PROXISTORE: 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.
PROXISTORE
Largest movements
- Financial fixed assets -€4.6m
down €4.6m (-86.1%), from €5.3m to €740,157
- Cash +€1.4m
up €1.4m (+46.8%), from €3.1m to €4.5m
mainly Investment in fixed assets (net) (+€4.0m) and Depreciation (+€874,245)
- Intangible fixed assets -€180,636
down €180,636 (-5.8%), from €3.1m to €3.0m
- Profit (loss) carried forward -€2.6m
down €2.6m (-96.8%), from -€2.7m to -€5.3m
- Debts after one year -€1.3m
down €1.3m (-10.7%), from €12.4m to €11.1m
- Trade debts +€490,269
up €490,269 (+49.9%), from €982,629 to €1.5m
- Current portion of long-term debt -€333,514
down €333,514 (-66.7%), from €500,004 to €166,490
- Other debts +€169,355
up €169,355 (+122.4%), from €138,315 to €307,670
- Gross operating margin -€1.1m
down €1.1m, from €622,052 to -€512,162
- Staff costs -€365,073
down €365,073 (-36.8%), from €990,745 to €625,672
- Financial charges +€141,920
up €141,920 (+57.4%), from €247,063 to €388,983
of which Financial charges: +€78,731
- Depreciation +€78,837
up €78,837 (+9.9%), from €795,408 to €874,245
- Other operating charges +€30,909
up €30,909 (+2364.6%), from €1,307 to €32,216
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,594,498 | €11,039,222 | -€3.6m | -24.4% |
| Formation expenses | 20 | €511,413 | €409,933 | -€101,480 | -19.8% |
| Fixed assets | 21/28 | €8,483,498 | €3,709,516 | -€4.8m | -56.3% |
| Intangible fixed assets | 21 | €3,131,579 | €2,950,943 | -€180,636 | -5.8% |
| Tangible fixed assets | 22/27 | €21,762 | €18,416 | -€3,346 | -15.4% |
| Furniture and vehicles | 24 | €21,762 | €18,416 | -€3,346 | -15.4% |
| Financial fixed assets | 28 | €5,330,157 | €740,157 | -€4.6m | -86.1% |
| Current assets | 29/58 | €5,599,587 | €6,919,773 | +€1.3m | +23.6% |
| Amounts receivable within one year | 40/41 | €2,499,655 | €2,372,614 | -€127,042 | -5.1% |
| Trade receivables | 40 | €2,184,610 | €2,162,661 | -€21,948 | -1.0% |
| Other amounts receivable | 41 | €315,046 | €209,952 | -€105,094 | -33.4% |
| Cash at bank and in hand | 54/58 | €3,091,832 | €4,538,862 | +€1.4m | +46.8% |
| Deferred charges and accrued income | 490/1 | €8,099 | €8,298 | +€198 | +2.4% |
| Total equity and liabilities | 10/49 | €14,594,498 | €11,039,222 | -€3.6m | -24.4% |
| Equity | 10/15 | €459,403 | -€2,128,405 | -€2.6m | |
| Contributions | 10/11 | €3,093,572 | €3,093,572 | = | 0.0% |
| Capital | 10 | €3,093,572 | €3,093,572 | = | 0.0% |
| Issued capital | 100 | €3,093,572 | €3,093,572 | = | 0.0% |
| Reserves | 13 | €38,463 | €38,463 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,642 | €16,642 | = | 0.0% |
| Legal reserve | 130 | €16,642 | €16,642 | = | 0.0% |
| Distributable reserves | 133 | €21,821 | €21,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,672,631 | -€5,260,440 | -€2.6m | -96.8% |
| Amounts payable | 17/49 | €14,135,095 | €13,167,627 | -€967,467 | -6.8% |
| Amounts payable after more than one year | 17 | €12,386,268 | €11,059,828 | -€1.3m | -10.7% |
| Financial debts | 170/4 | €12,386,268 | €11,059,828 | -€1.3m | -10.7% |
| Amounts payable within one year | 42/48 | €1,748,827 | €2,072,321 | +€323,494 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €500,004 | €166,490 | -€333,514 | -66.7% |
| Trade debts | 44 | €982,629 | €1,472,899 | +€490,269 | +49.9% |
| Suppliers | 440/4 | €982,629 | €1,472,899 | +€490,269 | +49.9% |
| Taxes, remuneration and social security | 45 | €127,878 | €125,263 | -€2,615 | -2.0% |
| Taxes | 450/3 | €149 | €6,395 | +€6,246 | +4204.9% |
| Remuneration and social security | 454/9 | €127,730 | €118,868 | -€8,862 | -6.9% |
| Other amounts payable | 47/48 | €138,315 | €307,670 | +€169,355 | +122.4% |
| Accrued charges and deferred income | 492/3 | - | €35,478 | +€35,478 | |
| Remuneration, social security and pensions | 62 | €990,745 | €625,672 | -€365,073 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €795,408 | €874,245 | +€78,837 | +9.9% |
| Other operating charges | 640/8 | €1,307 | €32,216 | +€30,909 | +2364.6% |
| Non-recurring operating charges | 66A | - | €163,586 | +€163,586 | |
| Gross operating margin | 9900 | €622,052 | -€512,162 | -€1.1m | |
| Operating profit (loss) | 9901 | -€1,165,409 | -€2,207,882 | -€1.0m | -89.5% |
| Financial income | 75/76B | €1,343 | €23 | -€1,321 | -98.3% |
| Recurring financial income | 75 | €1,343 | €23 | -€1,321 | -98.3% |
| Financial charges | 65/66B | €247,063 | €388,983 | +€141,920 | +57.4% |
| Recurring financial charges | 65 | €247,063 | €325,795 | +€78,731 | +31.9% |
| Non-recurring financial charges | 66B | - | €63,188 | +€63,188 | |
| Profit (loss) for the period before taxes | 9903 | -€1,411,129 | -€2,596,843 | -€1.2m | -84.0% |
| Income taxes | 67/77 | -€16,373 | -€9,034 | +€7,339 | +44.8% |
| Profit (loss) for the period | 9904 | -€1,394,756 | -€2,587,808 | -€1.2m | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,394,756 | -€2,587,808 | -€1.2m | -85.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.