PROFILTECH: 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.
PROFILTECH
Largest movements
- Receivables within one year -€30,864
down €30,864 (-32.2%), from €95,835 to €64,970
of which Trade receivables: -€24,203
- Tangible fixed assets -€27,275
down €27,275 (-23.7%), from €114,853 to €87,578
- Cash -€18,520
down €18,520 (-56.6%), from €32,735 to €14,215
mainly Accrued charges and deferred income (-€42,573) and Trade debts (-€38,491)
- Accrued charges and deferred income -€42,573
no longer reported in 2025 (was €42,573)
- Trade debts -€38,491
down €38,491 (-40.8%), from €94,226 to €55,735
- Reserves +€11,116
up €11,116 (+75.1%), from €14,810 to €25,926
- Debts after one year -€10,091
down €10,091 (-25.3%), from €39,917 to €29,826
- Tax, wage and social debts +€7,543
up €7,543 (+71.9%), from €10,485 to €18,029
- Depreciation +€18,129
up €18,129 (+173.9%), from €10,427 to €28,556
- Gross operating margin -€5,497
down €5,497 (-9.7%), from €56,934 to €51,436
- Financial charges -€4,787
down €4,787 (-71.3%), from €6,717 to €1,929
- Taxes -€1,719
down €1,719 (-19.8%), from €8,698 to €6,978
- Other operating charges -€639
down €639 (-18.2%), from €3,506 to €2,867
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 | €246,430 | €167,985 | -€78,445 | -31.8% |
| Fixed assets | 21/28 | €114,853 | €87,578 | -€27,275 | -23.7% |
| Tangible fixed assets | 22/27 | €114,853 | €87,578 | -€27,275 | -23.7% |
| Furniture and vehicles | 24 | €114,853 | €87,578 | -€27,275 | -23.7% |
| Current assets | 29/58 | €131,577 | €80,407 | -€51,170 | -38.9% |
| Amounts receivable within one year | 40/41 | €95,835 | €64,970 | -€30,864 | -32.2% |
| Trade receivables | 40 | €72,936 | €48,732 | -€24,203 | -33.2% |
| Other amounts receivable | 41 | €22,899 | €16,238 | -€6,661 | -29.1% |
| Cash at bank and in hand | 54/58 | €32,735 | €14,215 | -€18,520 | -56.6% |
| Deferred charges and accrued income | 490/1 | €3,007 | €1,221 | -€1,786 | -59.4% |
| Total equity and liabilities | 10/49 | €246,430 | €167,985 | -€78,445 | -31.8% |
| Equity | 10/15 | €15,810 | €26,926 | +€11,116 | +70.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €14,810 | €25,926 | +€11,116 | +75.1% |
| Distributable reserves | 133 | €14,810 | €25,926 | +€11,116 | +75.1% |
| Amounts payable | 17/49 | €230,620 | €141,059 | -€89,561 | -38.8% |
| Amounts payable after more than one year | 17 | €39,917 | €29,826 | -€10,091 | -25.3% |
| Financial debts | 170/4 | €39,917 | €29,826 | -€10,091 | -25.3% |
| Amounts payable within one year | 42/48 | €148,130 | €111,233 | -€36,897 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €9,712 | €10,091 | +€379 | +3.9% |
| Trade debts | 44 | €94,226 | €55,735 | -€38,491 | -40.8% |
| Suppliers | 440/4 | €94,226 | €55,735 | -€38,491 | -40.8% |
| Advances received on contracts in progress | 46 | €8,980 | €3,200 | -€5,780 | -64.4% |
| Taxes, remuneration and social security | 45 | €10,485 | €18,029 | +€7,543 | +71.9% |
| Taxes | 450/3 | €10,485 | €18,029 | +€7,543 | +71.9% |
| Other amounts payable | 47/48 | €24,726 | €24,178 | -€548 | -2.2% |
| Accrued charges and deferred income | 492/3 | €42,573 | - | -€42,573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,427 | €28,556 | +€18,129 | +173.9% |
| Other operating charges | 640/8 | €3,506 | €2,867 | -€639 | -18.2% |
| Non-recurring operating charges | 66A | €11,092 | - | -€11,092 | |
| Gross operating margin | 9900 | €56,934 | €51,436 | -€5,497 | -9.7% |
| Operating profit (loss) | 9901 | €31,908 | €20,013 | -€11,895 | -37.3% |
| Financial income | 75/76B | €27 | €10 | -€16 | -61.8% |
| Recurring financial income | 75 | €27 | €10 | -€16 | -61.8% |
| Financial charges | 65/66B | €6,717 | €1,929 | -€4,787 | -71.3% |
| Recurring financial charges | 65 | €6,717 | €1,929 | -€4,787 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | €25,218 | €18,094 | -€7,124 | -28.2% |
| Income taxes | 67/77 | €8,698 | €6,978 | -€1,719 | -19.8% |
| Profit (loss) for the period | 9904 | €16,521 | €11,116 | -€5,405 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,521 | €11,116 | -€5,405 | -32.7% |
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 28 September 2026 via checked.be.