PRAET DECO: 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.
PRAET DECO
Largest movements
- Tangible fixed assets -€9,466
down €9,466 (-45.7%), from €20,692 to €11,226
- Receivables within one year +€2,819
up €2,819 (+73.9%), from €3,812 to €6,632
of which Other amounts receivable: +€2,772
- Receivables after one year +€1,377
up €1,377 (+3.0%), from €45,895 to €47,271
- Cash -€864
down €864 (-54.2%), from €1,596 to €731
mainly Other debts (-€4,357) and Receivables within one year (-€2,819)
- Other debts -€4,357
no longer reported in 2025 (was €4,357)
- Reserves +€2,575
up €2,575 (+6.0%), from €42,941 to €45,516
of which Distributable reserves: +€2,575
- Current portion of long-term debt -€2,458
no longer reported in 2025 (was €2,458)
- Tax, wage and social debts -€1,681
down €1,681 (-53.0%), from €3,168 to €1,488
- Gross operating margin -€6,849
down €6,849 (-33.0%), from €20,779 to €13,930
- Taxes -€1,991
down €1,991 (-54.4%), from €3,658 to €1,667
- Financial charges -€945
down €945 (-96.8%), from €976 to €31
of which Financial charges: -€829
- Other operating charges +€446
up €446 (+42.1%), from €1,059 to €1,505
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 | €72,998 | €66,926 | -€6,072 | -8.3% |
| Fixed assets | 21/28 | €20,692 | €11,226 | -€9,466 | -45.7% |
| Tangible fixed assets | 22/27 | €20,692 | €11,226 | -€9,466 | -45.7% |
| Furniture and vehicles | 24 | €20,692 | €11,226 | -€9,466 | -45.7% |
| Current assets | 29/58 | €52,306 | €55,700 | +€3,394 | +6.5% |
| Amounts receivable after more than one year | 29 | €45,895 | €47,271 | +€1,377 | +3.0% |
| Other amounts receivable | 291 | €45,895 | €47,271 | +€1,377 | +3.0% |
| Amounts receivable within one year | 40/41 | €3,812 | €6,632 | +€2,819 | +73.9% |
| Trade receivables | 40 | - | €47 | +€47 | |
| Other amounts receivable | 41 | €3,812 | €6,585 | +€2,772 | +72.7% |
| Cash at bank and in hand | 54/58 | €1,596 | €731 | -€864 | -54.2% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,065 | +€62 | +6.2% |
| Total equity and liabilities | 10/49 | €72,998 | €66,926 | -€6,072 | -8.3% |
| Equity | 10/15 | €62,080 | €64,655 | +€2,575 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,941 | €45,516 | +€2,575 | +6.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,081 | €43,656 | +€2,575 | +6.3% |
| Profit (loss) carried forward | 14 | €539 | €539 | = | 0.0% |
| Amounts payable | 17/49 | €10,918 | €2,271 | -€8,647 | -79.2% |
| Amounts payable within one year | 42/48 | €10,918 | €2,271 | -€8,647 | -79.2% |
| Current portion of amounts payable after more than one year | 42 | €2,458 | - | -€2,458 | |
| Trade debts | 44 | €934 | €783 | -€151 | -16.2% |
| Suppliers | 440/4 | €934 | €783 | -€151 | -16.2% |
| Taxes, remuneration and social security | 45 | €3,168 | €1,488 | -€1,681 | -53.0% |
| Taxes | 450/3 | €3,168 | €1,488 | -€1,681 | -53.0% |
| Other amounts payable | 47/48 | €4,357 | - | -€4,357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,487 | €9,466 | -€21 | -0.2% |
| Other operating charges | 640/8 | €1,059 | €1,505 | +€446 | +42.1% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €20,779 | €13,930 | -€6,849 | -33.0% |
| Operating profit (loss) | 9901 | €10,234 | €2,896 | -€7,337 | -71.7% |
| Financial income | 75/76B | €1,351 | €1,377 | +€26 | +1.9% |
| Recurring financial income | 75 | €1,351 | €1,377 | +€26 | +1.9% |
| Financial charges | 65/66B | €976 | €31 | -€945 | -96.8% |
| Recurring financial charges | 65 | €860 | €31 | -€829 | -96.4% |
| Non-recurring financial charges | 66B | €116 | - | -€116 | |
| Profit (loss) for the period before taxes | 9903 | €10,609 | €4,242 | -€6,367 | -60.0% |
| Income taxes | 67/77 | €3,658 | €1,667 | -€1,991 | -54.4% |
| Profit (loss) for the period | 9904 | €6,951 | €2,575 | -€4,376 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,951 | €2,575 | -€4,376 | -63.0% |
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 23 October 2026 via checked.be.