A-PROCUREMENT: what changed
A-PROCUREMENT
Largest movements
- Receivables within one year -€50,807
down €50,807 (-30.0%), from €169,434 to €118,627
of which Trade receivables: -€30,627
- Cash +€19,861
up €19,861 (+534%), from €3,721 to €23,582
mainly Receivables within one year (+€50,807) and Net result for the year (+€20,872)
- Stocks and contracts -€10,190
down €10,190 (-83.4%), from €12,220 to €2,031
- Trade debts -€38,405
down €38,405 (-73.0%), from €52,627 to €14,222
- Other debts -€16,356
down €16,356 (-29.6%), from €55,189 to €38,833
- Tax, wage and social debts +€13,176
up €13,176 (+127%), from €10,375 to €23,551
- Gross operating margin -€14,528
down €14,528 (-30.5%), from €47,688 to €33,160
- Taxes -€1,292
down €1,292 (-13.1%), from €9,859 to €8,566
- Financial charges +€617
up €617 (+31.4%), from €1,968 to €2,585
- Other operating charges -€589
down €589 (-87.5%), from €673 to €84
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,178 | €147,464 | -€40,714 | -21.6% |
| Fixed assets | 21/28 | €2,505 | €2,923 | +€417 | +16.7% |
| Tangible fixed assets | 22/27 | €2,505 | €2,923 | +€417 | +16.7% |
| Land and buildings | 22 | €688 | €438 | -€250 | -36.4% |
| Furniture and vehicles | 24 | €1,817 | €2,485 | +€668 | +36.8% |
| Current assets | 29/58 | €185,672 | €144,541 | -€41,131 | -22.2% |
| Stocks and contracts in progress | 3 | €12,220 | €2,031 | -€10,190 | -83.4% |
| Stocks | 30/36 | €12,220 | €2,031 | -€10,190 | -83.4% |
| Amounts receivable within one year | 40/41 | €169,434 | €118,627 | -€50,807 | -30.0% |
| Trade receivables | 40 | €141,638 | €111,012 | -€30,627 | -21.6% |
| Other amounts receivable | 41 | €27,795 | €7,615 | -€20,180 | -72.6% |
| Cash at bank and in hand | 54/58 | €3,721 | €23,582 | +€19,861 | +534% |
| Deferred charges and accrued income | 490/1 | €297 | €302 | +€4 | +1.5% |
| Total equity and liabilities | 10/49 | €188,178 | €147,464 | -€40,714 | -21.6% |
| Equity | 10/15 | €69,987 | €70,858 | +€872 | +1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,987 | €20,858 | +€872 | +4.4% |
| Amounts payable | 17/49 | €118,191 | €76,606 | -€41,585 | -35.2% |
| Amounts payable within one year | 42/48 | €118,191 | €76,606 | -€41,585 | -35.2% |
| Trade debts | 44 | €52,627 | €14,222 | -€38,405 | -73.0% |
| Suppliers | 440/4 | €52,627 | €14,222 | -€38,405 | -73.0% |
| Taxes, remuneration and social security | 45 | €10,375 | €23,551 | +€13,176 | +127% |
| Taxes | 450/3 | €10,375 | €23,551 | +€13,176 | +127% |
| Other amounts payable | 47/48 | €55,189 | €38,833 | -€16,356 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €763 | €1,083 | +€319 | +41.8% |
| Other operating charges | 640/8 | €673 | €84 | -€589 | -87.5% |
| Gross operating margin | 9900 | €47,688 | €33,160 | -€14,528 | -30.5% |
| Operating profit (loss) | 9901 | €46,251 | €31,993 | -€14,258 | -30.8% |
| Financial income | 75/76B | €218 | €30 | -€188 | -86.2% |
| Recurring financial income | 75 | €218 | €30 | -€188 | -86.2% |
| Financial charges | 65/66B | €1,968 | €2,585 | +€617 | +31.4% |
| Recurring financial charges | 65 | €1,968 | €2,585 | +€617 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €44,501 | €29,438 | -€15,063 | -33.8% |
| Income taxes | 67/77 | €9,859 | €8,566 | -€1,292 | -13.1% |
| Profit (loss) for the period | 9904 | €34,642 | €20,872 | -€13,771 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,642 | €20,872 | -€13,771 | -39.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.