PROCOPIA: 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.
PROCOPIA
Largest movements
- Receivables within one year +€8,994
up €8,994 (+9.5%), from €94,824 to €103,817
- Deferred charges and accrued income -€5,197
down €5,197 (-70.6%), from €7,360 to €2,163
- Stocks and contracts -€1,886
down €1,886 (-4.8%), from €39,189 to €37,303
- Tangible fixed assets +€1,834
up €1,834 (+14.2%), from €12,935 to €14,769
of which Plant, machinery and equipment: +€2,094
- Profit (loss) carried forward +€50,345
up €50,345 (+27.3%), from -€184,228 to -€133,884
- Trade debts -€32,164
down €32,164 (-37.9%), from €84,926 to €52,763
- Other debts -€14,042
down €14,042 (-13.9%), from €100,951 to €86,909
- Short-term financial debts +€10,371
up €10,371 (+49.6%), from €20,894 to €31,265
- Accrued charges and deferred income -€3,892
down €3,892 (-96.1%), from €4,052 to €160
- Gross operating margin +€82,799
up €82,799 (+62.7%), from €132,007 to €214,805
- Staff costs +€29,161
up €29,161 (+24.4%), from €119,754 to €148,915
- Financial charges -€3,057
down €3,057 (-35.9%), from €8,510 to €5,453
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 | €156,015 | €160,244 | +€4,228 | +2.7% |
| Fixed assets | 21/28 | €14,100 | €15,934 | +€1,834 | +13.0% |
| Tangible fixed assets | 22/27 | €12,935 | €14,769 | +€1,834 | +14.2% |
| Plant, machinery and equipment | 23 | €8,421 | €10,515 | +€2,094 | +24.9% |
| Furniture and vehicles | 24 | €1,619 | €684 | -€935 | -57.7% |
| Other tangible fixed assets | 26 | €2,894 | €3,569 | +€675 | +23.3% |
| Financial fixed assets | 28 | €1,165 | €1,165 | = | 0.0% |
| Current assets | 29/58 | €141,915 | €144,310 | +€2,394 | +1.7% |
| Stocks and contracts in progress | 3 | €39,189 | €37,303 | -€1,886 | -4.8% |
| Stocks | 30/36 | €39,189 | €37,303 | -€1,886 | -4.8% |
| Amounts receivable within one year | 40/41 | €94,824 | €103,817 | +€8,994 | +9.5% |
| Trade receivables | 40 | €94,824 | €103,817 | +€8,994 | +9.5% |
| Current investments | 50/53 | €425 | €0 | -€425 | -100.0% |
| Cash at bank and in hand | 54/58 | €117 | €1,026 | +€909 | +774.4% |
| Deferred charges and accrued income | 490/1 | €7,360 | €2,163 | -€5,197 | -70.6% |
| Total equity and liabilities | 10/49 | €156,015 | €160,244 | +€4,228 | +2.7% |
| Equity | 10/15 | -€98,728 | -€48,384 | +€50,345 | +51.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €20,500 | €20,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,228 | -€133,884 | +€50,345 | +27.3% |
| Amounts payable | 17/49 | €254,744 | €208,627 | -€46,116 | -18.1% |
| Amounts payable after more than one year | 17 | €16,029 | €12,934 | -€3,096 | -19.3% |
| Financial debts | 170/4 | €16,029 | €12,934 | -€3,096 | -19.3% |
| Amounts payable within one year | 42/48 | €234,662 | €195,534 | -€39,128 | -16.7% |
| Financial debts | 43 | €20,894 | €31,265 | +€10,371 | +49.6% |
| Credit institutions | 430/8 | €20,894 | €31,265 | +€10,371 | +49.6% |
| Trade debts | 44 | €84,926 | €52,763 | -€32,164 | -37.9% |
| Suppliers | 440/4 | €84,926 | €52,763 | -€32,164 | -37.9% |
| Taxes, remuneration and social security | 45 | €27,891 | €24,597 | -€3,294 | -11.8% |
| Taxes | 450/3 | €6,171 | €8,294 | +€2,123 | +34.4% |
| Remuneration and social security | 454/9 | €21,720 | €16,303 | -€5,417 | -24.9% |
| Other amounts payable | 47/48 | €100,951 | €86,909 | -€14,042 | -13.9% |
| Accrued charges and deferred income | 492/3 | €4,052 | €160 | -€3,892 | -96.1% |
| Remuneration, social security and pensions | 62 | €119,754 | €148,915 | +€29,161 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,487 | €5,681 | -€1,806 | -24.1% |
| Other operating charges | 640/8 | €4,161 | €4,330 | +€169 | +4.1% |
| Gross operating margin | 9900 | €132,007 | €214,805 | +€82,799 | +62.7% |
| Operating profit (loss) | 9901 | €605 | €55,880 | +€55,274 | +9129.1% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €8,510 | €5,453 | -€3,057 | -35.9% |
| Recurring financial charges | 65 | €8,510 | €5,453 | -€3,057 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,905 | €50,429 | +€58,334 | |
| Income taxes | 67/77 | €100 | €84 | -€16 | -16.0% |
| Profit (loss) for the period | 9904 | -€8,005 | €50,345 | +€58,350 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,005 | €50,345 | +€58,350 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.