PROPRENET: 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.
PROPRENET
Largest movements
- Receivables within one year +€26,788
up €26,788 (+21.0%), from €127,634 to €154,422
of which Trade receivables: +€30,226
- Tangible fixed assets -€7,460
down €7,460 (-37.6%), from €19,859 to €12,400
- Cash +€2,101
up €2,101 (+6.0%), from €35,103 to €37,205
mainly Other debts (+€40,246) and Depreciation (+€7,460)
- Other debts +€40,246
up €40,246 (+87.5%), from €45,998 to €86,244
- Profit (loss) carried forward -€20,165
down €20,165 (-936.2%), from -€2,154 to -€22,319
- Tax, wage and social debts +€5,103
up €5,103 (+10.8%), from €47,208 to €52,311
of which Remuneration and social security: +€6,447
- Trade debts -€4,622
down €4,622 (-13.9%), from €33,255 to €28,633
- Gross operating margin -€28,642
down €28,642 (-4.5%), from €630,289 to €601,647
- Staff costs -€24,040
down €24,040 (-3.8%), from €637,096 to €613,057
- Provisions +€16,000
up €16,000, from -€16,000 to €0
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 | €186,815 | €207,377 | +€20,562 | +11.0% |
| Fixed assets | 21/28 | €19,859 | €12,400 | -€7,460 | -37.6% |
| Tangible fixed assets | 22/27 | €19,859 | €12,400 | -€7,460 | -37.6% |
| Furniture and vehicles | 24 | €19,859 | €12,400 | -€7,460 | -37.6% |
| Current assets | 29/58 | €166,956 | €194,977 | +€28,022 | +16.8% |
| Amounts receivable within one year | 40/41 | €127,634 | €154,422 | +€26,788 | +21.0% |
| Trade receivables | 40 | €118,488 | €148,714 | +€30,226 | +25.5% |
| Other amounts receivable | 41 | €9,146 | €5,708 | -€3,438 | -37.6% |
| Cash at bank and in hand | 54/58 | €35,103 | €37,205 | +€2,101 | +6.0% |
| Deferred charges and accrued income | 490/1 | €4,218 | €3,351 | -€867 | -20.6% |
| Total equity and liabilities | 10/49 | €186,815 | €207,377 | +€20,562 | +11.0% |
| Equity | 10/15 | €60,355 | €40,190 | -€20,165 | -33.4% |
| Contributions | 10/11 | €62,508 | €62,508 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,154 | -€22,319 | -€20,165 | -936.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €126,461 | €167,188 | +€40,727 | +32.2% |
| Amounts payable within one year | 42/48 | €126,461 | €167,188 | +€40,727 | +32.2% |
| Trade debts | 44 | €33,255 | €28,633 | -€4,622 | -13.9% |
| Suppliers | 440/4 | €33,255 | €28,633 | -€4,622 | -13.9% |
| Taxes, remuneration and social security | 45 | €47,208 | €52,311 | +€5,103 | +10.8% |
| Taxes | 450/3 | €1,742 | €397 | -€1,345 | -77.2% |
| Remuneration and social security | 454/9 | €45,467 | €51,914 | +€6,447 | +14.2% |
| Other amounts payable | 47/48 | €45,998 | €86,244 | +€40,246 | +87.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €637,096 | €613,057 | -€24,040 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,460 | €7,460 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€16,000 | €0 | +€16,000 | |
| Other operating charges | 640/8 | €744 | €395 | -€350 | -47.0% |
| Gross operating margin | 9900 | €630,289 | €601,647 | -€28,642 | -4.5% |
| Operating profit (loss) | 9901 | €988 | -€19,264 | -€20,253 | |
| Financial charges | 65/66B | €244 | €386 | +€142 | +58.1% |
| Recurring financial charges | 65 | €244 | €386 | +€142 | +58.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €744 | -€19,650 | -€20,395 | |
| Income taxes | 67/77 | €2,284 | €514 | -€1,769 | -77.5% |
| Profit (loss) for the period | 9904 | -€1,540 | -€20,165 | -€18,625 | -1209.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,540 | -€20,165 | -€18,625 | -1209.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.