Produbel: 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.
Produbel
Largest movements
- Tangible fixed assets +€900,786
new in 2025: €900,786
- Cash +€77,119
up €77,119 (+731.5%), from €10,543 to €87,662
mainly Contributions, distributions and other (+€1.0m) and Depreciation (+€112,072)
- Receivables within one year +€61,316
up €61,316 (+36510.4%), from €168 to €61,484
of which Trade receivables: +€60,000
- Contributions +€1.0m
up €1.0m (+2620.0%), from €38,550 to €1.0m
- Tax, wage and social debts +€32,953
new in 2025: €32,953
- Gross operating margin +€142,674
up €142,674, from -€5,262 to €137,413
- Depreciation +€112,072
new in 2025: €112,072
- Taxes +€26,768
new in 2025: €26,768
- Financial charges -€5,308
down €5,308 (-97.6%), from €5,440 to €133
- Other operating charges +€1,826
up €1,826 (+361.4%), from €505 to €2,331
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 | €22,591 | €1,061,811 | +€1.0m | +4600.2% |
| Fixed assets | 21/28 | €5,550 | €906,336 | +€900,786 | +16230.4% |
| Tangible fixed assets | 22/27 | - | €900,786 | +€900,786 | |
| Land and buildings | 22 | - | €900,786 | +€900,786 | |
| Financial fixed assets | 28 | €5,550 | €5,550 | = | 0.0% |
| Current assets | 29/58 | €17,041 | €155,475 | +€138,435 | +812.4% |
| Amounts receivable within one year | 40/41 | €168 | €61,484 | +€61,316 | +36510.4% |
| Trade receivables | 40 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 41 | €168 | €1,484 | +€1,316 | +783.4% |
| Cash at bank and in hand | 54/58 | €10,543 | €87,662 | +€77,119 | +731.5% |
| Deferred charges and accrued income | 490/1 | €6,330 | €6,330 | = | 0.0% |
| Total equity and liabilities | 10/49 | €22,591 | €1,061,811 | +€1.0m | +4600.2% |
| Equity | 10/15 | €22,096 | €1,028,205 | +€1.0m | +4553.3% |
| Contributions | 10/11 | €38,550 | €1,048,550 | +€1.0m | +2620.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,309 | -€22,200 | -€3,891 | -21.3% |
| Amounts payable | 17/49 | €495 | €33,606 | +€33,112 | +6695.9% |
| Amounts payable within one year | 42/48 | €495 | €33,606 | +€33,112 | +6695.9% |
| Trade debts | 44 | €495 | €653 | +€159 | +32.1% |
| Suppliers | 440/4 | €495 | €653 | +€159 | +32.1% |
| Taxes, remuneration and social security | 45 | - | €32,953 | +€32,953 | |
| Taxes | 450/3 | - | €32,953 | +€32,953 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €112,072 | +€112,072 | |
| Other operating charges | 640/8 | €505 | €2,331 | +€1,826 | +361.4% |
| Gross operating margin | 9900 | -€5,262 | €137,413 | +€142,674 | |
| Operating profit (loss) | 9901 | -€5,767 | €23,009 | +€28,776 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,440 | €133 | -€5,308 | -97.6% |
| Recurring financial charges | 65 | €5,440 | €133 | -€5,308 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,207 | €22,876 | +€34,084 | |
| Income taxes | 67/77 | - | €26,768 | +€26,768 | |
| Profit (loss) for the period | 9904 | -€11,207 | -€3,891 | +€7,316 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,207 | -€3,891 | +€7,316 | +65.3% |
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 8 October 2026 via checked.be.