PROFIEL: what changed
What changed
PROFIEL
NACE 43.350, Other building finishing work
not consecutivefiled annual accounts (NBB)
Net result for the year
€130,959
2023 · €9,114+€121,845
Equity
€187,029
2023 · €186,071+€959
Cash
€159,082
2023 · €172,640-€13,558
Balance sheet total
€605,823
2023 · €563,981+€41,841
Largest movements
Assets
- Receivables within one year +€28,801
up €28,801 (+10.2%), from €281,913 to €310,714
of which Trade receivables: +€66,485
- Stocks and contracts +€21,401
up €21,401 (+27.8%), from €77,052 to €98,453
of which Contracts in progress: +€21,401
- Cash -€13,558
down €13,558 (-7.9%), from €172,640 to €159,082
Equity and liabilities
- Other debts +€98,929
up €98,929 (+162%), from €61,027 to €159,956
- Short-term financial debts -€65,023
down €65,023 (-26.0%), from €250,000 to €184,977
- Trade debts +€8,223
up €8,223 (+55.5%), from €14,809 to €23,033
Income statement
- Gross operating margin +€811,241
up €811,241 (+202%), from €401,122 to €1.2m
- Staff costs +€651,863
up €651,863 (+172%), from €378,601 to €1.0m
- Financial charges +€27,247
up €27,247 (+392%), from €6,949 to €34,196
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€9,114
Gross operating margin
+€811,241
Staff costs
-€651,863
Depreciation
-€5,635
Other operating charges
-€1,054
Other operating items
-€91
Financial income
+€191
Financial charges
-€27,247
Taxes
-€3,697
Result 2025
€130,959
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,981 | €605,823 | +€41,841 | +7.4% |
| Fixed assets | 21/28 | €23,108 | €25,442 | +€2,334 | +10.1% |
| Intangible fixed assets | 21 | - | €688 | +€688 | |
| Tangible fixed assets | 22/27 | €12,164 | €17,645 | +€5,481 | +45.1% |
| Plant, machinery and equipment | 23 | €1,376 | €11,624 | +€10,248 | +745% |
| Furniture and vehicles | 24 | €6,903 | €5,063 | -€1,841 | -26.7% |
| Other tangible fixed assets | 26 | €1,777 | €958 | -€819 | -46.1% |
| Assets under construction and advance payments | 27 | €2,107 | - | -€2,107 | |
| Financial fixed assets | 28 | €10,944 | €7,109 | -€3,835 | -35.0% |
| Current assets | 29/58 | €540,874 | €580,381 | +€39,507 | +7.3% |
| Stocks and contracts in progress | 3 | €77,052 | €98,453 | +€21,401 | +27.8% |
| Stocks | 30/36 | €8,000 | €8,000 | = | 0.0% |
| Contracts in progress | 37 | €69,052 | €90,453 | +€21,401 | +31.0% |
| Amounts receivable within one year | 40/41 | €281,913 | €310,714 | +€28,801 | +10.2% |
| Trade receivables | 40 | €237,024 | €303,509 | +€66,485 | +28.0% |
| Other amounts receivable | 41 | €44,889 | €7,205 | -€37,684 | -83.9% |
| Cash at bank and in hand | 54/58 | €172,640 | €159,082 | -€13,558 | -7.9% |
| Deferred charges and accrued income | 490/1 | €9,269 | €12,132 | +€2,862 | +30.9% |
| Total equity and liabilities | 10/49 | €563,981 | €605,823 | +€41,841 | +7.4% |
| Equity | 10/15 | €186,071 | €187,029 | +€959 | +0.5% |
| Contributions | 10/11 | €123,288 | €123,288 | = | 0.0% |
| Reserves | 13 | €62,783 | €63,741 | +€959 | +1.5% |
| Tax-exempt reserves | 132 | €19,183 | €19,183 | = | 0.0% |
| Distributable reserves | 133 | €43,600 | €44,558 | +€959 | +2.2% |
| Amounts payable | 17/49 | €377,911 | €418,794 | +€40,883 | +10.8% |
| Amounts payable within one year | 42/48 | €371,703 | €412,202 | +€40,498 | +10.9% |
| Financial debts | 43 | €250,000 | €184,977 | -€65,023 | -26.0% |
| Credit institutions | 430/8 | €250,000 | €184,977 | -€65,023 | -26.0% |
| Trade debts | 44 | €14,809 | €23,033 | +€8,223 | +55.5% |
| Suppliers | 440/4 | €14,809 | €23,033 | +€8,223 | +55.5% |
| Taxes, remuneration and social security | 45 | €45,867 | €44,236 | -€1,632 | -3.6% |
| Taxes | 450/3 | €1,950 | €3,160 | +€1,210 | +62.0% |
| Remuneration and social security | 454/9 | €43,918 | €41,076 | -€2,841 | -6.5% |
| Other amounts payable | 47/48 | €61,027 | €159,956 | +€98,929 | +162% |
| Accrued charges and deferred income | 492/3 | €6,207 | €6,592 | +€385 | +6.2% |
| Non-recurring operating income | 76A | €28,893 | - | -€28,893 | |
| Remuneration, social security and pensions | 62 | €378,601 | €1,030,464 | +€651,863 | +172% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,359 | €9,994 | +€5,635 | +129% |
| Other operating charges | 640/8 | €733 | €1,787 | +€1,054 | +144% |
| Non-recurring operating charges | 66A | €262 | €353 | +€91 | +34.6% |
| Gross operating margin | 9900 | €401,122 | €1,212,363 | +€811,241 | +202% |
| Operating profit (loss) | 9901 | €17,167 | €169,765 | +€152,598 | +889% |
| Financial income | 75/76B | €166 | €357 | +€191 | +115% |
| Recurring financial income | 75 | €166 | €357 | +€191 | +115% |
| Financial charges | 65/66B | €6,949 | €34,196 | +€27,247 | +392% |
| Recurring financial charges | 65 | €6,949 | €34,196 | +€27,247 | +392% |
| Profit (loss) for the period before taxes | 9903 | €10,385 | €135,927 | +€125,541 | +1,209% |
| Income taxes | 67/77 | €1,271 | €4,968 | +€3,697 | +291% |
| Profit (loss) for the period | 9904 | €9,114 | €130,959 | +€121,845 | +1,337% |
| Profit (loss) for the period to be appropriated | 9905 | €9,114 | €130,959 | +€121,845 | +1,337% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2023 and 31 July 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.