PROPSON: 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.
PROPSON
Largest movements
- Receivables within one year +€16,948
up €16,948 (+62.3%), from €27,187 to €44,135
of which Other amounts receivable: +€18,386
- Tangible fixed assets -€4,925
no longer reported in 2025 (was €4,925)
of which Furniture and vehicles: -€2,955
- Cash +€950
up €950 (+375%), from €253 to €1,203
mainly Net result for the year (+€9,875) and Tax, wage and social debts (+€5,536)
- Reserves +€9,875
up €9,875 (+48.0%), from €20,556 to €30,431
- Tax, wage and social debts +€5,536
up €5,536 (+130%), from €4,250 to €9,786
- Trade debts -€2,058
down €2,058 (-37.0%), from €5,559 to €3,501
- Depreciation -€6,455
down €6,455 (-76.6%), from €8,424 to €1,969
- Taxes +€3,110
up €3,110 (+121%), from €2,563 to €5,673
- Gross operating margin +€1,135
up €1,135 (+7.0%), from €16,225 to €17,360
- Other operating charges -€767
down €767 (-49.4%), from €1,554 to €787
- Financial income +€622
up €622 (+113%), from €549 to €1,171
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 | €32,365 | €45,718 | +€13,353 | +41.3% |
| Fixed assets | 21/28 | €4,925 | - | -€4,925 | |
| Tangible fixed assets | 22/27 | €4,925 | - | -€4,925 | |
| Plant, machinery and equipment | 23 | €1,970 | - | -€1,970 | |
| Furniture and vehicles | 24 | €2,955 | - | -€2,955 | |
| Current assets | 29/58 | €27,440 | €45,718 | +€18,278 | +66.6% |
| Amounts receivable within one year | 40/41 | €27,187 | €44,135 | +€16,948 | +62.3% |
| Trade receivables | 40 | €14,767 | €13,329 | -€1,438 | -9.7% |
| Other amounts receivable | 41 | €12,420 | €30,806 | +€18,386 | +148% |
| Cash at bank and in hand | 54/58 | €253 | €1,203 | +€950 | +375% |
| Deferred charges and accrued income | 490/1 | - | €380 | +€380 | |
| Total equity and liabilities | 10/49 | €32,365 | €45,718 | +€13,353 | +41.3% |
| Equity | 10/15 | €22,556 | €32,431 | +€9,875 | +43.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,556 | €30,431 | +€9,875 | +48.0% |
| Distributable reserves | 133 | €20,556 | €30,431 | +€9,875 | +48.0% |
| Amounts payable | 17/49 | €9,809 | €13,287 | +€3,478 | +35.5% |
| Amounts payable within one year | 42/48 | €9,809 | €13,287 | +€3,478 | +35.5% |
| Trade debts | 44 | €5,559 | €3,501 | -€2,058 | -37.0% |
| Suppliers | 440/4 | €5,559 | €3,501 | -€2,058 | -37.0% |
| Taxes, remuneration and social security | 45 | €4,250 | €9,786 | +€5,536 | +130% |
| Taxes | 450/3 | €4,250 | €9,786 | +€5,536 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,424 | €1,969 | -€6,455 | -76.6% |
| Other operating charges | 640/8 | €1,554 | €787 | -€767 | -49.4% |
| Gross operating margin | 9900 | €16,225 | €17,360 | +€1,135 | +7.0% |
| Operating profit (loss) | 9901 | €6,247 | €14,604 | +€8,357 | +134% |
| Financial income | 75/76B | €549 | €1,171 | +€622 | +113% |
| Recurring financial income | 75 | €549 | €1,171 | +€622 | +113% |
| Financial charges | 65/66B | €255 | €227 | -€28 | -11.0% |
| Recurring financial charges | 65 | €255 | €227 | -€28 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €6,541 | €15,548 | +€9,007 | +138% |
| Income taxes | 67/77 | €2,563 | €5,673 | +€3,110 | +121% |
| Profit (loss) for the period | 9904 | €3,978 | €9,875 | +€5,897 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €3,978 | €9,875 | +€5,897 | +148% |
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 14 October 2026 via checked.be.