PROF PRAXIS: 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
PROF PRAXIS
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.5m
2024 · €3.4m-€911,942
Equity
€25.2m
2024 · €23.0m+€2.2m
Cash
€6.6m
2024 · €6.8m-€151,824
Balance sheet total
€28.9m
2024 · €27.1m+€1.8m
Largest movements
Assets
- Stocks and contracts +€3.1m
up €3.1m (+41.4%), from €7.4m to €10.5m
- Receivables within one year -€2.1m
down €2.1m (-29.0%), from €7.4m to €5.2m
of which Trade receivables: -€1.1m
- Tangible fixed assets +€2.0m
up €2.0m (+121%), from €1.6m to €3.6m
- Current investments -€1.0m
down €1.0m (-27.8%), from €3.7m to €2.7m
Equity and liabilities
- Profit (loss) carried forward +€2.2m
up €2.2m (+9.8%), from €22.6m to €24.8m
Income statement
- Turnover +€1.0m
up €1.0m (+2.6%), from €40.4m to €41.5m
- Services and other goods +€814,866
up €814,866 (+8.7%), from €9.4m to €10.2m
- Goods and materials +€493,500
up €493,500 (+2.1%), from €23.4m to €23.9m
of which Purchases: +€2.2m
- Staff costs +€451,265
up €451,265 (+17.0%), from €2.7m to €3.1m
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
€3.4m
Turnover
+€1.0m
Other operating income
+€103,992
Goods and materials
-€493,500
Services and other goods
-€814,866
Staff costs
-€451,265
Depreciation
-€247,140
Write-downs
+€64,543
Other operating charges
-€6,628
Other operating items
-€3,358
Financial income
-€174,385
Financial charges
-€233,414
Taxes
+€299,570
Result 2025
€2.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.8m
Investment
-€1.6m
Financing
-€361,439
Cash 2024
€6.8m
From operations (derived)
+€1.8m
Net result for the year
+€2.5m
Depreciation
+€612,326
Stocks and contracts
-€3.1m
Receivables within one year
+€2.1m
Deferred charges and accrued income
-€32,872
Trade debts
-€260,914
Tax, wage and social debts
+€76,596
Other debts
-€153,560
Accrued charges and deferred income
+€166
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€2.6m
Current investments
+€1.0m
Financing
-€361,439
Debts after one year
-€126,643
Current portion of long-term debt
+€1,424
Contributions, distributions and other
-€236,220
Cash 2025
€6.6m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,091,664 | €28,852,321 | +€1.8m | +6.5% |
| Fixed assets | 21/28 | €1,620,362 | €3,600,491 | +€2.0m | +122% |
| Intangible fixed assets | 21 | €7,863 | €30,694 | +€22,831 | +290% |
| Tangible fixed assets | 22/27 | €1,611,240 | €3,568,838 | +€2.0m | +121% |
| Plant, machinery and equipment | 23 | €581,066 | €1,493,999 | +€912,933 | +157% |
| Furniture and vehicles | 24 | €482,366 | €1,013,983 | +€531,617 | +110% |
| Leasing and similar rights | 25 | €330,026 | €230,668 | -€99,358 | -30.1% |
| Other tangible fixed assets | 26 | €217,782 | €830,187 | +€612,405 | +281% |
| Financial fixed assets | 28 | €1,259 | €959 | -€300 | -23.8% |
| Other financial fixed assets | 284/8 | €1,259 | €959 | -€300 | -23.8% |
| Amounts receivable and cash guarantees | 285/8 | €1,259 | €959 | -€300 | -23.8% |
| Current assets | 29/58 | €25,471,302 | €25,251,831 | -€219,471 | -0.9% |
| Stocks and contracts in progress | 3 | €7,442,792 | €10,526,323 | +€3.1m | +41.4% |
| Stocks | 30/36 | €7,442,792 | €10,526,323 | +€3.1m | +41.4% |
| Raw materials and consumables | 30/31 | €7,442,792 | €10,498,447 | +€3.1m | +41.1% |
| Goods purchased for resale | 34 | - | €27,875 | +€27,875 | |
| Amounts receivable within one year | 40/41 | €7,380,255 | €5,237,917 | -€2.1m | -29.0% |
| Trade receivables | 40 | €3,404,276 | €2,266,810 | -€1.1m | -33.4% |
| Other amounts receivable | 41 | €3,975,980 | €2,971,107 | -€1.0m | -25.3% |
| Current investments | 50/53 | €3,743,394 | €2,701,684 | -€1.0m | -27.8% |
| Other investments | 51/53 | €3,743,394 | €2,701,684 | -€1.0m | -27.8% |
| Cash at bank and in hand | 54/58 | €6,772,015 | €6,620,191 | -€151,824 | -2.2% |
| Deferred charges and accrued income | 490/1 | €132,845 | €165,717 | +€32,872 | +24.7% |
| Total equity and liabilities | 10/49 | €27,091,664 | €28,852,321 | +€1.8m | +6.5% |
| Equity | 10/15 | €23,024,932 | €25,248,522 | +€2.2m | +9.7% |
| Contributions | 10/11 | €47,720 | €61,500 | +€13,780 | +28.9% |
| Capital | 10 | €47,720 | €61,500 | +€13,780 | +28.9% |
| Issued capital | 100 | €47,720 | €61,500 | +€13,780 | +28.9% |
| Reserves | 13 | €351,846 | €353,224 | +€1,378 | +0.4% |
| Non-distributable reserves | 130/1 | €4,772 | €6,150 | +€1,378 | +28.9% |
| Legal reserve | 130 | €4,772 | €6,150 | +€1,378 | +28.9% |
| Tax-exempt reserves | 132 | €347,074 | €347,074 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,625,366 | €24,833,798 | +€2.2m | +9.8% |
| Provisions and deferred taxes | 16 | €228 | €228 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €228 | €228 | = | 0.0% |
| Other liabilities and charges | 164/5 | €228 | €228 | = | 0.0% |
| Amounts payable | 17/49 | €4,066,503 | €3,603,571 | -€462,932 | -11.4% |
| Amounts payable after more than one year | 17 | €1,216,048 | €1,089,405 | -€126,643 | -10.4% |
| Financial debts | 170/4 | €1,216,048 | €1,089,405 | -€126,643 | -10.4% |
| Subordinated loans | 170 | €1,050,000 | €1,050,000 | = | 0.0% |
| Leasing and similar obligations | 172 | €166,048 | €39,405 | -€126,643 | -76.3% |
| Amounts payable within one year | 42/48 | €2,850,392 | €2,513,937 | -€336,455 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €124,396 | €125,819 | +€1,424 | +1.1% |
| Trade debts | 44 | €1,831,904 | €1,570,989 | -€260,914 | -14.2% |
| Suppliers | 440/4 | €1,831,904 | €1,570,989 | -€260,914 | -14.2% |
| Taxes, remuneration and social security | 45 | €605,785 | €682,380 | +€76,596 | +12.6% |
| Taxes | 450/3 | €361,444 | €384,508 | +€23,064 | +6.4% |
| Remuneration and social security | 454/9 | €244,341 | €297,872 | +€53,531 | +21.9% |
| Other amounts payable | 47/48 | €288,308 | €134,748 | -€153,560 | -53.3% |
| Accrued charges and deferred income | 492/3 | €63 | €229 | +€166 | +264% |
| Operating income | 70/76A | €40,530,558 | €41,679,059 | +€1.1m | +2.8% |
| Turnover | 70 | €40,435,570 | €41,480,078 | +€1.0m | +2.6% |
| Other operating income | 74 | €94,988 | €198,981 | +€103,992 | +109% |
| Operating charges | 60/66A | €35,876,826 | €37,829,040 | +€2.0m | +5.4% |
| Goods for resale, raw materials and consumables | 60 | €23,374,431 | €23,867,931 | +€493,500 | +2.1% |
| Purchases | 600/8 | €24,749,262 | €26,951,462 | +€2.2m | +8.9% |
| Change in stocks: decrease (increase) | 609 | -€1,374,831 | -€3,083,531 | -€1.7m | -124% |
| Services and other goods | 61 | €9,359,249 | €10,174,115 | +€814,866 | +8.7% |
| Remuneration, social security and pensions | 62 | €2,658,154 | €3,109,419 | +€451,265 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365,186 | €612,326 | +€247,140 | +67.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,816 | -€33,727 | -€64,543 | |
| Other operating charges | 640/8 | €88,990 | €95,619 | +€6,628 | +7.4% |
| Non-recurring operating charges | 66A | - | €3,358 | +€3,358 | |
| Operating profit (loss) | 9901 | €4,653,732 | €3,850,019 | -€803,713 | -17.3% |
| Financial income | 75/76B | €707,322 | €532,938 | -€174,385 | -24.7% |
| Recurring financial income | 75 | €707,322 | €532,938 | -€174,385 | -24.7% |
| Income from current assets | 751 | €165,905 | €70,870 | -€95,034 | -57.3% |
| Other financial income | 752/9 | €541,418 | €462,067 | -€79,351 | -14.7% |
| Financial charges | 65/66B | €848,788 | €1,082,202 | +€233,414 | +27.5% |
| Recurring financial charges | 65 | €848,788 | €1,082,202 | +€233,414 | +27.5% |
| Debt charges | 650 | €100,063 | €84,659 | -€15,404 | -15.4% |
| Other financial charges | 652/9 | €748,725 | €997,544 | +€248,818 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €4,512,266 | €3,300,754 | -€1.2m | -26.8% |
| Income taxes | 67/77 | €1,140,514 | €840,944 | -€299,570 | -26.3% |
| Taxes | 670/3 | €1,140,514 | €840,944 | -€299,570 | -26.3% |
| Profit (loss) for the period | 9904 | €3,371,752 | €2,459,810 | -€911,942 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,371,752 | €2,459,810 | -€911,942 | -27.0% |
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 16 October 2026 via checked.be.