PROCAL: 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.
PROCAL
Largest movements
- Cash +€295,694
up €295,694 (+345%), from €85,718 to €381,412
mainly Other debts (+€195,380) and Current investments (+€177,481)
- Current investments -€177,481
down €177,481 (-46.7%), from €380,235 to €202,754
- Receivables within one year -€20,227
down €20,227 (-23.1%), from €87,601 to €67,374
- Other debts +€195,380
up €195,380 (+611%), from €31,966 to €227,346
- Reserves -€103,001
down €103,001 (-20.2%), from €510,623 to €407,622
of which Distributable reserves: -€103,001
- Gross operating margin +€25,610
up €25,610 (+20.2%), from €126,569 to €152,178
- Taxes +€9,697
up €9,697 (+27.1%), from €35,842 to €45,539
- Financial income +€5,830
up €5,830 (+157%), from €3,721 to €9,551
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 | €607,878 | €705,867 | +€97,989 | +16.1% |
| Fixed assets | 21/28 | €44,125 | €44,125 | = | 0.0% |
| Tangible fixed assets | 22/27 | €44,125 | €44,125 | = | 0.0% |
| Land and buildings | 22 | €44,125 | €44,125 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €563,753 | €661,742 | +€97,989 | +17.4% |
| Amounts receivable within one year | 40/41 | €87,601 | €67,374 | -€20,227 | -23.1% |
| Trade receivables | 40 | €87,601 | €67,374 | -€20,227 | -23.1% |
| Current investments | 50/53 | €380,235 | €202,754 | -€177,481 | -46.7% |
| Cash at bank and in hand | 54/58 | €85,718 | €381,412 | +€295,694 | +345% |
| Deferred charges and accrued income | 490/1 | €10,199 | €10,202 | +€3 | 0.0% |
| Total equity and liabilities | 10/49 | €607,878 | €705,867 | +€97,989 | +16.1% |
| Equity | 10/15 | €523,023 | €420,022 | -€103,001 | -19.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €510,623 | €407,622 | -€103,001 | -20.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €508,763 | €405,762 | -€103,001 | -20.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €84,855 | €285,845 | +€200,990 | +237% |
| Amounts payable within one year | 42/48 | €81,843 | €281,652 | +€199,809 | +244% |
| Current portion of amounts payable after more than one year | 42 | €13,000 | €13,000 | = | 0.0% |
| Trade debts | 44 | €18,536 | €18,498 | -€38 | -0.2% |
| Suppliers | 440/4 | €18,536 | €18,498 | -€38 | -0.2% |
| Taxes, remuneration and social security | 45 | €18,342 | €22,808 | +€4,466 | +24.3% |
| Taxes | 450/3 | €14,886 | €19,334 | +€4,448 | +29.9% |
| Remuneration and social security | 454/9 | €3,456 | €3,474 | +€18 | +0.5% |
| Other amounts payable | 47/48 | €31,966 | €227,346 | +€195,380 | +611% |
| Accrued charges and deferred income | 492/3 | €3,012 | €4,193 | +€1,181 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122 | €0 | -€122 | -100% |
| Other operating charges | 640/8 | €510 | €524 | +€14 | +2.7% |
| Gross operating margin | 9900 | €126,569 | €152,178 | +€25,610 | +20.2% |
| Operating profit (loss) | 9901 | €125,937 | €151,655 | +€25,718 | +20.4% |
| Financial income | 75/76B | €3,721 | €9,551 | +€5,830 | +157% |
| Recurring financial income | 75 | €3,721 | €9,551 | +€5,830 | +157% |
| Financial charges | 65/66B | €2,993 | €4,195 | +€1,202 | +40.2% |
| Recurring financial charges | 65 | €2,993 | €4,195 | +€1,202 | +40.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €126,665 | €157,011 | +€30,346 | +24.0% |
| Income taxes | 67/77 | €35,842 | €45,539 | +€9,697 | +27.1% |
| Profit (loss) for the period | 9904 | €90,823 | €111,472 | +€20,649 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €90,823 | €111,472 | +€20,649 | +22.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.