PRAGMIST: 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.
PRAGMIST
Largest movements
- Cash -€64,246
down €64,246 (-63.8%), from €100,671 to €36,426
mainly Contributions, distributions and other (-€66,250) and Net result for the year (-€17,552)
- Deferred charges and accrued income -€11,529
down €11,529 (-43.4%), from €26,535 to €15,006
- Receivables within one year -€5,499
down €5,499 (-23.2%), from €23,656 to €18,157
of which Trade receivables: -€15,510
- Profit (loss) carried forward -€83,802
down €83,802 (-97.9%), from €85,579 to €1,777
- Other debts +€26,256
up €26,256 (+505.2%), from €5,197 to €31,453
- Trade debts -€14,593
down €14,593 (-47.4%), from €30,758 to €16,165
- Tax, wage and social debts -€10,068
down €10,068 (-42.2%), from €23,861 to €13,792
- Gross operating margin -€105,558
down €105,558, from €89,114 to -€16,444
- Taxes -€18,459
down €18,459 (-98.7%), from €18,698 to €238
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 | €155,395 | €73,187 | -€82,207 | -52.9% |
| Fixed assets | 21/28 | €4,533 | €3,599 | -€933 | -20.6% |
| Tangible fixed assets | 22/27 | €2,033 | €1,099 | -€933 | -45.9% |
| Furniture and vehicles | 24 | €2,033 | €1,099 | -€933 | -45.9% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €150,862 | €69,588 | -€81,274 | -53.9% |
| Amounts receivable within one year | 40/41 | €23,656 | €18,157 | -€5,499 | -23.2% |
| Trade receivables | 40 | €23,656 | €8,146 | -€15,510 | -65.6% |
| Other amounts receivable | 41 | - | €10,011 | +€10,011 | |
| Cash at bank and in hand | 54/58 | €100,671 | €36,426 | -€64,246 | -63.8% |
| Deferred charges and accrued income | 490/1 | €26,535 | €15,006 | -€11,529 | -43.4% |
| Total equity and liabilities | 10/49 | €155,395 | €73,187 | -€82,207 | -52.9% |
| Equity | 10/15 | €95,579 | €11,777 | -€83,802 | -87.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,579 | €1,777 | -€83,802 | -97.9% |
| Amounts payable | 17/49 | €59,816 | €61,411 | +€1,595 | +2.7% |
| Amounts payable within one year | 42/48 | €59,816 | €61,411 | +€1,595 | +2.7% |
| Trade debts | 44 | €30,758 | €16,165 | -€14,593 | -47.4% |
| Suppliers | 440/4 | €30,758 | €16,165 | -€14,593 | -47.4% |
| Taxes, remuneration and social security | 45 | €23,861 | €13,792 | -€10,068 | -42.2% |
| Taxes | 450/3 | €23,861 | €13,792 | -€10,068 | -42.2% |
| Other amounts payable | 47/48 | €5,197 | €31,453 | +€26,256 | +505.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | €933 | +€294 | +46.0% |
| Gross operating margin | 9900 | €89,114 | -€16,444 | -€105,558 | |
| Operating profit (loss) | 9901 | €88,475 | -€17,378 | -€105,852 | |
| Financial income | 75/76B | - | €830 | +€830 | |
| Recurring financial income | 75 | - | €830 | +€830 | |
| Financial charges | 65/66B | €735 | €766 | +€31 | +4.2% |
| Recurring financial charges | 65 | €735 | €766 | +€31 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €87,740 | -€17,314 | -€105,053 | |
| Income taxes | 67/77 | €18,698 | €238 | -€18,459 | -98.7% |
| Profit (loss) for the period | 9904 | €69,042 | -€17,552 | -€86,594 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,042 | -€17,552 | -€86,594 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.