PROXIWOOD: 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.
PROXIWOOD
Largest movements
- Receivables within one year -€68,606
down €68,606 (-64.3%), from €106,615 to €38,009
of which Trade receivables: -€69,970
- Tangible fixed assets -€36,444
down €36,444 (-13.6%), from €268,475 to €232,031
of which Leasing and similar rights: -€26,244
- Stocks and contracts +€28,000
up €28,000 (+280%), from €10,000 to €38,000
- Cash +€23,797
up €23,797 (+191%), from €12,427 to €36,225
mainly Receivables within one year (+€68,606) and Depreciation (+€48,280)
- Deferred charges and accrued income -€7,719
down €7,719 (-53.2%), from €14,514 to €6,795
- Debts after one year -€43,083
down €43,083 (-27.9%), from €154,336 to €111,253
- Trade debts -€37,509
down €37,509 (-31.8%), from €117,838 to €80,329
- Advances received +€17,725
new in 2025: €17,725
- Tax, wage and social debts +€7,876
up €7,876 (+47.6%), from €16,551 to €24,427
of which Remuneration and social security: +€7,954
- Profit (loss) carried forward -€6,969
down €6,969 (-18.6%), from €37,380 to €30,411
- Staff costs +€20,489
up €20,489 (+15.2%), from €134,803 to €155,291
- Other operating charges -€12,207
down €12,207 (-69.6%), from €17,537 to €5,330
- Depreciation +€2,390
up €2,390 (+5.2%), from €45,890 to €48,280
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 | €412,341 | €351,060 | -€61,281 | -14.9% |
| Fixed assets | 21/28 | €268,785 | €232,031 | -€36,753 | -13.7% |
| Intangible fixed assets | 21 | €91 | - | -€91 | |
| Tangible fixed assets | 22/27 | €268,475 | €232,031 | -€36,444 | -13.6% |
| Plant, machinery and equipment | 23 | €25,043 | €16,680 | -€8,363 | -33.4% |
| Furniture and vehicles | 24 | €1,465 | €10,295 | +€8,830 | +603% |
| Leasing and similar rights | 25 | €152,698 | €126,453 | -€26,244 | -17.2% |
| Other tangible fixed assets | 26 | €89,270 | €78,603 | -€10,667 | -11.9% |
| Financial fixed assets | 28 | €218 | - | -€218 | |
| Current assets | 29/58 | €143,556 | €119,029 | -€24,527 | -17.1% |
| Stocks and contracts in progress | 3 | €10,000 | €38,000 | +€28,000 | +280% |
| Stocks | 30/36 | €10,000 | €38,000 | +€28,000 | +280% |
| Amounts receivable within one year | 40/41 | €106,615 | €38,009 | -€68,606 | -64.3% |
| Trade receivables | 40 | €92,617 | €22,648 | -€69,970 | -75.5% |
| Other amounts receivable | 41 | €13,998 | €15,361 | +€1,364 | +9.7% |
| Cash at bank and in hand | 54/58 | €12,427 | €36,225 | +€23,797 | +191% |
| Deferred charges and accrued income | 490/1 | €14,514 | €6,795 | -€7,719 | -53.2% |
| Total equity and liabilities | 10/49 | €412,341 | €351,060 | -€61,281 | -14.9% |
| Equity | 10/15 | €77,380 | €70,411 | -€6,969 | -9.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,380 | €30,411 | -€6,969 | -18.6% |
| Amounts payable | 17/49 | €334,961 | €280,649 | -€54,312 | -16.2% |
| Amounts payable after more than one year | 17 | €154,336 | €111,253 | -€43,083 | -27.9% |
| Financial debts | 170/4 | €154,336 | €111,253 | -€43,083 | -27.9% |
| Amounts payable within one year | 42/48 | €180,625 | €169,396 | -€11,229 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €43,891 | €45,948 | +€2,057 | +4.7% |
| Trade debts | 44 | €117,838 | €80,329 | -€37,509 | -31.8% |
| Suppliers | 440/4 | €117,838 | €80,329 | -€37,509 | -31.8% |
| Advances received on contracts in progress | 46 | - | €17,725 | +€17,725 | |
| Taxes, remuneration and social security | 45 | €16,551 | €24,427 | +€7,876 | +47.6% |
| Taxes | 450/3 | €794 | €716 | -€78 | -9.8% |
| Remuneration and social security | 454/9 | €15,757 | €23,711 | +€7,954 | +50.5% |
| Other amounts payable | 47/48 | €2,345 | €968 | -€1,377 | -58.7% |
| Non-recurring operating income | 76A | €94 | €660 | +€567 | +606% |
| Remuneration, social security and pensions | 62 | €134,803 | €155,291 | +€20,489 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,890 | €48,280 | +€2,390 | +5.2% |
| Other operating charges | 640/8 | €17,537 | €5,330 | -€12,207 | -69.6% |
| Gross operating margin | 9900 | €207,265 | €208,270 | +€1,005 | +0.5% |
| Operating profit (loss) | 9901 | €9,035 | -€632 | -€9,667 | |
| Financial income | 75/76B | €1,072 | €986 | -€86 | -8.0% |
| Recurring financial income | 75 | €1,072 | €986 | -€86 | -8.0% |
| Financial charges | 65/66B | €8,501 | €7,219 | -€1,282 | -15.1% |
| Recurring financial charges | 65 | €8,501 | €7,219 | -€1,282 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,606 | -€6,865 | -€8,471 | |
| Income taxes | 67/77 | €138 | €104 | -€34 | -24.5% |
| Profit (loss) for the period | 9904 | €1,468 | -€6,969 | -€8,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,468 | -€6,969 | -€8,437 |
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 20 October 2026 via checked.be.