PROFIL CORPORATE: 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.
PROFIL CORPORATE
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+157%), from €817,368 to €2.1m
of which Land and buildings: +€1.2m
- Receivables within one year -€158,114
down €158,114 (-55.5%), from €284,933 to €126,819
of which Trade receivables: -€228,400
- Current investments -€39,199
down €39,199 (-75.1%), from €52,225 to €13,027
- Debts after one year +€959,970
up €959,970 (+180%), from €533,880 to €1.5m
- Other debts +€231,245
up €231,245 (+338%), from €68,463 to €299,708
- Reserves -€117,771
down €117,771 (-21.0%), from €562,118 to €444,348
of which Distributable reserves: -€117,771
- Financial charges +€31,632
up €31,632 (+118%), from €26,720 to €58,351
- Depreciation +€30,675
up €30,675 (+159%), from €19,301 to €49,976
- Taxes -€21,622
down €21,622 (-38.2%), from €56,570 to €34,948
- Gross operating margin +€9,271
up €9,271 (+3.5%), from €262,689 to €271,960
- Financial income +€3,313
up €3,313 (+80.4%), from €4,123 to €7,436
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 | €1,312,513 | €2,402,191 | +€1.1m | +83.0% |
| Fixed assets | 21/28 | €817,368 | €2,103,076 | +€1.3m | +157% |
| Tangible fixed assets | 22/27 | €817,368 | €2,103,076 | +€1.3m | +157% |
| Land and buildings | 22 | €804,632 | €2,044,268 | +€1.2m | +154% |
| Furniture and vehicles | 24 | €2,136 | €48,208 | +€46,073 | +2,157% |
| Other tangible fixed assets | 26 | €10,600 | €10,600 | = | 0.0% |
| Current assets | 29/58 | €495,146 | €299,114 | -€196,031 | -39.6% |
| Amounts receivable within one year | 40/41 | €284,933 | €126,819 | -€158,114 | -55.5% |
| Trade receivables | 40 | €284,933 | €56,533 | -€228,400 | -80.2% |
| Other amounts receivable | 41 | - | €70,286 | +€70,286 | |
| Current investments | 50/53 | €52,225 | €13,027 | -€39,199 | -75.1% |
| Cash at bank and in hand | 54/58 | €157,987 | €159,269 | +€1,282 | +0.8% |
| Total equity and liabilities | 10/49 | €1,312,513 | €2,402,191 | +€1.1m | +83.0% |
| Equity | 10/15 | €597,664 | €479,894 | -€117,771 | -19.7% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €562,118 | €444,348 | -€117,771 | -21.0% |
| Tax-exempt reserves | 132 | €46,310 | €46,310 | = | 0.0% |
| Distributable reserves | 133 | €515,808 | €398,038 | -€117,771 | -22.8% |
| Profit (loss) carried forward | 14 | -€1,638 | -€1,638 | = | 0.0% |
| Amounts payable | 17/49 | €714,849 | €1,922,297 | +€1.2m | +169% |
| Amounts payable after more than one year | 17 | €533,880 | €1,493,850 | +€959,970 | +180% |
| Financial debts | 170/4 | €533,880 | €1,493,850 | +€959,970 | +180% |
| Amounts payable within one year | 42/48 | €180,969 | €428,447 | +€247,478 | +137% |
| Current portion of amounts payable after more than one year | 42 | €68,662 | €92,222 | +€23,560 | +34.3% |
| Financial debts | 43 | €1,589 | €7,539 | +€5,950 | +375% |
| Credit institutions | 430/8 | €1,589 | €7,539 | +€5,950 | +375% |
| Trade debts | 44 | €7,618 | €4,157 | -€3,461 | -45.4% |
| Suppliers | 440/4 | €7,618 | €4,157 | -€3,461 | -45.4% |
| Taxes, remuneration and social security | 45 | €34,638 | €24,821 | -€9,817 | -28.3% |
| Taxes | 450/3 | €32,570 | €14,660 | -€17,910 | -55.0% |
| Remuneration and social security | 454/9 | €2,068 | €10,161 | +€8,093 | +391% |
| Other amounts payable | 47/48 | €68,463 | €299,708 | +€231,245 | +338% |
| Remuneration, social security and pensions | 62 | €46,822 | €48,065 | +€1,242 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,301 | €49,976 | +€30,675 | +159% |
| Other operating charges | 640/8 | €4,388 | €4,913 | +€525 | +12.0% |
| Gross operating margin | 9900 | €262,689 | €271,960 | +€9,271 | +3.5% |
| Operating profit (loss) | 9901 | €192,178 | €169,007 | -€23,171 | -12.1% |
| Financial income | 75/76B | €4,123 | €7,436 | +€3,313 | +80.4% |
| Recurring financial income | 75 | €4,123 | €7,436 | +€3,313 | +80.4% |
| Financial charges | 65/66B | €26,720 | €58,351 | +€31,632 | +118% |
| Recurring financial charges | 65 | €26,720 | €58,351 | +€31,632 | +118% |
| Profit (loss) for the period before taxes | 9903 | €169,582 | €118,092 | -€51,490 | -30.4% |
| Income taxes | 67/77 | €56,570 | €34,948 | -€21,622 | -38.2% |
| Profit (loss) for the period | 9904 | €113,012 | €83,144 | -€29,868 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €113,012 | €83,144 | -€29,868 | -26.4% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.