PROFAS: what changed
Two fiscal 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.
PROFAS
Largest movements
- Receivables within one year -€28,462
down €28,462 (-79.8%), from €35,651 to €7,190
of which Trade receivables: -€17,277
- Tangible fixed assets +€16,351
up €16,351 (+221.6%), from €7,380 to €23,732
of which Furniture and vehicles: +€17,485
- Cash +€9,336
up €9,336 (+10.0%), from €93,010 to €102,346
mainly Net result for the year (+€42,028) and Receivables within one year (+€28,462)
- Receivables after one year +€1,498
new in 2025: €1,498
- Trade debts -€48,727
down €48,727 (-67.8%), from €71,818 to €23,090
- Reserves +€45,000
up €45,000 (+150.0%), from €30,000 to €75,000
- Advances received +€8,235
new in 2025: €8,235
- Profit (loss) carried forward -€3,117
down €3,117 (-55.5%), from €5,614 to €2,497
- Other debts -€1,716
down €1,716 (-9.5%), from €18,042 to €16,326
- Gross operating margin +€29,071
up €29,071 (+84.7%), from €34,322 to €63,393
- Taxes +€4,835
up €4,835 (+56.3%), from €8,582 to €13,417
- Depreciation +€4,030
up €4,030 (+188.6%), from €2,137 to €6,166
- Other operating charges -€1,733
down €1,733 (-50.8%), from €3,413 to €1,680
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 | €136,041 | €134,765 | -€1,276 | -0.9% |
| Fixed assets | 21/28 | €7,380 | €23,732 | +€16,351 | +221.6% |
| Tangible fixed assets | 22/27 | €7,380 | €23,732 | +€16,351 | +221.6% |
| Plant, machinery and equipment | 23 | €3,426 | €2,292 | -€1,134 | -33.1% |
| Furniture and vehicles | 24 | €3,954 | €21,439 | +€17,485 | +442.2% |
| Current assets | 29/58 | €128,661 | €111,033 | -€17,628 | -13.7% |
| Amounts receivable after more than one year | 29 | - | €1,498 | +€1,498 | |
| Other amounts receivable | 291 | - | €1,498 | +€1,498 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €35,651 | €7,190 | -€28,462 | -79.8% |
| Trade receivables | 40 | €23,230 | €5,953 | -€17,277 | -74.4% |
| Other amounts receivable | 41 | €12,421 | €1,237 | -€11,184 | -90.0% |
| Cash at bank and in hand | 54/58 | €93,010 | €102,346 | +€9,336 | +10.0% |
| Total equity and liabilities | 10/49 | €136,041 | €134,765 | -€1,276 | -0.9% |
| Equity | 10/15 | €41,814 | €83,697 | +€41,883 | +100.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,000 | €75,000 | +€45,000 | +150.0% |
| Distributable reserves | 133 | €30,000 | €75,000 | +€45,000 | +150.0% |
| Profit (loss) carried forward | 14 | €5,614 | €2,497 | -€3,117 | -55.5% |
| Amounts payable | 17/49 | €94,228 | €51,068 | -€43,159 | -45.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,228 | €51,068 | -€43,159 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €1,022 | €0 | -€1,022 | -100.0% |
| Trade debts | 44 | €71,818 | €23,090 | -€48,727 | -67.8% |
| Suppliers | 440/4 | €71,818 | €23,090 | -€48,727 | -67.8% |
| Advances received on contracts in progress | 46 | - | €8,235 | +€8,235 | |
| Taxes, remuneration and social security | 45 | €3,346 | €3,417 | +€71 | +2.1% |
| Taxes | 450/3 | €0 | €3,417 | +€3,417 | |
| Remuneration and social security | 454/9 | €3,346 | €0 | -€3,346 | -100.0% |
| Other amounts payable | 47/48 | €18,042 | €16,326 | -€1,716 | -9.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,137 | €6,166 | +€4,030 | +188.6% |
| Other operating charges | 640/8 | €3,413 | €1,680 | -€1,733 | -50.8% |
| Gross operating margin | 9900 | €34,322 | €63,393 | +€29,071 | +84.7% |
| Operating profit (loss) | 9901 | €28,772 | €55,546 | +€26,774 | +93.1% |
| Financial income | 75/76B | €135 | €28 | -€106 | -79.0% |
| Recurring financial income | 75 | €135 | €28 | -€106 | -79.0% |
| Financial charges | 65/66B | €455 | €129 | -€326 | -71.6% |
| Recurring financial charges | 65 | €455 | €129 | -€326 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €28,451 | €55,445 | +€26,994 | +94.9% |
| Income taxes | 67/77 | €8,582 | €13,417 | +€4,835 | +56.3% |
| Profit (loss) for the period | 9904 | €19,869 | €42,028 | +€22,159 | +111.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,869 | €42,028 | +€22,159 | +111.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.