PROCO &CO: 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 &CO
Largest movements
- Receivables within one year +€7,752
up €7,752 (+32.2%), from €24,055 to €31,807
of which Trade receivables: +€9,291
- Cash +€7,466
up €7,466 (+141.5%), from €5,277 to €12,743
mainly Tax, wage and social debts (+€15,814) and Trade debts (+€8,224)
- Tangible fixed assets -€971
down €971 (-27.8%), from €3,489 to €2,518
of which Plant, machinery and equipment: -€1,085
- Tax, wage and social debts +€15,814
up €15,814 (+258.0%), from €6,130 to €21,944
of which Remuneration and social security: +€10,566
- Current portion of long-term debt -€8,925
down €8,925 (-75.2%), from €11,864 to €2,939
- Trade debts +€8,224
up €8,224 (+556.1%), from €1,479 to €9,703
- Profit (loss) carried forward +€5,218
up €5,218, from -€796 to €4,422
- Other debts -€3,441
no longer reported in 2025 (was €3,441)
- Depreciation -€6,049
down €6,049 (-74.0%), from €8,170 to €2,121
- Gross operating margin -€4,662
down €4,662 (-29.7%), from €15,707 to €11,046
- Other operating charges -€1,771
down €1,771 (-62.8%), from €2,821 to €1,050
- Taxes +€1,142
new in 2025: €1,142
- Financial charges -€453
down €453 (-23.0%), from €1,971 to €1,518
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 | €32,821 | €47,068 | +€14,247 | +43.4% |
| Fixed assets | 21/28 | €3,489 | €2,518 | -€971 | -27.8% |
| Tangible fixed assets | 22/27 | €3,489 | €2,518 | -€971 | -27.8% |
| Plant, machinery and equipment | 23 | €1,983 | €898 | -€1,085 | -54.7% |
| Furniture and vehicles | 24 | €1,506 | €1,620 | +€114 | +7.6% |
| Current assets | 29/58 | €29,332 | €44,550 | +€15,218 | +51.9% |
| Amounts receivable within one year | 40/41 | €24,055 | €31,807 | +€7,752 | +32.2% |
| Trade receivables | 40 | €22,250 | €31,542 | +€9,291 | +41.8% |
| Other amounts receivable | 41 | €1,805 | €265 | -€1,539 | -85.3% |
| Cash at bank and in hand | 54/58 | €5,277 | €12,743 | +€7,466 | +141.5% |
| Total equity and liabilities | 10/49 | €32,821 | €47,068 | +€14,247 | +43.4% |
| Equity | 10/15 | €7,264 | €12,482 | +€5,218 | +71.8% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€796 | €4,422 | +€5,218 | |
| Amounts payable | 17/49 | €25,557 | €34,586 | +€9,029 | +35.3% |
| Amounts payable after more than one year | 17 | €2,643 | - | -€2,643 | |
| Financial debts | 170/4 | €2,643 | - | -€2,643 | |
| Amounts payable within one year | 42/48 | €22,914 | €34,586 | +€11,672 | +50.9% |
| Current portion of amounts payable after more than one year | 42 | €11,864 | €2,939 | -€8,925 | -75.2% |
| Trade debts | 44 | €1,479 | €9,703 | +€8,224 | +556.1% |
| Suppliers | 440/4 | €1,479 | €9,703 | +€8,224 | +556.1% |
| Taxes, remuneration and social security | 45 | €6,130 | €21,944 | +€15,814 | +258.0% |
| Taxes | 450/3 | - | €5,249 | +€5,249 | |
| Remuneration and social security | 454/9 | €6,130 | €16,695 | +€10,566 | +172.4% |
| Other amounts payable | 47/48 | €3,441 | - | -€3,441 | |
| Remuneration, social security and pensions | 62 | €73 | - | -€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,170 | €2,121 | -€6,049 | -74.0% |
| Other operating charges | 640/8 | €2,821 | €1,050 | -€1,771 | -62.8% |
| Gross operating margin | 9900 | €15,707 | €11,046 | -€4,662 | -29.7% |
| Operating profit (loss) | 9901 | €4,643 | €7,875 | +€3,232 | +69.6% |
| Financial income | 75/76B | €5 | €3 | -€2 | -44.9% |
| Recurring financial income | 75 | €5 | €3 | -€2 | -44.9% |
| Financial charges | 65/66B | €1,971 | €1,518 | -€453 | -23.0% |
| Recurring financial charges | 65 | €1,971 | €1,518 | -€453 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €2,677 | €6,360 | +€3,683 | +137.5% |
| Income taxes | 67/77 | - | €1,142 | +€1,142 | |
| Profit (loss) for the period | 9904 | €2,677 | €5,218 | +€2,541 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,677 | €5,218 | +€2,541 | +94.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.