PROXILUS: 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.
PROXILUS
Largest movements
- Receivables within one year +€61,804
up €61,804 (+336.4%), from €18,375 to €80,178
of which Other amounts receivable: +€41,260
- Cash +€55,226
up €55,226 (+584.7%), from €9,445 to €64,671
mainly Net result for the year (+€280,226) and Depreciation (+€41,438)
- Tangible fixed assets -€43,363
down €43,363 (-3.3%), from €1.3m to €1.3m
of which Land and buildings: -€34,681
- Stocks and contracts -€32,514
no longer reported in 2025 (was €32,514)
- Profit (loss) carried forward +€280,226
up €280,226 (+778.9%), from €35,978 to €316,204
- Debts after one year -€108,297
down €108,297 (-6.6%), from €1.6m to €1.5m
of which Financial debts: -€108,297
- Other debts -€97,128
down €97,128 (-68.0%), from €142,793 to €45,665
- Tax, wage and social debts -€22,311
down €22,311 (-96.1%), from €23,211 to €900
of which Remuneration and social security: -€22,167
- Trade debts -€21,329
down €21,329 (-35.6%), from €59,925 to €38,596
- Financial income +€160,445
up €160,445 (+179327.9%), from €89 to €160,534
- Gross operating margin +€101,224
up €101,224 (+43.3%), from €233,589 to €334,813
- Other operating charges -€31,578
down €31,578 (-70.8%), from €44,614 to €13,036
- Staff costs -€30,486
down €30,486 (-22.8%), from €133,602 to €103,116
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 | €2,011,933 | €2,048,063 | +€36,129 | +1.8% |
| Fixed assets | 21/28 | €1,945,836 | €1,902,070 | -€43,766 | -2.2% |
| Tangible fixed assets | 22/27 | €1,297,433 | €1,254,070 | -€43,363 | -3.3% |
| Land and buildings | 22 | €1,282,832 | €1,248,150 | -€34,681 | -2.7% |
| Plant, machinery and equipment | 23 | €13,609 | €5,920 | -€7,689 | -56.5% |
| Furniture and vehicles | 24 | €992 | €0 | -€992 | -100.0% |
| Financial fixed assets | 28 | €648,403 | €648,000 | -€403 | -0.1% |
| Current assets | 29/58 | €66,097 | €145,993 | +€79,895 | +120.9% |
| Stocks and contracts in progress | 3 | €32,514 | - | -€32,514 | |
| Stocks | 30/36 | €32,514 | - | -€32,514 | |
| Amounts receivable within one year | 40/41 | €18,375 | €80,178 | +€61,804 | +336.4% |
| Trade receivables | 40 | €6,289 | €26,833 | +€20,543 | +326.6% |
| Other amounts receivable | 41 | €12,085 | €53,346 | +€41,260 | +341.4% |
| Cash at bank and in hand | 54/58 | €9,445 | €64,671 | +€55,226 | +584.7% |
| Deferred charges and accrued income | 490/1 | €5,764 | €1,143 | -€4,621 | -80.2% |
| Total equity and liabilities | 10/49 | €2,011,933 | €2,048,063 | +€36,129 | +1.8% |
| Equity | 10/15 | €42,178 | €322,404 | +€280,226 | +664.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,978 | €316,204 | +€280,226 | +778.9% |
| Amounts payable | 17/49 | €1,969,755 | €1,725,658 | -€244,097 | -12.4% |
| Amounts payable after more than one year | 17 | €1,640,440 | €1,532,143 | -€108,297 | -6.6% |
| Financial debts | 170/4 | €1,638,340 | €1,530,043 | -€108,297 | -6.6% |
| Other amounts payable | 178/9 | €2,100 | €2,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €329,315 | €193,515 | -€135,799 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €103,385 | €108,354 | +€4,968 | +4.8% |
| Trade debts | 44 | €59,925 | €38,596 | -€21,329 | -35.6% |
| Suppliers | 440/4 | €59,925 | €38,596 | -€21,329 | -35.6% |
| Taxes, remuneration and social security | 45 | €23,211 | €900 | -€22,311 | -96.1% |
| Taxes | 450/3 | €1,044 | €900 | -€144 | -13.8% |
| Remuneration and social security | 454/9 | €22,167 | - | -€22,167 | |
| Other amounts payable | 47/48 | €142,793 | €45,665 | -€97,128 | -68.0% |
| Non-recurring operating income | 76A | €20,143 | - | -€20,143 | |
| Remuneration, social security and pensions | 62 | €133,602 | €103,116 | -€30,486 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,859 | €41,438 | -€421 | -1.0% |
| Other operating charges | 640/8 | €44,614 | €13,036 | -€31,578 | -70.8% |
| Non-recurring operating charges | 66A | - | €56 | +€56 | |
| Gross operating margin | 9900 | €233,589 | €334,813 | +€101,224 | +43.3% |
| Operating profit (loss) | 9901 | €13,514 | €177,169 | +€163,654 | +1211.0% |
| Financial income | 75/76B | €89 | €160,534 | +€160,445 | +179327.9% |
| Recurring financial income | 75 | €89 | €160,534 | +€160,445 | +179327.9% |
| Financial charges | 65/66B | €56,973 | €57,477 | +€504 | +0.9% |
| Recurring financial charges | 65 | €56,973 | €57,477 | +€504 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€43,369 | €280,226 | +€323,595 | |
| Income taxes | 67/77 | €171 | €0 | -€171 | -100.0% |
| Profit (loss) for the period | 9904 | -€43,540 | €280,226 | +€323,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,540 | €280,226 | +€323,766 |
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 29 September 2026 via checked.be.