PROFINE BELUX: what changed
Two financial 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.
What changed
PROFINE BELUX
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€233,119
2024 · €437,955-€204,836
Equity
€915,262
2024 · €1.1m-€166,881
Cash
€235,363
2024 · €333,141-€97,778
Balance sheet total
€1.4m
2024 · €1.8m-€317,346
Largest movements
Assets
- Receivables within one year -€152,505
down €152,505 (-14.3%), from €1.1m to €911,837
- Cash -€97,778
down €97,778 (-29.4%), from €333,141 to €235,363
mainly Contributions, distributions and other (-€400,000) and Tax, wage and social debts (-€113,136)
- Intangible fixed assets -€76,940
down €76,940 (-49.6%), from €155,242 to €78,302
- Deferred charges and accrued income +€30,898
up €30,898 (+44.3%), from €69,708 to €100,606
Equity and liabilities
- Profit (loss) carried forward -€166,881
down €166,881 (-15.7%), from €1.1m to €894,802
- Tax, wage and social debts -€113,136
down €113,136 (-37.1%), from €305,027 to €191,891
of which Taxes: -€123,533
- Trade debts -€37,329
down €37,329 (-10.2%), from €365,366 to €328,037
Income statement
- Goods and materials -€703,115
down €703,115 (-6.0%), from €11.7m to €11.0m
- Turnover -€695,295
down €695,295 (-4.4%), from €15.9m to €15.2m
- Services and other goods +€188,953
up €188,953 (+7.7%), from €2.5m to €2.6m
- Other operating income +€179,326
up €179,326 (+642%), from €27,912 to €207,238
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.
Result 2024
€437,955
Turnover
-€695,295
Other operating income
+€179,326
Goods and materials
+€703,115
Services and other goods
-€188,953
Staff costs
-€61,465
Depreciation
-€14,642
Write-downs
-€127,760
Other operating charges
-€239
Other operating items
-€30,002
Financial income
+€21,038
Financial charges
+€37,866
Other financial items
-€72,736
Taxes
+€44,911
Result 2025
€233,119
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€341,203
Investment
-€38,981
Financing
-€400,000
Cash 2024
€333,141
From operations (derived)
+€341,203
Net result for the year
+€233,119
Depreciation
+€131,018
Stocks and contracts
+€5,924
Receivables within one year
+€152,505
Deferred charges and accrued income
-€30,898
Trade debts
-€37,329
Tax, wage and social debts
-€113,136
Investment (derived)
-€38,981
Investment in fixed assets (net)
-€38,981
Financing
-€400,000
Contributions, distributions and other
-€400,000
Not broken down
-€1
Cash 2025
€235,363
brings cash intakes cash outdifference the filed balance sheets leave
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,752,537 | €1,435,191 | -€317,346 | -18.1% |
| Fixed assets | 21/28 | €267,004 | €174,967 | -€92,037 | -34.5% |
| Intangible fixed assets | 21 | €155,242 | €78,302 | -€76,940 | -49.6% |
| Tangible fixed assets | 22/27 | €111,762 | €96,665 | -€15,097 | -13.5% |
| Furniture and vehicles | 24 | €111,762 | €96,665 | -€15,097 | -13.5% |
| Current assets | 29/58 | €1,485,533 | €1,260,224 | -€225,309 | -15.2% |
| Stocks and contracts in progress | 3 | €18,342 | €12,419 | -€5,924 | -32.3% |
| Stocks | 30/36 | €18,342 | €12,419 | -€5,924 | -32.3% |
| Goods purchased for resale | 34 | €18,342 | €12,419 | -€5,924 | -32.3% |
| Amounts receivable within one year | 40/41 | €1,064,342 | €911,837 | -€152,505 | -14.3% |
| Trade receivables | 40 | €1,064,342 | €911,837 | -€152,505 | -14.3% |
| Cash at bank and in hand | 54/58 | €333,141 | €235,363 | -€97,778 | -29.4% |
| Deferred charges and accrued income | 490/1 | €69,708 | €100,606 | +€30,898 | +44.3% |
| Total equity and liabilities | 10/49 | €1,752,537 | €1,435,191 | -€317,346 | -18.1% |
| Equity | 10/15 | €1,082,143 | €915,262 | -€166,881 | -15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,061,683 | €894,802 | -€166,881 | -15.7% |
| Amounts payable | 17/49 | €670,393 | €519,928 | -€150,465 | -22.4% |
| Amounts payable within one year | 42/48 | €670,393 | €519,928 | -€150,465 | -22.4% |
| Trade debts | 44 | €365,366 | €328,037 | -€37,329 | -10.2% |
| Suppliers | 440/4 | €365,366 | €328,037 | -€37,329 | -10.2% |
| Taxes, remuneration and social security | 45 | €305,027 | €191,891 | -€113,136 | -37.1% |
| Taxes | 450/3 | €205,914 | €82,381 | -€123,533 | -60.0% |
| Remuneration and social security | 454/9 | €99,113 | €109,510 | +€10,397 | +10.5% |
| Operating income | 70/76A | €15,903,352 | €15,387,383 | -€515,969 | -3.2% |
| Turnover | 70 | €15,875,440 | €15,180,145 | -€695,295 | -4.4% |
| Other operating income | 74 | €27,912 | €207,238 | +€179,326 | +642% |
| Operating charges | 60/66A | €15,008,344 | €14,728,288 | -€280,056 | -1.9% |
| Goods for resale, raw materials and consumables | 60 | €11,705,152 | €11,002,037 | -€703,115 | -6.0% |
| Purchases | 600/8 | - | €10,996,113 | +€11.0m | |
| Change in stocks: decrease (increase) | 609 | €2,934 | €5,924 | +€2,990 | +102% |
| Services and other goods | 61 | €2,457,781 | €2,646,734 | +€188,953 | +7.7% |
| Remuneration, social security and pensions | 62 | €829,502 | €890,967 | +€61,465 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,376 | €131,018 | +€14,642 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€102,983 | €24,777 | +€127,760 | |
| Other operating charges | 640/8 | €2,517 | €2,756 | +€239 | +9.5% |
| Non-recurring operating charges | 66A | - | €30,000 | +€30,000 | |
| Operating profit (loss) | 9901 | €895,009 | €659,095 | -€235,914 | -26.4% |
| Financial income | 75/76B | - | €21,038 | +€21,038 | |
| Recurring financial income | 75 | €72,736 | €21,038 | -€51,698 | -71.1% |
| Income from current assets | 751 | €72,578 | €13,263 | -€59,315 | -81.7% |
| Other financial income | 752/9 | €158 | €7,775 | +€7,617 | +4,821% |
| Financial charges | 65/66B | €364,923 | €327,057 | -€37,866 | -10.4% |
| Recurring financial charges | 65 | €364,923 | €327,057 | -€37,866 | -10.4% |
| Other financial charges | 652/9 | €364,923 | €327,057 | -€37,866 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €602,822 | €353,075 | -€249,747 | -41.4% |
| Income taxes | 67/77 | €164,867 | €119,956 | -€44,911 | -27.2% |
| Taxes | 670/3 | €164,867 | €119,956 | -€44,911 | -27.2% |
| Profit (loss) for the period | 9904 | €437,955 | €233,119 | -€204,836 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €437,955 | €233,119 | -€204,836 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.