PROFECT: 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.
PROFECT
Largest movements
- Cash +€22,965
up €22,965 (+10.1%), from €226,613 to €249,579
mainly Net result for the year (+€44,197) and Receivables within one year (+€14,482)
- Receivables within one year -€14,482
down €14,482 (-42.3%), from €34,258 to €19,776
of which Trade receivables: -€30,250
- Other debts +€11,297
up €11,297 (+32.1%), from €35,152 to €46,449
- Reserves -€4,697
down €4,697 (-2.1%), from €222,229 to €217,532
- Gross operating margin +€30,648
up €30,648 (+73.0%), from €42,009 to €72,657
- Taxes +€11,530
up €11,530 (+115.4%), from €9,992 to €21,522
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 | €270,229 | €278,148 | +€7,919 | +2.9% |
| Fixed assets | 21/28 | €9,188 | €8,623 | -€565 | -6.1% |
| Tangible fixed assets | 22/27 | €9,188 | €8,623 | -€565 | -6.1% |
| Land and buildings | 22 | €4,972 | €3,819 | -€1,153 | -23.2% |
| Plant, machinery and equipment | 23 | €1,790 | €2,450 | +€659 | +36.8% |
| Furniture and vehicles | 24 | €2,426 | €2,355 | -€71 | -2.9% |
| Current assets | 29/58 | €261,042 | €269,525 | +€8,483 | +3.2% |
| Amounts receivable within one year | 40/41 | €34,258 | €19,776 | -€14,482 | -42.3% |
| Trade receivables | 40 | €30,250 | - | -€30,250 | |
| Other amounts receivable | 41 | €4,008 | €19,776 | +€15,768 | +393.4% |
| Cash at bank and in hand | 54/58 | €226,613 | €249,579 | +€22,965 | +10.1% |
| Deferred charges and accrued income | 490/1 | €170 | €170 | = | 0.0% |
| Total equity and liabilities | 10/49 | €270,229 | €278,148 | +€7,919 | +2.9% |
| Equity | 10/15 | €228,429 | €223,732 | -€4,697 | -2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €222,229 | €217,532 | -€4,697 | -2.1% |
| Distributable reserves | 133 | €222,229 | €217,532 | -€4,697 | -2.1% |
| Amounts payable | 17/49 | €41,801 | €54,416 | +€12,615 | +30.2% |
| Amounts payable within one year | 42/48 | €41,801 | €54,416 | +€12,615 | +30.2% |
| Trade debts | 44 | €289 | - | -€289 | |
| Suppliers | 440/4 | €289 | - | -€289 | |
| Taxes, remuneration and social security | 45 | €6,359 | €7,967 | +€1,608 | +25.3% |
| Taxes | 450/3 | €6,359 | €7,967 | +€1,608 | +25.3% |
| Other amounts payable | 47/48 | €35,152 | €46,449 | +€11,297 | +32.1% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,684 | €6,683 | -€1 | 0.0% |
| Other operating charges | 640/8 | €118 | €179 | +€61 | +51.7% |
| Gross operating margin | 9900 | €42,009 | €72,657 | +€30,648 | +73.0% |
| Operating profit (loss) | 9901 | €35,207 | €65,795 | +€30,588 | +86.9% |
| Financial charges | 65/66B | €40 | €76 | +€36 | +90.7% |
| Recurring financial charges | 65 | €40 | €76 | +€36 | +90.7% |
| Profit (loss) for the period before taxes | 9903 | €35,168 | €65,719 | +€30,552 | +86.9% |
| Income taxes | 67/77 | €9,992 | €21,522 | +€11,530 | +115.4% |
| Profit (loss) for the period | 9904 | €25,176 | €44,197 | +€19,021 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,176 | €44,197 | +€19,021 | +75.6% |
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 11 October 2026 via checked.be.