PragmHR: 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.
PragmHR
Largest movements
- Cash -€35,079
down €35,079 (-76.4%), from €45,900 to €10,820
mainly Contributions, distributions and other (-€29,412) and Receivables within one year (-€22,687)
- Receivables within one year +€22,687
up €22,687 (+100.0%), from €22,692 to €45,379
of which Other amounts receivable: +€21,687
- Tangible fixed assets -€10,616
down €10,616 (-27.3%), from €38,831 to €28,214
of which Furniture and vehicles: -€8,455
- Reserves -€29,412
down €29,412 (-30.9%), from €95,051 to €65,640
- Other debts +€26,151
up €26,151 (+802%), from €3,261 to €29,412
- Profit (loss) carried forward -€21,249
new in 2025: -€21,249
- Tax, wage and social debts +€1,403
up €1,403, from €0 to €1,403
- Gross operating margin -€17,278
down €17,278, from €10,681 to -€6,597
- Depreciation +€4,378
up €4,378 (+62.8%), from €6,971 to €11,349
- Taxes -€1,594
down €1,594 (-90.6%), from €1,759 to €165
- Financial income +€936
up €936 (+264%), from €355 to €1,291
- Write-downs +€821
up €821, from -€821 to €0
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 | €108,797 | €85,583 | -€23,214 | -21.3% |
| Fixed assets | 21/28 | €38,831 | €28,214 | -€10,616 | -27.3% |
| Tangible fixed assets | 22/27 | €38,831 | €28,214 | -€10,616 | -27.3% |
| Plant, machinery and equipment | 23 | €3,309 | €1,944 | -€1,365 | -41.3% |
| Furniture and vehicles | 24 | €19,013 | €10,558 | -€8,455 | -44.5% |
| Other tangible fixed assets | 26 | €16,508 | €15,712 | -€796 | -4.8% |
| Current assets | 29/58 | €69,967 | €57,369 | -€12,598 | -18.0% |
| Amounts receivable within one year | 40/41 | €22,692 | €45,379 | +€22,687 | +100.0% |
| Trade receivables | 40 | €0 | €1,000 | +€1,000 | |
| Other amounts receivable | 41 | €22,692 | €44,379 | +€21,687 | +95.6% |
| Cash at bank and in hand | 54/58 | €45,900 | €10,820 | -€35,079 | -76.4% |
| Deferred charges and accrued income | 490/1 | €1,375 | €1,169 | -€206 | -15.0% |
| Total equity and liabilities | 10/49 | €108,797 | €85,583 | -€23,214 | -21.3% |
| Equity | 10/15 | €105,051 | €54,391 | -€50,661 | -48.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €95,051 | €65,640 | -€29,412 | -30.9% |
| Distributable reserves | 133 | €95,051 | €65,640 | -€29,412 | -30.9% |
| Profit (loss) carried forward | 14 | - | -€21,249 | -€21,249 | |
| Amounts payable | 17/49 | €3,746 | €31,193 | +€27,447 | +733% |
| Amounts payable within one year | 42/48 | €3,746 | €31,193 | +€27,447 | +733% |
| Trade debts | 44 | €485 | €378 | -€107 | -22.0% |
| Suppliers | 440/4 | €485 | €378 | -€107 | -22.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,403 | +€1,403 | |
| Taxes | 450/3 | €0 | €1,403 | +€1,403 | |
| Other amounts payable | 47/48 | €3,261 | €29,412 | +€26,151 | +802% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,971 | €11,349 | +€4,378 | +62.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€821 | €0 | +€821 | |
| Other operating charges | 640/8 | €1,385 | €581 | -€804 | -58.1% |
| Non-recurring operating charges | 66A | €736 | €3,809 | +€3,073 | +417% |
| Gross operating margin | 9900 | €10,681 | -€6,597 | -€17,278 | |
| Operating profit (loss) | 9901 | €2,411 | -€22,335 | -€24,746 | |
| Financial income | 75/76B | €355 | €1,291 | +€936 | +264% |
| Recurring financial income | 75 | €355 | €1,291 | +€936 | +264% |
| Financial charges | 65/66B | €347 | €40 | -€307 | -88.3% |
| Recurring financial charges | 65 | €347 | €40 | -€307 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | €2,419 | -€21,084 | -€23,503 | |
| Income taxes | 67/77 | €1,759 | €165 | -€1,594 | -90.6% |
| Profit (loss) for the period | 9904 | €660 | -€21,249 | -€21,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €660 | -€21,249 | -€21,909 |
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 20 October 2026 via checked.be.