PRACTICA: 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.
PRACTICA
Largest movements
- Tangible fixed assets -€24,000
down €24,000 (-5.6%), from €432,000 to €408,000
of which Land and buildings: -€24,000
- Financial fixed assets +€22,162
up €22,162 (+6.3%), from €349,500 to €371,662
- Debts after one year -€137,000
down €137,000 (-30.2%), from €453,083 to €316,083
- Other debts +€97,719
up €97,719 (+121%), from €80,622 to €178,341
- Profit (loss) carried forward +€29,803
up €29,803 (+19.4%), from €153,371 to €183,173
- Gross operating margin -€3,866
down €3,866 (-4.8%), from €79,795 to €75,929
- Taxes -€2,824
down €2,824 (-24.5%), from €11,517 to €8,693
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 | €798,871 | €790,801 | -€8,070 | -1.0% |
| Fixed assets | 21/28 | €781,500 | €779,662 | -€1,838 | -0.2% |
| Tangible fixed assets | 22/27 | €432,000 | €408,000 | -€24,000 | -5.6% |
| Land and buildings | 22 | €432,000 | €408,000 | -€24,000 | -5.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €349,500 | €371,662 | +€22,162 | +6.3% |
| Current assets | 29/58 | €17,371 | €11,139 | -€6,232 | -35.9% |
| Amounts receivable within one year | 40/41 | €7,580 | €7,629 | +€49 | +0.6% |
| Trade receivables | 40 | €7,580 | €7,580 | = | 0.0% |
| Other amounts receivable | 41 | - | €49 | +€49 | |
| Cash at bank and in hand | 54/58 | €7,525 | €1,608 | -€5,917 | -78.6% |
| Deferred charges and accrued income | 490/1 | €2,266 | €1,902 | -€365 | -16.1% |
| Total equity and liabilities | 10/49 | €798,871 | €790,801 | -€8,070 | -1.0% |
| Equity | 10/15 | €166,371 | €196,173 | +€29,803 | +17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,371 | €183,173 | +€29,803 | +19.4% |
| Amounts payable | 17/49 | €632,500 | €594,627 | -€37,873 | -6.0% |
| Amounts payable after more than one year | 17 | €453,083 | €316,083 | -€137,000 | -30.2% |
| Financial debts | 170/4 | €453,083 | €316,083 | -€137,000 | -30.2% |
| Amounts payable within one year | 42/48 | €172,917 | €272,044 | +€99,127 | +57.3% |
| Current portion of amounts payable after more than one year | 42 | €65,000 | €65,000 | = | 0.0% |
| Trade debts | 44 | €991 | €2,645 | +€1,654 | +167% |
| Suppliers | 440/4 | €991 | €2,645 | +€1,654 | +167% |
| Taxes, remuneration and social security | 45 | €26,304 | €26,058 | -€245 | -0.9% |
| Taxes | 450/3 | €26,304 | €21,808 | -€4,495 | -17.1% |
| Remuneration and social security | 454/9 | - | €4,250 | +€4,250 | |
| Other amounts payable | 47/48 | €80,622 | €178,341 | +€97,719 | +121% |
| Accrued charges and deferred income | 492/3 | €6,500 | €6,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,000 | €24,000 | = | 0.0% |
| Other operating charges | 640/8 | €5,981 | €5,500 | -€482 | -8.1% |
| Gross operating margin | 9900 | €79,795 | €75,929 | -€3,866 | -4.8% |
| Operating profit (loss) | 9901 | €49,813 | €46,429 | -€3,384 | -6.8% |
| Financial charges | 65/66B | €8,629 | €7,934 | -€696 | -8.1% |
| Recurring financial charges | 65 | €8,629 | €7,934 | -€696 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €41,184 | €38,495 | -€2,689 | -6.5% |
| Income taxes | 67/77 | €11,517 | €8,693 | -€2,824 | -24.5% |
| Profit (loss) for the period | 9904 | €29,667 | €29,803 | +€136 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,667 | €29,803 | +€136 | +0.5% |
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.