PROCOS: 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.
What changed
PROCOS
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,244
2024 · -€14,585+€20,830
Equity
€261,904
2024 · €398,324-€136,421
Cash
€323,257
2024 · €265,023+€58,234
Balance sheet total
€2.0m
2024 · €2.1m-€96,323
Largest movements
Assets
- Financial fixed assets -€147,665
down €147,665 (-99.7%), from €148,165 to €500
- Cash +€58,234
up €58,234 (+22.0%), from €265,023 to €323,257
mainly Depreciation (+€204,377) and Accrued charges and deferred income (+€139,312)
- Stocks and contracts -€24,668
down €24,668 (-100%), from €24,668 to €0
Equity and liabilities
- Accrued charges and deferred income +€139,312
up €139,312 (+63.0%), from €221,210 to €360,522
- Reserves -€129,777
down €129,777 (-34.2%), from €379,774 to €249,997
of which Distributable reserves: -€129,286
- Trade debts +€89,128
up €89,128 (+15.3%), from €584,380 to €673,508
- Other debts -€85,493
down €85,493 (-33.6%), from €254,333 to €168,839
- Short-term financial debts -€73,055
down €73,055 (-100%), from €73,055 to €0
Income statement
- Financial income +€38,863
up €38,863 (+58.9%), from €66,012 to €104,875
- Staff costs +€38,341
up €38,341 (+1.6%), from €2.4m to €2.4m
- Gross operating margin +€30,656
up €30,656 (+1.2%), from €2.6m to €2.6m
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.
Result 2024
-€14,585
Gross operating margin
+€30,656
Staff costs
-€38,341
Depreciation
-€4,544
Write-downs
-€908
Other operating charges
-€4,350
Other operating items
+€20,550
Financial income
+€38,863
Financial charges
-€20,245
Taxes
-€853
Result 2025
€6,244
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€318,036
Investment
-€85,498
Financing
-€174,304
Cash 2024
€265,023
From operations (derived)
+€318,036
Net result for the year
+€6,244
Depreciation
+€204,377
Stocks and contracts
+€24,668
Receivables within one year
+€6,752
Deferred charges and accrued income
+€4,259
Trade debts
+€89,128
Tax, wage and social debts
-€71,210
Other debts
-€85,493
Accrued charges and deferred income
+€139,312
Investment (derived)
-€85,498
Investment in fixed assets (net)
-€75,203
Current investments
-€10,295
Financing
-€174,304
Current portion of long-term debt
+€41,416
Short-term financial debts
-€73,055
Contributions, distributions and other
-€142,665
Cash 2025
€323,257
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,143,911 | €2,047,588 | -€96,323 | -4.5% |
| Fixed assets | 21/28 | €403,413 | €274,239 | -€129,173 | -32.0% |
| Intangible fixed assets | 21 | €157,919 | €177,077 | +€19,158 | +12.1% |
| Tangible fixed assets | 22/27 | €97,329 | €96,662 | -€666 | -0.7% |
| Plant, machinery and equipment | 23 | €34,241 | €27,846 | -€6,395 | -18.7% |
| Furniture and vehicles | 24 | €63,087 | €67,379 | +€4,291 | +6.8% |
| Other tangible fixed assets | 26 | - | €1,437 | +€1,437 | |
| Financial fixed assets | 28 | €148,165 | €500 | -€147,665 | -99.7% |
| Current assets | 29/58 | €1,740,498 | €1,773,348 | +€32,850 | +1.9% |
| Stocks and contracts in progress | 3 | €24,668 | €0 | -€24,668 | -100% |
| Stocks | 30/36 | €24,668 | €0 | -€24,668 | -100% |
| Amounts receivable within one year | 40/41 | €1,029,936 | €1,023,184 | -€6,752 | -0.7% |
| Trade receivables | 40 | €980,155 | €910,228 | -€69,927 | -7.1% |
| Other amounts receivable | 41 | €49,781 | €112,955 | +€63,174 | +127% |
| Current investments | 50/53 | €0 | €10,295 | +€10,295 | |
| Cash at bank and in hand | 54/58 | €265,023 | €323,257 | +€58,234 | +22.0% |
| Deferred charges and accrued income | 490/1 | €420,871 | €416,612 | -€4,259 | -1.0% |
| Total equity and liabilities | 10/49 | €2,143,911 | €2,047,588 | -€96,323 | -4.5% |
| Equity | 10/15 | €398,324 | €261,904 | -€136,421 | -34.2% |
| Contributions | 10/11 | €18,550 | €11,906 | -€6,644 | -35.8% |
| Reserves | 13 | €379,774 | €249,997 | -€129,777 | -34.2% |
| Non-distributable reserves | 130/1 | €1,370 | €879 | -€491 | -35.8% |
| Reserves not available under the articles | 1311 | €1,370 | €879 | -€491 | -35.8% |
| Distributable reserves | 133 | €378,404 | €249,118 | -€129,286 | -34.2% |
| Amounts payable | 17/49 | €1,745,587 | €1,785,684 | +€40,097 | +2.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,524,377 | €1,425,162 | -€99,214 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €132,385 | €173,801 | +€41,416 | +31.3% |
| Financial debts | 43 | €73,055 | €0 | -€73,055 | -100% |
| Credit institutions | 430/8 | €73,055 | €0 | -€73,055 | -100% |
| Trade debts | 44 | €584,380 | €673,508 | +€89,128 | +15.3% |
| Suppliers | 440/4 | €584,380 | €673,508 | +€89,128 | +15.3% |
| Taxes, remuneration and social security | 45 | €480,225 | €409,014 | -€71,210 | -14.8% |
| Taxes | 450/3 | €118,367 | €46,801 | -€71,567 | -60.5% |
| Remuneration and social security | 454/9 | €361,858 | €362,214 | +€356 | +0.1% |
| Other amounts payable | 47/48 | €254,333 | €168,839 | -€85,493 | -33.6% |
| Accrued charges and deferred income | 492/3 | €221,210 | €360,522 | +€139,312 | +63.0% |
| Remuneration, social security and pensions | 62 | €2,368,366 | €2,406,707 | +€38,341 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,833 | €204,377 | +€4,544 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €908 | +€908 | |
| Other operating charges | 640/8 | €2,457 | €6,807 | +€4,350 | +177% |
| Non-recurring operating charges | 66A | €20,583 | €33 | -€20,550 | -99.8% |
| Gross operating margin | 9900 | €2,556,075 | €2,586,731 | +€30,656 | +1.2% |
| Operating profit (loss) | 9901 | -€35,164 | -€32,100 | +€3,064 | +8.7% |
| Financial income | 75/76B | €66,012 | €104,875 | +€38,863 | +58.9% |
| Recurring financial income | 75 | €66,012 | €104,875 | +€38,863 | +58.9% |
| Financial charges | 65/66B | €42,368 | €62,613 | +€20,245 | +47.8% |
| Recurring financial charges | 65 | €42,368 | €57,613 | +€15,245 | +36.0% |
| Non-recurring financial charges | 66B | - | €5,000 | +€5,000 | |
| Profit (loss) for the period before taxes | 9903 | -€11,520 | €10,162 | +€21,682 | |
| Income taxes | 67/77 | €3,065 | €3,918 | +€853 | +27.8% |
| Profit (loss) for the period | 9904 | -€14,585 | €6,244 | +€20,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,585 | €6,244 | +€20,830 |
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 15 October 2026 via checked.be.