PROMISSUM: 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.
PROMISSUM
Largest movements
- Tangible fixed assets +€41,955
up €41,955 (+19.7%), from €213,134 to €255,089
of which Leasing and similar rights: +€51,289
- Cash +€15,584
up €15,584 (+69.6%), from €22,390 to €37,975
mainly Net result for the year (+€33,722) and Depreciation (+€16,806)
- Reserves +€32,056
up €32,056 (+25.6%), from €125,183 to €157,239
- Current portion of long-term debt +€14,177
up €14,177 (+64.1%), from €22,112 to €36,289
- Tax, wage and social debts +€12,094
up €12,094 (+142%), from €8,495 to €20,589
of which Taxes: +€11,286
- Gross operating margin +€24,669
up €24,669 (+45.6%), from €54,096 to €78,765
- Depreciation +€8,130
up €8,130 (+93.7%), from €8,676 to €16,806
- Taxes +€4,497
up €4,497 (+49.1%), from €9,157 to €13,654
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 | €250,015 | €305,950 | +€55,935 | +22.4% |
| Fixed assets | 21/28 | €213,134 | €255,089 | +€41,955 | +19.7% |
| Tangible fixed assets | 22/27 | €213,134 | €255,089 | +€41,955 | +19.7% |
| Land and buildings | 22 | €203,148 | €197,505 | -€5,643 | -2.8% |
| Plant, machinery and equipment | 23 | €5,214 | €2,773 | -€2,441 | -46.8% |
| Furniture and vehicles | 24 | €4,772 | €3,523 | -€1,249 | -26.2% |
| Leasing and similar rights | 25 | - | €51,289 | +€51,289 | |
| Current assets | 29/58 | €36,882 | €50,861 | +€13,979 | +37.9% |
| Amounts receivable within one year | 40/41 | €14,492 | €12,887 | -€1,605 | -11.1% |
| Trade receivables | 40 | €12,123 | €12,887 | +€763 | +6.3% |
| Other amounts receivable | 41 | €2,368 | - | -€2,368 | |
| Cash at bank and in hand | 54/58 | €22,390 | €37,975 | +€15,584 | +69.6% |
| Total equity and liabilities | 10/49 | €250,015 | €305,950 | +€55,935 | +22.4% |
| Equity | 10/15 | €125,183 | €157,239 | +€32,056 | +25.6% |
| Reserves | 13 | €125,183 | €157,239 | +€32,056 | +25.6% |
| Distributable reserves | 133 | €125,183 | €157,239 | +€32,056 | +25.6% |
| Amounts payable | 17/49 | €124,832 | €148,710 | +€23,879 | +19.1% |
| Amounts payable after more than one year | 17 | €83,094 | €81,782 | -€1,312 | -1.6% |
| Financial debts | 170/4 | €23,094 | €21,782 | -€1,312 | -5.7% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,925 | €62,680 | +€25,755 | +69.7% |
| Current portion of amounts payable after more than one year | 42 | €22,112 | €36,289 | +€14,177 | +64.1% |
| Trade debts | 44 | €2,993 | €239 | -€2,753 | -92.0% |
| Suppliers | 440/4 | €2,993 | €239 | -€2,753 | -92.0% |
| Taxes, remuneration and social security | 45 | €8,495 | €20,589 | +€12,094 | +142% |
| Taxes | 450/3 | €3,701 | €14,988 | +€11,286 | +305% |
| Remuneration and social security | 454/9 | €4,794 | €5,602 | +€808 | +16.9% |
| Other amounts payable | 47/48 | €3,326 | €5,563 | +€2,237 | +67.3% |
| Accrued charges and deferred income | 492/3 | €4,812 | €4,248 | -€564 | -11.7% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,676 | €16,806 | +€8,130 | +93.7% |
| Other operating charges | 640/8 | €6,064 | €6,659 | +€595 | +9.8% |
| Non-recurring operating charges | 66A | €314 | €903 | +€589 | +188% |
| Gross operating margin | 9900 | €54,096 | €78,765 | +€24,669 | +45.6% |
| Operating profit (loss) | 9901 | €39,042 | €54,397 | +€15,355 | +39.3% |
| Financial income | 75/76B | €83 | €101 | +€18 | +22.1% |
| Recurring financial income | 75 | €83 | €101 | +€18 | +22.1% |
| Financial charges | 65/66B | €7,667 | €7,122 | -€545 | -7.1% |
| Recurring financial charges | 65 | €7,667 | €7,122 | -€545 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €31,458 | €47,376 | +€15,918 | +50.6% |
| Income taxes | 67/77 | €9,157 | €13,654 | +€4,497 | +49.1% |
| Profit (loss) for the period | 9904 | €22,301 | €33,722 | +€11,421 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,301 | €33,722 | +€11,421 | +51.2% |
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 27 October 2026 via checked.be.