Profensa: 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.
Profensa
Largest movements
- Cash +€100,659
up €100,659 (+218.1%), from €46,150 to €146,809
mainly Other debts (+€80,200) and Net result for the year (+€47,945)
- Receivables within one year -€18,868
down €18,868 (-30.1%), from €62,754 to €43,886
of which Trade receivables: -€13,615
- Deferred charges and accrued income -€16,598
down €16,598 (-83.7%), from €19,837 to €3,240
- Other debts +€80,200
up €80,200 (+200.5%), from €40,000 to €120,200
- Reserves +€27,801
up €27,801 (+98.8%), from €28,144 to €55,945
- Tax, wage and social debts -€22,716
down €22,716 (-78.3%), from €29,015 to €6,299
of which Taxes: -€22,666
- Trade debts -€21,124
down €21,124 (-53.0%), from €39,827 to €18,703
- Gross operating margin +€23,837
up €23,837 (+55.5%), from €42,964 to €66,801
- Taxes +€9,368
up €9,368 (+129.3%), from €7,247 to €16,616
- Depreciation -€5,133
down €5,133 (-78.7%), from €6,525 to €1,392
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 | €139,985 | €204,153 | +€64,167 | +45.8% |
| Fixed assets | 21/28 | €1,400 | €8 | -€1,392 | -99.4% |
| Tangible fixed assets | 22/27 | €1,400 | €8 | -€1,392 | -99.4% |
| Plant, machinery and equipment | 23 | €217 | €0 | -€217 | -100.0% |
| Furniture and vehicles | 24 | €1,183 | €8 | -€1,175 | -99.3% |
| Current assets | 29/58 | €138,585 | €204,145 | +€65,560 | +47.3% |
| Stocks and contracts in progress | 3 | €9,845 | €10,211 | +€366 | +3.7% |
| Stocks | 30/36 | €9,845 | €10,211 | +€366 | +3.7% |
| Amounts receivable within one year | 40/41 | €62,754 | €43,886 | -€18,868 | -30.1% |
| Trade receivables | 40 | €57,501 | €43,886 | -€13,615 | -23.7% |
| Other amounts receivable | 41 | €5,253 | €0 | -€5,253 | -100.0% |
| Cash at bank and in hand | 54/58 | €46,150 | €146,809 | +€100,659 | +218.1% |
| Deferred charges and accrued income | 490/1 | €19,837 | €3,240 | -€16,598 | -83.7% |
| Total equity and liabilities | 10/49 | €139,985 | €204,153 | +€64,167 | +45.8% |
| Equity | 10/15 | €31,144 | €58,945 | +€27,801 | +89.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,144 | €55,945 | +€27,801 | +98.8% |
| Distributable reserves | 133 | €28,144 | €55,945 | +€27,801 | +98.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,842 | €145,208 | +€36,366 | +33.4% |
| Amounts payable within one year | 42/48 | €108,842 | €145,202 | +€36,360 | +33.4% |
| Trade debts | 44 | €39,827 | €18,703 | -€21,124 | -53.0% |
| Suppliers | 440/4 | €39,827 | €18,703 | -€21,124 | -53.0% |
| Taxes, remuneration and social security | 45 | €29,015 | €6,299 | -€22,716 | -78.3% |
| Taxes | 450/3 | €27,915 | €5,249 | -€22,666 | -81.2% |
| Remuneration and social security | 454/9 | €1,100 | €1,050 | -€50 | -4.5% |
| Other amounts payable | 47/48 | €40,000 | €120,200 | +€80,200 | +200.5% |
| Accrued charges and deferred income | 492/3 | €0 | €6 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,525 | €1,392 | -€5,133 | -78.7% |
| Other operating charges | 640/8 | €851 | €807 | -€43 | -5.1% |
| Gross operating margin | 9900 | €42,964 | €66,801 | +€23,837 | +55.5% |
| Operating profit (loss) | 9901 | €35,588 | €64,601 | +€29,013 | +81.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -92.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -92.9% |
| Financial charges | 65/66B | €198 | €41 | -€157 | -79.5% |
| Recurring financial charges | 65 | €198 | €41 | -€157 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €35,391 | €64,561 | +€29,170 | +82.4% |
| Income taxes | 67/77 | €7,247 | €16,616 | +€9,368 | +129.3% |
| Profit (loss) for the period | 9904 | €28,144 | €47,945 | +€19,801 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,144 | €47,945 | +€19,801 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.