PRODEXCO: 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.
PRODEXCO
Largest movements
- Tangible fixed assets -€5,073
down €5,073 (-3.6%), from €140,660 to €135,587
- Debts after one year -€10,063
down €10,063 (-14.0%), from €71,818 to €61,755
- Equity +€4,927
up €4,927 (+4.2%), from €117,524 to €122,451
of which Contributions: +€6,200
- Debts within one year +€3,057
up €3,057 (+9.4%), from €32,589 to €35,647
of which Tax, wage and social debts: +€12,119
- Financial charges +€3,997
new in 2021: €3,997
- Other operating charges +€1,514
new in 2021: €1,514
- Gross operating margin +€1,071
up €1,071 (+6.6%), from €16,168 to €17,239
- Taxes +€440
up €440 (+34.2%), from €1,287 to €1,728
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,932 | €219,852 | -€2,080 | -0.9% |
| Fixed assets | 21/28 | €140,660 | €135,587 | -€5,073 | -3.6% |
| Tangible fixed assets | 22/27 | €140,660 | €135,587 | -€5,073 | -3.6% |
| Land and buildings | 22 | - | €135,587 | +€135,587 | |
| Current assets | 29/58 | €81,272 | €84,265 | +€2,993 | +3.7% |
| Amounts receivable within one year | 40/41 | €76,799 | €78,381 | +€1,582 | +2.1% |
| Trade receivables | 40 | - | €78,089 | +€78,089 | |
| Other amounts receivable | 41 | - | €293 | +€293 | |
| Cash at bank and in hand | 54/58 | €4,472 | €5,884 | +€1,411 | +31.6% |
| Total equity and liabilities | 10/49 | €221,932 | €219,852 | -€2,080 | -0.9% |
| Equity | 10/15 | €117,524 | €122,451 | +€4,927 | +4.2% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €109,464 | €114,391 | +€4,927 | +4.5% |
| Amounts payable | 17/49 | €104,407 | €97,401 | -€7,006 | -6.7% |
| Amounts payable after more than one year | 17 | €71,818 | €61,755 | -€10,063 | -14.0% |
| Financial debts | 170/4 | - | €61,755 | +€61,755 | |
| Amounts payable within one year | 42/48 | €32,589 | €35,647 | +€3,057 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,069 | +€10,069 | |
| Trade debts | 44 | €320 | €1,742 | +€1,422 | +444.2% |
| Suppliers | 440/4 | - | €1,742 | +€1,742 | |
| Taxes, remuneration and social security | 45 | - | €12,119 | +€12,119 | |
| Taxes | 450/3 | - | €3,442 | +€3,442 | |
| Remuneration and social security | 454/9 | - | €8,677 | +€8,677 | |
| Other amounts payable | 47/48 | - | €11,717 | +€11,717 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,073 | €5,073 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,514 | +€1,514 | |
| Gross operating margin | 9900 | €16,168 | €17,239 | +€1,071 | +6.6% |
| Operating profit (loss) | 9901 | €9,606 | €10,651 | +€1,045 | +10.9% |
| Financial charges | 65/66B | - | €3,997 | +€3,997 | |
| Recurring financial charges | 65 | €4,451 | €3,997 | -€454 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €5,155 | €6,654 | +€1,499 | +29.1% |
| Income taxes | 67/77 | €1,287 | €1,728 | +€440 | +34.2% |
| Profit (loss) for the period | 9904 | €3,868 | €4,927 | +€1,059 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,868 | €4,927 | +€1,059 | +27.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.