Profectis: 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.
Profectis
Largest movements
- Tangible fixed assets +€24,952
up €24,952 (+12.0%), from €207,951 to €232,903
of which Furniture and vehicles: +€30,844
- Cash +€3,643
up €3,643 (+4.0%), from €90,509 to €94,153
mainly Net result for the year (+€72,828) and Depreciation (+€9,773)
- Reserves +€72,828
up €72,828 (+59.8%), from €121,700 to €194,528
- Debts after one year -€21,650
down €21,650 (-17.8%), from €121,600 to €99,950
of which Financial debts: -€21,650
- Tax, wage and social debts -€20,525
down €20,525 (-53.3%), from €38,523 to €17,998
- Gross operating margin +€10,684
up €10,684 (+10.3%), from €103,671 to €114,355
- Taxes +€6,693
up €6,693 (+38.3%), from €17,452 to €24,145
- Depreciation +€3,600
up €3,600 (+58.3%), from €6,173 to €9,773
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 | €321,223 | €351,971 | +€30,749 | +9.6% |
| Fixed assets | 21/28 | €207,951 | €232,903 | +€24,952 | +12.0% |
| Tangible fixed assets | 22/27 | €207,951 | €232,903 | +€24,952 | +12.0% |
| Land and buildings | 22 | €207,686 | €201,794 | -€5,892 | -2.8% |
| Furniture and vehicles | 24 | €266 | €31,110 | +€30,844 | +11617.4% |
| Current assets | 29/58 | €113,271 | €119,068 | +€5,797 | +5.1% |
| Amounts receivable within one year | 40/41 | €18,998 | €20,836 | +€1,838 | +9.7% |
| Trade receivables | 40 | €18,361 | €20,836 | +€2,475 | +13.5% |
| Other amounts receivable | 41 | €637 | €0 | -€637 | -100.0% |
| Cash at bank and in hand | 54/58 | €90,509 | €94,153 | +€3,643 | +4.0% |
| Deferred charges and accrued income | 490/1 | €3,764 | €4,079 | +€315 | +8.4% |
| Total equity and liabilities | 10/49 | €321,223 | €351,971 | +€30,749 | +9.6% |
| Equity | 10/15 | €126,981 | €199,810 | +€72,828 | +57.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €121,700 | €194,528 | +€72,828 | +59.8% |
| Distributable reserves | 133 | €121,700 | €194,528 | +€72,828 | +59.8% |
| Profit (loss) carried forward | 14 | €281 | €281 | = | 0.0% |
| Amounts payable | 17/49 | €194,241 | €152,162 | -€42,080 | -21.7% |
| Amounts payable after more than one year | 17 | €121,600 | €99,950 | -€21,650 | -17.8% |
| Financial debts | 170/4 | €86,600 | €64,950 | -€21,650 | -25.0% |
| Other amounts payable | 178/9 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,641 | €52,212 | -€20,430 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €21,650 | €21,650 | = | 0.0% |
| Trade debts | 44 | €4,701 | €1,590 | -€3,111 | -66.2% |
| Suppliers | 440/4 | €4,701 | €1,590 | -€3,111 | -66.2% |
| Taxes, remuneration and social security | 45 | €38,523 | €17,998 | -€20,525 | -53.3% |
| Taxes | 450/3 | €38,523 | €17,998 | -€20,525 | -53.3% |
| Other amounts payable | 47/48 | €7,767 | €10,973 | +€3,207 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,173 | €9,773 | +€3,600 | +58.3% |
| Other operating charges | 640/8 | €3,370 | €3,927 | +€557 | +16.5% |
| Gross operating margin | 9900 | €103,671 | €114,355 | +€10,684 | +10.3% |
| Operating profit (loss) | 9901 | €94,129 | €100,655 | +€6,527 | +6.9% |
| Financial income | 75/76B | €330 | €406 | +€77 | +23.3% |
| Recurring financial income | 75 | €330 | €406 | +€77 | +23.3% |
| Financial charges | 65/66B | €4,404 | €4,088 | -€316 | -7.2% |
| Recurring financial charges | 65 | €4,404 | €4,088 | -€316 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €90,054 | €96,973 | +€6,919 | +7.7% |
| Income taxes | 67/77 | €17,452 | €24,145 | +€6,693 | +38.3% |
| Profit (loss) for the period | 9904 | €72,602 | €72,828 | +€227 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,602 | €72,828 | +€227 | +0.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.