PRACTIC CONSTRUCT: what changed
Two fiscal 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.
PRACTIC CONSTRUCT
Largest movements
- Receivables within one year +€56,642
up €56,642 (+32.9%), from €172,310 to €228,952
of which Trade receivables: +€68,580
- Cash +€8,618
up €8,618 (+132.4%), from €6,508 to €15,126
mainly Net result for the year (+€57,521) and Depreciation (+€4,521)
- Tangible fixed assets -€4,521
down €4,521 (-29.5%), from €15,305 to €10,783
of which Furniture and vehicles: -€4,301
- Profit (loss) carried forward +€57,521
up €57,521 (+30.7%), from €187,364 to €244,885
- Gross operating margin +€88,471
up €88,471, from -€6,421 to €82,050
- Taxes +€17,900
new in 2024: €17,900
- Staff costs +€825
up €825 (+1441.0%), from €57 to €882
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,548 | €260,931 | +€58,383 | +28.8% |
| Fixed assets | 21/28 | €15,435 | €10,913 | -€4,521 | -29.3% |
| Tangible fixed assets | 22/27 | €15,305 | €10,783 | -€4,521 | -29.5% |
| Plant, machinery and equipment | 23 | €898 | €678 | -€220 | -24.5% |
| Furniture and vehicles | 24 | €14,406 | €10,105 | -€4,301 | -29.9% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €187,113 | €250,018 | +€62,905 | +33.6% |
| Amounts receivable within one year | 40/41 | €172,310 | €228,952 | +€56,642 | +32.9% |
| Trade receivables | 40 | €135,272 | €203,852 | +€68,580 | +50.7% |
| Other amounts receivable | 41 | €37,038 | €25,100 | -€11,937 | -32.2% |
| Cash at bank and in hand | 54/58 | €6,508 | €15,126 | +€8,618 | +132.4% |
| Deferred charges and accrued income | 490/1 | €8,295 | €5,940 | -€2,355 | -28.4% |
| Total equity and liabilities | 10/49 | €202,548 | €260,931 | +€58,383 | +28.8% |
| Equity | 10/15 | €190,364 | €247,885 | +€57,521 | +30.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,364 | €244,885 | +€57,521 | +30.7% |
| Amounts payable | 17/49 | €12,184 | €13,046 | +€862 | +7.1% |
| Amounts payable within one year | 42/48 | €12,184 | €13,046 | +€862 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €9,188 | €9,186 | -€2 | 0.0% |
| Trade debts | 44 | €1,796 | €857 | -€939 | -52.3% |
| Suppliers | 440/4 | €1,796 | €857 | -€939 | -52.3% |
| Taxes, remuneration and social security | 45 | €1,200 | €2,000 | +€800 | +66.7% |
| Taxes | 450/3 | €1,200 | €2,000 | +€800 | +66.7% |
| Other amounts payable | 47/48 | - | €1,003 | +€1,003 | |
| Remuneration, social security and pensions | 62 | €57 | €882 | +€825 | +1441.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,503 | €4,521 | +€18 | +0.4% |
| Other operating charges | 640/8 | €462 | €477 | +€15 | +3.3% |
| Gross operating margin | 9900 | -€6,421 | €82,050 | +€88,471 | |
| Operating profit (loss) | 9901 | -€11,443 | €76,170 | +€87,613 | |
| Financial charges | 65/66B | €478 | €749 | +€270 | +56.5% |
| Recurring financial charges | 65 | €478 | €749 | +€270 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,921 | €75,421 | +€87,342 | |
| Income taxes | 67/77 | - | €17,900 | +€17,900 | |
| Profit (loss) for the period | 9904 | -€11,921 | €57,521 | +€69,443 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,921 | €57,521 | +€69,443 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.