Promise Construct: what changed
Two fiscal 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.
Promise Construct
Largest movements
- Cash +€16,656
up €16,656 (+101.6%), from €16,395 to €33,051
mainly Net result for the year (+€16,399) and Depreciation (+€11,767)
- Receivables within one year +€15,903
up €15,903 (+47.6%), from €33,406 to €49,309
of which Trade receivables: +€12,155
- Tangible fixed assets -€10,867
down €10,867 (-37.4%), from €29,058 to €18,191
of which Furniture and vehicles: -€10,746
- Stocks and contracts +€2,540
up €2,540 (+42.0%), from €6,050 to €8,590
- Profit (loss) carried forward +€16,399
up €16,399 (+54.8%), from €29,904 to €46,303
- Trade debts +€10,563
up €10,563 (+47.7%), from €22,132 to €32,695
- Debts after one year -€9,606
down €9,606 (-40.1%), from €23,964 to €14,358
- Tax, wage and social debts +€4,909
up €4,909 (+222.5%), from €2,206 to €7,114
of which Taxes: +€7,078
- Gross operating margin +€80,536
up €80,536 (+58.4%), from €137,813 to €218,348
- Staff costs +€48,140
up €48,140 (+44.2%), from €108,964 to €157,104
- Taxes +€11,291
up €11,291, from -€213 to €11,078
- Other operating charges +€10,902
up €10,902 (+150.0%), from €7,267 to €18,169
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.
Cash bridge derived
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 | €91,947 | €114,541 | +€22,594 | +24.6% |
| Fixed assets | 21/28 | €35,358 | €23,591 | -€11,767 | -33.3% |
| Intangible fixed assets | 21 | €6,300 | €5,400 | -€900 | -14.3% |
| Tangible fixed assets | 22/27 | €29,058 | €18,191 | -€10,867 | -37.4% |
| Plant, machinery and equipment | 23 | €121 | - | -€121 | |
| Furniture and vehicles | 24 | €28,936 | €18,191 | -€10,746 | -37.1% |
| Current assets | 29/58 | €56,589 | €90,950 | +€34,360 | +60.7% |
| Stocks and contracts in progress | 3 | €6,050 | €8,590 | +€2,540 | +42.0% |
| Stocks | 30/36 | €6,050 | €8,590 | +€2,540 | +42.0% |
| Amounts receivable within one year | 40/41 | €33,406 | €49,309 | +€15,903 | +47.6% |
| Trade receivables | 40 | €24,341 | €36,496 | +€12,155 | +49.9% |
| Other amounts receivable | 41 | €9,065 | €12,813 | +€3,749 | +41.4% |
| Cash at bank and in hand | 54/58 | €16,395 | €33,051 | +€16,656 | +101.6% |
| Deferred charges and accrued income | 490/1 | €739 | - | -€739 | |
| Total equity and liabilities | 10/49 | €91,947 | €114,541 | +€22,594 | +24.6% |
| Equity | 10/15 | €34,404 | €50,803 | +€16,399 | +47.7% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,904 | €46,303 | +€16,399 | +54.8% |
| Amounts payable | 17/49 | €57,544 | €63,738 | +€6,194 | +10.8% |
| Amounts payable after more than one year | 17 | €23,964 | €14,358 | -€9,606 | -40.1% |
| Financial debts | 170/4 | €23,964 | €14,358 | -€9,606 | -40.1% |
| Amounts payable within one year | 42/48 | €33,580 | €49,380 | +€15,800 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €9,243 | €9,571 | +€329 | +3.6% |
| Trade debts | 44 | €22,132 | €32,695 | +€10,563 | +47.7% |
| Suppliers | 440/4 | €22,132 | €32,695 | +€10,563 | +47.7% |
| Taxes, remuneration and social security | 45 | €2,206 | €7,114 | +€4,909 | +222.5% |
| Taxes | 450/3 | - | €7,078 | +€7,078 | |
| Remuneration and social security | 454/9 | €2,206 | €37 | -€2,169 | -98.3% |
| Remuneration, social security and pensions | 62 | €108,964 | €157,104 | +€48,140 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,656 | €11,767 | -€1,889 | -13.8% |
| Other operating charges | 640/8 | €7,267 | €18,169 | +€10,902 | +150.0% |
| Gross operating margin | 9900 | €137,813 | €218,348 | +€80,536 | +58.4% |
| Operating profit (loss) | 9901 | €7,926 | €31,308 | +€23,382 | +295.0% |
| Financial income | 75/76B | €5 | €30 | +€25 | +538.5% |
| Recurring financial income | 75 | €5 | €30 | +€25 | +538.5% |
| Financial charges | 65/66B | €4,454 | €3,862 | -€592 | -13.3% |
| Recurring financial charges | 65 | €4,454 | €3,862 | -€592 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €3,477 | €27,477 | +€24,000 | +690.3% |
| Income taxes | 67/77 | -€213 | €11,078 | +€11,291 | |
| Profit (loss) for the period | 9904 | €3,690 | €16,399 | +€12,709 | +344.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,690 | €16,399 | +€12,709 | +344.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.