PROCONDI: 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.
PROCONDI
Largest movements
- Current investments +€162,231
up €162,231 (+36.6%), from €443,126 to €605,357
- Cash -€128,493
down €128,493 (-89.4%), from €143,732 to €15,238
mainly Current investments (-€162,231) and Other debts (-€67,958)
- Tangible fixed assets -€67,609
down €67,609 (-5.5%), from €1.2m to €1.2m
of which Land and buildings: -€66,893
- Receivables within one year +€60,768
up €60,768 (+51.1%), from €119,036 to €179,804
of which Trade receivables: +€50,194
- Reserves +€110,337
up €110,337 (+10.4%), from €1.1m to €1.2m
of which Distributable reserves: +€110,337
- Other debts -€67,958
no longer reported in 2025 (was €67,958)
- Debts after one year -€42,846
down €42,846 (-5.5%), from €778,696 to €735,851
- Gross operating margin -€56,642
down €56,642 (-17.0%), from €333,985 to €277,342
- Other operating charges -€32,204
down €32,204 (-82.3%), from €39,131 to €6,928
- Financial income +€9,324
up €9,324 (+161.4%), from €5,778 to €15,102
- Depreciation +€7,310
up €7,310 (+9.6%), from €76,387 to €83,696
- Taxes -€5,917
down €5,917 (-9.4%), from €63,136 to €57,219
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 | €2,001,969 | €2,015,113 | +€13,144 | +0.7% |
| Fixed assets | 21/28 | €1,281,031 | €1,202,870 | -€78,162 | -6.1% |
| Intangible fixed assets | 21 | €52,498 | €41,796 | -€10,702 | -20.4% |
| Tangible fixed assets | 22/27 | €1,228,383 | €1,160,774 | -€67,609 | -5.5% |
| Land and buildings | 22 | €1,201,222 | €1,134,329 | -€66,893 | -5.6% |
| Furniture and vehicles | 24 | €3,407 | €5,927 | +€2,520 | +73.9% |
| Other tangible fixed assets | 26 | €23,754 | €20,518 | -€3,236 | -13.6% |
| Financial fixed assets | 28 | €150 | €300 | +€150 | +100.0% |
| Current assets | 29/58 | €720,938 | €812,243 | +€91,305 | +12.7% |
| Amounts receivable within one year | 40/41 | €119,036 | €179,804 | +€60,768 | +51.1% |
| Trade receivables | 40 | €117,984 | €168,179 | +€50,194 | +42.5% |
| Other amounts receivable | 41 | €1,052 | €11,626 | +€10,574 | +1005.6% |
| Current investments | 50/53 | €443,126 | €605,357 | +€162,231 | +36.6% |
| Cash at bank and in hand | 54/58 | €143,732 | €15,238 | -€128,493 | -89.4% |
| Deferred charges and accrued income | 490/1 | €15,044 | €11,843 | -€3,201 | -21.3% |
| Total equity and liabilities | 10/49 | €2,001,969 | €2,015,113 | +€13,144 | +0.7% |
| Equity | 10/15 | €1,080,244 | €1,190,580 | +€110,337 | +10.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €1,059,793 | €1,170,129 | +€110,337 | +10.4% |
| Non-distributable reserves | 130/1 | €155,301 | €155,301 | = | 0.0% |
| Own shares acquired | 1312 | €155,301 | €155,301 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €885,742 | €996,078 | +€110,337 | +12.5% |
| Amounts payable | 17/49 | €921,725 | €824,532 | -€97,193 | -10.5% |
| Amounts payable after more than one year | 17 | €778,696 | €735,851 | -€42,846 | -5.5% |
| Financial debts | 170/4 | €778,696 | €735,851 | -€42,846 | -5.5% |
| Amounts payable within one year | 42/48 | €143,029 | €88,682 | -€54,347 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €41,983 | €57,846 | +€15,863 | +37.8% |
| Trade debts | 44 | €7,530 | €11,913 | +€4,383 | +58.2% |
| Suppliers | 440/4 | €7,530 | €11,913 | +€4,383 | +58.2% |
| Taxes, remuneration and social security | 45 | €25,559 | €18,923 | -€6,636 | -26.0% |
| Taxes | 450/3 | €25,559 | €18,923 | -€6,636 | -26.0% |
| Other amounts payable | 47/48 | €67,958 | - | -€67,958 | |
| Non-recurring operating income | 76A | €23,145 | €3,243 | -€19,902 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,387 | €83,696 | +€7,310 | +9.6% |
| Other operating charges | 640/8 | €39,131 | €6,928 | -€32,204 | -82.3% |
| Non-recurring operating charges | 66A | - | €8,735 | +€8,735 | |
| Gross operating margin | 9900 | €333,985 | €277,342 | -€56,642 | -17.0% |
| Operating profit (loss) | 9901 | €218,467 | €177,983 | -€40,483 | -18.5% |
| Financial income | 75/76B | €5,778 | €15,102 | +€9,324 | +161.4% |
| Recurring financial income | 75 | €5,778 | €15,102 | +€9,324 | +161.4% |
| Financial charges | 65/66B | €20,645 | €25,530 | +€4,885 | +23.7% |
| Recurring financial charges | 65 | €20,645 | €25,530 | +€4,885 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €203,600 | €167,556 | -€36,044 | -17.7% |
| Income taxes | 67/77 | €63,136 | €57,219 | -€5,917 | -9.4% |
| Profit (loss) for the period | 9904 | €140,464 | €110,337 | -€30,127 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €140,464 | €110,337 | -€30,127 | -21.4% |
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 10 October 2026 via checked.be.