DE PROOST: 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.
DE PROOST
Largest movements
- Stocks and contracts +€48,500
up €48,500 (+8.1%), from €595,777 to €644,277
- Cash -€36,280
down €36,280 (-9.2%), from €396,116 to €359,836
mainly Contributions, distributions and other (-€160,000) and Stocks and contracts (-€48,500)
- Tangible fixed assets -€29,161
down €29,161 (-26.4%), from €110,566 to €81,406
of which Furniture and vehicles: -€17,364
- Trade debts -€32,906
down €32,906 (-42.3%), from €77,863 to €44,957
- Gross operating margin -€27,808
down €27,808 (-7.3%), from €381,156 to €353,348
- Staff costs -€25,100
down €25,100 (-12.6%), from €199,698 to €174,598
- Taxes +€8,070
up €8,070 (+418.5%), from €1,928 to €9,998
- Financial income +€6,322
up €6,322 (+25.7%), from €24,616 to €30,939
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,125,160 | €1,104,864 | -€20,296 | -1.8% |
| Fixed assets | 21/28 | €116,270 | €83,526 | -€32,744 | -28.2% |
| Intangible fixed assets | 21 | €3,583 | - | -€3,583 | |
| Tangible fixed assets | 22/27 | €110,566 | €81,406 | -€29,161 | -26.4% |
| Plant, machinery and equipment | 23 | €35,832 | €24,035 | -€11,797 | -32.9% |
| Furniture and vehicles | 24 | €74,734 | €57,371 | -€17,364 | -23.2% |
| Financial fixed assets | 28 | €2,121 | €2,121 | = | 0.0% |
| Current assets | 29/58 | €1,008,890 | €1,021,338 | +€12,448 | +1.2% |
| Stocks and contracts in progress | 3 | €595,777 | €644,277 | +€48,500 | +8.1% |
| Stocks | 30/36 | €595,777 | €644,277 | +€48,500 | +8.1% |
| Amounts receivable within one year | 40/41 | €3,310 | €1,988 | -€1,321 | -39.9% |
| Trade receivables | 40 | €3,084 | €1,762 | -€1,321 | -42.8% |
| Other amounts receivable | 41 | €226 | €226 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €396,116 | €359,836 | -€36,280 | -9.2% |
| Deferred charges and accrued income | 490/1 | €13,688 | €15,237 | +€1,549 | +11.3% |
| Total equity and liabilities | 10/49 | €1,125,160 | €1,104,864 | -€20,296 | -1.8% |
| Equity | 10/15 | €829,819 | €831,794 | +€1,975 | +0.2% |
| Contributions | 10/11 | €83,784 | €83,784 | = | 0.0% |
| Capital | 10 | €81,000 | €81,000 | = | 0.0% |
| Issued capital | 100 | €81,000 | €81,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,784 | €2,784 | = | 0.0% |
| Share premium | 1100/10 | €2,784 | €2,784 | = | 0.0% |
| Reserves | 13 | €746,035 | €748,010 | +€1,975 | +0.3% |
| Non-distributable reserves | 130/1 | €8,100 | €8,100 | = | 0.0% |
| Legal reserve | 130 | €8,100 | €8,100 | = | 0.0% |
| Distributable reserves | 133 | €737,935 | €739,910 | +€1,975 | +0.3% |
| Amounts payable | 17/49 | €295,341 | €273,071 | -€22,270 | -7.5% |
| Amounts payable within one year | 42/48 | €295,341 | €273,071 | -€22,270 | -7.5% |
| Trade debts | 44 | €77,863 | €44,957 | -€32,906 | -42.3% |
| Suppliers | 440/4 | €77,863 | €44,957 | -€32,906 | -42.3% |
| Taxes, remuneration and social security | 45 | €56,595 | €67,158 | +€10,562 | +18.7% |
| Taxes | 450/3 | €42,072 | €45,528 | +€3,455 | +8.2% |
| Remuneration and social security | 454/9 | €14,523 | €21,630 | +€7,107 | +48.9% |
| Other amounts payable | 47/48 | €160,883 | €160,956 | +€74 | 0.0% |
| Non-recurring operating income | 76A | €11,933 | €870 | -€11,063 | -92.7% |
| Remuneration, social security and pensions | 62 | €199,698 | €174,598 | -€25,100 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,992 | €35,439 | -€2,553 | -6.7% |
| Other operating charges | 640/8 | €2,073 | €1,910 | -€163 | -7.8% |
| Non-recurring operating charges | 66A | €352 | - | -€352 | |
| Gross operating margin | 9900 | €381,156 | €353,348 | -€27,808 | -7.3% |
| Operating profit (loss) | 9901 | €141,042 | €141,401 | +€359 | +0.3% |
| Financial income | 75/76B | €24,616 | €30,939 | +€6,322 | +25.7% |
| Recurring financial income | 75 | €24,616 | €30,939 | +€6,322 | +25.7% |
| Financial charges | 65/66B | €420 | €367 | -€53 | -12.7% |
| Recurring financial charges | 65 | €420 | €367 | -€53 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €165,238 | €171,972 | +€6,734 | +4.1% |
| Income taxes | 67/77 | €1,928 | €9,998 | +€8,070 | +418.5% |
| Profit (loss) for the period | 9904 | €163,310 | €161,975 | -€1,335 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €163,310 | €161,975 | -€1,335 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 31 May 2025 and 31 May 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.