PROXILOG: 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.
What changed
PROXILOG
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€59,675
2024 · €39,508+€20,167
Equity
€143,938
2024 · €144,263-€325
Cash
€477
2024 · €458+€19
Balance sheet total
€2.2m
2024 · €2.3m-€36,498
Largest movements
Assets
- Receivables within one year -€66,825
down €66,825 (-17.2%), from €388,958 to €322,133
of which Trade receivables: -€71,271
- Tangible fixed assets +€22,984
up €22,984 (+1.3%), from €1.8m to €1.8m
of which Furniture and vehicles: +€119,738
Equity and liabilities
- Other debts +€135,013
up €135,013 (+184%), from €73,345 to €208,358
- Debts after one year -€124,060
down €124,060 (-10.6%), from €1.2m to €1.0m
- Tax, wage and social debts -€37,552
down €37,552 (-14.7%), from €254,704 to €217,152
of which Remuneration and social security: -€19,964
- Trade debts -€32,018
down €32,018 (-8.4%), from €381,415 to €349,397
Income statement
- Services and other goods +€86,366
up €86,366 (+7.0%), from €1.2m to €1.3m
- Other operating income +€64,715
up €64,715 (+204%), from €31,654 to €96,369
- Staff costs -€58,311
down €58,311 (-4.3%), from €1.4m to €1.3m
- Turnover +€39,923
up €39,923 (+1.3%), from €3.0m to €3.1m
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.
Result 2024
€39,508
Turnover
+€39,923
Other operating income
+€64,715
Services and other goods
-€86,366
Staff costs
+€58,311
Depreciation
-€13,625
Write-downs
-€20,000
Other operating charges
+€448
Financial charges
-€15,341
Taxes
-€7,898
Result 2025
€59,675
raises the resultlowers the result
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.
From operations
+€560,547
Investment
-€398,912
Financing
-€161,616
Cash 2024
€458
From operations (derived)
+€560,547
Net result for the year
+€59,675
Depreciation
+€371,011
Receivables within one year
+€66,825
Deferred charges and accrued income
-€2,407
Trade debts
-€32,018
Tax, wage and social debts
-€37,552
Other debts
+€135,013
Investment (derived)
-€398,912
Investment in fixed assets (net)
-€398,912
Financing
-€161,616
Debts after one year
-€124,060
Current portion of long-term debt
+€22,444
Contributions, distributions and other
-€60,000
Cash 2025
€477
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,284,495 | €2,247,997 | -€36,498 | -1.6% |
| Fixed assets | 21/28 | €1,806,385 | €1,834,286 | +€27,901 | +1.5% |
| Intangible fixed assets | 21 | - | €4,917 | +€4,917 | |
| Tangible fixed assets | 22/27 | €1,806,385 | €1,829,369 | +€22,984 | +1.3% |
| Plant, machinery and equipment | 23 | €5,132 | €3,911 | -€1,221 | -23.8% |
| Furniture and vehicles | 24 | €345,594 | €465,332 | +€119,738 | +34.6% |
| Leasing and similar rights | 25 | €1,148,199 | €1,265,771 | +€117,572 | +10.2% |
| Assets under construction and advance payments | 27 | €307,460 | €94,355 | -€213,105 | -69.3% |
| Current assets | 29/58 | €478,110 | €413,711 | -€64,399 | -13.5% |
| Amounts receivable within one year | 40/41 | €388,958 | €322,133 | -€66,825 | -17.2% |
| Trade receivables | 40 | €375,809 | €304,538 | -€71,271 | -19.0% |
| Other amounts receivable | 41 | €13,149 | €17,595 | +€4,446 | +33.8% |
| Cash at bank and in hand | 54/58 | €458 | €477 | +€19 | +4.1% |
| Deferred charges and accrued income | 490/1 | €88,694 | €91,101 | +€2,407 | +2.7% |
| Total equity and liabilities | 10/49 | €2,284,495 | €2,247,997 | -€36,498 | -1.6% |
| Equity | 10/15 | €144,263 | €143,938 | -€325 | -0.2% |
| Contributions | 10/11 | €130,539 | €130,539 | = | 0.0% |
| Capital | 10 | €130,539 | €130,539 | = | 0.0% |
| Issued capital | 100 | €130,539 | €130,539 | = | 0.0% |
| Reserves | 13 | €13,054 | €13,054 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,054 | €13,054 | = | 0.0% |
| Legal reserve | 130 | €13,054 | €13,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | €670 | €345 | -€325 | -48.5% |
| Amounts payable | 17/49 | €2,140,232 | €2,104,059 | -€36,173 | -1.7% |
| Amounts payable after more than one year | 17 | €1,166,632 | €1,042,572 | -€124,060 | -10.6% |
| Financial debts | 170/4 | €1,166,632 | €1,042,572 | -€124,060 | -10.6% |
| Leasing and similar obligations | 172 | €1,166,632 | €1,042,572 | -€124,060 | -10.6% |
| Amounts payable within one year | 42/48 | €973,600 | €1,061,487 | +€87,887 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €264,136 | €286,580 | +€22,444 | +8.5% |
| Trade debts | 44 | €381,415 | €349,397 | -€32,018 | -8.4% |
| Suppliers | 440/4 | €381,415 | €349,397 | -€32,018 | -8.4% |
| Taxes, remuneration and social security | 45 | €254,704 | €217,152 | -€37,552 | -14.7% |
| Taxes | 450/3 | €45,781 | €28,193 | -€17,588 | -38.4% |
| Remuneration and social security | 454/9 | €208,923 | €188,959 | -€19,964 | -9.6% |
| Other amounts payable | 47/48 | €73,345 | €208,358 | +€135,013 | +184% |
| Operating income | 70/76A | €3,043,965 | €3,148,603 | +€104,638 | +3.4% |
| Turnover | 70 | €3,012,311 | €3,052,234 | +€39,923 | +1.3% |
| Other operating income | 74 | €31,654 | €96,369 | +€64,715 | +204% |
| Operating charges | 60/66A | €2,962,478 | €3,023,710 | +€61,232 | +2.1% |
| Services and other goods | 61 | €1,236,917 | €1,323,283 | +€86,366 | +7.0% |
| Remuneration, social security and pensions | 62 | €1,357,679 | €1,299,368 | -€58,311 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357,386 | €371,011 | +€13,625 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €10,496 | €10,048 | -€448 | -4.3% |
| Operating profit (loss) | 9901 | €81,487 | €124,893 | +€43,406 | +53.3% |
| Financial charges | 65/66B | €19,599 | €34,940 | +€15,341 | +78.3% |
| Recurring financial charges | 65 | €19,599 | €34,940 | +€15,341 | +78.3% |
| Debt charges | 650 | €19,599 | €34,940 | +€15,341 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | €61,888 | €89,953 | +€28,065 | +45.3% |
| Income taxes | 67/77 | €22,380 | €30,278 | +€7,898 | +35.3% |
| Taxes | 670/3 | €22,383 | €30,278 | +€7,895 | +35.3% |
| Tax adjustments and reversals of tax provisions | 77 | €3 | - | -€3 | |
| Profit (loss) for the period | 9904 | €39,508 | €59,675 | +€20,167 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,508 | €59,675 | +€20,167 | +51.0% |
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 18 October 2026 via checked.be.