PROFIMCO: what changed
What changed
PROFIMCO
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€16,859
2024 · €37,245-€20,387
Equity
€758,505
2024 · €741,646+€16,859
Cash
€226,654
2024 · €12,916+€213,738
Balance sheet total
€2.2m
2024 · €1.7m+€584,421
Largest movements
Assets
- Stocks and contracts +€427,991
up €427,991 (+62.3%), from €686,553 to €1.1m
- Cash +€213,738
up €213,738 (+1,655%), from €12,916 to €226,654
mainly Debts after one year (+€497,500) and Depreciation (+€59,324)
- Tangible fixed assets -€51,988
down €51,988 (-5.5%), from €948,497 to €896,508
of which Land and buildings: -€35,093
Equity and liabilities
- Debts after one year +€497,500
up €497,500 (+59.2%), from €840,500 to €1.3m
of which Financial debts: +€477,500
- Trade debts +€36,692
up €36,692 (+181%), from €20,304 to €56,995
Income statement
- Gross operating margin -€25,505
down €25,505 (-14.6%), from €175,214 to €149,709
- Financial charges -€14,695
down €14,695 (-30.1%), from €48,841 to €34,145
- Other operating charges +€11,125
up €11,125 (+76.7%), from €14,500 to €25,625
- Taxes -€1,999
down €1,999 (-14.9%), from €13,456 to €11,456
- Depreciation -€1,848
down €1,848 (-3.0%), from €61,172 to €59,324
Change in the result, 2024 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 2024
€37,245
Gross operating margin
-€25,505
Depreciation
+€1,848
Other operating charges
-€11,125
Other operating items
-€3,839
Financial income
+€1,539
Financial charges
+€14,695
Taxes
+€1,999
Result 2025
€16,859
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€288,927
Investment
-€7,336
Financing
+€510,000
Cash 2024
€12,916
From operations (derived)
-€288,927
Net result for the year
+€16,859
Depreciation
+€59,324
Stocks and contracts
-€427,991
Receivables within one year
+€844
Deferred charges and accrued income
+€4,476
Trade debts
+€36,692
Tax, wage and social debts
+€12,048
Other debts
+€3,741
Accrued charges and deferred income
+€5,081
Investment (derived)
-€7,336
Investment in fixed assets (net)
-€7,336
Financing
+€510,000
Debts after one year
+€497,500
Current portion of long-term debt
+€12,500
Cash 2025
€226,654
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,663,479 | €2,247,900 | +€584,421 | +35.1% |
| Fixed assets | 21/28 | €948,497 | €896,508 | -€51,988 | -5.5% |
| Tangible fixed assets | 22/27 | €948,497 | €896,508 | -€51,988 | -5.5% |
| Land and buildings | 22 | €865,768 | €830,675 | -€35,093 | -4.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €82,729 | €65,833 | -€16,895 | -20.4% |
| Current assets | 29/58 | €714,982 | €1,351,392 | +€636,409 | +89.0% |
| Stocks and contracts in progress | 3 | €686,553 | €1,114,544 | +€427,991 | +62.3% |
| Stocks | 30/36 | €686,553 | €1,114,544 | +€427,991 | +62.3% |
| Amounts receivable within one year | 40/41 | €2,804 | €1,961 | -€844 | -30.1% |
| Trade receivables | 40 | €1,234 | €322 | -€912 | -73.9% |
| Other amounts receivable | 41 | €1,570 | €1,639 | +€69 | +4.4% |
| Cash at bank and in hand | 54/58 | €12,916 | €226,654 | +€213,738 | +1,655% |
| Deferred charges and accrued income | 490/1 | €12,709 | €8,233 | -€4,476 | -35.2% |
| Total equity and liabilities | 10/49 | €1,663,479 | €2,247,900 | +€584,421 | +35.1% |
| Equity | 10/15 | €741,646 | €758,505 | +€16,859 | +2.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €723,096 | €739,955 | +€16,859 | +2.3% |
| Distributable reserves | 133 | €723,096 | €739,955 | +€16,859 | +2.3% |
| Amounts payable | 17/49 | €921,833 | €1,489,395 | +€567,562 | +61.6% |
| Amounts payable after more than one year | 17 | €840,500 | €1,338,000 | +€497,500 | +59.2% |
| Financial debts | 170/4 | €830,000 | €1,307,500 | +€477,500 | +57.5% |
| Other amounts payable | 178/9 | €10,500 | €30,500 | +€20,000 | +190% |
| Amounts payable within one year | 42/48 | €55,374 | €120,355 | +€64,980 | +117% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €42,500 | +€12,500 | +41.7% |
| Trade debts | 44 | €20,304 | €56,995 | +€36,692 | +181% |
| Suppliers | 440/4 | €20,304 | €56,995 | +€36,692 | +181% |
| Taxes, remuneration and social security | 45 | €3,243 | €15,291 | +€12,048 | +372% |
| Taxes | 450/3 | €3,243 | €15,291 | +€12,048 | +372% |
| Other amounts payable | 47/48 | €1,828 | €5,569 | +€3,741 | +205% |
| Accrued charges and deferred income | 492/3 | €25,959 | €31,040 | +€5,081 | +19.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,172 | €59,324 | -€1,848 | -3.0% |
| Other operating charges | 640/8 | €14,500 | €25,625 | +€11,125 | +76.7% |
| Non-recurring operating charges | 66A | - | €3,839 | +€3,839 | |
| Gross operating margin | 9900 | €175,214 | €149,709 | -€25,505 | -14.6% |
| Operating profit (loss) | 9901 | €99,541 | €60,922 | -€38,620 | -38.8% |
| Financial income | 75/76B | €1 | €1,539 | +€1,539 | +284,943% |
| Recurring financial income | 75 | €1 | €1,539 | +€1,539 | +284,943% |
| Financial charges | 65/66B | €48,841 | €34,145 | -€14,695 | -30.1% |
| Recurring financial charges | 65 | €48,841 | €34,145 | -€14,695 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €50,701 | €28,315 | -€22,386 | -44.2% |
| Income taxes | 67/77 | €13,456 | €11,456 | -€1,999 | -14.9% |
| Profit (loss) for the period | 9904 | €37,245 | €16,859 | -€20,387 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,245 | €16,859 | -€20,387 | -54.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.