PROMIBEL: 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
PROMIBEL
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€14,982
2025 · €854+€14,128
Equity
€329,334
2025 · €314,352+€14,982
Cash
€24,645
2025 · €29,194-€4,549
Balance sheet total
€1.6m
2025 · €1.7m-€38,059
Largest movements
Assets
- Tangible fixed assets -€44,584
down €44,584 (-2.7%), from €1.6m to €1.6m
Equity and liabilities
- Debts after one year -€52,039
down €52,039 (-4.3%), from €1.2m to €1.2m
Income statement
- Financial charges -€14,977
down €14,977 (-17.1%), from €87,434 to €72,458
From the 2025 result to the 2026 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 2025
€854
Gross operating margin
-€1,343
Depreciation
+€641
Other operating charges
-€146
Financial charges
+€14,977
Result 2026
€14,982
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€45,121
Investment
€0
Financing
-€49,670
Cash 2025
€29,194
From operations (derived)
+€45,121
Net result for the year
+€14,982
Depreciation
+€44,584
Receivables after one year
-€11,074
Trade debts
+€12
Tax, wage and social debts
-€757
Accrued charges and deferred income
-€2,625
Financing
-€49,670
Debts after one year
-€52,039
Current portion of long-term debt
+€2,369
Cash 2026
€24,645
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,676,914 | €1,638,856 | -€38,059 | -2.3% |
| Fixed assets | 21/28 | €1,647,721 | €1,603,137 | -€44,584 | -2.7% |
| Tangible fixed assets | 22/27 | €1,647,721 | €1,603,137 | -€44,584 | -2.7% |
| Land and buildings | 22 | €1,647,721 | €1,603,137 | -€44,584 | -2.7% |
| Current assets | 29/58 | €29,194 | €35,719 | +€6,525 | +22.4% |
| Amounts receivable after more than one year | 29 | - | €11,074 | +€11,074 | |
| Other amounts receivable | 291 | - | €11,074 | +€11,074 | |
| Cash at bank and in hand | 54/58 | €29,194 | €24,645 | -€4,549 | -15.6% |
| Total equity and liabilities | 10/49 | €1,676,914 | €1,638,856 | -€38,059 | -2.3% |
| Equity | 10/15 | €314,352 | €329,334 | +€14,982 | +4.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €247,268 | €247,268 | = | 0.0% |
| Distributable reserves | 133 | €247,268 | €247,268 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,916 | -€117,934 | +€14,982 | +11.3% |
| Amounts payable | 17/49 | €1,362,562 | €1,309,522 | -€53,040 | -3.9% |
| Amounts payable after more than one year | 17 | €1,218,398 | €1,166,358 | -€52,039 | -4.3% |
| Financial debts | 170/4 | €1,218,398 | €1,166,358 | -€52,039 | -4.3% |
| Amounts payable within one year | 42/48 | €134,856 | €136,480 | +€1,624 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €33,584 | €35,953 | +€2,369 | +7.1% |
| Trade debts | 44 | €363 | €375 | +€12 | +3.3% |
| Suppliers | 440/4 | €363 | €375 | +€12 | +3.3% |
| Taxes, remuneration and social security | 45 | €909 | €152 | -€757 | -83.3% |
| Taxes | 450/3 | €909 | €152 | -€757 | -83.3% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,308 | €6,683 | -€2,625 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,225 | €44,584 | -€641 | -1.4% |
| Other operating charges | 640/8 | €4,820 | €4,966 | +€146 | +3.0% |
| Gross operating margin | 9900 | €138,332 | €136,990 | -€1,343 | -1.0% |
| Operating profit (loss) | 9901 | €88,288 | €87,439 | -€849 | -1.0% |
| Financial charges | 65/66B | €87,434 | €72,458 | -€14,977 | -17.1% |
| Recurring financial charges | 65 | €87,434 | €72,458 | -€14,977 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €854 | €14,982 | +€14,128 | +1,655% |
| Profit (loss) for the period | 9904 | €854 | €14,982 | +€14,128 | +1,655% |
| Profit (loss) for the period to be appropriated | 9905 | €854 | €14,982 | +€14,128 | +1,655% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.