PROPIUS: what changed
Two fiscal 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.
PROPIUS
Largest movements
- Tangible fixed assets -€25,741
down €25,741 (-3.5%), from €740,092 to €714,352
of which Land and buildings: -€25,065
- Current investments +€15,000
up €15,000 (+16.7%), from €90,000 to €105,000
- Cash +€9,352
up €9,352 (+56.3%), from €16,616 to €25,968
mainly Net result for the year (+€60,519) and Other debts (+€38,916)
- Debts after one year -€70,000
down €70,000 (-41.6%), from €168,334 to €98,334
of which Financial debts: -€70,000
- Other debts +€38,916
new in 2025: €38,916
- Reserves +€19,555
up €19,555 (+4.4%), from €447,799 to €467,354
- Gross operating margin +€10,683
up €10,683 (+8.6%), from €124,124 to €134,807
- Taxes +€4,341
up €4,341 (+18.1%), from €23,933 to €28,274
- Depreciation -€1,576
down €1,576 (-5.8%), from €27,317 to €25,741
- Financial income +€1,459
up €1,459 (+99.1%), from €1,473 to €2,932
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 | €846,708 | €845,319 | -€1,389 | -0.2% |
| Fixed assets | 21/28 | €740,092 | €714,352 | -€25,741 | -3.5% |
| Tangible fixed assets | 22/27 | €740,092 | €714,352 | -€25,741 | -3.5% |
| Land and buildings | 22 | €738,470 | €713,405 | -€25,065 | -3.4% |
| Plant, machinery and equipment | 23 | €1,622 | €946 | -€676 | -41.7% |
| Current assets | 29/58 | €106,616 | €130,968 | +€24,352 | +22.8% |
| Current investments | 50/53 | €90,000 | €105,000 | +€15,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €16,616 | €25,968 | +€9,352 | +56.3% |
| Total equity and liabilities | 10/49 | €846,708 | €845,319 | -€1,389 | -0.2% |
| Equity | 10/15 | €597,799 | €617,354 | +€19,555 | +3.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €447,799 | €467,354 | +€19,555 | +4.4% |
| Distributable reserves | 133 | €447,799 | €467,354 | +€19,555 | +4.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €248,909 | €227,966 | -€20,944 | -8.4% |
| Amounts payable after more than one year | 17 | €168,334 | €98,334 | -€70,000 | -41.6% |
| Financial debts | 170/4 | €145,834 | €75,834 | -€70,000 | -48.0% |
| Other amounts payable | 178/9 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €78,491 | €127,548 | +€49,056 | +62.5% |
| Current portion of amounts payable after more than one year | 42 | €70,000 | €75,833 | +€5,833 | +8.3% |
| Trade debts | 44 | - | €1,404 | +€1,404 | |
| Suppliers | 440/4 | - | €1,404 | +€1,404 | |
| Taxes, remuneration and social security | 45 | €8,491 | €11,394 | +€2,903 | +34.2% |
| Taxes | 450/3 | €8,491 | €11,394 | +€2,903 | +34.2% |
| Other amounts payable | 47/48 | - | €38,916 | +€38,916 | |
| Accrued charges and deferred income | 492/3 | €2,085 | €2,085 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,317 | €25,741 | -€1,576 | -5.8% |
| Other operating charges | 640/8 | €18,815 | €18,867 | +€53 | +0.3% |
| Gross operating margin | 9900 | €124,124 | €134,807 | +€10,683 | +8.6% |
| Operating profit (loss) | 9901 | €77,993 | €90,199 | +€12,207 | +15.7% |
| Financial income | 75/76B | €1,473 | €2,932 | +€1,459 | +99.1% |
| Recurring financial income | 75 | €1,473 | €2,932 | +€1,459 | +99.1% |
| Financial charges | 65/66B | €4,266 | €4,339 | +€73 | +1.7% |
| Recurring financial charges | 65 | €4,266 | €4,339 | +€73 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €75,200 | €88,793 | +€13,593 | +18.1% |
| Income taxes | 67/77 | €23,933 | €28,274 | +€4,341 | +18.1% |
| Profit (loss) for the period | 9904 | €51,267 | €60,519 | +€9,253 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,267 | €60,519 | +€9,253 | +18.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.