Profam: 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.
Profam
Largest movements
- Cash -€102,493
down €102,493 (-74.1%), from €138,249 to €35,756
mainly Investment in fixed assets (net) (-€102,119) and Current investments (-€37,793)
- Current investments +€37,793
up €37,793 (+12.1%), from €312,207 to €350,000
- Tangible fixed assets +€36,505
up €36,505 (+5.2%), from €708,168 to €744,673
of which Land and buildings: +€36,854
- Receivables within one year +€16,567
up €16,567 (+211.5%), from €7,834 to €24,401
of which Trade receivables: +€15,864
- Trade debts -€16,017
down €16,017 (-56.9%), from €28,131 to €12,114
- Gross operating margin +€23,386
up €23,386 (+38.1%), from €61,351 to €84,737
- Depreciation +€16,770
up €16,770 (+34.3%), from €48,844 to €65,614
- Financial income +€3,802
up €3,802 (+81.2%), from €4,681 to €8,483
- Taxes +€1,591
up €1,591 (+113.3%), from €1,404 to €2,994
- Other operating charges +€1,123
up €1,123 (+7.8%), from €14,461 to €15,583
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 | €1,166,459 | €1,154,831 | -€11,628 | -1.0% |
| Fixed assets | 21/28 | €708,168 | €744,673 | +€36,505 | +5.2% |
| Tangible fixed assets | 22/27 | €708,168 | €744,673 | +€36,505 | +5.2% |
| Land and buildings | 22 | €707,470 | €744,324 | +€36,854 | +5.2% |
| Plant, machinery and equipment | 23 | €698 | €349 | -€349 | -50.0% |
| Current assets | 29/58 | €458,291 | €410,158 | -€48,133 | -10.5% |
| Amounts receivable within one year | 40/41 | €7,834 | €24,401 | +€16,567 | +211.5% |
| Trade receivables | 40 | €7,834 | €23,698 | +€15,864 | +202.5% |
| Other amounts receivable | 41 | - | €703 | +€703 | |
| Current investments | 50/53 | €312,207 | €350,000 | +€37,793 | +12.1% |
| Cash at bank and in hand | 54/58 | €138,249 | €35,756 | -€102,493 | -74.1% |
| Total equity and liabilities | 10/49 | €1,166,459 | €1,154,831 | -€11,628 | -1.0% |
| Equity | 10/15 | €1,133,284 | €1,142,267 | +€8,983 | +0.8% |
| Contributions | 10/11 | €433,144 | €433,144 | = | 0.0% |
| Reserves | 13 | €700,140 | €709,123 | +€8,983 | +1.3% |
| Distributable reserves | 133 | €700,140 | €709,123 | +€8,983 | +1.3% |
| Amounts payable | 17/49 | €33,175 | €12,564 | -€20,611 | -62.1% |
| Amounts payable within one year | 42/48 | €33,175 | €12,564 | -€20,611 | -62.1% |
| Trade debts | 44 | €28,131 | €12,114 | -€16,017 | -56.9% |
| Suppliers | 440/4 | €28,131 | €12,114 | -€16,017 | -56.9% |
| Taxes, remuneration and social security | 45 | - | €450 | +€450 | |
| Taxes | 450/3 | - | €450 | +€450 | |
| Other amounts payable | 47/48 | €5,043 | - | -€5,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,844 | €65,614 | +€16,770 | +34.3% |
| Other operating charges | 640/8 | €14,461 | €15,583 | +€1,123 | +7.8% |
| Gross operating margin | 9900 | €61,351 | €84,737 | +€23,386 | +38.1% |
| Operating profit (loss) | 9901 | -€1,954 | €3,539 | +€5,493 | |
| Financial income | 75/76B | €4,681 | €8,483 | +€3,802 | +81.2% |
| Recurring financial income | 75 | €4,681 | €8,483 | +€3,802 | +81.2% |
| Financial charges | 65/66B | €41 | €45 | +€4 | +10.0% |
| Recurring financial charges | 65 | €41 | €45 | +€4 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €2,687 | €11,977 | +€9,290 | +345.8% |
| Income taxes | 67/77 | €1,404 | €2,994 | +€1,591 | +113.3% |
| Profit (loss) for the period | 9904 | €1,283 | €8,983 | +€7,700 | +600.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,283 | €8,983 | +€7,700 | +600.0% |
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 10 October 2026 via checked.be.