PRORENOV: what changed
Two fiscal 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.
PRORENOV
Largest movements
- Receivables within one year -€65,270
down €65,270 (-25.4%), from €256,851 to €191,581
of which Other amounts receivable: -€40,617
- Tangible fixed assets +€10,685
up €10,685 (+142.8%), from €7,483 to €18,168
of which Furniture and vehicles: +€10,830
- Cash -€4,435
down €4,435 (-91.3%), from €4,859 to €425
mainly Trade debts (-€48,623) and Contributions, distributions and other (-€20,000)
- Trade debts -€48,623
down €48,623 (-39.9%), from €122,012 to €73,389
- Reserves -€20,000
down €20,000 (-16.1%), from €124,100 to €104,100
- Profit (loss) carried forward -€16,441
down €16,441 (-41.4%), from -€39,682 to -€56,123
- Short-term financial debts +€10,128
up €10,128 (+26.9%), from €37,589 to €47,717
- Tax, wage and social debts +€8,830
up €8,830 (+52.6%), from €16,803 to €25,633
of which Remuneration and social security: +€16,841
- Gross operating margin +€110,183
up €110,183 (+79.2%), from €139,154 to €249,337
- Staff costs +€97,851
up €97,851 (+66.8%), from €146,519 to €244,370
- Depreciation -€6,419
down €6,419 (-42.1%), from €15,234 to €8,815
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,972 | €220,965 | -€61,007 | -21.6% |
| Fixed assets | 21/28 | €13,332 | €24,017 | +€10,685 | +80.1% |
| Tangible fixed assets | 22/27 | €7,483 | €18,168 | +€10,685 | +142.8% |
| Plant, machinery and equipment | 23 | €877 | €732 | -€145 | -16.5% |
| Furniture and vehicles | 24 | €6,606 | €17,436 | +€10,830 | +163.9% |
| Financial fixed assets | 28 | €5,849 | €5,849 | = | 0.0% |
| Current assets | 29/58 | €268,640 | €196,948 | -€71,692 | -26.7% |
| Amounts receivable within one year | 40/41 | €256,851 | €191,581 | -€65,270 | -25.4% |
| Trade receivables | 40 | €141,435 | €116,781 | -€24,654 | -17.4% |
| Other amounts receivable | 41 | €115,416 | €74,800 | -€40,617 | -35.2% |
| Cash at bank and in hand | 54/58 | €4,859 | €425 | -€4,435 | -91.3% |
| Deferred charges and accrued income | 490/1 | €6,930 | €4,943 | -€1,987 | -28.7% |
| Total equity and liabilities | 10/49 | €281,972 | €220,965 | -€61,007 | -21.6% |
| Equity | 10/15 | €102,968 | €66,527 | -€36,441 | -35.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €124,100 | €104,100 | -€20,000 | -16.1% |
| Distributable reserves | 133 | €124,100 | €104,100 | -€20,000 | -16.1% |
| Profit (loss) carried forward | 14 | -€39,682 | -€56,123 | -€16,441 | -41.4% |
| Amounts payable | 17/49 | €179,004 | €154,438 | -€24,566 | -13.7% |
| Amounts payable within one year | 42/48 | €176,403 | €154,438 | -€21,965 | -12.5% |
| Financial debts | 43 | €37,589 | €47,717 | +€10,128 | +26.9% |
| Credit institutions | 430/8 | €37,589 | €47,717 | +€10,128 | +26.9% |
| Trade debts | 44 | €122,012 | €73,389 | -€48,623 | -39.9% |
| Suppliers | 440/4 | €122,012 | €73,389 | -€48,623 | -39.9% |
| Taxes, remuneration and social security | 45 | €16,803 | €25,633 | +€8,830 | +52.6% |
| Taxes | 450/3 | €12,380 | €4,370 | -€8,011 | -64.7% |
| Remuneration and social security | 454/9 | €4,422 | €21,263 | +€16,841 | +380.8% |
| Other amounts payable | 47/48 | €0 | €7,700 | +€7,700 | |
| Accrued charges and deferred income | 492/3 | €2,601 | €0 | -€2,601 | -100.0% |
| Remuneration, social security and pensions | 62 | €146,519 | €244,370 | +€97,851 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,234 | €8,815 | -€6,419 | -42.1% |
| Other operating charges | 640/8 | €10,676 | €9,416 | -€1,260 | -11.8% |
| Gross operating margin | 9900 | €139,154 | €249,337 | +€110,183 | +79.2% |
| Operating profit (loss) | 9901 | -€33,275 | -€13,264 | +€20,011 | +60.1% |
| Financial income | 75/76B | €4,868 | €3,796 | -€1,072 | -22.0% |
| Recurring financial income | 75 | €4,868 | €3,796 | -€1,072 | -22.0% |
| Financial charges | 65/66B | €7,115 | €6,512 | -€604 | -8.5% |
| Recurring financial charges | 65 | €7,115 | €6,512 | -€604 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,523 | -€15,980 | +€19,543 | +55.0% |
| Income taxes | 67/77 | €507 | €461 | -€46 | -9.1% |
| Profit (loss) for the period | 9904 | -€36,030 | -€16,441 | +€19,589 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,030 | -€16,441 | +€19,589 | +54.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.