PROX: 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.
PROX
Largest movements
- Receivables within one year +€86,971
up €86,971 (+22.2%), from €391,292 to €478,262
of which Other amounts receivable: +€86,971
- Tangible fixed assets -€21,658
down €21,658 (-3.1%), from €704,993 to €683,336
- Other debts +€166,005
up €166,005 (+49.0%), from €338,450 to €504,455
- Reserves -€98,679
down €98,679 (-17.9%), from €552,720 to €454,042
of which Distributable reserves: -€98,679
- Tax, wage and social debts +€36,654
new in 2024: €36,654
- Short-term financial debts -€25,414
down €25,414 (-100.0%), from €25,414 to €0
- Debts after one year -€13,718
down €13,718 (-18.8%), from €73,090 to €59,373
of which Financial debts: -€15,718
- Gross operating margin +€70,949
up €70,949 (+125.8%), from €56,418 to €127,367
- Taxes +€31,786
up €31,786 (+1639.4%), from €1,939 to €33,725
- Depreciation -€5,902
down €5,902 (-21.4%), from €27,560 to €21,658
- Other operating charges +€1,579
up €1,579 (+15.2%), from €10,354 to €11,932
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,101,062 | €1,174,437 | +€73,375 | +6.7% |
| Fixed assets | 21/28 | €704,993 | €683,336 | -€21,658 | -3.1% |
| Tangible fixed assets | 22/27 | €704,993 | €683,336 | -€21,658 | -3.1% |
| Land and buildings | 22 | €704,993 | €683,336 | -€21,658 | -3.1% |
| Current assets | 29/58 | €396,068 | €491,101 | +€95,033 | +24.0% |
| Amounts receivable within one year | 40/41 | €391,292 | €478,262 | +€86,971 | +22.2% |
| Trade receivables | 40 | €3,475 | €3,475 | = | 0.0% |
| Other amounts receivable | 41 | €387,817 | €474,788 | +€86,971 | +22.4% |
| Cash at bank and in hand | 54/58 | €2,777 | €10,382 | +€7,605 | +273.9% |
| Deferred charges and accrued income | 490/1 | €2,000 | €2,457 | +€457 | +22.8% |
| Total equity and liabilities | 10/49 | €1,101,062 | €1,174,437 | +€73,375 | +6.7% |
| Equity | 10/15 | €645,862 | €547,183 | -€98,679 | -15.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €552,720 | €454,042 | -€98,679 | -17.9% |
| Non-distributable reserves | 130/1 | €45,400 | €45,400 | = | 0.0% |
| Legal reserve | 130 | €45,400 | €45,400 | = | 0.0% |
| Distributable reserves | 133 | €507,320 | €408,642 | -€98,679 | -19.5% |
| Profit (loss) carried forward | 14 | €31,142 | €31,142 | = | 0.0% |
| Amounts payable | 17/49 | €455,200 | €627,254 | +€172,054 | +37.8% |
| Amounts payable after more than one year | 17 | €73,090 | €59,373 | -€13,718 | -18.8% |
| Financial debts | 170/4 | €73,090 | €57,373 | -€15,718 | -21.5% |
| Other amounts payable | 178/9 | - | €2,000 | +€2,000 | |
| Amounts payable within one year | 42/48 | €380,109 | €567,881 | +€187,772 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €15,248 | €15,709 | +€462 | +3.0% |
| Financial debts | 43 | €25,414 | €0 | -€25,414 | -100.0% |
| Credit institutions | 430/8 | €25,414 | €0 | -€25,414 | -100.0% |
| Trade debts | 44 | €998 | €11,063 | +€10,065 | +1008.6% |
| Suppliers | 440/4 | €998 | €11,063 | +€10,065 | +1008.6% |
| Taxes, remuneration and social security | 45 | - | €36,654 | +€36,654 | |
| Taxes | 450/3 | - | €36,654 | +€36,654 | |
| Other amounts payable | 47/48 | €338,450 | €504,455 | +€166,005 | +49.0% |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,560 | €21,658 | -€5,902 | -21.4% |
| Other operating charges | 640/8 | €10,354 | €11,932 | +€1,579 | +15.2% |
| Gross operating margin | 9900 | €56,418 | €127,367 | +€70,949 | +125.8% |
| Operating profit (loss) | 9901 | €18,505 | €93,777 | +€75,272 | +406.8% |
| Financial charges | 65/66B | €6,631 | €7,462 | +€831 | +12.5% |
| Recurring financial charges | 65 | €6,631 | €7,462 | +€831 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €11,874 | €86,316 | +€74,442 | +626.9% |
| Income taxes | 67/77 | €1,939 | €33,725 | +€31,786 | +1639.4% |
| Profit (loss) for the period | 9904 | €9,935 | €52,590 | +€42,655 | +429.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,935 | €52,590 | +€42,655 | +429.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.