PRODOS: 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.
PRODOS
Largest movements
- Tangible fixed assets -€388,082
down €388,082 (-20.4%), from €1.9m to €1.5m
of which Plant, machinery and equipment: -€374,490
- Cash +€169,030
up €169,030 (+71.8%), from €235,302 to €404,332
mainly Depreciation (+€388,082) and Accrued charges and deferred income (+€16,407)
- Debts after one year -€155,168
down €155,168 (-16.5%), from €940,830 to €785,662
- Profit (loss) carried forward -€81,374
down €81,374 (-89.0%), from -€91,447 to -€172,820
- Gross operating margin -€45,863
down €45,863 (-11.1%), from €413,475 to €367,611
- Financial charges +€13,831
up €13,831 (+30.7%), from €45,007 to €58,838
- Depreciation -€6,433
down €6,433 (-1.6%), from €394,515 to €388,082
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.
Derived cash bridge
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 | €2,203,850 | €1,982,674 | -€221,176 | -10.0% |
| Fixed assets | 21/28 | €1,903,953 | €1,515,871 | -€388,082 | -20.4% |
| Tangible fixed assets | 22/27 | €1,903,953 | €1,515,871 | -€388,082 | -20.4% |
| Plant, machinery and equipment | 23 | €1,816,194 | €1,441,704 | -€374,490 | -20.6% |
| Furniture and vehicles | 24 | €87,759 | €74,167 | -€13,592 | -15.5% |
| Current assets | 29/58 | €299,897 | €466,803 | +€166,906 | +55.7% |
| Amounts receivable within one year | 40/41 | €53,724 | €58,330 | +€4,606 | +8.6% |
| Trade receivables | 40 | €44,573 | €56,855 | +€12,281 | +27.6% |
| Other amounts receivable | 41 | €9,151 | €1,475 | -€7,675 | -83.9% |
| Cash at bank and in hand | 54/58 | €235,302 | €404,332 | +€169,030 | +71.8% |
| Deferred charges and accrued income | 490/1 | €10,872 | €4,142 | -€6,730 | -61.9% |
| Total equity and liabilities | 10/49 | €2,203,850 | €1,982,674 | -€221,176 | -10.0% |
| Equity | 10/15 | €545,584 | €464,210 | -€81,374 | -14.9% |
| Contributions | 10/11 | €637,031 | €637,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,447 | -€172,820 | -€81,374 | -89.0% |
| Amounts payable | 17/49 | €1,658,267 | €1,518,464 | -€139,802 | -8.4% |
| Amounts payable after more than one year | 17 | €940,830 | €785,662 | -€155,168 | -16.5% |
| Financial debts | 170/4 | €940,830 | €785,662 | -€155,168 | -16.5% |
| Amounts payable within one year | 42/48 | €694,713 | €693,671 | -€1,042 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €208,918 | €208,918 | = | 0.0% |
| Trade debts | 44 | €4,615 | €6,664 | +€2,049 | +44.4% |
| Suppliers | 440/4 | €4,615 | €6,664 | +€2,049 | +44.4% |
| Taxes, remuneration and social security | 45 | €79 | €974 | +€895 | +1,140% |
| Taxes | 450/3 | €79 | €974 | +€895 | +1,140% |
| Other amounts payable | 47/48 | €481,101 | €477,115 | -€3,986 | -0.8% |
| Accrued charges and deferred income | 492/3 | €22,723 | €39,131 | +€16,407 | +72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394,515 | €388,082 | -€6,433 | -1.6% |
| Other operating charges | 640/8 | €1,143 | €1,754 | +€611 | +53.5% |
| Gross operating margin | 9900 | €413,475 | €367,611 | -€45,863 | -11.1% |
| Operating profit (loss) | 9901 | €17,817 | -€22,225 | -€40,042 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €45,007 | €58,838 | +€13,831 | +30.7% |
| Recurring financial charges | 65 | €45,007 | €58,838 | +€13,831 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,185 | -€81,063 | -€53,878 | -198% |
| Income taxes | 67/77 | €14 | €311 | +€297 | +2,127% |
| Profit (loss) for the period | 9904 | -€27,199 | -€81,374 | -€54,175 | -199% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,199 | -€81,374 | -€54,175 | -199% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.