PROFIPLUS: 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.
PROFIPLUS
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+115.1%), from €1.3m to €2.9m
of which Trade receivables: +€1.6m
- Tangible fixed assets +€1.0m
up €1.0m (+204.9%), from €493,858 to €1.5m
of which Land and buildings: +€1.0m
- Trade debts +€1.5m
up €1.5m (+107.8%), from €1.4m to €2.8m
- Debts after one year +€844,591
up €844,591 (+594.1%), from €142,168 to €986,760
- Reserves +€196,581
up €196,581 (+19.7%), from €996,660 to €1.2m
of which Distributable reserves: +€114,907
- Current portion of long-term debt +€52,545
up €52,545 (+104.5%), from €50,273 to €102,818
- Gross operating margin +€517,911
up €517,911 (+172.7%), from €299,908 to €817,820
- Other operating charges +€129,625
up €129,625 (+826.3%), from €15,688 to €145,313
- Taxes +€108,325
up €108,325 (+362.0%), from €29,925 to €138,250
- Staff costs +€30,177
up €30,177 (+85.9%), from €35,143 to €65,320
- Depreciation +€14,176
up €14,176 (+35.7%), from €39,654 to €53,830
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 | €2,659,252 | €5,230,194 | +€2.6m | +96.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €494,060 | €1,506,800 | +€1.0m | +205.0% |
| Tangible fixed assets | 22/27 | €493,858 | €1,505,746 | +€1.0m | +204.9% |
| Land and buildings | 22 | €463,506 | €1,475,640 | +€1.0m | +218.4% |
| Plant, machinery and equipment | 23 | €9,278 | €6,965 | -€2,313 | -24.9% |
| Furniture and vehicles | 24 | €5,378 | €8,766 | +€3,388 | +63.0% |
| Other tangible fixed assets | 26 | €6,696 | €5,375 | -€1,320 | -19.7% |
| Assets under construction and advance payments | 27 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €202 | €1,054 | +€852 | +421.7% |
| Current assets | 29/58 | €2,165,192 | €3,723,394 | +€1.6m | +72.0% |
| Amounts receivable within one year | 40/41 | €1,325,753 | €2,851,168 | +€1.5m | +115.1% |
| Trade receivables | 40 | €1,262,589 | €2,841,838 | +€1.6m | +125.1% |
| Other amounts receivable | 41 | €63,164 | €9,329 | -€53,835 | -85.2% |
| Cash at bank and in hand | 54/58 | €839,439 | €872,226 | +€32,787 | +3.9% |
| Total equity and liabilities | 10/49 | €2,659,252 | €5,230,194 | +€2.6m | +96.7% |
| Equity | 10/15 | €1,088,193 | €1,284,774 | +€196,581 | +18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €996,660 | €1,193,240 | +€196,581 | +19.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €81,674 | +€81,674 | |
| Distributable reserves | 133 | €994,801 | €1,109,707 | +€114,907 | +11.6% |
| Profit (loss) carried forward | 14 | €72,934 | €72,934 | = | 0.0% |
| Amounts payable | 17/49 | €1,571,059 | €3,945,420 | +€2.4m | +151.1% |
| Amounts payable after more than one year | 17 | €142,168 | €986,760 | +€844,591 | +594.1% |
| Financial debts | 170/4 | €142,168 | €986,760 | +€844,591 | +594.1% |
| Amounts payable within one year | 42/48 | €1,428,891 | €2,958,660 | +€1.5m | +107.1% |
| Current portion of amounts payable after more than one year | 42 | €50,273 | €102,818 | +€52,545 | +104.5% |
| Financial debts | 43 | €15,171 | €15,108 | -€64 | -0.4% |
| Other loans | 439 | €15,171 | €15,108 | -€64 | -0.4% |
| Trade debts | 44 | €1,355,201 | €2,815,435 | +€1.5m | +107.8% |
| Suppliers | 440/4 | €1,355,201 | €2,815,435 | +€1.5m | +107.8% |
| Taxes, remuneration and social security | 45 | €8,246 | €25,300 | +€17,054 | +206.8% |
| Taxes | 450/3 | - | €14,183 | +€14,183 | |
| Remuneration and social security | 454/9 | €8,246 | €11,116 | +€2,871 | +34.8% |
| Remuneration, social security and pensions | 62 | €35,143 | €65,320 | +€30,177 | +85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,654 | €53,830 | +€14,176 | +35.7% |
| Other operating charges | 640/8 | €15,688 | €145,313 | +€129,625 | +826.3% |
| Gross operating margin | 9900 | €299,908 | €817,820 | +€517,911 | +172.7% |
| Operating profit (loss) | 9901 | €209,423 | €553,357 | +€343,933 | +164.2% |
| Financial income | 75/76B | €1,987 | €1,320 | -€667 | -33.6% |
| Recurring financial income | 75 | €1,987 | €1,320 | -€667 | -33.6% |
| Financial charges | 65/66B | €94,130 | €107,162 | +€13,032 | +13.8% |
| Recurring financial charges | 65 | €94,130 | €107,162 | +€13,032 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €117,281 | €447,515 | +€330,234 | +281.6% |
| Income taxes | 67/77 | €29,925 | €138,250 | +€108,325 | +362.0% |
| Profit (loss) for the period | 9904 | €87,356 | €309,264 | +€221,909 | +254.0% |
| Transfer to tax-exempt reserves | 689 | - | €81,674 | +€81,674 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,356 | €227,590 | +€140,235 | +160.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.