Profwall: 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.
Profwall
Largest movements
- Receivables within one year -€5,192
down €5,192 (-77.6%), from €6,692 to €1,500
of which Other amounts receivable: -€3,478
- Stocks and contracts +€2,005
up €2,005 (+5.8%), from €34,525 to €36,530
- Tangible fixed assets -€1,650
down €1,650 (-35.3%), from €4,680 to €3,030
- Cash -€859
down €859 (-99.4%), from €865 to €5
mainly Net result for the year (-€35,426) and Stocks and contracts (-€2,005)
- Profit (loss) carried forward -€35,426
down €35,426 (-104.4%), from -€33,922 to -€69,348
- Trade debts +€26,363
new in 2024: €26,363
- Other debts +€3,364
up €3,364 (+5.1%), from €66,282 to €69,646
- Gross operating margin +€17,407
up €17,407 (+66.5%), from €26,184 to €43,591
- Staff costs +€15,346
up €15,346 (+24.8%), from €61,811 to €77,157
- Financial income -€3,040
down €3,040 (-69.0%), from €4,403 to €1,363
- Financial charges +€566
up €566 (+95.8%), from €591 to €1,157
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,760 | €41,064 | -€5,696 | -12.2% |
| Fixed assets | 21/28 | €4,680 | €3,030 | -€1,650 | -35.3% |
| Tangible fixed assets | 22/27 | €4,680 | €3,030 | -€1,650 | -35.3% |
| Plant, machinery and equipment | 23 | €4,680 | €3,030 | -€1,650 | -35.3% |
| Current assets | 29/58 | €42,081 | €38,035 | -€4,046 | -9.6% |
| Stocks and contracts in progress | 3 | €34,525 | €36,530 | +€2,005 | +5.8% |
| Stocks | 30/36 | €34,525 | €36,530 | +€2,005 | +5.8% |
| Amounts receivable within one year | 40/41 | €6,692 | €1,500 | -€5,192 | -77.6% |
| Trade receivables | 40 | €1,713 | €0 | -€1,713 | -100.0% |
| Other amounts receivable | 41 | €4,978 | €1,500 | -€3,478 | -69.9% |
| Cash at bank and in hand | 54/58 | €865 | €5 | -€859 | -99.4% |
| Total equity and liabilities | 10/49 | €46,760 | €41,064 | -€5,696 | -12.2% |
| Equity | 10/15 | -€27,407 | -€62,833 | -€35,426 | -129.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,515 | €1,515 | = | 0.0% |
| Distributable reserves | 133 | €1,515 | €1,515 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,922 | -€69,348 | -€35,426 | -104.4% |
| Amounts payable | 17/49 | €74,167 | €103,898 | +€29,730 | +40.1% |
| Amounts payable within one year | 42/48 | €73,845 | €103,898 | +€30,053 | +40.7% |
| Trade debts | 44 | - | €26,363 | +€26,363 | |
| Suppliers | 440/4 | - | €26,363 | +€26,363 | |
| Taxes, remuneration and social security | 45 | €7,563 | €7,888 | +€325 | +4.3% |
| Taxes | 450/3 | €825 | €1,878 | +€1,053 | +127.7% |
| Remuneration and social security | 454/9 | €6,738 | €6,011 | -€728 | -10.8% |
| Other amounts payable | 47/48 | €66,282 | €69,646 | +€3,364 | +5.1% |
| Accrued charges and deferred income | 492/3 | €323 | €0 | -€323 | -100.0% |
| Remuneration, social security and pensions | 62 | €61,811 | €77,157 | +€15,346 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,650 | €1,650 | = | 0.0% |
| Other operating charges | 640/8 | €457 | €416 | -€41 | -8.9% |
| Gross operating margin | 9900 | €26,184 | €43,591 | +€17,407 | +66.5% |
| Operating profit (loss) | 9901 | -€37,734 | -€35,632 | +€2,102 | +5.6% |
| Financial income | 75/76B | €4,403 | €1,363 | -€3,040 | -69.0% |
| Recurring financial income | 75 | €4,403 | €1,363 | -€3,040 | -69.0% |
| Financial charges | 65/66B | €591 | €1,157 | +€566 | +95.8% |
| Recurring financial charges | 65 | €591 | €1,157 | +€566 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,922 | -€35,426 | -€1,504 | -4.4% |
| Profit (loss) for the period | 9904 | -€33,922 | -€35,426 | -€1,504 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,922 | -€35,426 | -€1,504 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.