Prosalem: 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.
Prosalem
Largest movements
- Current investments -€175,407
down €175,407 (-9.6%), from €1.8m to €1.7m
- Cash -€48,737
down €48,737 (-63.7%), from €76,540 to €27,803
mainly Other debts (-€112,418) and Current portion of long-term debt (-€57,878)
- Receivables after one year -€37,341
down €37,341 (-6.8%), from €545,448 to €508,107
- Other debts -€112,418
down €112,418 (-56.2%), from €199,944 to €87,526
- Current portion of long-term debt -€57,878
down €57,878 (-71.8%), from €80,611 to €22,734
- Profit (loss) carried forward -€51,072
down €51,072 (-12.0%), from €426,846 to €375,774
- Financial income -€107,057
down €107,057 (-47.0%), from €227,699 to €120,643
- Gross operating margin +€106,552
up €106,552 (+43.1%), from -€247,384 to -€140,831
- Financial charges -€4,647
down €4,647 (-20.9%), from €22,272 to €17,625
- Staff costs -€4,293
down €4,293 (-54.5%), from €7,884 to €3,591
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 | €2,974,851 | €2,730,533 | -€244,318 | -8.2% |
| Fixed assets | 21/28 | €424,906 | €422,753 | -€2,153 | -0.5% |
| Tangible fixed assets | 22/27 | €12,451 | €10,299 | -€2,152 | -17.3% |
| Plant, machinery and equipment | 23 | €1,232 | €982 | -€250 | -20.3% |
| Furniture and vehicles | 24 | €3,560 | €1,923 | -€1,637 | -46.0% |
| Other tangible fixed assets | 26 | €7,658 | €7,394 | -€264 | -3.5% |
| Financial fixed assets | 28 | €412,455 | €412,454 | -€1 | 0.0% |
| Current assets | 29/58 | €2,549,945 | €2,307,780 | -€242,166 | -9.5% |
| Amounts receivable after more than one year | 29 | €545,448 | €508,107 | -€37,341 | -6.8% |
| Other amounts receivable | 291 | €545,448 | €508,107 | -€37,341 | -6.8% |
| Stocks and contracts in progress | 3 | €875 | €774 | -€101 | -11.5% |
| Stocks | 30/36 | €875 | €774 | -€101 | -11.5% |
| Amounts receivable within one year | 40/41 | €93,597 | €112,611 | +€19,014 | +20.3% |
| Trade receivables | 40 | €1,974 | €1,994 | +€20 | +1.0% |
| Other amounts receivable | 41 | €91,623 | €110,616 | +€18,993 | +20.7% |
| Current investments | 50/53 | €1,831,584 | €1,656,177 | -€175,407 | -9.6% |
| Cash at bank and in hand | 54/58 | €76,540 | €27,803 | -€48,737 | -63.7% |
| Deferred charges and accrued income | 490/1 | €1,901 | €2,308 | +€406 | +21.4% |
| Total equity and liabilities | 10/49 | €2,974,851 | €2,730,533 | -€244,318 | -8.2% |
| Equity | 10/15 | €2,472,200 | €2,421,128 | -€51,072 | -2.1% |
| Contributions | 10/11 | €14,460 | €14,460 | = | 0.0% |
| Reserves | 13 | €2,030,894 | €2,030,894 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,834 | €15,834 | = | 0.0% |
| Distributable reserves | 133 | €2,015,060 | €2,015,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €426,846 | €375,774 | -€51,072 | -12.0% |
| Amounts payable | 17/49 | €502,651 | €309,405 | -€193,246 | -38.4% |
| Amounts payable after more than one year | 17 | €210,440 | €187,706 | -€22,734 | -10.8% |
| Financial debts | 170/4 | €210,440 | €187,706 | -€22,734 | -10.8% |
| Amounts payable within one year | 42/48 | €287,264 | €116,751 | -€170,513 | -59.4% |
| Current portion of amounts payable after more than one year | 42 | €80,611 | €22,734 | -€57,878 | -71.8% |
| Trade debts | 44 | €6,708 | €6,491 | -€217 | -3.2% |
| Suppliers | 440/4 | €6,708 | €6,491 | -€217 | -3.2% |
| Other amounts payable | 47/48 | €199,944 | €87,526 | -€112,418 | -56.2% |
| Accrued charges and deferred income | 492/3 | €4,948 | €4,948 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €7,884 | €3,591 | -€4,293 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,313 | €2,152 | -€161 | -7.0% |
| Other operating charges | 640/8 | €5,707 | €5,119 | -€588 | -10.3% |
| Gross operating margin | 9900 | -€247,384 | -€140,831 | +€106,552 | +43.1% |
| Operating profit (loss) | 9901 | -€263,288 | -€151,693 | +€111,595 | +42.4% |
| Financial income | 75/76B | €227,699 | €120,643 | -€107,057 | -47.0% |
| Recurring financial income | 75 | €227,699 | €120,643 | -€107,057 | -47.0% |
| Financial charges | 65/66B | €22,272 | €17,625 | -€4,647 | -20.9% |
| Recurring financial charges | 65 | €22,272 | €17,625 | -€4,647 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€57,861 | -€48,675 | +€9,185 | +15.9% |
| Income taxes | 67/77 | €2,397 | €2,397 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€60,258 | -€51,072 | +€9,185 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,258 | -€51,072 | +€9,185 | +15.2% |
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 30 October 2026 via checked.be.