PROCO 2000: 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.
PROCO 2000
Largest movements
- Stocks and contracts -€752,283
down €752,283 (-21.8%), from €3.5m to €2.7m
of which Contracts in progress: -€809,000
- Tangible fixed assets +€201,480
up €201,480 (+27.9%), from €722,893 to €924,373
of which Land and buildings: +€201,480
- Short-term financial debts -€531,133
down €531,133 (-26.1%), from €2.0m to €1.5m
- Current portion of long-term debt -€333,389
down €333,389 (-38.2%), from €872,688 to €539,300
- Other debts +€235,560
up €235,560 (+101.3%), from €232,491 to €468,051
- Trade debts +€133,988
up €133,988 (+82.8%), from €161,781 to €295,769
- Profit (loss) carried forward -€81,134
down €81,134, from €49,501 to -€31,633
- Gross operating margin -€244,222
down €244,222 (-72.0%), from €338,978 to €94,756
- Financial charges -€87,222
down €87,222 (-40.0%), from €217,957 to €130,735
- Depreciation -€49,915
down €49,915 (-100.0%), from €49,915 to €0
- Other operating charges +€35,550
up €35,550 (+657.0%), from €5,411 to €40,960
- Taxes -€13,004
down €13,004 (-75.4%), from €17,253 to €4,249
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.
Cash bridge derived
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 | €4,499,777 | €3,905,984 | -€593,793 | -13.2% |
| Fixed assets | 21/28 | €728,393 | €930,373 | +€201,980 | +27.7% |
| Tangible fixed assets | 22/27 | €722,893 | €924,373 | +€201,480 | +27.9% |
| Land and buildings | 22 | €715,910 | €917,390 | +€201,480 | +28.1% |
| Leasing and similar rights | 25 | €6,983 | €6,983 | = | 0.0% |
| Financial fixed assets | 28 | €5,500 | €6,000 | +€500 | +9.1% |
| Current assets | 29/58 | €3,771,384 | €2,975,610 | -€795,773 | -21.1% |
| Stocks and contracts in progress | 3 | €3,451,131 | €2,698,848 | -€752,283 | -21.8% |
| Stocks | 30/36 | €1,952,131 | €2,008,848 | +€56,717 | +2.9% |
| Contracts in progress | 37 | €1,499,000 | €690,000 | -€809,000 | -54.0% |
| Amounts receivable within one year | 40/41 | €319,379 | €276,630 | -€42,750 | -13.4% |
| Trade receivables | 40 | €91,481 | €29,956 | -€61,525 | -67.3% |
| Other amounts receivable | 41 | €227,898 | €246,674 | +€18,775 | +8.2% |
| Cash at bank and in hand | 54/58 | €874 | €133 | -€741 | -84.8% |
| Total equity and liabilities | 10/49 | €4,499,777 | €3,905,984 | -€593,793 | -13.2% |
| Equity | 10/15 | €405,288 | €324,154 | -€81,134 | -20.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €293,814 | €293,814 | = | 0.0% |
| Distributable reserves | 133 | €293,814 | €293,814 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,501 | -€31,633 | -€81,134 | |
| Amounts payable | 17/49 | €4,094,488 | €3,581,829 | -€512,659 | -12.5% |
| Amounts payable after more than one year | 17 | €778,146 | €737,916 | -€40,230 | -5.2% |
| Financial debts | 170/4 | €778,146 | €737,916 | -€40,230 | -5.2% |
| Amounts payable within one year | 42/48 | €3,316,342 | €2,843,913 | -€472,429 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €872,688 | €539,300 | -€333,389 | -38.2% |
| Financial debts | 43 | €2,033,075 | €1,501,942 | -€531,133 | -26.1% |
| Credit institutions | 430/8 | €2,033,075 | €1,501,942 | -€531,133 | -26.1% |
| Trade debts | 44 | €161,781 | €295,769 | +€133,988 | +82.8% |
| Suppliers | 440/4 | €161,781 | €295,769 | +€133,988 | +82.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,307 | €38,853 | +€22,546 | +138.3% |
| Taxes | 450/3 | €16,307 | €38,853 | +€22,546 | +138.3% |
| Other amounts payable | 47/48 | €232,491 | €468,051 | +€235,560 | +101.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,915 | €0 | -€49,915 | -100.0% |
| Other operating charges | 640/8 | €5,411 | €40,960 | +€35,550 | +657.0% |
| Non-recurring operating charges | 66A | €3,550 | €0 | -€3,550 | -100.0% |
| Gross operating margin | 9900 | €338,978 | €94,756 | -€244,222 | -72.0% |
| Operating profit (loss) | 9901 | €280,103 | €53,796 | -€226,307 | -80.8% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €217,957 | €130,735 | -€87,222 | -40.0% |
| Recurring financial charges | 65 | €217,957 | €130,735 | -€87,222 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €62,146 | -€76,885 | -€139,031 | |
| Income taxes | 67/77 | €17,253 | €4,249 | -€13,004 | -75.4% |
| Profit (loss) for the period | 9904 | €44,893 | -€81,134 | -€126,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,893 | -€81,134 | -€126,027 |
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 12 October 2026 via checked.be.