PROCIREP BELUX: 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.
PROCIREP BELUX
Largest movements
- Tangible fixed assets -€13,973
down €13,973 (-41.5%), from €33,693 to €19,720
of which Furniture and vehicles: -€10,040
- Receivables within one year -€9,928
down €9,928 (-14.2%), from €70,041 to €60,114
of which Other amounts receivable: -€8,691
- Stocks and contracts -€5,505
down €5,505 (-6.1%), from €89,718 to €84,213
- Current portion of long-term debt -€37,274
down €37,274 (-88.8%), from €41,957 to €4,683
- Debts after one year -€36,866
down €36,866 (-56.1%), from €65,719 to €28,853
- Short-term financial debts +€32,856
up €32,856 (+123%), from €26,698 to €59,554
of which Credit institutions: +€26,395
- Trade debts +€22,509
new in 2025: €22,509
- Tax, wage and social debts -€14,793
down €14,793 (-21.9%), from €67,456 to €52,663
of which Taxes: -€9,320
- Gross operating margin -€56,202
down €56,202 (-32.1%), from €175,170 to €118,968
- Staff costs -€16,783
down €16,783 (-15.7%), from €107,137 to €90,355
- Financial charges +€5,475
up €5,475 (+39.5%), from €13,871 to €19,346
- Taxes -€4,961
down €4,961 (-45.1%), from €11,000 to €6,039
- Depreciation +€3,843
up €3,843 (+37.9%), from €10,130 to €13,973
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 | €443,843 | €409,513 | -€34,330 | -7.7% |
| Fixed assets | 21/28 | €63,393 | €49,420 | -€13,973 | -22.0% |
| Tangible fixed assets | 22/27 | €33,693 | €19,720 | -€13,973 | -41.5% |
| Plant, machinery and equipment | 23 | €3,933 | - | -€3,933 | |
| Furniture and vehicles | 24 | €29,760 | €19,720 | -€10,040 | -33.7% |
| Financial fixed assets | 28 | €29,700 | €29,700 | = | 0.0% |
| Current assets | 29/58 | €380,450 | €360,093 | -€20,357 | -5.4% |
| Amounts receivable after more than one year | 29 | €219,063 | €215,766 | -€3,297 | -1.5% |
| Other amounts receivable | 291 | €219,063 | €215,766 | -€3,297 | -1.5% |
| Stocks and contracts in progress | 3 | €89,718 | €84,213 | -€5,505 | -6.1% |
| Stocks | 30/36 | €89,718 | €84,213 | -€5,505 | -6.1% |
| Amounts receivable within one year | 40/41 | €70,041 | €60,114 | -€9,928 | -14.2% |
| Trade receivables | 40 | €29,866 | €28,630 | -€1,237 | -4.1% |
| Other amounts receivable | 41 | €40,175 | €31,484 | -€8,691 | -21.6% |
| Cash at bank and in hand | 54/58 | €1,580 | - | -€1,580 | |
| Deferred charges and accrued income | 490/1 | €48 | - | -€48 | |
| Total equity and liabilities | 10/49 | €443,843 | €409,513 | -€34,330 | -7.7% |
| Equity | 10/15 | €141,802 | €138,957 | -€2,845 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,983 | €3,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,861 | €1,861 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,861 | €1,861 | = | 0.0% |
| Distributable reserves | 133 | €2,122 | €2,122 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,219 | €116,374 | -€2,845 | -2.4% |
| Amounts payable | 17/49 | €302,041 | €270,556 | -€31,486 | -10.4% |
| Amounts payable after more than one year | 17 | €65,719 | €28,853 | -€36,866 | -56.1% |
| Financial debts | 170/4 | €65,719 | €28,853 | -€36,866 | -56.1% |
| Amounts payable within one year | 42/48 | €236,322 | €237,020 | +€698 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €41,957 | €4,683 | -€37,274 | -88.8% |
| Financial debts | 43 | €26,698 | €59,554 | +€32,856 | +123% |
| Credit institutions | 430/8 | €26,698 | €53,093 | +€26,395 | +98.9% |
| Other loans | 439 | - | €6,461 | +€6,461 | |
| Trade debts | 44 | - | €22,509 | +€22,509 | |
| Suppliers | 440/4 | - | €22,509 | +€22,509 | |
| Taxes, remuneration and social security | 45 | €67,456 | €52,663 | -€14,793 | -21.9% |
| Taxes | 450/3 | €35,483 | €26,163 | -€9,320 | -26.3% |
| Remuneration and social security | 454/9 | €31,973 | €26,500 | -€5,473 | -17.1% |
| Other amounts payable | 47/48 | €100,211 | €97,611 | -€2,600 | -2.6% |
| Accrued charges and deferred income | 492/3 | - | €4,682 | +€4,682 | |
| Remuneration, social security and pensions | 62 | €107,137 | €90,355 | -€16,783 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,130 | €13,973 | +€3,843 | +37.9% |
| Other operating charges | 640/8 | €1,876 | €2,372 | +€496 | +26.4% |
| Gross operating margin | 9900 | €175,170 | €118,968 | -€56,202 | -32.1% |
| Operating profit (loss) | 9901 | €56,027 | €12,269 | -€43,758 | -78.1% |
| Financial income | 75/76B | €10,203 | €10,272 | +€69 | +0.7% |
| Recurring financial income | 75 | €10,203 | €10,272 | +€69 | +0.7% |
| Financial charges | 65/66B | €13,871 | €19,346 | +€5,475 | +39.5% |
| Recurring financial charges | 65 | €13,871 | €19,346 | +€5,475 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €52,358 | €3,194 | -€49,164 | -93.9% |
| Income taxes | 67/77 | €11,000 | €6,039 | -€4,961 | -45.1% |
| Profit (loss) for the period | 9904 | €41,358 | -€2,845 | -€44,203 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,358 | -€2,845 | -€44,203 |
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 17 October 2026 via checked.be.