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What is profit for the year?

The meaning of profit for the year: what remains after everything: costs, depreciation, interest and taxes.

Profit for the year: the meaning

What remains after everything: costs, depreciation, interest and taxes.

Profit can be paid out to shareholders or stay in the company. What stays is added to equity.

How to read it

Positive is profit, negative a loss. One loss year is no disaster, several in a row are a warning.

On Nummo you find this figure in the Figures tab of every company that filed annual accounts, over the years. In the tables, a small card gives this explanation in short.

How to calculate it

item 9904

The item numbers follow the official format of Belgian annual accounts, which builds on the European Accounting Directive.

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