PRAGMIS: 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.
PRAGMIS
Largest movements
- Cash -€6,629
down €6,629 (-49.6%), from €13,352 to €6,723
mainly Net result for the year (-€15,408) and Tax, wage and social debts (-€3,230)
- Deferred charges and accrued income -€3,540
down €3,540 (-77.5%), from €4,567 to €1,027
- Receivables within one year -€616
down €616 (-19.7%), from €3,131 to €2,515
of which Other amounts receivable: -€3,131
- Tangible fixed assets +€353
up €353 (+16.9%), from €2,085 to €2,438
- Profit (loss) carried forward -€15,408
down €15,408, from €3,482 to -€11,926
- Other debts +€9,700
up €9,700 (+3234.7%), from €300 to €10,000
- Tax, wage and social debts -€3,230
down €3,230 (-89.7%), from €3,600 to €370
- Trade debts -€1,493
no longer reported in 2025 (was €1,493)
- Gross operating margin +€1,629
up €1,629 (+10.9%), from -€14,947 to -€13,319
- Depreciation +€548
up €548 (+68.8%), from €798 to €1,346
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 | €23,136 | €12,704 | -€10,432 | -45.1% |
| Fixed assets | 21/28 | €2,085 | €2,438 | +€353 | +16.9% |
| Tangible fixed assets | 22/27 | €2,085 | €2,438 | +€353 | +16.9% |
| Furniture and vehicles | 24 | €2,085 | €2,438 | +€353 | +16.9% |
| Current assets | 29/58 | €21,051 | €10,266 | -€10,785 | -51.2% |
| Amounts receivable within one year | 40/41 | €3,131 | €2,515 | -€616 | -19.7% |
| Trade receivables | 40 | - | €2,515 | +€2,515 | |
| Other amounts receivable | 41 | €3,131 | - | -€3,131 | |
| Cash at bank and in hand | 54/58 | €13,352 | €6,723 | -€6,629 | -49.6% |
| Deferred charges and accrued income | 490/1 | €4,567 | €1,027 | -€3,540 | -77.5% |
| Total equity and liabilities | 10/49 | €23,136 | €12,704 | -€10,432 | -45.1% |
| Equity | 10/15 | €17,742 | €2,334 | -€15,408 | -86.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,482 | -€11,926 | -€15,408 | |
| Amounts payable | 17/49 | €5,393 | €10,370 | +€4,977 | +92.3% |
| Amounts payable within one year | 42/48 | €5,393 | €10,370 | +€4,977 | +92.3% |
| Trade debts | 44 | €1,493 | - | -€1,493 | |
| Suppliers | 440/4 | €1,493 | - | -€1,493 | |
| Taxes, remuneration and social security | 45 | €3,600 | €370 | -€3,230 | -89.7% |
| Taxes | 450/3 | €3,600 | €370 | -€3,230 | -89.7% |
| Other amounts payable | 47/48 | €300 | €10,000 | +€9,700 | +3234.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €798 | €1,346 | +€548 | +68.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€14,947 | -€13,319 | +€1,629 | +10.9% |
| Operating profit (loss) | 9901 | -€16,132 | -€15,064 | +€1,068 | +6.6% |
| Financial charges | 65/66B | €46 | €63 | +€17 | +38.3% |
| Recurring financial charges | 65 | €46 | €63 | +€17 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,178 | -€15,128 | +€1,050 | +6.5% |
| Income taxes | 67/77 | €261 | €281 | +€20 | +7.8% |
| Profit (loss) for the period | 9904 | -€16,438 | -€15,408 | +€1,030 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,438 | -€15,408 | +€1,030 | +6.3% |
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 7 October 2026 via checked.be.