Proxiney: 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.
Proxiney
Largest movements
- Intangible fixed assets +€89,211
new in 2025: €89,211
- Receivables within one year -€75,900
down €75,900 (-27.5%), from €275,751 to €199,851
of which Trade receivables: -€65,421
- Cash +€53,616
up €53,616 (+179%), from €29,878 to €83,494
mainly Receivables within one year (+€75,900) and Debts after one year (+€69,199)
- Stocks and contracts +€32,514
up €32,514 (+43.4%), from €74,880 to €107,393
- Deferred charges and accrued income -€14,612
down €14,612 (-87.4%), from €16,715 to €2,104
- Debts after one year +€69,199
up €69,199 (+36.2%), from €191,154 to €260,352
- Trade debts -€26,635
down €26,635 (-13.9%), from €191,774 to €165,140
- Other debts +€24,425
up €24,425 (+170%), from €14,378 to €38,803
- Tax, wage and social debts +€17,789
up €17,789 (+50.4%), from €35,293 to €53,083
of which Remuneration and social security: +€13,240
- Staff costs +€33,074
up €33,074 (+22.1%), from €149,790 to €182,864
- Gross operating margin +€17,112
up €17,112 (+6.5%), from €261,943 to €279,055
- Taxes -€5,921
down €5,921 (-85.7%), from €6,905 to €984
- Other operating charges +€4,952
up €4,952 (+49.1%), from €10,092 to €15,043
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 | €614,934 | €706,307 | +€91,373 | +14.9% |
| Fixed assets | 21/28 | €217,710 | €313,465 | +€95,755 | +44.0% |
| Intangible fixed assets | 21 | - | €89,211 | +€89,211 | |
| Tangible fixed assets | 22/27 | €203,361 | €207,485 | +€4,124 | +2.0% |
| Land and buildings | 22 | €86,300 | €71,306 | -€14,994 | -17.4% |
| Plant, machinery and equipment | 23 | €98,599 | €110,257 | +€11,658 | +11.8% |
| Furniture and vehicles | 24 | €18,462 | €25,923 | +€7,461 | +40.4% |
| Financial fixed assets | 28 | €14,349 | €16,769 | +€2,420 | +16.9% |
| Current assets | 29/58 | €397,224 | €392,842 | -€4,382 | -1.1% |
| Stocks and contracts in progress | 3 | €74,880 | €107,393 | +€32,514 | +43.4% |
| Stocks | 30/36 | €74,880 | €107,393 | +€32,514 | +43.4% |
| Amounts receivable within one year | 40/41 | €275,751 | €199,851 | -€75,900 | -27.5% |
| Trade receivables | 40 | €110,321 | €44,900 | -€65,421 | -59.3% |
| Other amounts receivable | 41 | €165,430 | €154,951 | -€10,479 | -6.3% |
| Cash at bank and in hand | 54/58 | €29,878 | €83,494 | +€53,616 | +179% |
| Deferred charges and accrued income | 490/1 | €16,715 | €2,104 | -€14,612 | -87.4% |
| Total equity and liabilities | 10/49 | €614,934 | €706,307 | +€91,373 | +14.9% |
| Equity | 10/15 | €136,510 | €136,898 | +€387 | +0.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,510 | €111,898 | +€387 | +0.3% |
| Amounts payable | 17/49 | €478,424 | €569,409 | +€90,986 | +19.0% |
| Amounts payable after more than one year | 17 | €191,154 | €260,352 | +€69,199 | +36.2% |
| Financial debts | 170/4 | €191,154 | €260,352 | +€69,199 | +36.2% |
| Amounts payable within one year | 42/48 | €287,270 | €307,827 | +€20,557 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €45,824 | €50,801 | +€4,977 | +10.9% |
| Trade debts | 44 | €191,774 | €165,140 | -€26,635 | -13.9% |
| Suppliers | 440/4 | €191,774 | €165,140 | -€26,635 | -13.9% |
| Taxes, remuneration and social security | 45 | €35,293 | €53,083 | +€17,789 | +50.4% |
| Taxes | 450/3 | €1,837 | €6,386 | +€4,549 | +248% |
| Remuneration and social security | 454/9 | €33,457 | €46,697 | +€13,240 | +39.6% |
| Other amounts payable | 47/48 | €14,378 | €38,803 | +€24,425 | +170% |
| Accrued charges and deferred income | 492/3 | - | €1,230 | +€1,230 | |
| Non-recurring operating income | 76A | €33,095 | - | -€33,095 | |
| Remuneration, social security and pensions | 62 | €149,790 | €182,864 | +€33,074 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,153 | €52,089 | -€1,064 | -2.0% |
| Other operating charges | 640/8 | €10,092 | €15,043 | +€4,952 | +49.1% |
| Non-recurring operating charges | 66A | - | €11,519 | +€11,519 | |
| Gross operating margin | 9900 | €261,943 | €279,055 | +€17,112 | +6.5% |
| Operating profit (loss) | 9901 | €48,909 | €17,540 | -€31,368 | -64.1% |
| Financial income | 75/76B | €27 | €65 | +€38 | +140% |
| Recurring financial income | 75 | €27 | €65 | +€38 | +140% |
| Financial charges | 65/66B | €16,498 | €16,234 | -€264 | -1.6% |
| Recurring financial charges | 65 | €16,498 | €16,234 | -€264 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €32,438 | €1,372 | -€31,066 | -95.8% |
| Income taxes | 67/77 | €6,905 | €984 | -€5,921 | -85.7% |
| Profit (loss) for the period | 9904 | €25,532 | €387 | -€25,145 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,532 | €387 | -€25,145 | -98.5% |
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 24 October 2026 via checked.be.