PROMODENT: 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.
PROMODENT
Largest movements
- Tangible fixed assets -€1,133
no longer reported in 2023 (was €1,133)
- Receivables within one year +€575
up €575 (+7.3%), from €7,870 to €8,445
of which Other amounts receivable: +€575
- Cash -€258
down €258 (-7.5%), from €3,460 to €3,202
- Profit (loss) carried forward -€15,424
down €15,424 (-6.0%), from -€257,597 to -€273,020
- Short-term financial debts +€7,000
up €7,000 (+55.1%), from €12,700 to €19,700
- Trade debts +€5,951
up €5,951 (+1,278%), from €466 to €6,416
- Other debts +€1,657
up €1,657 (+48.7%), from €3,400 to €5,057
- Gross operating margin +€6,109
up €6,109 (+47.6%), from -€12,825 to -€6,716
- Financial charges +€1,768
up €1,768 (+246%), from €719 to €2,487
- Depreciation -€1,133
no longer reported in 2023 (was €1,133)
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,463 | €11,647 | -€816 | -6.5% |
| Fixed assets | 21/28 | €1,133 | - | -€1,133 | |
| Tangible fixed assets | 22/27 | €1,133 | - | -€1,133 | |
| Plant, machinery and equipment | 23 | €1,133 | - | -€1,133 | |
| Current assets | 29/58 | €11,330 | €11,647 | +€317 | +2.8% |
| Amounts receivable within one year | 40/41 | €7,870 | €8,445 | +€575 | +7.3% |
| Trade receivables | 40 | €7,351 | €7,351 | = | 0.0% |
| Other amounts receivable | 41 | €519 | €1,094 | +€575 | +111% |
| Cash at bank and in hand | 54/58 | €3,460 | €3,202 | -€258 | -7.5% |
| Total equity and liabilities | 10/49 | €12,463 | €11,647 | -€816 | -6.5% |
| Equity | 10/15 | -€59,282 | -€74,706 | -€15,424 | -26.0% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,597 | -€273,020 | -€15,424 | -6.0% |
| Amounts payable | 17/49 | €71,745 | €86,352 | +€14,608 | +20.4% |
| Amounts payable after more than one year | 17 | €54,479 | €54,479 | = | 0.0% |
| Other amounts payable | 178/9 | €54,479 | €54,479 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,566 | €31,173 | +€14,608 | +88.2% |
| Financial debts | 43 | €12,700 | €19,700 | +€7,000 | +55.1% |
| Credit institutions | 430/8 | €12,700 | €19,700 | +€7,000 | +55.1% |
| Trade debts | 44 | €466 | €6,416 | +€5,951 | +1,278% |
| Suppliers | 440/4 | €466 | €6,416 | +€5,951 | +1,278% |
| Other amounts payable | 47/48 | €3,400 | €5,057 | +€1,657 | +48.7% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,133 | - | -€1,133 | |
| Other operating charges | 640/8 | €506 | €384 | -€122 | -24.0% |
| Gross operating margin | 9900 | -€12,825 | -€6,716 | +€6,109 | +47.6% |
| Operating profit (loss) | 9901 | -€14,464 | -€7,101 | +€7,363 | +50.9% |
| Financial charges | 65/66B | €719 | €2,487 | +€1,768 | +246% |
| Recurring financial charges | 65 | €719 | €2,487 | +€1,768 | +246% |
| Profit (loss) for the period before taxes | 9903 | -€15,184 | -€9,588 | +€5,595 | +36.9% |
| Profit (loss) for the period | 9904 | -€15,184 | -€9,588 | +€5,595 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,184 | -€9,588 | +€5,595 | +36.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.