Proper-JG: 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.
Proper-JG
Largest movements
- Cash -€23,747
down €23,747 (-85.3%), from €27,850 to €4,104
mainly Investment in fixed assets (net) (-€8,415) and Receivables within one year (-€6,382)
- Receivables within one year +€6,382
up €6,382 (+27.3%), from €23,417 to €29,798
of which Other amounts receivable: +€17,672
- Deferred charges and accrued income +€1,127
up €1,127 (+933.0%), from €121 to €1,247
- Tax, wage and social debts -€5,801
down €5,801 (-83.9%), from €6,915 to €1,114
- Debts after one year -€5,591
down €5,591 (-27.0%), from €20,701 to €15,110
- Profit (loss) carried forward -€2,610
down €2,610 (-6.6%), from €39,569 to €36,958
- Trade debts -€2,154
down €2,154 (-19.1%), from €11,304 to €9,150
- Gross operating margin -€6,224
down €6,224 (-26.1%), from €23,808 to €17,584
- Taxes -€2,977
down €2,977 (-73.0%), from €4,080 to €1,103
- Depreciation +€2,839
up €2,839 (+54.1%), from €5,251 to €8,090
- Financial income +€467
up €467 (+1477.9%), from €32 to €499
- Financial charges +€417
up €417 (+24.3%), from €1,718 to €2,135
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 | €87,337 | €71,423 | -€15,914 | -18.2% |
| Fixed assets | 21/28 | €35,949 | €36,274 | +€325 | +0.9% |
| Tangible fixed assets | 22/27 | €27,793 | €28,118 | +€325 | +1.2% |
| Plant, machinery and equipment | 23 | €1,713 | €8,134 | +€6,421 | +374.7% |
| Furniture and vehicles | 24 | €26,080 | €19,984 | -€6,096 | -23.4% |
| Financial fixed assets | 28 | €8,156 | €8,156 | = | 0.0% |
| Current assets | 29/58 | €51,388 | €35,150 | -€16,238 | -31.6% |
| Amounts receivable within one year | 40/41 | €23,417 | €29,798 | +€6,382 | +27.3% |
| Trade receivables | 40 | €23,067 | €11,778 | -€11,290 | -48.9% |
| Other amounts receivable | 41 | €349 | €18,021 | +€17,672 | +5061.2% |
| Cash at bank and in hand | 54/58 | €27,850 | €4,104 | -€23,747 | -85.3% |
| Deferred charges and accrued income | 490/1 | €121 | €1,247 | +€1,127 | +933.0% |
| Total equity and liabilities | 10/49 | €87,337 | €71,423 | -€15,914 | -18.2% |
| Equity | 10/15 | €43,069 | €40,458 | -€2,610 | -6.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,569 | €36,958 | -€2,610 | -6.6% |
| Amounts payable | 17/49 | €44,268 | €30,965 | -€13,303 | -30.1% |
| Amounts payable after more than one year | 17 | €20,701 | €15,110 | -€5,591 | -27.0% |
| Financial debts | 170/4 | €20,701 | €15,110 | -€5,591 | -27.0% |
| Amounts payable within one year | 42/48 | €23,567 | €15,855 | -€7,712 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €5,348 | €5,591 | +€242 | +4.5% |
| Trade debts | 44 | €11,304 | €9,150 | -€2,154 | -19.1% |
| Suppliers | 440/4 | €11,304 | €9,150 | -€2,154 | -19.1% |
| Taxes, remuneration and social security | 45 | €6,915 | €1,114 | -€5,801 | -83.9% |
| Taxes | 450/3 | €6,915 | €1,114 | -€5,801 | -83.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €262 | €0 | -€262 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €8,090 | +€2,839 | +54.1% |
| Other operating charges | 640/8 | €939 | €1,135 | +€196 | +20.9% |
| Non-recurring operating charges | 66A | - | €8,230 | +€8,230 | |
| Gross operating margin | 9900 | €23,808 | €17,584 | -€6,224 | -26.1% |
| Operating profit (loss) | 9901 | €17,618 | €129 | -€17,489 | -99.3% |
| Financial income | 75/76B | €32 | €499 | +€467 | +1477.9% |
| Recurring financial income | 75 | €32 | €499 | +€467 | +1477.9% |
| Financial charges | 65/66B | €1,718 | €2,135 | +€417 | +24.3% |
| Recurring financial charges | 65 | €1,718 | €2,135 | +€417 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €15,931 | -€1,507 | -€17,438 | |
| Income taxes | 67/77 | €4,080 | €1,103 | -€2,977 | -73.0% |
| Profit (loss) for the period | 9904 | €11,851 | -€2,610 | -€14,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,851 | -€2,610 | -€14,461 |
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.