PIJN PRAXIS: 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.
PIJN PRAXIS
Largest movements
- Tangible fixed assets -€5,039
down €5,039 (-10.3%), from €48,784 to €43,746
of which Other tangible fixed assets: -€4,734
- Cash +€3,974
up €3,974 (+919%), from €433 to €4,406
mainly Depreciation (+€5,275) and Receivables within one year (+€2,177)
- Receivables within one year -€2,177
down €2,177 (-39.4%), from €5,523 to €3,346
of which Trade receivables: -€2,077
- Reserves -€3,030
down €3,030 (-16.4%), from €18,433 to €15,403
- Trade debts -€967
down €967 (-75.1%), from €1,287 to €320
- Other debts +€738
up €738 (+4.5%), from €16,384 to €17,122
- Gross operating margin -€21,172
down €21,172 (-89.6%), from €23,631 to €2,459
- Depreciation +€3,760
up €3,760 (+248%), from €1,515 to €5,275
- Taxes -€3,636
no longer reported in 2025 (was €3,636)
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 | €54,740 | €51,498 | -€3,242 | -5.9% |
| Fixed assets | 21/28 | €48,784 | €43,746 | -€5,039 | -10.3% |
| Tangible fixed assets | 22/27 | €48,784 | €43,746 | -€5,039 | -10.3% |
| Plant, machinery and equipment | 23 | €583 | €622 | +€39 | +6.7% |
| Furniture and vehicles | 24 | €1,089 | €746 | -€344 | -31.5% |
| Other tangible fixed assets | 26 | €47,111 | €42,378 | -€4,734 | -10.0% |
| Current assets | 29/58 | €5,956 | €7,752 | +€1,796 | +30.2% |
| Amounts receivable within one year | 40/41 | €5,523 | €3,346 | -€2,177 | -39.4% |
| Trade receivables | 40 | €5,423 | €3,346 | -€2,077 | -38.3% |
| Other amounts receivable | 41 | €101 | - | -€101 | |
| Cash at bank and in hand | 54/58 | €433 | €4,406 | +€3,974 | +919% |
| Total equity and liabilities | 10/49 | €54,740 | €51,498 | -€3,242 | -5.9% |
| Equity | 10/15 | €33,433 | €30,403 | -€3,030 | -9.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €18,433 | €15,403 | -€3,030 | -16.4% |
| Distributable reserves | 133 | €18,433 | €15,403 | -€3,030 | -16.4% |
| Amounts payable | 17/49 | €21,307 | €21,095 | -€212 | -1.0% |
| Amounts payable within one year | 42/48 | €21,307 | €21,095 | -€212 | -1.0% |
| Trade debts | 44 | €1,287 | €320 | -€967 | -75.1% |
| Suppliers | 440/4 | €1,287 | €320 | -€967 | -75.1% |
| Taxes, remuneration and social security | 45 | €3,636 | €3,652 | +€17 | +0.5% |
| Taxes | 450/3 | €3,636 | €3,652 | +€17 | +0.5% |
| Other amounts payable | 47/48 | €16,384 | €17,122 | +€738 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,515 | €5,275 | +€3,760 | +248% |
| Other operating charges | 640/8 | - | €172 | +€172 | |
| Gross operating margin | 9900 | €23,631 | €2,459 | -€21,172 | -89.6% |
| Operating profit (loss) | 9901 | €22,116 | -€2,988 | -€25,104 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €47 | €43 | -€4 | -8.6% |
| Recurring financial charges | 65 | €47 | €43 | -€4 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €22,069 | -€3,030 | -€25,099 | |
| Income taxes | 67/77 | €3,636 | - | -€3,636 | |
| Profit (loss) for the period | 9904 | €18,433 | -€3,030 | -€21,463 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,433 | -€3,030 | -€21,463 |
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 24 October 2026 via checked.be.