PPRX: 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.
PPRX
Largest movements
- Current investments -€120,000
no longer reported in 2025 (was €120,000)
- Cash -€91,213
down €91,213 (-75.3%), from €121,164 to €29,951
mainly Other debts (-€240,000) and Contributions, distributions and other (-€200,000)
- Tangible fixed assets +€52,197
up €52,197 (+589.7%), from €8,851 to €61,047
of which Furniture and vehicles: +€54,953
- Deferred charges and accrued income +€13,699
up €13,699 (+8.5%), from €160,888 to €174,587
- Other debts -€240,000
no longer reported in 2025 (was €240,000)
- Profit (loss) carried forward +€132,603
up €132,603 (+130.7%), from €101,456 to €234,060
- Tax, wage and social debts -€30,500
down €30,500 (-83.6%), from €36,500 to €6,000
- Trade debts -€7,172
down €7,172 (-45.1%), from €15,915 to €8,743
- Gross operating margin +€132,013
up €132,013 (+42.1%), from €313,643 to €445,656
- Taxes +€31,204
up €31,204 (+40.8%), from €76,495 to €107,699
- Financial income +€5,590
up €5,590 (+2403.8%), from €233 to €5,823
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 | €413,144 | €268,097 | -€145,047 | -35.1% |
| Fixed assets | 21/28 | €9,101 | €61,297 | +€52,197 | +573.5% |
| Tangible fixed assets | 22/27 | €8,851 | €61,047 | +€52,197 | +589.7% |
| Land and buildings | 22 | €4,640 | - | -€4,640 | |
| Plant, machinery and equipment | 23 | €467 | - | -€467 | |
| Furniture and vehicles | 24 | €3,744 | €58,696 | +€54,953 | +1467.9% |
| Other tangible fixed assets | 26 | - | €2,351 | +€2,351 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €404,043 | €206,799 | -€197,244 | -48.8% |
| Amounts receivable within one year | 40/41 | €1,991 | €2,262 | +€271 | +13.6% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €1,991 | €262 | -€1,729 | -86.9% |
| Current investments | 50/53 | €120,000 | - | -€120,000 | |
| Cash at bank and in hand | 54/58 | €121,164 | €29,951 | -€91,213 | -75.3% |
| Deferred charges and accrued income | 490/1 | €160,888 | €174,587 | +€13,699 | +8.5% |
| Total equity and liabilities | 10/49 | €413,144 | €268,097 | -€145,047 | -35.1% |
| Equity | 10/15 | €120,056 | €252,660 | +€132,603 | +110.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,456 | €234,060 | +€132,603 | +130.7% |
| Amounts payable | 17/49 | €293,087 | €15,437 | -€277,650 | -94.7% |
| Amounts payable within one year | 42/48 | €292,415 | €14,743 | -€277,672 | -95.0% |
| Trade debts | 44 | €15,915 | €8,743 | -€7,172 | -45.1% |
| Suppliers | 440/4 | €15,915 | €8,743 | -€7,172 | -45.1% |
| Taxes, remuneration and social security | 45 | €36,500 | €6,000 | -€30,500 | -83.6% |
| Taxes | 450/3 | €36,500 | €6,000 | -€30,500 | -83.6% |
| Other amounts payable | 47/48 | €240,000 | - | -€240,000 | |
| Accrued charges and deferred income | 492/3 | €672 | €694 | +€22 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,235 | €4,770 | +€535 | +12.6% |
| Other operating charges | 640/8 | €2,829 | €6,271 | +€3,442 | +121.6% |
| Gross operating margin | 9900 | €313,643 | €445,656 | +€132,013 | +42.1% |
| Operating profit (loss) | 9901 | €306,578 | €434,614 | +€128,036 | +41.8% |
| Financial income | 75/76B | €233 | €5,823 | +€5,590 | +2403.8% |
| Recurring financial income | 75 | €233 | €5,823 | +€5,590 | +2403.8% |
| Financial charges | 65/66B | €32 | €135 | +€102 | +317.8% |
| Recurring financial charges | 65 | €32 | €135 | +€102 | +317.8% |
| Profit (loss) for the period before taxes | 9903 | €306,779 | €440,303 | +€133,524 | +43.5% |
| Income taxes | 67/77 | €76,495 | €107,699 | +€31,204 | +40.8% |
| Profit (loss) for the period | 9904 | €230,283 | €332,603 | +€102,320 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €230,283 | €332,603 | +€102,320 | +44.4% |
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 9 October 2026 via checked.be.