PROSEP: 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.
PROSEP
Largest movements
- Cash -€27,407
down €27,407 (-5.9%), from €467,258 to €439,852
mainly Net result for the year (-€18,352) and Stocks and contracts (-€9,272)
- Stocks and contracts +€9,272
up €9,272 (+17.2%), from €54,061 to €63,333
- Profit (loss) carried forward -€18,352
down €18,352 (-3.8%), from €476,756 to €458,404
- Gross operating margin -€7,670
down €7,670 (-22.5%), from €34,035 to €26,365
- Write-downs +€5,903
up €5,903 (+60.6%), from -€9,740 to -€3,838
- Staff costs +€2,393
up €2,393 (+4.9%), from €48,429 to €50,822
- Financial income +€2,087
up €2,087 (+75.1%), from €2,780 to €4,868
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 | €554,805 | €533,053 | -€21,752 | -3.9% |
| Fixed assets | 21/28 | €11,539 | €11,539 | = | 0.0% |
| Tangible fixed assets | 22/27 | €11,155 | €11,155 | = | 0.0% |
| Land and buildings | 22 | €11,155 | €11,155 | = | 0.0% |
| Financial fixed assets | 28 | €384 | €384 | = | 0.0% |
| Current assets | 29/58 | €543,266 | €521,514 | -€21,752 | -4.0% |
| Stocks and contracts in progress | 3 | €54,061 | €63,333 | +€9,272 | +17.2% |
| Stocks | 30/36 | €54,061 | €63,333 | +€9,272 | +17.2% |
| Amounts receivable within one year | 40/41 | €21,946 | €18,329 | -€3,617 | -16.5% |
| Trade receivables | 40 | €21,946 | €18,329 | -€3,617 | -16.5% |
| Cash at bank and in hand | 54/58 | €467,258 | €439,852 | -€27,407 | -5.9% |
| Total equity and liabilities | 10/49 | €554,805 | €533,053 | -€21,752 | -3.9% |
| Equity | 10/15 | €532,648 | €514,296 | -€18,352 | -3.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,892 | €5,892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €892 | €892 | = | 0.0% |
| Profit (loss) carried forward | 14 | €476,756 | €458,404 | -€18,352 | -3.8% |
| Amounts payable | 17/49 | €22,157 | €18,757 | -€3,400 | -15.3% |
| Amounts payable within one year | 42/48 | €22,157 | €18,757 | -€3,400 | -15.3% |
| Trade debts | 44 | €6,900 | €6,482 | -€419 | -6.1% |
| Suppliers | 440/4 | €6,900 | €6,482 | -€419 | -6.1% |
| Taxes, remuneration and social security | 45 | €15,257 | €12,275 | -€2,982 | -19.5% |
| Remuneration and social security | 454/9 | €15,257 | €12,275 | -€2,982 | -19.5% |
| Remuneration, social security and pensions | 62 | €48,429 | €50,822 | +€2,393 | +4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,740 | -€3,838 | +€5,903 | +60.6% |
| Other operating charges | 640/8 | €2,013 | €1,952 | -€61 | -3.0% |
| Gross operating margin | 9900 | €34,035 | €26,365 | -€7,670 | -22.5% |
| Operating profit (loss) | 9901 | -€6,666 | -€22,572 | -€15,905 | -239% |
| Financial income | 75/76B | €2,780 | €4,868 | +€2,087 | +75.1% |
| Recurring financial income | 75 | €2,780 | €4,868 | +€2,087 | +75.1% |
| Financial charges | 65/66B | €873 | €648 | -€225 | -25.8% |
| Recurring financial charges | 65 | €873 | €648 | -€225 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,759 | -€18,352 | -€13,593 | -286% |
| Profit (loss) for the period | 9904 | -€4,759 | -€18,352 | -€13,593 | -286% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,759 | -€18,352 | -€13,593 | -286% |
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 31 October 2026 via checked.be.