ProxyLink: 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.
What changed
ProxyLink
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€41,723
2024 · €13,235-€54,958
Equity
€753,953
2024 · €795,676-€41,723
Cash
€195,458
2024 · €196,211-€753
Balance sheet total
€1.3m
2024 · €1.3m+€6,055
Largest movements
Assets
- Stocks and contracts +€24,082
up €24,082 (+14.1%), from €170,900 to €194,982
- Tangible fixed assets -€13,375
down €13,375 (-24.7%), from €54,074 to €40,699
of which Furniture and vehicles: -€14,648
Equity and liabilities
- Trade debts +€53,375
up €53,375 (+17.4%), from €306,122 to €359,498
- Profit (loss) carried forward -€41,723
down €41,723 (-5.8%), from €714,198 to €672,475
Income statement
- Gross operating margin -€81,036
down €81,036 (-23.1%), from €350,091 to €269,054
- Financial income +€19,524
up €19,524 (+8326.1%), from €234 to €19,758
- Taxes -€8,712
no longer reported in 2025 (was €8,712)
- Write-downs -€7,291
no longer reported in 2025 (was €7,291)
- Staff costs +€5,052
up €5,052 (+1.7%), from €294,964 to €300,016
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
€13,235
Gross operating margin
-€81,036
Staff costs
-€5,052
Depreciation
-€3,710
Write-downs
+€7,291
Other operating charges
+€344
Other operating items
-€1,242
Financial income
+€19,524
Financial charges
+€212
Taxes
+€8,712
Result 2025
-€41,723
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
+€4,948
Investment
-€2,376
Financing
-€3,324
Cash 2024
€196,211
From operations (derived)
+€4,948
Net result for the year
-€41,723
Depreciation
+€16,023
Stocks and contracts
-€24,082
Receivables within one year
+€1,246
Deferred charges and accrued income
+€2,382
Trade debts
+€53,375
Tax, wage and social debts
-€4,044
Advances received
+€1,158
Other debts
+€612
Investment (derived)
-€2,376
Investment in fixed assets (net)
-€2,376
Financing
-€3,324
Current portion of long-term debt
-€3,324
Cash 2025
€195,458
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,259,742 | €1,265,797 | +€6,055 | +0.5% |
| Formation expenses | 20 | €272 | - | -€272 | |
| Fixed assets | 21/28 | €54,074 | €40,699 | -€13,375 | -24.7% |
| Tangible fixed assets | 22/27 | €54,074 | €40,699 | -€13,375 | -24.7% |
| Furniture and vehicles | 24 | €51,461 | €36,813 | -€14,648 | -28.5% |
| Other tangible fixed assets | 26 | €2,613 | €3,886 | +€1,273 | +48.7% |
| Current assets | 29/58 | €1,205,395 | €1,225,097 | +€19,702 | +1.6% |
| Amounts receivable after more than one year | 29 | €490,000 | €490,000 | = | 0.0% |
| Other amounts receivable | 291 | €490,000 | €490,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €170,900 | €194,982 | +€24,082 | +14.1% |
| Stocks | 30/36 | €170,900 | €194,982 | +€24,082 | +14.1% |
| Amounts receivable within one year | 40/41 | €341,730 | €340,485 | -€1,246 | -0.4% |
| Trade receivables | 40 | €21,772 | €920 | -€20,852 | -95.8% |
| Other amounts receivable | 41 | €319,958 | €339,565 | +€19,606 | +6.1% |
| Current investments | 50/53 | €600 | €600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €196,211 | €195,458 | -€753 | -0.4% |
| Deferred charges and accrued income | 490/1 | €5,954 | €3,573 | -€2,382 | -40.0% |
| Total equity and liabilities | 10/49 | €1,259,742 | €1,265,797 | +€6,055 | +0.5% |
| Equity | 10/15 | €795,676 | €753,953 | -€41,723 | -5.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €31,477 | €31,477 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €12,727 | €12,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | €714,198 | €672,475 | -€41,723 | -5.8% |
| Provisions and deferred taxes | 16 | €63,000 | €63,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €63,000 | €63,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €63,000 | €63,000 | = | 0.0% |
| Amounts payable | 17/49 | €401,066 | €448,844 | +€47,778 | +11.9% |
| Amounts payable within one year | 42/48 | €401,066 | €448,844 | +€47,778 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €16,134 | €12,810 | -€3,324 | -20.6% |
| Trade debts | 44 | €306,122 | €359,498 | +€53,375 | +17.4% |
| Suppliers | 440/4 | €306,122 | €359,498 | +€53,375 | +17.4% |
| Advances received on contracts in progress | 46 | €3,591 | €4,749 | +€1,158 | +32.3% |
| Taxes, remuneration and social security | 45 | €60,219 | €56,175 | -€4,044 | -6.7% |
| Taxes | 450/3 | €15,432 | €4,057 | -€11,374 | -73.7% |
| Remuneration and social security | 454/9 | €44,787 | €52,118 | +€7,330 | +16.4% |
| Other amounts payable | 47/48 | €15,000 | €15,612 | +€612 | +4.1% |
| Non-recurring operating income | 76A | €4,565 | €1,204 | -€3,362 | -73.6% |
| Remuneration, social security and pensions | 62 | €294,964 | €300,016 | +€5,052 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,314 | €16,023 | +€3,710 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,291 | - | -€7,291 | |
| Other operating charges | 640/8 | €3,951 | €3,607 | -€344 | -8.7% |
| Non-recurring operating charges | 66A | - | €1,242 | +€1,242 | |
| Gross operating margin | 9900 | €350,091 | €269,054 | -€81,036 | -23.1% |
| Operating profit (loss) | 9901 | €31,572 | -€51,834 | -€83,406 | |
| Financial income | 75/76B | €234 | €19,758 | +€19,524 | +8326.1% |
| Recurring financial income | 75 | €234 | €19,758 | +€19,524 | +8326.1% |
| Financial charges | 65/66B | €9,859 | €9,648 | -€212 | -2.1% |
| Recurring financial charges | 65 | €9,859 | €9,648 | -€212 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €21,947 | -€41,723 | -€63,670 | |
| Income taxes | 67/77 | €8,712 | - | -€8,712 | |
| Profit (loss) for the period | 9904 | €13,235 | -€41,723 | -€54,958 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,235 | -€41,723 | -€54,958 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.