PR Land: 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.
What changed
PR Land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€26,564
2024 · €23,984+€2,580
Equity
€114,980
2024 · €88,416+€26,564
Cash
€59,243
2024 · €9,826+€49,416
Balance sheet total
€15.7m
2024 · €14.6m+€1.0m
Largest movements
Assets
- Stocks and contracts +€917,545
up €917,545 (+6.3%), from €14.5m to €15.4m
Equity and liabilities
- Debts after one year +€8.2m
up €8.2m (+141%), from €5.8m to €14.1m
of which Financial debts: +€8.2m
- Short-term financial debts -€7.7m
down €7.7m (-100%), from €7.7m to €0
- Accrued charges and deferred income +€479,302
up €479,302 (+52.7%), from €909,005 to €1.4m
Income statement
- Other operating income -€73,693
no longer reported in 2025 (was €73,693)
- Goods and materials -€56,855
no longer reported in 2025 (was €56,855)
- Gross operating margin +€39,333
new in 2025: €39,333
- Services and other goods -€26,749
no longer reported in 2025 (was €26,749)
- Other operating charges -€6,092
down €6,092 (-35.5%), from €17,144 to €11,053
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.
Result 2024
€23,984
Other operating charges
+€6,092
Other operating items
-€7,612
Financial income
+€5,531
Financial charges
-€212
Taxes
-€1,219
Result 2025
€26,564
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€466,259
Investment
€0
Financing
+€515,675
Cash 2024
€9,826
From operations (derived)
-€466,259
Net result for the year
+€26,564
Receivables after one year
-€37,500
Stocks and contracts
-€917,545
Deferred charges and accrued income
-€38,953
Trade debts
+€20,654
Tax, wage and social debts
+€1,219
Accrued charges and deferred income
+€479,302
Financing
+€515,675
Debts after one year
+€8.2m
Short-term financial debts
-€7.7m
Cash 2025
€59,243
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,615,651 | €15,659,065 | +€1.0m | +7.1% |
| Current assets | 29/58 | €14,615,651 | €15,659,065 | +€1.0m | +7.1% |
| Amounts receivable after more than one year | 29 | €110,000 | €147,500 | +€37,500 | +34.1% |
| Other amounts receivable | 291 | €110,000 | €147,500 | +€37,500 | +34.1% |
| Stocks and contracts in progress | 3 | €14,491,322 | €15,408,867 | +€917,545 | +6.3% |
| Stocks | 30/36 | €14,491,322 | €15,408,867 | +€917,545 | +6.3% |
| Property held for sale | 35 | €14,491,322 | - | -€14.5m | |
| Amounts receivable within one year | 40/41 | €121 | €121 | = | 0.0% |
| Trade receivables | 40 | €121 | €121 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,826 | €59,243 | +€49,416 | +503% |
| Deferred charges and accrued income | 490/1 | €4,381 | €43,334 | +€38,953 | +889% |
| Total equity and liabilities | 10/49 | €14,615,651 | €15,659,065 | +€1.0m | +7.1% |
| Equity | 10/15 | €88,416 | €114,980 | +€26,564 | +30.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,346 | €2,674 | +€1,328 | +98.7% |
| Non-distributable reserves | 130/1 | €1,346 | €2,674 | +€1,328 | +98.7% |
| Legal reserve | 130 | €1,346 | €2,674 | +€1,328 | +98.7% |
| Profit (loss) carried forward | 14 | €25,570 | €50,806 | +€25,236 | +98.7% |
| Amounts payable | 17/49 | €14,527,235 | €15,544,085 | +€1.0m | +7.0% |
| Amounts payable after more than one year | 17 | €5,847,519 | €14,083,194 | +€8.2m | +141% |
| Financial debts | 170/4 | €5,830,389 | €14,065,389 | +€8.2m | +141% |
| Credit institutions | 173 | €0 | - | = | |
| Other loans | 174 | €5,830,389 | - | -€5.8m | |
| Other amounts payable | 178/9 | €17,130 | €17,805 | +€675 | +3.9% |
| Amounts payable within one year | 42/48 | €7,770,710 | €72,583 | -€7.7m | -99.1% |
| Financial debts | 43 | €7,720,000 | €0 | -€7.7m | -100% |
| Credit institutions | 430/8 | €7,720,000 | €0 | -€7.7m | -100% |
| Trade debts | 44 | €41,980 | €62,633 | +€20,654 | +49.2% |
| Suppliers | 440/4 | €41,980 | €62,633 | +€20,654 | +49.2% |
| Taxes, remuneration and social security | 45 | €8,731 | €9,950 | +€1,219 | +14.0% |
| Taxes | 450/3 | €8,731 | €9,950 | +€1,219 | +14.0% |
| Accrued charges and deferred income | 492/3 | €909,005 | €1,388,308 | +€479,302 | +52.7% |
| Operating income | 70/76A | €130,548 | - | -€130,548 | |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €56,855 | - | -€56,855 | |
| Other operating income | 74 | €73,693 | - | -€73,693 | |
| Operating charges | 60/66A | €100,748 | - | -€100,748 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €77,911 | +€77,911 | |
| Goods for resale, raw materials and consumables | 60 | €56,855 | - | -€56,855 | |
| Purchases | 600/8 | €56,855 | - | -€56,855 | |
| Services and other goods | 61 | €26,749 | - | -€26,749 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €17,144 | €11,053 | -€6,092 | -35.5% |
| Gross operating margin | 9900 | - | €39,333 | +€39,333 | |
| Operating profit (loss) | 9901 | €29,800 | €28,280 | -€1,520 | -5.1% |
| Financial income | 75/76B | €3,536 | €9,067 | +€5,531 | +156% |
| Recurring financial income | 75 | €3,536 | €9,067 | +€5,531 | +156% |
| Income from current assets | 751 | €3,536 | - | -€3,536 | |
| Financial charges | 65/66B | €621 | €832 | +€212 | +34.1% |
| Recurring financial charges | 65 | €621 | €832 | +€212 | +34.1% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €621 | - | -€621 | |
| Profit (loss) for the period before taxes | 9903 | €32,715 | €36,515 | +€3,800 | +11.6% |
| Income taxes | 67/77 | €8,731 | €9,950 | +€1,219 | +14.0% |
| Taxes | 670/3 | €8,731 | - | -€8,731 | |
| Profit (loss) for the period | 9904 | €23,984 | €26,564 | +€2,580 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,984 | €26,564 | +€2,580 | +10.8% |
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 15 October 2026 via checked.be.