PROMEAT: 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.
PROMEAT
Largest movements
- Receivables within one year +€61,239
up €61,239 (+54.1%), from €113,130 to €174,369
of which Other amounts receivable: +€37,080
- Cash +€32,027
up €32,027 (+38.9%), from €82,357 to €114,385
mainly Net result for the year (+€255,806) and Tax, wage and social debts (+€36,959)
- Reserves +€233,626
up €233,626 (+50.0%), from €467,107 to €700,733
- Debts after one year -€147,779
down €147,779 (-21.9%), from €675,198 to €527,419
of which Financial debts: -€147,779
- Tax, wage and social debts +€36,959
up €36,959 (+34.0%), from €108,665 to €145,624
- Short-term financial debts -€22,691
down €22,691 (-36.8%), from €61,677 to €38,987
- Gross operating margin +€89,394
up €89,394 (+28.6%), from €312,165 to €401,559
- Taxes +€25,699
up €25,699 (+31.3%), from €81,980 to €107,679
- Financial income -€11,574
down €11,574 (-83.3%), from €13,889 to €2,314
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 | €1,577,682 | €1,668,651 | +€90,970 | +5.8% |
| Fixed assets | 21/28 | €1,380,915 | €1,376,434 | -€4,482 | -0.3% |
| Tangible fixed assets | 22/27 | €4,482 | €0 | -€4,482 | -100% |
| Furniture and vehicles | 24 | €4,482 | €0 | -€4,482 | -100% |
| Financial fixed assets | 28 | €1,376,434 | €1,376,434 | = | 0.0% |
| Current assets | 29/58 | €196,766 | €292,218 | +€95,451 | +48.5% |
| Amounts receivable within one year | 40/41 | €113,130 | €174,369 | +€61,239 | +54.1% |
| Trade receivables | 40 | €94,016 | €118,175 | +€24,159 | +25.7% |
| Other amounts receivable | 41 | €19,115 | €56,194 | +€37,080 | +194% |
| Cash at bank and in hand | 54/58 | €82,357 | €114,385 | +€32,027 | +38.9% |
| Deferred charges and accrued income | 490/1 | €1,279 | €3,464 | +€2,185 | +171% |
| Total equity and liabilities | 10/49 | €1,577,682 | €1,668,651 | +€90,970 | +5.8% |
| Equity | 10/15 | €537,107 | €770,733 | +€233,626 | +43.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €467,107 | €700,733 | +€233,626 | +50.0% |
| Distributable reserves | 133 | €467,107 | €700,733 | +€233,626 | +50.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,040,575 | €897,919 | -€142,656 | -13.7% |
| Amounts payable after more than one year | 17 | €675,198 | €527,419 | -€147,779 | -21.9% |
| Financial debts | 170/4 | €664,725 | €516,946 | -€147,779 | -22.2% |
| Other amounts payable | 178/9 | €10,472 | €10,472 | = | 0.0% |
| Amounts payable within one year | 42/48 | €360,948 | €368,370 | +€7,422 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €156,940 | €160,293 | +€3,353 | +2.1% |
| Financial debts | 43 | €61,677 | €38,987 | -€22,691 | -36.8% |
| Credit institutions | 430/8 | €61,677 | €38,987 | -€22,691 | -36.8% |
| Trade debts | 44 | €0 | €1,286 | +€1,286 | |
| Suppliers | 440/4 | €0 | €1,286 | +€1,286 | |
| Taxes, remuneration and social security | 45 | €108,665 | €145,624 | +€36,959 | +34.0% |
| Taxes | 450/3 | €108,665 | €145,624 | +€36,959 | +34.0% |
| Other amounts payable | 47/48 | €33,666 | €22,180 | -€11,486 | -34.1% |
| Accrued charges and deferred income | 492/3 | €4,429 | €2,130 | -€2,299 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,516 | €4,482 | -€2,034 | -31.2% |
| Other operating charges | 640/8 | €1,938 | €1,464 | -€474 | -24.5% |
| Non-recurring operating charges | 66A | - | €19,412 | +€19,412 | |
| Gross operating margin | 9900 | €312,165 | €401,559 | +€89,394 | +28.6% |
| Operating profit (loss) | 9901 | €303,711 | €376,202 | +€72,491 | +23.9% |
| Financial income | 75/76B | €13,889 | €2,314 | -€11,574 | -83.3% |
| Recurring financial income | 75 | €13,889 | €2,314 | -€11,574 | -83.3% |
| Financial charges | 65/66B | €14,298 | €15,032 | +€734 | +5.1% |
| Recurring financial charges | 65 | €14,298 | €15,032 | +€734 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €303,302 | €363,484 | +€60,182 | +19.8% |
| Income taxes | 67/77 | €81,980 | €107,679 | +€25,699 | +31.3% |
| Profit (loss) for the period | 9904 | €221,322 | €255,806 | +€34,484 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €221,322 | €255,806 | +€34,484 | +15.6% |
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.