PROFISK: 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.
PROFISK
Largest movements
- Cash -€9,993
down €9,993 (-39.6%), from €25,252 to €15,259
mainly Accrued charges and deferred income (-€13,422) and Receivables within one year (-€8,653)
- Receivables within one year +€8,653
up €8,653 (+4.5%), from €193,068 to €201,722
of which Trade receivables: +€5,975
- Tangible fixed assets -€8,363
down €8,363 (-43.3%), from €19,333 to €10,969
- Deferred charges and accrued income +€4,867
new in 2025: €4,867
- Accrued charges and deferred income -€13,422
no longer reported in 2025 (was €13,422)
- Trade debts +€7,165
up €7,165 (+4.8%), from €148,952 to €156,116
- Reserves +€5,829
up €5,829 (+20.3%), from €28,649 to €34,478
of which Distributable reserves: +€5,829
- Debts after one year -€4,100
down €4,100 (-40.2%), from €10,189 to €6,088
- Staff costs +€13,537
up €13,537 (+22.3%), from €60,743 to €74,280
- Gross operating margin +€7,631
up €7,631 (+8.7%), from €87,938 to €95,569
- Taxes -€1,905
down €1,905 (-44.4%), from €4,295 to €2,390
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,653 | €232,816 | -€4,837 | -2.0% |
| Fixed assets | 21/28 | €19,333 | €10,969 | -€8,363 | -43.3% |
| Tangible fixed assets | 22/27 | €19,333 | €10,969 | -€8,363 | -43.3% |
| Furniture and vehicles | 24 | €19,333 | €10,969 | -€8,363 | -43.3% |
| Current assets | 29/58 | €218,321 | €221,847 | +€3,527 | +1.6% |
| Amounts receivable within one year | 40/41 | €193,068 | €201,722 | +€8,653 | +4.5% |
| Trade receivables | 40 | €166,439 | €172,414 | +€5,975 | +3.6% |
| Other amounts receivable | 41 | €26,629 | €29,307 | +€2,679 | +10.1% |
| Cash at bank and in hand | 54/58 | €25,252 | €15,259 | -€9,993 | -39.6% |
| Deferred charges and accrued income | 490/1 | - | €4,867 | +€4,867 | |
| Total equity and liabilities | 10/49 | €237,653 | €232,816 | -€4,837 | -2.0% |
| Equity | 10/15 | €48,222 | €54,051 | +€5,829 | +12.1% |
| Contributions | 10/11 | €12,469 | €12,469 | = | 0.0% |
| Contributions outside capital | 11 | €12,469 | €12,469 | = | 0.0% |
| Other | 1109/19 | €12,469 | €12,469 | = | 0.0% |
| Reserves | 13 | €28,649 | €34,478 | +€5,829 | +20.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €26,790 | €32,619 | +€5,829 | +21.8% |
| Profit (loss) carried forward | 14 | €7,104 | €7,104 | = | 0.0% |
| Amounts payable | 17/49 | €189,431 | €178,765 | -€10,666 | -5.6% |
| Amounts payable after more than one year | 17 | €10,189 | €6,088 | -€4,100 | -40.2% |
| Financial debts | 170/4 | €10,189 | €6,088 | -€4,100 | -40.2% |
| Amounts payable within one year | 42/48 | €165,821 | €172,677 | +€6,856 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €3,915 | €4,090 | +€175 | +4.5% |
| Trade debts | 44 | €148,952 | €156,116 | +€7,165 | +4.8% |
| Suppliers | 440/4 | €148,952 | €156,116 | +€7,165 | +4.8% |
| Advances received on contracts in progress | 46 | €2,533 | €1,286 | -€1,246 | -49.2% |
| Taxes, remuneration and social security | 45 | €5,873 | €7,117 | +€1,244 | +21.2% |
| Remuneration and social security | 454/9 | €5,873 | €7,117 | +€1,244 | +21.2% |
| Other amounts payable | 47/48 | €4,548 | €4,068 | -€480 | -10.6% |
| Accrued charges and deferred income | 492/3 | €13,422 | - | -€13,422 | |
| Remuneration, social security and pensions | 62 | €60,743 | €74,280 | +€13,537 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,680 | €8,363 | -€316 | -3.6% |
| Other operating charges | 640/8 | €4,470 | €4,290 | -€179 | -4.0% |
| Gross operating margin | 9900 | €87,938 | €95,569 | +€7,631 | +8.7% |
| Operating profit (loss) | 9901 | €14,045 | €8,635 | -€5,410 | -38.5% |
| Financial income | 75/76B | €1,076 | €184 | -€892 | -82.9% |
| Recurring financial income | 75 | €1,076 | €184 | -€892 | -82.9% |
| Financial charges | 65/66B | €1,262 | €600 | -€662 | -52.4% |
| Recurring financial charges | 65 | €1,262 | €600 | -€662 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €13,859 | €8,219 | -€5,640 | -40.7% |
| Income taxes | 67/77 | €4,295 | €2,390 | -€1,905 | -44.4% |
| Profit (loss) for the period | 9904 | €9,565 | €5,829 | -€3,736 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,565 | €5,829 | -€3,736 | -39.1% |
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 13 October 2026 via checked.be.