PragNa Tac: 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.
PragNa Tac
Largest movements
- Receivables within one year -€5,885
down €5,885 (-4.1%), from €143,987 to €138,102
- Reserves -€4,559
down €4,559 (-2.1%), from €213,508 to €208,948
of which Distributable reserves: -€4,559
- Write-downs +€9,649
new in 2025: €9,649
- Financial charges -€5,228
down €5,228 (-98.7%), from €5,297 to €69
- Gross operating margin +€1,158
up €1,158 (+36.8%), from -€3,145 to -€1,987
- Financial income +€855
up €855 (+11.2%), from €7,637 to €8,492
of which Non-recurring financial income: +€2,679
- Taxes +€588
new in 2025: €588
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 | €350,933 | €344,782 | -€6,151 | -1.8% |
| Fixed assets | 21/28 | €200,355 | €200,355 | = | 0.0% |
| Financial fixed assets | 28 | €200,355 | €200,355 | = | 0.0% |
| Current assets | 29/58 | €150,578 | €144,427 | -€6,151 | -4.1% |
| Amounts receivable after more than one year | 29 | €6,324 | €6,324 | = | 0.0% |
| Other amounts receivable | 291 | €6,324 | €6,324 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €143,987 | €138,102 | -€5,885 | -4.1% |
| Other amounts receivable | 41 | €143,987 | €138,102 | -€5,885 | -4.1% |
| Cash at bank and in hand | 54/58 | €266 | €1 | -€266 | -99.7% |
| Total equity and liabilities | 10/49 | €350,933 | €344,782 | -€6,151 | -1.8% |
| Equity | 10/15 | €337,454 | €332,895 | -€4,559 | -1.4% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €213,508 | €208,948 | -€4,559 | -2.1% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €92,409 | €92,409 | = | 0.0% |
| Distributable reserves | 133 | €108,704 | €104,145 | -€4,559 | -4.2% |
| Amounts payable | 17/49 | €13,478 | €11,886 | -€1,592 | -11.8% |
| Amounts payable within one year | 42/48 | €13,381 | €11,786 | -€1,595 | -11.9% |
| Trade debts | 44 | €8,761 | €8,824 | +€63 | +0.7% |
| Suppliers | 440/4 | €8,761 | €8,824 | +€63 | +0.7% |
| Taxes, remuneration and social security | 45 | €4,339 | €2,761 | -€1,578 | -36.4% |
| Taxes | 450/3 | €4,339 | €2,761 | -€1,578 | -36.4% |
| Other amounts payable | 47/48 | €281 | €201 | -€80 | -28.5% |
| Accrued charges and deferred income | 492/3 | €97 | €100 | +€3 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,649 | +€9,649 | |
| Other operating charges | 640/8 | €647 | €759 | +€113 | +17.4% |
| Gross operating margin | 9900 | -€3,145 | -€1,987 | +€1,158 | +36.8% |
| Operating profit (loss) | 9901 | -€3,791 | -€12,395 | -€8,604 | -226.9% |
| Financial income | 75/76B | €7,637 | €8,492 | +€855 | +11.2% |
| Recurring financial income | 75 | €7,266 | €5,442 | -€1,824 | -25.1% |
| Non-recurring financial income | 76B | €372 | €3,051 | +€2,679 | +720.4% |
| Financial charges | 65/66B | €5,297 | €69 | -€5,228 | -98.7% |
| Recurring financial charges | 65 | €5,297 | €69 | -€5,228 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,450 | -€3,972 | -€2,521 | -173.8% |
| Income taxes | 67/77 | - | €588 | +€588 | |
| Profit (loss) for the period | 9904 | -€1,450 | -€4,559 | -€3,109 | -214.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,450 | -€4,559 | -€3,109 | -214.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.