PROFISH TECHNOLOGY: 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.
PROFISH TECHNOLOGY
Largest movements
- Receivables within one year -€121,428
down €121,428 (-37.5%), from €323,973 to €202,545
of which Trade receivables: -€114,585
- Current investments +€27,149
up €27,149 (+190.0%), from €14,286 to €41,434
- Cash +€19,070
up €19,070 (+36.8%), from €51,775 to €70,845
mainly Receivables within one year (+€121,428) and Net result for the year (+€48,372)
- Tangible fixed assets -€12,129
down €12,129 (-21.2%), from €57,170 to €45,041
of which Furniture and vehicles: -€6,564
- Trade debts -€45,996
down €45,996 (-48.3%), from €95,194 to €49,198
- Advances received -€44,322
down €44,322 (-78.2%), from €56,714 to €12,392
- Reserves +€24,815
up €24,815 (+80.9%), from €30,671 to €55,486
of which Distributable reserves: +€23,000
- Profit (loss) carried forward +€16,557
up €16,557 (+32.1%), from €51,506 to €68,063
- Other debts -€16,106
down €16,106 (-26.4%), from €61,119 to €45,012
- Gross operating margin +€63,559
up €63,559 (+32.7%), from €194,412 to €257,972
- Staff costs +€18,157
up €18,157 (+12.2%), from €148,508 to €166,665
- Depreciation -€5,654
down €5,654 (-17.1%), from €33,073 to €27,420
- Financial income -€5,555
down €5,555 (-93.4%), from €5,946 to €392
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 | €451,865 | €364,555 | -€87,310 | -19.3% |
| Fixed assets | 21/28 | €60,988 | €48,888 | -€12,100 | -19.8% |
| Tangible fixed assets | 22/27 | €57,170 | €45,041 | -€12,129 | -21.2% |
| Plant, machinery and equipment | 23 | €26,212 | €21,804 | -€4,408 | -16.8% |
| Furniture and vehicles | 24 | €19,509 | €12,945 | -€6,564 | -33.6% |
| Other tangible fixed assets | 26 | €11,449 | €10,292 | -€1,156 | -10.1% |
| Financial fixed assets | 28 | €3,818 | €3,847 | +€29 | +0.8% |
| Current assets | 29/58 | €390,877 | €315,667 | -€75,210 | -19.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €323,973 | €202,545 | -€121,428 | -37.5% |
| Trade receivables | 40 | €314,670 | €200,085 | -€114,585 | -36.4% |
| Other amounts receivable | 41 | €9,303 | €2,460 | -€6,843 | -73.6% |
| Current investments | 50/53 | €14,286 | €41,434 | +€27,149 | +190.0% |
| Cash at bank and in hand | 54/58 | €51,775 | €70,845 | +€19,070 | +36.8% |
| Deferred charges and accrued income | 490/1 | €845 | €844 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €451,865 | €364,555 | -€87,310 | -19.3% |
| Equity | 10/15 | €164,176 | €205,549 | +€41,372 | +25.2% |
| Contributions | 10/11 | €82,000 | €82,000 | = | 0.0% |
| Capital | 10 | €82,000 | €82,000 | = | 0.0% |
| Issued capital | 100 | €82,000 | €82,000 | = | 0.0% |
| Reserves | 13 | €30,671 | €55,486 | +€24,815 | +80.9% |
| Non-distributable reserves | 130/1 | €20,671 | €22,486 | +€1,815 | +8.8% |
| Legal reserve | 130 | €6,385 | €8,200 | +€1,815 | +28.4% |
| Own shares acquired | 1312 | €14,286 | €14,286 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €33,000 | +€23,000 | +230.0% |
| Profit (loss) carried forward | 14 | €51,506 | €68,063 | +€16,557 | +32.1% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €287,689 | €159,007 | -€128,682 | -44.7% |
| Amounts payable after more than one year | 17 | €1,067 | €0 | -€1,067 | -100.0% |
| Financial debts | 170/4 | €1,067 | €0 | -€1,067 | -100.0% |
| Amounts payable within one year | 42/48 | €285,211 | €158,139 | -€127,072 | -44.6% |
| Current portion of amounts payable after more than one year | 42 | €12,403 | €1,067 | -€11,336 | -91.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €95,194 | €49,198 | -€45,996 | -48.3% |
| Suppliers | 440/4 | €95,194 | €49,198 | -€45,996 | -48.3% |
| Advances received on contracts in progress | 46 | €56,714 | €12,392 | -€44,322 | -78.2% |
| Taxes, remuneration and social security | 45 | €59,782 | €50,470 | -€9,312 | -15.6% |
| Taxes | 450/3 | €12,932 | €16,735 | +€3,803 | +29.4% |
| Remuneration and social security | 454/9 | €46,850 | €33,735 | -€13,115 | -28.0% |
| Other amounts payable | 47/48 | €61,119 | €45,012 | -€16,106 | -26.4% |
| Accrued charges and deferred income | 492/3 | €1,410 | €868 | -€543 | -38.5% |
| Remuneration, social security and pensions | 62 | €148,508 | €166,665 | +€18,157 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,073 | €27,420 | -€5,654 | -17.1% |
| Other operating charges | 640/8 | €4,544 | €5,340 | +€797 | +17.5% |
| Non-recurring operating charges | 66A | €4,407 | €1,395 | -€3,012 | -68.4% |
| Gross operating margin | 9900 | €194,412 | €257,972 | +€63,559 | +32.7% |
| Operating profit (loss) | 9901 | €3,881 | €57,153 | +€53,272 | +1372.8% |
| Financial income | 75/76B | €5,946 | €392 | -€5,555 | -93.4% |
| Recurring financial income | 75 | €5,946 | €392 | -€5,555 | -93.4% |
| Financial charges | 65/66B | €6,400 | €3,821 | -€2,579 | -40.3% |
| Recurring financial charges | 65 | €6,400 | €3,821 | -€2,579 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €3,427 | €53,723 | +€50,296 | +1467.5% |
| Income taxes | 67/77 | €3,343 | €5,351 | +€2,008 | +60.1% |
| Profit (loss) for the period | 9904 | €84 | €48,372 | +€48,288 | +57158.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84 | €48,372 | +€48,288 | +57158.9% |
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 1 October 2026 via checked.be.