PROXI-FISC: 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.
PROXI-FISC
Largest movements
- Tangible fixed assets -€33,623
down €33,623 (-57.0%), from €58,941 to €25,318
- Cash +€21,453
up €21,453 (+87.6%), from €24,501 to €45,953
mainly Net result for the year (+€59,631) and Investment in fixed assets (net) (+€22,860)
- Receivables within one year -€9,931
down €9,931 (-26.4%), from €37,660 to €27,729
of which Trade receivables: -€7,376
- Intangible fixed assets -€2,000
down €2,000 (-20.0%), from €10,000 to €8,000
- Debts after one year -€25,807
down €25,807 (-75.5%), from €34,173 to €8,366
- Reserves +€22,524
up €22,524 (+59.2%), from €38,037 to €60,561
- Contributions -€10,437
down €10,437 (-35.9%), from €29,037 to €18,600
- Current portion of long-term debt -€6,156
down €6,156 (-52.3%), from €11,775 to €5,618
- Other debts -€3,575
down €3,575 (-92.0%), from €3,887 to €313
- Gross operating margin +€19,406
up €19,406 (+16.8%), from €115,738 to €135,143
- Depreciation -€6,376
down €6,376 (-33.3%), from €19,138 to €12,763
- Taxes +€2,555
up €2,555 (+18.8%), from €13,616 to €16,171
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 | €133,051 | €109,124 | -€23,927 | -18.0% |
| Fixed assets | 21/28 | €69,324 | €33,702 | -€35,623 | -51.4% |
| Intangible fixed assets | 21 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Tangible fixed assets | 22/27 | €58,941 | €25,318 | -€33,623 | -57.0% |
| Furniture and vehicles | 24 | €58,941 | €25,318 | -€33,623 | -57.0% |
| Financial fixed assets | 28 | €384 | €384 | = | 0.0% |
| Current assets | 29/58 | €63,726 | €75,422 | +€11,696 | +18.4% |
| Amounts receivable within one year | 40/41 | €37,660 | €27,729 | -€9,931 | -26.4% |
| Trade receivables | 40 | €33,276 | €25,900 | -€7,376 | -22.2% |
| Other amounts receivable | 41 | €4,384 | €1,829 | -€2,555 | -58.3% |
| Cash at bank and in hand | 54/58 | €24,501 | €45,953 | +€21,453 | +87.6% |
| Deferred charges and accrued income | 490/1 | €1,566 | €1,740 | +€174 | +11.1% |
| Total equity and liabilities | 10/49 | €133,051 | €109,124 | -€23,927 | -18.0% |
| Equity | 10/15 | €67,074 | €79,161 | +€12,087 | +18.0% |
| Contributions | 10/11 | €29,037 | €18,600 | -€10,437 | -35.9% |
| Reserves | 13 | €38,037 | €60,561 | +€22,524 | +59.2% |
| Distributable reserves | 133 | €38,037 | €60,561 | +€22,524 | +59.2% |
| Amounts payable | 17/49 | €65,977 | €29,963 | -€36,014 | -54.6% |
| Amounts payable after more than one year | 17 | €34,173 | €8,366 | -€25,807 | -75.5% |
| Financial debts | 170/4 | €34,173 | €8,366 | -€25,807 | -75.5% |
| Amounts payable within one year | 42/48 | €31,804 | €21,597 | -€10,207 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €11,775 | €5,618 | -€6,156 | -52.3% |
| Financial debts | 43 | €5,074 | €6,059 | +€985 | +19.4% |
| Credit institutions | 430/8 | €5,074 | €6,059 | +€985 | +19.4% |
| Trade debts | 44 | €2,359 | €3,115 | +€756 | +32.0% |
| Suppliers | 440/4 | €2,359 | €3,115 | +€756 | +32.0% |
| Taxes, remuneration and social security | 45 | €8,710 | €6,492 | -€2,218 | -25.5% |
| Taxes | 450/3 | €3,908 | €1,690 | -€2,218 | -56.8% |
| Remuneration and social security | 454/9 | €4,802 | €4,802 | = | 0.0% |
| Other amounts payable | 47/48 | €3,887 | €313 | -€3,575 | -92.0% |
| Remuneration, social security and pensions | 62 | €42,313 | €43,626 | +€1,313 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,138 | €12,763 | -€6,376 | -33.3% |
| Other operating charges | 640/8 | €874 | €2,026 | +€1,152 | +132% |
| Gross operating margin | 9900 | €115,738 | €135,143 | +€19,406 | +16.8% |
| Operating profit (loss) | 9901 | €53,413 | €76,729 | +€23,317 | +43.7% |
| Financial income | 75/76B | €451 | €1,066 | +€615 | +136% |
| Recurring financial income | 75 | €451 | €1,066 | +€615 | +136% |
| Financial charges | 65/66B | €2,537 | €1,993 | -€544 | -21.4% |
| Recurring financial charges | 65 | €2,537 | €1,993 | -€544 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €51,326 | €75,802 | +€24,476 | +47.7% |
| Income taxes | 67/77 | €13,616 | €16,171 | +€2,555 | +18.8% |
| Profit (loss) for the period | 9904 | €37,710 | €59,631 | +€21,921 | +58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,710 | €59,631 | +€21,921 | +58.1% |
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 17 October 2026 via checked.be.