PROFITABEL: 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.
PROFITABEL
Largest movements
- Tangible fixed assets -€8,905
down €8,905 (-7.6%), from €117,624 to €108,719
- Receivables within one year +€6,833
up €6,833 (+763%), from €896 to €7,729
of which Trade receivables: +€6,180
- Cash -€1,236
down €1,236 (-76.1%), from €1,625 to €389
mainly Receivables within one year (-€6,833) and Net result for the year (-€1,483)
- Reserves -€1,483
down €1,483 (-31.5%), from €4,711 to €3,227
- Other debts -€1,468
down €1,468 (-3.0%), from €49,572 to €48,104
- Gross operating margin -€525
down €525 (-3.7%), from €14,312 to €13,788
- Depreciation +€504
up €504 (+6.0%), from €8,402 to €8,905
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 | €121,053 | €117,787 | -€3,266 | -2.7% |
| Fixed assets | 21/28 | €117,624 | €108,719 | -€8,905 | -7.6% |
| Tangible fixed assets | 22/27 | €117,624 | €108,719 | -€8,905 | -7.6% |
| Land and buildings | 22 | €117,624 | €108,719 | -€8,905 | -7.6% |
| Current assets | 29/58 | €3,429 | €9,068 | +€5,640 | +164% |
| Amounts receivable within one year | 40/41 | €896 | €7,729 | +€6,833 | +763% |
| Trade receivables | 40 | €420 | €6,600 | +€6,180 | +1,472% |
| Other amounts receivable | 41 | €476 | €1,129 | +€653 | +137% |
| Cash at bank and in hand | 54/58 | €1,625 | €389 | -€1,236 | -76.1% |
| Deferred charges and accrued income | 490/1 | €908 | €951 | +€43 | +4.7% |
| Total equity and liabilities | 10/49 | €121,053 | €117,787 | -€3,266 | -2.7% |
| Equity | 10/15 | €66,684 | €65,201 | -€1,483 | -2.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €4,711 | €3,227 | -€1,483 | -31.5% |
| Distributable reserves | 133 | €4,711 | €3,227 | -€1,483 | -31.5% |
| Amounts payable | 17/49 | €54,369 | €52,586 | -€1,782 | -3.3% |
| Amounts payable within one year | 42/48 | €50,447 | €48,794 | -€1,653 | -3.3% |
| Trade debts | 44 | €875 | €690 | -€185 | -21.1% |
| Suppliers | 440/4 | €875 | €690 | -€185 | -21.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €49,572 | €48,104 | -€1,468 | -3.0% |
| Accrued charges and deferred income | 492/3 | €3,922 | €3,792 | -€130 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,402 | €8,905 | +€504 | +6.0% |
| Other operating charges | 640/8 | €2,495 | €2,529 | +€34 | +1.4% |
| Gross operating margin | 9900 | €14,312 | €13,788 | -€525 | -3.7% |
| Operating profit (loss) | 9901 | €3,416 | €2,354 | -€1,062 | -31.1% |
| Financial charges | 65/66B | €3,967 | €3,837 | -€130 | -3.3% |
| Recurring financial charges | 65 | €3,967 | €3,837 | -€130 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€551 | -€1,483 | -€932 | -169% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€551 | -€1,483 | -€932 | -169% |
| Profit (loss) for the period to be appropriated | 9905 | -€551 | -€1,483 | -€932 | -169% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.