PROMOVIP: 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.
PROMOVIP
Largest movements
- Receivables within one year -€410,918
down €410,918 (-63.4%), from €648,614 to €237,695
of which Other amounts receivable: -€281,280
- Cash +€66,126
up €66,126 (+144%), from €45,856 to €111,982
mainly Net result for the year (+€700,172) and Receivables within one year (+€410,918)
- Tangible fixed assets -€58,525
down €58,525 (-4.5%), from €1.3m to €1.2m
of which Land and buildings: -€83,466
- Reserves -€419,828
down €419,828 (-24.2%), from €1.7m to €1.3m
of which Distributable reserves: -€419,828
- Other debts +€115,000
up €115,000 (+16.3%), from €705,000 to €820,000
- Debts after one year -€91,931
down €91,931 (-11.5%), from €802,355 to €710,424
- Financial income +€514,428
up €514,428 (+562%), from €91,536 to €605,964
- Gross operating margin -€179,373
down €179,373 (-17.4%), from €1.0m to €851,564
- Taxes -€58,513
down €58,513 (-55.3%), from €105,762 to €47,249
- Staff costs +€55,899
up €55,899 (+11.1%), from €503,911 to €559,810
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 | €4,634,869 | €4,230,004 | -€404,865 | -8.7% |
| Fixed assets | 21/28 | €3,939,312 | €3,879,240 | -€60,072 | -1.5% |
| Tangible fixed assets | 22/27 | €1,303,767 | €1,245,242 | -€58,525 | -4.5% |
| Land and buildings | 22 | €1,236,591 | €1,153,125 | -€83,466 | -6.7% |
| Furniture and vehicles | 24 | €40,623 | €27,974 | -€12,649 | -31.1% |
| Other tangible fixed assets | 26 | €26,553 | €64,143 | +€37,590 | +142% |
| Financial fixed assets | 28 | €2,635,545 | €2,633,998 | -€1,547 | -0.1% |
| Current assets | 29/58 | €695,557 | €350,764 | -€344,793 | -49.6% |
| Amounts receivable within one year | 40/41 | €648,614 | €237,695 | -€410,918 | -63.4% |
| Trade receivables | 40 | €194,819 | €65,180 | -€129,639 | -66.5% |
| Other amounts receivable | 41 | €453,795 | €172,516 | -€281,280 | -62.0% |
| Cash at bank and in hand | 54/58 | €45,856 | €111,982 | +€66,126 | +144% |
| Deferred charges and accrued income | 490/1 | €1,087 | €1,087 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,634,869 | €4,230,004 | -€404,865 | -8.7% |
| Equity | 10/15 | €2,733,070 | €2,313,242 | -€419,828 | -15.4% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €1,733,070 | €1,313,242 | -€419,828 | -24.2% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €1,633,070 | €1,213,242 | -€419,828 | -25.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,901,799 | €1,916,762 | +€14,963 | +0.8% |
| Amounts payable after more than one year | 17 | €802,355 | €710,424 | -€91,931 | -11.5% |
| Financial debts | 170/4 | €802,355 | €710,424 | -€91,931 | -11.5% |
| Amounts payable within one year | 42/48 | €1,076,456 | €1,206,338 | +€129,881 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €89,121 | €91,998 | +€2,876 | +3.2% |
| Financial debts | 43 | €72,708 | €82,734 | +€10,026 | +13.8% |
| Credit institutions | 430/8 | €72,708 | €82,734 | +€10,026 | +13.8% |
| Trade debts | 44 | €18,202 | €53,555 | +€35,354 | +194% |
| Suppliers | 440/4 | €18,202 | €53,555 | +€35,354 | +194% |
| Taxes, remuneration and social security | 45 | €191,425 | €158,050 | -€33,374 | -17.4% |
| Taxes | 450/3 | €117,706 | €73,646 | -€44,060 | -37.4% |
| Remuneration and social security | 454/9 | €73,719 | €84,404 | +€10,685 | +14.5% |
| Other amounts payable | 47/48 | €705,000 | €820,000 | +€115,000 | +16.3% |
| Accrued charges and deferred income | 492/3 | €22,987 | €0 | -€22,987 | -100% |
| Remuneration, social security and pensions | 62 | €503,911 | €559,810 | +€55,899 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,534 | €102,126 | +€2,592 | +2.6% |
| Other operating charges | 640/8 | €5,307 | €5,635 | +€328 | +6.2% |
| Gross operating margin | 9900 | €1,030,937 | €851,564 | -€179,373 | -17.4% |
| Operating profit (loss) | 9901 | €422,185 | €183,993 | -€238,192 | -56.4% |
| Financial income | 75/76B | €91,536 | €605,964 | +€514,428 | +562% |
| Recurring financial income | 75 | €91,536 | €605,964 | +€514,428 | +562% |
| Financial charges | 65/66B | €45,524 | €42,536 | -€2,987 | -6.6% |
| Recurring financial charges | 65 | €45,524 | €42,536 | -€2,987 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €468,197 | €747,421 | +€279,224 | +59.6% |
| Income taxes | 67/77 | €105,762 | €47,249 | -€58,513 | -55.3% |
| Profit (loss) for the period | 9904 | €362,435 | €700,172 | +€337,737 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €362,435 | €700,172 | +€337,737 | +93.2% |
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.