PRAETCAFE: 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.
PRAETCAFE
Largest movements
- Current investments +€44,389
up €44,389 (+51.7%), from €85,846 to €130,235
- Tangible fixed assets -€9,261
down €9,261 (-15.6%), from €59,470 to €50,209
- Cash -€6,399
down €6,399 (-26.7%), from €23,979 to €17,580
mainly Current investments (-€44,389) and Investment in fixed assets (net) (-€11,358)
- Intangible fixed assets -€3,500
no longer reported in 2025 (was €3,500)
- Receivables after one year -€2,667
down €2,667 (-7.7%), from €34,667 to €32,000
- Reserves +€47,353
up €47,353 (+26.7%), from €177,477 to €224,830
of which Tax-exempt reserves: +€29,470
- Other debts -€8,765
no longer reported in 2025 (was €8,765)
- Current portion of long-term debt -€6,715
down €6,715 (-47.1%), from €14,269 to €7,554
- Tax, wage and social debts -€5,547
down €5,547 (-31.2%), from €17,761 to €12,214
of which Taxes: -€5,631
- Trade debts -€3,379
down €3,379 (-40.3%), from €8,378 to €4,998
- Gross operating margin -€15,677
down €15,677 (-8.9%), from €176,002 to €160,325
- Taxes -€7,377
down €7,377 (-24.6%), from €30,011 to €22,634
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 | €226,657 | €249,959 | +€23,302 | +10.3% |
| Formation expenses | 20 | - | €876 | +€876 | |
| Fixed assets | 21/28 | €68,445 | €55,684 | -€12,761 | -18.6% |
| Intangible fixed assets | 21 | €3,500 | - | -€3,500 | |
| Tangible fixed assets | 22/27 | €59,470 | €50,209 | -€9,261 | -15.6% |
| Plant, machinery and equipment | 23 | €32,111 | €28,047 | -€4,064 | -12.7% |
| Furniture and vehicles | 24 | €4,038 | €2,287 | -€1,750 | -43.4% |
| Other tangible fixed assets | 26 | €23,321 | €19,875 | -€3,446 | -14.8% |
| Financial fixed assets | 28 | €5,475 | €5,475 | = | 0.0% |
| Current assets | 29/58 | €158,213 | €193,399 | +€35,187 | +22.2% |
| Amounts receivable after more than one year | 29 | €34,667 | €32,000 | -€2,667 | -7.7% |
| Other amounts receivable | 291 | €34,667 | €32,000 | -€2,667 | -7.7% |
| Stocks and contracts in progress | 3 | €7,691 | €7,491 | -€200 | -2.6% |
| Stocks | 30/36 | €7,691 | €7,491 | -€200 | -2.6% |
| Amounts receivable within one year | 40/41 | €3,394 | €3,020 | -€375 | -11.0% |
| Trade receivables | 40 | €1,375 | €50 | -€1,325 | -96.4% |
| Other amounts receivable | 41 | €2,019 | €2,970 | +€950 | +47.1% |
| Current investments | 50/53 | €85,846 | €130,235 | +€44,389 | +51.7% |
| Cash at bank and in hand | 54/58 | €23,979 | €17,580 | -€6,399 | -26.7% |
| Deferred charges and accrued income | 490/1 | €2,634 | €3,073 | +€439 | +16.7% |
| Total equity and liabilities | 10/49 | €226,657 | €249,959 | +€23,302 | +10.3% |
| Equity | 10/15 | €177,477 | €224,830 | +€47,353 | +26.7% |
| Reserves | 13 | €177,477 | €224,830 | +€47,353 | +26.7% |
| Tax-exempt reserves | 132 | €37,890 | €67,360 | +€29,470 | +77.8% |
| Distributable reserves | 133 | €139,587 | €157,470 | +€17,883 | +12.8% |
| Amounts payable | 17/49 | €49,180 | €25,129 | -€24,051 | -48.9% |
| Amounts payable within one year | 42/48 | €49,172 | €24,767 | -€24,405 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €14,269 | €7,554 | -€6,715 | -47.1% |
| Trade debts | 44 | €8,378 | €4,998 | -€3,379 | -40.3% |
| Suppliers | 440/4 | €8,378 | €4,998 | -€3,379 | -40.3% |
| Taxes, remuneration and social security | 45 | €17,761 | €12,214 | -€5,547 | -31.2% |
| Taxes | 450/3 | €12,335 | €6,705 | -€5,631 | -45.6% |
| Remuneration and social security | 454/9 | €5,425 | €5,509 | +€84 | +1.5% |
| Other amounts payable | 47/48 | €8,765 | - | -€8,765 | |
| Accrued charges and deferred income | 492/3 | €8 | €362 | +€354 | +4177.4% |
| Remuneration, social security and pensions | 62 | €65,097 | €64,440 | -€657 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,745 | €23,243 | +€1,498 | +6.9% |
| Other operating charges | 640/8 | €1,989 | €2,075 | +€87 | +4.4% |
| Gross operating margin | 9900 | €176,002 | €160,325 | -€15,677 | -8.9% |
| Operating profit (loss) | 9901 | €87,171 | €70,567 | -€16,604 | -19.0% |
| Financial income | 75/76B | €1,609 | €1,469 | -€140 | -8.7% |
| Recurring financial income | 75 | €1,609 | €1,469 | -€140 | -8.7% |
| Financial charges | 65/66B | €421 | €2,049 | +€1,628 | +386.6% |
| Recurring financial charges | 65 | €421 | €242 | -€179 | -42.4% |
| Non-recurring financial charges | 66B | - | €1,806 | +€1,806 | |
| Profit (loss) for the period before taxes | 9903 | €88,359 | €69,987 | -€18,372 | -20.8% |
| Income taxes | 67/77 | €30,011 | €22,634 | -€7,377 | -24.6% |
| Profit (loss) for the period | 9904 | €58,349 | €47,353 | -€10,995 | -18.8% |
| Transfer from tax-exempt reserves | 789 | €22,313 | - | -€22,313 | |
| Transfer to tax-exempt reserves | 689 | €37,890 | €29,470 | -€8,420 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,772 | €17,883 | -€24,888 | -58.2% |
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 12 October 2026 via checked.be.