PROXY SOINS: 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.
PROXY SOINS
Largest movements
- Receivables within one year +€86,022
up €86,022 (+57.8%), from €148,721 to €234,743
of which Trade receivables: +€45,087
- Tangible fixed assets +€41,945
up €41,945 (+5.6%), from €751,451 to €793,396
of which Land and buildings: +€60,026
- Cash +€39,356
up €39,356 (+609.6%), from €6,456 to €45,812
mainly Net result for the year (+€90,951) and Depreciation (+€79,107)
- Deferred charges and accrued income +€11,504
up €11,504 (+309.8%), from €3,713 to €15,217
- Reserves +€90,951
up €90,951 (+52.4%), from €173,531 to €264,482
- Tax, wage and social debts +€43,521
up €43,521 (+100.8%), from €43,181 to €86,702
of which Taxes: +€29,177
- Trade debts +€37,519
up €37,519 (+82.4%), from €45,538 to €83,057
- Gross operating margin +€67,296
up €67,296 (+15.4%), from €437,513 to €504,809
- Staff costs +€40,280
up €40,280 (+21.2%), from €189,913 to €230,193
- Taxes +€35,307
up €35,307 (+78.8%), from €44,821 to €80,128
- Financial income +€16,571
up €16,571 (+334.7%), from €4,952 to €21,523
of which Non-recurring financial income: +€12,369
- Depreciation +€8,834
up €8,834 (+12.6%), from €70,273 to €79,107
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 | €911,433 | €1,090,260 | +€178,826 | +19.6% |
| Fixed assets | 21/28 | €752,543 | €794,488 | +€41,945 | +5.6% |
| Tangible fixed assets | 22/27 | €751,451 | €793,396 | +€41,945 | +5.6% |
| Land and buildings | 22 | €702,479 | €762,504 | +€60,026 | +8.5% |
| Plant, machinery and equipment | 23 | €28,150 | €25,586 | -€2,564 | -9.1% |
| Furniture and vehicles | 24 | €20,822 | €5,305 | -€15,517 | -74.5% |
| Financial fixed assets | 28 | €1,092 | €1,092 | = | 0.0% |
| Current assets | 29/58 | €158,890 | €295,772 | +€136,882 | +86.1% |
| Amounts receivable within one year | 40/41 | €148,721 | €234,743 | +€86,022 | +57.8% |
| Trade receivables | 40 | - | €45,087 | +€45,087 | |
| Other amounts receivable | 41 | €148,721 | €189,656 | +€40,935 | +27.5% |
| Cash at bank and in hand | 54/58 | €6,456 | €45,812 | +€39,356 | +609.6% |
| Deferred charges and accrued income | 490/1 | €3,713 | €15,217 | +€11,504 | +309.8% |
| Total equity and liabilities | 10/49 | €911,433 | €1,090,260 | +€178,826 | +19.6% |
| Equity | 10/15 | €179,731 | €270,682 | +€90,951 | +50.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €173,531 | €264,482 | +€90,951 | +52.4% |
| Distributable reserves | 133 | €173,531 | €264,482 | +€90,951 | +52.4% |
| Amounts payable | 17/49 | €731,703 | €819,578 | +€87,875 | +12.0% |
| Amounts payable after more than one year | 17 | €552,607 | €560,457 | +€7,850 | +1.4% |
| Financial debts | 170/4 | €552,607 | €560,457 | +€7,850 | +1.4% |
| Amounts payable within one year | 42/48 | €179,096 | €258,221 | +€79,125 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €90,377 | €88,462 | -€1,915 | -2.1% |
| Trade debts | 44 | €45,538 | €83,057 | +€37,519 | +82.4% |
| Suppliers | 440/4 | €45,538 | €83,057 | +€37,519 | +82.4% |
| Taxes, remuneration and social security | 45 | €43,181 | €86,702 | +€43,521 | +100.8% |
| Taxes | 450/3 | €21,772 | €50,949 | +€29,177 | +134.0% |
| Remuneration and social security | 454/9 | €21,409 | €35,753 | +€14,344 | +67.0% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Remuneration, social security and pensions | 62 | €189,913 | €230,193 | +€40,280 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,273 | €79,107 | +€8,834 | +12.6% |
| Other operating charges | 640/8 | €13,540 | €15,493 | +€1,953 | +14.4% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €437,513 | €504,809 | +€67,296 | +15.4% |
| Operating profit (loss) | 9901 | €163,787 | €179,966 | +€16,179 | +9.9% |
| Financial income | 75/76B | €4,952 | €21,523 | +€16,571 | +334.7% |
| Recurring financial income | 75 | €4,952 | €9,154 | +€4,202 | +84.9% |
| Non-recurring financial income | 76B | - | €12,369 | +€12,369 | |
| Financial charges | 65/66B | €23,364 | €30,410 | +€7,046 | +30.2% |
| Recurring financial charges | 65 | €23,364 | €30,410 | +€7,046 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €145,374 | €171,079 | +€25,704 | +17.7% |
| Income taxes | 67/77 | €44,821 | €80,128 | +€35,307 | +78.8% |
| Profit (loss) for the period | 9904 | €100,553 | €90,951 | -€9,602 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €100,553 | €90,951 | -€9,602 | -9.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.