PRORAM: 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.
What changed
PRORAM
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€419,983
2024 · €363,885+€56,098
Equity
€3.1m
2024 · €2.7m+€419,983
Cash
€129,812
2024 · €162,007-€32,195
Balance sheet total
€5.8m
2024 · €6.1m-€262,927
Largest movements
Assets
- Tangible fixed assets -€188,116
down €188,116 (-3.3%), from €5.6m to €5.5m
Equity and liabilities
- Debts after one year -€703,952
down €703,952 (-26.3%), from €2.7m to €2.0m
of which Other amounts payable: -€400,000
- Reserves +€419,983
up €419,983 (+21.7%), from €1.9m to €2.4m
of which Distributable reserves: +€212,212
Income statement
- Gross operating margin +€180,894
up €180,894 (+29.4%), from €614,882 to €795,776
- Financial income -€49,998
down €49,998 (-33.3%), from €150,000 to €100,002
- Taxes +€37,357
up €37,357 (+39.2%), from €95,350 to €132,707
- Depreciation +€33,618
up €33,618 (+16.6%), from €202,089 to €235,708
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.
Result 2024
€363,885
Gross operating margin
+€180,894
Depreciation
-€33,618
Other operating charges
-€2,256
Financial income
-€49,998
Financial charges
-€1,566
Taxes
-€37,357
Result 2025
€419,983
raises the resultlowers the result
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.
From operations
+€713,212
Investment
-€47,592
Financing
-€697,815
Cash 2024
€162,007
From operations (derived)
+€713,212
Net result for the year
+€419,983
Depreciation
+€235,708
Receivables within one year
+€41,596
Deferred charges and accrued income
+€1,021
Trade debts
+€10,337
Tax, wage and social debts
+€24,624
Other debts
-€22,091
Accrued charges and deferred income
+€2,034
Investment (derived)
-€47,592
Investment in fixed assets (net)
-€47,592
Financing
-€697,815
Debts after one year
-€703,952
Current portion of long-term debt
+€6,138
Cash 2025
€129,812
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,107,806 | €5,844,878 | -€262,927 | -4.3% |
| Fixed assets | 21/28 | €5,868,275 | €5,680,159 | -€188,116 | -3.2% |
| Tangible fixed assets | 22/27 | €5,648,762 | €5,460,646 | -€188,116 | -3.3% |
| Land and buildings | 22 | €5,648,762 | €5,460,646 | -€188,116 | -3.3% |
| Financial fixed assets | 28 | €219,513 | €219,513 | = | 0.0% |
| Current assets | 29/58 | €239,531 | €164,719 | -€74,812 | -31.2% |
| Amounts receivable within one year | 40/41 | €73,471 | €31,876 | -€41,596 | -56.6% |
| Trade receivables | 40 | €60,345 | €13,676 | -€46,670 | -77.3% |
| Other amounts receivable | 41 | €13,126 | €18,200 | +€5,074 | +38.7% |
| Cash at bank and in hand | 54/58 | €162,007 | €129,812 | -€32,195 | -19.9% |
| Deferred charges and accrued income | 490/1 | €4,052 | €3,031 | -€1,021 | -25.2% |
| Total equity and liabilities | 10/49 | €6,107,806 | €5,844,878 | -€262,927 | -4.3% |
| Equity | 10/15 | €2,690,544 | €3,110,527 | +€419,983 | +15.6% |
| Contributions | 10/11 | €757,254 | €757,254 | = | 0.0% |
| Capital | 10 | €757,254 | €757,254 | = | 0.0% |
| Issued capital | 100 | €757,254 | €757,254 | = | 0.0% |
| Reserves | 13 | €1,933,290 | €2,353,273 | +€419,983 | +21.7% |
| Non-distributable reserves | 130/1 | €60,230 | €60,230 | = | 0.0% |
| Legal reserve | 130 | €60,230 | €60,230 | = | 0.0% |
| Tax-exempt reserves | 132 | €212,636 | €420,408 | +€207,771 | +97.7% |
| Distributable reserves | 133 | €1,660,424 | €1,872,635 | +€212,212 | +12.8% |
| Amounts payable | 17/49 | €3,417,262 | €2,734,352 | -€682,910 | -20.0% |
| Amounts payable after more than one year | 17 | €2,674,825 | €1,970,872 | -€703,952 | -26.3% |
| Financial debts | 170/4 | €2,274,825 | €1,970,872 | -€303,952 | -13.4% |
| Other amounts payable | 178/9 | €400,000 | €0 | -€400,000 | -100% |
| Amounts payable within one year | 42/48 | €742,437 | €761,445 | +€19,008 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €302,100 | €308,238 | +€6,138 | +2.0% |
| Trade debts | 44 | €4,426 | €14,763 | +€10,337 | +234% |
| Suppliers | 440/4 | €4,426 | €14,763 | +€10,337 | +234% |
| Taxes, remuneration and social security | 45 | €23,656 | €48,280 | +€24,624 | +104% |
| Taxes | 450/3 | €23,656 | €46,380 | +€22,724 | +96.1% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €412,255 | €390,164 | -€22,091 | -5.4% |
| Accrued charges and deferred income | 492/3 | €0 | €2,034 | +€2,034 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202,089 | €235,708 | +€33,618 | +16.6% |
| Other operating charges | 640/8 | €41,575 | €43,832 | +€2,256 | +5.4% |
| Gross operating margin | 9900 | €614,882 | €795,776 | +€180,894 | +29.4% |
| Operating profit (loss) | 9901 | €371,217 | €516,236 | +€145,019 | +39.1% |
| Financial income | 75/76B | €150,000 | €100,002 | -€49,998 | -33.3% |
| Recurring financial income | 75 | €150,000 | €100,002 | -€49,998 | -33.3% |
| Financial charges | 65/66B | €61,982 | €63,548 | +€1,566 | +2.5% |
| Recurring financial charges | 65 | €61,982 | €63,548 | +€1,566 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €459,235 | €552,690 | +€93,455 | +20.4% |
| Income taxes | 67/77 | €95,350 | €132,707 | +€37,357 | +39.2% |
| Profit (loss) for the period | 9904 | €363,885 | €419,983 | +€56,098 | +15.4% |
| Transfer from tax-exempt reserves | 789 | €2,729 | €2,729 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €176,820 | €210,500 | +€33,680 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €189,793 | €212,212 | +€22,418 | +11.8% |
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 16 October 2026 via checked.be.