Profiniam: 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.
Profiniam
Largest movements
- Cash +€102,876
up €102,876 (+181.2%), from €56,781 to €159,657
mainly Net result for the year (+€66,466) and Trade debts (+€32,498)
- Deferred charges and accrued income +€23,830
up €23,830 (+1514.1%), from €1,574 to €25,404
- Receivables within one year +€16,541
up €16,541 (+25.3%), from €65,293 to €81,834
of which Other amounts receivable: +€16,740
- Reserves +€41,000
up €41,000 (+918.5%), from €4,464 to €45,464
of which Tax-exempt reserves: +€41,000
- Trade debts +€32,498
up €32,498 (+2737.5%), from €1,187 to €33,685
- Other debts +€31,481
up €31,481 (+105.3%), from €29,902 to €61,383
- Profit (loss) carried forward +€25,466
up €25,466 (+218.7%), from €11,644 to €37,110
- Advances received +€7,414
up €7,414 (+23.3%), from €31,763 to €39,176
- Gross operating margin +€39,563
up €39,563 (+221.2%), from €17,886 to €57,450
- Taxes -€34,003
down €34,003, from €24,510 to -€9,493
- Financial income +€908
new in 2024: €908
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 | €124,101 | €267,094 | +€142,993 | +115.2% |
| Fixed assets | 21/28 | €454 | €200 | -€254 | -56.0% |
| Tangible fixed assets | 22/27 | €454 | €200 | -€254 | -56.0% |
| Furniture and vehicles | 24 | €454 | €200 | -€254 | -56.0% |
| Current assets | 29/58 | €123,647 | €266,895 | +€143,247 | +115.9% |
| Amounts receivable within one year | 40/41 | €65,293 | €81,834 | +€16,541 | +25.3% |
| Trade receivables | 40 | €58,420 | €58,221 | -€199 | -0.3% |
| Other amounts receivable | 41 | €6,873 | €23,613 | +€16,740 | +243.6% |
| Cash at bank and in hand | 54/58 | €56,781 | €159,657 | +€102,876 | +181.2% |
| Deferred charges and accrued income | 490/1 | €1,574 | €25,404 | +€23,830 | +1514.1% |
| Total equity and liabilities | 10/49 | €124,101 | €267,094 | +€142,993 | +115.2% |
| Equity | 10/15 | €60,748 | €127,214 | +€66,466 | +109.4% |
| Contributions | 10/11 | €44,640 | €44,640 | = | 0.0% |
| Reserves | 13 | €4,464 | €45,464 | +€41,000 | +918.5% |
| Non-distributable reserves | 130/1 | €4,464 | €4,464 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,464 | €4,464 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €41,000 | +€41,000 | |
| Profit (loss) carried forward | 14 | €11,644 | €37,110 | +€25,466 | +218.7% |
| Amounts payable | 17/49 | €63,353 | €139,881 | +€76,527 | +120.8% |
| Amounts payable within one year | 42/48 | €63,353 | €139,881 | +€76,527 | +120.8% |
| Trade debts | 44 | €1,187 | €33,685 | +€32,498 | +2737.5% |
| Suppliers | 440/4 | €1,187 | €33,685 | +€32,498 | +2737.5% |
| Advances received on contracts in progress | 46 | €31,763 | €39,176 | +€7,414 | +23.3% |
| Taxes, remuneration and social security | 45 | €502 | €5,636 | +€5,134 | +1022.4% |
| Taxes | 450/3 | €502 | €5,636 | +€5,134 | +1022.4% |
| Other amounts payable | 47/48 | €29,902 | €61,383 | +€31,481 | +105.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €254 | = | 0.0% |
| Other operating charges | 640/8 | €950 | €1,061 | +€111 | +11.6% |
| Gross operating margin | 9900 | €17,886 | €57,450 | +€39,563 | +221.2% |
| Operating profit (loss) | 9901 | €16,682 | €56,135 | +€39,453 | +236.5% |
| Financial income | 75/76B | - | €908 | +€908 | |
| Recurring financial income | 75 | - | €908 | +€908 | |
| Financial charges | 65/66B | €66 | €70 | +€4 | +5.7% |
| Recurring financial charges | 65 | €66 | €70 | +€4 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €16,616 | €56,973 | +€40,357 | +242.9% |
| Income taxes | 67/77 | €24,510 | -€9,493 | -€34,003 | |
| Profit (loss) for the period | 9904 | -€7,894 | €66,466 | +€74,360 | |
| Transfer to tax-exempt reserves | 689 | - | €41,000 | +€41,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,894 | €25,466 | +€33,360 |
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 5 October 2026 via checked.be.