PRODEM: 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.
PRODEM
Largest movements
- Receivables within one year +€50,472
up €50,472 (+24.6%), from €205,563 to €256,035
- Stocks and contracts -€25,024
down €25,024 (-19.4%), from €128,854 to €103,830
- Tangible fixed assets +€16,832
up €16,832 (+31.3%), from €53,730 to €70,562
of which Plant, machinery and equipment: +€27,407
- Cash -€12,373
down €12,373 (-59.0%), from €20,979 to €8,605
mainly Receivables within one year (-€50,472) and Investment in fixed assets (net) (-€30,500)
- Debts after one year +€20,438
up €20,438 (+52.4%), from €39,008 to €59,446
- Current portion of long-term debt +€7,682
up €7,682 (+83.7%), from €9,184 to €16,866
- Gross operating margin -€63,725
down €63,725 (-35.1%), from €181,466 to €117,741
- Staff costs -€13,773
down €13,773 (-13.3%), from €103,291 to €89,517
- Other operating charges +€7,003
up €7,003 (+1287.8%), from €544 to €7,547
- Depreciation +€6,170
up €6,170 (+82.3%), from €7,498 to €13,668
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €415,060 | €445,787 | +€30,727 | +7.4% |
| Fixed assets | 21/28 | €53,730 | €70,562 | +€16,832 | +31.3% |
| Tangible fixed assets | 22/27 | €53,730 | €70,562 | +€16,832 | +31.3% |
| Plant, machinery and equipment | 23 | €6,070 | €33,478 | +€27,407 | +451.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €47,660 | €37,085 | -€10,575 | -22.2% |
| Current assets | 29/58 | €361,330 | €375,225 | +€13,895 | +3.8% |
| Stocks and contracts in progress | 3 | €128,854 | €103,830 | -€25,024 | -19.4% |
| Stocks | 30/36 | €128,854 | €103,830 | -€25,024 | -19.4% |
| Amounts receivable within one year | 40/41 | €205,563 | €256,035 | +€50,472 | +24.6% |
| Trade receivables | 40 | €205,563 | €256,035 | +€50,472 | +24.6% |
| Cash at bank and in hand | 54/58 | €20,979 | €8,605 | -€12,373 | -59.0% |
| Deferred charges and accrued income | 490/1 | €5,934 | €6,754 | +€820 | +13.8% |
| Total equity and liabilities | 10/49 | €415,060 | €445,787 | +€30,727 | +7.4% |
| Equity | 10/15 | €165,262 | €164,890 | -€373 | -0.2% |
| Contributions | 10/11 | €52,100 | €52,100 | = | 0.0% |
| Reserves | 13 | €153,066 | €153,066 | = | 0.0% |
| Distributable reserves | 133 | €153,066 | €153,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,903 | -€40,276 | -€373 | -0.9% |
| Amounts payable | 17/49 | €249,798 | €280,897 | +€31,100 | +12.4% |
| Amounts payable after more than one year | 17 | €39,008 | €59,446 | +€20,438 | +52.4% |
| Financial debts | 170/4 | €39,008 | €59,446 | +€20,438 | +52.4% |
| Amounts payable within one year | 42/48 | €210,790 | €221,452 | +€10,662 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €9,184 | €16,866 | +€7,682 | +83.7% |
| Trade debts | 44 | €167,911 | €166,960 | -€951 | -0.6% |
| Suppliers | 440/4 | €167,911 | €166,960 | -€951 | -0.6% |
| Taxes, remuneration and social security | 45 | €15,969 | €19,899 | +€3,930 | +24.6% |
| Taxes | 450/3 | €5,317 | €5,044 | -€273 | -5.1% |
| Remuneration and social security | 454/9 | €10,652 | €14,855 | +€4,203 | +39.5% |
| Other amounts payable | 47/48 | €17,727 | €17,727 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €103,291 | €89,517 | -€13,773 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,498 | €13,668 | +€6,170 | +82.3% |
| Other operating charges | 640/8 | €544 | €7,547 | +€7,003 | +1287.8% |
| Gross operating margin | 9900 | €181,466 | €117,741 | -€63,725 | -35.1% |
| Operating profit (loss) | 9901 | €70,134 | €7,009 | -€63,124 | -90.0% |
| Financial income | 75/76B | €279 | €20 | -€259 | -92.8% |
| Recurring financial income | 75 | €279 | €20 | -€259 | -92.8% |
| Financial charges | 65/66B | €8,033 | €7,402 | -€631 | -7.9% |
| Recurring financial charges | 65 | €8,033 | €7,402 | -€631 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €62,379 | -€373 | -€62,752 | |
| Profit (loss) for the period | 9904 | €62,379 | -€373 | -€62,752 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,379 | -€373 | -€62,752 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.