P.R. PARTNERS: 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.
P.R. PARTNERS
Largest movements
- Tangible fixed assets -€19,298
down €19,298 (-38.9%), from €49,634 to €30,336
of which Plant, machinery and equipment: -€18,936
- Receivables within one year +€4,746
up €4,746 (+87.9%), from €5,397 to €10,143
- Intangible fixed assets -€714
down €714 (-18.5%), from €3,853 to €3,139
- Other debts -€21,249
down €21,249 (-28.2%), from €75,354 to €54,105
- Profit (loss) carried forward +€8,351
up €8,351 (+22.0%), from -€38,001 to -€29,650
- Trade debts -€4,026
down €4,026 (-48.4%), from €8,314 to €4,289
- Tax, wage and social debts +€709
up €709 (+9.7%), from €7,322 to €8,031
of which Remuneration and social security: +€1,084
- Gross operating margin +€16,612
up €16,612 (+62.0%), from €26,804 to €43,417
- Staff costs -€6,454
down €6,454 (-43.6%), from €14,796 to €8,342
- Depreciation +€2,574
up €2,574 (+12.4%), from €20,686 to €23,260
- Other operating charges +€1,151
up €1,151 (+255%), from €451 to €1,602
- Financial charges +€716
up €716 (+62.6%), from €1,145 to €1,862
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 | €62,989 | €46,774 | -€16,215 | -25.7% |
| Fixed assets | 21/28 | €53,487 | €33,474 | -€20,012 | -37.4% |
| Intangible fixed assets | 21 | €3,853 | €3,139 | -€714 | -18.5% |
| Tangible fixed assets | 22/27 | €49,634 | €30,336 | -€19,298 | -38.9% |
| Plant, machinery and equipment | 23 | €48,793 | €29,857 | -€18,936 | -38.8% |
| Furniture and vehicles | 24 | €841 | €479 | -€362 | -43.0% |
| Current assets | 29/58 | €9,502 | €13,300 | +€3,797 | +40.0% |
| Stocks and contracts in progress | 3 | €1,500 | €895 | -€605 | -40.3% |
| Stocks | 30/36 | €1,500 | €895 | -€605 | -40.3% |
| Amounts receivable within one year | 40/41 | €5,397 | €10,143 | +€4,746 | +87.9% |
| Trade receivables | 40 | €5,397 | €10,143 | +€4,746 | +87.9% |
| Cash at bank and in hand | 54/58 | €2,606 | €2,255 | -€351 | -13.5% |
| Deferred charges and accrued income | 490/1 | - | €7 | +€7 | |
| Total equity and liabilities | 10/49 | €62,989 | €46,774 | -€16,215 | -25.7% |
| Equity | 10/15 | -€28,001 | -€19,650 | +€8,351 | +29.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,001 | -€29,650 | +€8,351 | +22.0% |
| Amounts payable | 17/49 | €90,990 | €66,425 | -€24,566 | -27.0% |
| Amounts payable within one year | 42/48 | €90,990 | €66,425 | -€24,566 | -27.0% |
| Trade debts | 44 | €8,314 | €4,289 | -€4,026 | -48.4% |
| Suppliers | 440/4 | €8,314 | €4,289 | -€4,026 | -48.4% |
| Taxes, remuneration and social security | 45 | €7,322 | €8,031 | +€709 | +9.7% |
| Taxes | 450/3 | €3,926 | €3,551 | -€375 | -9.6% |
| Remuneration and social security | 454/9 | €3,396 | €4,481 | +€1,084 | +31.9% |
| Other amounts payable | 47/48 | €75,354 | €54,105 | -€21,249 | -28.2% |
| Remuneration, social security and pensions | 62 | €14,796 | €8,342 | -€6,454 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,686 | €23,260 | +€2,574 | +12.4% |
| Other operating charges | 640/8 | €451 | €1,602 | +€1,151 | +255% |
| Gross operating margin | 9900 | €26,804 | €43,417 | +€16,612 | +62.0% |
| Operating profit (loss) | 9901 | -€9,128 | €10,212 | +€19,341 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,145 | €1,862 | +€716 | +62.6% |
| Recurring financial charges | 65 | €1,145 | €1,862 | +€716 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,273 | €8,351 | +€18,624 | |
| Profit (loss) for the period | 9904 | -€10,273 | €8,351 | +€18,624 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,273 | €8,351 | +€18,624 |
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 28 October 2026 via checked.be.