PRODECO M&I: 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.
PRODECO M&I
Largest movements
- Cash +€628,673
up €628,673 (+426%), from €147,488 to €776,161
mainly Current investments (+€500,000) and Net result for the year (+€136,574)
- Current investments -€500,000
down €500,000 (-100%), from €500,000 to €0
- Receivables within one year +€88,904
up €88,904 (+129%), from €68,887 to €157,791
of which Trade receivables: +€90,750
- Tangible fixed assets -€36,605
down €36,605 (-7.2%), from €511,787 to €475,182
of which Furniture and vehicles: -€22,453
- Reserves +€134,908
up €134,908 (+13.2%), from €1.0m to €1.2m
of which Distributable reserves: +€177,008
- Other debts +€23,809
up €23,809 (+47.5%), from €50,134 to €73,944
- Tax, wage and social debts +€14,750
up €14,750 (+156%), from €9,473 to €24,224
- Gross operating margin -€97,746
down €97,746 (-29.1%), from €335,523 to €237,778
- Financial income +€15,800
up €15,800, from €0 to €15,800
- Taxes -€5,691
down €5,691 (-6.8%), from €84,047 to €78,356
- Other operating charges -€5,403
down €5,403 (-54.4%), from €9,929 to €4,526
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 | €1,238,889 | €1,409,346 | +€170,457 | +13.8% |
| Fixed assets | 21/28 | €511,787 | €475,182 | -€36,605 | -7.2% |
| Tangible fixed assets | 22/27 | €511,787 | €475,182 | -€36,605 | -7.2% |
| Land and buildings | 22 | €431,661 | €417,510 | -€14,151 | -3.3% |
| Furniture and vehicles | 24 | €80,125 | €57,672 | -€22,453 | -28.0% |
| Current assets | 29/58 | €727,102 | €934,164 | +€207,062 | +28.5% |
| Amounts receivable within one year | 40/41 | €68,887 | €157,791 | +€88,904 | +129% |
| Trade receivables | 40 | €66,300 | €157,050 | +€90,750 | +137% |
| Other amounts receivable | 41 | €2,587 | €741 | -€1,846 | -71.4% |
| Current investments | 50/53 | €500,000 | €0 | -€500,000 | -100% |
| Cash at bank and in hand | 54/58 | €147,488 | €776,161 | +€628,673 | +426% |
| Deferred charges and accrued income | 490/1 | €10,727 | €212 | -€10,515 | -98.0% |
| Total equity and liabilities | 10/49 | €1,238,889 | €1,409,346 | +€170,457 | +13.8% |
| Equity | 10/15 | €1,042,097 | €1,177,006 | +€134,908 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,023,497 | €1,158,406 | +€134,908 | +13.2% |
| Tax-exempt reserves | 132 | €252,600 | €210,500 | -€42,100 | -16.7% |
| Distributable reserves | 133 | €770,897 | €947,906 | +€177,008 | +23.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €196,791 | €232,340 | +€35,549 | +18.1% |
| Amounts payable after more than one year | 17 | €133,063 | €133,063 | = | 0.0% |
| Other amounts payable | 178/9 | €133,063 | €133,063 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,728 | €99,150 | +€35,421 | +55.6% |
| Trade debts | 44 | €4,121 | €982 | -€3,138 | -76.2% |
| Suppliers | 440/4 | €4,121 | €982 | -€3,138 | -76.2% |
| Taxes, remuneration and social security | 45 | €9,473 | €24,224 | +€14,750 | +156% |
| Taxes | 450/3 | €9,473 | €24,224 | +€14,750 | +156% |
| Other amounts payable | 47/48 | €50,134 | €73,944 | +€23,809 | +47.5% |
| Accrued charges and deferred income | 492/3 | €0 | €128 | +€128 | |
| Non-recurring operating income | 76A | - | €23,172 | +€23,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,914 | €33,440 | +€1,526 | +4.8% |
| Other operating charges | 640/8 | €9,929 | €4,526 | -€5,403 | -54.4% |
| Gross operating margin | 9900 | €335,523 | €237,778 | -€97,746 | -29.1% |
| Operating profit (loss) | 9901 | €293,680 | €199,812 | -€93,869 | -32.0% |
| Financial income | 75/76B | €0 | €15,800 | +€15,800 | |
| Recurring financial income | 75 | €0 | €15,800 | +€15,800 | |
| Financial charges | 65/66B | €114 | €681 | +€567 | +497% |
| Recurring financial charges | 65 | €114 | €681 | +€567 | +497% |
| Profit (loss) for the period before taxes | 9903 | €293,566 | €214,930 | -€78,636 | -26.8% |
| Income taxes | 67/77 | €84,047 | €78,356 | -€5,691 | -6.8% |
| Profit (loss) for the period | 9904 | €209,519 | €136,574 | -€72,945 | -34.8% |
| Transfer from tax-exempt reserves | 789 | - | €126,300 | +€126,300 | |
| Transfer to tax-exempt reserves | 689 | €126,300 | €84,200 | -€42,100 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,219 | €178,674 | +€95,455 | +115% |
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 23 October 2026 via checked.be.