PROFUNDUS: 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.
PROFUNDUS
Largest movements
- Receivables within one year -€1.4m
down €1.4m (-95.6%), from €1.4m to €62,828
of which Other amounts receivable: -€1.4m
- Receivables after one year -€300,000
down €300,000 (-75.0%), from €400,000 to €100,000
- Tangible fixed assets -€104,416
down €104,416 (-10.8%), from €965,978 to €861,562
of which Land and buildings: -€102,715
- Reserves -€1.9m
down €1.9m (-88.1%), from €2.2m to €259,306
- Short-term financial debts +€252,366
up €252,366 (+38.8%), from €650,306 to €902,673
- Debts after one year -€116,170
down €116,170 (-1.8%), from €6.4m to €6.2m
- Financial income +€187,197
up €187,197 (+280.5%), from €66,725 to €253,922
of which Financial income: +€187,197
- Financial charges -€134,593
down €134,593 (-31.4%), from €428,212 to €293,619
- Gross operating margin +€30,568
up €30,568 (+14.4%), from €212,891 to €243,459
- Taxes +€4,380
up €4,380 (+873.1%), from €502 to €4,882
- Other operating charges +€3,128
up €3,128 (+72.7%), from €4,301 to €7,429
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 | €9,124,296 | €7,411,461 | -€1.7m | -18.8% |
| Fixed assets | 21/28 | €5,227,051 | €5,122,635 | -€104,416 | -2.0% |
| Tangible fixed assets | 22/27 | €965,978 | €861,562 | -€104,416 | -10.8% |
| Land and buildings | 22 | €958,943 | €856,228 | -€102,715 | -10.7% |
| Plant, machinery and equipment | 23 | €6,214 | €4,223 | -€1,992 | -32.0% |
| Furniture and vehicles | 24 | €820 | €1,111 | +€290 | +35.4% |
| Financial fixed assets | 28 | €4,261,073 | €4,261,073 | = | 0.0% |
| Current assets | 29/58 | €3,897,245 | €2,288,827 | -€1.6m | -41.3% |
| Amounts receivable after more than one year | 29 | €400,000 | €100,000 | -€300,000 | -75.0% |
| Other amounts receivable | 291 | €400,000 | €100,000 | -€300,000 | -75.0% |
| Amounts receivable within one year | 40/41 | €1,416,983 | €62,828 | -€1.4m | -95.6% |
| Trade receivables | 40 | €25,598 | €32,349 | +€6,751 | +26.4% |
| Other amounts receivable | 41 | €1,391,384 | €30,479 | -€1.4m | -97.8% |
| Current investments | 50/53 | €1,678,956 | €1,659,630 | -€19,326 | -1.2% |
| Cash at bank and in hand | 54/58 | €376,580 | €462,124 | +€85,544 | +22.7% |
| Deferred charges and accrued income | 490/1 | €24,727 | €4,245 | -€20,482 | -82.8% |
| Total equity and liabilities | 10/49 | €9,124,296 | €7,411,461 | -€1.7m | -18.8% |
| Equity | 10/15 | €1,930,187 | €104,478 | -€1.8m | -94.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,170,893 | €259,306 | -€1.9m | -88.1% |
| Distributable reserves | 133 | €2,170,893 | €259,306 | -€1.9m | -88.1% |
| Profit (loss) carried forward | 14 | -€259,306 | -€173,428 | +€85,878 | +33.1% |
| Amounts payable | 17/49 | €7,194,109 | €7,306,984 | +€112,875 | +1.6% |
| Amounts payable after more than one year | 17 | €6,353,653 | €6,237,483 | -€116,170 | -1.8% |
| Financial debts | 170/4 | €6,353,653 | €6,237,483 | -€116,170 | -1.8% |
| Amounts payable within one year | 42/48 | €840,456 | €1,065,470 | +€225,013 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €114,810 | €116,170 | +€1,360 | +1.2% |
| Financial debts | 43 | €650,306 | €902,673 | +€252,366 | +38.8% |
| Credit institutions | 430/8 | €650,306 | €902,673 | +€252,366 | +38.8% |
| Trade debts | 44 | €9,773 | €24,850 | +€15,077 | +154.3% |
| Suppliers | 440/4 | €9,773 | €24,850 | +€15,077 | +154.3% |
| Taxes, remuneration and social security | 45 | €65,567 | €9,585 | -€55,982 | -85.4% |
| Taxes | 450/3 | €65,567 | €9,585 | -€55,982 | -85.4% |
| Other amounts payable | 47/48 | - | €12,192 | +€12,192 | |
| Accrued charges and deferred income | 492/3 | €0 | €4,032 | +€4,032 | |
| Non-recurring operating income | 76A | - | €2,616 | +€2,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,908 | €105,573 | -€334 | -0.3% |
| Other operating charges | 640/8 | €4,301 | €7,429 | +€3,128 | +72.7% |
| Gross operating margin | 9900 | €212,891 | €243,459 | +€30,568 | +14.4% |
| Operating profit (loss) | 9901 | €102,682 | €130,457 | +€27,774 | +27.0% |
| Financial income | 75/76B | €66,725 | €253,922 | +€187,197 | +280.5% |
| Recurring financial income | 75 | €66,725 | €253,922 | +€187,197 | +280.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €428,212 | €293,619 | -€134,593 | -31.4% |
| Recurring financial charges | 65 | €428,212 | €293,619 | -€134,593 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€258,804 | €90,760 | +€349,564 | |
| Income taxes | 67/77 | €502 | €4,882 | +€4,380 | +873.1% |
| Profit (loss) for the period | 9904 | -€259,306 | €85,878 | +€345,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€259,306 | €85,878 | +€345,184 |
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.