PRORENO: 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
PRORENO
NACE 43.341, Painting of buildings
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€99,089
2024 · -€305,256+€404,344
Equity
€830,903
2024 · €731,815+€99,089
Cash
€10,126
2024 · €19,639-€9,513
Balance sheet total
€2.6m
2024 · €2.9m-€305,332
Largest movements
Assets
- Stocks and contracts -€233,836
down €233,836 (-37.7%), from €620,925 to €387,089
of which Contracts in progress: -€212,763
- Tangible fixed assets -€91,018
down €91,018 (-26.2%), from €347,144 to €256,126
of which Leasing and similar rights: -€86,972
Equity and liabilities
- Debts after one year -€255,894
down €255,894 (-25.5%), from €1.0m to €748,009
- Trade debts -€107,417
down €107,417 (-12.5%), from €861,915 to €754,498
- Profit (loss) carried forward +€99,089
up €99,089 (+14.2%), from €699,440 to €798,528
- Other debts -€67,077
down €67,077 (-89.6%), from €74,864 to €7,787
Income statement
- Turnover +€1.5m
up €1.5m (+17.7%), from €8.5m to €10.0m
- Goods and materials +€1.1m
up €1.1m (+18.9%), from €5.9m to €7.0m
of which Purchases: +€1.1m
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
-€305,256
Turnover
+€1.5m
Other operating income
-€15,241
Goods and materials
-€1.1m
Services and other goods
+€64,540
Staff costs
+€18,441
Depreciation
-€4,980
Write-downs
-€48,398
Other operating charges
+€5,649
Other operating items
+€17,454
Financial income
-€2,059
Financial charges
-€13,401
Taxes
+€846
Result 2025
€99,089
Cash bridge derived
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
+€259,313
Investment
-€13,236
Financing
-€255,590
Cash 2024
€19,639
From operations (derived)
+€259,313
Net result for the year
+€99,089
Depreciation
+€91,796
Stocks and contracts
+€233,836
Receivables within one year
-€16,577
Trade debts
-€107,417
Tax, wage and social debts
+€3,601
Advances received
+€22,063
Other debts
-€67,077
Investment (derived)
-€13,236
Investment in fixed assets (net)
-€13,236
Financing
-€255,590
Debts after one year
-€255,894
Current portion of long-term debt
+€305
Cash 2025
€10,126
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,935,588 | €2,630,256 | -€305,332 | -10.4% |
| Fixed assets | 21/28 | €396,709 | €318,149 | -€78,560 | -19.8% |
| Intangible fixed assets | 21 | - | €8,704 | +€8,704 | |
| Tangible fixed assets | 22/27 | €347,144 | €256,126 | -€91,018 | -26.2% |
| Plant, machinery and equipment | 23 | €48,761 | €47,418 | -€1,343 | -2.8% |
| Furniture and vehicles | 24 | €3,957 | €1,254 | -€2,703 | -68.3% |
| Leasing and similar rights | 25 | €294,425 | €207,453 | -€86,972 | -29.5% |
| Financial fixed assets | 28 | €49,565 | €53,320 | +€3,755 | +7.6% |
| Other financial fixed assets | 284/8 | €49,565 | €53,320 | +€3,755 | +7.6% |
| Shares | 284 | €350 | - | -€350 | |
| Amounts receivable and cash guarantees | 285/8 | €49,215 | €53,320 | +€4,105 | +8.3% |
| Current assets | 29/58 | €2,538,879 | €2,312,107 | -€226,772 | -8.9% |
| Stocks and contracts in progress | 3 | €620,925 | €387,089 | -€233,836 | -37.7% |
| Stocks | 30/36 | €162,809 | €141,736 | -€21,073 | -12.9% |
| Goods purchased for resale | 34 | €162,809 | €141,736 | -€21,073 | -12.9% |
| Contracts in progress | 37 | €458,116 | €245,353 | -€212,763 | -46.4% |
| Amounts receivable within one year | 40/41 | €1,898,315 | €1,914,892 | +€16,577 | +0.9% |
| Trade receivables | 40 | €1,754,064 | €1,806,086 | +€52,022 | +3.0% |
| Other amounts receivable | 41 | €144,251 | €108,806 | -€35,445 | -24.6% |
| Cash at bank and in hand | 54/58 | €19,639 | €10,126 | -€9,513 | -48.4% |
| Total equity and liabilities | 10/49 | €2,935,588 | €2,630,256 | -€305,332 | -10.4% |
| Equity | 10/15 | €731,815 | €830,903 | +€99,089 | +13.5% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €19,775 | €19,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,275 | €15,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €699,440 | €798,528 | +€99,089 | +14.2% |
| Amounts payable | 17/49 | €2,203,773 | €1,799,353 | -€404,420 | -18.4% |
| Amounts payable after more than one year | 17 | €1,003,904 | €748,009 | -€255,894 | -25.5% |
| Financial debts | 170/4 | €1,003,904 | €748,009 | -€255,894 | -25.5% |
| Leasing and similar obligations | 172 | €180,296 | €102,832 | -€77,464 | -43.0% |
| Other loans | 174 | €823,607 | €645,177 | -€178,430 | -21.7% |
| Amounts payable within one year | 42/48 | €1,199,869 | €1,051,344 | -€148,526 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €95,354 | €95,659 | +€305 | +0.3% |
| Trade debts | 44 | €861,915 | €754,498 | -€107,417 | -12.5% |
| Suppliers | 440/4 | €861,915 | €754,498 | -€107,417 | -12.5% |
| Advances received on contracts in progress | 46 | €7,613 | €29,676 | +€22,063 | +289.8% |
| Taxes, remuneration and social security | 45 | €160,123 | €163,724 | +€3,601 | +2.2% |
| Taxes | 450/3 | €32,282 | €34,394 | +€2,112 | +6.5% |
| Remuneration and social security | 454/9 | €127,841 | €129,330 | +€1,489 | +1.2% |
| Other amounts payable | 47/48 | €74,864 | €7,787 | -€67,077 | -89.6% |
| Operating income | 70/76A | €8,378,187 | €9,879,838 | +€1.5m | +17.9% |
| Turnover | 70 | €8,508,889 | €10,011,003 | +€1.5m | +17.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€225,727 | -€212,763 | +€12,964 | +5.7% |
| Other operating income | 74 | €86,487 | €71,246 | -€15,241 | -17.6% |
| Non-recurring operating income | 76A | €8,539 | €10,352 | +€1,813 | +21.2% |
| Operating charges | 60/66A | €8,629,300 | €9,711,992 | +€1.1m | +12.5% |
| Goods for resale, raw materials and consumables | 60 | €5,920,312 | €7,040,931 | +€1.1m | +18.9% |
| Purchases | 600/8 | €5,942,629 | €7,019,859 | +€1.1m | +18.1% |
| Change in stocks: decrease (increase) | 609 | -€22,318 | €21,073 | +€43,391 | |
| Services and other goods | 61 | €1,142,105 | €1,077,565 | -€64,540 | -5.7% |
| Remuneration, social security and pensions | 62 | €1,503,783 | €1,485,342 | -€18,441 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,815 | €91,796 | +€4,980 | +5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€41,792 | €6,606 | +€48,398 | |
| Other operating charges | 640/8 | €13,870 | €8,221 | -€5,649 | -40.7% |
| Non-recurring operating charges | 66A | €4,207 | €1,531 | -€2,676 | -63.6% |
| Operating profit (loss) | 9901 | -€251,112 | €167,845 | +€418,958 | |
| Financial income | 75/76B | €3,270 | €1,211 | -€2,059 | -63.0% |
| Recurring financial income | 75 | €3,270 | €1,211 | -€2,059 | -63.0% |
| Other financial income | 752/9 | €3,270 | €1,211 | -€2,059 | -63.0% |
| Financial charges | 65/66B | €55,113 | €68,514 | +€13,401 | +24.3% |
| Recurring financial charges | 65 | €55,113 | €68,514 | +€13,401 | +24.3% |
| Debt charges | 650 | €44,600 | €46,791 | +€2,191 | +4.9% |
| Other financial charges | 652/9 | €10,513 | €21,723 | +€11,210 | +106.6% |
| Profit (loss) for the period before taxes | 9903 | -€302,956 | €100,542 | +€403,498 | |
| Income taxes | 67/77 | €2,300 | €1,454 | -€846 | -36.8% |
| Taxes | 670/3 | €2,300 | €1,770 | -€530 | -23.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €316 | +€316 | |
| Profit (loss) for the period | 9904 | -€305,256 | €99,089 | +€404,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€305,256 | €99,089 | +€404,344 |
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 12 October 2026 via checked.be.