ProyElek: 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.
ProyElek
Largest movements
- Receivables within one year +€58,221
up €58,221 (+271.6%), from €21,440 to €79,661
of which Trade receivables: +€64,495
- Cash -€24,120
down €24,120 (-22.8%), from €106,014 to €81,894
mainly Contributions, distributions and other (-€181,354) and Debts after one year (-€86,929)
- Deferred charges and accrued income +€16,733
up €16,733 (+25.8%), from €64,942 to €81,675
- Other debts +€129,575
up €129,575 (+44.8%), from €289,385 to €418,960
- Debts after one year -€86,929
down €86,929 (-20.4%), from €426,807 to €339,879
- Gross operating margin +€32,650
up €32,650 (+14.0%), from €232,869 to €265,518
- Financial income -€25,023
no longer reported in 2025 (was €25,023)
- Financial charges -€11,731
down €11,731 (-54.2%), from €21,656 to €9,925
- Taxes +€9,943
up €9,943 (+19.1%), from €51,933 to €61,876
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 | €1,108,097 | €1,148,763 | +€40,666 | +3.7% |
| Fixed assets | 21/28 | €915,701 | €905,533 | -€10,168 | -1.1% |
| Tangible fixed assets | 22/27 | €300,701 | €290,533 | -€10,168 | -3.4% |
| Land and buildings | 22 | €296,997 | €287,434 | -€9,564 | -3.2% |
| Plant, machinery and equipment | 23 | €632 | €312 | -€320 | -50.6% |
| Furniture and vehicles | 24 | €3,071 | €2,787 | -€284 | -9.2% |
| Financial fixed assets | 28 | €615,000 | €615,000 | = | 0.0% |
| Current assets | 29/58 | €192,396 | €243,230 | +€50,833 | +26.4% |
| Amounts receivable within one year | 40/41 | €21,440 | €79,661 | +€58,221 | +271.6% |
| Trade receivables | 40 | €15,125 | €79,620 | +€64,495 | +426.4% |
| Other amounts receivable | 41 | €6,315 | €40 | -€6,274 | -99.4% |
| Cash at bank and in hand | 54/58 | €106,014 | €81,894 | -€24,120 | -22.8% |
| Deferred charges and accrued income | 490/1 | €64,942 | €81,675 | +€16,733 | +25.8% |
| Total equity and liabilities | 10/49 | €1,108,097 | €1,148,763 | +€40,666 | +3.7% |
| Equity | 10/15 | €264,008 | €264,008 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €245,408 | €245,408 | = | 0.0% |
| Distributable reserves | 133 | €245,408 | €245,408 | = | 0.0% |
| Amounts payable | 17/49 | €844,089 | €884,754 | +€40,666 | +4.8% |
| Amounts payable after more than one year | 17 | €426,807 | €339,879 | -€86,929 | -20.4% |
| Financial debts | 170/4 | €426,807 | €339,879 | -€86,929 | -20.4% |
| Amounts payable within one year | 42/48 | €407,476 | €544,876 | +€137,400 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €84,982 | €86,929 | +€1,947 | +2.3% |
| Trade debts | 44 | €363 | €121 | -€242 | -66.7% |
| Suppliers | 440/4 | €363 | €121 | -€242 | -66.7% |
| Taxes, remuneration and social security | 45 | €32,746 | €38,867 | +€6,120 | +18.7% |
| Taxes | 450/3 | €32,746 | €38,867 | +€6,120 | +18.7% |
| Other amounts payable | 47/48 | €289,385 | €418,960 | +€129,575 | +44.8% |
| Accrued charges and deferred income | 492/3 | €9,805 | - | -€9,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,130 | €11,064 | -€67 | -0.6% |
| Other operating charges | 640/8 | €881 | €1,300 | +€419 | +47.6% |
| Gross operating margin | 9900 | €232,869 | €265,518 | +€32,650 | +14.0% |
| Operating profit (loss) | 9901 | €220,857 | €253,155 | +€32,297 | +14.6% |
| Financial income | 75/76B | €25,023 | - | -€25,023 | |
| Recurring financial income | 75 | €25,023 | - | -€25,023 | |
| Financial charges | 65/66B | €21,656 | €9,925 | -€11,731 | -54.2% |
| Recurring financial charges | 65 | €21,656 | €9,925 | -€11,731 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €224,224 | €243,230 | +€19,006 | +8.5% |
| Income taxes | 67/77 | €51,933 | €61,876 | +€9,943 | +19.1% |
| Profit (loss) for the period | 9904 | €172,291 | €181,354 | +€9,063 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €172,291 | €181,354 | +€9,063 | +5.3% |
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 9 October 2026 via checked.be.