PROFIDES: 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.
PROFIDES
Largest movements
- Receivables within one year -€32,328
down €32,328 (-39.6%), from €81,618 to €49,290
of which Trade receivables: -€49,951
- Tangible fixed assets -€4,818
down €4,818 (-48.5%), from €9,924 to €5,106
of which Furniture and vehicles: -€4,433
- Debts after one year -€116,468
down €116,468 (-62.9%), from €185,127 to €68,659
- Other debts +€107,701
up €107,701 (+76.6%), from €140,643 to €248,345
- Profit (loss) carried forward -€57,949
down €57,949 (-9.1%), from -€636,138 to -€694,087
- Trade debts +€36,279
up €36,279 (+584.7%), from €6,205 to €42,484
- Tax, wage and social debts -€8,222
down €8,222 (-71.3%), from €11,537 to €3,315
of which Taxes: -€4,480
- Purchases and services +€42,303
up €42,303 (+37.3%), from €113,407 to €155,710
- Gross operating margin -€31,351
down €31,351, from €6,069 to -€25,283
- Turnover +€10,952
up €10,952 (+9.2%), from €119,476 to €130,427
- Staff costs +€2,624
up €2,624 (+12.6%), from €20,877 to €23,501
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,673 | €76,015 | -€37,658 | -33.1% |
| Fixed assets | 21/28 | €10,554 | €5,736 | -€4,818 | -45.6% |
| Tangible fixed assets | 22/27 | €9,924 | €5,106 | -€4,818 | -48.5% |
| Plant, machinery and equipment | 23 | €770 | €385 | -€385 | -50.0% |
| Furniture and vehicles | 24 | €9,154 | €4,721 | -€4,433 | -48.4% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €103,119 | €70,279 | -€32,840 | -31.8% |
| Amounts receivable within one year | 40/41 | €81,618 | €49,290 | -€32,328 | -39.6% |
| Trade receivables | 40 | €79,321 | €29,370 | -€49,951 | -63.0% |
| Other amounts receivable | 41 | €2,297 | €19,920 | +€17,623 | +767.3% |
| Cash at bank and in hand | 54/58 | €20,941 | €20,429 | -€512 | -2.4% |
| Deferred charges and accrued income | 490/1 | €560 | €560 | = | 0.0% |
| Total equity and liabilities | 10/49 | €113,673 | €76,015 | -€37,658 | -33.1% |
| Equity | 10/15 | -€229,878 | -€286,827 | -€56,949 | -24.8% |
| Contributions | 10/11 | €404,400 | €405,400 | +€1,000 | +0.2% |
| Capital | 10 | €404,400 | €405,400 | +€1,000 | +0.2% |
| Issued capital | 100 | €419,600 | €420,600 | +€1,000 | +0.2% |
| Uncalled capital | 101 | €15,200 | €15,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€636,138 | -€694,087 | -€57,949 | -9.1% |
| Amounts payable | 17/49 | €343,551 | €362,842 | +€19,291 | +5.6% |
| Amounts payable after more than one year | 17 | €185,127 | €68,659 | -€116,468 | -62.9% |
| Other amounts payable | 178/9 | €185,127 | €68,659 | -€116,468 | -62.9% |
| Amounts payable within one year | 42/48 | €158,385 | €294,144 | +€135,759 | +85.7% |
| Trade debts | 44 | €6,205 | €42,484 | +€36,279 | +584.7% |
| Suppliers | 440/4 | €6,205 | €42,484 | +€36,279 | +584.7% |
| Taxes, remuneration and social security | 45 | €11,537 | €3,315 | -€8,222 | -71.3% |
| Taxes | 450/3 | €7,796 | €3,315 | -€4,480 | -57.5% |
| Remuneration and social security | 454/9 | €3,742 | €0 | -€3,742 | -100.0% |
| Other amounts payable | 47/48 | €140,643 | €248,345 | +€107,701 | +76.6% |
| Accrued charges and deferred income | 492/3 | €39 | €39 | = | 0.0% |
| Turnover | 70 | €119,476 | €130,427 | +€10,952 | +9.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €113,407 | €155,710 | +€42,303 | +37.3% |
| Remuneration, social security and pensions | 62 | €20,877 | €23,501 | +€2,624 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,916 | €5,706 | -€210 | -3.6% |
| Other operating charges | 640/8 | €1,341 | €853 | -€489 | -36.4% |
| Gross operating margin | 9900 | €6,069 | -€25,283 | -€31,351 | |
| Operating profit (loss) | 9901 | -€22,066 | -€55,342 | -€33,276 | -150.8% |
| Financial income | 75/76B | €0 | €451 | +€451 | |
| Recurring financial income | 75 | €0 | €451 | +€451 | |
| Financial charges | 65/66B | €2,221 | €2,213 | -€8 | -0.4% |
| Recurring financial charges | 65 | €2,221 | €2,213 | -€8 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,287 | -€57,104 | -€32,817 | -135.1% |
| Income taxes | 67/77 | - | €845 | +€845 | |
| Profit (loss) for the period | 9904 | -€24,287 | -€57,949 | -€33,662 | -138.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,287 | -€57,949 | -€33,662 | -138.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.