed assets -€30,952
down €30,952 (-20.7%), from €149,727 to €118,775
- Cash +€17,194
up €17,194 (+508.5%), from €3,381 to €20,575
mainly Short-term financial debts (+€128,250) and Depreciation (+€83,104)
- Formation expenses -€3,922
down €3,922 (-29.9%), from €13,113 to €9,191
- Profit (loss) carried forward -€195,419
down €195,419 (-62.9%), from -€310,928 to -€506,347
- Short-term financial debts +€128,250
up €128,250 (+641.3%), from €20,000 to €148,250
- Trade debts +€33,988
up €33,988 (+88.3%), from €38,507 to €72,495
- Debts after one year +€30,905
up €30,905 (+48.6%), from €63,612 to €94,516
- Other debts -€13,283
down €13,283 (-56.9%), from €23,327 to €10,044
- Staff costs -€27,726
down €27,726 (-90.5%), from €30,639 to €2,913
- Financial charges +€25,603
up €25,603 (+325.9%), from €7,857 to €33,461
- Depreciation +€21,455
up €21,455 (+34.8%), from €61,650 to €83,104
- Gross operating margin -€16,010
down €16,010 (-27.1%), from -€59,123 to -€75,133
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,917 | €177,450 | -€16,467 | -8.5% |
| Formation expenses | 20 | €13,113 | €9,191 | -€3,922 | -29.9% |
| Fixed assets | 21/28 | €150,727 | €119,557 | -€31,170 | -20.7% |
| Intangible fixed assets | 21 | €149,727 | €118,775 | -€30,952 | -20.7% |
| Tangible fixed assets | 22/27 | €1,000 | €782 | -€218 | -21.8% |
| Furniture and vehicles | 24 | €1,000 | €782 | -€218 | -21.8% |
| Current assets | 29/58 | €30,077 | €48,703 | +€18,625 | +61.9% |
| Amounts receivable within one year | 40/41 | €25,229 | €26,628 | +€1,399 | +5.5% |
| Trade receivables | 40 | €5 | €8,258 | +€8,253 | +164724.4% |
| Other amounts receivable | 41 | €25,224 | €18,371 | -€6,854 | -27.2% |
| Cash at bank and in hand | 54/58 | €3,381 | €20,575 | +€17,194 | +508.5% |
| Deferred charges and accrued income | 490/1 | €1,467 | €1,499 | +€32 | +2.2% |
| Total equity and liabilities | 10/49 | €193,917 | €177,450 | -€16,467 | -8.5% |
| Equity | 10/15 | €11,572 | -€183,847 | -€195,419 | |
| Contributions | 10/11 | €322,500 | €322,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€310,928 | -€506,347 | -€195,419 | -62.9% |
| Amounts payable | 17/49 | €182,345 | €361,296 | +€178,952 | +98.1% |
| Amounts payable after more than one year | 17 | €63,612 | €94,516 | +€30,905 | +48.6% |
| Financial debts | 170/4 | €63,612 | €94,516 | +€30,905 | +48.6% |
| Amounts payable within one year | 42/48 | €114,847 | €256,720 | +€141,874 | +123.5% |
| Current portion of amounts payable after more than one year | 42 | €3,992 | €4,095 | +€104 | +2.6% |
| Financial debts | 43 | €20,000 | €148,250 | +€128,250 | +641.3% |
| Other loans | 439 | €20,000 | €148,250 | +€128,250 | +641.3% |
| Trade debts | 44 | €38,507 | €72,495 | +€33,988 | +88.3% |
| Suppliers | 440/4 | €38,507 | €72,495 | +€33,988 | +88.3% |
| Taxes, remuneration and social security | 45 | €29,021 | €21,836 | -€7,185 | -24.8% |
| Taxes | 450/3 | €25,138 | €15,730 | -€9,408 | -37.4% |
| Remuneration and social security | 454/9 | €3,883 | €6,107 | +€2,223 | +57.3% |
| Other amounts payable | 47/48 | €23,327 | €10,044 | -€13,283 | -56.9% |
| Accrued charges and deferred income | 492/3 | €3,886 | €10,060 | +€6,174 | +158.9% |
| Remuneration, social security and pensions | 62 | €30,639 | €2,913 | -€27,726 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,650 | €83,104 | +€21,455 | +34.8% |
| Other operating charges | 640/8 | €652 | €620 | -€32 | -4.9% |
| Gross operating margin | 9900 | -€59,123 | -€75,133 | -€16,010 | -27.1% |
| Operating profit (loss) | 9901 | -€152,063 | -€161,770 | -€9,707 | -6.4% |
| Financial income | 75/76B | €1 | €1 | -€0 | -30.7% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -30.7% |
| Financial charges | 65/66B | €7,857 | €33,461 | +€25,603 | +325.9% |
| Recurring financial charges | 65 | €7,857 | €33,461 | +€25,603 | +325.9% |
| Profit (loss) for the period before taxes | 9903 | -€159,920 | -€195,230 | -€35,311 | -22.1% |
| Income taxes | 67/77 | - | €189 | +€189 | |
| Profit (loss) for the period | 9904 | -€159,920 | -€195,419 | -€35,499 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€159,920 | -€195,419 | -€35,499 | -22.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.