PRODELCO: 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.
PRODELCO
Largest movements
- Receivables within one year -€21,187
down €21,187 (-70.9%), from €29,886 to €8,699
of which Trade receivables: -€14,520
- Cash -€11,763
down €11,763 (-14.1%), from €83,653 to €71,891
mainly Contributions, distributions and other (-€97,237) and Current portion of long-term debt (-€54,618)
- Other debts +€97,237
new in 2025: €97,237
- Current portion of long-term debt -€54,618
down €54,618 (-100.0%), from €54,618 to €0
- Profit (loss) carried forward -€49,187
down €49,187 (-100.0%), from €49,187 to €0
- Trade debts -€26,574
down €26,574 (-95.1%), from €27,936 to €1,363
- Gross operating margin -€64,550
down €64,550 (-48.9%), from €131,900 to €67,350
- Taxes -€24,835
down €24,835 (-58.1%), from €42,769 to €17,934
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 | €511,415 | €478,293 | -€33,122 | -6.5% |
| Fixed assets | 21/28 | €397,876 | €397,325 | -€551 | -0.1% |
| Tangible fixed assets | 22/27 | €727 | €177 | -€551 | -75.7% |
| Furniture and vehicles | 24 | €727 | €177 | -€551 | -75.7% |
| Financial fixed assets | 28 | €397,149 | €397,149 | = | 0.0% |
| Current assets | 29/58 | €113,539 | €80,968 | -€32,571 | -28.7% |
| Amounts receivable within one year | 40/41 | €29,886 | €8,699 | -€21,187 | -70.9% |
| Trade receivables | 40 | €14,520 | €0 | -€14,520 | -100.0% |
| Other amounts receivable | 41 | €15,366 | €8,699 | -€6,667 | -43.4% |
| Cash at bank and in hand | 54/58 | €83,653 | €71,891 | -€11,763 | -14.1% |
| Deferred charges and accrued income | 490/1 | - | €378 | +€378 | |
| Total equity and liabilities | 10/49 | €511,415 | €478,293 | -€33,122 | -6.5% |
| Equity | 10/15 | €392,443 | €341,401 | -€51,042 | -13.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €324,706 | €322,851 | -€1,855 | -0.6% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €322,851 | €322,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,187 | €0 | -€49,187 | -100.0% |
| Amounts payable | 17/49 | €118,972 | €136,892 | +€17,920 | +15.1% |
| Amounts payable within one year | 42/48 | €118,972 | €136,892 | +€17,920 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €54,618 | €0 | -€54,618 | -100.0% |
| Trade debts | 44 | €27,936 | €1,363 | -€26,574 | -95.1% |
| Suppliers | 440/4 | €27,936 | €1,363 | -€26,574 | -95.1% |
| Taxes, remuneration and social security | 45 | €36,417 | €38,292 | +€1,875 | +5.1% |
| Taxes | 450/3 | €36,417 | €38,292 | +€1,875 | +5.1% |
| Other amounts payable | 47/48 | - | €97,237 | +€97,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €551 | €551 | = | 0.0% |
| Other operating charges | 640/8 | €628 | €1,470 | +€842 | +134.1% |
| Gross operating margin | 9900 | €131,900 | €67,350 | -€64,550 | -48.9% |
| Operating profit (loss) | 9901 | €130,721 | €65,329 | -€65,392 | -50.0% |
| Financial income | 75/76B | €64 | €511 | +€446 | +694.6% |
| Recurring financial income | 75 | €64 | €511 | +€446 | +694.6% |
| Financial charges | 65/66B | €1,173 | €1,711 | +€537 | +45.8% |
| Recurring financial charges | 65 | €1,173 | €1,711 | +€537 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €129,612 | €64,129 | -€65,483 | -50.5% |
| Income taxes | 67/77 | €42,769 | €17,934 | -€24,835 | -58.1% |
| Profit (loss) for the period | 9904 | €86,843 | €46,195 | -€40,648 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,843 | €46,195 | -€40,648 | -46.8% |
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 3 October 2026 via checked.be.