PR Investment: 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 Investment
Largest movements
- Tangible fixed assets -€171,216
down €171,216 (-99.8%), from €171,483 to €267
- Cash +€39,537
up €39,537 (+30.4%), from €130,087 to €169,624
mainly Investment in fixed assets (net) (+€170,934) and Net result for the year (+€61,861)
- Receivables within one year +€6,692
up €6,692 (+63.4%), from €10,550 to €17,242
- Debts after one year -€126,148
no longer reported in 2025 (was €126,148)
- Reserves +€61,861
up €61,861 (+231%), from €26,809 to €88,670
- Current portion of long-term debt -€28,852
no longer reported in 2025 (was €28,852)
- Other debts -€24,773
down €24,773 (-25.2%), from €98,241 to €73,468
- Tax, wage and social debts -€4,314
down €4,314 (-19.9%), from €21,660 to €17,346
- Gross operating margin -€29,604
down €29,604 (-19.8%), from €149,256 to €119,652
- Taxes -€15,336
down €15,336 (-46.3%), from €33,095 to €17,758
- Financial charges +€3,441
up €3,441 (+1,030%), from €334 to €3,775
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 | €312,419 | €187,133 | -€125,286 | -40.1% |
| Fixed assets | 21/28 | €171,483 | €267 | -€171,216 | -99.8% |
| Tangible fixed assets | 22/27 | €171,483 | €267 | -€171,216 | -99.8% |
| Furniture and vehicles | 24 | €171,483 | €267 | -€171,216 | -99.8% |
| Current assets | 29/58 | €140,936 | €186,866 | +€45,930 | +32.6% |
| Amounts receivable within one year | 40/41 | €10,550 | €17,242 | +€6,692 | +63.4% |
| Other amounts receivable | 41 | €10,550 | €17,242 | +€6,692 | +63.4% |
| Cash at bank and in hand | 54/58 | €130,087 | €169,624 | +€39,537 | +30.4% |
| Deferred charges and accrued income | 490/1 | €299 | - | -€299 | |
| Total equity and liabilities | 10/49 | €312,419 | €187,133 | -€125,286 | -40.1% |
| Equity | 10/15 | €31,809 | €93,670 | +€61,861 | +194% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,809 | €88,670 | +€61,861 | +231% |
| Distributable reserves | 133 | €26,809 | €88,670 | +€61,861 | +231% |
| Amounts payable | 17/49 | €280,610 | €93,463 | -€187,147 | -66.7% |
| Amounts payable after more than one year | 17 | €126,148 | - | -€126,148 | |
| Financial debts | 170/4 | €126,148 | - | -€126,148 | |
| Amounts payable within one year | 42/48 | €154,462 | €93,463 | -€60,999 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €28,852 | - | -€28,852 | |
| Trade debts | 44 | €5,709 | €2,649 | -€3,060 | -53.6% |
| Suppliers | 440/4 | €5,709 | €2,649 | -€3,060 | -53.6% |
| Taxes, remuneration and social security | 45 | €21,660 | €17,346 | -€4,314 | -19.9% |
| Taxes | 450/3 | €21,660 | €17,346 | -€4,314 | -19.9% |
| Other amounts payable | 47/48 | €98,241 | €73,468 | -€24,773 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,703 | €282 | -€1,422 | -83.5% |
| Other operating charges | 640/8 | €523 | €580 | +€56 | +10.8% |
| Non-recurring operating charges | 66A | - | €35,397 | +€35,397 | |
| Gross operating margin | 9900 | €149,256 | €119,652 | -€29,604 | -19.8% |
| Operating profit (loss) | 9901 | €147,030 | €83,394 | -€63,636 | -43.3% |
| Financial charges | 65/66B | €334 | €3,775 | +€3,441 | +1,030% |
| Recurring financial charges | 65 | €334 | €3,775 | +€3,441 | +1,030% |
| Profit (loss) for the period before taxes | 9903 | €146,696 | €79,619 | -€67,077 | -45.7% |
| Income taxes | 67/77 | €33,095 | €17,758 | -€15,336 | -46.3% |
| Profit (loss) for the period | 9904 | €113,601 | €61,861 | -€51,740 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €113,601 | €61,861 | -€51,740 | -45.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.