PRO.DE.CO: 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.
PRO.DE.CO
Largest movements
- Stocks and contracts +€28,415
up €28,415 (+27.5%), from €103,320 to €131,735
- Cash +€23,281
up €23,281 (+62.4%), from €37,308 to €60,588
mainly Net result for the year (+€103,933) and Receivables within one year (+€22,924)
- Receivables within one year -€22,924
down €22,924 (-19.6%), from €117,191 to €94,267
of which Trade receivables: -€19,743
- Reserves +€16,158
up €16,158 (+9.2%), from €175,866 to €192,023
- Tax, wage and social debts +€13,329
up €13,329 (+152%), from €8,788 to €22,117
of which Taxes: +€14,584
- Trade debts -€6,861
down €6,861 (-22.2%), from €30,868 to €24,007
- Advances received +€6,001
new in 2025: €6,001
- Accrued charges and deferred income -€5,220
down €5,220 (-64.6%), from €8,087 to €2,867
- Gross operating margin +€57,867
up €57,867 (+29.0%), from €199,230 to €257,097
- Staff costs +€37,808
up €37,808 (+69.8%), from €54,202 to €92,011
- Taxes +€21,539
up €21,539 (+76.8%), from €28,045 to €49,584
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 | €309,253 | €338,636 | +€29,383 | +9.5% |
| Fixed assets | 21/28 | €45,814 | €45,664 | -€150 | -0.3% |
| Tangible fixed assets | 22/27 | €41,899 | €41,749 | -€150 | -0.4% |
| Plant, machinery and equipment | 23 | €41,899 | €39,125 | -€2,773 | -6.6% |
| Furniture and vehicles | 24 | €0 | €2,624 | +€2,624 | |
| Financial fixed assets | 28 | €3,915 | €3,915 | = | 0.0% |
| Current assets | 29/58 | €263,440 | €292,972 | +€29,533 | +11.2% |
| Stocks and contracts in progress | 3 | €103,320 | €131,735 | +€28,415 | +27.5% |
| Stocks | 30/36 | €103,320 | €131,735 | +€28,415 | +27.5% |
| Amounts receivable within one year | 40/41 | €117,191 | €94,267 | -€22,924 | -19.6% |
| Trade receivables | 40 | €28,250 | €8,507 | -€19,743 | -69.9% |
| Other amounts receivable | 41 | €88,941 | €85,761 | -€3,181 | -3.6% |
| Cash at bank and in hand | 54/58 | €37,308 | €60,588 | +€23,281 | +62.4% |
| Deferred charges and accrued income | 490/1 | €5,620 | €6,382 | +€761 | +13.5% |
| Total equity and liabilities | 10/49 | €309,253 | €338,636 | +€29,383 | +9.5% |
| Equity | 10/15 | €175,866 | €192,023 | +€16,158 | +9.2% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €175,866 | €192,023 | +€16,158 | +9.2% |
| Distributable reserves | 133 | €175,866 | €192,023 | +€16,158 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €133,387 | €146,613 | +€13,225 | +9.9% |
| Amounts payable within one year | 42/48 | €125,300 | €143,746 | +€18,446 | +14.7% |
| Financial debts | 43 | €711 | €3,488 | +€2,777 | +391% |
| Credit institutions | 430/8 | €711 | €3,488 | +€2,777 | +391% |
| Trade debts | 44 | €30,868 | €24,007 | -€6,861 | -22.2% |
| Suppliers | 440/4 | €30,868 | €24,007 | -€6,861 | -22.2% |
| Advances received on contracts in progress | 46 | - | €6,001 | +€6,001 | |
| Taxes, remuneration and social security | 45 | €8,788 | €22,117 | +€13,329 | +152% |
| Taxes | 450/3 | €25 | €14,609 | +€14,584 | +58,360% |
| Remuneration and social security | 454/9 | €8,763 | €7,508 | -€1,255 | -14.3% |
| Other amounts payable | 47/48 | €84,933 | €88,133 | +€3,199 | +3.8% |
| Accrued charges and deferred income | 492/3 | €8,087 | €2,867 | -€5,220 | -64.6% |
| Remuneration, social security and pensions | 62 | €54,202 | €92,011 | +€37,808 | +69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,501 | €8,114 | +€613 | +8.2% |
| Other operating charges | 640/8 | €2,063 | €822 | -€1,241 | -60.2% |
| Gross operating margin | 9900 | €199,230 | €257,097 | +€57,867 | +29.0% |
| Operating profit (loss) | 9901 | €135,464 | €156,151 | +€20,687 | +15.3% |
| Financial income | 75/76B | €3,574 | €4,260 | +€686 | +19.2% |
| Recurring financial income | 75 | €3,574 | €4,260 | +€686 | +19.2% |
| Financial charges | 65/66B | €6,614 | €6,893 | +€279 | +4.2% |
| Recurring financial charges | 65 | €6,614 | €6,893 | +€279 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €132,423 | €153,517 | +€21,094 | +15.9% |
| Income taxes | 67/77 | €28,045 | €49,584 | +€21,539 | +76.8% |
| Profit (loss) for the period | 9904 | €104,379 | €103,933 | -€446 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €104,379 | €103,933 | -€446 | -0.4% |
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 14 October 2026 via checked.be.