PRACTICUM: 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.
PRACTICUM
Largest movements
- Cash +€4,324
up €4,324 (+18.5%), from €23,366 to €27,690
mainly Depreciation (+€4,078) and Net result for the year (+€1,219)
- Tangible fixed assets -€2,855
down €2,855 (-11.4%), from €25,075 to €22,220
- Reserves +€1,219
up €1,219 (+4.0%), from €30,168 to €31,387
- Depreciation +€222
up €222 (+5.8%), from €3,856 to €4,078
- Gross operating margin +€108
up €108 (+1.2%), from €8,773 to €8,881
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 | €48,768 | €49,987 | +€1,219 | +2.5% |
| Fixed assets | 21/28 | €25,075 | €22,220 | -€2,855 | -11.4% |
| Tangible fixed assets | 22/27 | €25,075 | €22,220 | -€2,855 | -11.4% |
| Land and buildings | 22 | €25,075 | €22,220 | -€2,855 | -11.4% |
| Current assets | 29/58 | €23,693 | €27,767 | +€4,074 | +17.2% |
| Cash at bank and in hand | 54/58 | €23,366 | €27,690 | +€4,324 | +18.5% |
| Deferred charges and accrued income | 490/1 | €327 | €77 | -€250 | -76.5% |
| Total equity and liabilities | 10/49 | €48,768 | €49,987 | +€1,219 | +2.5% |
| Equity | 10/15 | €48,768 | €49,987 | +€1,219 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,168 | €31,387 | +€1,219 | +4.0% |
| Distributable reserves | 133 | €30,168 | €31,387 | +€1,219 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,856 | €4,078 | +€222 | +5.8% |
| Other operating charges | 640/8 | €3,535 | €3,539 | +€4 | +0.1% |
| Gross operating margin | 9900 | €8,773 | €8,881 | +€108 | +1.2% |
| Operating profit (loss) | 9901 | €1,382 | €1,264 | -€118 | -8.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,337 | €1,219 | -€118 | -8.8% |
| Profit (loss) for the period | 9904 | €1,337 | €1,219 | -€118 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,337 | €1,219 | -€118 | -8.8% |
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.