PRACXIS: 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.
PRACXIS
Largest movements
- Cash +€21,506
up €21,506 (+17.4%), from €123,479 to €144,985
mainly Depreciation (+€20,964) and Net result for the year (+€11,608)
- Tangible fixed assets -€19,673
down €19,673 (-15.5%), from €126,541 to €106,868
- Reserves +€11,608
up €11,608 (+6.7%), from €174,502 to €186,111
- Debts after one year -€10,485
down €10,485 (-15.7%), from €66,827 to €56,342
- Current portion of long-term debt -€3,185
down €3,185 (-23.3%), from €13,670 to €10,485
- Gross operating margin +€22,709
up €22,709 (+160.7%), from €14,130 to €36,840
- Taxes +€2,848
up €2,848 (+1854.1%), from €154 to €3,002
- Financial income +€1,091
up €1,091 (+154.2%), from €708 to €1,799
- Depreciation -€801
down €801 (-3.7%), from €21,765 to €20,964
- Financial charges -€606
down €606 (-27.5%), from €2,207 to €1,601
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.
Cash bridge derived
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 | €282,337 | €281,933 | -€403 | -0.1% |
| Fixed assets | 21/28 | €126,541 | €106,868 | -€19,673 | -15.5% |
| Tangible fixed assets | 22/27 | €126,541 | €106,868 | -€19,673 | -15.5% |
| Land and buildings | 22 | €88,295 | €79,026 | -€9,269 | -10.5% |
| Plant, machinery and equipment | 23 | €3,333 | €1,897 | -€1,437 | -43.1% |
| Furniture and vehicles | 24 | €34,912 | €25,945 | -€8,967 | -25.7% |
| Current assets | 29/58 | €155,796 | €175,065 | +€19,269 | +12.4% |
| Amounts receivable within one year | 40/41 | €10,520 | €8,587 | -€1,932 | -18.4% |
| Trade receivables | 40 | €4,511 | €3,265 | -€1,246 | -27.6% |
| Other amounts receivable | 41 | €6,009 | €5,323 | -€686 | -11.4% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,479 | €144,985 | +€21,506 | +17.4% |
| Deferred charges and accrued income | 490/1 | €1,797 | €1,493 | -€304 | -16.9% |
| Total equity and liabilities | 10/49 | €282,337 | €281,933 | -€403 | -0.1% |
| Equity | 10/15 | €186,902 | €198,511 | +€11,608 | +6.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €174,502 | €186,111 | +€11,608 | +6.7% |
| Distributable reserves | 133 | €174,502 | €186,111 | +€11,608 | +6.7% |
| Amounts payable | 17/49 | €95,434 | €83,423 | -€12,012 | -12.6% |
| Amounts payable after more than one year | 17 | €66,827 | €56,342 | -€10,485 | -15.7% |
| Financial debts | 170/4 | €66,827 | €56,342 | -€10,485 | -15.7% |
| Amounts payable within one year | 42/48 | €28,607 | €27,080 | -€1,526 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €13,670 | €10,485 | -€3,185 | -23.3% |
| Financial debts | 43 | - | €2,371 | +€2,371 | |
| Credit institutions | 430/8 | - | €2,371 | +€2,371 | |
| Trade debts | 44 | €3,418 | €2,657 | -€761 | -22.3% |
| Suppliers | 440/4 | €3,418 | €2,657 | -€761 | -22.3% |
| Taxes, remuneration and social security | 45 | €8,599 | €8,246 | -€354 | -4.1% |
| Taxes | 450/3 | €8,599 | €8,246 | -€354 | -4.1% |
| Other amounts payable | 47/48 | €2,919 | €3,321 | +€402 | +13.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,765 | €20,964 | -€801 | -3.7% |
| Other operating charges | 640/8 | €1,370 | €1,464 | +€94 | +6.9% |
| Gross operating margin | 9900 | €14,130 | €36,840 | +€22,709 | +160.7% |
| Operating profit (loss) | 9901 | -€9,005 | €14,412 | +€23,417 | |
| Financial income | 75/76B | €708 | €1,799 | +€1,091 | +154.2% |
| Recurring financial income | 75 | €708 | €1,799 | +€1,091 | +154.2% |
| Financial charges | 65/66B | €2,207 | €1,601 | -€606 | -27.5% |
| Recurring financial charges | 65 | €2,207 | €1,601 | -€606 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,504 | €14,610 | +€25,114 | |
| Income taxes | 67/77 | €154 | €3,002 | +€2,848 | +1854.1% |
| Profit (loss) for the period | 9904 | -€10,657 | €11,608 | +€22,266 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,657 | €11,608 | +€22,266 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.