PROFINA: 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.
PROFINA
Largest movements
- Receivables within one year +€22,800
up €22,800 (+34.6%), from €65,849 to €88,649
of which Trade receivables: +€22,800
- Tangible fixed assets -€20,375
down €20,375 (-1.1%), from €1.9m to €1.9m
of which Land and buildings: -€20,375
- Debts after one year -€111,446
down €111,446 (-7.9%), from €1.4m to €1.3m
- Other debts +€94,494
up €94,494 (+34.0%), from €278,223 to €372,717
- Gross operating margin +€8,356
up €8,356 (+7.4%), from €112,764 to €121,120
- Taxes +€3,463
up €3,463 (+1631.1%), from €212 to €3,675
- Depreciation +€2,489
up €2,489 (+4.1%), from €61,139 to €63,629
- Other operating charges +€2,230
up €2,230 (+19.0%), from €11,721 to €13,951
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 | €2,004,714 | €1,993,192 | -€11,522 | -0.6% |
| Fixed assets | 21/28 | €1,913,019 | €1,892,643 | -€20,375 | -1.1% |
| Tangible fixed assets | 22/27 | €1,913,019 | €1,892,643 | -€20,375 | -1.1% |
| Land and buildings | 22 | €1,911,227 | €1,890,852 | -€20,375 | -1.1% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €1,792 | €1,792 | = | 0.0% |
| Current assets | 29/58 | €91,695 | €100,548 | +€8,853 | +9.7% |
| Amounts receivable after more than one year | 29 | €600 | €1,200 | +€600 | +100.0% |
| Trade receivables | 290 | €600 | €1,200 | +€600 | +100.0% |
| Amounts receivable within one year | 40/41 | €65,849 | €88,649 | +€22,800 | +34.6% |
| Trade receivables | 40 | €64,200 | €87,000 | +€22,800 | +35.5% |
| Other amounts receivable | 41 | €1,649 | €1,649 | = | 0.0% |
| Current investments | 50/53 | €3,997 | €5,145 | +€1,149 | +28.7% |
| Cash at bank and in hand | 54/58 | €13,128 | €4,623 | -€8,505 | -64.8% |
| Deferred charges and accrued income | 490/1 | €8,121 | €931 | -€7,190 | -88.5% |
| Total equity and liabilities | 10/49 | €2,004,714 | €1,993,192 | -€11,522 | -0.6% |
| Equity | 10/15 | €181,416 | €190,451 | +€9,035 | +5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €240,668 | €240,668 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €238,668 | €238,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,452 | -€56,417 | +€9,035 | +13.8% |
| Amounts payable | 17/49 | €1,823,298 | €1,802,741 | -€20,557 | -1.1% |
| Amounts payable after more than one year | 17 | €1,412,316 | €1,300,870 | -€111,446 | -7.9% |
| Financial debts | 170/4 | €1,412,316 | €1,300,870 | -€111,446 | -7.9% |
| Amounts payable within one year | 42/48 | €410,982 | €501,871 | +€90,889 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €117,924 | €106,338 | -€11,586 | -9.8% |
| Trade debts | 44 | €14,444 | €19,140 | +€4,696 | +32.5% |
| Suppliers | 440/4 | €14,444 | €19,140 | +€4,696 | +32.5% |
| Taxes, remuneration and social security | 45 | €390 | €3,675 | +€3,285 | +841.2% |
| Taxes | 450/3 | €390 | €3,675 | +€3,285 | +841.2% |
| Other amounts payable | 47/48 | €278,223 | €372,717 | +€94,494 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,139 | €63,629 | +€2,489 | +4.1% |
| Other operating charges | 640/8 | €11,721 | €13,951 | +€2,230 | +19.0% |
| Gross operating margin | 9900 | €112,764 | €121,120 | +€8,356 | +7.4% |
| Operating profit (loss) | 9901 | €39,903 | €43,540 | +€3,637 | +9.1% |
| Financial income | 75/76B | €162 | €108 | -€54 | -33.1% |
| Recurring financial income | 75 | €162 | €108 | -€54 | -33.1% |
| Financial charges | 65/66B | €24,269 | €24,938 | +€670 | +2.8% |
| Recurring financial charges | 65 | €24,269 | €24,938 | +€670 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €15,797 | €18,710 | +€2,914 | +18.4% |
| Income taxes | 67/77 | €212 | €3,675 | +€3,463 | +1631.1% |
| Profit (loss) for the period | 9904 | €15,584 | €15,035 | -€549 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,584 | €15,035 | -€549 | -3.5% |
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 7 October 2026 via checked.be.