PROFITEAM: 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.
PROFITEAM
Largest movements
- Cash -€28,737
down €28,737 (-77.3%), from €37,197 to €8,460
mainly Trade debts (-€18,614) and Receivables within one year (-€15,699)
- Receivables within one year +€15,699
up €15,699 (+67.3%), from €23,342 to €39,041
of which Trade receivables: +€15,821
- Tangible fixed assets +€1,916
up €1,916 (+233%), from €822 to €2,738
- Trade debts -€18,614
down €18,614 (-94.1%), from €19,786 to €1,172
of which Suppliers: -€10,450
- Profit (loss) carried forward +€8,183
up €8,183 (+23.3%), from €35,156 to €43,338
- Tax, wage and social debts -€690
down €690 (-11.8%), from €5,868 to €5,178
of which Remuneration and social security: -€1,400
- Turnover -€138,342
no longer reported in 2025 (was €138,342)
- Purchases and services -€121,714
no longer reported in 2025 (was €121,714)
- Depreciation -€1,511
down €1,511 (-29.9%), from €5,051 to €3,540
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 | €61,361 | €50,238 | -€11,122 | -18.1% |
| Fixed assets | 21/28 | €822 | €2,738 | +€1,916 | +233% |
| Tangible fixed assets | 22/27 | €822 | €2,738 | +€1,916 | +233% |
| Furniture and vehicles | 24 | €822 | €2,738 | +€1,916 | +233% |
| Current assets | 29/58 | €60,539 | €47,501 | -€13,038 | -21.5% |
| Amounts receivable within one year | 40/41 | €23,342 | €39,041 | +€15,699 | +67.3% |
| Trade receivables | 40 | €22,666 | €38,487 | +€15,821 | +69.8% |
| Other amounts receivable | 41 | €676 | €554 | -€122 | -18.1% |
| Cash at bank and in hand | 54/58 | €37,197 | €8,460 | -€28,737 | -77.3% |
| Total equity and liabilities | 10/49 | €61,361 | €50,238 | -€11,122 | -18.1% |
| Equity | 10/15 | €35,706 | €43,888 | +€8,183 | +22.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | - | €500 | +€500 | |
| Issued capital | 100 | - | €500 | +€500 | |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,156 | €43,338 | +€8,183 | +23.3% |
| Amounts payable | 17/49 | €25,655 | €6,350 | -€19,305 | -75.2% |
| Amounts payable within one year | 42/48 | €25,655 | €6,350 | -€19,305 | -75.2% |
| Trade debts | 44 | €19,786 | €1,172 | -€18,614 | -94.1% |
| Suppliers | 440/4 | €10,805 | €355 | -€10,450 | -96.7% |
| Bills of exchange payable | 441 | €8,982 | €817 | -€8,165 | -90.9% |
| Taxes, remuneration and social security | 45 | €5,868 | €5,178 | -€690 | -11.8% |
| Taxes | 450/3 | €2,268 | €2,978 | +€710 | +31.3% |
| Remuneration and social security | 454/9 | €3,600 | €2,200 | -€1,400 | -38.9% |
| Turnover | 70 | €138,342 | - | -€138,342 | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,714 | - | -€121,714 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,051 | €3,540 | -€1,511 | -29.9% |
| Other operating charges | 640/8 | €316 | €659 | +€343 | +109% |
| Gross operating margin | 9900 | €16,628 | €15,729 | -€899 | -5.4% |
| Operating profit (loss) | 9901 | €11,261 | €11,529 | +€268 | +2.4% |
| Financial charges | 65/66B | €157 | €216 | +€58 | +37.2% |
| Recurring financial charges | 65 | €157 | €216 | +€58 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €11,104 | €11,313 | +€210 | +1.9% |
| Income taxes | 67/77 | €2,268 | €3,131 | +€863 | +38.0% |
| Profit (loss) for the period | 9904 | €8,835 | €8,183 | -€653 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,835 | €8,183 | -€653 | -7.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.