JOHAN PROOT: 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.
JOHAN PROOT
Largest movements
- Tangible fixed assets -€18,492
down €18,492 (-25.8%), from €71,639 to €53,147
of which Other tangible fixed assets: -€12,968
- Cash -€17,258
down €17,258 (-31.6%), from €54,564 to €37,305
mainly Net result for the year (-€45,592) and Debts after one year (-€6,605)
- Receivables within one year -€16,951
down €16,951 (-54.4%), from €31,172 to €14,221
of which Trade receivables: -€16,951
- Stocks and contracts +€2,074
up €2,074 (+10.4%), from €19,862 to €21,936
of which Stocks: +€2,074
- Profit (loss) carried forward -€45,592
down €45,592 (-154.8%), from -€29,458 to -€75,050
- Debts after one year -€6,605
down €6,605 (-27.1%), from €24,341 to €17,735
- Trade debts +€5,461
up €5,461 (+101.1%), from €5,404 to €10,864
- Tax, wage and social debts -€4,993
down €4,993 (-57.0%), from €8,756 to €3,763
of which Taxes: -€2,636
- Other debts +€3,308
up €3,308 (+224.9%), from €1,471 to €4,779
- Gross operating margin -€67,800
down €67,800 (-73.9%), from €91,752 to €23,952
- Staff costs -€31,489
down €31,489 (-39.6%), from €79,615 to €48,127
- Depreciation -€8,256
down €8,256 (-30.9%), from €26,748 to €18,492
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 | €181,160 | €129,775 | -€51,385 | -28.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €71,639 | €53,147 | -€18,492 | -25.8% |
| Tangible fixed assets | 22/27 | €71,639 | €53,147 | -€18,492 | -25.8% |
| Plant, machinery and equipment | 23 | €5,880 | €3,630 | -€2,250 | -38.3% |
| Furniture and vehicles | 24 | €8,038 | €4,764 | -€3,274 | -40.7% |
| Other tangible fixed assets | 26 | €57,721 | €44,753 | -€12,968 | -22.5% |
| Current assets | 29/58 | €109,522 | €76,628 | -€32,893 | -30.0% |
| Stocks and contracts in progress | 3 | €19,862 | €21,936 | +€2,074 | +10.4% |
| Stocks | 30/36 | €19,862 | €21,936 | +€2,074 | +10.4% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €31,172 | €14,221 | -€16,951 | -54.4% |
| Trade receivables | 40 | €31,172 | €14,221 | -€16,951 | -54.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €54,564 | €37,305 | -€17,258 | -31.6% |
| Deferred charges and accrued income | 490/1 | €3,924 | €3,166 | -€757 | -19.3% |
| Total equity and liabilities | 10/49 | €181,160 | €129,775 | -€51,385 | -28.4% |
| Equity | 10/15 | €131,620 | €86,028 | -€45,592 | -34.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €154,077 | €154,077 | = | 0.0% |
| Distributable reserves | 133 | €154,077 | €154,077 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,458 | -€75,050 | -€45,592 | -154.8% |
| Amounts payable | 17/49 | €49,541 | €43,748 | -€5,793 | -11.7% |
| Amounts payable after more than one year | 17 | €24,341 | €17,735 | -€6,605 | -27.1% |
| Financial debts | 170/4 | €24,341 | €17,735 | -€6,605 | -27.1% |
| Amounts payable within one year | 42/48 | €24,145 | €26,012 | +€1,867 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €8,515 | €6,605 | -€1,909 | -22.4% |
| Trade debts | 44 | €5,404 | €10,864 | +€5,461 | +101.1% |
| Suppliers | 440/4 | €5,404 | €10,864 | +€5,461 | +101.1% |
| Taxes, remuneration and social security | 45 | €8,756 | €3,763 | -€4,993 | -57.0% |
| Taxes | 450/3 | €6,399 | €3,763 | -€2,636 | -41.2% |
| Remuneration and social security | 454/9 | €2,357 | €0 | -€2,357 | -100.0% |
| Other amounts payable | 47/48 | €1,471 | €4,779 | +€3,308 | +224.9% |
| Accrued charges and deferred income | 492/3 | €1,054 | €0 | -€1,054 | -100.0% |
| Remuneration, social security and pensions | 62 | €79,615 | €48,127 | -€31,489 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,748 | €18,492 | -€8,256 | -30.9% |
| Other operating charges | 640/8 | €1,913 | €1,525 | -€387 | -20.2% |
| Gross operating margin | 9900 | €91,752 | €23,952 | -€67,800 | -73.9% |
| Operating profit (loss) | 9901 | -€16,524 | -€44,192 | -€27,668 | -167.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.4% |
| Financial charges | 65/66B | €1,084 | €872 | -€212 | -19.6% |
| Recurring financial charges | 65 | €1,084 | €872 | -€212 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,604 | -€45,064 | -€27,459 | -156.0% |
| Income taxes | 67/77 | €526 | €528 | +€2 | +0.5% |
| Profit (loss) for the period | 9904 | -€18,130 | -€45,592 | -€27,462 | -151.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,130 | -€45,592 | -€27,462 | -151.5% |
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 10 October 2026 via checked.be.