PROCALCO: 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.
PROCALCO
Largest movements
- Tangible fixed assets +€407,780
up €407,780 (+69.3%), from €588,125 to €995,905
of which Land and buildings: +€420,550
- Cash -€43,782
down €43,782 (-31.9%), from €137,039 to €93,257
mainly Investment in fixed assets (net) (-€460,888) and Other debts (-€41,285)
- Receivables within one year -€17,299
down €17,299 (-12.7%), from €136,347 to €119,048
of which Other amounts receivable: -€8,808
- Debts after one year +€259,411
up €259,411 (+224%), from €116,021 to €375,432
- Reserves +€82,761
up €82,761 (+16.3%), from €506,513 to €589,273
of which Distributable reserves: +€82,761
- Current portion of long-term debt +€50,259
up €50,259 (+181%), from €27,748 to €78,007
- Other debts -€41,285
down €41,285 (-32.5%), from €126,842 to €85,556
- Gross operating margin -€20,192
down €20,192 (-10.1%), from €200,630 to €180,438
- Taxes -€17,950
down €17,950 (-39.5%), from €45,466 to €27,516
- Depreciation +€12,252
up €12,252 (+30.0%), from €40,856 to €53,108
- Other operating charges +€2,944
up €2,944 (+36.5%), from €8,067 to €11,011
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 | €889,351 | €1,226,947 | +€337,596 | +38.0% |
| Fixed assets | 21/28 | €597,625 | €1,005,405 | +€407,780 | +68.2% |
| Tangible fixed assets | 22/27 | €588,125 | €995,905 | +€407,780 | +69.3% |
| Land and buildings | 22 | €554,089 | €974,639 | +€420,550 | +75.9% |
| Plant, machinery and equipment | 23 | €4,768 | €3,494 | -€1,275 | -26.7% |
| Furniture and vehicles | 24 | €29,267 | €17,772 | -€11,495 | -39.3% |
| Financial fixed assets | 28 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €291,726 | €221,542 | -€70,184 | -24.1% |
| Amounts receivable within one year | 40/41 | €136,347 | €119,048 | -€17,299 | -12.7% |
| Trade receivables | 40 | €120,870 | €112,380 | -€8,490 | -7.0% |
| Other amounts receivable | 41 | €15,477 | €6,668 | -€8,808 | -56.9% |
| Cash at bank and in hand | 54/58 | €137,039 | €93,257 | -€43,782 | -31.9% |
| Deferred charges and accrued income | 490/1 | €18,340 | €9,237 | -€9,103 | -49.6% |
| Total equity and liabilities | 10/49 | €889,351 | €1,226,947 | +€337,596 | +38.0% |
| Equity | 10/15 | €512,713 | €595,473 | +€82,761 | +16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €506,513 | €589,273 | +€82,761 | +16.3% |
| Tax-exempt reserves | 132 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €488,513 | €571,273 | +€82,761 | +16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €376,638 | €631,474 | +€254,836 | +67.7% |
| Amounts payable after more than one year | 17 | €116,021 | €375,432 | +€259,411 | +224% |
| Financial debts | 170/4 | €116,021 | €375,432 | +€259,411 | +224% |
| Amounts payable within one year | 42/48 | €255,682 | €250,306 | -€5,375 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €27,748 | €78,007 | +€50,259 | +181% |
| Financial debts | 43 | €1,165 | €2,773 | +€1,609 | +138% |
| Credit institutions | 430/8 | €1,165 | €2,773 | +€1,609 | +138% |
| Trade debts | 44 | €58,079 | €49,918 | -€8,162 | -14.1% |
| Suppliers | 440/4 | €58,079 | €49,918 | -€8,162 | -14.1% |
| Taxes, remuneration and social security | 45 | €41,848 | €34,051 | -€7,796 | -18.6% |
| Taxes | 450/3 | €41,848 | €34,051 | -€7,796 | -18.6% |
| Other amounts payable | 47/48 | €126,842 | €85,556 | -€41,285 | -32.5% |
| Accrued charges and deferred income | 492/3 | €4,936 | €5,736 | +€800 | +16.2% |
| Non-recurring operating income | 76A | €621 | €0 | -€621 | -100% |
| Remuneration, social security and pensions | 62 | -€209 | €0 | +€209 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,856 | €53,108 | +€12,252 | +30.0% |
| Other operating charges | 640/8 | €8,067 | €11,011 | +€2,944 | +36.5% |
| Gross operating margin | 9900 | €200,630 | €180,438 | -€20,192 | -10.1% |
| Operating profit (loss) | 9901 | €151,917 | €116,320 | -€35,597 | -23.4% |
| Financial income | 75/76B | €397 | €2,086 | +€1,689 | +425% |
| Recurring financial income | 75 | €397 | €2,086 | +€1,689 | +425% |
| Financial charges | 65/66B | €5,745 | €6,463 | +€718 | +12.5% |
| Recurring financial charges | 65 | €5,745 | €6,463 | +€718 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €146,569 | €111,943 | -€34,626 | -23.6% |
| Income taxes | 67/77 | €45,466 | €27,516 | -€17,950 | -39.5% |
| Profit (loss) for the period | 9904 | €101,103 | €84,427 | -€16,676 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,103 | €84,427 | -€16,676 | -16.5% |
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 19 October 2026 via checked.be.