PROFRIET: 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.
PROFRIET
Largest movements
- Cash +€93,686
up €93,686 (+78.7%), from €119,050 to €212,736
mainly Net result for the year (+€57,008) and Receivables after one year (+€45,000)
- Receivables after one year -€45,000
down €45,000 (-29.8%), from €151,000 to €106,000
- Tangible fixed assets -€8,780
down €8,780 (-8.3%), from €106,285 to €97,505
of which Other tangible fixed assets: -€6,739
- Reserves +€57,008
up €57,008 (+16.1%), from €353,549 to €410,557
- Tax, wage and social debts -€11,525
down €11,525 (-23.4%), from €49,314 to €37,789
of which Taxes: -€8,972
- Other debts -€9,090
down €9,090 (-39.7%), from €22,920 to €13,830
- Gross operating margin +€30,030
up €30,030 (+17.7%), from €169,547 to €199,577
- Staff costs -€13,023
down €13,023 (-11.6%), from €112,184 to €99,161
- Taxes +€11,338
up €11,338 (+107%), from €10,565 to €21,903
- Depreciation -€3,261
down €3,261 (-17.6%), from €18,528 to €15,267
- Other operating charges +€3,241
up €3,241 (+114%), from €2,855 to €6,096
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 | €507,536 | €542,124 | +€34,588 | +6.8% |
| Fixed assets | 21/28 | €111,384 | €102,604 | -€8,780 | -7.9% |
| Tangible fixed assets | 22/27 | €106,285 | €97,505 | -€8,780 | -8.3% |
| Plant, machinery and equipment | 23 | €16,809 | €11,911 | -€4,898 | -29.1% |
| Furniture and vehicles | 24 | €247 | €3,104 | +€2,857 | +1,157% |
| Other tangible fixed assets | 26 | €89,229 | €82,490 | -€6,739 | -7.6% |
| Financial fixed assets | 28 | €5,099 | €5,099 | = | 0.0% |
| Current assets | 29/58 | €396,152 | €439,520 | +€43,368 | +10.9% |
| Amounts receivable after more than one year | 29 | €151,000 | €106,000 | -€45,000 | -29.8% |
| Other amounts receivable | 291 | €151,000 | €106,000 | -€45,000 | -29.8% |
| Stocks and contracts in progress | 3 | €2,284 | €2,284 | = | 0.0% |
| Stocks | 30/36 | €2,284 | €2,284 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €120,144 | €118,031 | -€2,113 | -1.8% |
| Trade receivables | 40 | €69,222 | €68,740 | -€482 | -0.7% |
| Other amounts receivable | 41 | €50,922 | €49,291 | -€1,631 | -3.2% |
| Cash at bank and in hand | 54/58 | €119,050 | €212,736 | +€93,686 | +78.7% |
| Deferred charges and accrued income | 490/1 | €3,674 | €469 | -€3,205 | -87.2% |
| Total equity and liabilities | 10/49 | €507,536 | €542,124 | +€34,588 | +6.8% |
| Equity | 10/15 | €372,149 | €429,157 | +€57,008 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €353,549 | €410,557 | +€57,008 | +16.1% |
| Distributable reserves | 133 | €353,549 | €410,557 | +€57,008 | +16.1% |
| Amounts payable | 17/49 | €135,387 | €112,967 | -€22,420 | -16.6% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,160 | €92,740 | -€22,420 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €2,169 | €2,533 | +€364 | +16.8% |
| Trade debts | 44 | €40,757 | €38,588 | -€2,169 | -5.3% |
| Suppliers | 440/4 | €40,757 | €38,588 | -€2,169 | -5.3% |
| Taxes, remuneration and social security | 45 | €49,314 | €37,789 | -€11,525 | -23.4% |
| Taxes | 450/3 | €34,182 | €25,210 | -€8,972 | -26.2% |
| Remuneration and social security | 454/9 | €15,132 | €12,579 | -€2,553 | -16.9% |
| Other amounts payable | 47/48 | €22,920 | €13,830 | -€9,090 | -39.7% |
| Accrued charges and deferred income | 492/3 | €227 | €227 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €112,184 | €99,161 | -€13,023 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,528 | €15,267 | -€3,261 | -17.6% |
| Other operating charges | 640/8 | €2,855 | €6,096 | +€3,241 | +114% |
| Gross operating margin | 9900 | €169,547 | €199,577 | +€30,030 | +17.7% |
| Operating profit (loss) | 9901 | €35,980 | €79,053 | +€43,073 | +120% |
| Financial income | 75/76B | €88 | €213 | +€125 | +142% |
| Recurring financial income | 75 | €88 | €213 | +€125 | +142% |
| Financial charges | 65/66B | €286 | €355 | +€69 | +24.1% |
| Recurring financial charges | 65 | €286 | €355 | +€69 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €35,782 | €78,911 | +€43,129 | +121% |
| Income taxes | 67/77 | €10,565 | €21,903 | +€11,338 | +107% |
| Profit (loss) for the period | 9904 | €25,217 | €57,008 | +€31,791 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €25,217 | €57,008 | +€31,791 | +126% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.