PROMOTION FW: 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.
PROMOTION FW
Largest movements
- Stocks and contracts +€6,439
up €6,439 (+42.8%), from €15,030 to €21,469
- Other debts +€14,585
up €14,585 (+26.5%), from €55,000 to €69,585
- Profit (loss) carried forward -€8,180
down €8,180 (-22.1%), from -€37,084 to -€45,263
- Gross operating margin -€3,084
down €3,084 (-64.1%), from -€4,810 to -€7,894
- Other operating charges -€435
down €435 (-79.0%), from €551 to €116
- Financial income -€299
down €299 (-92.1%), from €325 to €26
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 | €116,136 | €121,406 | +€5,270 | +4.5% |
| Fixed assets | 21/28 | €77,929 | €77,929 | = | 0.0% |
| Tangible fixed assets | 22/27 | €77,929 | €77,929 | = | 0.0% |
| Land and buildings | 22 | €77,929 | €77,929 | = | 0.0% |
| Current assets | 29/58 | €38,207 | €43,477 | +€5,270 | +13.8% |
| Stocks and contracts in progress | 3 | €15,030 | €21,469 | +€6,439 | +42.8% |
| Stocks | 30/36 | €15,030 | €21,469 | +€6,439 | +42.8% |
| Amounts receivable within one year | 40/41 | €22,048 | €21,963 | -€85 | -0.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €22,048 | €21,963 | -€85 | -0.4% |
| Cash at bank and in hand | 54/58 | €1,129 | €45 | -€1,084 | -96.1% |
| Total equity and liabilities | 10/49 | €116,136 | €121,406 | +€5,270 | +4.5% |
| Equity | 10/15 | €59,395 | €51,216 | -€8,180 | -13.8% |
| Contributions | 10/11 | €96,479 | €96,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,084 | -€45,263 | -€8,180 | -22.1% |
| Amounts payable | 17/49 | €56,741 | €70,191 | +€13,450 | +23.7% |
| Amounts payable within one year | 42/48 | €56,741 | €70,191 | +€13,450 | +23.7% |
| Trade debts | 44 | €1,741 | €606 | -€1,135 | -65.2% |
| Suppliers | 440/4 | €1,741 | €606 | -€1,135 | -65.2% |
| Other amounts payable | 47/48 | €55,000 | €69,585 | +€14,585 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €551 | €116 | -€435 | -79.0% |
| Gross operating margin | 9900 | -€4,810 | -€7,894 | -€3,084 | -64.1% |
| Operating profit (loss) | 9901 | -€5,361 | -€8,010 | -€2,649 | -49.4% |
| Financial income | 75/76B | €325 | €26 | -€299 | -92.1% |
| Recurring financial income | 75 | €325 | €26 | -€299 | -92.1% |
| Financial charges | 65/66B | €135 | €196 | +€61 | +44.8% |
| Recurring financial charges | 65 | €135 | €196 | +€61 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,171 | -€8,180 | -€3,009 | -58.2% |
| Profit (loss) for the period | 9904 | -€5,171 | -€8,180 | -€3,009 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,171 | -€8,180 | -€3,009 | -58.2% |
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 25 October 2026 via checked.be.