PROSCI BELGIUM: 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.
PROSCI BELGIUM
Largest movements
- Intangible fixed assets +€1.5m
new in 2024: €1.5m
- Cash -€256,201
down €256,201 (-59.2%), from €432,941 to €176,740
mainly Investment in fixed assets (net) (-€1.6m) and Receivables within one year (-€193,432)
- Receivables within one year +€193,432
up €193,432 (+43.3%), from €446,246 to €639,679
of which Trade receivables: +€251,613
- Other debts +€1.4m
new in 2024: €1.4m
- Accrued charges and deferred income +€156,788
up €156,788 (+189%), from €82,761 to €239,550
- Debts after one year +€151,435
new in 2024: €151,435
- Trade debts -€149,330
down €149,330 (-38.3%), from €390,013 to €240,683
- Profit (loss) carried forward -€119,617
down €119,617 (-44.2%), from €270,783 to €151,166
- Depreciation +€143,418
up €143,418 (+837%), from €17,130 to €160,548
- Staff costs -€86,462
down €86,462 (-13.9%), from €620,447 to €533,985
- Taxes +€52,523
up €52,523 (+702%), from €7,477 to €60,000
- Gross operating margin +€27,536
up €27,536 (+4.3%), from €642,372 to €669,908
- Write-downs +€8,874
new in 2024: €8,874
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 | €1,051,213 | €2,483,272 | +€1.4m | +136% |
| Fixed assets | 21/28 | €142,864 | €1,632,183 | +€1.5m | +1,042% |
| Intangible fixed assets | 21 | - | €1,482,711 | +€1.5m | |
| Tangible fixed assets | 22/27 | €9,196 | €15,831 | +€6,635 | +72.2% |
| Furniture and vehicles | 24 | €7,208 | €15,831 | +€8,623 | +120% |
| Other tangible fixed assets | 26 | €1,987 | - | -€1,987 | |
| Financial fixed assets | 28 | €133,668 | €133,642 | -€26 | 0.0% |
| Current assets | 29/58 | €908,349 | €851,088 | -€57,261 | -6.3% |
| Amounts receivable within one year | 40/41 | €446,246 | €639,679 | +€193,432 | +43.3% |
| Trade receivables | 40 | €382,376 | €633,990 | +€251,613 | +65.8% |
| Other amounts receivable | 41 | €63,870 | €5,689 | -€58,181 | -91.1% |
| Cash at bank and in hand | 54/58 | €432,941 | €176,740 | -€256,201 | -59.2% |
| Deferred charges and accrued income | 490/1 | €29,162 | €34,670 | +€5,508 | +18.9% |
| Total equity and liabilities | 10/49 | €1,051,213 | €2,483,272 | +€1.4m | +136% |
| Equity | 10/15 | €470,442 | €350,825 | -€119,617 | -25.4% |
| Contributions | 10/11 | €181,508 | €181,508 | = | 0.0% |
| Reserves | 13 | €18,151 | €18,151 | = | 0.0% |
| Distributable reserves | 133 | €18,151 | €18,151 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,783 | €151,166 | -€119,617 | -44.2% |
| Amounts payable | 17/49 | €580,770 | €2,132,447 | +€1.6m | +267% |
| Amounts payable after more than one year | 17 | - | €151,435 | +€151,435 | |
| Other amounts payable | 178/9 | - | €151,435 | +€151,435 | |
| Amounts payable within one year | 42/48 | €498,009 | €1,741,462 | +€1.2m | +250% |
| Current portion of amounts payable after more than one year | 42 | - | €40,589 | +€40,589 | |
| Trade debts | 44 | €390,013 | €240,683 | -€149,330 | -38.3% |
| Suppliers | 440/4 | €390,013 | €240,683 | -€149,330 | -38.3% |
| Taxes, remuneration and social security | 45 | €107,996 | €81,329 | -€26,667 | -24.7% |
| Taxes | 450/3 | €24,475 | €39,916 | +€15,441 | +63.1% |
| Remuneration and social security | 454/9 | €83,521 | €41,413 | -€42,108 | -50.4% |
| Other amounts payable | 47/48 | - | €1,378,861 | +€1.4m | |
| Accrued charges and deferred income | 492/3 | €82,761 | €239,550 | +€156,788 | +189% |
| Remuneration, social security and pensions | 62 | €620,447 | €533,985 | -€86,462 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,130 | €160,548 | +€143,418 | +837% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,874 | +€8,874 | |
| Other operating charges | 640/8 | €1,249 | €5,864 | +€4,615 | +369% |
| Non-recurring operating charges | 66A | €13,464 | - | -€13,464 | |
| Gross operating margin | 9900 | €642,372 | €669,908 | +€27,536 | +4.3% |
| Operating profit (loss) | 9901 | -€9,918 | -€39,362 | -€29,444 | -297% |
| Financial income | 75/76B | €691 | - | -€691 | |
| Recurring financial income | 75 | €691 | - | -€691 | |
| Financial charges | 65/66B | €21,223 | €20,255 | -€968 | -4.6% |
| Recurring financial charges | 65 | €21,223 | €20,255 | -€968 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€30,450 | -€59,617 | -€29,168 | -95.8% |
| Income taxes | 67/77 | €7,477 | €60,000 | +€52,523 | +702% |
| Profit (loss) for the period | 9904 | -€37,927 | -€119,617 | -€81,691 | -215% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,927 | -€119,617 | -€81,691 | -215% |
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 20 October 2026 via checked.be.