PRODECO: 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.
What changed
PRODECO
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.7m-€118,497
Equity
€4.6m
2024 · €3.6m+€1.1m
Cash
€2,716
2024 · €42,398-€39,682
Balance sheet total
€17.0m
2024 · €16.7m+€307,625
Largest movements
Assets
- Intangible fixed assets +€216,826
up €216,826 (+41.3%), from €525,042 to €741,868
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+41.2%), from €2.6m to €3.6m
- Debts after one year -€1.0m
down €1.0m (-9.0%), from €11.5m to €10.5m
of which Financial debts: -€745,073
- Trade debts +€281,856
up €281,856 (+96.5%), from €291,933 to €573,789
Income statement
- Turnover +€166,786
up €166,786 (+5.8%), from €2.9m to €3.0m
- Services and other goods +€139,436
up €139,436 (+6.3%), from €2.2m to €2.3m
- Financial income -€120,982
down €120,982 (-6.9%), from €1.7m to €1.6m
- Staff costs +€53,560
up €53,560 (+14.0%), from €381,310 to €434,870
- Other operating income +€42,289
up €42,289 (+396.9%), from €10,654 to €52,943
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.
Result 2024
€1.7m
Turnover
+€166,786
Other operating income
+€42,289
Services and other goods
-€139,436
Staff costs
-€53,560
Depreciation
-€31,916
Other operating charges
+€58
Other operating items
+€500
Financial income
-€120,982
Financial charges
+€19,390
Taxes
-€1,625
Result 2025
€1.6m
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.
From operations
+€1.8m
Investment
-€339,544
Financing
-€1.5m
Cash 2024
€42,398
From operations (derived)
+€1.8m
Net result for the year
+€1.6m
Depreciation
+€118,719
Receivables within one year
-€70,478
Deferred charges and accrued income
-€56,004
Trade debts
+€281,856
Smaller working-capital items
+€1,477
Investment (derived)
-€339,544
Investment in fixed assets (net)
-€339,544
Financing
-€1.5m
Debts after one year
-€1.0m
Current portion of long-term debt
-€28
Contributions, distributions and other
-€500,000
Cash 2025
€2,716
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,687,763 | €16,995,388 | +€307,625 | +1.8% |
| Fixed assets | 21/28 | €16,478,589 | €16,699,414 | +€220,825 | +1.3% |
| Intangible fixed assets | 21 | €525,042 | €741,868 | +€216,826 | +41.3% |
| Tangible fixed assets | 22/27 | €180,402 | €184,401 | +€3,999 | +2.2% |
| Plant, machinery and equipment | 23 | €36,656 | €34,094 | -€2,562 | -7.0% |
| Furniture and vehicles | 24 | €143,746 | €150,307 | +€6,561 | +4.6% |
| Financial fixed assets | 28 | €15,773,145 | €15,773,145 | +€0 | 0.0% |
| Affiliated companies | 280/1 | €15,773,145 | €15,773,145 | +€0 | 0.0% |
| Participating interests | 280 | €15,773,145 | €15,773,145 | +€0 | 0.0% |
| Current assets | 29/58 | €209,175 | €295,974 | +€86,799 | +41.5% |
| Amounts receivable within one year | 40/41 | €94,911 | €165,389 | +€70,478 | +74.3% |
| Trade receivables | 40 | €85,375 | €156,364 | +€70,989 | +83.2% |
| Other amounts receivable | 41 | €9,537 | €9,025 | -€512 | -5.4% |
| Cash at bank and in hand | 54/58 | €42,398 | €2,716 | -€39,682 | -93.6% |
| Deferred charges and accrued income | 490/1 | €71,865 | €127,869 | +€56,004 | +77.9% |
| Total equity and liabilities | 10/49 | €16,687,763 | €16,995,388 | +€307,625 | +1.8% |
| Equity | 10/15 | €3,562,004 | €4,622,335 | +€1.1m | +29.8% |
| Contributions | 10/11 | €301,258 | €301,258 | -€0 | 0.0% |
| Reserves | 13 | €688,233 | €688,233 | -€0 | 0.0% |
| Distributable reserves | 133 | €688,233 | €688,233 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €2,572,512 | €3,632,844 | +€1.1m | +41.2% |
| Amounts payable | 17/49 | €13,125,760 | €12,373,053 | -€752,707 | -5.7% |
| Amounts payable after more than one year | 17 | €11,503,687 | €10,467,675 | -€1.0m | -9.0% |
| Financial debts | 170/4 | €1,050,629 | €305,556 | -€745,073 | -70.9% |
| Credit institutions | 173 | €1,050,629 | €305,556 | -€745,073 | -70.9% |
| Other amounts payable | 178/9 | €10,453,058 | €10,162,119 | -€290,939 | -2.8% |
| Amounts payable within one year | 42/48 | €1,620,734 | €1,904,039 | +€283,305 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €745,101 | €745,073 | -€28 | 0.0% |
| Trade debts | 44 | €291,933 | €573,789 | +€281,856 | +96.5% |
| Suppliers | 440/4 | €291,933 | €573,789 | +€281,856 | +96.5% |
| Taxes, remuneration and social security | 45 | €83,700 | €85,177 | +€1,477 | +1.8% |
| Taxes | 450/3 | €24,708 | €11,704 | -€13,004 | -52.6% |
| Remuneration and social security | 454/9 | €58,992 | €73,473 | +€14,481 | +24.5% |
| Other amounts payable | 47/48 | €500,000 | €500,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,339 | €1,339 | +€0 | 0.0% |
| Operating income | 70/76A | €2,880,856 | €3,089,931 | +€209,075 | +7.3% |
| Turnover | 70 | €2,870,202 | €3,036,988 | +€166,786 | +5.8% |
| Other operating income | 74 | €10,654 | €52,943 | +€42,289 | +396.9% |
| Operating charges | 60/66A | €2,686,410 | €2,910,764 | +€224,354 | +8.4% |
| Services and other goods | 61 | €2,210,298 | €2,349,734 | +€139,436 | +6.3% |
| Remuneration, social security and pensions | 62 | €381,310 | €434,870 | +€53,560 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,803 | €118,719 | +€31,916 | +36.8% |
| Other operating charges | 640/8 | €7,499 | €7,441 | -€58 | -0.8% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Operating profit (loss) | 9901 | €194,446 | €179,167 | -€15,279 | -7.9% |
| Financial income | 75/76B | €1,746,006 | €1,625,024 | -€120,982 | -6.9% |
| Recurring financial income | 75 | €1,746,006 | €1,625,024 | -€120,982 | -6.9% |
| Income from financial fixed assets | 750 | €1,746,000 | €1,625,000 | -€121,000 | -6.9% |
| Other financial income | 752/9 | €6 | €24 | +€18 | +299.3% |
| Financial charges | 65/66B | €261,916 | €242,526 | -€19,390 | -7.4% |
| Recurring financial charges | 65 | €261,916 | €242,526 | -€19,390 | -7.4% |
| Debt charges | 650 | €261,084 | €241,588 | -€19,496 | -7.5% |
| Other financial charges | 652/9 | €831 | €938 | +€107 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €1,678,536 | €1,561,665 | -€116,871 | -7.0% |
| Income taxes | 67/77 | -€291 | €1,334 | +€1,625 | |
| Taxes | 670/3 | €463 | €1,334 | +€871 | +188.0% |
| Tax adjustments and reversals of tax provisions | 77 | €754 | - | -€754 | |
| Profit (loss) for the period | 9904 | €1,678,828 | €1,560,331 | -€118,497 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,678,828 | €1,560,331 | -€118,497 | -7.1% |
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 1 October 2026 via checked.be.