PROXEO: 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.
PROXEO
Largest movements
- Cash +€35,711
up €35,711 (+58.3%), from €61,208 to €96,919
mainly Net result for the year (+€63,419) and Other debts (+€15,362)
- Receivables within one year -€11,086
down €11,086 (-30.0%), from €36,946 to €25,860
of which Trade receivables: -€11,086
- Tangible fixed assets -€1,835
down €1,835 (-45.2%), from €4,056 to €2,221
- Other debts +€15,362
up €15,362 (+29.1%), from €52,776 to €68,138
- Tax, wage and social debts +€6,603
up €6,603 (+82.2%), from €8,033 to €14,636
of which Taxes: +€4,403
- Gross operating margin +€20,711
up €20,711 (+31.8%), from €65,076 to €85,787
- Taxes +€3,928
up €3,928 (+29.3%), from €13,410 to €17,338
- Financial charges +€956
up €956 (+948%), from €101 to €1,057
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 | €102,903 | €126,122 | +€23,218 | +22.6% |
| Fixed assets | 21/28 | €4,356 | €2,521 | -€1,835 | -42.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,056 | €2,221 | -€1,835 | -45.2% |
| Furniture and vehicles | 24 | €4,056 | €2,221 | -€1,835 | -45.2% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €98,547 | €123,600 | +€25,053 | +25.4% |
| Amounts receivable within one year | 40/41 | €36,946 | €25,860 | -€11,086 | -30.0% |
| Trade receivables | 40 | €32,001 | €20,915 | -€11,086 | -34.6% |
| Other amounts receivable | 41 | €4,945 | €4,945 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,208 | €96,919 | +€35,711 | +58.3% |
| Deferred charges and accrued income | 490/1 | €394 | €821 | +€428 | +109% |
| Total equity and liabilities | 10/49 | €102,903 | €126,122 | +€23,218 | +22.6% |
| Equity | 10/15 | €41,669 | €42,088 | +€419 | +1.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,209 | €1,628 | +€419 | +34.7% |
| Amounts payable | 17/49 | €61,235 | €84,034 | +€22,799 | +37.2% |
| Amounts payable within one year | 42/48 | €61,224 | €84,034 | +€22,809 | +37.3% |
| Trade debts | 44 | €416 | €1,259 | +€844 | +203% |
| Suppliers | 440/4 | €416 | €1,259 | +€844 | +203% |
| Taxes, remuneration and social security | 45 | €8,033 | €14,636 | +€6,603 | +82.2% |
| Taxes | 450/3 | €8,033 | €12,436 | +€4,403 | +54.8% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €52,776 | €68,138 | +€15,362 | +29.1% |
| Accrued charges and deferred income | 492/3 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,592 | +€191 | +5.6% |
| Other operating charges | 640/8 | €552 | €486 | -€65 | -11.8% |
| Gross operating margin | 9900 | €65,076 | €85,787 | +€20,711 | +31.8% |
| Operating profit (loss) | 9901 | €61,124 | €81,709 | +€20,585 | +33.7% |
| Financial income | 75/76B | - | €104 | +€104 | |
| Recurring financial income | 75 | - | €104 | +€104 | |
| Financial charges | 65/66B | €101 | €1,057 | +€956 | +948% |
| Recurring financial charges | 65 | €101 | €1,057 | +€956 | +948% |
| Profit (loss) for the period before taxes | 9903 | €61,023 | €80,757 | +€19,734 | +32.3% |
| Income taxes | 67/77 | €13,410 | €17,338 | +€3,928 | +29.3% |
| Profit (loss) for the period | 9904 | €47,613 | €63,419 | +€15,806 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,613 | €63,419 | +€15,806 | +33.2% |
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 19 October 2026 via checked.be.