Pragmeta: 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.
Pragmeta
Largest movements
- Cash +€19,502
up €19,502 (+6725.9%), from €290 to €19,792
mainly Net result for the year (+€52,185) and Depreciation (+€12,194)
- Tangible fixed assets -€12,194
down €12,194 (-10.5%), from €115,835 to €103,641
of which Land and buildings: -€9,730
- Receivables within one year +€6,081
up €6,081 (+6.5%), from €93,391 to €99,472
of which Trade receivables: +€5,420
- Profit (loss) carried forward +€52,185
up €52,185 (+72.4%), from -€72,069 to -€19,884
- Short-term financial debts -€27,771
down €27,771 (-94.3%), from €29,462 to €1,691
- Debts after one year -€12,246
down €12,246 (-19.8%), from €61,873 to €49,627
- Other debts -€5,850
down €5,850 (-4.9%), from €120,236 to €114,386
- Trade debts +€5,112
up €5,112 (+104.6%), from €4,887 to €9,998
- Gross operating margin +€89,317
up €89,317, from -€16,308 to €73,008
- Other operating charges +€1,237
up €1,237 (+59.0%), from €2,097 to €3,334
- Financial income -€1,224
down €1,224 (-100.0%), from €1,224 to €0
- Financial charges -€919
down €919 (-15.2%), from €6,049 to €5,131
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 | €209,595 | €224,180 | +€14,585 | +7.0% |
| Fixed assets | 21/28 | €115,835 | €103,641 | -€12,194 | -10.5% |
| Tangible fixed assets | 22/27 | €115,835 | €103,641 | -€12,194 | -10.5% |
| Land and buildings | 22 | €109,051 | €99,320 | -€9,730 | -8.9% |
| Plant, machinery and equipment | 23 | €3,182 | €2,282 | -€900 | -28.3% |
| Furniture and vehicles | 24 | €3,602 | €2,039 | -€1,563 | -43.4% |
| Current assets | 29/58 | €93,760 | €120,538 | +€26,778 | +28.6% |
| Amounts receivable within one year | 40/41 | €93,391 | €99,472 | +€6,081 | +6.5% |
| Trade receivables | 40 | €89,217 | €94,637 | +€5,420 | +6.1% |
| Other amounts receivable | 41 | €4,174 | €4,835 | +€660 | +15.8% |
| Cash at bank and in hand | 54/58 | €290 | €19,792 | +€19,502 | +6725.9% |
| Deferred charges and accrued income | 490/1 | €79 | €1,274 | +€1,195 | +1516.7% |
| Total equity and liabilities | 10/49 | €209,595 | €224,180 | +€14,585 | +7.0% |
| Equity | 10/15 | -€21,756 | €30,429 | +€52,185 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,713 | €31,713 | = | 0.0% |
| Distributable reserves | 133 | €31,713 | €31,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,069 | -€19,884 | +€52,185 | +72.4% |
| Amounts payable | 17/49 | €231,351 | €193,750 | -€37,600 | -16.3% |
| Amounts payable after more than one year | 17 | €61,873 | €49,627 | -€12,246 | -19.8% |
| Financial debts | 170/4 | €61,873 | €49,627 | -€12,246 | -19.8% |
| Amounts payable within one year | 42/48 | €169,477 | €143,723 | -€25,754 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €11,995 | €12,246 | +€252 | +2.1% |
| Financial debts | 43 | €29,462 | €1,691 | -€27,771 | -94.3% |
| Credit institutions | 430/8 | €29,462 | €1,691 | -€27,771 | -94.3% |
| Trade debts | 44 | €4,887 | €9,998 | +€5,112 | +104.6% |
| Suppliers | 440/4 | €4,887 | €9,998 | +€5,112 | +104.6% |
| Taxes, remuneration and social security | 45 | €2,898 | €5,402 | +€2,504 | +86.4% |
| Taxes | 450/3 | €2,898 | €5,402 | +€2,504 | +86.4% |
| Other amounts payable | 47/48 | €120,236 | €114,386 | -€5,850 | -4.9% |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Non-recurring operating income | 76A | €5,043 | €0 | -€5,043 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,668 | €12,194 | +€526 | +4.5% |
| Other operating charges | 640/8 | €2,097 | €3,334 | +€1,237 | +59.0% |
| Gross operating margin | 9900 | -€16,308 | €73,008 | +€89,317 | |
| Operating profit (loss) | 9901 | -€30,073 | €57,481 | +€87,553 | |
| Financial income | 75/76B | €1,224 | €0 | -€1,224 | -100.0% |
| Recurring financial income | 75 | €1,224 | €0 | -€1,224 | -100.0% |
| Financial charges | 65/66B | €6,049 | €5,131 | -€919 | -15.2% |
| Recurring financial charges | 65 | €6,049 | €5,131 | -€919 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,898 | €52,350 | +€87,248 | |
| Income taxes | 67/77 | €189 | €165 | -€23 | -12.4% |
| Profit (loss) for the period | 9904 | -€35,086 | €52,185 | +€87,271 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,086 | €52,185 | +€87,271 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.