ProCoTech: what changed
Two fiscal 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.
ProCoTech
Largest movements
- Receivables within one year -€33,997
down €33,997 (-40.5%), from €84,017 to €50,020
of which Trade receivables: -€37,753
- Stocks and contracts +€5,261
up €5,261 (+24.4%), from €21,599 to €26,860
- Cash +€4,616
up €4,616 (+72.5%), from €6,365 to €10,981
mainly Receivables within one year (+€33,997) and Net result for the year (+€7,374)
- Tangible fixed assets -€1,738
down €1,738 (-57.9%), from €3,002 to €1,264
of which Plant, machinery and equipment: -€2,093
- Trade debts -€13,782
down €13,782 (-20.5%), from €67,132 to €53,350
- Other debts -€9,740
down €9,740 (-42.1%), from €23,149 to €13,409
- Profit (loss) carried forward +€7,374
up €7,374 (+8.2%), from -€89,923 to -€82,548
- Accrued charges and deferred income -€6,094
down €6,094 (-78.4%), from €7,771 to €1,677
- Current portion of long-term debt -€5,000
down €5,000 (-10.0%), from €50,000 to €45,000
- Staff costs +€9,042
up €9,042 (+8.1%), from €112,152 to €121,194
- Gross operating margin +€8,773
up €8,773 (+6.8%), from €129,281 to €138,054
- Other operating charges -€3,094
down €3,094 (-46.1%), from €6,713 to €3,619
- Depreciation -€1,386
down €1,386 (-67.3%), from €2,058 to €672
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 | €124,466 | €97,940 | -€26,526 | -21.3% |
| Fixed assets | 21/28 | €11,818 | €10,080 | -€1,738 | -14.7% |
| Tangible fixed assets | 22/27 | €3,002 | €1,264 | -€1,738 | -57.9% |
| Plant, machinery and equipment | 23 | €2,519 | €426 | -€2,093 | -83.1% |
| Furniture and vehicles | 24 | €483 | €837 | +€354 | +73.4% |
| Financial fixed assets | 28 | €8,816 | €8,816 | = | 0.0% |
| Current assets | 29/58 | €112,648 | €87,860 | -€24,788 | -22.0% |
| Stocks and contracts in progress | 3 | €21,599 | €26,860 | +€5,261 | +24.4% |
| Stocks | 30/36 | €21,599 | €26,860 | +€5,261 | +24.4% |
| Amounts receivable within one year | 40/41 | €84,017 | €50,020 | -€33,997 | -40.5% |
| Trade receivables | 40 | €77,818 | €40,065 | -€37,753 | -48.5% |
| Other amounts receivable | 41 | €6,199 | €9,955 | +€3,756 | +60.6% |
| Cash at bank and in hand | 54/58 | €6,365 | €10,981 | +€4,616 | +72.5% |
| Deferred charges and accrued income | 490/1 | €667 | - | -€667 | |
| Total equity and liabilities | 10/49 | €124,466 | €97,940 | -€26,526 | -21.3% |
| Equity | 10/15 | -€29,923 | -€22,548 | +€7,374 | +24.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,923 | -€82,548 | +€7,374 | +8.2% |
| Amounts payable | 17/49 | €154,388 | €120,488 | -€33,900 | -22.0% |
| Amounts payable within one year | 42/48 | €146,617 | €118,811 | -€27,806 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €45,000 | -€5,000 | -10.0% |
| Financial debts | 43 | €1,919 | €1,552 | -€367 | -19.1% |
| Credit institutions | 430/8 | €1,919 | €1,552 | -€367 | -19.1% |
| Trade debts | 44 | €67,132 | €53,350 | -€13,782 | -20.5% |
| Suppliers | 440/4 | €67,132 | €53,350 | -€13,782 | -20.5% |
| Taxes, remuneration and social security | 45 | €4,417 | €5,499 | +€1,082 | +24.5% |
| Taxes | 450/3 | €840 | €716 | -€124 | -14.8% |
| Remuneration and social security | 454/9 | €3,577 | €4,783 | +€1,206 | +33.7% |
| Other amounts payable | 47/48 | €23,149 | €13,409 | -€9,740 | -42.1% |
| Accrued charges and deferred income | 492/3 | €7,771 | €1,677 | -€6,094 | -78.4% |
| Non-recurring operating income | 76A | - | €1,050 | +€1,050 | |
| Remuneration, social security and pensions | 62 | €112,152 | €121,194 | +€9,042 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €672 | -€1,386 | -67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | €6,713 | €3,619 | -€3,094 | -46.1% |
| Gross operating margin | 9900 | €129,281 | €138,054 | +€8,773 | +6.8% |
| Operating profit (loss) | 9901 | €8,358 | €11,569 | +€3,211 | +38.4% |
| Financial income | 75/76B | €172 | €344 | +€172 | +100.4% |
| Recurring financial income | 75 | €172 | €344 | +€172 | +100.4% |
| Financial charges | 65/66B | €4,854 | €4,539 | -€315 | -6.5% |
| Recurring financial charges | 65 | €4,854 | €4,539 | -€315 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €3,675 | €7,374 | +€3,699 | +100.7% |
| Profit (loss) for the period | 9904 | €3,675 | €7,374 | +€3,699 | +100.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,675 | €7,374 | +€3,699 | +100.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.