PROFA: 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.
PROFA
Largest movements
- Cash +€254,536
up €254,536 (+440.3%), from €57,805 to €312,341
mainly Receivables within one year (+€166,057) and Net result for the year (+€161,943)
- Receivables within one year -€166,057
down €166,057 (-80.3%), from €206,828 to €40,772
of which Trade receivables: -€165,420
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Other debts +€59,069
up €59,069 (+54.3%), from €108,729 to €167,798
- Tax, wage and social debts -€22,261
down €22,261 (-47.3%), from €47,057 to €24,797
- Gross operating margin -€458,870
down €458,870 (-68.1%), from €673,693 to €214,823
- Taxes +€17,627
up €17,627 (+54.7%), from €32,199 to €49,826
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 | €325,368 | €359,045 | +€33,676 | +10.4% |
| Fixed assets | 21/28 | €7,171 | €5,771 | -€1,400 | -19.5% |
| Tangible fixed assets | 22/27 | €7,171 | €5,771 | -€1,400 | -19.5% |
| Plant, machinery and equipment | 23 | €5,783 | €4,372 | -€1,411 | -24.4% |
| Furniture and vehicles | 24 | €1,388 | €1,399 | +€11 | +0.8% |
| Current assets | 29/58 | €318,197 | €353,274 | +€35,077 | +11.0% |
| Amounts receivable within one year | 40/41 | €206,828 | €40,772 | -€166,057 | -80.3% |
| Trade receivables | 40 | €205,700 | €40,280 | -€165,420 | -80.4% |
| Other amounts receivable | 41 | €1,128 | €491 | -€637 | -56.5% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €57,805 | €312,341 | +€254,536 | +440.3% |
| Deferred charges and accrued income | 490/1 | €3,564 | €161 | -€3,403 | -95.5% |
| Total equity and liabilities | 10/49 | €325,368 | €359,045 | +€33,676 | +10.4% |
| Equity | 10/15 | €168,230 | €166,450 | -€1,780 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,630 | €147,850 | -€1,780 | -1.2% |
| Distributable reserves | 133 | €149,630 | €147,850 | -€1,780 | -1.2% |
| Amounts payable | 17/49 | €157,139 | €192,595 | +€35,456 | +22.6% |
| Amounts payable within one year | 42/48 | €157,139 | €192,595 | +€35,456 | +22.6% |
| Trade debts | 44 | €1,353 | - | -€1,353 | |
| Suppliers | 440/4 | €1,353 | - | -€1,353 | |
| Taxes, remuneration and social security | 45 | €47,057 | €24,797 | -€22,261 | -47.3% |
| Taxes | 450/3 | €47,057 | €24,797 | -€22,261 | -47.3% |
| Other amounts payable | 47/48 | €108,729 | €167,798 | +€59,069 | +54.3% |
| Non-recurring operating income | 76A | €414,375 | €5,791 | -€408,584 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,431 | €2,122 | +€691 | +48.3% |
| Other operating charges | 640/8 | €3,300 | €462 | -€2,839 | -86.0% |
| Non-recurring operating charges | 66A | €532,000 | - | -€532,000 | |
| Gross operating margin | 9900 | €673,693 | €214,823 | -€458,870 | -68.1% |
| Operating profit (loss) | 9901 | €136,962 | €212,239 | +€75,278 | +55.0% |
| Financial income | 75/76B | - | €238 | +€238 | |
| Recurring financial income | 75 | - | €238 | +€238 | |
| Financial charges | 65/66B | €865 | €709 | -€156 | -18.1% |
| Recurring financial charges | 65 | €865 | €709 | -€156 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €136,097 | €211,768 | +€75,672 | +55.6% |
| Income taxes | 67/77 | €32,199 | €49,826 | +€17,627 | +54.7% |
| Profit (loss) for the period | 9904 | €103,898 | €161,943 | +€58,045 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €103,898 | €161,943 | +€58,045 | +55.9% |
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 12 October 2026 via checked.be.