PROFI - GLASS: 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.
PROFI - GLASS
Largest movements
- Tangible fixed assets +€66,919
up €66,919 (+1,253%), from €5,341 to €72,260
of which Furniture and vehicles: +€68,759
- Cash +€11,390
up €11,390 (+5.2%), from €220,769 to €232,159
mainly Net result for the year (+€69,974) and Debts after one year (+€55,068)
- Receivables within one year -€7,218
down €7,218 (-15.3%), from €47,120 to €39,902
of which Trade receivables: -€6,207
- Debts after one year +€55,068
new in 2025: €55,068
- Tax, wage and social debts +€36,849
up €36,849 (+290%), from €12,707 to €49,556
of which Taxes: +€32,350
- Profit (loss) carried forward -€21,276
down €21,276 (-64.8%), from €32,817 to €11,541
- Staff costs +€36,985
up €36,985 (+46.6%), from €79,372 to €116,357
- Taxes -€8,925
down €8,925 (-28.6%), from €31,152 to €22,227
- Depreciation +€7,993
up €7,993 (+273%), from €2,926 to €10,919
- Gross operating margin +€4,665
up €4,665 (+2.1%), from €219,336 to €224,001
- Other operating charges +€2,556
up €2,556 (+312%), from €820 to €3,376
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 | €279,787 | €351,177 | +€71,390 | +25.5% |
| Fixed assets | 21/28 | €5,413 | €72,332 | +€66,919 | +1,236% |
| Tangible fixed assets | 22/27 | €5,341 | €72,260 | +€66,919 | +1,253% |
| Plant, machinery and equipment | 23 | €5,005 | €3,165 | -€1,840 | -36.8% |
| Furniture and vehicles | 24 | €336 | €69,095 | +€68,759 | +20,464% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €274,374 | €278,845 | +€4,471 | +1.6% |
| Stocks and contracts in progress | 3 | €4,348 | €4,341 | -€7 | -0.2% |
| Stocks | 30/36 | €4,348 | €4,341 | -€7 | -0.2% |
| Amounts receivable within one year | 40/41 | €47,120 | €39,902 | -€7,218 | -15.3% |
| Trade receivables | 40 | €44,559 | €38,352 | -€6,207 | -13.9% |
| Other amounts receivable | 41 | €2,561 | €1,550 | -€1,011 | -39.5% |
| Cash at bank and in hand | 54/58 | €220,769 | €232,159 | +€11,390 | +5.2% |
| Deferred charges and accrued income | 490/1 | €2,137 | €2,443 | +€306 | +14.3% |
| Total equity and liabilities | 10/49 | €279,787 | €351,177 | +€71,390 | +25.5% |
| Equity | 10/15 | €251,817 | €230,541 | -€21,276 | -8.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,817 | €11,541 | -€21,276 | -64.8% |
| Amounts payable | 17/49 | €27,970 | €120,636 | +€92,666 | +331% |
| Amounts payable after more than one year | 17 | - | €55,068 | +€55,068 | |
| Financial debts | 170/4 | - | €55,068 | +€55,068 | |
| Amounts payable within one year | 42/48 | €27,970 | €65,568 | +€37,598 | +134% |
| Financial debts | 43 | - | €600 | +€600 | |
| Credit institutions | 430/8 | - | €600 | +€600 | |
| Trade debts | 44 | €13,269 | €13,319 | +€50 | +0.4% |
| Suppliers | 440/4 | €13,269 | €13,319 | +€50 | +0.4% |
| Taxes, remuneration and social security | 45 | €12,707 | €49,556 | +€36,849 | +290% |
| Taxes | 450/3 | €6,255 | €38,605 | +€32,350 | +517% |
| Remuneration and social security | 454/9 | €6,452 | €10,951 | +€4,499 | +69.7% |
| Other amounts payable | 47/48 | €1,994 | €2,093 | +€99 | +5.0% |
| Non-recurring operating income | 76A | - | €8,581 | +€8,581 | |
| Remuneration, social security and pensions | 62 | €79,372 | €116,357 | +€36,985 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,926 | €10,919 | +€7,993 | +273% |
| Other operating charges | 640/8 | €820 | €3,376 | +€2,556 | +312% |
| Gross operating margin | 9900 | €219,336 | €224,001 | +€4,665 | +2.1% |
| Operating profit (loss) | 9901 | €136,218 | €93,349 | -€42,869 | -31.5% |
| Financial income | 75/76B | €540 | €817 | +€277 | +51.3% |
| Recurring financial income | 75 | €540 | €817 | +€277 | +51.3% |
| Financial charges | 65/66B | €1,300 | €1,965 | +€665 | +51.2% |
| Recurring financial charges | 65 | €1,300 | €1,965 | +€665 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €135,458 | €92,201 | -€43,257 | -31.9% |
| Income taxes | 67/77 | €31,152 | €22,227 | -€8,925 | -28.6% |
| Profit (loss) for the period | 9904 | €104,306 | €69,974 | -€34,332 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €104,306 | €69,974 | -€34,332 | -32.9% |
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 16 October 2026 via checked.be.