PROFUS: 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.
PROFUS
Largest movements
- Cash -€211,751
down €211,751 (-68.2%), from €310,697 to €98,946
mainly Receivables within one year (-€110,391) and Debts after one year (-€106,009)
- Receivables within one year +€110,391
up €110,391 (+72.0%), from €153,218 to €263,608
of which Trade receivables: +€102,733
- Tangible fixed assets -€73,317
down €73,317 (-4.3%), from €1.7m to €1.6m
of which Land and buildings: -€97,940
- Debts after one year -€106,009
down €106,009 (-47.4%), from €223,640 to €117,631
- Tax, wage and social debts -€39,081
down €39,081 (-36.9%), from €105,991 to €66,910
of which Taxes: -€28,006
- Profit (loss) carried forward -€34,170
down €34,170 (-32.8%), from -€104,327 to -€138,497
- Gross operating margin -€115,852
down €115,852 (-13.3%), from €874,102 to €758,250
- Write-downs -€52,814
down €52,814 (-100.0%), from €52,814 to €0
- Taxes +€47,924
up €47,924 (+128.5%), from €37,295 to €85,220
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 | €2,198,700 | €2,015,138 | -€183,562 | -8.3% |
| Fixed assets | 21/28 | €1,709,190 | €1,636,483 | -€72,706 | -4.3% |
| Tangible fixed assets | 22/27 | €1,702,297 | €1,628,980 | -€73,317 | -4.3% |
| Land and buildings | 22 | €1,663,496 | €1,565,555 | -€97,940 | -5.9% |
| Plant, machinery and equipment | 23 | €38,801 | €63,425 | +€24,624 | +63.5% |
| Financial fixed assets | 28 | €6,893 | €7,503 | +€610 | +8.9% |
| Current assets | 29/58 | €489,510 | €378,655 | -€110,855 | -22.6% |
| Stocks and contracts in progress | 3 | €24,200 | €15,000 | -€9,200 | -38.0% |
| Stocks | 30/36 | €24,200 | €15,000 | -€9,200 | -38.0% |
| Amounts receivable within one year | 40/41 | €153,218 | €263,608 | +€110,391 | +72.0% |
| Trade receivables | 40 | €102,696 | €205,429 | +€102,733 | +100.0% |
| Other amounts receivable | 41 | €50,522 | €58,179 | +€7,657 | +15.2% |
| Cash at bank and in hand | 54/58 | €310,697 | €98,946 | -€211,751 | -68.2% |
| Deferred charges and accrued income | 490/1 | €1,395 | €1,100 | -€295 | -21.2% |
| Total equity and liabilities | 10/49 | €2,198,700 | €2,015,138 | -€183,562 | -8.3% |
| Equity | 10/15 | €1,606,128 | €1,571,958 | -€34,170 | -2.1% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €117,000 | €117,000 | = | 0.0% |
| Uncalled capital | 101 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,598,454 | €1,598,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,327 | -€138,497 | -€34,170 | -32.8% |
| Amounts payable | 17/49 | €592,572 | €443,180 | -€149,392 | -25.2% |
| Amounts payable after more than one year | 17 | €223,640 | €117,631 | -€106,009 | -47.4% |
| Financial debts | 170/4 | €223,640 | €117,631 | -€106,009 | -47.4% |
| Amounts payable within one year | 42/48 | €360,487 | €325,549 | -€34,938 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €103,402 | €106,009 | +€2,606 | +2.5% |
| Trade debts | 44 | €34,237 | €25,313 | -€8,924 | -26.1% |
| Suppliers | 440/4 | €34,237 | €25,313 | -€8,924 | -26.1% |
| Advances received on contracts in progress | 46 | €99,638 | €117,294 | +€17,657 | +17.7% |
| Taxes, remuneration and social security | 45 | €105,991 | €66,910 | -€39,081 | -36.9% |
| Taxes | 450/3 | €42,712 | €14,706 | -€28,006 | -65.6% |
| Remuneration and social security | 454/9 | €63,279 | €52,204 | -€11,075 | -17.5% |
| Other amounts payable | 47/48 | €17,218 | €10,023 | -€7,195 | -41.8% |
| Accrued charges and deferred income | 492/3 | €8,445 | €0 | -€8,445 | -100.0% |
| Non-recurring operating income | 76A | €54,924 | €0 | -€54,924 | -100.0% |
| Remuneration, social security and pensions | 62 | €552,115 | €548,890 | -€3,225 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,054 | €110,739 | +€8,685 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €52,814 | €0 | -€52,814 | -100.0% |
| Other operating charges | 640/8 | €30,737 | €32,484 | +€1,747 | +5.7% |
| Non-recurring operating charges | 66A | €139 | €1,003 | +€864 | +623.3% |
| Gross operating margin | 9900 | €874,102 | €758,250 | -€115,852 | -13.3% |
| Operating profit (loss) | 9901 | €136,244 | €65,134 | -€71,110 | -52.2% |
| Financial income | 75/76B | €2,931 | €594 | -€2,337 | -79.7% |
| Recurring financial income | 75 | €2,931 | €594 | -€2,337 | -79.7% |
| Financial charges | 65/66B | €22,590 | €14,679 | -€7,911 | -35.0% |
| Recurring financial charges | 65 | €22,590 | €14,679 | -€7,911 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €116,586 | €51,050 | -€65,536 | -56.2% |
| Income taxes | 67/77 | €37,295 | €85,220 | +€47,924 | +128.5% |
| Profit (loss) for the period | 9904 | €79,291 | -€34,170 | -€113,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,291 | -€34,170 | -€113,460 |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.