PROMO-CONNECT: 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.
PROMO-CONNECT
Largest movements
- Stocks and contracts -€144,347
down €144,347 (-25.3%), from €571,429 to €427,081
- Cash +€133,261
up €133,261 (+815%), from €16,347 to €149,608
mainly Stocks and contracts (+€144,347) and Net result for the year (+€100,728)
- Receivables within one year +€56,055
up €56,055 (+17.0%), from €328,798 to €384,853
of which Other amounts receivable: +€58,733
- Tangible fixed assets +€17,431
up €17,431 (+158%), from €11,017 to €28,448
of which Furniture and vehicles: +€16,810
- Reserves +€100,728
up €100,728 (+32.5%), from €310,059 to €410,787
- Trade debts -€66,558
down €66,558 (-50.4%), from €132,071 to €65,512
- Tax, wage and social debts +€65,580
up €65,580 (+61.8%), from €106,051 to €171,631
of which Taxes: +€72,079
- Other debts -€40,310
down €40,310 (-19.3%), from €209,093 to €168,783
- Gross operating margin -€30,270
down €30,270 (-15.3%), from €197,676 to €167,405
- Depreciation +€2,878
up €2,878 (+330%), from €873 to €3,751
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €939,459 | €1,001,226 | +€61,767 | +6.6% |
| Fixed assets | 21/28 | €21,017 | €38,448 | +€17,431 | +82.9% |
| Tangible fixed assets | 22/27 | €11,017 | €28,448 | +€17,431 | +158% |
| Plant, machinery and equipment | 23 | €10,986 | €8,635 | -€2,352 | -21.4% |
| Furniture and vehicles | 24 | €30 | €16,841 | +€16,810 | +55,443% |
| Other tangible fixed assets | 26 | - | €2,972 | +€2,972 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €918,442 | €962,778 | +€44,336 | +4.8% |
| Stocks and contracts in progress | 3 | €571,429 | €427,081 | -€144,347 | -25.3% |
| Stocks | 30/36 | €571,429 | €427,081 | -€144,347 | -25.3% |
| Amounts receivable within one year | 40/41 | €328,798 | €384,853 | +€56,055 | +17.0% |
| Trade receivables | 40 | €307,075 | €304,397 | -€2,678 | -0.9% |
| Other amounts receivable | 41 | €21,723 | €80,456 | +€58,733 | +270% |
| Cash at bank and in hand | 54/58 | €16,347 | €149,608 | +€133,261 | +815% |
| Deferred charges and accrued income | 490/1 | €1,869 | €1,236 | -€633 | -33.9% |
| Total equity and liabilities | 10/49 | €939,459 | €1,001,226 | +€61,767 | +6.6% |
| Equity | 10/15 | €328,659 | €429,387 | +€100,728 | +30.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €310,059 | €410,787 | +€100,728 | +32.5% |
| Distributable reserves | 133 | €310,059 | €410,787 | +€100,728 | +32.5% |
| Amounts payable | 17/49 | €610,800 | €571,838 | -€38,961 | -6.4% |
| Amounts payable after more than one year | 17 | €147,740 | €144,374 | -€3,366 | -2.3% |
| Financial debts | 170/4 | €147,740 | €144,374 | -€3,366 | -2.3% |
| Amounts payable within one year | 42/48 | €463,060 | €427,465 | -€35,595 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €15,845 | €21,538 | +€5,693 | +35.9% |
| Trade debts | 44 | €132,071 | €65,512 | -€66,558 | -50.4% |
| Suppliers | 440/4 | €132,071 | €65,512 | -€66,558 | -50.4% |
| Taxes, remuneration and social security | 45 | €106,051 | €171,631 | +€65,580 | +61.8% |
| Taxes | 450/3 | €88,182 | €160,261 | +€72,079 | +81.7% |
| Remuneration and social security | 454/9 | €17,869 | €11,371 | -€6,499 | -36.4% |
| Other amounts payable | 47/48 | €209,093 | €168,783 | -€40,310 | -19.3% |
| Non-recurring operating income | 76A | €4,050 | €450 | -€3,600 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €873 | €3,751 | +€2,878 | +330% |
| Gross operating margin | 9900 | €197,676 | €167,405 | -€30,270 | -15.3% |
| Operating profit (loss) | 9901 | €196,803 | €163,654 | -€33,148 | -16.8% |
| Financial income | 75/76B | €78 | €98 | +€21 | +26.6% |
| Recurring financial income | 75 | €78 | €98 | +€21 | +26.6% |
| Financial charges | 65/66B | €12,428 | €11,571 | -€856 | -6.9% |
| Recurring financial charges | 65 | €12,428 | €11,571 | -€856 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €184,453 | €152,181 | -€32,271 | -17.5% |
| Income taxes | 67/77 | €52,879 | €51,453 | -€1,426 | -2.7% |
| Profit (loss) for the period | 9904 | €131,574 | €100,728 | -€30,845 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €131,574 | €100,728 | -€30,845 | -23.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.