PROCURE1: 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.
PROCURE1
Largest movements
- Stocks and contracts -€129,414
down €129,414 (-15.7%), from €823,178 to €693,764
- Receivables within one year -€114,594
down €114,594 (-22.6%), from €506,883 to €392,289
of which Trade receivables: -€246,276
- Other debts -€722,461
down €722,461 (-99.8%), from €723,795 to €1,334
- Debts after one year +€400,000
new in 2025: €400,000
- Trade debts +€109,677
up €109,677 (+74.7%), from €146,798 to €256,475
- Tax, wage and social debts -€31,831
no longer reported in 2025 (was €31,831)
- Turnover -€1.9m
down €1.9m (-53.9%), from €3.5m to €1.6m
- Goods and materials -€1.7m
down €1.7m (-52.5%), from €3.3m to €1.6m
of which Change in stocks: decrease (increase): -€949,471
- Financial income -€111,686
down €111,686 (-99.4%), from €112,412 to €726
- Financial charges -€102,432
down €102,432 (-76.5%), from €133,936 to €31,504
- Services and other goods -€59,272
down €59,272 (-69.1%), from €85,821 to €26,548
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,334,904 | €1,090,293 | -€244,610 | -18.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €840 | €216 | -€624 | -74.3% |
| Tangible fixed assets | 22/27 | €840 | €216 | -€624 | -74.3% |
| Furniture and vehicles | 24 | €840 | €216 | -€624 | -74.3% |
| Current assets | 29/58 | €1,334,064 | €1,090,077 | -€243,986 | -18.3% |
| Stocks and contracts in progress | 3 | €823,178 | €693,764 | -€129,414 | -15.7% |
| Stocks | 30/36 | €823,178 | €693,764 | -€129,414 | -15.7% |
| Goods purchased for resale | 34 | €823,178 | €693,764 | -€129,414 | -15.7% |
| Amounts receivable within one year | 40/41 | €506,883 | €392,289 | -€114,594 | -22.6% |
| Trade receivables | 40 | €506,264 | €259,988 | -€246,276 | -48.6% |
| Other amounts receivable | 41 | €618 | €132,301 | +€131,683 | +21293.4% |
| Current investments | 50/53 | €4,003 | €4,024 | +€21 | +0.5% |
| Other investments | 51/53 | €4,003 | €4,024 | +€21 | +0.5% |
| Total equity and liabilities | 10/49 | €1,334,904 | €1,090,293 | -€244,610 | -18.3% |
| Equity | 10/15 | €432,480 | €432,485 | +€5 | 0.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,480 | €157,485 | +€5 | 0.0% |
| Amounts payable | 17/49 | €902,424 | €657,809 | -€244,615 | -27.1% |
| Amounts payable after more than one year | 17 | - | €400,000 | +€400,000 | |
| Other amounts payable | 178/9 | - | €400,000 | +€400,000 | |
| Amounts payable within one year | 42/48 | €902,424 | €257,809 | -€644,615 | -71.4% |
| Trade debts | 44 | €146,798 | €256,475 | +€109,677 | +74.7% |
| Suppliers | 440/4 | €146,798 | €256,475 | +€109,677 | +74.7% |
| Taxes, remuneration and social security | 45 | €31,831 | - | -€31,831 | |
| Taxes | 450/3 | €31,831 | - | -€31,831 | |
| Other amounts payable | 47/48 | €723,795 | €1,334 | -€722,461 | -99.8% |
| Operating income | 70/76A | €3,514,362 | €1,637,184 | -€1.9m | -53.4% |
| Turnover | 70 | €3,503,346 | €1,616,353 | -€1.9m | -53.9% |
| Other operating income | 74 | €11,016 | €20,831 | +€9,816 | +89.1% |
| Operating charges | 60/66A | €3,373,739 | €1,606,400 | -€1.8m | -52.4% |
| Goods for resale, raw materials and consumables | 60 | €3,275,900 | €1,555,648 | -€1.7m | -52.5% |
| Purchases | 600/8 | €2,197,015 | €1,426,234 | -€770,781 | -35.1% |
| Change in stocks: decrease (increase) | 609 | €1,078,884 | €129,414 | -€949,471 | -88.0% |
| Services and other goods | 61 | €85,821 | €26,548 | -€59,272 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624 | €624 | = | 0.0% |
| Other operating charges | 640/8 | €11,395 | €23,580 | +€12,185 | +106.9% |
| Operating profit (loss) | 9901 | €140,623 | €30,784 | -€109,838 | -78.1% |
| Financial income | 75/76B | €112,412 | €726 | -€111,686 | -99.4% |
| Recurring financial income | 75 | €112,412 | €726 | -€111,686 | -99.4% |
| Other financial income | 752/9 | €112,412 | €726 | -€111,686 | -99.4% |
| Financial charges | 65/66B | €133,936 | €31,504 | -€102,432 | -76.5% |
| Recurring financial charges | 65 | €133,936 | €31,504 | -€102,432 | -76.5% |
| Debt charges | 650 | €109,418 | €29,989 | -€79,429 | -72.6% |
| Other financial charges | 652/9 | €24,518 | €1,515 | -€23,002 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €119,099 | €6 | -€119,093 | -100.0% |
| Income taxes | 67/77 | €31,831 | €2 | -€31,830 | -100.0% |
| Taxes | 670/3 | €31,831 | €2 | -€31,830 | -100.0% |
| Profit (loss) for the period | 9904 | €87,268 | €5 | -€87,263 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,268 | €5 | -€87,263 | -100.0% |
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 11 October 2026 via checked.be.