PROCHECO: 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.
PROCHECO
Largest movements
- Receivables within one year +€88,953
up €88,953 (+50.5%), from €176,304 to €265,257
of which Other amounts receivable: +€82,946
- Tangible fixed assets -€51,757
down €51,757 (-16.3%), from €316,611 to €264,854
of which Land and buildings: -€44,191
- Cash -€9,450
no longer reported in 2024 (was €9,450)
mainly Receivables within one year (-€88,953) and Debts after one year (-€34,667)
- Reserves +€36,500
up €36,500 (+149.1%), from €24,481 to €60,981
of which Distributable reserves: +€36,500
- Debts after one year -€34,667
down €34,667 (-16.7%), from €208,000 to €173,333
- Short-term financial debts +€10,340
new in 2024: €10,340
- Trade debts +€8,800
up €8,800 (+33.7%), from €26,108 to €34,908
- Tax, wage and social debts +€5,733
up €5,733 (+34.4%), from €16,684 to €22,417
- Depreciation -€15,428
down €15,428 (-22.6%), from €68,416 to €52,988
- Gross operating margin +€11,782
up €11,782 (+14.3%), from €82,214 to €93,996
- Turnover +€10,502
up €10,502 (+5.6%), from €188,728 to €199,231
- Financial income +€4,980
up €4,980 (+96.7%), from €5,152 to €10,132
- Purchases and services -€3,519
down €3,519 (-3.0%), from €118,775 to €115,256
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,974 | €532,301 | +€27,327 | +5.4% |
| Fixed assets | 21/28 | €316,611 | €264,854 | -€51,757 | -16.3% |
| Tangible fixed assets | 22/27 | €316,611 | €264,854 | -€51,757 | -16.3% |
| Land and buildings | 22 | €294,886 | €250,695 | -€44,191 | -15.0% |
| Plant, machinery and equipment | 23 | €383 | - | -€383 | |
| Furniture and vehicles | 24 | €21,342 | €14,159 | -€7,183 | -33.7% |
| Current assets | 29/58 | €188,363 | €267,447 | +€79,084 | +42.0% |
| Amounts receivable within one year | 40/41 | €176,304 | €265,257 | +€88,953 | +50.5% |
| Trade receivables | 40 | €38,295 | €44,303 | +€6,007 | +15.7% |
| Other amounts receivable | 41 | €138,008 | €220,954 | +€82,946 | +60.1% |
| Cash at bank and in hand | 54/58 | €9,450 | - | -€9,450 | |
| Deferred charges and accrued income | 490/1 | €2,609 | €2,190 | -€419 | -16.1% |
| Total equity and liabilities | 10/49 | €504,974 | €532,301 | +€27,327 | +5.4% |
| Equity | 10/15 | €128,195 | €165,317 | +€37,122 | +29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,481 | €60,981 | +€36,500 | +149.1% |
| Tax-exempt reserves | 132 | €7,121 | €7,121 | = | 0.0% |
| Distributable reserves | 133 | €17,360 | €53,860 | +€36,500 | +210.3% |
| Profit (loss) carried forward | 14 | €85,114 | €85,735 | +€622 | +0.7% |
| Provisions and deferred taxes | 16 | €82,183 | €82,183 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €82,183 | €82,183 | = | 0.0% |
| Pensions and similar obligations | 160 | €82,183 | €82,183 | = | 0.0% |
| Amounts payable | 17/49 | €294,596 | €284,801 | -€9,794 | -3.3% |
| Amounts payable after more than one year | 17 | €208,000 | €173,333 | -€34,667 | -16.7% |
| Financial debts | 170/4 | €208,000 | €173,333 | -€34,667 | -16.7% |
| Amounts payable within one year | 42/48 | €77,458 | €102,331 | +€24,872 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €34,667 | €34,667 | = | 0.0% |
| Financial debts | 43 | - | €10,340 | +€10,340 | |
| Credit institutions | 430/8 | - | €10,340 | +€10,340 | |
| Trade debts | 44 | €26,108 | €34,908 | +€8,800 | +33.7% |
| Suppliers | 440/4 | €26,108 | €34,908 | +€8,800 | +33.7% |
| Taxes, remuneration and social security | 45 | €16,684 | €22,417 | +€5,733 | +34.4% |
| Taxes | 450/3 | €16,684 | €22,417 | +€5,733 | +34.4% |
| Accrued charges and deferred income | 492/3 | €9,137 | €9,137 | = | 0.0% |
| Turnover | 70 | €188,728 | €199,231 | +€10,502 | +5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,775 | €115,256 | -€3,519 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,416 | €52,988 | -€15,428 | -22.6% |
| Other operating charges | 640/8 | €2,575 | €3,532 | +€957 | +37.2% |
| Gross operating margin | 9900 | €82,214 | €93,996 | +€11,782 | +14.3% |
| Operating profit (loss) | 9901 | €11,223 | €37,476 | +€26,253 | +233.9% |
| Financial income | 75/76B | €5,152 | €10,132 | +€4,980 | +96.7% |
| Recurring financial income | 75 | €5,152 | €10,132 | +€4,980 | +96.7% |
| Financial charges | 65/66B | €6,333 | €6,582 | +€250 | +3.9% |
| Recurring financial charges | 65 | €6,333 | €6,582 | +€250 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €10,043 | €41,026 | +€30,984 | +308.5% |
| Income taxes | 67/77 | €1,092 | €3,905 | +€2,812 | +257.5% |
| Profit (loss) for the period | 9904 | €8,950 | €37,122 | +€28,171 | +314.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,950 | €37,122 | +€28,171 | +314.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.