PROFO: 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.
PROFO
Largest movements
- Cash -€688,911
down €688,911 (-48.3%), from €1.4m to €738,027
mainly Receivables within one year (-€349,683) and Tax, wage and social debts (-€218,591)
- Receivables within one year +€349,683
up €349,683 (+109.6%), from €319,090 to €668,774
- Tax, wage and social debts -€218,591
down €218,591 (-39.6%), from €552,592 to €334,001
of which Remuneration and social security: -€188,452
- Accrued charges and deferred income -€178,368
down €178,368 (-100.0%), from €178,368 to €0
- Profit (loss) carried forward +€52,745
up €52,745 (+4.9%), from €1.1m to €1.1m
- Debts after one year -€32,975
down €32,975 (-12.6%), from €262,278 to €229,303
- Trade debts +€27,733
up €27,733 (+378.6%), from €7,325 to €35,058
- Gross operating margin +€70,373
up €70,373 (+2.1%), from €3.4m to €3.5m
- Staff costs -€64,477
down €64,477 (-1.9%), from €3.5m to €3.4m
- Other operating charges -€41,254
down €41,254 (-87.0%), from €47,435 to €6,181
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 | €2,117,675 | €1,769,291 | -€348,384 | -16.5% |
| Fixed assets | 21/28 | €338,358 | €339,950 | +€1,592 | +0.5% |
| Intangible fixed assets | 21 | - | €7,995 | +€7,995 | |
| Tangible fixed assets | 22/27 | €315,168 | €307,265 | -€7,903 | -2.5% |
| Land and buildings | 22 | €305,506 | €303,266 | -€2,240 | -0.7% |
| Furniture and vehicles | 24 | €9,663 | €4,000 | -€5,663 | -58.6% |
| Financial fixed assets | 28 | €23,190 | €24,690 | +€1,500 | +6.5% |
| Current assets | 29/58 | €1,779,316 | €1,429,341 | -€349,976 | -19.7% |
| Amounts receivable within one year | 40/41 | €319,090 | €668,774 | +€349,683 | +109.6% |
| Trade receivables | 40 | €319,090 | €668,774 | +€349,683 | +109.6% |
| Cash at bank and in hand | 54/58 | €1,426,938 | €738,027 | -€688,911 | -48.3% |
| Deferred charges and accrued income | 490/1 | €33,288 | €22,540 | -€10,748 | -32.3% |
| Total equity and liabilities | 10/49 | €2,117,675 | €1,769,291 | -€348,384 | -16.5% |
| Equity | 10/15 | €1,085,209 | €1,137,954 | +€52,745 | +4.9% |
| Profit (loss) carried forward | 14 | €1,085,209 | €1,137,954 | +€52,745 | +4.9% |
| Amounts payable | 17/49 | €1,032,466 | €631,337 | -€401,129 | -38.9% |
| Amounts payable after more than one year | 17 | €262,278 | €229,303 | -€32,975 | -12.6% |
| Financial debts | 170/4 | €262,278 | €229,303 | -€32,975 | -12.6% |
| Amounts payable within one year | 42/48 | €591,820 | €402,034 | -€189,786 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €31,903 | €32,975 | +€1,072 | +3.4% |
| Trade debts | 44 | €7,325 | €35,058 | +€27,733 | +378.6% |
| Suppliers | 440/4 | €7,325 | €35,058 | +€27,733 | +378.6% |
| Taxes, remuneration and social security | 45 | €552,592 | €334,001 | -€218,591 | -39.6% |
| Taxes | 450/3 | €30,138 | €0 | -€30,138 | -100.0% |
| Remuneration and social security | 454/9 | €522,453 | €334,001 | -€188,452 | -36.1% |
| Accrued charges and deferred income | 492/3 | €178,368 | €0 | -€178,368 | -100.0% |
| Remuneration, social security and pensions | 62 | €3,457,291 | €3,392,814 | -€64,477 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,348 | €6,052 | -€25,296 | -80.7% |
| Other operating charges | 640/8 | €47,435 | €6,181 | -€41,254 | -87.0% |
| Gross operating margin | 9900 | €3,386,752 | €3,457,125 | +€70,373 | +2.1% |
| Operating profit (loss) | 9901 | -€149,322 | €52,079 | +€201,401 | |
| Financial income | 75/76B | €13,221 | €14,912 | +€1,691 | +12.8% |
| Recurring financial income | 75 | €13,221 | €14,912 | +€1,691 | +12.8% |
| Financial charges | 65/66B | €12,741 | €9,906 | -€2,835 | -22.2% |
| Recurring financial charges | 65 | €12,741 | €9,906 | -€2,835 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€148,842 | €57,085 | +€205,927 | |
| Income taxes | 67/77 | €23 | €4,340 | +€4,317 | +18777.1% |
| Profit (loss) for the period | 9904 | -€148,865 | €52,745 | +€201,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€148,865 | €52,745 | +€201,610 |
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 1 October 2026 via checked.be.