PRAIA: 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.
PRAIA
Largest movements
- Cash +€29,246
up €29,246 (+450%), from €6,498 to €35,744
mainly Net result for the year (+€30,240) and Investment in fixed assets (net) (+€21,825)
- Tangible fixed assets -€29,096
down €29,096 (-60.9%), from €47,813 to €18,717
of which Leasing and similar rights: -€28,512
- Receivables within one year -€12,990
down €12,990 (-15.5%), from €84,015 to €71,025
of which Trade receivables: -€22,595
- Deferred charges and accrued income -€5,348
down €5,348 (-72.9%), from €7,337 to €1,989
- Reserves +€30,240
up €30,240 (+47.1%), from €64,175 to €94,415
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Debts after one year -€19,007
down €19,007 (-60.7%), from €31,307 to €12,299
- Current portion of long-term debt -€5,455
down €5,455 (-47.2%), from €11,566 to €6,111
- Trade debts -€4,388
down €4,388 (-44.7%), from €9,811 to €5,423
- Depreciation -€8,173
down €8,173 (-52.1%), from €15,694 to €7,521
- Gross operating margin +€4,568
up €4,568 (+10.2%), from €44,920 to €49,487
- Taxes +€2,787
up €2,787 (+38.9%), from €7,172 to €9,959
- Financial charges +€1,513
up €1,513 (+72.1%), from €2,098 to €3,610
- Financial income +€817
up €817 (+38.0%), from €2,147 to €2,964
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 | €145,913 | €127,475 | -€18,438 | -12.6% |
| Fixed assets | 21/28 | €48,063 | €18,717 | -€29,346 | -61.1% |
| Tangible fixed assets | 22/27 | €47,813 | €18,717 | -€29,096 | -60.9% |
| Furniture and vehicles | 24 | €2,334 | €1,750 | -€584 | -25.0% |
| Leasing and similar rights | 25 | €45,480 | €16,967 | -€28,512 | -62.7% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €97,850 | €108,758 | +€10,908 | +11.1% |
| Amounts receivable within one year | 40/41 | €84,015 | €71,025 | -€12,990 | -15.5% |
| Trade receivables | 40 | €40,015 | €17,420 | -€22,595 | -56.5% |
| Other amounts receivable | 41 | €44,000 | €53,606 | +€9,605 | +21.8% |
| Cash at bank and in hand | 54/58 | €6,498 | €35,744 | +€29,246 | +450% |
| Deferred charges and accrued income | 490/1 | €7,337 | €1,989 | -€5,348 | -72.9% |
| Total equity and liabilities | 10/49 | €145,913 | €127,475 | -€18,438 | -12.6% |
| Equity | 10/15 | €66,175 | €96,415 | +€30,240 | +45.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €64,175 | €94,415 | +€30,240 | +47.1% |
| Distributable reserves | 133 | €64,175 | €94,415 | +€30,240 | +47.1% |
| Amounts payable | 17/49 | €79,738 | €31,060 | -€48,678 | -61.0% |
| Amounts payable after more than one year | 17 | €31,307 | €12,299 | -€19,007 | -60.7% |
| Financial debts | 170/4 | €31,307 | €12,299 | -€19,007 | -60.7% |
| Amounts payable within one year | 42/48 | €44,144 | €18,469 | -€25,676 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €11,566 | €6,111 | -€5,455 | -47.2% |
| Trade debts | 44 | €9,811 | €5,423 | -€4,388 | -44.7% |
| Suppliers | 440/4 | €9,811 | €5,423 | -€4,388 | -44.7% |
| Taxes, remuneration and social security | 45 | €2,767 | €6,935 | +€4,168 | +151% |
| Taxes | 450/3 | €2,767 | €6,935 | +€4,168 | +151% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Accrued charges and deferred income | 492/3 | €4,288 | €292 | -€3,995 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,694 | €7,521 | -€8,173 | -52.1% |
| Other operating charges | 640/8 | €895 | €1,120 | +€225 | +25.2% |
| Gross operating margin | 9900 | €44,920 | €49,487 | +€4,568 | +10.2% |
| Operating profit (loss) | 9901 | €28,331 | €40,846 | +€12,515 | +44.2% |
| Financial income | 75/76B | €2,147 | €2,964 | +€817 | +38.0% |
| Recurring financial income | 75 | €2,147 | €2,964 | +€817 | +38.0% |
| Financial charges | 65/66B | €2,098 | €3,610 | +€1,513 | +72.1% |
| Recurring financial charges | 65 | €2,098 | €3,610 | +€1,513 | +72.1% |
| Profit (loss) for the period before taxes | 9903 | €28,380 | €40,199 | +€11,819 | +41.6% |
| Income taxes | 67/77 | €7,172 | €9,959 | +€2,787 | +38.9% |
| Profit (loss) for the period | 9904 | €21,209 | €30,240 | +€9,032 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,209 | €30,240 | +€9,032 | +42.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.