PROMOSOL: 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.
PROMOSOL
Largest movements
- Tangible fixed assets +€140,424
up €140,424 (+4,163%), from €3,373 to €143,798
of which Land and buildings: +€119,747
- Receivables within one year +€112,367
up €112,367 (+1,514%), from €7,424 to €119,791
of which Trade receivables: +€110,479
- Cash -€98,466
down €98,466 (-79.5%), from €123,785 to €25,320
mainly Investment in fixed assets (net) (-€145,737) and Receivables within one year (-€112,367)
- Trade debts +€135,524
up €135,524 (+456%), from €29,739 to €165,263
- Profit (loss) carried forward +€38,327
up €38,327 (+117%), from €32,663 to €70,990
- Other debts -€23,341
down €23,341 (-62.5%), from €37,328 to €13,987
- Tax, wage and social debts +€3,817
up €3,817 (+52.3%), from €7,292 to €11,109
- Gross operating margin +€28,949
up €28,949 (+76.8%), from €37,675 to €66,624
- Taxes +€4,472
up €4,472 (+86.2%), from €5,186 to €9,658
- Depreciation +€4,163
up €4,163 (+362%), from €1,149 to €5,312
- Staff costs +€1,436
up €1,436 (+14.7%), from €9,790 to €11,226
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 | €134,582 | €288,908 | +€154,326 | +115% |
| Fixed assets | 21/28 | €3,373 | €143,798 | +€140,424 | +4,163% |
| Tangible fixed assets | 22/27 | €3,373 | €143,798 | +€140,424 | +4,163% |
| Land and buildings | 22 | - | €119,747 | +€119,747 | |
| Plant, machinery and equipment | 23 | €3,373 | €4,051 | +€677 | +20.1% |
| Furniture and vehicles | 24 | - | €20,000 | +€20,000 | |
| Current assets | 29/58 | €131,209 | €145,111 | +€13,902 | +10.6% |
| Amounts receivable within one year | 40/41 | €7,424 | €119,791 | +€112,367 | +1,514% |
| Trade receivables | 40 | €2,556 | €113,034 | +€110,479 | +4,323% |
| Other amounts receivable | 41 | €4,868 | €6,757 | +€1,889 | +38.8% |
| Cash at bank and in hand | 54/58 | €123,785 | €25,320 | -€98,466 | -79.5% |
| Total equity and liabilities | 10/49 | €134,582 | €288,908 | +€154,326 | +115% |
| Equity | 10/15 | €34,663 | €72,990 | +€38,327 | +111% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,663 | €70,990 | +€38,327 | +117% |
| Amounts payable | 17/49 | €99,919 | €215,918 | +€115,999 | +116% |
| Amounts payable within one year | 42/48 | €99,919 | €215,918 | +€115,999 | +116% |
| Current portion of amounts payable after more than one year | 42 | €25,560 | €25,560 | = | 0.0% |
| Trade debts | 44 | €29,739 | €165,263 | +€135,524 | +456% |
| Suppliers | 440/4 | €29,739 | €165,263 | +€135,524 | +456% |
| Taxes, remuneration and social security | 45 | €7,292 | €11,109 | +€3,817 | +52.3% |
| Taxes | 450/3 | €7,292 | €11,109 | +€3,817 | +52.3% |
| Other amounts payable | 47/48 | €37,328 | €13,987 | -€23,341 | -62.5% |
| Remuneration, social security and pensions | 62 | €9,790 | €11,226 | +€1,436 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,149 | €5,312 | +€4,163 | +362% |
| Other operating charges | 640/8 | €1,660 | €1,717 | +€57 | +3.4% |
| Gross operating margin | 9900 | €37,675 | €66,624 | +€28,949 | +76.8% |
| Operating profit (loss) | 9901 | €25,076 | €48,368 | +€23,292 | +92.9% |
| Financial income | 75/76B | €20 | €20 | -€0 | -0.5% |
| Recurring financial income | 75 | €20 | €20 | -€0 | -0.5% |
| Financial charges | 65/66B | €93 | €404 | +€311 | +334% |
| Recurring financial charges | 65 | €93 | €404 | +€311 | +334% |
| Profit (loss) for the period before taxes | 9903 | €25,003 | €47,985 | +€22,981 | +91.9% |
| Income taxes | 67/77 | €5,186 | €9,658 | +€4,472 | +86.2% |
| Profit (loss) for the period | 9904 | €19,818 | €38,327 | +€18,509 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,818 | €38,327 | +€18,509 | +93.4% |
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 18 October 2026 via checked.be.