PRODATA PTEXCELLENCE: 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.
PRODATA PTEXCELLENCE
Largest movements
- Intangible fixed assets -€2.3m
down €2.3m (-91.6%), from €2.5m to €209,163
- Receivables within one year +€2.0m
up €2.0m (+333%), from €599,258 to €2.6m
of which Other amounts receivable: +€1.6m
- Cash +€395,694
up €395,694 (+3,136%), from €12,619 to €408,313
mainly Investment in fixed assets (net) (+€1.6m) and Depreciation (+€702,653)
- Stocks and contracts +€220,345
up €220,345 (+175%), from €125,930 to €346,274
- Other debts -€1.5m
no longer reported in 2025 (was €1.5m)
- Profit (loss) carried forward +€597,108
up €597,108 (+71.7%), from -€832,287 to -€235,179
- Contributions +€579,834
up €579,834 (+42.9%), from €1.4m to €1.9m
- Trade debts +€447,643
up €447,643 (+64.4%), from €694,820 to €1.1m
- Accrued charges and deferred income +€204,281
up €204,281 (+40.9%), from €499,802 to €704,083
- Gross operating margin +€2.3m
up €2.3m (+3,948%), from €58,191 to €2.4m
- Depreciation +€437,411
up €437,411 (+165%), from €265,242 to €702,653
- Write-downs +€59,206
new in 2025: €59,206
- Staff costs +€41,450
up €41,450 (+7.5%), from €551,675 to €593,126
- Financial charges -€23,919
down €23,919 (-14.9%), from €160,775 to €136,856
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.
Derived cash bridge
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 | €3,245,436 | €3,611,531 | +€366,095 | +11.3% |
| Fixed assets | 21/28 | €2,480,501 | €210,348 | -€2.3m | -91.5% |
| Intangible fixed assets | 21 | €2,479,316 | €209,163 | -€2.3m | -91.6% |
| Financial fixed assets | 28 | €1,185 | €1,185 | = | 0.0% |
| Current assets | 29/58 | €764,935 | €3,401,184 | +€2.6m | +345% |
| Stocks and contracts in progress | 3 | €125,930 | €346,274 | +€220,345 | +175% |
| Stocks | 30/36 | €125,930 | €346,274 | +€220,345 | +175% |
| Amounts receivable within one year | 40/41 | €599,258 | €2,593,156 | +€2.0m | +333% |
| Trade receivables | 40 | €339,990 | €698,553 | +€358,562 | +105% |
| Other amounts receivable | 41 | €259,268 | €1,894,604 | +€1.6m | +631% |
| Cash at bank and in hand | 54/58 | €12,619 | €408,313 | +€395,694 | +3,136% |
| Deferred charges and accrued income | 490/1 | €27,128 | €53,440 | +€26,312 | +97.0% |
| Total equity and liabilities | 10/49 | €3,245,436 | €3,611,531 | +€366,095 | +11.3% |
| Equity | 10/15 | €518,713 | €1,695,655 | +€1.2m | +227% |
| Contributions | 10/11 | €1,351,000 | €1,930,834 | +€579,834 | +42.9% |
| Capital | 10 | €1,351,000 | €1,930,834 | +€579,834 | +42.9% |
| Issued capital | 100 | €1,351,000 | €1,930,834 | +€579,834 | +42.9% |
| Profit (loss) carried forward | 14 | -€832,287 | -€235,179 | +€597,108 | +71.7% |
| Amounts payable | 17/49 | €2,726,723 | €1,915,877 | -€810,847 | -29.7% |
| Amounts payable within one year | 42/48 | €2,226,922 | €1,211,793 | -€1.0m | -45.6% |
| Trade debts | 44 | €694,820 | €1,142,463 | +€447,643 | +64.4% |
| Suppliers | 440/4 | €694,820 | €1,142,463 | +€447,643 | +64.4% |
| Taxes, remuneration and social security | 45 | €64,009 | €69,330 | +€5,321 | +8.3% |
| Taxes | 450/3 | - | €1,528 | +€1,528 | |
| Remuneration and social security | 454/9 | €64,009 | €67,802 | +€3,793 | +5.9% |
| Other amounts payable | 47/48 | €1,468,092 | - | -€1.5m | |
| Accrued charges and deferred income | 492/3 | €499,802 | €704,083 | +€204,281 | +40.9% |
| Remuneration, social security and pensions | 62 | €551,675 | €593,126 | +€41,450 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €265,242 | €702,653 | +€437,411 | +165% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €59,206 | +€59,206 | |
| Other operating charges | 640/8 | €7,265 | €7,296 | +€31 | +0.4% |
| Non-recurring operating charges | 66A | - | €176,000 | +€176,000 | |
| Gross operating margin | 9900 | €58,191 | €2,355,422 | +€2.3m | +3,948% |
| Operating profit (loss) | 9901 | -€765,991 | €817,142 | +€1.6m | |
| Financial income | 75/76B | €1,228 | €15,428 | +€14,200 | +1,157% |
| Recurring financial income | 75 | €1,228 | €15,428 | +€14,200 | +1,157% |
| Financial charges | 65/66B | €160,775 | €136,856 | -€23,919 | -14.9% |
| Recurring financial charges | 65 | €160,775 | €136,856 | -€23,919 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€925,538 | €695,714 | +€1.6m | |
| Income taxes | 67/77 | -€13,032 | €1,528 | +€14,560 | |
| Profit (loss) for the period | 9904 | -€912,506 | €694,186 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€912,506 | €694,186 | +€1.6m |
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 22 October 2026 via checked.be.