PROPRINT: 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.
PROPRINT
Largest movements
- Receivables within one year -€52,575
down €52,575 (-15.2%), from €346,141 to €293,566
of which Trade receivables: -€52,300
- Cash +€16,433
up €16,433 (+61.6%), from €26,694 to €43,127
mainly Receivables within one year (+€52,575) and Depreciation (+€18,781)
- Stocks and contracts +€11,872
up €11,872 (+39.2%), from €30,278 to €42,150
- Reserves -€24,069
down €24,069 (-21.7%), from €110,908 to €86,839
of which Distributable reserves: -€24,069
- Staff costs +€26,024
up €26,024 (+10.5%), from €247,309 to €273,333
- Gross operating margin +€4,531
up €4,531 (+1.6%), from €279,776 to €284,307
- Financial charges +€3,864
up €3,864 (+33.4%), from €11,572 to €15,436
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 | €466,828 | €446,153 | -€20,675 | -4.4% |
| Fixed assets | 21/28 | €62,635 | €66,275 | +€3,641 | +5.8% |
| Tangible fixed assets | 22/27 | €62,635 | €66,275 | +€3,641 | +5.8% |
| Plant, machinery and equipment | 23 | €42,418 | €53,284 | +€10,866 | +25.6% |
| Furniture and vehicles | 24 | €16,944 | €10,508 | -€6,436 | -38.0% |
| Other tangible fixed assets | 26 | €3,272 | €2,483 | -€790 | -24.1% |
| Current assets | 29/58 | €404,193 | €379,878 | -€24,316 | -6.0% |
| Stocks and contracts in progress | 3 | €30,278 | €42,150 | +€11,872 | +39.2% |
| Stocks | 30/36 | €30,278 | €42,150 | +€11,872 | +39.2% |
| Amounts receivable within one year | 40/41 | €346,141 | €293,566 | -€52,575 | -15.2% |
| Trade receivables | 40 | €345,490 | €293,190 | -€52,300 | -15.1% |
| Other amounts receivable | 41 | €651 | €376 | -€275 | -42.2% |
| Cash at bank and in hand | 54/58 | €26,694 | €43,127 | +€16,433 | +61.6% |
| Deferred charges and accrued income | 490/1 | €1,081 | €1,035 | -€46 | -4.2% |
| Total equity and liabilities | 10/49 | €466,828 | €446,153 | -€20,675 | -4.4% |
| Equity | 10/15 | €179,508 | €155,439 | -€24,069 | -13.4% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €110,908 | €86,839 | -€24,069 | -21.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €110,908 | €86,839 | -€24,069 | -21.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €287,320 | €290,714 | +€3,394 | +1.2% |
| Amounts payable within one year | 42/48 | €287,320 | €290,714 | +€3,394 | +1.2% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €153,648 | €156,231 | +€2,583 | +1.7% |
| Suppliers | 440/4 | €153,648 | €156,231 | +€2,583 | +1.7% |
| Taxes, remuneration and social security | 45 | €33,000 | €34,483 | +€1,483 | +4.5% |
| Taxes | 450/3 | €13,152 | €15,238 | +€2,086 | +15.9% |
| Remuneration and social security | 454/9 | €19,848 | €19,245 | -€603 | -3.0% |
| Other amounts payable | 47/48 | €672 | €0 | -€672 | -100.0% |
| Remuneration, social security and pensions | 62 | €247,309 | €273,333 | +€26,024 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,793 | €18,781 | +€988 | +5.6% |
| Other operating charges | 640/8 | €976 | €900 | -€76 | -7.8% |
| Gross operating margin | 9900 | €279,776 | €284,307 | +€4,531 | +1.6% |
| Operating profit (loss) | 9901 | €13,698 | -€8,708 | -€22,406 | |
| Financial income | 75/76B | €628 | €75 | -€553 | -88.0% |
| Recurring financial income | 75 | €628 | €75 | -€553 | -88.0% |
| Financial charges | 65/66B | €11,572 | €15,436 | +€3,864 | +33.4% |
| Recurring financial charges | 65 | €11,572 | €15,436 | +€3,864 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €2,754 | -€24,069 | -€26,823 | |
| Income taxes | 67/77 | €2,467 | €0 | -€2,467 | -100.0% |
| Profit (loss) for the period | 9904 | €287 | -€24,069 | -€24,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €287 | -€24,069 | -€24,356 |
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 8 October 2026 via checked.be.