PRODABIO: 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
PRODABIO
NACE 10.910, Manufacture of food products
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€321,420
2023 · €138,421+€182,999
Equity
€744,478
2023 · €453,058+€291,420
Cash
€1.6m
2023 · €1.2m+€355,401
Balance sheet total
€8.9m
2023 · €6.7m+€2.3m
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+31.1%), from €3.3m to €4.4m
of which Trade receivables: +€1.1m
- Tangible fixed assets +€722,188
up €722,188 (+51.2%), from €1.4m to €2.1m
of which Plant, machinery and equipment: +€873,740
- Cash +€355,401
up €355,401 (+29.3%), from €1.2m to €1.6m
mainly Trade debts (+€1.5m) and Debts after one year (+€564,709)
- Stocks and contracts +€129,814
up €129,814 (+19.4%), from €670,097 to €799,910
Equity and liabilities
- Trade debts +€1.5m
up €1.5m (+34.7%), from €4.4m to €5.9m
- Debts after one year +€564,709
up €564,709 (+66.9%), from €843,718 to €1.4m
- Profit (loss) carried forward +€291,420
up €291,420 (+144%), from €203,058 to €494,478
- Other debts -€170,201
down €170,201 (-21.4%), from €795,763 to €625,562
Income statement
- Turnover +€17.1m
new in 2024: €17.1m
- Goods and materials +€15.0m
new in 2024: €15.0m
of which Purchases: +€15.0m
- Services and other goods +€1.4m
new in 2024: €1.4m
- Gross operating margin -€571,105
no longer reported in 2024 (was €571,105)
- Write-downs -€196,838
down €196,838, from €52,658 to -€144,180
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.
Result 2023
€138,421
Turnover
+€17.1m
Other operating income
+€1,903
Goods and materials
-€15.0m
Services and other goods
-€1.4m
Staff costs
-€94,971
Depreciation
-€46,825
Write-downs
+€196,838
Other operating charges
-€3,333
Other operating items
-€518,858
Financial income
+€122
Financial charges
-€23,666
Taxes
-€66,069
Result 2024
€321,420
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€677,659
Investment
-€921,057
Financing
+€598,799
Cash 2023
€1.2m
From operations (derived)
+€677,659
Net result for the year
+€321,420
Depreciation
+€183,345
Stocks and contracts
-€129,814
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€20,152
Trade debts
+€1.5m
Tax, wage and social debts
+€11,354
Other debts
-€170,201
Accrued charges and deferred income
+€6,250
Investment (derived)
-€921,057
Investment in fixed assets (net)
-€921,057
Financing
+€598,799
Debts after one year
+€564,709
Current portion of long-term debt
+€64,090
Contributions, distributions and other
-€30,000
Cash 2024
€1.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,661,450 | €8,944,405 | +€2.3m | +34.3% |
| Fixed assets | 21/28 | €1,410,909 | €2,148,621 | +€737,712 | +52.3% |
| Intangible fixed assets | 21 | - | €15,524 | +€15,524 | |
| Tangible fixed assets | 22/27 | €1,410,909 | €2,133,097 | +€722,188 | +51.2% |
| Land and buildings | 22 | €818,964 | €695,766 | -€123,198 | -15.0% |
| Plant, machinery and equipment | 23 | €563,591 | €1,437,330 | +€873,740 | +155% |
| Furniture and vehicles | 24 | €23,074 | - | -€23,074 | |
| Leasing and similar rights | 25 | €5,280 | - | -€5,280 | |
| Current assets | 29/58 | €5,250,541 | €6,795,784 | +€1.5m | +29.4% |
| Stocks and contracts in progress | 3 | €670,097 | €799,910 | +€129,814 | +19.4% |
| Stocks | 30/36 | €670,097 | €799,910 | +€129,814 | +19.4% |
| Raw materials and consumables | 30/31 | - | €697,734 | +€697,734 | |
| Finished goods | 33 | - | €102,176 | +€102,176 | |
| Amounts receivable within one year | 40/41 | €3,348,873 | €4,388,749 | +€1.0m | +31.1% |
| Trade receivables | 40 | €3,239,749 | €4,297,452 | +€1.1m | +32.6% |
| Other amounts receivable | 41 | €109,124 | €91,297 | -€17,827 | -16.3% |
| Cash at bank and in hand | 54/58 | €1,214,570 | €1,569,972 | +€355,401 | +29.3% |
| Deferred charges and accrued income | 490/1 | €17,002 | €37,154 | +€20,152 | +119% |
| Total equity and liabilities | 10/49 | €6,661,450 | €8,944,405 | +€2.3m | +34.3% |
| Equity | 10/15 | €453,058 | €744,478 | +€291,420 | +64.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | - | €250,000 | +€250,000 | |
| Issued capital | 100 | - | €250,000 | +€250,000 | |
| Profit (loss) carried forward | 14 | €203,058 | €494,478 | +€291,420 | +144% |
| Amounts payable | 17/49 | €6,208,392 | €8,199,927 | +€2.0m | +32.1% |
| Amounts payable after more than one year | 17 | €843,718 | €1,408,427 | +€564,709 | +66.9% |
| Financial debts | 170/4 | €843,718 | €1,408,427 | +€564,709 | +66.9% |
| Subordinated loans | 170 | - | €140,000 | +€140,000 | |
| Credit institutions | 173 | - | €1,268,427 | +€1.3m | |
| Amounts payable within one year | 42/48 | €5,364,674 | €6,785,250 | +€1.4m | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €107,131 | €171,221 | +€64,090 | +59.8% |
| Trade debts | 44 | €4,371,605 | €5,886,937 | +€1.5m | +34.7% |
| Suppliers | 440/4 | €4,371,605 | €5,886,937 | +€1.5m | +34.7% |
| Taxes, remuneration and social security | 45 | €90,176 | €101,530 | +€11,354 | +12.6% |
| Taxes | 450/3 | €80,000 | €74,810 | -€5,190 | -6.5% |
| Remuneration and social security | 454/9 | €10,176 | €26,720 | +€16,544 | +163% |
| Other amounts payable | 47/48 | €795,763 | €625,562 | -€170,201 | -21.4% |
| Accrued charges and deferred income | 492/3 | - | €6,250 | +€6,250 | |
| Operating income | 70/76A | - | €17,188,773 | +€17.2m | |
| Turnover | 70 | - | €17,134,623 | +€17.1m | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €52,247 | +€52,247 | |
| Other operating income | 74 | - | €1,903 | +€1,903 | |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Operating charges | 60/66A | - | €16,690,873 | +€16.7m | |
| Goods for resale, raw materials and consumables | 60 | - | €14,951,238 | +€15.0m | |
| Purchases | 600/8 | - | €15,028,804 | +€15.0m | |
| Change in stocks: decrease (increase) | 609 | - | -€77,566 | -€77,566 | |
| Services and other goods | 61 | - | €1,445,527 | +€1.4m | |
| Remuneration, social security and pensions | 62 | €154,194 | €249,165 | +€94,971 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,520 | €183,345 | +€46,825 | +34.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €52,658 | -€144,180 | -€196,838 | |
| Other operating charges | 640/8 | €2,446 | €5,778 | +€3,333 | +136% |
| Gross operating margin | 9900 | €571,105 | - | -€571,105 | |
| Operating profit (loss) | 9901 | €225,288 | €497,900 | +€272,612 | +121% |
| Financial income | 75/76B | €75 | €197 | +€122 | +162% |
| Recurring financial income | 75 | €75 | €197 | +€122 | +162% |
| Other financial income | 752/9 | - | €197 | +€197 | |
| Financial charges | 65/66B | €34,942 | €58,608 | +€23,666 | +67.7% |
| Recurring financial charges | 65 | €34,942 | €58,608 | +€23,666 | +67.7% |
| Debt charges | 650 | - | €44,218 | +€44,218 | |
| Other financial charges | 652/9 | - | €14,390 | +€14,390 | |
| Profit (loss) for the period before taxes | 9903 | €190,421 | €439,489 | +€249,068 | +131% |
| Income taxes | 67/77 | €52,000 | €118,069 | +€66,069 | +127% |
| Taxes | 670/3 | - | €118,069 | +€118,069 | |
| Profit (loss) for the period | 9904 | €138,421 | €321,420 | +€182,999 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €138,421 | €321,420 | +€182,999 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.