PROEDIF: 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.
PROEDIF
Largest movements
- Tangible fixed assets +€3.5m
up €3.5m (+42.4%), from €8.2m to €11.7m
of which Assets under construction and advance payments: +€3.5m
- Debts after one year +€2.2m
up €2.2m (+34.6%), from €6.4m to €8.6m
- Current portion of long-term debt +€663,822
up €663,822 (+36.9%), from €1.8m to €2.5m
- Short-term financial debts +€176,327
new in 2025: €176,327
- Trade debts +€161,042
up €161,042 (+163%), from €98,585 to €259,627
- Accrued charges and deferred income +€127,964
up €127,964 (+130%), from €98,444 to €226,407
- Financial income +€176,503
new in 2025: €176,503
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.
Derived cash bridge
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 | €8,210,725 | €11,676,686 | +€3.5m | +42.2% |
| Fixed assets | 21/28 | €8,198,982 | €11,676,100 | +€3.5m | +42.4% |
| Tangible fixed assets | 22/27 | €8,198,982 | €11,676,100 | +€3.5m | +42.4% |
| Land and buildings | 22 | €876,419 | €896,841 | +€20,422 | +2.3% |
| Assets under construction and advance payments | 27 | €7,322,563 | €10,779,259 | +€3.5m | +47.2% |
| Current assets | 29/58 | €11,743 | €586 | -€11,157 | -95.0% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €6,479 | - | -€6,479 | |
| Deferred charges and accrued income | 490/1 | €5,264 | €586 | -€4,678 | -88.9% |
| Total equity and liabilities | 10/49 | €8,210,725 | €11,676,686 | +€3.5m | +42.2% |
| Equity | 10/15 | -€207,932 | -€94,314 | +€113,618 | +54.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,532 | -€112,914 | +€113,618 | +50.2% |
| Amounts payable | 17/49 | €8,418,657 | €11,770,999 | +€3.4m | +39.8% |
| Amounts payable after more than one year | 17 | €6,421,338 | €8,644,527 | +€2.2m | +34.6% |
| Financial debts | 170/4 | €6,421,338 | €8,644,527 | +€2.2m | +34.6% |
| Credit institutions | 173 | €4,871,484 | €6,149,573 | +€1.3m | +26.2% |
| Other loans | 174 | €1,549,855 | €2,494,953 | +€945,098 | +61.0% |
| Amounts payable within one year | 42/48 | €1,898,875 | €2,900,065 | +€1.0m | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €1,800,290 | €2,464,111 | +€663,822 | +36.9% |
| Financial debts | 43 | - | €176,327 | +€176,327 | |
| Credit institutions | 430/8 | - | €176,327 | +€176,327 | |
| Trade debts | 44 | €98,585 | €259,627 | +€161,042 | +163% |
| Suppliers | 440/4 | €98,585 | €259,627 | +€161,042 | +163% |
| Accrued charges and deferred income | 492/3 | €98,444 | €226,407 | +€127,964 | +130% |
| Operating charges | 60/66A | €26,900 | €16,077 | -€10,822 | -40.2% |
| Services and other goods | 61 | €25,722 | €15,018 | -€10,704 | -41.6% |
| Other operating charges | 640/8 | €1,178 | €1,060 | -€118 | -10.0% |
| Operating profit (loss) | 9901 | -€26,900 | -€16,077 | +€10,822 | +40.2% |
| Financial income | 75/76B | - | €176,503 | +€176,503 | |
| Recurring financial income | 75 | - | €176,503 | +€176,503 | |
| Income from financial fixed assets | 750 | - | €176,503 | +€176,503 | |
| Financial charges | 65/66B | €33,963 | €46,808 | +€12,845 | +37.8% |
| Recurring financial charges | 65 | €33,963 | €46,808 | +€12,845 | +37.8% |
| Debt charges | 650 | €33,326 | €41,519 | +€8,193 | +24.6% |
| Other financial charges | 652/9 | €637 | €5,289 | +€4,652 | +730% |
| Profit (loss) for the period before taxes | 9903 | -€60,863 | €113,618 | +€174,481 | |
| Profit (loss) for the period | 9904 | -€60,863 | €113,618 | +€174,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,863 | €113,618 | +€174,481 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.