PROPINQUO: 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.
PROPINQUO
Largest movements
- Cash +€52,432
up €52,432 (+138%), from €38,009 to €90,441
mainly Net result for the year (+€54,182) and Other debts (+€47,160)
- Current investments +€21,732
up €21,732 (+17.4%), from €125,000 to €146,732
- Receivables within one year +€6,512
up €6,512 (+49.0%), from €13,290 to €19,803
- Other debts +€47,160
up €47,160 (+2,212%), from €2,132 to €49,292
- Tax, wage and social debts +€24,713
up €24,713 (+251%), from €9,856 to €34,568
of which Taxes: +€22,563
- Reserves +€5,708
up €5,708 (+3.4%), from €169,802 to €175,510
- Gross operating margin +€38,944
up €38,944 (+203%), from €19,213 to €58,157
- Financial income +€21,737
up €21,737 (+18,114,233%), from €0 to €21,737
- Taxes +€16,332
up €16,332 (+381%), from €4,287 to €20,619
- Financial charges -€745
down €745 (-25.9%), from €2,882 to €2,137
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 | €188,487 | €265,759 | +€77,272 | +41.0% |
| Fixed assets | 21/28 | €3,061 | €2,023 | -€1,038 | -33.9% |
| Tangible fixed assets | 22/27 | €3,061 | €2,023 | -€1,038 | -33.9% |
| Plant, machinery and equipment | 23 | €2,856 | €2,023 | -€833 | -29.2% |
| Furniture and vehicles | 24 | €205 | - | -€205 | |
| Current assets | 29/58 | €185,426 | €263,736 | +€78,311 | +42.2% |
| Amounts receivable within one year | 40/41 | €13,290 | €19,803 | +€6,512 | +49.0% |
| Trade receivables | 40 | €13,290 | €19,803 | +€6,512 | +49.0% |
| Current investments | 50/53 | €125,000 | €146,732 | +€21,732 | +17.4% |
| Cash at bank and in hand | 54/58 | €38,009 | €90,441 | +€52,432 | +138% |
| Deferred charges and accrued income | 490/1 | €9,126 | €6,761 | -€2,365 | -25.9% |
| Total equity and liabilities | 10/49 | €188,487 | €265,759 | +€77,272 | +41.0% |
| Equity | 10/15 | €176,002 | €181,710 | +€5,708 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €169,802 | €175,510 | +€5,708 | +3.4% |
| Distributable reserves | 133 | €169,802 | €175,510 | +€5,708 | +3.4% |
| Amounts payable | 17/49 | €12,485 | €84,049 | +€71,564 | +573% |
| Amounts payable within one year | 42/48 | €12,485 | €84,049 | +€71,564 | +573% |
| Trade debts | 44 | €497 | €189 | -€309 | -62.1% |
| Suppliers | 440/4 | €497 | €189 | -€309 | -62.1% |
| Taxes, remuneration and social security | 45 | €9,856 | €34,568 | +€24,713 | +251% |
| Taxes | 450/3 | €9,856 | €32,418 | +€22,563 | +229% |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Other amounts payable | 47/48 | €2,132 | €49,292 | +€47,160 | +2,212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,582 | €1,038 | -€544 | -34.4% |
| Other operating charges | 640/8 | €1,714 | €1,919 | +€204 | +11.9% |
| Gross operating margin | 9900 | €19,213 | €58,157 | +€38,944 | +203% |
| Operating profit (loss) | 9901 | €15,917 | €55,201 | +€39,283 | +247% |
| Financial income | 75/76B | €0 | €21,737 | +€21,737 | +18,114,233% |
| Recurring financial income | 75 | €0 | €21,737 | +€21,737 | +18,114,233% |
| Financial charges | 65/66B | €2,882 | €2,137 | -€745 | -25.9% |
| Recurring financial charges | 65 | €2,882 | €2,137 | -€745 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €13,036 | €74,801 | +€61,766 | +474% |
| Income taxes | 67/77 | €4,287 | €20,619 | +€16,332 | +381% |
| Profit (loss) for the period | 9904 | €8,748 | €54,182 | +€45,434 | +519% |
| Profit (loss) for the period to be appropriated | 9905 | €8,748 | €54,182 | +€45,434 | +519% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.