PROFILLIN: what changed
Two fiscal 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.
PROFILLIN
Largest movements
- Receivables within one year +€451,606
up €451,606 (+176.9%), from €255,236 to €706,841
of which Trade receivables: +€375,733
- Stocks and contracts -€92,759
down €92,759 (-17.8%), from €522,521 to €429,762
- Current investments -€36,898
down €36,898 (-6.6%), from €557,098 to €520,201
- Trade debts +€507,834
up €507,834 (+93.0%), from €545,965 to €1.1m
- Accrued charges and deferred income -€162,131
down €162,131 (-95.9%), from €168,982 to €6,851
- Short-term financial debts -€144,705
down €144,705 (-23.4%), from €617,997 to €473,292
- Advances received +€55,425
new in 2025: €55,425
- Reserves +€28,166
up €28,166 (+5.2%), from €545,040 to €573,206
of which Distributable reserves: +€28,166
- Gross operating margin -€126,142
down €126,142 (-21.5%), from €587,948 to €461,806
- Financial charges -€80,611
down €80,611 (-42.4%), from €190,220 to €109,608
- Financial income -€31,702
down €31,702 (-30.7%), from €103,271 to €71,569
- Staff costs +€26,977
up €26,977 (+19.5%), from €137,993 to €164,970
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 | €2,386,131 | €2,663,699 | +€277,568 | +11.6% |
| Fixed assets | 21/28 | €342,499 | €320,024 | -€22,476 | -6.6% |
| Tangible fixed assets | 22/27 | €342,499 | €320,024 | -€22,476 | -6.6% |
| Land and buildings | 22 | €331,972 | €310,436 | -€21,536 | -6.5% |
| Furniture and vehicles | 24 | €10,527 | €9,587 | -€939 | -8.9% |
| Current assets | 29/58 | €2,043,632 | €2,343,675 | +€300,043 | +14.7% |
| Stocks and contracts in progress | 3 | €522,521 | €429,762 | -€92,759 | -17.8% |
| Stocks | 30/36 | €522,521 | €429,762 | -€92,759 | -17.8% |
| Amounts receivable within one year | 40/41 | €255,236 | €706,841 | +€451,606 | +176.9% |
| Trade receivables | 40 | €182,430 | €558,162 | +€375,733 | +206.0% |
| Other amounts receivable | 41 | €72,806 | €148,679 | +€75,873 | +104.2% |
| Current investments | 50/53 | €557,098 | €520,201 | -€36,898 | -6.6% |
| Cash at bank and in hand | 54/58 | €697,082 | €673,016 | -€24,066 | -3.5% |
| Deferred charges and accrued income | 490/1 | €11,694 | €13,855 | +€2,161 | +18.5% |
| Total equity and liabilities | 10/49 | €2,386,131 | €2,663,699 | +€277,568 | +11.6% |
| Equity | 10/15 | €867,340 | €895,506 | +€28,166 | +3.2% |
| Contributions | 10/11 | €322,300 | €322,300 | = | 0.0% |
| Capital | 10 | €322,300 | €322,300 | = | 0.0% |
| Issued capital | 100 | €322,300 | €322,300 | = | 0.0% |
| Reserves | 13 | €545,040 | €573,206 | +€28,166 | +5.2% |
| Non-distributable reserves | 130/1 | €32,230 | €32,230 | = | 0.0% |
| Legal reserve | 130 | €32,230 | €32,230 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,558 | €20,558 | = | 0.0% |
| Distributable reserves | 133 | €492,251 | €520,417 | +€28,166 | +5.7% |
| Amounts payable | 17/49 | €1,518,791 | €1,768,193 | +€249,402 | +16.4% |
| Amounts payable after more than one year | 17 | €147,127 | €134,389 | -€12,738 | -8.7% |
| Financial debts | 170/4 | €147,127 | €134,389 | -€12,738 | -8.7% |
| Amounts payable within one year | 42/48 | €1,202,682 | €1,626,953 | +€424,271 | +35.3% |
| Current portion of amounts payable after more than one year | 42 | €12,533 | €12,738 | +€205 | +1.6% |
| Financial debts | 43 | €617,997 | €473,292 | -€144,705 | -23.4% |
| Credit institutions | 430/8 | €617,997 | €473,292 | -€144,705 | -23.4% |
| Trade debts | 44 | €545,965 | €1,053,799 | +€507,834 | +93.0% |
| Suppliers | 440/4 | €545,965 | €1,053,799 | +€507,834 | +93.0% |
| Advances received on contracts in progress | 46 | - | €55,425 | +€55,425 | |
| Taxes, remuneration and social security | 45 | €26,043 | €31,555 | +€5,512 | +21.2% |
| Taxes | 450/3 | €3,087 | €1,658 | -€1,429 | -46.3% |
| Remuneration and social security | 454/9 | €22,955 | €29,897 | +€6,941 | +30.2% |
| Other amounts payable | 47/48 | €144 | €144 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €168,982 | €6,851 | -€162,131 | -95.9% |
| Non-recurring operating income | 76A | - | €39,492 | +€39,492 | |
| Remuneration, social security and pensions | 62 | €137,993 | €164,970 | +€26,977 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,071 | €25,567 | -€504 | -1.9% |
| Other operating charges | 640/8 | €5,753 | €5,475 | -€278 | -4.8% |
| Non-recurring operating charges | 66A | €295,000 | €188,184 | -€106,816 | -36.2% |
| Gross operating margin | 9900 | €587,948 | €461,806 | -€126,142 | -21.5% |
| Operating profit (loss) | 9901 | €123,131 | €77,610 | -€45,521 | -37.0% |
| Financial income | 75/76B | €103,271 | €71,569 | -€31,702 | -30.7% |
| Recurring financial income | 75 | €103,271 | €71,569 | -€31,702 | -30.7% |
| Financial charges | 65/66B | €190,220 | €109,608 | -€80,611 | -42.4% |
| Recurring financial charges | 65 | €190,220 | €109,608 | -€80,611 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €36,182 | €39,571 | +€3,389 | +9.4% |
| Income taxes | 67/77 | €12,759 | €11,405 | -€1,354 | -10.6% |
| Profit (loss) for the period | 9904 | €23,423 | €28,166 | +€4,743 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,423 | €28,166 | +€4,743 | +20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.