PROFFINCO: 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.
PROFFINCO
Largest movements
- Cash +€272,817
up €272,817 (+209.4%), from €130,267 to €403,084
mainly Trade debts (+€176,221) and Debts after one year (+€125,000)
- Receivables within one year -€67,807
down €67,807 (-11.1%), from €609,153 to €541,346
of which Trade receivables: -€61,553
- Deferred charges and accrued income +€18,011
up €18,011 (+863.4%), from €2,086 to €20,097
- Trade debts +€176,221
up €176,221 (+76.1%), from €231,451 to €407,672
- Profit (loss) carried forward -€165,889
down €165,889 (-86.3%), from €192,274 to €26,385
- Debts after one year +€125,000
new in 2025: €125,000
- Current portion of long-term debt +€98,373
new in 2025: €98,373
- Staff costs +€130,599
up €130,599 (+7.0%), from €1.9m to €2.0m
- Gross operating margin -€88,733
down €88,733 (-4.5%), from €2.0m to €1.9m
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 | €753,348 | €986,357 | +€233,009 | +30.9% |
| Fixed assets | 21/28 | €11,843 | €21,830 | +€9,987 | +84.3% |
| Intangible fixed assets | 21 | €7,139 | €16,535 | +€9,396 | +131.6% |
| Tangible fixed assets | 22/27 | €4,704 | €5,295 | +€591 | +12.6% |
| Furniture and vehicles | 24 | €4,704 | €5,295 | +€591 | +12.6% |
| Current assets | 29/58 | €741,505 | €964,527 | +€223,022 | +30.1% |
| Amounts receivable within one year | 40/41 | €609,153 | €541,346 | -€67,807 | -11.1% |
| Trade receivables | 40 | €588,000 | €526,447 | -€61,553 | -10.5% |
| Other amounts receivable | 41 | €21,152 | €14,899 | -€6,253 | -29.6% |
| Cash at bank and in hand | 54/58 | €130,267 | €403,084 | +€272,817 | +209.4% |
| Deferred charges and accrued income | 490/1 | €2,086 | €20,097 | +€18,011 | +863.4% |
| Total equity and liabilities | 10/49 | €753,348 | €986,357 | +€233,009 | +30.9% |
| Equity | 10/15 | €302,274 | €136,385 | -€165,889 | -54.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,274 | €26,385 | -€165,889 | -86.3% |
| Amounts payable | 17/49 | €451,074 | €849,972 | +€398,898 | +88.4% |
| Amounts payable after more than one year | 17 | - | €125,000 | +€125,000 | |
| Other amounts payable | 178/9 | - | €125,000 | +€125,000 | |
| Amounts payable within one year | 42/48 | €443,285 | €715,707 | +€272,422 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | - | €98,373 | +€98,373 | |
| Trade debts | 44 | €231,451 | €407,672 | +€176,221 | +76.1% |
| Suppliers | 440/4 | €231,451 | €407,672 | +€176,221 | +76.1% |
| Taxes, remuneration and social security | 45 | €211,834 | €209,662 | -€2,172 | -1.0% |
| Taxes | 450/3 | €23,989 | €20,915 | -€3,074 | -12.8% |
| Remuneration and social security | 454/9 | €187,845 | €188,747 | +€902 | +0.5% |
| Accrued charges and deferred income | 492/3 | €7,789 | €9,265 | +€1,476 | +18.9% |
| Remuneration, social security and pensions | 62 | €1,875,159 | €2,005,758 | +€130,599 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,836 | €8,412 | -€1,424 | -14.5% |
| Other operating charges | 640/8 | €968 | €998 | +€30 | +3.1% |
| Gross operating margin | 9900 | €1,967,171 | €1,878,438 | -€88,733 | -4.5% |
| Operating profit (loss) | 9901 | €81,208 | -€136,730 | -€217,938 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €29,659 | €24,857 | -€4,802 | -16.2% |
| Recurring financial charges | 65 | €29,659 | €24,857 | -€4,802 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €51,551 | -€161,586 | -€213,137 | |
| Income taxes | 67/77 | €21,098 | €4,303 | -€16,795 | -79.6% |
| Profit (loss) for the period | 9904 | €30,453 | -€165,889 | -€196,342 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,453 | -€165,889 | -€196,342 |
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 10 October 2026 via checked.be.