PROMOVE: 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.
PROMOVE
Largest movements
- Cash +€367,270
up €367,270 (+159%), from €231,363 to €598,632
mainly Contributions, distributions and other (+€600,000) and Depreciation (+€75,221)
- Current investments -€65,650
down €65,650 (-7.2%), from €907,037 to €841,387
- Receivables within one year -€43,780
down €43,780 (-22.6%), from €193,732 to €149,952
of which Trade receivables: -€50,748
- Intangible fixed assets -€30,000
down €30,000 (-33.3%), from €90,000 to €60,000
- Deferred charges and accrued income +€28,201
up €28,201 (+76.1%), from €37,035 to €65,235
- Contributions +€600,000
up €600,000 (+17.0%), from €3.5m to €4.1m
- Profit (loss) carried forward -€262,007
down €262,007 (-11.8%), from -€2.2m to -€2.5m
- Trade debts -€54,862
down €54,862 (-39.5%), from €138,818 to €83,956
- Gross operating margin +€62,590
up €62,590 (+545%), from €11,475 to €74,065
- Staff costs +€32,611
up €32,611 (+14.0%), from €233,254 to €265,865
- Depreciation -€28,084
down €28,084 (-27.2%), from €103,305 to €75,221
- Financial income +€21,694
up €21,694 (+43.2%), from €50,275 to €71,969
of which Non-recurring financial income: +€21,295
- Financial charges +€8,938
up €8,938 (+16.9%), from €52,925 to €61,863
of which Financial charges: +€8,552
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 | €1,537,683 | €1,807,710 | +€270,027 | +17.6% |
| Fixed assets | 21/28 | €168,517 | €152,503 | -€16,014 | -9.5% |
| Intangible fixed assets | 21 | €90,000 | €60,000 | -€30,000 | -33.3% |
| Tangible fixed assets | 22/27 | €78,293 | €92,280 | +€13,986 | +17.9% |
| Land and buildings | 22 | €8,286 | €17,353 | +€9,067 | +109% |
| Plant, machinery and equipment | 23 | €29,877 | €34,871 | +€4,993 | +16.7% |
| Furniture and vehicles | 24 | €40,130 | €40,056 | -€75 | -0.2% |
| Financial fixed assets | 28 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €1,369,166 | €1,655,207 | +€286,040 | +20.9% |
| Amounts receivable within one year | 40/41 | €193,732 | €149,952 | -€43,780 | -22.6% |
| Trade receivables | 40 | €177,397 | €126,650 | -€50,748 | -28.6% |
| Other amounts receivable | 41 | €16,334 | €23,302 | +€6,968 | +42.7% |
| Current investments | 50/53 | €907,037 | €841,387 | -€65,650 | -7.2% |
| Cash at bank and in hand | 54/58 | €231,363 | €598,632 | +€367,270 | +159% |
| Deferred charges and accrued income | 490/1 | €37,035 | €65,235 | +€28,201 | +76.1% |
| Total equity and liabilities | 10/49 | €1,537,683 | €1,807,710 | +€270,027 | +17.6% |
| Equity | 10/15 | €1,339,818 | €1,677,811 | +€337,993 | +25.2% |
| Contributions | 10/11 | €3,520,460 | €4,120,460 | +€600,000 | +17.0% |
| Reserves | 13 | €47,365 | €47,365 | = | 0.0% |
| Distributable reserves | 133 | €47,365 | €47,365 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,228,007 | -€2,490,014 | -€262,007 | -11.8% |
| Amounts payable | 17/49 | €197,866 | €129,899 | -€67,967 | -34.3% |
| Amounts payable within one year | 42/48 | €197,866 | €129,899 | -€67,967 | -34.3% |
| Trade debts | 44 | €138,818 | €83,956 | -€54,862 | -39.5% |
| Suppliers | 440/4 | €138,818 | €83,956 | -€54,862 | -39.5% |
| Taxes, remuneration and social security | 45 | €59,048 | €45,944 | -€13,105 | -22.2% |
| Taxes | 450/3 | €35,066 | €14,557 | -€20,509 | -58.5% |
| Remuneration and social security | 454/9 | €23,982 | €31,386 | +€7,405 | +30.9% |
| Non-recurring operating income | 76A | €8,556 | - | -€8,556 | |
| Remuneration, social security and pensions | 62 | €233,254 | €265,865 | +€32,611 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,305 | €75,221 | -€28,084 | -27.2% |
| Other operating charges | 640/8 | €3,070 | €5,093 | +€2,023 | +65.9% |
| Gross operating margin | 9900 | €11,475 | €74,065 | +€62,590 | +545% |
| Operating profit (loss) | 9901 | -€328,154 | -€272,113 | +€56,040 | +17.1% |
| Financial income | 75/76B | €50,275 | €71,969 | +€21,694 | +43.2% |
| Recurring financial income | 75 | €36,781 | €37,180 | +€399 | +1.1% |
| Non-recurring financial income | 76B | €13,494 | €34,789 | +€21,295 | +158% |
| Financial charges | 65/66B | €52,925 | €61,863 | +€8,938 | +16.9% |
| Recurring financial charges | 65 | €42,700 | €51,251 | +€8,552 | +20.0% |
| Non-recurring financial charges | 66B | €10,225 | €10,611 | +€386 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€330,804 | -€262,007 | +€68,797 | +20.8% |
| Profit (loss) for the period | 9904 | -€330,804 | -€262,007 | +€68,797 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€330,804 | -€262,007 | +€68,797 | +20.8% |
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 14 October 2026 via checked.be.