PROPOL: 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.
PROPOL
Largest movements
- Tangible fixed assets -€3,700
down €3,700 (-46.2%), from €8,017 to €4,317
- Cash -€1,648
down €1,648 (-98.9%), from €1,666 to €18
mainly Net result for the year (-€21,325) and Trade debts (-€27)
- Receivables within one year -€503
down €503 (-7.3%), from €6,932 to €6,430
of which Trade receivables: -€423
- Profit (loss) carried forward -€21,325
down €21,325 (-45.6%), from -€46,729 to -€68,054
- Tax, wage and social debts +€12,000
up €12,000 (+104%), from €11,483 to €23,483
- Other debts +€3,501
up €3,501 (+12.6%), from €27,730 to €31,231
- Other operating charges +€949
up €949 (+496%), from €191 to €1,141
- Gross operating margin +€608
up €608 (+3.6%), from -€16,825 to -€16,217
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 | €16,615 | €10,764 | -€5,851 | -35.2% |
| Fixed assets | 21/28 | €8,017 | €4,317 | -€3,700 | -46.2% |
| Tangible fixed assets | 22/27 | €8,017 | €4,317 | -€3,700 | -46.2% |
| Furniture and vehicles | 24 | €8,017 | €4,317 | -€3,700 | -46.2% |
| Current assets | 29/58 | €8,598 | €6,447 | -€2,151 | -25.0% |
| Amounts receivable within one year | 40/41 | €6,932 | €6,430 | -€503 | -7.3% |
| Trade receivables | 40 | €451 | €28 | -€423 | -93.8% |
| Other amounts receivable | 41 | €6,482 | €6,402 | -€80 | -1.2% |
| Cash at bank and in hand | 54/58 | €1,666 | €18 | -€1,648 | -98.9% |
| Total equity and liabilities | 10/49 | €16,615 | €10,764 | -€5,851 | -35.2% |
| Equity | 10/15 | -€38,669 | -€59,994 | -€21,325 | -55.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,729 | -€68,054 | -€21,325 | -45.6% |
| Amounts payable | 17/49 | €55,284 | €70,758 | +€15,474 | +28.0% |
| Amounts payable within one year | 42/48 | €55,284 | €70,758 | +€15,474 | +28.0% |
| Trade debts | 44 | €754 | €727 | -€27 | -3.6% |
| Suppliers | 440/4 | €754 | €727 | -€27 | -3.6% |
| Advances received on contracts in progress | 46 | €15,317 | €15,317 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,483 | €23,483 | +€12,000 | +104% |
| Remuneration and social security | 454/9 | €11,483 | €23,483 | +€12,000 | +104% |
| Other amounts payable | 47/48 | €27,730 | €31,231 | +€3,501 | +12.6% |
| Non-recurring operating income | 76A | €20 | - | -€20 | |
| Remuneration, social security and pensions | 62 | €80 | - | -€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,700 | €3,700 | = | 0.0% |
| Other operating charges | 640/8 | €191 | €1,141 | +€949 | +496% |
| Non-recurring operating charges | 66A | - | €7 | +€7 | |
| Gross operating margin | 9900 | -€16,825 | -€16,217 | +€608 | +3.6% |
| Operating profit (loss) | 9901 | -€20,796 | -€21,065 | -€269 | -1.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €246 | €260 | +€15 | +6.0% |
| Recurring financial charges | 65 | €246 | €260 | +€15 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,042 | -€21,325 | -€283 | -1.3% |
| Profit (loss) for the period | 9904 | -€21,042 | -€21,325 | -€283 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,042 | -€21,325 | -€283 | -1.3% |
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 18 October 2026 via checked.be.