PROUDMOORE: 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.
PROUDMOORE
Largest movements
- Stocks and contracts +€3.4m
up €3.4m (+2781.0%), from €122,770 to €3.5m
of which Stocks: +€3.5m
- Receivables after one year +€433,096
new in 2025: €433,096
- Debts after one year +€3.5m
new in 2025: €3.5m
of which Financial debts: +€3.5m
- Trade debts +€398,848
up €398,848 (+1499.4%), from €26,601 to €425,448
- Other debts -€50,904
down €50,904 (-100.0%), from €50,904 to €0
- Other operating charges +€11,556
up €11,556 (+2901.0%), from €398 to €11,954
- Gross operating margin -€10,579
down €10,579 (-657.1%), from -€1,610 to -€12,189
- Financial charges +€4,628
up €4,628 (+1301.3%), from €356 to €4,983
- Depreciation -€2,450
down €2,450 (-100.0%), from €2,450 to €0
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 | €134,530 | €3,972,742 | +€3.8m | +2853.1% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €134,530 | €3,972,742 | +€3.8m | +2853.1% |
| Amounts receivable after more than one year | 29 | - | €433,096 | +€433,096 | |
| Other amounts receivable | 291 | - | €433,096 | +€433,096 | |
| Stocks and contracts in progress | 3 | €122,770 | €3,537,055 | +€3.4m | +2781.0% |
| Stocks | 30/36 | - | €3,537,055 | +€3.5m | |
| Contracts in progress | 37 | €122,770 | €0 | -€122,770 | -100.0% |
| Amounts receivable within one year | 40/41 | €6,674 | €1,245 | -€5,429 | -81.3% |
| Other amounts receivable | 41 | €6,674 | €1,245 | -€5,429 | -81.3% |
| Cash at bank and in hand | 54/58 | €5,086 | €1,346 | -€3,740 | -73.5% |
| Total equity and liabilities | 10/49 | €134,530 | €3,972,742 | +€3.8m | +2853.1% |
| Equity | 10/15 | €57,025 | €27,899 | -€29,127 | -51.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,975 | -€34,101 | -€29,127 | -585.5% |
| Amounts payable | 17/49 | €77,505 | €3,944,843 | +€3.9m | +4989.8% |
| Amounts payable after more than one year | 17 | - | €3,519,395 | +€3.5m | |
| Financial debts | 170/4 | - | €3,517,995 | +€3.5m | |
| Other amounts payable | 178/9 | - | €1,400 | +€1,400 | |
| Amounts payable within one year | 42/48 | €77,505 | €425,448 | +€347,944 | +448.9% |
| Trade debts | 44 | €26,601 | €425,448 | +€398,848 | +1499.4% |
| Suppliers | 440/4 | €26,601 | €425,448 | +€398,848 | +1499.4% |
| Other amounts payable | 47/48 | €50,904 | €0 | -€50,904 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,450 | €0 | -€2,450 | -100.0% |
| Other operating charges | 640/8 | €398 | €11,954 | +€11,556 | +2901.0% |
| Gross operating margin | 9900 | -€1,610 | -€12,189 | -€10,579 | -657.1% |
| Operating profit (loss) | 9901 | -€4,458 | -€24,143 | -€19,685 | -441.5% |
| Financial charges | 65/66B | €356 | €4,983 | +€4,628 | +1301.3% |
| Recurring financial charges | 65 | €356 | €4,983 | +€4,628 | +1301.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,814 | -€29,127 | -€24,313 | -505.0% |
| Profit (loss) for the period | 9904 | -€4,814 | -€29,127 | -€24,313 | -505.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,814 | -€29,127 | -€24,313 | -505.0% |
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 7 October 2026 via checked.be.