Profoto: 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.
Profoto
Largest movements
- Receivables within one year -€19,223
down €19,223 (-75.6%), from €25,410 to €6,187
- Tangible fixed assets -€1,399
down €1,399 (-34.7%), from €4,028 to €2,628
- Cash -€818
down €818 (-99.4%), from €823 to €5
mainly Net result for the year (-€23,253) and Tax, wage and social debts (-€4,064)
- Profit (loss) carried forward -€23,253
down €23,253 (-400.8%), from -€5,801 to -€29,054
- Short-term financial debts +€5,333
new in 2025: €5,333
- Tax, wage and social debts -€4,064
down €4,064 (-42.8%), from €9,506 to €5,442
- Other debts +€759
up €759 (+57.0%), from €1,330 to €2,089
- Gross operating margin -€47,615
down €47,615, from €26,712 to -€20,903
- Taxes -€4,313
no longer reported in 2025 (was €4,313)
- Depreciation +€401
up €401 (+40.1%), from €999 to €1,399
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 | €30,625 | €9,120 | -€21,505 | -70.2% |
| Fixed assets | 21/28 | €4,028 | €2,628 | -€1,399 | -34.7% |
| Tangible fixed assets | 22/27 | €4,028 | €2,628 | -€1,399 | -34.7% |
| Furniture and vehicles | 24 | €4,028 | €2,628 | -€1,399 | -34.7% |
| Current assets | 29/58 | €26,598 | €6,492 | -€20,105 | -75.6% |
| Stocks and contracts in progress | 3 | €300 | €300 | = | 0.0% |
| Stocks | 30/36 | €300 | €300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,410 | €6,187 | -€19,223 | -75.6% |
| Trade receivables | 40 | €25,410 | €6,187 | -€19,223 | -75.6% |
| Cash at bank and in hand | 54/58 | €823 | €5 | -€818 | -99.4% |
| Deferred charges and accrued income | 490/1 | €65 | - | -€65 | |
| Total equity and liabilities | 10/49 | €30,625 | €9,120 | -€21,505 | -70.2% |
| Equity | 10/15 | €16,132 | -€7,121 | -€23,253 | |
| Contributions | 10/11 | €16,609 | €16,609 | = | 0.0% |
| Reserves | 13 | €5,324 | €5,324 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,465 | €3,465 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,801 | -€29,054 | -€23,253 | -400.8% |
| Amounts payable | 17/49 | €14,494 | €16,242 | +€1,748 | +12.1% |
| Amounts payable within one year | 42/48 | €14,494 | €16,242 | +€1,748 | +12.1% |
| Financial debts | 43 | - | €5,333 | +€5,333 | |
| Credit institutions | 430/8 | - | €5,333 | +€5,333 | |
| Trade debts | 44 | €3,657 | €3,377 | -€280 | -7.7% |
| Suppliers | 440/4 | €3,657 | €3,377 | -€280 | -7.7% |
| Taxes, remuneration and social security | 45 | €9,506 | €5,442 | -€4,064 | -42.8% |
| Taxes | 450/3 | €9,506 | €5,442 | -€4,064 | -42.8% |
| Other amounts payable | 47/48 | €1,330 | €2,089 | +€759 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €999 | €1,399 | +€401 | +40.1% |
| Other operating charges | 640/8 | €387 | €544 | +€156 | +40.4% |
| Gross operating margin | 9900 | €26,712 | -€20,903 | -€47,615 | |
| Operating profit (loss) | 9901 | €25,326 | -€22,846 | -€48,172 | |
| Financial charges | 65/66B | €517 | €407 | -€110 | -21.3% |
| Recurring financial charges | 65 | €517 | €407 | -€110 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €24,809 | -€23,253 | -€48,062 | |
| Income taxes | 67/77 | €4,313 | - | -€4,313 | |
| Profit (loss) for the period | 9904 | €20,496 | -€23,253 | -€43,749 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,496 | -€23,253 | -€43,749 |
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.