Gun-PragMa: what changed
Two financial 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.
Gun-PragMa
Largest movements
- Tangible fixed assets -€6,151
down €6,151 (-36.5%), from €16,863 to €10,712
of which Land and buildings: -€8,141
- Receivables within one year -€2,245
down €2,245 (-7.5%), from €30,006 to €27,761
of which Trade receivables: -€15,133
- Reserves +€14,203
up €14,203 (+12.2%), from €116,278 to €130,481
- Trade debts -€11,676
down €11,676 (-90.9%), from €12,841 to €1,165
- Tax, wage and social debts -€9,673
down €9,673 (-30.1%), from €32,100 to €22,427
- Gross operating margin +€4,770
up €4,770 (+9.7%), from €49,021 to €53,791
- Financial income -€2,064
down €2,064 (-82.3%), from €2,510 to €445
- Depreciation -€1,497
down €1,497 (-35.3%), from €4,243 to €2,746
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.
Derived cash bridge
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 | €163,719 | €156,572 | -€7,146 | -4.4% |
| Fixed assets | 21/28 | €16,863 | €10,712 | -€6,151 | -36.5% |
| Tangible fixed assets | 22/27 | €16,863 | €10,712 | -€6,151 | -36.5% |
| Land and buildings | 22 | €12,920 | €4,779 | -€8,141 | -63.0% |
| Plant, machinery and equipment | 23 | €858 | €459 | -€400 | -46.6% |
| Furniture and vehicles | 24 | €3,085 | €5,475 | +€2,389 | +77.4% |
| Current assets | 29/58 | €146,855 | €145,860 | -€995 | -0.7% |
| Amounts receivable within one year | 40/41 | €30,006 | €27,761 | -€2,245 | -7.5% |
| Trade receivables | 40 | €28,133 | €13,000 | -€15,133 | -53.8% |
| Other amounts receivable | 41 | €1,874 | €14,761 | +€12,887 | +688% |
| Cash at bank and in hand | 54/58 | €116,141 | €116,884 | +€743 | +0.6% |
| Deferred charges and accrued income | 490/1 | €708 | €1,215 | +€507 | +71.6% |
| Total equity and liabilities | 10/49 | €163,719 | €156,572 | -€7,146 | -4.4% |
| Equity | 10/15 | €118,778 | €132,981 | +€14,203 | +12.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €116,278 | €130,481 | +€14,203 | +12.2% |
| Distributable reserves | 133 | €116,278 | €130,481 | +€14,203 | +12.2% |
| Amounts payable | 17/49 | €44,940 | €23,591 | -€21,349 | -47.5% |
| Amounts payable within one year | 42/48 | €44,940 | €23,591 | -€21,349 | -47.5% |
| Trade debts | 44 | €12,841 | €1,165 | -€11,676 | -90.9% |
| Suppliers | 440/4 | €12,841 | €1,165 | -€11,676 | -90.9% |
| Taxes, remuneration and social security | 45 | €32,100 | €22,427 | -€9,673 | -30.1% |
| Taxes | 450/3 | €32,100 | €22,427 | -€9,673 | -30.1% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,243 | €2,746 | -€1,497 | -35.3% |
| Other operating charges | 640/8 | €1,303 | €1,058 | -€245 | -18.8% |
| Gross operating margin | 9900 | €49,021 | €53,791 | +€4,770 | +9.7% |
| Operating profit (loss) | 9901 | €43,474 | €49,987 | +€6,513 | +15.0% |
| Financial income | 75/76B | €2,510 | €445 | -€2,064 | -82.3% |
| Recurring financial income | 75 | €2,510 | €445 | -€2,064 | -82.3% |
| Financial charges | 65/66B | €1,152 | €864 | -€288 | -25.0% |
| Recurring financial charges | 65 | €1,152 | €864 | -€288 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €44,832 | €49,569 | +€4,736 | +10.6% |
| Income taxes | 67/77 | €11,369 | €11,837 | +€468 | +4.1% |
| Profit (loss) for the period | 9904 | €33,464 | €37,732 | +€4,268 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,464 | €37,732 | +€4,268 | +12.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.