PROFICIAT: 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.
PROFICIAT
Largest movements
- Tangible fixed assets -€79,676
down €79,676 (-4.7%), from €1.7m to €1.6m
of which Land and buildings: -€81,467
- Cash -€40,434
down €40,434 (-69.9%), from €57,872 to €17,439
mainly Debts after one year (-€89,317) and Other debts (-€59,258)
- Receivables within one year +€22,039
up €22,039 (+159.8%), from €13,789 to €35,828
of which Trade receivables: +€22,124
- Debts after one year -€89,317
down €89,317 (-9.6%), from €926,707 to €837,391
- Reserves +€66,318
up €66,318 (+66.9%), from €99,167 to €165,485
of which Distributable reserves: +€66,318
- Other debts -€59,258
down €59,258 (-32.6%), from €182,032 to €122,774
- Gross operating margin +€67,083
up €67,083 (+30.9%), from €217,033 to €284,116
- Write-downs +€16,138
new in 2025: €16,138
- Depreciation +€4,526
up €4,526 (+5.6%), from €81,150 to €85,676
- Taxes -€3,493
down €3,493 (-86.8%), from €4,023 to €530
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 | €1,767,468 | €1,671,521 | -€95,948 | -5.4% |
| Fixed assets | 21/28 | €1,692,089 | €1,612,413 | -€79,676 | -4.7% |
| Tangible fixed assets | 22/27 | €1,691,876 | €1,612,201 | -€79,676 | -4.7% |
| Land and buildings | 22 | €1,676,382 | €1,594,915 | -€81,467 | -4.9% |
| Plant, machinery and equipment | 23 | €4,233 | €3,311 | -€922 | -21.8% |
| Furniture and vehicles | 24 | €11,261 | €13,975 | +€2,713 | +24.1% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €75,380 | €59,108 | -€16,272 | -21.6% |
| Amounts receivable within one year | 40/41 | €13,789 | €35,828 | +€22,039 | +159.8% |
| Trade receivables | 40 | €13,174 | €35,298 | +€22,124 | +167.9% |
| Other amounts receivable | 41 | €615 | €530 | -€85 | -13.8% |
| Cash at bank and in hand | 54/58 | €57,872 | €17,439 | -€40,434 | -69.9% |
| Deferred charges and accrued income | 490/1 | €3,718 | €5,841 | +€2,122 | +57.1% |
| Total equity and liabilities | 10/49 | €1,767,468 | €1,671,521 | -€95,948 | -5.4% |
| Equity | 10/15 | €448,091 | €508,292 | +€60,201 | +13.4% |
| Contributions | 10/11 | €178,592 | €178,592 | = | 0.0% |
| Revaluation surpluses | 12 | €170,333 | €164,215 | -€6,117 | -3.6% |
| Reserves | 13 | €99,167 | €165,485 | +€66,318 | +66.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €57,450 | €57,450 | = | 0.0% |
| Distributable reserves | 133 | €41,716 | €108,034 | +€66,318 | +159.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €68,827 | €68,827 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €68,827 | €68,827 | = | 0.0% |
| Pensions and similar obligations | 160 | €68,827 | €68,827 | = | 0.0% |
| Amounts payable | 17/49 | €1,250,549 | €1,094,401 | -€156,148 | -12.5% |
| Amounts payable after more than one year | 17 | €926,707 | €837,391 | -€89,317 | -9.6% |
| Financial debts | 170/4 | €926,707 | €837,391 | -€89,317 | -9.6% |
| Amounts payable within one year | 42/48 | €310,168 | €241,796 | -€68,371 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €81,867 | €67,317 | -€14,550 | -17.8% |
| Trade debts | 44 | €14,403 | €17,006 | +€2,603 | +18.1% |
| Suppliers | 440/4 | €14,403 | €17,006 | +€2,603 | +18.1% |
| Taxes, remuneration and social security | 45 | €31,866 | €34,700 | +€2,834 | +8.9% |
| Taxes | 450/3 | €15,227 | €13,863 | -€1,364 | -9.0% |
| Remuneration and social security | 454/9 | €16,639 | €20,837 | +€4,198 | +25.2% |
| Other amounts payable | 47/48 | €182,032 | €122,774 | -€59,258 | -32.6% |
| Accrued charges and deferred income | 492/3 | €13,674 | €15,214 | +€1,540 | +11.3% |
| Non-recurring operating income | 76A | €14,356 | €0 | -€14,356 | -100.0% |
| Remuneration, social security and pensions | 62 | €78,134 | €76,958 | -€1,176 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,150 | €85,676 | +€4,526 | +5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,138 | +€16,138 | |
| Other operating charges | 640/8 | €24,896 | €24,899 | +€3 | 0.0% |
| Non-recurring operating charges | 66A | €172 | €1,790 | +€1,618 | +941.0% |
| Gross operating margin | 9900 | €217,033 | €284,116 | +€67,083 | +30.9% |
| Operating profit (loss) | 9901 | €32,681 | €78,655 | +€45,974 | +140.7% |
| Financial income | 75/76B | €312 | €247 | -€65 | -20.8% |
| Recurring financial income | 75 | €312 | €247 | -€65 | -20.8% |
| Financial charges | 65/66B | €19,673 | €18,172 | -€1,501 | -7.6% |
| Recurring financial charges | 65 | €19,673 | €18,172 | -€1,501 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €13,320 | €60,730 | +€47,410 | +355.9% |
| Income taxes | 67/77 | €4,023 | €530 | -€3,493 | -86.8% |
| Profit (loss) for the period | 9904 | €9,297 | €60,201 | +€50,903 | +547.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,297 | €60,201 | +€50,903 | +547.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.