PRODA: 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.
PRODA
Largest movements
- Current investments -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Cash +€57,665
up €57,665 (+34.6%), from €166,569 to €224,234
mainly Current investments (+€250,000) and Depreciation (+€28,756)
- Tangible fixed assets -€25,375
down €25,375 (-2.5%), from €1.0m to €1.0m
of which Furniture and vehicles: -€35,050
- Receivables within one year -€21,272
down €21,272 (-99.4%), from €21,400 to €128
- Tax, wage and social debts -€179,441
down €179,441 (-95.1%), from €188,707 to €9,266
of which Taxes: -€178,179
- Other debts -€49,811
down €49,811 (-38.6%), from €128,922 to €79,111
- Gross operating margin -€18,382
down €18,382 (-37.8%), from €48,656 to €30,274
- Taxes -€11,392
down €11,392 (-76.2%), from €14,947 to €3,556
- Financial charges -€2,999
down €2,999 (-88.8%), from €3,378 to €379
- Financial income -€1,712
down €1,712 (-30.2%), from €5,659 to €3,948
- Depreciation +€1,474
up €1,474 (+5.4%), from €27,282 to €28,756
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 | €1,472,843 | €1,233,862 | -€238,982 | -16.2% |
| Fixed assets | 21/28 | €1,034,874 | €1,009,499 | -€25,375 | -2.5% |
| Tangible fixed assets | 22/27 | €1,034,874 | €1,009,499 | -€25,375 | -2.5% |
| Land and buildings | 22 | €999,824 | €1,009,499 | +€9,676 | +1.0% |
| Furniture and vehicles | 24 | €35,050 | €0 | -€35,050 | -100.0% |
| Current assets | 29/58 | €437,969 | €224,362 | -€213,607 | -48.8% |
| Amounts receivable within one year | 40/41 | €21,400 | €128 | -€21,272 | -99.4% |
| Other amounts receivable | 41 | €21,400 | €128 | -€21,272 | -99.4% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €166,569 | €224,234 | +€57,665 | +34.6% |
| Total equity and liabilities | 10/49 | €1,472,843 | €1,233,862 | -€238,982 | -16.2% |
| Equity | 10/15 | €1,070,958 | €1,073,158 | +€2,201 | +0.2% |
| Contributions | 10/11 | €90,233 | €90,233 | = | 0.0% |
| Capital | 10 | €90,233 | €90,233 | = | 0.0% |
| Issued capital | 100 | €90,233 | €90,233 | = | 0.0% |
| Revaluation surpluses | 12 | €5,008 | €5,008 | = | 0.0% |
| Reserves | 13 | €349,772 | €340,094 | -€9,678 | -2.8% |
| Non-distributable reserves | 130/1 | €9,134 | €9,023 | -€110 | -1.2% |
| Legal reserve | 130 | €9,134 | €9,023 | -€110 | -1.2% |
| Tax-exempt reserves | 132 | €230,081 | €220,403 | -€9,678 | -4.2% |
| Distributable reserves | 133 | €110,557 | €110,668 | +€110 | +0.1% |
| Profit (loss) carried forward | 14 | €625,944 | €637,823 | +€11,879 | +1.9% |
| Provisions and deferred taxes | 16 | €74,406 | €71,180 | -€3,226 | -4.3% |
| Deferred taxes | 168 | €74,406 | €71,180 | -€3,226 | -4.3% |
| Amounts payable | 17/49 | €327,479 | €89,523 | -€237,956 | -72.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €324,474 | €88,495 | -€235,979 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €3,641 | €0 | -€3,641 | -100.0% |
| Trade debts | 44 | €3,205 | €118 | -€3,086 | -96.3% |
| Suppliers | 440/4 | €3,205 | €118 | -€3,086 | -96.3% |
| Taxes, remuneration and social security | 45 | €188,707 | €9,266 | -€179,441 | -95.1% |
| Taxes | 450/3 | €187,445 | €9,266 | -€178,179 | -95.1% |
| Remuneration and social security | 454/9 | €1,262 | - | -€1,262 | |
| Other amounts payable | 47/48 | €128,922 | €79,111 | -€49,811 | -38.6% |
| Accrued charges and deferred income | 492/3 | €3,005 | €1,028 | -€1,977 | -65.8% |
| Non-recurring operating income | 76A | - | €20,950 | +€20,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,282 | €28,756 | +€1,474 | +5.4% |
| Other operating charges | 640/8 | €2,548 | €2,555 | +€7 | +0.3% |
| Gross operating margin | 9900 | €48,656 | €30,274 | -€18,382 | -37.8% |
| Operating profit (loss) | 9901 | €18,826 | -€1,038 | -€19,863 | |
| Financial income | 75/76B | €5,659 | €3,948 | -€1,712 | -30.2% |
| Recurring financial income | 75 | €5,659 | €3,948 | -€1,712 | -30.2% |
| Financial charges | 65/66B | €3,378 | €379 | -€2,999 | -88.8% |
| Recurring financial charges | 65 | €3,378 | €379 | -€2,999 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €21,106 | €2,531 | -€18,576 | -88.0% |
| Transfer from deferred taxes | 780 | €2,939 | €3,226 | +€287 | +9.8% |
| Income taxes | 67/77 | €14,947 | €3,556 | -€11,392 | -76.2% |
| Profit (loss) for the period | 9904 | €9,098 | €2,201 | -€6,897 | -75.8% |
| Transfer from tax-exempt reserves | 789 | €8,817 | €9,678 | +€861 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,915 | €11,879 | -€6,035 | -33.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.