ProFin: 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.
ProFin
Largest movements
- Cash +€150,956
up €150,956 (+318.0%), from €47,475 to €198,431
mainly Receivables after one year (+€110,000) and Depreciation (+€79,961)
- Receivables after one year -€110,000
down €110,000 (-85.6%), from €128,554 to €18,554
- Intangible fixed assets -€48,967
down €48,967 (-23.6%), from €207,767 to €158,800
- Tangible fixed assets -€24,603
down €24,603 (-6.2%), from €396,612 to €372,009
of which Furniture and vehicles: -€12,825
- Debts after one year -€78,573
down €78,573 (-15.3%), from €514,250 to €435,677
- Reserves +€55,701
up €55,701 (+44.2%), from €126,026 to €181,727
of which Distributable reserves: +€55,701
- Tax, wage and social debts -€29,871
down €29,871 (-46.0%), from €64,995 to €35,124
of which Remuneration and social security: -€15,950
- Trade debts +€13,416
up €13,416 (+41.1%), from €32,670 to €46,086
- Gross operating margin -€37,512
down €37,512 (-9.7%), from €388,669 to €351,157
- Staff costs -€27,644
down €27,644 (-14.1%), from €196,543 to €168,899
- Other operating charges +€10,072
up €10,072 (+257.3%), from €3,915 to €13,987
- Taxes -€8,595
down €8,595 (-22.9%), from €37,501 to €28,906
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €838,556 | €799,889 | -€38,667 | -4.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €604,679 | €531,109 | -€73,570 | -12.2% |
| Intangible fixed assets | 21 | €207,767 | €158,800 | -€48,967 | -23.6% |
| Tangible fixed assets | 22/27 | €396,612 | €372,009 | -€24,603 | -6.2% |
| Land and buildings | 22 | €349,692 | €337,913 | -€11,779 | -3.4% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €46,921 | €34,096 | -€12,825 | -27.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €233,877 | €268,780 | +€34,903 | +14.9% |
| Amounts receivable after more than one year | 29 | €128,554 | €18,554 | -€110,000 | -85.6% |
| Other amounts receivable | 291 | €128,554 | €18,554 | -€110,000 | -85.6% |
| Amounts receivable within one year | 40/41 | €53,450 | €49,921 | -€3,529 | -6.6% |
| Trade receivables | 40 | €40,110 | - | -€40,110 | |
| Other amounts receivable | 41 | €13,339 | €49,921 | +€36,581 | +274.2% |
| Cash at bank and in hand | 54/58 | €47,475 | €198,431 | +€150,956 | +318.0% |
| Deferred charges and accrued income | 490/1 | €4,399 | €1,875 | -€2,524 | -57.4% |
| Total equity and liabilities | 10/49 | €838,556 | €799,889 | -€38,667 | -4.6% |
| Equity | 10/15 | €136,401 | €192,102 | +€55,701 | +40.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,026 | €181,727 | +€55,701 | +44.2% |
| Non-distributable reserves | 130/1 | €3,284 | €3,284 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,284 | €3,284 | = | 0.0% |
| Distributable reserves | 133 | €122,742 | €178,443 | +€55,701 | +45.4% |
| Profit (loss) carried forward | 14 | -€2,025 | -€2,025 | = | 0.0% |
| Amounts payable | 17/49 | €702,155 | €607,787 | -€94,368 | -13.4% |
| Amounts payable after more than one year | 17 | €514,250 | €435,677 | -€78,573 | -15.3% |
| Financial debts | 170/4 | €514,250 | €435,677 | -€78,573 | -15.3% |
| Amounts payable within one year | 42/48 | €187,905 | €172,110 | -€15,796 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €80,448 | €81,156 | +€708 | +0.9% |
| Trade debts | 44 | €32,670 | €46,086 | +€13,416 | +41.1% |
| Suppliers | 440/4 | €32,670 | €46,086 | +€13,416 | +41.1% |
| Taxes, remuneration and social security | 45 | €64,995 | €35,124 | -€29,871 | -46.0% |
| Taxes | 450/3 | €28,630 | €14,709 | -€13,921 | -48.6% |
| Remuneration and social security | 454/9 | €36,365 | €20,415 | -€15,950 | -43.9% |
| Other amounts payable | 47/48 | €9,793 | €9,744 | -€49 | -0.5% |
| Remuneration, social security and pensions | 62 | €196,543 | €168,899 | -€27,644 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,088 | €79,961 | -€2,127 | -2.6% |
| Other operating charges | 640/8 | €3,915 | €13,987 | +€10,072 | +257.3% |
| Gross operating margin | 9900 | €388,669 | €351,157 | -€37,512 | -9.7% |
| Operating profit (loss) | 9901 | €106,123 | €88,309 | -€17,813 | -16.8% |
| Financial income | 75/76B | €6,755 | €3,607 | -€3,148 | -46.6% |
| Recurring financial income | 75 | €6,755 | €3,607 | -€3,148 | -46.6% |
| Financial charges | 65/66B | €4,948 | €7,309 | +€2,361 | +47.7% |
| Recurring financial charges | 65 | €4,948 | €7,309 | +€2,361 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €107,930 | €84,607 | -€23,323 | -21.6% |
| Income taxes | 67/77 | €37,501 | €28,906 | -€8,595 | -22.9% |
| Profit (loss) for the period | 9904 | €70,429 | €55,701 | -€14,728 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,429 | €55,701 | -€14,728 | -20.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.