PROFLEX: 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.
PROFLEX
Largest movements
- Cash +€71,417
up €71,417 (+72.0%), from €99,193 to €170,611
mainly Accrued charges and deferred income (+€67,500) and Receivables within one year (+€19,348)
- Receivables within one year -€19,348
down €19,348 (-84.7%), from €22,842 to €3,493
of which Trade receivables: -€19,021
- Stocks and contracts -€18,000
down €18,000 (-100.0%), from €18,000 to €0
- Tangible fixed assets -€3,097
down €3,097 (-14.4%), from €21,576 to €18,480
of which Other tangible fixed assets: -€2,266
- Deferred charges and accrued income -€2,412
down €2,412 (-61.7%), from €3,907 to €1,495
- Accrued charges and deferred income +€67,500
new in 2025: €67,500
- Trade debts -€36,957
down €36,957 (-60.8%), from €60,751 to €23,795
- Other debts -€3,183
down €3,183 (-8.6%), from €37,058 to €33,876
- Gross operating margin +€79,220
up €79,220, from -€70,824 to €8,395
- Financial income -€53,554
down €53,554 (-100.0%), from €53,564 to €9
- Write-downs +€25,000
up €25,000, from -€25,000 to €0
- Depreciation +€831
up €831 (+36.6%), from €2,266 to €3,097
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 | €165,719 | €194,279 | +€28,560 | +17.2% |
| Fixed assets | 21/28 | €21,776 | €18,680 | -€3,097 | -14.2% |
| Tangible fixed assets | 22/27 | €21,576 | €18,480 | -€3,097 | -14.4% |
| Plant, machinery and equipment | 23 | €1,115 | €681 | -€435 | -39.0% |
| Furniture and vehicles | 24 | €595 | €200 | -€396 | -66.5% |
| Other tangible fixed assets | 26 | €19,866 | €17,600 | -€2,266 | -11.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €143,942 | €175,599 | +€31,657 | +22.0% |
| Stocks and contracts in progress | 3 | €18,000 | €0 | -€18,000 | -100.0% |
| Contracts in progress | 37 | €18,000 | €0 | -€18,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €22,842 | €3,493 | -€19,348 | -84.7% |
| Trade receivables | 40 | €21,344 | €2,323 | -€19,021 | -89.1% |
| Other amounts receivable | 41 | €1,497 | €1,170 | -€327 | -21.9% |
| Cash at bank and in hand | 54/58 | €99,193 | €170,611 | +€71,417 | +72.0% |
| Deferred charges and accrued income | 490/1 | €3,907 | €1,495 | -€2,412 | -61.7% |
| Total equity and liabilities | 10/49 | €165,719 | €194,279 | +€28,560 | +17.2% |
| Equity | 10/15 | €41,077 | €41,494 | +€417 | +1.0% |
| Reserves | 13 | €41,077 | €41,494 | +€417 | +1.0% |
| Distributable reserves | 133 | €41,077 | €41,494 | +€417 | +1.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €124,642 | €152,784 | +€28,143 | +22.6% |
| Amounts payable within one year | 42/48 | €124,642 | €85,284 | -€39,357 | -31.6% |
| Trade debts | 44 | €60,751 | €23,795 | -€36,957 | -60.8% |
| Suppliers | 440/4 | €60,751 | €23,795 | -€36,957 | -60.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €26,832 | €27,614 | +€782 | +2.9% |
| Taxes | 450/3 | €26,832 | €27,614 | +€782 | +2.9% |
| Other amounts payable | 47/48 | €37,058 | €33,876 | -€3,183 | -8.6% |
| Accrued charges and deferred income | 492/3 | - | €67,500 | +€67,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,266 | €3,097 | +€831 | +36.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,000 | €0 | +€25,000 | |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€70,824 | €8,395 | +€79,220 | |
| Operating profit (loss) | 9901 | -€48,660 | €4,713 | +€53,373 | |
| Financial income | 75/76B | €53,564 | €9 | -€53,554 | -100.0% |
| Recurring financial income | 75 | €53,564 | €9 | -€53,554 | -100.0% |
| Financial charges | 65/66B | €3,611 | €2,975 | -€636 | -17.6% |
| Recurring financial charges | 65 | €3,611 | €2,975 | -€636 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €1,292 | €1,747 | +€455 | +35.2% |
| Income taxes | 67/77 | €1,038 | €1,330 | +€292 | +28.1% |
| Profit (loss) for the period | 9904 | €254 | €417 | +€163 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €254 | €417 | +€163 | +64.2% |
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 4 October 2026 via checked.be.