ProXLR: 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.
ProXLR
Largest movements
- Receivables within one year -€189,516
down €189,516 (-56.2%), from €337,410 to €147,894
of which Trade receivables: -€149,783
- Cash +€21,394
up €21,394 (+17.8%), from €119,871 to €141,265
mainly Receivables within one year (+€189,516) and Net result for the year (+€36,626)
- Stocks and contracts +€10,702
up €10,702 (+49.4%), from €21,647 to €32,349
- Tangible fixed assets -€10,448
down €10,448 (-10.9%), from €96,073 to €85,625
of which Other tangible fixed assets: -€9,565
- Trade debts -€144,512
down €144,512 (-45.7%), from €315,902 to €171,390
- Debts after one year -€52,463
down €52,463 (-25.2%), from €208,588 to €156,125
- Profit (loss) carried forward +€36,626
up €36,626 (+57.5%), from €63,750 to €100,376
- Other debts -€27,500
down €27,500 (-30.3%), from €90,750 to €63,250
- Tax, wage and social debts +€21,031
up €21,031 (+69.2%), from €30,387 to €51,418
of which Taxes: +€11,330
- Staff costs +€40,532
up €40,532 (+39.9%), from €101,603 to €142,135
- Gross operating margin +€30,455
up €30,455 (+17.0%), from €179,112 to €209,568
- Taxes -€3,981
down €3,981 (-22.0%), from €18,078 to €14,097
- Financial charges +€3,775
up €3,775 (+273%), from €1,384 to €5,159
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 | €771,005 | €604,187 | -€166,818 | -21.6% |
| Fixed assets | 21/28 | €292,077 | €281,629 | -€10,448 | -3.6% |
| Tangible fixed assets | 22/27 | €96,073 | €85,625 | -€10,448 | -10.9% |
| Plant, machinery and equipment | 23 | €3,936 | €3,053 | -€884 | -22.4% |
| Other tangible fixed assets | 26 | €92,137 | €82,572 | -€9,565 | -10.4% |
| Financial fixed assets | 28 | €196,004 | €196,004 | = | 0.0% |
| Current assets | 29/58 | €478,928 | €322,558 | -€156,370 | -32.6% |
| Stocks and contracts in progress | 3 | €21,647 | €32,349 | +€10,702 | +49.4% |
| Stocks | 30/36 | €21,647 | €32,349 | +€10,702 | +49.4% |
| Amounts receivable within one year | 40/41 | €337,410 | €147,894 | -€189,516 | -56.2% |
| Trade receivables | 40 | €253,928 | €104,144 | -€149,783 | -59.0% |
| Other amounts receivable | 41 | €83,482 | €43,749 | -€39,733 | -47.6% |
| Cash at bank and in hand | 54/58 | €119,871 | €141,265 | +€21,394 | +17.8% |
| Deferred charges and accrued income | 490/1 | - | €1,050 | +€1,050 | |
| Total equity and liabilities | 10/49 | €771,005 | €604,187 | -€166,818 | -21.6% |
| Equity | 10/15 | €110,138 | €146,764 | +€36,626 | +33.3% |
| Contributions | 10/11 | €44,528 | €44,528 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,750 | €100,376 | +€36,626 | +57.5% |
| Amounts payable | 17/49 | €660,868 | €457,424 | -€203,444 | -30.8% |
| Amounts payable after more than one year | 17 | €208,588 | €156,125 | -€52,463 | -25.2% |
| Other amounts payable | 178/9 | €208,588 | €156,125 | -€52,463 | -25.2% |
| Amounts payable within one year | 42/48 | €452,280 | €301,299 | -€150,981 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €15,240 | €15,240 | = | 0.0% |
| Trade debts | 44 | €315,902 | €171,390 | -€144,512 | -45.7% |
| Suppliers | 440/4 | €315,902 | €171,390 | -€144,512 | -45.7% |
| Taxes, remuneration and social security | 45 | €30,387 | €51,418 | +€21,031 | +69.2% |
| Taxes | 450/3 | €22,780 | €34,109 | +€11,330 | +49.7% |
| Remuneration and social security | 454/9 | €7,608 | €17,309 | +€9,701 | +128% |
| Other amounts payable | 47/48 | €90,750 | €63,250 | -€27,500 | -30.3% |
| Remuneration, social security and pensions | 62 | €101,603 | €142,135 | +€40,532 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,448 | €10,448 | = | 0.0% |
| Other operating charges | 640/8 | €481 | €1,102 | +€621 | +129% |
| Gross operating margin | 9900 | €179,112 | €209,568 | +€30,455 | +17.0% |
| Operating profit (loss) | 9901 | €66,579 | €55,882 | -€10,698 | -16.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,384 | €5,159 | +€3,775 | +273% |
| Recurring financial charges | 65 | €1,384 | €5,159 | +€3,775 | +273% |
| Profit (loss) for the period before taxes | 9903 | €65,195 | €50,723 | -€14,473 | -22.2% |
| Income taxes | 67/77 | €18,078 | €14,097 | -€3,981 | -22.0% |
| Profit (loss) for the period | 9904 | €47,117 | €36,626 | -€10,491 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,117 | €36,626 | -€10,491 | -22.3% |
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 25 October 2026 via checked.be.