PROP'HOUSE: 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.
PROP'HOUSE
Largest movements
- Cash +€97,514
up €97,514 (+51.0%), from €191,222 to €288,736
mainly Net result for the year (+€90,317) and Depreciation (+€35,624)
- Tangible fixed assets -€33,106
down €33,106 (-10.3%), from €322,098 to €288,993
of which Land and buildings: -€21,850
- Receivables within one year +€15,545
up €15,545 (+13.1%), from €118,789 to €134,334
of which Trade receivables: +€32,831
- Reserves +€90,317
up €90,317 (+35.6%), from €253,744 to €344,061
of which Tax-exempt reserves: +€90,317
- Tax, wage and social debts +€25,336
up €25,336 (+20.0%), from €126,657 to €151,993
of which Remuneration and social security: +€20,913
- Debts after one year -€22,294
down €22,294 (-10.3%), from €215,709 to €193,415
- Current portion of long-term debt -€9,296
down €9,296 (-27.8%), from €33,418 to €24,122
- Gross operating margin +€281,023
up €281,023 (+25.3%), from €1.1m to €1.4m
- Staff costs +€206,475
up €206,475 (+19.8%), from €1.0m to €1.3m
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 | €666,898 | €746,679 | +€79,781 | +12.0% |
| Fixed assets | 21/28 | €353,023 | €319,649 | -€33,374 | -9.5% |
| Tangible fixed assets | 22/27 | €322,098 | €288,993 | -€33,106 | -10.3% |
| Land and buildings | 22 | €298,603 | €276,753 | -€21,850 | -7.3% |
| Furniture and vehicles | 24 | €14,792 | €10,618 | -€4,174 | -28.2% |
| Leasing and similar rights | 25 | €8,704 | €1,622 | -€7,082 | -81.4% |
| Financial fixed assets | 28 | €30,925 | €30,656 | -€268 | -0.9% |
| Current assets | 29/58 | €313,875 | €427,030 | +€113,156 | +36.1% |
| Amounts receivable within one year | 40/41 | €118,789 | €134,334 | +€15,545 | +13.1% |
| Trade receivables | 40 | €101,503 | €134,334 | +€32,831 | +32.3% |
| Other amounts receivable | 41 | €17,286 | - | -€17,286 | |
| Cash at bank and in hand | 54/58 | €191,222 | €288,736 | +€97,514 | +51.0% |
| Deferred charges and accrued income | 490/1 | €3,864 | €3,960 | +€96 | +2.5% |
| Total equity and liabilities | 10/49 | €666,898 | €746,679 | +€79,781 | +12.0% |
| Equity | 10/15 | €272,344 | €362,661 | +€90,317 | +33.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253,744 | €344,061 | +€90,317 | +35.6% |
| Tax-exempt reserves | 132 | €251,884 | €342,201 | +€90,317 | +35.9% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €394,554 | €384,018 | -€10,536 | -2.7% |
| Amounts payable after more than one year | 17 | €215,709 | €193,415 | -€22,294 | -10.3% |
| Financial debts | 170/4 | €215,709 | €193,415 | -€22,294 | -10.3% |
| Amounts payable within one year | 42/48 | €176,969 | €189,563 | +€12,595 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €33,418 | €24,122 | -€9,296 | -27.8% |
| Trade debts | 44 | €16,893 | €13,448 | -€3,446 | -20.4% |
| Suppliers | 440/4 | €16,893 | €13,448 | -€3,446 | -20.4% |
| Taxes, remuneration and social security | 45 | €126,657 | €151,993 | +€25,336 | +20.0% |
| Taxes | 450/3 | - | €4,423 | +€4,423 | |
| Remuneration and social security | 454/9 | €126,657 | €147,570 | +€20,913 | +16.5% |
| Accrued charges and deferred income | 492/3 | €1,876 | €1,040 | -€836 | -44.6% |
| Remuneration, social security and pensions | 62 | €1,045,155 | €1,251,629 | +€206,475 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,344 | €35,624 | -€1,720 | -4.6% |
| Other operating charges | 640/8 | €4,545 | €4,693 | +€148 | +3.2% |
| Gross operating margin | 9900 | €1,109,621 | €1,390,643 | +€281,023 | +25.3% |
| Operating profit (loss) | 9901 | €22,576 | €98,697 | +€76,121 | +337% |
| Financial income | 75/76B | €814 | €1,528 | +€714 | +87.8% |
| Recurring financial income | 75 | €814 | €1,528 | +€714 | +87.8% |
| Financial charges | 65/66B | €7,947 | €7,054 | -€893 | -11.2% |
| Recurring financial charges | 65 | €7,947 | €7,054 | -€893 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €15,443 | €93,171 | +€77,728 | +503% |
| Income taxes | 67/77 | €7,664 | €2,854 | -€4,810 | -62.8% |
| Profit (loss) for the period | 9904 | €7,780 | €90,317 | +€82,538 | +1,061% |
| Transfer to tax-exempt reserves | 689 | €7,780 | €90,317 | +€82,538 | +1,061% |
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 30 October 2026 via checked.be.