Skip to content

PROFMILL CONSTRUCTIONS: 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.

What changed

PROFMILL CONSTRUCTIONS

BE 0889.325.692
NACE 43.110, Demolition
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,149
2024 · €13,482-€9,333
Equity
€103,710
2024 · €99,561+€4,149
Cash
€70,711
2024 · €40,471+€30,241
Balance sheet total
€238,896
2024 · €232,607+€6,289

Largest movements

2024 to 2025
Assets
  • Cash +€30,241

    up €30,241 (+74.7%), from €40,471 to €70,711

    mainly Depreciation (+€20,357) and Receivables within one year (+€19,328)

  • Receivables within one year -€19,328

    down €19,328 (-15.2%), from €126,941 to €107,613

    of which Trade receivables: -€69,587

  • Tangible fixed assets -€17,003

    down €17,003 (-35.4%), from €48,070 to €31,066

    of which Furniture and vehicles: -€18,229

  • Stocks and contracts +€9,000

    up €9,000 (+56.3%), from €16,000 to €25,000

  • Financial fixed assets +€3,360

    new in 2025: €3,360

Equity and liabilities
  • Trade debts +€17,731

    up €17,731 (+19.1%), from €93,064 to €110,794

  • Debts after one year -€14,135

    down €14,135 (-79.8%), from €17,711 to €3,577

  • Reserves +€4,149

    up €4,149 (+6.5%), from €63,361 to €67,510

Income statement
  • Gross operating margin -€14,620

    down €14,620 (-31.7%), from €46,190 to €31,569

  • Taxes -€3,429

    down €3,429 (-67.2%), from €5,101 to €1,672

  • Depreciation -€1,737

    down €1,737 (-7.9%), from €22,095 to €20,357

  • Other operating charges -€491

    down €491 (-9.8%), from €5,037 to €4,545

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €13,482
Gross operating margin -€14,620
Depreciation +€1,737
Other operating charges +€491
Financial income -€62
Financial charges -€308
Taxes +€3,429
Result 2025 €4,149

Cash bridge derived

cash 2024 to 2025

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.

From operations +€51,050
Investment -€6,714
Financing -€14,095
Cash 2024 €40,471
Net result for the year +€4,149
Depreciation +€20,357
Stocks and contracts -€9,000
Receivables within one year +€19,328
Deferred charges and accrued income -€20
Trade debts +€17,731
Tax, wage and social debts -€695
Accrued charges and deferred income -€800
Investment in fixed assets (net) -€6,714
Debts after one year -€14,135
Current portion of long-term debt +€40
Cash 2025 €70,711
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €232,607 €238,896 +€6,289 +2.7%
Fixed assets 21/28 €48,070 €34,426 -€13,643 -28.4%
Tangible fixed assets 22/27 €48,070 €31,066 -€17,003 -35.4%
Plant, machinery and equipment 23 €5,904 €7,404 +€1,500 +25.4%
Furniture and vehicles 24 €39,600 €21,371 -€18,229 -46.0%
Other tangible fixed assets 26 €2,565 €2,290 -€274 -10.7%
Financial fixed assets 28 - €3,360 +€3,360
Current assets 29/58 €184,538 €204,470 +€19,932 +10.8%
Stocks and contracts in progress 3 €16,000 €25,000 +€9,000 +56.3%
Contracts in progress 37 €16,000 €25,000 +€9,000 +56.3%
Amounts receivable within one year 40/41 €126,941 €107,613 -€19,328 -15.2%
Trade receivables 40 €97,071 €27,485 -€69,587 -71.7%
Other amounts receivable 41 €29,870 €80,128 +€50,259 +168.3%
Cash at bank and in hand 54/58 €40,471 €70,711 +€30,241 +74.7%
Deferred charges and accrued income 490/1 €1,126 €1,146 +€20 +1.8%
Total equity and liabilities 10/49 €232,607 €238,896 +€6,289 +2.7%
Equity 10/15 €99,561 €103,710 +€4,149 +4.2%
Contributions 10/11 €36,200 €36,200 = 0.0%
Reserves 13 €63,361 €67,510 +€4,149 +6.5%
Distributable reserves 133 €63,361 €67,510 +€4,149 +6.5%
Amounts payable 17/49 €133,046 €135,186 +€2,140 +1.6%
Amounts payable after more than one year 17 €17,711 €3,577 -€14,135 -79.8%
Financial debts 170/4 €17,711 €3,577 -€14,135 -79.8%
Amounts payable within one year 42/48 €114,535 €131,610 +€17,075 +14.9%
Current portion of amounts payable after more than one year 42 €14,185 €14,225 +€40 +0.3%
Trade debts 44 €93,064 €110,794 +€17,731 +19.1%
Suppliers 440/4 €93,064 €110,794 +€17,731 +19.1%
Taxes, remuneration and social security 45 €5,567 €4,872 -€695 -12.5%
Taxes 450/3 €3,867 €4,872 +€1,005 +26.0%
Remuneration and social security 454/9 €1,700 - -€1,700
Other amounts payable 47/48 €1,719 €1,719 = 0.0%
Accrued charges and deferred income 492/3 €800 - -€800
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €22,095 €20,357 -€1,737 -7.9%
Other operating charges 640/8 €5,037 €4,545 -€491 -9.8%
Gross operating margin 9900 €46,190 €31,569 -€14,620 -31.7%
Operating profit (loss) 9901 €19,058 €6,667 -€12,392 -65.0%
Financial income 75/76B €79 €17 -€62 -78.5%
Recurring financial income 75 €79 €17 -€62 -78.5%
Financial charges 65/66B €555 €863 +€308 +55.4%
Recurring financial charges 65 €555 €863 +€308 +55.4%
Profit (loss) for the period before taxes 9903 €18,582 €5,821 -€12,762 -68.7%
Income taxes 67/77 €5,101 €1,672 -€3,429 -67.2%
Profit (loss) for the period 9904 €13,482 €4,149 -€9,333 -69.2%
Profit (loss) for the period to be appropriated 9905 €13,482 €4,149 -€9,333 -69.2%

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 29 September 2026 via checked.be.