PR Management: 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 Management
Largest movements
- Tangible fixed assets -€28,500
down €28,500 (-16.7%), from €171,090 to €142,590
of which Other tangible fixed assets: -€24,841
- Receivables within one year -€5,111
down €5,111 (-64.8%), from €7,891 to €2,780
of which Other amounts receivable: -€3,754
- Profit (loss) carried forward -€78,748
down €78,748 (-11.6%), from -€679,547 to -€758,295
- Other debts +€55,941
up €55,941 (+6.8%), from €827,470 to €883,411
- Tax, wage and social debts -€5,189
down €5,189 (-100%), from €5,189 to €0
of which Remuneration and social security: -€5,189
- Trade debts -€4,780
down €4,780 (-79.9%), from €5,980 to €1,200
- Staff costs -€89,906
down €89,906 (-100%), from €89,906 to €0
- Gross operating margin -€36,315
down €36,315, from €33,368 to -€2,946
- Depreciation -€4,719
down €4,719 (-14.2%), from €33,219 to €28,500
- Other operating charges -€2,180
down €2,180 (-76.8%), from €2,840 to €660
- Financial charges +€1,775
up €1,775 (+4.0%), from €44,867 to €46,642
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 | €181,269 | €146,776 | -€34,493 | -19.0% |
| Fixed assets | 21/28 | €171,090 | €142,590 | -€28,500 | -16.7% |
| Tangible fixed assets | 22/27 | €171,090 | €142,590 | -€28,500 | -16.7% |
| Plant, machinery and equipment | 23 | €1,619 | €461 | -€1,159 | -71.5% |
| Furniture and vehicles | 24 | €11,953 | €9,453 | -€2,500 | -20.9% |
| Other tangible fixed assets | 26 | €157,518 | €132,676 | -€24,841 | -15.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €10,179 | €4,186 | -€5,993 | -58.9% |
| Stocks and contracts in progress | 3 | €1,683 | €0 | -€1,683 | -100% |
| Stocks | 30/36 | €1,683 | €0 | -€1,683 | -100% |
| Amounts receivable within one year | 40/41 | €7,891 | €2,780 | -€5,111 | -64.8% |
| Trade receivables | 40 | €3,041 | €1,683 | -€1,357 | -44.6% |
| Other amounts receivable | 41 | €4,851 | €1,096 | -€3,754 | -77.4% |
| Cash at bank and in hand | 54/58 | €396 | €1,043 | +€647 | +164% |
| Deferred charges and accrued income | 490/1 | €209 | €363 | +€154 | +73.9% |
| Total equity and liabilities | 10/49 | €181,269 | €146,776 | -€34,493 | -19.0% |
| Equity | 10/15 | -€659,087 | -€737,835 | -€78,748 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€679,547 | -€758,295 | -€78,748 | -11.6% |
| Amounts payable | 17/49 | €840,356 | €884,611 | +€44,254 | +5.3% |
| Amounts payable within one year | 42/48 | €838,639 | €884,611 | +€45,972 | +5.5% |
| Trade debts | 44 | €5,980 | €1,200 | -€4,780 | -79.9% |
| Suppliers | 440/4 | €5,980 | €1,200 | -€4,780 | -79.9% |
| Taxes, remuneration and social security | 45 | €5,189 | €0 | -€5,189 | -100% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €5,189 | €0 | -€5,189 | -100% |
| Other amounts payable | 47/48 | €827,470 | €883,411 | +€55,941 | +6.8% |
| Accrued charges and deferred income | 492/3 | €1,718 | €0 | -€1,718 | -100% |
| Remuneration, social security and pensions | 62 | €89,906 | €0 | -€89,906 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,219 | €28,500 | -€4,719 | -14.2% |
| Other operating charges | 640/8 | €2,840 | €660 | -€2,180 | -76.8% |
| Gross operating margin | 9900 | €33,368 | -€2,946 | -€36,315 | |
| Operating profit (loss) | 9901 | -€92,597 | -€32,106 | +€60,491 | +65.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €44,867 | €46,642 | +€1,775 | +4.0% |
| Recurring financial charges | 65 | €44,867 | €46,642 | +€1,775 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€137,463 | -€78,748 | +€58,715 | +42.7% |
| Profit (loss) for the period | 9904 | -€137,463 | -€78,748 | +€58,715 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€137,463 | -€78,748 | +€58,715 | +42.7% |
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 14 October 2026 via checked.be.