PROFILEASE: 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.
PROFILEASE
Largest movements
- Receivables within one year -€160,236
down €160,236 (-33.2%), from €483,023 to €322,787
of which Other amounts receivable: -€132,282
- Cash +€105,448
up €105,448 (+38.0%), from €277,766 to €383,213
mainly Receivables within one year (+€160,236) and Net result for the year (+€90,554)
- Intangible fixed assets +€29,218
up €29,218 (+3,843%), from €760 to €29,978
- Tangible fixed assets -€22,545
down €22,545 (-30.5%), from €73,816 to €51,271
of which Furniture and vehicles: -€18,074
- Profit (loss) carried forward +€90,554
up €90,554 (+18.1%), from €500,659 to €591,213
- Trade debts -€83,023
down €83,023 (-48.6%), from €170,782 to €87,759
- Tax, wage and social debts -€49,615
down €49,615 (-28.0%), from €177,298 to €127,684
of which Remuneration and social security: -€52,626
- Current portion of long-term debt -€11,276
down €11,276 (-100%), from €11,276 to €0
- Staff costs -€617,629
down €617,629 (-47.5%), from €1.3m to €681,690
- Gross operating margin -€501,708
down €501,708 (-36.1%), from €1.4m to €887,755
- Taxes +€18,970
up €18,970 (+61.8%), from €30,700 to €49,671
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 | €868,451 | €815,434 | -€53,017 | -6.1% |
| Fixed assets | 21/28 | €80,453 | €87,126 | +€6,672 | +8.3% |
| Intangible fixed assets | 21 | €760 | €29,978 | +€29,218 | +3,843% |
| Tangible fixed assets | 22/27 | €73,816 | €51,271 | -€22,545 | -30.5% |
| Plant, machinery and equipment | 23 | €4,466 | €1,933 | -€2,534 | -56.7% |
| Furniture and vehicles | 24 | €52,749 | €34,675 | -€18,074 | -34.3% |
| Other tangible fixed assets | 26 | €16,601 | €14,663 | -€1,938 | -11.7% |
| Financial fixed assets | 28 | €5,877 | €5,877 | = | 0.0% |
| Current assets | 29/58 | €787,997 | €728,308 | -€59,689 | -7.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €483,023 | €322,787 | -€160,236 | -33.2% |
| Trade receivables | 40 | €347,335 | €319,381 | -€27,954 | -8.0% |
| Other amounts receivable | 41 | €135,688 | €3,406 | -€132,282 | -97.5% |
| Cash at bank and in hand | 54/58 | €277,766 | €383,213 | +€105,448 | +38.0% |
| Deferred charges and accrued income | 490/1 | €27,209 | €22,308 | -€4,901 | -18.0% |
| Total equity and liabilities | 10/49 | €868,451 | €815,434 | -€53,017 | -6.1% |
| Equity | 10/15 | €508,719 | €599,273 | +€90,554 | +17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €500,659 | €591,213 | +€90,554 | +18.1% |
| Amounts payable | 17/49 | €359,732 | €216,161 | -€143,571 | -39.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €359,732 | €216,161 | -€143,571 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €11,276 | €0 | -€11,276 | -100% |
| Financial debts | 43 | €375 | €718 | +€343 | +91.4% |
| Credit institutions | 430/8 | €375 | €718 | +€343 | +91.4% |
| Trade debts | 44 | €170,782 | €87,759 | -€83,023 | -48.6% |
| Suppliers | 440/4 | €170,782 | €87,759 | -€83,023 | -48.6% |
| Taxes, remuneration and social security | 45 | €177,298 | €127,684 | -€49,615 | -28.0% |
| Taxes | 450/3 | €28,651 | €31,662 | +€3,011 | +10.5% |
| Remuneration and social security | 454/9 | €148,648 | €96,022 | -€52,626 | -35.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,299,319 | €681,690 | -€617,629 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,174 | €32,110 | +€3,936 | +14.0% |
| Other operating charges | 640/8 | €5,598 | €7,516 | +€1,918 | +34.3% |
| Non-recurring operating charges | 66A | €3,234 | €3,384 | +€149 | +4.6% |
| Gross operating margin | 9900 | €1,389,464 | €887,755 | -€501,708 | -36.1% |
| Operating profit (loss) | 9901 | €53,138 | €163,055 | +€109,917 | +207% |
| Financial income | 75/76B | €8,953 | €0 | -€8,953 | -100.0% |
| Recurring financial income | 75 | €8,953 | €0 | -€8,953 | -100.0% |
| Financial charges | 65/66B | €27,493 | €22,831 | -€4,662 | -17.0% |
| Recurring financial charges | 65 | €27,493 | €22,831 | -€4,662 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €34,598 | €140,225 | +€105,626 | +305% |
| Income taxes | 67/77 | €30,700 | €49,671 | +€18,970 | +61.8% |
| Profit (loss) for the period | 9904 | €3,898 | €90,554 | +€86,656 | +2,223% |
| Profit (loss) for the period to be appropriated | 9905 | €3,898 | €90,554 | +€86,656 | +2,223% |
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 27 October 2026 via checked.be.