PROMOVEO: 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.
PROMOVEO
Largest movements
- Cash -€73,959
down €73,959 (-42.2%), from €175,076 to €101,117
mainly Contributions, distributions and other (-€74,458) and Receivables within one year (-€19,949)
- Receivables within one year +€19,949
up €19,949 (+557%), from €3,582 to €23,531
of which Trade receivables: +€18,293
- Reserves -€48,969
down €48,969 (-30.3%), from €161,663 to €112,694
of which Distributable reserves: -€48,969
- Tax, wage and social debts -€7,161
down €7,161 (-80.5%), from €8,899 to €1,738
of which Taxes: -€6,319
- Gross operating margin +€20,324
up €20,324 (+222%), from €9,148 to €29,472
- Financial income -€1,480
down €1,480 (-72.7%), from €2,035 to €555
- Taxes -€425
down €425 (-11.5%), from €3,709 to €3,284
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 | €180,184 | €125,363 | -€54,821 | -30.4% |
| Fixed assets | 21/28 | €908 | €454 | -€454 | -50.0% |
| Tangible fixed assets | 22/27 | €908 | €454 | -€454 | -50.0% |
| Furniture and vehicles | 24 | €908 | €454 | -€454 | -50.0% |
| Current assets | 29/58 | €179,276 | €124,909 | -€54,367 | -30.3% |
| Amounts receivable within one year | 40/41 | €3,582 | €23,531 | +€19,949 | +557% |
| Trade receivables | 40 | €3,138 | €21,431 | +€18,293 | +583% |
| Other amounts receivable | 41 | €444 | €2,100 | +€1,656 | +373% |
| Cash at bank and in hand | 54/58 | €175,076 | €101,117 | -€73,959 | -42.2% |
| Deferred charges and accrued income | 490/1 | €618 | €261 | -€357 | -57.8% |
| Total equity and liabilities | 10/49 | €180,184 | €125,363 | -€54,821 | -30.4% |
| Equity | 10/15 | €167,863 | €118,894 | -€48,969 | -29.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €161,663 | €112,694 | -€48,969 | -30.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €159,803 | €110,834 | -€48,969 | -30.6% |
| Amounts payable | 17/49 | €12,321 | €6,469 | -€5,852 | -47.5% |
| Amounts payable within one year | 42/48 | €12,321 | €6,469 | -€5,852 | -47.5% |
| Trade debts | 44 | €2,954 | €4,247 | +€1,293 | +43.8% |
| Suppliers | 440/4 | €2,954 | €4,247 | +€1,293 | +43.8% |
| Taxes, remuneration and social security | 45 | €8,899 | €1,738 | -€7,161 | -80.5% |
| Taxes | 450/3 | €6,399 | €80 | -€6,319 | -98.7% |
| Remuneration and social security | 454/9 | €2,500 | €1,658 | -€842 | -33.7% |
| Other amounts payable | 47/48 | €468 | €484 | +€16 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €454 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €9,148 | €29,472 | +€20,324 | +222% |
| Operating profit (loss) | 9901 | €8,307 | €28,618 | +€20,311 | +245% |
| Financial income | 75/76B | €2,035 | €555 | -€1,480 | -72.7% |
| Recurring financial income | 75 | €2,035 | €555 | -€1,480 | -72.7% |
| Financial charges | 65/66B | €234 | €400 | +€166 | +70.9% |
| Recurring financial charges | 65 | €234 | €400 | +€166 | +70.9% |
| Profit (loss) for the period before taxes | 9903 | €10,108 | €28,773 | +€18,665 | +185% |
| Income taxes | 67/77 | €3,709 | €3,284 | -€425 | -11.5% |
| Profit (loss) for the period | 9904 | €6,399 | €25,489 | +€19,090 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €6,399 | €25,489 | +€19,090 | +298% |
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.