PR CONSTRUCT: 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.
PR CONSTRUCT
Largest movements
- Cash -€173,561
down €173,561 (-63.7%), from €272,492 to €98,932
mainly Contributions, distributions and other (-€175,519) and Other debts (-€79,777)
- Tangible fixed assets +€17,535
up €17,535 (+15,894%), from €110 to €17,646
- Other debts -€79,777
down €79,777 (-52.8%), from €150,990 to €71,213
- Profit (loss) carried forward -€70,436
down €70,436 (-67.2%), from €104,811 to €34,375
- Tax, wage and social debts -€5,423
down €5,423 (-41.3%), from €13,142 to €7,719
- Gross operating margin +€3,737
up €3,737 (+2.8%), from €135,781 to €139,518
- Depreciation +€3,340
up €3,340 (+464%), from €720 to €4,060
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 | €273,152 | €116,815 | -€156,337 | -57.2% |
| Fixed assets | 21/28 | €110 | €17,646 | +€17,535 | +15,894% |
| Tangible fixed assets | 22/27 | €110 | €17,646 | +€17,535 | +15,894% |
| Furniture and vehicles | 24 | €110 | €17,646 | +€17,535 | +15,894% |
| Current assets | 29/58 | €273,042 | €99,169 | -€173,873 | -63.7% |
| Amounts receivable within one year | 40/41 | €492 | - | -€492 | |
| Other amounts receivable | 41 | €492 | - | -€492 | |
| Cash at bank and in hand | 54/58 | €272,492 | €98,932 | -€173,561 | -63.7% |
| Deferred charges and accrued income | 490/1 | €57 | €237 | +€180 | +316% |
| Total equity and liabilities | 10/49 | €273,152 | €116,815 | -€156,337 | -57.2% |
| Equity | 10/15 | €108,019 | €36,875 | -€71,144 | -65.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €708 | - | -€708 | |
| Distributable reserves | 133 | €708 | - | -€708 | |
| Profit (loss) carried forward | 14 | €104,811 | €34,375 | -€70,436 | -67.2% |
| Amounts payable | 17/49 | €165,133 | €79,939 | -€85,193 | -51.6% |
| Amounts payable within one year | 42/48 | €165,133 | €79,939 | -€85,193 | -51.6% |
| Trade debts | 44 | €1,001 | €1,007 | +€7 | +0.7% |
| Suppliers | 440/4 | €1,001 | €1,007 | +€7 | +0.7% |
| Taxes, remuneration and social security | 45 | €13,142 | €7,719 | -€5,423 | -41.3% |
| Taxes | 450/3 | €13,142 | €7,719 | -€5,423 | -41.3% |
| Other amounts payable | 47/48 | €150,990 | €71,213 | -€79,777 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €720 | €4,060 | +€3,340 | +464% |
| Other operating charges | 640/8 | €607 | €593 | -€14 | -2.3% |
| Gross operating margin | 9900 | €135,781 | €139,518 | +€3,737 | +2.8% |
| Operating profit (loss) | 9901 | €134,454 | €134,865 | +€411 | +0.3% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €134,319 | €134,715 | +€396 | +0.3% |
| Income taxes | 67/77 | €29,508 | €30,340 | +€832 | +2.8% |
| Profit (loss) for the period | 9904 | €104,811 | €104,375 | -€436 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €104,811 | €104,375 | -€436 | -0.4% |
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 24 October 2026 via checked.be.