PROPTAIT: 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.
PROPTAIT
Largest movements
- Cash +€48,789
up €48,789 (+168.9%), from €28,893 to €77,682
mainly Net result for the year (+€52,362) and Tax, wage and social debts (+€30,737)
- Receivables within one year +€25,688
up €25,688 (+216.1%), from €11,886 to €37,574
of which Trade receivables: +€28,805
- Tangible fixed assets -€10,743
down €10,743 (-28.1%), from €38,272 to €27,529
- Deferred charges and accrued income -€3,845
down €3,845 (-88.8%), from €4,331 to €486
- Profit (loss) carried forward +€52,362
up €52,362 (+182.2%), from €28,741 to €81,103
- Tax, wage and social debts +€30,737
up €30,737 (+195.2%), from €15,744 to €46,481
- Trade debts -€8,225
down €8,225 (-57.9%), from €14,211 to €5,986
- Debts after one year -€6,689
no longer reported in 2025 (was €6,689)
- Current portion of long-term debt -€6,148
down €6,148 (-47.9%), from €12,837 to €6,689
- Gross operating margin +€48,731
up €48,731 (+137.2%), from €35,527 to €84,258
- Taxes +€9,838
up €9,838 (+102.6%), from €9,594 to €19,432
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 | €83,382 | €143,271 | +€59,889 | +71.8% |
| Fixed assets | 21/28 | €38,272 | €27,529 | -€10,743 | -28.1% |
| Tangible fixed assets | 22/27 | €38,272 | €27,529 | -€10,743 | -28.1% |
| Furniture and vehicles | 24 | €38,272 | €27,529 | -€10,743 | -28.1% |
| Current assets | 29/58 | €45,110 | €115,742 | +€70,632 | +156.6% |
| Amounts receivable within one year | 40/41 | €11,886 | €37,574 | +€25,688 | +216.1% |
| Trade receivables | 40 | - | €28,805 | +€28,805 | |
| Other amounts receivable | 41 | €11,886 | €8,769 | -€3,117 | -26.2% |
| Cash at bank and in hand | 54/58 | €28,893 | €77,682 | +€48,789 | +168.9% |
| Deferred charges and accrued income | 490/1 | €4,331 | €486 | -€3,845 | -88.8% |
| Total equity and liabilities | 10/49 | €83,382 | €143,271 | +€59,889 | +71.8% |
| Equity | 10/15 | €31,741 | €84,103 | +€52,362 | +165.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,741 | €81,103 | +€52,362 | +182.2% |
| Amounts payable | 17/49 | €51,641 | €59,168 | +€7,527 | +14.6% |
| Amounts payable after more than one year | 17 | €6,689 | - | -€6,689 | |
| Financial debts | 170/4 | €6,689 | - | -€6,689 | |
| Amounts payable within one year | 42/48 | €42,791 | €59,156 | +€16,365 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €12,837 | €6,689 | -€6,148 | -47.9% |
| Trade debts | 44 | €14,211 | €5,986 | -€8,225 | -57.9% |
| Suppliers | 440/4 | €14,211 | €5,986 | -€8,225 | -57.9% |
| Taxes, remuneration and social security | 45 | €15,744 | €46,481 | +€30,737 | +195.2% |
| Taxes | 450/3 | €15,744 | €46,481 | +€30,737 | +195.2% |
| Accrued charges and deferred income | 492/3 | €2,161 | €12 | -€2,149 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,218 | €10,743 | +€525 | +5.1% |
| Other operating charges | 640/8 | €818 | €1,003 | +€186 | +22.7% |
| Gross operating margin | 9900 | €35,527 | €84,258 | +€48,731 | +137.2% |
| Operating profit (loss) | 9901 | €24,491 | €72,512 | +€48,021 | +196.1% |
| Financial income | 75/76B | €1,135 | €877 | -€258 | -22.7% |
| Recurring financial income | 75 | €1,135 | €877 | -€258 | -22.7% |
| Financial charges | 65/66B | €1,650 | €1,595 | -€56 | -3.4% |
| Recurring financial charges | 65 | €1,650 | €1,595 | -€56 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €23,976 | €71,794 | +€47,819 | +199.4% |
| Income taxes | 67/77 | €9,594 | €19,432 | +€9,838 | +102.6% |
| Profit (loss) for the period | 9904 | €14,382 | €52,362 | +€37,980 | +264.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,382 | €52,362 | +€37,980 | +264.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.