PRAGM ARCHITECTS: 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.
PRAGM ARCHITECTS
Largest movements
- Receivables within one year +€5,280
up €5,280 (+60.3%), from €8,752 to €14,032
of which Trade receivables: +€7,249
- Cash -€830
down €830 (-1.9%), from €42,728 to €41,898
mainly Contributions, distributions and other (-€25,000) and Receivables within one year (-€5,280)
- Current portion of long-term debt +€2,706
new in 2025: €2,706
- Other debts +€2,249
up €2,249 (+10.9%), from €20,710 to €22,959
- Trade debts +€1,220
up €1,220 (+28.1%), from €4,345 to €5,565
- Profit (loss) carried forward -€863
down €863 (-6.7%), from €12,894 to €12,031
- Tax, wage and social debts -€828
down €828 (-21.0%), from €3,952 to €3,124
of which Taxes: -€1,279
- Gross operating margin -€7,226
down €7,226 (-16.3%), from €44,245 to €37,019
- Taxes -€3,770
down €3,770 (-34.2%), from €11,037 to €7,267
- Depreciation +€623
up €623 (+31.6%), from €1,972 to €2,596
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 | €60,500 | €64,985 | +€4,484 | +7.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,339 | €4,770 | -€569 | -10.7% |
| Tangible fixed assets | 22/27 | €5,339 | €4,770 | -€569 | -10.7% |
| Furniture and vehicles | 24 | €4,485 | €4,160 | -€325 | -7.2% |
| Other tangible fixed assets | 26 | €855 | €610 | -€244 | -28.6% |
| Current assets | 29/58 | €55,161 | €60,215 | +€5,053 | +9.2% |
| Amounts receivable within one year | 40/41 | €8,752 | €14,032 | +€5,280 | +60.3% |
| Trade receivables | 40 | €6,050 | €13,299 | +€7,249 | +120% |
| Other amounts receivable | 41 | €2,702 | €733 | -€1,969 | -72.9% |
| Cash at bank and in hand | 54/58 | €42,728 | €41,898 | -€830 | -1.9% |
| Deferred charges and accrued income | 490/1 | €3,681 | €4,284 | +€603 | +16.4% |
| Total equity and liabilities | 10/49 | €60,500 | €64,985 | +€4,484 | +7.4% |
| Equity | 10/15 | €31,494 | €30,631 | -€863 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,894 | €12,031 | -€863 | -6.7% |
| Amounts payable | 17/49 | €29,007 | €34,354 | +€5,347 | +18.4% |
| Amounts payable within one year | 42/48 | €29,007 | €34,354 | +€5,347 | +18.4% |
| Current portion of amounts payable after more than one year | 42 | - | €2,706 | +€2,706 | |
| Trade debts | 44 | €4,345 | €5,565 | +€1,220 | +28.1% |
| Suppliers | 440/4 | €4,345 | €5,565 | +€1,220 | +28.1% |
| Taxes, remuneration and social security | 45 | €3,952 | €3,124 | -€828 | -21.0% |
| Taxes | 450/3 | €3,787 | €2,508 | -€1,279 | -33.8% |
| Remuneration and social security | 454/9 | €165 | €616 | +€451 | +273% |
| Other amounts payable | 47/48 | €20,710 | €22,959 | +€2,249 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,972 | €2,596 | +€623 | +31.6% |
| Other operating charges | 640/8 | €1,045 | €698 | -€347 | -33.2% |
| Gross operating margin | 9900 | €44,245 | €37,019 | -€7,226 | -16.3% |
| Operating profit (loss) | 9901 | €41,228 | €33,726 | -€7,502 | -18.2% |
| Financial income | 75/76B | €11 | €158 | +€147 | +1,389% |
| Recurring financial income | 75 | €11 | €158 | +€147 | +1,389% |
| Financial charges | 65/66B | €2,364 | €2,479 | +€115 | +4.9% |
| Recurring financial charges | 65 | €2,364 | €2,479 | +€115 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €38,874 | €31,404 | -€7,470 | -19.2% |
| Income taxes | 67/77 | €11,037 | €7,267 | -€3,770 | -34.2% |
| Profit (loss) for the period | 9904 | €27,837 | €24,137 | -€3,700 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,837 | €24,137 | -€3,700 | -13.3% |
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 18 October 2026 via checked.be.