PROFIAC: 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.
PROFIAC
Largest movements
- Tangible fixed assets +€62,438
up €62,438 (+243.0%), from €25,691 to €88,130
of which Plant, machinery and equipment: +€61,808
- Cash +€18,337
up €18,337 (+37.4%), from €49,041 to €67,379
mainly Net result for the year (+€115,227) and Current portion of long-term debt (+€36,865)
- Receivables within one year +€8,694
up €8,694 (+2.6%), from €340,540 to €349,234
of which Trade receivables: +€7,700
- Reserves +€50,160
up €50,160 (+9.3%), from €538,893 to €589,052
- Current portion of long-term debt +€36,865
new in 2025: €36,865
- Debts after one year +€26,713
new in 2025: €26,713
- Tax, wage and social debts -€21,417
down €21,417 (-66.1%), from €32,387 to €10,970
- Gross operating margin -€40,048
down €40,048 (-17.8%), from €224,739 to €184,691
- Taxes -€15,551
down €15,551 (-23.4%), from €66,328 to €50,777
- Depreciation +€9,606
up €9,606 (+149.6%), from €6,422 to €16,028
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 | €515,272 | €604,742 | +€89,470 | +17.4% |
| Fixed assets | 21/28 | €25,691 | €88,130 | +€62,438 | +243.0% |
| Tangible fixed assets | 22/27 | €25,691 | €88,130 | +€62,438 | +243.0% |
| Land and buildings | 22 | €25,100 | €25,731 | +€631 | +2.5% |
| Plant, machinery and equipment | 23 | €591 | €62,399 | +€61,808 | +10458.9% |
| Current assets | 29/58 | €489,581 | €516,613 | +€27,032 | +5.5% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €340,540 | €349,234 | +€8,694 | +2.6% |
| Trade receivables | 40 | €102,800 | €110,500 | +€7,700 | +7.5% |
| Other amounts receivable | 41 | €237,740 | €238,734 | +€994 | +0.4% |
| Cash at bank and in hand | 54/58 | €49,041 | €67,379 | +€18,337 | +37.4% |
| Total equity and liabilities | 10/49 | €515,272 | €604,742 | +€89,470 | +17.4% |
| Equity | 10/15 | €478,240 | €528,399 | +€50,160 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €538,893 | €589,052 | +€50,160 | +9.3% |
| Distributable reserves | 133 | €538,893 | €589,052 | +€50,160 | +9.3% |
| Profit (loss) carried forward | 14 | -€66,853 | -€66,853 | = | 0.0% |
| Amounts payable | 17/49 | €37,033 | €76,343 | +€39,310 | +106.1% |
| Amounts payable after more than one year | 17 | - | €26,713 | +€26,713 | |
| Financial debts | 170/4 | - | €26,713 | +€26,713 | |
| Amounts payable within one year | 42/48 | €36,425 | €49,630 | +€13,205 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | - | €36,865 | +€36,865 | |
| Trade debts | 44 | €4,038 | €1,795 | -€2,242 | -55.5% |
| Suppliers | 440/4 | €4,038 | €1,795 | -€2,242 | -55.5% |
| Taxes, remuneration and social security | 45 | €32,387 | €10,970 | -€21,417 | -66.1% |
| Taxes | 450/3 | €32,387 | €10,970 | -€21,417 | -66.1% |
| Accrued charges and deferred income | 492/3 | €608 | - | -€608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,422 | €16,028 | +€9,606 | +149.6% |
| Other operating charges | 640/8 | €1,012 | €1,088 | +€76 | +7.5% |
| Gross operating margin | 9900 | €224,739 | €184,691 | -€40,048 | -17.8% |
| Operating profit (loss) | 9901 | €217,305 | €167,576 | -€49,729 | -22.9% |
| Financial income | 75/76B | - | €1,080 | +€1,080 | |
| Recurring financial income | 75 | - | €1,080 | +€1,080 | |
| Financial charges | 65/66B | €1,409 | €2,652 | +€1,243 | +88.2% |
| Recurring financial charges | 65 | €1,409 | €2,652 | +€1,243 | +88.2% |
| Profit (loss) for the period before taxes | 9903 | €215,896 | €166,004 | -€49,892 | -23.1% |
| Income taxes | 67/77 | €66,328 | €50,777 | -€15,551 | -23.4% |
| Profit (loss) for the period | 9904 | €149,568 | €115,227 | -€34,341 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €149,568 | €115,227 | -€34,341 | -23.0% |
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 6 October 2026 via checked.be.