PRAGMA-TIC: 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.
PRAGMA-TIC
Largest movements
- Receivables within one year +€15,675
up €15,675 (+184.6%), from €8,490 to €24,165
of which Trade receivables: +€18,310
- Deferred charges and accrued income +€3,014
up €3,014 (+213.6%), from €1,411 to €4,425
- Tangible fixed assets +€955
up €955 (+37.3%), from €2,557 to €3,511
of which Furniture and vehicles: +€1,207
- Reserves +€10,000
up €10,000 (+66.7%), from €15,000 to €25,000
- Profit (loss) carried forward +€3,547
up €3,547 (+16.4%), from €21,614 to €25,161
- Trade debts +€2,536
up €2,536 (+107.3%), from €2,363 to €4,899
- Accrued charges and deferred income +€2,059
up €2,059 (+5098.2%), from €40 to €2,100
- Tax, wage and social debts +€866
up €866 (+16.6%), from €5,207 to €6,073
- Gross operating margin -€7,210
down €7,210 (-22.6%), from €31,950 to €24,740
- Taxes -€1,825
down €1,825 (-24.6%), from €7,431 to €5,606
- Financial charges -€559
down €559 (-16.8%), from €3,331 to €2,772
- Depreciation +€340
up €340 (+22.5%), from €1,508 to €1,848
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 | €52,284 | €71,292 | +€19,008 | +36.4% |
| Fixed assets | 21/28 | €2,672 | €3,626 | +€955 | +35.7% |
| Tangible fixed assets | 22/27 | €2,557 | €3,511 | +€955 | +37.3% |
| Plant, machinery and equipment | 23 | €419 | €167 | -€252 | -60.1% |
| Furniture and vehicles | 24 | €2,137 | €3,344 | +€1,207 | +56.5% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €49,613 | €67,666 | +€18,053 | +36.4% |
| Amounts receivable within one year | 40/41 | €8,490 | €24,165 | +€15,675 | +184.6% |
| Trade receivables | 40 | €0 | €18,310 | +€18,310 | |
| Other amounts receivable | 41 | €8,490 | €5,855 | -€2,635 | -31.0% |
| Cash at bank and in hand | 54/58 | €39,712 | €39,076 | -€636 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,411 | €4,425 | +€3,014 | +213.6% |
| Total equity and liabilities | 10/49 | €52,284 | €71,292 | +€19,008 | +36.4% |
| Equity | 10/15 | €44,674 | €58,221 | +€13,547 | +30.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Distributable reserves | 133 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Profit (loss) carried forward | 14 | €21,614 | €25,161 | +€3,547 | +16.4% |
| Amounts payable | 17/49 | €7,610 | €13,071 | +€5,461 | +71.8% |
| Amounts payable within one year | 42/48 | €7,570 | €10,972 | +€3,402 | +44.9% |
| Trade debts | 44 | €2,363 | €4,899 | +€2,536 | +107.3% |
| Suppliers | 440/4 | €2,363 | €4,899 | +€2,536 | +107.3% |
| Taxes, remuneration and social security | 45 | €5,207 | €6,073 | +€866 | +16.6% |
| Taxes | 450/3 | €5,207 | €6,073 | +€866 | +16.6% |
| Accrued charges and deferred income | 492/3 | €40 | €2,100 | +€2,059 | +5098.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,508 | €1,848 | +€340 | +22.5% |
| Other operating charges | 640/8 | €907 | €1,212 | +€305 | +33.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,950 | €24,740 | -€7,210 | -22.6% |
| Operating profit (loss) | 9901 | €29,535 | €21,680 | -€7,854 | -26.6% |
| Financial income | 75/76B | €258 | €244 | -€15 | -5.7% |
| Recurring financial income | 75 | €258 | €244 | -€15 | -5.7% |
| Financial charges | 65/66B | €3,331 | €2,772 | -€559 | -16.8% |
| Recurring financial charges | 65 | €3,331 | €2,772 | -€559 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €26,462 | €19,153 | -€7,310 | -27.6% |
| Income taxes | 67/77 | €7,431 | €5,606 | -€1,825 | -24.6% |
| Profit (loss) for the period | 9904 | €19,031 | €13,547 | -€5,484 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,031 | €13,547 | -€5,484 | -28.8% |
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 10 October 2026 via checked.be.