PROMOTEO: 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.
PROMOTEO
Largest movements
- Cash +€94,254
up €94,254 (+19.9%), from €474,551 to €568,805
mainly Debts after one year (+€206,609) and Stocks and contracts (+€92,649)
- Stocks and contracts -€92,649
down €92,649 (-5.6%), from €1.6m to €1.6m
- Receivables within one year +€34,207
up €34,207 (+493%), from €6,938 to €41,145
of which Other amounts receivable: +€36,957
- Debts after one year +€206,609
up €206,609 (+22.7%), from €910,381 to €1.1m
of which Financial debts: +€180,029
- Reserves -€73,458
down €73,458 (-32.4%), from €226,413 to €152,955
- Tax, wage and social debts -€61,664
down €61,664 (-73.5%), from €83,859 to €22,196
- Other debts -€43,000
down €43,000 (-99.8%), from €43,098 to €98
- Accrued charges and deferred income +€26,624
new in 2025: €26,624
- Gross operating margin -€282,278
down €282,278 (-71.9%), from €392,716 to €110,439
- Write-downs +€115,794
new in 2025: €115,794
- Financial charges -€47,015
down €47,015 (-41.2%), from €114,008 to €66,993
- Taxes -€22,196
down €22,196 (-100.0%), from €22,196 to €0
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 | €2,129,432 | €2,165,812 | +€36,380 | +1.7% |
| Current assets | 29/58 | €2,129,432 | €2,165,812 | +€36,380 | +1.7% |
| Stocks and contracts in progress | 3 | €1,644,648 | €1,552,000 | -€92,649 | -5.6% |
| Stocks | 30/36 | €1,644,648 | €1,552,000 | -€92,649 | -5.6% |
| Amounts receivable within one year | 40/41 | €6,938 | €41,145 | +€34,207 | +493% |
| Trade receivables | 40 | €6,500 | €3,750 | -€2,750 | -42.3% |
| Other amounts receivable | 41 | €438 | €37,395 | +€36,957 | +8,438% |
| Cash at bank and in hand | 54/58 | €474,551 | €568,805 | +€94,254 | +19.9% |
| Deferred charges and accrued income | 490/1 | €3,295 | €3,862 | +€568 | +17.2% |
| Total equity and liabilities | 10/49 | €2,129,432 | €2,165,812 | +€36,380 | +1.7% |
| Equity | 10/15 | €1,071,413 | €997,955 | -€73,458 | -6.9% |
| Contributions | 10/11 | €845,000 | €845,000 | = | 0.0% |
| Reserves | 13 | €226,413 | €152,955 | -€73,458 | -32.4% |
| Distributable reserves | 133 | €226,413 | €152,955 | -€73,458 | -32.4% |
| Amounts payable | 17/49 | €1,058,019 | €1,167,857 | +€109,838 | +10.4% |
| Amounts payable after more than one year | 17 | €910,381 | €1,116,989 | +€206,609 | +22.7% |
| Financial debts | 170/4 | €767,881 | €947,910 | +€180,029 | +23.4% |
| Other amounts payable | 178/9 | €142,500 | €169,080 | +€26,580 | +18.7% |
| Amounts payable within one year | 42/48 | €147,639 | €24,244 | -€123,395 | -83.6% |
| Trade debts | 44 | €20,682 | €1,950 | -€18,732 | -90.6% |
| Suppliers | 440/4 | €20,682 | €1,950 | -€18,732 | -90.6% |
| Taxes, remuneration and social security | 45 | €83,859 | €22,196 | -€61,664 | -73.5% |
| Taxes | 450/3 | €83,859 | €22,196 | -€61,664 | -73.5% |
| Other amounts payable | 47/48 | €43,098 | €98 | -€43,000 | -99.8% |
| Accrued charges and deferred income | 492/3 | - | €26,624 | +€26,624 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €115,794 | +€115,794 | |
| Other operating charges | 640/8 | €968 | €1,109 | +€142 | +14.7% |
| Gross operating margin | 9900 | €392,716 | €110,439 | -€282,278 | -71.9% |
| Operating profit (loss) | 9901 | €391,749 | -€6,465 | -€398,214 | |
| Financial charges | 65/66B | €114,008 | €66,993 | -€47,015 | -41.2% |
| Recurring financial charges | 65 | €114,008 | €66,993 | -€47,015 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €277,741 | -€73,458 | -€351,199 | |
| Income taxes | 67/77 | €22,196 | €0 | -€22,196 | -100.0% |
| Profit (loss) for the period | 9904 | €255,545 | -€73,458 | -€329,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €255,545 | -€73,458 | -€329,003 |
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 19 October 2026 via checked.be.