PROFIDAK: 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.
PROFIDAK
Largest movements
- Receivables within one year -€115,446
down €115,446 (-24.1%), from €478,435 to €362,989
of which Other amounts receivable: -€70,555
- Tangible fixed assets -€84,705
down €84,705 (-9.9%), from €857,857 to €773,151
- Financial fixed assets +€51,555
up €51,555 (+31.6%), from €163,079 to €214,634
- Cash +€20,931
up €20,931 (+52.8%), from €39,623 to €60,553
mainly Short-term financial debts (+€118,458) and Receivables within one year (+€115,446)
- Short-term financial debts +€118,458
up €118,458 (+295.8%), from €40,044 to €158,501
- Debts after one year -€84,503
down €84,503 (-13.0%), from €648,031 to €563,529
- Trade debts -€78,186
down €78,186 (-13.2%), from €592,699 to €514,513
- Reserves -€66,619
down €66,619 (-23.9%), from €279,046 to €212,426
of which Distributable reserves: -€66,619
- Gross operating margin -€349,332
down €349,332 (-29.8%), from €1.2m to €824,637
- Write-downs -€83,900
down €83,900 (-90.1%), from €93,113 to €9,213
- Staff costs -€76,157
down €76,157 (-11.0%), from €693,331 to €617,173
- Taxes -€54,752
down €54,752 (-71.1%), from €76,985 to €22,233
- Financial charges -€33,416
down €33,416 (-42.3%), from €79,009 to €45,593
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 | €1,713,950 | €1,594,650 | -€119,301 | -7.0% |
| Fixed assets | 21/28 | €1,020,935 | €987,785 | -€33,151 | -3.2% |
| Tangible fixed assets | 22/27 | €857,857 | €773,151 | -€84,705 | -9.9% |
| Land and buildings | 22 | €737,176 | €697,987 | -€39,189 | -5.3% |
| Plant, machinery and equipment | 23 | €35,733 | €26,475 | -€9,258 | -25.9% |
| Furniture and vehicles | 24 | €84,948 | €48,690 | -€36,258 | -42.7% |
| Financial fixed assets | 28 | €163,079 | €214,634 | +€51,555 | +31.6% |
| Current assets | 29/58 | €693,015 | €606,865 | -€86,150 | -12.4% |
| Stocks and contracts in progress | 3 | €135,163 | €131,573 | -€3,590 | -2.7% |
| Stocks | 30/36 | €135,163 | €131,573 | -€3,590 | -2.7% |
| Amounts receivable within one year | 40/41 | €478,435 | €362,989 | -€115,446 | -24.1% |
| Trade receivables | 40 | €348,281 | €303,389 | -€44,892 | -12.9% |
| Other amounts receivable | 41 | €130,154 | €59,599 | -€70,555 | -54.2% |
| Cash at bank and in hand | 54/58 | €39,623 | €60,553 | +€20,931 | +52.8% |
| Deferred charges and accrued income | 490/1 | €39,795 | €51,750 | +€11,956 | +30.0% |
| Total equity and liabilities | 10/49 | €1,713,950 | €1,594,650 | -€119,301 | -7.0% |
| Equity | 10/15 | €285,246 | €218,626 | -€66,619 | -23.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €279,046 | €212,426 | -€66,619 | -23.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €277,186 | €210,566 | -€66,619 | -24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,428,705 | €1,376,023 | -€52,681 | -3.7% |
| Amounts payable after more than one year | 17 | €648,031 | €563,529 | -€84,503 | -13.0% |
| Financial debts | 170/4 | €648,031 | €563,529 | -€84,503 | -13.0% |
| Amounts payable within one year | 42/48 | €776,717 | €807,384 | +€30,667 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €94,143 | €95,864 | +€1,721 | +1.8% |
| Financial debts | 43 | €40,044 | €158,501 | +€118,458 | +295.8% |
| Credit institutions | 430/8 | €40,044 | €158,501 | +€118,458 | +295.8% |
| Trade debts | 44 | €592,699 | €514,513 | -€78,186 | -13.2% |
| Suppliers | 440/4 | €592,699 | €514,513 | -€78,186 | -13.2% |
| Taxes, remuneration and social security | 45 | €49,831 | €33,224 | -€16,608 | -33.3% |
| Taxes | 450/3 | €48,140 | €24,366 | -€23,774 | -49.4% |
| Remuneration and social security | 454/9 | €1,691 | €8,858 | +€7,167 | +423.7% |
| Other amounts payable | 47/48 | €0 | €5,283 | +€5,283 | |
| Accrued charges and deferred income | 492/3 | €3,957 | €5,111 | +€1,154 | +29.2% |
| Non-recurring operating income | 76A | - | €38,990 | +€38,990 | |
| Remuneration, social security and pensions | 62 | €693,331 | €617,173 | -€76,157 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,801 | €75,955 | -€10,846 | -12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €93,113 | €9,213 | -€83,900 | -90.1% |
| Other operating charges | 640/8 | €18,664 | €15,643 | -€3,021 | -16.2% |
| Non-recurring operating charges | 66A | - | €15,042 | +€15,042 | |
| Gross operating margin | 9900 | €1,173,969 | €824,637 | -€349,332 | -29.8% |
| Operating profit (loss) | 9901 | €282,060 | €91,611 | -€190,450 | -67.5% |
| Financial income | 75/76B | €29,294 | €15,248 | -€14,045 | -47.9% |
| Recurring financial income | 75 | €29,294 | €15,248 | -€14,045 | -47.9% |
| Financial charges | 65/66B | €79,009 | €45,593 | -€33,416 | -42.3% |
| Recurring financial charges | 65 | €79,009 | €45,593 | -€33,416 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €232,345 | €61,266 | -€171,079 | -73.6% |
| Income taxes | 67/77 | €76,985 | €22,233 | -€54,752 | -71.1% |
| Profit (loss) for the period | 9904 | €155,360 | €39,033 | -€116,327 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €155,360 | €39,033 | -€116,327 | -74.9% |
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 11 October 2026 via checked.be.