PROFWOOD: 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.
PROFWOOD
Largest movements
- Cash -€14
down €14 (-100.0%), from €14 to €0
mainly Net result for the year (-€883) and Other debts (-€9)
- Profit (loss) carried forward -€883
down €883 (-0.5%), from -€193,076 to -€193,958
- Trade debts +€858
new in 2024: €858
- Short-term financial debts +€19
new in 2024: €19
- Other debts -€9
down €9 (0.0%), from €114,643 to €114,634
- Gross operating margin -€858
down €858, from €0 to -€858
- Other operating charges -€385
down €385 (-100.0%), from €385 to €0
- Financial charges +€24
up €24, from €0 to €24
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 | €14 | €0 | -€14 | -100.0% |
| Current assets | 29/58 | €14 | €0 | -€14 | -100.0% |
| Cash at bank and in hand | 54/58 | €14 | €0 | -€14 | -100.0% |
| Total equity and liabilities | 10/49 | €14 | €0 | -€14 | -100.0% |
| Equity | 10/15 | -€115,014 | -€115,896 | -€883 | -0.8% |
| Contributions | 10/11 | €76,203 | €76,203 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | -€193,076 | -€193,958 | -€883 | -0.5% |
| Amounts payable | 17/49 | €115,028 | €115,896 | +€869 | +0.8% |
| Amounts payable within one year | 42/48 | €115,028 | €115,896 | +€869 | +0.8% |
| Financial debts | 43 | - | €19 | +€19 | |
| Credit institutions | 430/8 | - | €19 | +€19 | |
| Trade debts | 44 | - | €858 | +€858 | |
| Suppliers | 440/4 | - | €858 | +€858 | |
| Taxes, remuneration and social security | 45 | €385 | €385 | = | 0.0% |
| Taxes | 450/3 | €385 | €385 | = | 0.0% |
| Other amounts payable | 47/48 | €114,643 | €114,634 | -€9 | 0.0% |
| Other operating charges | 640/8 | €385 | €0 | -€385 | -100.0% |
| Gross operating margin | 9900 | €0 | -€858 | -€858 | |
| Operating profit (loss) | 9901 | -€385 | -€858 | -€473 | -122.8% |
| Financial charges | 65/66B | €0 | €24 | +€24 | |
| Recurring financial charges | 65 | €0 | €24 | +€24 | |
| Profit (loss) for the period before taxes | 9903 | -€385 | -€883 | -€497 | -129.1% |
| Profit (loss) for the period | 9904 | -€385 | -€883 | -€497 | -129.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€385 | -€883 | -€497 | -129.1% |
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 7 October 2026 via checked.be.