PRODART: 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.
PRODART
Largest movements
- Cash +€119,653
up €119,653 (+457.6%), from €26,146 to €145,799
mainly Net result for the year (+€82,432) and Other debts (+€77,656)
- Tangible fixed assets -€15,695
down €15,695 (-25.8%), from €60,888 to €45,193
- Receivables within one year +€11,686
up €11,686 (+1353.2%), from €864 to €12,550
of which Trade receivables: +€12,056
- Deferred charges and accrued income +€2,471
up €2,471 (+49.7%), from €4,973 to €7,444
- Other debts +€77,656
up €77,656 (+121.4%), from €63,945 to €141,601
- Tax, wage and social debts +€45,249
up €45,249 (+229.3%), from €19,732 to €64,981
of which Taxes: +€29,079
- Trade debts -€4,648
down €4,648 (-63.2%), from €7,352 to €2,704
- Gross operating margin +€138,311
up €138,311 (+289.0%), from €47,864 to €186,175
- Staff costs +€42,834
up €42,834 (+297.6%), from €14,392 to €57,225
- Taxes +€19,928
up €19,928 (+263.9%), from €7,552 to €27,480
- Depreciation +€10,497
up €10,497 (+202.0%), from €5,197 to €15,695
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 | €93,171 | €211,286 | +€118,115 | +126.8% |
| Fixed assets | 21/28 | €61,188 | €45,493 | -€15,695 | -25.6% |
| Tangible fixed assets | 22/27 | €60,888 | €45,193 | -€15,695 | -25.8% |
| Furniture and vehicles | 24 | €60,888 | €45,193 | -€15,695 | -25.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €31,983 | €165,793 | +€133,810 | +418.4% |
| Amounts receivable within one year | 40/41 | €864 | €12,550 | +€11,686 | +1353.2% |
| Trade receivables | 40 | €494 | €12,550 | +€12,056 | +2440.9% |
| Other amounts receivable | 41 | €370 | - | -€370 | |
| Cash at bank and in hand | 54/58 | €26,146 | €145,799 | +€119,653 | +457.6% |
| Deferred charges and accrued income | 490/1 | €4,973 | €7,444 | +€2,471 | +49.7% |
| Total equity and liabilities | 10/49 | €93,171 | €211,286 | +€118,115 | +126.8% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €91,171 | €209,286 | +€118,115 | +129.6% |
| Amounts payable within one year | 42/48 | €91,029 | €209,286 | +€118,257 | +129.9% |
| Trade debts | 44 | €7,352 | €2,704 | -€4,648 | -63.2% |
| Suppliers | 440/4 | €7,352 | €2,704 | -€4,648 | -63.2% |
| Taxes, remuneration and social security | 45 | €19,732 | €64,981 | +€45,249 | +229.3% |
| Taxes | 450/3 | €11,716 | €40,795 | +€29,079 | +248.2% |
| Remuneration and social security | 454/9 | €8,016 | €24,186 | +€16,170 | +201.7% |
| Other amounts payable | 47/48 | €63,945 | €141,601 | +€77,656 | +121.4% |
| Accrued charges and deferred income | 492/3 | €142 | - | -€142 | |
| Remuneration, social security and pensions | 62 | €14,392 | €57,225 | +€42,834 | +297.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,197 | €15,695 | +€10,497 | +202.0% |
| Other operating charges | 640/8 | €1,215 | €2,985 | +€1,770 | +145.7% |
| Gross operating margin | 9900 | €47,864 | €186,175 | +€138,311 | +289.0% |
| Operating profit (loss) | 9901 | €27,060 | €110,270 | +€83,210 | +307.5% |
| Financial charges | 65/66B | €302 | €359 | +€56 | +18.7% |
| Recurring financial charges | 65 | €302 | €359 | +€56 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €26,758 | €109,911 | +€83,153 | +310.8% |
| Income taxes | 67/77 | €7,552 | €27,480 | +€19,928 | +263.9% |
| Profit (loss) for the period | 9904 | €19,206 | €82,432 | +€63,225 | +329.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,206 | €82,432 | +€63,225 | +329.2% |
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 4 October 2026 via checked.be.