PROPOLIS: 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.
PROPOLIS
Largest movements
- Cash +€92,778
up €92,778 (+194%), from €47,797 to €140,575
mainly Other debts (+€473,581) and Depreciation (+€139,767)
- Tangible fixed assets -€65,235
down €65,235 (-3.4%), from €1.9m to €1.8m
of which Land and buildings: -€60,777
- Other debts +€473,581
up €473,581 (+299%), from €158,125 to €631,706
- Accrued charges and deferred income -€464,042
down €464,042 (-82.0%), from €566,207 to €102,165
- Gross operating margin -€78,896
down €78,896 (-33.6%), from €234,744 to €155,848
- Financial charges -€28,534
down €28,534 (-90.3%), from €31,603 to €3,069
- Write-downs +€24,240
no longer reported in 2024 (was -€24,240)
- Taxes -€13,017
down €13,017 (-53.3%), from €24,406 to €11,389
- Other operating charges +€7,740
up €7,740 (+70.6%), from €10,963 to €18,703
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,673,674 | €2,675,271 | +€1,597 | +0.1% |
| Fixed assets | 21/28 | €1,905,825 | €1,840,590 | -€65,235 | -3.4% |
| Tangible fixed assets | 22/27 | €1,905,825 | €1,840,590 | -€65,235 | -3.4% |
| Land and buildings | 22 | €1,894,415 | €1,833,638 | -€60,777 | -3.2% |
| Furniture and vehicles | 24 | €11,410 | €6,952 | -€4,458 | -39.1% |
| Current assets | 29/58 | €767,849 | €834,681 | +€66,832 | +8.7% |
| Amounts receivable within one year | 40/41 | €654,413 | €647,249 | -€7,164 | -1.1% |
| Trade receivables | 40 | €203,438 | €203,999 | +€561 | +0.3% |
| Other amounts receivable | 41 | €450,975 | €443,250 | -€7,725 | -1.7% |
| Cash at bank and in hand | 54/58 | €47,797 | €140,575 | +€92,778 | +194% |
| Deferred charges and accrued income | 490/1 | €65,639 | €46,857 | -€18,782 | -28.6% |
| Total equity and liabilities | 10/49 | €2,673,674 | €2,675,271 | +€1,597 | +0.1% |
| Equity | 10/15 | €1,099,692 | €1,106,305 | +€6,613 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €931,049 | €927,511 | -€3,538 | -0.4% |
| Tax-exempt reserves | 132 | €89,976 | €86,438 | -€3,538 | -3.9% |
| Distributable reserves | 133 | €841,073 | €841,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,043 | €160,194 | +€10,151 | +6.8% |
| Provisions and deferred taxes | 16 | €42,110 | €40,288 | -€1,822 | -4.3% |
| Deferred taxes | 168 | €42,110 | €40,288 | -€1,822 | -4.3% |
| Amounts payable | 17/49 | €1,531,872 | €1,528,678 | -€3,194 | -0.2% |
| Amounts payable after more than one year | 17 | €722,946 | €700,758 | -€22,188 | -3.1% |
| Financial debts | 170/4 | €722,946 | €700,758 | -€22,188 | -3.1% |
| Amounts payable within one year | 42/48 | €242,719 | €725,755 | +€483,036 | +199% |
| Current portion of amounts payable after more than one year | 42 | €48,761 | €49,464 | +€703 | +1.4% |
| Trade debts | 44 | €9,993 | €8,131 | -€1,862 | -18.6% |
| Suppliers | 440/4 | €9,993 | €8,131 | -€1,862 | -18.6% |
| Taxes, remuneration and social security | 45 | €25,840 | €36,454 | +€10,614 | +41.1% |
| Taxes | 450/3 | €25,340 | €36,454 | +€11,114 | +43.9% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €158,125 | €631,706 | +€473,581 | +299% |
| Accrued charges and deferred income | 492/3 | €566,207 | €102,165 | -€464,042 | -82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,777 | €139,767 | +€5,990 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€24,240 | - | +€24,240 | |
| Other operating charges | 640/8 | €10,963 | €18,703 | +€7,740 | +70.6% |
| Gross operating margin | 9900 | €234,744 | €155,848 | -€78,896 | -33.6% |
| Operating profit (loss) | 9901 | €114,244 | -€2,622 | -€116,866 | |
| Financial income | 75/76B | €22,524 | €21,871 | -€653 | -2.9% |
| Recurring financial income | 75 | €22,524 | €21,871 | -€653 | -2.9% |
| Financial charges | 65/66B | €31,603 | €3,069 | -€28,534 | -90.3% |
| Recurring financial charges | 65 | €31,603 | €3,069 | -€28,534 | -90.3% |
| Profit (loss) for the period before taxes | 9903 | €105,165 | €16,180 | -€88,985 | -84.6% |
| Transfer from deferred taxes | 780 | €1,822 | €1,822 | = | 0.0% |
| Income taxes | 67/77 | €24,406 | €11,389 | -€13,017 | -53.3% |
| Profit (loss) for the period | 9904 | €82,581 | €6,613 | -€75,968 | -92.0% |
| Transfer from tax-exempt reserves | 789 | €3,538 | €3,538 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,119 | €10,151 | -€75,968 | -88.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.