PROFI-WAY: 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-WAY
Largest movements
- Cash +€35,835
up €35,835 (+122%), from €29,494 to €65,330
mainly Net result for the year (+€28,613) and Depreciation (+€19,666)
- Tangible fixed assets -€19,666
down €19,666 (-20.2%), from €97,177 to €77,511
- Reserves +€28,613
up €28,613 (+42.1%), from €67,931 to €96,544
- Debts after one year -€17,066
down €17,066 (-23.1%), from €73,895 to €56,830
- Tax, wage and social debts +€4,785
up €4,785 (+43.6%), from €10,967 to €15,751
- Current portion of long-term debt +€1,974
up €1,974 (+13.1%), from €15,092 to €17,066
- Gross operating margin -€26,015
down €26,015 (-28.7%), from €90,588 to €64,574
- Depreciation +€16,404
up €16,404 (+503%), from €3,263 to €19,666
- Taxes -€5,877
down €5,877 (-32.7%), from €17,967 to €12,090
- Financial charges +€2,809
up €2,809 (+910%), from €309 to €3,118
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 | €179,668 | €197,206 | +€17,537 | +9.8% |
| Fixed assets | 21/28 | €97,177 | €77,511 | -€19,666 | -20.2% |
| Tangible fixed assets | 22/27 | €97,177 | €77,511 | -€19,666 | -20.2% |
| Furniture and vehicles | 24 | €97,177 | €77,511 | -€19,666 | -20.2% |
| Current assets | 29/58 | €82,491 | €119,695 | +€37,203 | +45.1% |
| Amounts receivable within one year | 40/41 | €49,409 | €51,200 | +€1,791 | +3.6% |
| Trade receivables | 40 | €47,141 | €49,918 | +€2,777 | +5.9% |
| Other amounts receivable | 41 | €2,269 | €1,283 | -€986 | -43.5% |
| Cash at bank and in hand | 54/58 | €29,494 | €65,330 | +€35,835 | +122% |
| Deferred charges and accrued income | 490/1 | €3,588 | €3,165 | -€423 | -11.8% |
| Total equity and liabilities | 10/49 | €179,668 | €197,206 | +€17,537 | +9.8% |
| Equity | 10/15 | €70,931 | €99,544 | +€28,613 | +40.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €67,931 | €96,544 | +€28,613 | +42.1% |
| Distributable reserves | 133 | €67,931 | €96,544 | +€28,613 | +42.1% |
| Amounts payable | 17/49 | €108,737 | €97,661 | -€11,076 | -10.2% |
| Amounts payable after more than one year | 17 | €73,895 | €56,830 | -€17,066 | -23.1% |
| Financial debts | 170/4 | €73,895 | €56,830 | -€17,066 | -23.1% |
| Amounts payable within one year | 42/48 | €31,677 | €37,707 | +€6,030 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €15,092 | €17,066 | +€1,974 | +13.1% |
| Trade debts | 44 | €5,292 | €4,890 | -€403 | -7.6% |
| Suppliers | 440/4 | €5,292 | €4,890 | -€403 | -7.6% |
| Taxes, remuneration and social security | 45 | €10,967 | €15,751 | +€4,785 | +43.6% |
| Taxes | 450/3 | €10,967 | €15,751 | +€4,785 | +43.6% |
| Other amounts payable | 47/48 | €326 | - | -€326 | |
| Accrued charges and deferred income | 492/3 | €3,165 | €3,125 | -€40 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,263 | €19,666 | +€16,404 | +503% |
| Other operating charges | 640/8 | €1,122 | €1,103 | -€20 | -1.7% |
| Gross operating margin | 9900 | €90,588 | €64,574 | -€26,015 | -28.7% |
| Operating profit (loss) | 9901 | €86,203 | €43,805 | -€42,399 | -49.2% |
| Financial income | 75/76B | €4 | €16 | +€12 | +345% |
| Recurring financial income | 75 | €4 | €16 | +€12 | +345% |
| Financial charges | 65/66B | €309 | €3,118 | +€2,809 | +910% |
| Recurring financial charges | 65 | €309 | €3,118 | +€2,809 | +910% |
| Profit (loss) for the period before taxes | 9903 | €85,898 | €40,702 | -€45,196 | -52.6% |
| Income taxes | 67/77 | €17,967 | €12,090 | -€5,877 | -32.7% |
| Profit (loss) for the period | 9904 | €67,931 | €28,613 | -€39,319 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,931 | €28,613 | -€39,319 | -57.9% |
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 26 October 2026 via checked.be.