PROLEX: 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.
PROLEX
Largest movements
- Receivables within one year -€41,972
down €41,972 (-50.8%), from €82,642 to €40,671
of which Trade receivables: -€34,746
- Debts after one year -€274,466
no longer reported in 2025 (was €274,466)
- Reserves +€255,071
up €255,071 (+18.7%), from €1.4m to €1.6m
of which Distributable reserves: +€255,071
- Current portion of long-term debt -€25,768
down €25,768 (-49.3%), from €52,233 to €26,466
- Other debts +€17,588
up €17,588 (+26,495%), from €66 to €17,654
- Financial income +€54,499
up €54,499 (+26.5%), from €205,501 to €260,000
- Financial charges +€28,554
up €28,554 (+37.8%), from €75,564 to €104,119
- Taxes -€8,187
down €8,187 (-74.6%), from €10,981 to €2,794
- Gross operating margin -€4,804
down €4,804 (-4.3%), from €112,601 to €107,797
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 | €1,728,430 | €1,686,158 | -€42,272 | -2.4% |
| Fixed assets | 21/28 | €1,592,334 | €1,593,025 | +€691 | 0.0% |
| Tangible fixed assets | 22/27 | €9,094 | €9,785 | +€691 | +7.6% |
| Plant, machinery and equipment | 23 | €2,574 | €5,014 | +€2,439 | +94.7% |
| Furniture and vehicles | 24 | €6,519 | €4,771 | -€1,748 | -26.8% |
| Financial fixed assets | 28 | €1,583,240 | €1,583,240 | = | 0.0% |
| Current assets | 29/58 | €136,097 | €93,134 | -€42,963 | -31.6% |
| Amounts receivable within one year | 40/41 | €82,642 | €40,671 | -€41,972 | -50.8% |
| Trade receivables | 40 | €67,942 | €33,196 | -€34,746 | -51.1% |
| Other amounts receivable | 41 | €14,700 | €7,474 | -€7,226 | -49.2% |
| Cash at bank and in hand | 54/58 | €53,454 | €52,463 | -€991 | -1.9% |
| Total equity and liabilities | 10/49 | €1,728,430 | €1,686,158 | -€42,272 | -2.4% |
| Equity | 10/15 | €1,381,560 | €1,636,631 | +€255,071 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,362,960 | €1,618,031 | +€255,071 | +18.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15 | €15 | = | 0.0% |
| Distributable reserves | 133 | €1,361,085 | €1,616,156 | +€255,071 | +18.7% |
| Amounts payable | 17/49 | €346,870 | €49,527 | -€297,343 | -85.7% |
| Amounts payable after more than one year | 17 | €274,466 | - | -€274,466 | |
| Financial debts | 170/4 | €274,466 | - | -€274,466 | |
| Amounts payable within one year | 42/48 | €67,330 | €49,439 | -€17,892 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €52,233 | €26,466 | -€25,768 | -49.3% |
| Trade debts | 44 | €13,708 | €3,809 | -€9,899 | -72.2% |
| Suppliers | 440/4 | €13,708 | €3,809 | -€9,899 | -72.2% |
| Taxes, remuneration and social security | 45 | €1,322 | €1,510 | +€187 | +14.2% |
| Taxes | 450/3 | - | €187 | +€187 | |
| Remuneration and social security | 454/9 | €1,322 | €1,322 | = | 0.0% |
| Other amounts payable | 47/48 | €66 | €17,654 | +€17,588 | +26,495% |
| Accrued charges and deferred income | 492/3 | €5,075 | €88 | -€4,986 | -98.3% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €4,551 | +€1,116 | +32.5% |
| Other operating charges | 640/8 | €1,123 | €1,262 | +€138 | +12.3% |
| Gross operating margin | 9900 | €112,601 | €107,797 | -€4,804 | -4.3% |
| Operating profit (loss) | 9901 | €108,042 | €101,984 | -€6,058 | -5.6% |
| Financial income | 75/76B | €205,501 | €260,000 | +€54,499 | +26.5% |
| Recurring financial income | 75 | €205,501 | €260,000 | +€54,499 | +26.5% |
| Financial charges | 65/66B | €75,564 | €104,119 | +€28,554 | +37.8% |
| Recurring financial charges | 65 | €75,564 | €104,119 | +€28,554 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €237,979 | €257,865 | +€19,887 | +8.4% |
| Income taxes | 67/77 | €10,981 | €2,794 | -€8,187 | -74.6% |
| Profit (loss) for the period | 9904 | €226,998 | €255,071 | +€28,073 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €226,998 | €255,071 | +€28,073 | +12.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.