PROCARUS: 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.
PROCARUS
Largest movements
- Receivables within one year -€131,266
down €131,266 (-24.1%), from €545,719 to €414,453
of which Trade receivables: -€151,852
- Cash +€127,895
up €127,895 (+22.5%), from €568,771 to €696,666
mainly Receivables within one year (+€131,266) and Net result for the year (+€63,412)
- Reserves +€62,500
up €62,500 (+8.2%), from €763,088 to €825,588
- Trade debts -€27,033
down €27,033 (-5.6%), from €481,748 to €454,715
- Tax, wage and social debts -€24,050
no longer reported in 2026 (was €24,050)
of which Taxes: -€21,040
- Debts after one year -€19,752
down €19,752 (-14.6%), from €135,610 to €115,858
- Gross operating margin -€81,568
down €81,568 (-42.3%), from €192,818 to €111,250
- Taxes -€26,914
down €26,914 (-51.7%), from €52,075 to €25,161
- Depreciation +€4,379
up €4,379 (+29.7%), from €14,742 to €19,121
- Staff costs -€1,938
down €1,938, from €1,228 to -€710
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,430,594 | €1,422,932 | -€7,662 | -0.5% |
| Fixed assets | 21/28 | €313,405 | €306,252 | -€7,153 | -2.3% |
| Tangible fixed assets | 22/27 | €313,405 | €306,252 | -€7,153 | -2.3% |
| Land and buildings | 22 | €287,673 | €275,540 | -€12,133 | -4.2% |
| Furniture and vehicles | 24 | €8,413 | €14,366 | +€5,953 | +70.8% |
| Other tangible fixed assets | 26 | €17,319 | €16,346 | -€973 | -5.6% |
| Current assets | 29/58 | €1,117,189 | €1,116,680 | -€509 | 0.0% |
| Amounts receivable within one year | 40/41 | €545,719 | €414,453 | -€131,266 | -24.1% |
| Trade receivables | 40 | €545,627 | €393,775 | -€151,852 | -27.8% |
| Other amounts receivable | 41 | €92 | €20,678 | +€20,586 | +22376.1% |
| Cash at bank and in hand | 54/58 | €568,771 | €696,666 | +€127,895 | +22.5% |
| Deferred charges and accrued income | 490/1 | €2,699 | €5,561 | +€2,862 | +106.0% |
| Total equity and liabilities | 10/49 | €1,430,594 | €1,422,932 | -€7,662 | -0.5% |
| Equity | 10/15 | €769,636 | €832,218 | +€62,582 | +8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €763,088 | €825,588 | +€62,500 | +8.2% |
| Distributable reserves | 133 | €763,088 | €825,588 | +€62,500 | +8.2% |
| Profit (loss) carried forward | 14 | €348 | €430 | +€82 | +23.6% |
| Amounts payable | 17/49 | €660,958 | €590,714 | -€70,244 | -10.6% |
| Amounts payable after more than one year | 17 | €135,610 | €115,858 | -€19,752 | -14.6% |
| Financial debts | 170/4 | €135,610 | €115,858 | -€19,752 | -14.6% |
| Amounts payable within one year | 42/48 | €525,348 | €474,856 | -€50,492 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €19,550 | €19,752 | +€202 | +1.0% |
| Trade debts | 44 | €481,748 | €454,715 | -€27,033 | -5.6% |
| Suppliers | 440/4 | €481,748 | €454,715 | -€27,033 | -5.6% |
| Taxes, remuneration and social security | 45 | €24,050 | - | -€24,050 | |
| Taxes | 450/3 | €21,040 | - | -€21,040 | |
| Remuneration and social security | 454/9 | €3,010 | - | -€3,010 | |
| Other amounts payable | 47/48 | - | €389 | +€389 | |
| Non-recurring operating income | 76A | €10,407 | - | -€10,407 | |
| Remuneration, social security and pensions | 62 | €1,228 | -€710 | -€1,938 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,742 | €19,121 | +€4,379 | +29.7% |
| Other operating charges | 640/8 | €2,673 | €2,569 | -€104 | -3.9% |
| Gross operating margin | 9900 | €192,818 | €111,250 | -€81,568 | -42.3% |
| Operating profit (loss) | 9901 | €174,175 | €90,270 | -€83,905 | -48.2% |
| Financial income | 75/76B | €164 | €6 | -€158 | -96.3% |
| Recurring financial income | 75 | €164 | €6 | -€158 | -96.3% |
| Financial charges | 65/66B | €1,879 | €1,703 | -€176 | -9.4% |
| Recurring financial charges | 65 | €1,879 | €1,703 | -€176 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €172,460 | €88,573 | -€83,887 | -48.6% |
| Income taxes | 67/77 | €52,075 | €25,161 | -€26,914 | -51.7% |
| Profit (loss) for the period | 9904 | €120,385 | €63,412 | -€56,973 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €120,385 | €63,412 | -€56,973 | -47.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.