PRAGMATIC: what changed
Two fiscal 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.
PRAGMATIC
Largest movements
- Financial fixed assets -€3,420
down €3,420 (-16.6%), from €20,640 to €17,220
- Cash +€2,187
up €2,187 (+7.8%), from €27,887 to €30,074
mainly Investment in fixed assets (net) (+€3,420)
- Profit (loss) carried forward -€1,233
down €1,233 (-4.4%), from €28,076 to €26,843
- Gross operating margin -€897
down €897 (-173.3%), from -€518 to -€1,415
- Financial income +€17
up €17 (+7.0%), from €244 to €262
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 | €48,527 | €47,295 | -€1,233 | -2.5% |
| Fixed assets | 21/28 | €20,640 | €17,220 | -€3,420 | -16.6% |
| Financial fixed assets | 28 | €20,640 | €17,220 | -€3,420 | -16.6% |
| Current assets | 29/58 | €27,887 | €30,074 | +€2,187 | +7.8% |
| Cash at bank and in hand | 54/58 | €27,887 | €30,074 | +€2,187 | +7.8% |
| Total equity and liabilities | 10/49 | €48,527 | €47,295 | -€1,233 | -2.5% |
| Equity | 10/15 | €48,527 | €47,295 | -€1,233 | -2.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,076 | €26,843 | -€1,233 | -4.4% |
| Gross operating margin | 9900 | -€518 | -€1,415 | -€897 | -173.3% |
| Operating profit (loss) | 9901 | -€518 | -€1,415 | -€897 | -173.3% |
| Financial income | 75/76B | €244 | €262 | +€17 | +7.0% |
| Recurring financial income | 75 | €244 | €262 | +€17 | +7.0% |
| Financial charges | 65/66B | €45 | €53 | +€8 | +17.1% |
| Recurring financial charges | 65 | €45 | €53 | +€8 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€318 | -€1,206 | -€887 | -278.8% |
| Income taxes | 67/77 | €19 | €27 | +€8 | +39.8% |
| Profit (loss) for the period | 9904 | -€338 | -€1,233 | -€895 | -265.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€338 | -€1,233 | -€895 | -265.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.