PROXYLAB: 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.
What changed
PROXYLAB
NACE 46.499, Wholesale of other household goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,258
2024 · €50,181-€29,923
Equity
€416,188
2024 · €395,929+€20,258
Cash
€131,683
2024 · €128,286+€3,397
Balance sheet total
€541,786
2024 · €522,446+€19,341
Largest movements
Assets
- Receivables within one year +€16,207
up €16,207 (+100.9%), from €16,069 to €32,276
of which Other amounts receivable: +€9,339
Equity and liabilities
- Reserves +€20,258
up €20,258 (+5.2%), from €390,044 to €410,302
of which Distributable reserves: +€22,964
Income statement
- Gross operating margin -€45,573
down €45,573 (-48.9%), from €93,194 to €47,620
- Taxes -€14,216
down €14,216 (-55.6%), from €25,549 to €11,333
- Depreciation -€4,168
down €4,168 (-28.7%), from €14,503 to €10,335
- Other operating charges +€1,691
new in 2025: €1,691
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.
Result 2024
€50,181
Gross operating margin
-€45,573
Depreciation
+€4,168
Write-downs
-€554
Other operating charges
-€1,691
Financial income
-€189
Financial charges
-€298
Taxes
+€14,216
Result 2025
€20,258
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.
From operations
+€12,919
Investment
-€9,522
Financing
+€0
Cash 2024
€128,286
From operations (derived)
+€12,919
Net result for the year
+€20,258
Depreciation
+€10,335
Stocks and contracts
+€799
Receivables within one year
-€16,207
Deferred charges and accrued income
-€1,350
Provisions
-€901
Trade debts
+€2,014
Tax, wage and social debts
-€2,774
Other debts
+€743
Investment (derived)
-€9,522
Investment in fixed assets (net)
-€9,522
Financing
+€0
Short-term financial debts
+€0
Cash 2025
€131,683
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €522,446 | €541,786 | +€19,341 | +3.7% |
| Fixed assets | 21/28 | €85,376 | €84,562 | -€813 | -1.0% |
| Intangible fixed assets | 21 | €715 | €715 | = | 0.0% |
| Tangible fixed assets | 22/27 | €84,661 | €83,847 | -€813 | -1.0% |
| Land and buildings | 22 | €82,230 | €78,188 | -€4,042 | -4.9% |
| Plant, machinery and equipment | 23 | €2,431 | €5,025 | +€2,594 | +106.7% |
| Furniture and vehicles | 24 | - | €634 | +€634 | |
| Current assets | 29/58 | €437,070 | €457,224 | +€20,154 | +4.6% |
| Stocks and contracts in progress | 3 | €17,549 | €16,749 | -€799 | -4.6% |
| Stocks | 30/36 | €17,549 | €16,749 | -€799 | -4.6% |
| Amounts receivable within one year | 40/41 | €16,069 | €32,276 | +€16,207 | +100.9% |
| Trade receivables | 40 | €15,894 | €22,761 | +€6,867 | +43.2% |
| Other amounts receivable | 41 | €175 | €9,515 | +€9,339 | +5330.0% |
| Current investments | 50/53 | €275,000 | €275,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €128,286 | €131,683 | +€3,397 | +2.6% |
| Deferred charges and accrued income | 490/1 | €166 | €1,516 | +€1,350 | +811.4% |
| Total equity and liabilities | 10/49 | €522,446 | €541,786 | +€19,341 | +3.7% |
| Equity | 10/15 | €395,929 | €416,188 | +€20,258 | +5.1% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Capital | 10 | €5,500 | - | -€5,500 | |
| Issued capital | 100 | €5,500 | - | -€5,500 | |
| Reserves | 13 | €390,044 | €410,302 | +€20,258 | +5.2% |
| Tax-exempt reserves | 132 | €26,686 | €23,980 | -€2,706 | -10.1% |
| Distributable reserves | 133 | €363,358 | €386,322 | +€22,964 | +6.3% |
| Profit (loss) carried forward | 14 | €386 | €386 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,886 | €7,985 | -€901 | -10.1% |
| Deferred taxes | 168 | €8,886 | €7,985 | -€901 | -10.1% |
| Amounts payable | 17/49 | €117,630 | €117,614 | -€17 | 0.0% |
| Amounts payable within one year | 42/48 | €117,630 | €117,614 | -€17 | 0.0% |
| Financial debts | 43 | - | €0 | +€0 | |
| Credit institutions | 430/8 | - | €0 | +€0 | |
| Trade debts | 44 | €20,164 | €22,178 | +€2,014 | +10.0% |
| Suppliers | 440/4 | €20,164 | €22,178 | +€2,014 | +10.0% |
| Taxes, remuneration and social security | 45 | €12,570 | €9,796 | -€2,774 | -22.1% |
| Taxes | 450/3 | €12,570 | €9,796 | -€2,774 | -22.1% |
| Other amounts payable | 47/48 | €84,896 | €85,639 | +€743 | +0.9% |
| Non-recurring operating income | 76A | €363 | - | -€363 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,503 | €10,335 | -€4,168 | -28.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €554 | +€554 | |
| Other operating charges | 640/8 | - | €1,691 | +€1,691 | |
| Gross operating margin | 9900 | €93,194 | €47,620 | -€45,573 | -48.9% |
| Operating profit (loss) | 9901 | €78,691 | €35,040 | -€43,650 | -55.5% |
| Financial income | 75/76B | €2,431 | €2,241 | -€189 | -7.8% |
| Recurring financial income | 75 | €2,431 | €2,241 | -€189 | -7.8% |
| Financial charges | 65/66B | €6,293 | €6,591 | +€298 | +4.7% |
| Recurring financial charges | 65 | €6,293 | €6,591 | +€298 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €74,829 | €30,690 | -€44,138 | -59.0% |
| Transfer from deferred taxes | 780 | €901 | €901 | = | 0.0% |
| Income taxes | 67/77 | €25,549 | €11,333 | -€14,216 | -55.6% |
| Profit (loss) for the period | 9904 | €50,181 | €20,258 | -€29,923 | -59.6% |
| Transfer from tax-exempt reserves | 789 | €2,706 | €2,706 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,887 | €22,964 | -€29,923 | -56.6% |
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 4 October 2026 via checked.be.