PROMEA: 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.
What changed
PROMEA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,848
2024 · -€211,162+€208,314
Equity
€7.4m
2024 · €7.4m-€2,848
Cash
€126,590
2024 · €61,898+€64,692
Balance sheet total
€12.5m
2024 · €10.3m+€2.2m
Largest movements
Assets
- Stocks and contracts +€3.1m
up €3.1m (+195%), from €1.6m to €4.7m
- Current investments -€750,000
down €750,000 (-100%), from €750,000 to €0
- Tangible fixed assets -€457,102
down €457,102 (-5.8%), from €7.9m to €7.4m
of which Land and buildings: -€433,875
- Receivables within one year +€207,544
up €207,544 (+817%), from €25,388 to €232,932
of which Trade receivables: +€149,236
Equity and liabilities
- Debts after one year +€2.2m
up €2.2m (+82.9%), from €2.7m to €4.9m
Income statement
- Financial charges -€61,731
down €61,731 (-40.0%), from €154,476 to €92,745
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.
Result 2024
-€211,162
Gross operating margin
+€3,130
Staff costs
+€108
Depreciation
-€556
Other operating charges
-€2,644
Other operating items
+€146,199
Financial income
-€4,063
Financial charges
+€61,731
Taxes
+€4,410
Result 2025
-€2,848
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.9m
Investment
+€750,000
Financing
+€2.2m
Cash 2024
€61,898
From operations (derived)
-€2.9m
Net result for the year
-€2,848
Depreciation
+€457,102
Stocks and contracts
-€3.1m
Receivables within one year
-€207,544
Smaller working-capital items
-€3,486
Provisions
-€24,331
Trade debts
+€30,488
Accrued charges and deferred income
-€63,029
Investment (derived)
+€750,000
Current investments
+€750,000
Financing
+€2.2m
Debts after one year
+€2.2m
Cash 2025
€126,590
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,298,678 | €12,467,516 | +€2.2m | +21.1% |
| Fixed assets | 21/28 | €7,850,676 | €7,393,574 | -€457,102 | -5.8% |
| Tangible fixed assets | 22/27 | €7,850,676 | €7,393,574 | -€457,102 | -5.8% |
| Land and buildings | 22 | €7,739,177 | €7,305,302 | -€433,875 | -5.6% |
| Plant, machinery and equipment | 23 | €103,530 | €84,841 | -€18,690 | -18.1% |
| Furniture and vehicles | 24 | €7,969 | €3,431 | -€4,538 | -56.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,448,001 | €5,073,941 | +€2.6m | +107% |
| Stocks and contracts in progress | 3 | €1,593,976 | €4,695,637 | +€3.1m | +195% |
| Stocks | 30/36 | €1,593,976 | €4,695,637 | +€3.1m | +195% |
| Amounts receivable within one year | 40/41 | €25,388 | €232,932 | +€207,544 | +817% |
| Trade receivables | 40 | €15,764 | €165,000 | +€149,236 | +947% |
| Other amounts receivable | 41 | €9,624 | €67,932 | +€58,308 | +606% |
| Current investments | 50/53 | €750,000 | €0 | -€750,000 | -100% |
| Cash at bank and in hand | 54/58 | €61,898 | €126,590 | +€64,692 | +105% |
| Deferred charges and accrued income | 490/1 | €16,739 | €18,782 | +€2,043 | +12.2% |
| Total equity and liabilities | 10/49 | €10,298,678 | €12,467,516 | +€2.2m | +21.1% |
| Equity | 10/15 | €7,362,203 | €7,359,356 | -€2,848 | 0.0% |
| Contributions | 10/11 | €4,007,002 | €4,007,002 | = | 0.0% |
| Capital | 10 | €4,007,002 | €4,007,002 | = | 0.0% |
| Issued capital | 100 | €4,007,002 | €4,007,002 | = | 0.0% |
| Reserves | 13 | €3,355,202 | €3,352,354 | -€2,848 | -0.1% |
| Non-distributable reserves | 130/1 | €86,450 | €86,450 | = | 0.0% |
| Legal reserve | 130 | €86,450 | €86,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €310,196 | €237,204 | -€72,992 | -23.5% |
| Distributable reserves | 133 | €2,958,556 | €3,028,700 | +€70,144 | +2.4% |
| Provisions and deferred taxes | 16 | €81,373 | €57,043 | -€24,331 | -29.9% |
| Deferred taxes | 168 | €81,373 | €57,043 | -€24,331 | -29.9% |
| Amounts payable | 17/49 | €2,855,101 | €5,051,117 | +€2.2m | +76.9% |
| Amounts payable after more than one year | 17 | €2,690,000 | €4,920,000 | +€2.2m | +82.9% |
| Financial debts | 170/4 | €2,690,000 | €4,920,000 | +€2.2m | +82.9% |
| Amounts payable within one year | 42/48 | €9,894 | €38,940 | +€29,045 | +294% |
| Trade debts | 44 | €8,451 | €38,940 | +€30,488 | +361% |
| Suppliers | 440/4 | €8,451 | €38,940 | +€30,488 | +361% |
| Taxes, remuneration and social security | 45 | €1,443 | €0 | -€1,443 | -100% |
| Taxes | 450/3 | €1,443 | €0 | -€1,443 | -100% |
| Accrued charges and deferred income | 492/3 | €155,207 | €92,178 | -€63,029 | -40.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €108 | €0 | -€108 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €456,546 | €457,102 | +€556 | +0.1% |
| Other operating charges | 640/8 | €47,107 | €49,751 | +€2,644 | +5.6% |
| Non-recurring operating charges | 66A | €146,199 | €0 | -€146,199 | -100% |
| Gross operating margin | 9900 | €567,607 | €570,737 | +€3,130 | +0.6% |
| Operating profit (loss) | 9901 | -€82,353 | €63,883 | +€146,236 | |
| Financial income | 75/76B | €9,747 | €5,684 | -€4,063 | -41.7% |
| Recurring financial income | 75 | €9,747 | €5,684 | -€4,063 | -41.7% |
| Financial charges | 65/66B | €154,476 | €92,745 | -€61,731 | -40.0% |
| Recurring financial charges | 65 | €154,476 | €92,745 | -€61,731 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | -€227,083 | -€23,178 | +€203,904 | +89.8% |
| Transfer from deferred taxes | 780 | €24,331 | €24,331 | = | 0.0% |
| Income taxes | 67/77 | €8,410 | €4,000 | -€4,410 | -52.4% |
| Profit (loss) for the period | 9904 | -€211,162 | -€2,848 | +€208,314 | +98.7% |
| Transfer from tax-exempt reserves | 789 | €72,992 | €72,992 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€138,170 | €70,144 | +€208,314 |
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 16 October 2026 via checked.be.