PRODA: what changed
What changed
PRODA
filed annual accounts (NBB)
Net result for the year
€2,201
2024 · €9,098-€6,897
Equity
€1.1m
2024 · €1.1m+€2,201
Cash
€224,234
2024 · €166,569+€57,665
Balance sheet total
€1.2m
2024 · €1.5m-€238,982
Largest movements
Assets
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Cash +€57,665
up €57,665 (+34.6%), from €166,569 to €224,234
mainly Current investments (+€250,000) and Depreciation (+€28,756)
- Tangible fixed assets -€25,375
down €25,375 (-2.5%), from €1.0m to €1.0m
of which Furniture and vehicles: -€35,050
- Receivables within one year -€21,272
down €21,272 (-99.4%), from €21,400 to €128
Equity and liabilities
- Tax, wage and social debts -€179,441
down €179,441 (-95.1%), from €188,707 to €9,266
of which Taxes: -€178,179
- Other debts -€49,811
down €49,811 (-38.6%), from €128,922 to €79,111
Income statement
- Gross operating margin -€18,382
down €18,382 (-37.8%), from €48,656 to €30,274
- Taxes -€11,392
down €11,392 (-76.2%), from €14,947 to €3,556
- Financial charges -€2,999
down €2,999 (-88.8%), from €3,378 to €379
- Financial income -€1,712
down €1,712 (-30.2%), from €5,659 to €3,948
- Depreciation +€1,474
up €1,474 (+5.4%), from €27,282 to €28,756
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€9,098
Gross operating margin
-€18,382
Depreciation
-€1,474
Other operating charges
-€7
Financial income
-€1,712
Financial charges
+€2,999
Taxes
+€11,392
Deferred taxes and other
+€287
Result 2025
€2,201
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€185,313
Investment
+€246,618
Financing
-€3,641
Cash 2024
€166,569
From operations (derived)
-€185,313
Net result for the year
+€2,201
Depreciation
+€28,756
Receivables within one year
+€21,272
Provisions
-€3,226
Trade debts
-€3,086
Tax, wage and social debts
-€179,441
Other debts
-€49,811
Accrued charges and deferred income
-€1,977
Investment (derived)
+€246,618
Investment in fixed assets (net)
-€3,382
Current investments
+€250,000
Financing
-€3,641
Current portion of long-term debt
-€3,641
Cash 2025
€224,234
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,472,843 | €1,233,862 | -€238,982 | -16.2% |
| Fixed assets | 21/28 | €1,034,874 | €1,009,499 | -€25,375 | -2.5% |
| Tangible fixed assets | 22/27 | €1,034,874 | €1,009,499 | -€25,375 | -2.5% |
| Land and buildings | 22 | €999,824 | €1,009,499 | +€9,676 | +1.0% |
| Furniture and vehicles | 24 | €35,050 | €0 | -€35,050 | -100% |
| Current assets | 29/58 | €437,969 | €224,362 | -€213,607 | -48.8% |
| Amounts receivable within one year | 40/41 | €21,400 | €128 | -€21,272 | -99.4% |
| Other amounts receivable | 41 | €21,400 | €128 | -€21,272 | -99.4% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €166,569 | €224,234 | +€57,665 | +34.6% |
| Total equity and liabilities | 10/49 | €1,472,843 | €1,233,862 | -€238,982 | -16.2% |
| Equity | 10/15 | €1,070,958 | €1,073,158 | +€2,201 | +0.2% |
| Contributions | 10/11 | €90,233 | €90,233 | = | 0.0% |
| Capital | 10 | €90,233 | €90,233 | = | 0.0% |
| Issued capital | 100 | €90,233 | €90,233 | = | 0.0% |
| Revaluation surpluses | 12 | €5,008 | €5,008 | = | 0.0% |
| Reserves | 13 | €349,772 | €340,094 | -€9,678 | -2.8% |
| Non-distributable reserves | 130/1 | €9,134 | €9,023 | -€110 | -1.2% |
| Legal reserve | 130 | €9,134 | €9,023 | -€110 | -1.2% |
| Tax-exempt reserves | 132 | €230,081 | €220,403 | -€9,678 | -4.2% |
| Distributable reserves | 133 | €110,557 | €110,668 | +€110 | +0.1% |
| Profit (loss) carried forward | 14 | €625,944 | €637,823 | +€11,879 | +1.9% |
| Provisions and deferred taxes | 16 | €74,406 | €71,180 | -€3,226 | -4.3% |
| Deferred taxes | 168 | €74,406 | €71,180 | -€3,226 | -4.3% |
| Amounts payable | 17/49 | €327,479 | €89,523 | -€237,956 | -72.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €324,474 | €88,495 | -€235,979 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €3,641 | €0 | -€3,641 | -100% |
| Trade debts | 44 | €3,205 | €118 | -€3,086 | -96.3% |
| Suppliers | 440/4 | €3,205 | €118 | -€3,086 | -96.3% |
| Taxes, remuneration and social security | 45 | €188,707 | €9,266 | -€179,441 | -95.1% |
| Taxes | 450/3 | €187,445 | €9,266 | -€178,179 | -95.1% |
| Remuneration and social security | 454/9 | €1,262 | - | -€1,262 | |
| Other amounts payable | 47/48 | €128,922 | €79,111 | -€49,811 | -38.6% |
| Accrued charges and deferred income | 492/3 | €3,005 | €1,028 | -€1,977 | -65.8% |
| Non-recurring operating income | 76A | - | €20,950 | +€20,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,282 | €28,756 | +€1,474 | +5.4% |
| Other operating charges | 640/8 | €2,548 | €2,555 | +€7 | +0.3% |
| Gross operating margin | 9900 | €48,656 | €30,274 | -€18,382 | -37.8% |
| Operating profit (loss) | 9901 | €18,826 | -€1,038 | -€19,863 | |
| Financial income | 75/76B | €5,659 | €3,948 | -€1,712 | -30.2% |
| Recurring financial income | 75 | €5,659 | €3,948 | -€1,712 | -30.2% |
| Financial charges | 65/66B | €3,378 | €379 | -€2,999 | -88.8% |
| Recurring financial charges | 65 | €3,378 | €379 | -€2,999 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €21,106 | €2,531 | -€18,576 | -88.0% |
| Transfer from deferred taxes | 780 | €2,939 | €3,226 | +€287 | +9.8% |
| Income taxes | 67/77 | €14,947 | €3,556 | -€11,392 | -76.2% |
| Profit (loss) for the period | 9904 | €9,098 | €2,201 | -€6,897 | -75.8% |
| Transfer from tax-exempt reserves | 789 | €8,817 | €9,678 | +€861 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,915 | €11,879 | -€6,035 | -33.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.