PROFECTUS: 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.
PROFECTUS
Largest movements
- Stocks and contracts -€334,032
down €334,032 (-27.6%), from €1.2m to €874,403
- Cash +€312,050
up €312,050 (+439%), from €71,094 to €383,145
mainly Stocks and contracts (+€334,032) and Net result for the year (+€131,904)
- Receivables within one year +€25,000
up €25,000 (+3.3%), from €760,000 to €785,000
- Other debts -€188,874
down €188,874 (-25.3%), from €747,303 to €558,430
- Profit (loss) carried forward +€131,904
up €131,904 (+15.8%), from €833,700 to €965,604
- Trade debts +€74,491
up €74,491 (+29.7%), from €250,705 to €325,195
- Gross operating margin +€68,522
up €68,522 (+55.9%), from €122,649 to €191,171
- Taxes +€20,773
up €20,773 (+64.8%), from €32,059 to €52,831
- Other operating charges +€3,908
up €3,908 (+299%), from €1,306 to €5,213
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.
Derived cash bridge
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 | €2,039,529 | €2,050,047 | +€10,518 | +0.5% |
| Fixed assets | 21/28 | - | €7,500 | +€7,500 | |
| Financial fixed assets | 28 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €2,039,529 | €2,042,547 | +€3,018 | +0.1% |
| Stocks and contracts in progress | 3 | €1,208,435 | €874,403 | -€334,032 | -27.6% |
| Stocks | 30/36 | €1,208,435 | €874,403 | -€334,032 | -27.6% |
| Amounts receivable within one year | 40/41 | €760,000 | €785,000 | +€25,000 | +3.3% |
| Other amounts receivable | 41 | €760,000 | €785,000 | +€25,000 | +3.3% |
| Cash at bank and in hand | 54/58 | €71,094 | €383,145 | +€312,050 | +439% |
| Total equity and liabilities | 10/49 | €2,039,529 | €2,050,047 | +€10,518 | +0.5% |
| Equity | 10/15 | €973,275 | €1,105,178 | +€131,904 | +13.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Uncalled capital | 101 | €88,000 | €88,000 | = | 0.0% |
| Reserves | 13 | €77,574 | €77,574 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €62,574 | €62,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | €833,700 | €965,604 | +€131,904 | +15.8% |
| Amounts payable | 17/49 | €1,066,255 | €944,869 | -€121,386 | -11.4% |
| Amounts payable within one year | 42/48 | €1,066,255 | €944,869 | -€121,386 | -11.4% |
| Trade debts | 44 | €250,705 | €325,195 | +€74,491 | +29.7% |
| Suppliers | 440/4 | €250,705 | €325,195 | +€74,491 | +29.7% |
| Taxes, remuneration and social security | 45 | €68,247 | €61,244 | -€7,003 | -10.3% |
| Taxes | 450/3 | €68,247 | €61,244 | -€7,003 | -10.3% |
| Other amounts payable | 47/48 | €747,303 | €558,430 | -€188,874 | -25.3% |
| Other operating charges | 640/8 | €1,306 | €5,213 | +€3,908 | +299% |
| Gross operating margin | 9900 | €122,649 | €191,171 | +€68,522 | +55.9% |
| Operating profit (loss) | 9901 | €121,343 | €185,958 | +€64,615 | +53.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.6% |
| Financial charges | 65/66B | €1,217 | €1,223 | +€5 | +0.4% |
| Recurring financial charges | 65 | €1,217 | €1,223 | +€5 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €120,127 | €184,735 | +€64,608 | +53.8% |
| Income taxes | 67/77 | €32,059 | €52,831 | +€20,773 | +64.8% |
| Profit (loss) for the period | 9904 | €88,068 | €131,904 | +€43,836 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,068 | €131,904 | +€43,836 | +49.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.