PROPRONET: 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.
PROPRONET
Largest movements
- Cash +€17,591
new in 2025: €17,591
mainly Net result for the year (+€19,623) and Depreciation (+€18,190)
- Receivables within one year +€10,521
up €10,521 (+5.0%), from €208,736 to €219,257
of which Trade receivables: +€10,479
- Profit (loss) carried forward +€19,623
up €19,623 (+119%), from €16,510 to €36,132
- Short-term financial debts +€8,203
up €8,203 (+27.0%), from €30,369 to €38,573
- Trade debts +€3,293
up €3,293 (+6.3%), from €52,146 to €55,439
- Gross operating margin +€11,258
up €11,258 (+3.0%), from €369,269 to €380,527
- Financial charges -€5,883
down €5,883 (-22.4%), from €26,259 to €20,376
- Taxes +€4,540
up €4,540 (+92.2%), from €4,924 to €9,463
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 | €258,563 | €290,321 | +€31,758 | +12.3% |
| Fixed assets | 21/28 | €44,647 | €46,861 | +€2,214 | +5.0% |
| Tangible fixed assets | 22/27 | €44,297 | €46,511 | +€2,214 | +5.0% |
| Plant, machinery and equipment | 23 | €26,320 | €18,230 | -€8,091 | -30.7% |
| Furniture and vehicles | 24 | €17,529 | €28,058 | +€10,529 | +60.1% |
| Other tangible fixed assets | 26 | €447 | €224 | -€224 | -50.0% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €213,916 | €243,460 | +€29,544 | +13.8% |
| Amounts receivable within one year | 40/41 | €208,736 | €219,257 | +€10,521 | +5.0% |
| Trade receivables | 40 | €143,652 | €154,131 | +€10,479 | +7.3% |
| Other amounts receivable | 41 | €65,084 | €65,126 | +€42 | +0.1% |
| Cash at bank and in hand | 54/58 | - | €17,591 | +€17,591 | |
| Deferred charges and accrued income | 490/1 | €5,180 | €6,612 | +€1,431 | +27.6% |
| Total equity and liabilities | 10/49 | €258,563 | €290,321 | +€31,758 | +12.3% |
| Equity | 10/15 | €134,781 | €154,404 | +€19,623 | +14.6% |
| Contributions | 10/11 | €74,988 | €74,988 | = | 0.0% |
| Reserves | 13 | €43,284 | €43,284 | = | 0.0% |
| Distributable reserves | 133 | €43,284 | €43,284 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,510 | €36,132 | +€19,623 | +119% |
| Amounts payable | 17/49 | €123,782 | €135,917 | +€12,135 | +9.8% |
| Amounts payable within one year | 42/48 | €123,582 | €135,917 | +€12,335 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €4,422 | €6,400 | +€1,977 | +44.7% |
| Financial debts | 43 | €30,369 | €38,573 | +€8,203 | +27.0% |
| Credit institutions | 430/8 | €30,369 | €38,573 | +€8,203 | +27.0% |
| Trade debts | 44 | €52,146 | €55,439 | +€3,293 | +6.3% |
| Suppliers | 440/4 | €52,146 | €55,439 | +€3,293 | +6.3% |
| Taxes, remuneration and social security | 45 | €36,645 | €35,506 | -€1,138 | -3.1% |
| Taxes | 450/3 | €5,163 | €9,704 | +€4,541 | +87.9% |
| Remuneration and social security | 454/9 | €31,482 | €25,803 | -€5,679 | -18.0% |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Remuneration, social security and pensions | 62 | €311,901 | €311,045 | -€856 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,360 | €18,190 | +€2,830 | +18.4% |
| Other operating charges | 640/8 | €2,369 | €2,443 | +€74 | +3.1% |
| Gross operating margin | 9900 | €369,269 | €380,527 | +€11,258 | +3.0% |
| Operating profit (loss) | 9901 | €39,639 | €48,849 | +€9,210 | +23.2% |
| Financial income | 75/76B | €473 | €613 | +€140 | +29.5% |
| Recurring financial income | 75 | €473 | €613 | +€140 | +29.5% |
| Financial charges | 65/66B | €26,259 | €20,376 | -€5,883 | -22.4% |
| Recurring financial charges | 65 | €26,259 | €20,376 | -€5,883 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €13,854 | €29,086 | +€15,232 | +110% |
| Income taxes | 67/77 | €4,924 | €9,463 | +€4,540 | +92.2% |
| Profit (loss) for the period | 9904 | €8,930 | €19,623 | +€10,693 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €8,930 | €19,623 | +€10,693 | +120% |
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 16 October 2026 via checked.be.