PRAGMACO: 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.
PRAGMACO
Largest movements
- Tangible fixed assets -€10,981
down €10,981 (-24.8%), from €44,290 to €33,309
- Receivables within one year +€2,217
new in 2025: €2,217
- Profit (loss) carried forward -€11,882
down €11,882 (-235.0%), from -€5,057 to -€16,939
- Accrued charges and deferred income +€1,672
up €1,672 (+39.5%), from €4,236 to €5,907
- Tax, wage and social debts +€1,559
up €1,559 (+276.5%), from €564 to €2,123
- Other debts +€949
up €949 (+2.3%), from €42,046 to €42,995
- Gross operating margin -€12,670
down €12,670 (-81.5%), from €15,555 to €2,885
- Depreciation +€1,462
up €1,462 (+15.4%), from €9,519 to €10,981
- Financial charges +€1,071
up €1,071 (+54.6%), from €1,962 to €3,034
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 | €56,559 | €48,347 | -€8,213 | -14.5% |
| Fixed assets | 21/28 | €44,290 | €33,309 | -€10,981 | -24.8% |
| Tangible fixed assets | 22/27 | €44,290 | €33,309 | -€10,981 | -24.8% |
| Furniture and vehicles | 24 | €44,290 | €33,309 | -€10,981 | -24.8% |
| Current assets | 29/58 | €12,269 | €15,037 | +€2,768 | +22.6% |
| Amounts receivable within one year | 40/41 | - | €2,217 | +€2,217 | |
| Other amounts receivable | 41 | - | €2,217 | +€2,217 | |
| Cash at bank and in hand | 54/58 | €12,139 | €12,426 | +€287 | +2.4% |
| Deferred charges and accrued income | 490/1 | €130 | €394 | +€264 | +203.8% |
| Total equity and liabilities | 10/49 | €56,559 | €48,347 | -€8,213 | -14.5% |
| Equity | 10/15 | €9,203 | -€2,679 | -€11,882 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,057 | -€16,939 | -€11,882 | -235.0% |
| Amounts payable | 17/49 | €47,356 | €51,025 | +€3,669 | +7.7% |
| Amounts payable within one year | 42/48 | €43,121 | €45,118 | +€1,997 | +4.6% |
| Trade debts | 44 | €511 | - | -€511 | |
| Suppliers | 440/4 | €511 | - | -€511 | |
| Taxes, remuneration and social security | 45 | €564 | €2,123 | +€1,559 | +276.5% |
| Taxes | 450/3 | €564 | €2,123 | +€1,559 | +276.5% |
| Other amounts payable | 47/48 | €42,046 | €42,995 | +€949 | +2.3% |
| Accrued charges and deferred income | 492/3 | €4,236 | €5,907 | +€1,672 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,519 | €10,981 | +€1,462 | +15.4% |
| Other operating charges | 640/8 | €651 | €590 | -€61 | -9.3% |
| Gross operating margin | 9900 | €15,555 | €2,885 | -€12,670 | -81.5% |
| Operating profit (loss) | 9901 | €5,385 | -€8,687 | -€14,072 | |
| Financial income | 75/76B | €31 | €14 | -€16 | -53.6% |
| Recurring financial income | 75 | €31 | €14 | -€16 | -53.6% |
| Financial charges | 65/66B | €1,962 | €3,034 | +€1,071 | +54.6% |
| Recurring financial charges | 65 | €1,962 | €3,034 | +€1,071 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | €3,454 | -€11,706 | -€15,160 | |
| Income taxes | 67/77 | €243 | €176 | -€67 | -27.5% |
| Profit (loss) for the period | 9904 | €3,211 | -€11,882 | -€15,093 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,211 | -€11,882 | -€15,093 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.