Proximity Work: 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.
Proximity Work
Largest movements
- Cash -€24,903
down €24,903 (-74.8%), from €33,285 to €8,382
mainly Net result for the year (-€46,794) and Investment in fixed assets (net) (-€12,947)
- Intangible fixed assets -€10,434
down €10,434 (-11.3%), from €92,428 to €81,994
- Receivables within one year -€4,400
down €4,400 (-90.5%), from €4,863 to €463
of which Other amounts receivable: -€4,763
- Profit (loss) carried forward -€46,794
down €46,794 (-47.4%), from -€98,784 to -€145,578
- Debts after one year +€23,603
up €23,603 (+13.4%), from €176,335 to €199,938
- Trade debts -€8,501
down €8,501 (-55.8%), from €15,247 to €6,746
- Tax, wage and social debts -€7,861
down €7,861 (-54.3%), from €14,483 to €6,622
of which Remuneration and social security: -€6,884
- Short-term financial debts -€1,581
down €1,581 (-97.8%), from €1,616 to €35
- Staff costs -€22,024
down €22,024 (-38.5%), from €57,165 to €35,141
- Gross operating margin +€15,670
up €15,670 (+2790.1%), from €562 to €16,231
- Depreciation +€10,355
up €10,355 (+70.3%), from €14,740 to €25,095
- Financial charges +€680
up €680 (+40.5%), from €1,679 to €2,359
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 | €134,051 | €92,622 | -€41,430 | -30.9% |
| Fixed assets | 21/28 | €95,600 | €83,452 | -€12,148 | -12.7% |
| Intangible fixed assets | 21 | €92,428 | €81,994 | -€10,434 | -11.3% |
| Tangible fixed assets | 22/27 | €1,952 | €1,458 | -€494 | -25.3% |
| Furniture and vehicles | 24 | €1,952 | €1,458 | -€494 | -25.3% |
| Financial fixed assets | 28 | €1,221 | €0 | -€1,221 | -100.0% |
| Current assets | 29/58 | €38,451 | €9,170 | -€29,281 | -76.2% |
| Amounts receivable within one year | 40/41 | €4,863 | €463 | -€4,400 | -90.5% |
| Trade receivables | 40 | - | €363 | +€363 | |
| Other amounts receivable | 41 | €4,863 | €100 | -€4,763 | -97.9% |
| Cash at bank and in hand | 54/58 | €33,285 | €8,382 | -€24,903 | -74.8% |
| Deferred charges and accrued income | 490/1 | €303 | €324 | +€21 | +7.0% |
| Total equity and liabilities | 10/49 | €134,051 | €92,622 | -€41,430 | -30.9% |
| Equity | 10/15 | -€78,784 | -€125,578 | -€46,794 | -59.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,784 | -€145,578 | -€46,794 | -47.4% |
| Amounts payable | 17/49 | €212,835 | €218,199 | +€5,364 | +2.5% |
| Amounts payable after more than one year | 17 | €176,335 | €199,938 | +€23,603 | +13.4% |
| Financial debts | 170/4 | €176,335 | €199,938 | +€23,603 | +13.4% |
| Amounts payable within one year | 42/48 | €36,500 | €18,261 | -€18,239 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €5,155 | €4,858 | -€297 | -5.8% |
| Financial debts | 43 | €1,616 | €35 | -€1,581 | -97.8% |
| Credit institutions | 430/8 | €1,616 | €35 | -€1,581 | -97.8% |
| Trade debts | 44 | €15,247 | €6,746 | -€8,501 | -55.8% |
| Suppliers | 440/4 | €15,247 | €6,746 | -€8,501 | -55.8% |
| Taxes, remuneration and social security | 45 | €14,483 | €6,622 | -€7,861 | -54.3% |
| Taxes | 450/3 | €2,219 | €1,242 | -€977 | -44.0% |
| Remuneration and social security | 454/9 | €12,264 | €5,380 | -€6,884 | -56.1% |
| Remuneration, social security and pensions | 62 | €57,165 | €35,141 | -€22,024 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,740 | €25,095 | +€10,355 | +70.3% |
| Other operating charges | 640/8 | €400 | €387 | -€13 | -3.2% |
| Gross operating margin | 9900 | €562 | €16,231 | +€15,670 | +2790.1% |
| Operating profit (loss) | 9901 | -€71,743 | -€44,392 | +€27,352 | +38.1% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €1,679 | €2,359 | +€680 | +40.5% |
| Recurring financial charges | 65 | €1,679 | €2,359 | +€680 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | -€73,422 | -€46,712 | +€26,710 | +36.4% |
| Income taxes | 67/77 | - | €82 | +€82 | |
| Profit (loss) for the period | 9904 | -€73,422 | -€46,794 | +€26,628 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,422 | -€46,794 | +€26,628 | +36.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.