PRAKSIS: 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.
PRAKSIS
Largest movements
- Cash +€31,133
up €31,133 (+103%), from €30,307 to €61,440
mainly Net result for the year (+€60,717) and Depreciation (+€51,540)
- Tangible fixed assets -€14,148
down €14,148 (-3.5%), from €402,606 to €388,458
of which Land and buildings: -€14,478
- Deferred charges and accrued income +€13,522
up €13,522 (+610%), from €2,216 to €15,739
- Reserves +€60,717
up €60,717 (+21.1%), from €287,268 to €347,986
- Other debts -€55,119
down €55,119 (-45.8%), from €120,285 to €65,166
- Tax, wage and social debts +€43,091
up €43,091 (+421%), from €10,247 to €53,337
- Debts after one year -€10,268
down €10,268 (-33.0%), from €31,137 to €20,869
- Gross operating margin +€85,921
up €85,921 (+127%), from €67,518 to €153,439
- Taxes +€21,485
up €21,485 (+262%), from €8,187 to €29,672
- Depreciation +€19,467
up €19,467 (+60.7%), from €32,073 to €51,540
- Financial charges -€5,201
down €5,201 (-39.0%), from €13,347 to €8,145
- Financial income -€2,098
down €2,098 (-90.6%), from €2,316 to €217
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 | €473,467 | €507,882 | +€34,414 | +7.3% |
| Fixed assets | 21/28 | €403,046 | €388,478 | -€14,568 | -3.6% |
| Tangible fixed assets | 22/27 | €402,606 | €388,458 | -€14,148 | -3.5% |
| Land and buildings | 22 | €393,590 | €379,112 | -€14,478 | -3.7% |
| Plant, machinery and equipment | 23 | €3,004 | €1,786 | -€1,217 | -40.5% |
| Furniture and vehicles | 24 | €2,238 | €3,786 | +€1,547 | +69.1% |
| Other tangible fixed assets | 26 | €3,774 | €3,774 | = | 0.0% |
| Financial fixed assets | 28 | €440 | €20 | -€420 | -95.5% |
| Current assets | 29/58 | €70,422 | €119,404 | +€48,982 | +69.6% |
| Amounts receivable within one year | 40/41 | €16,635 | €20,963 | +€4,327 | +26.0% |
| Trade receivables | 40 | €14,823 | €19,150 | +€4,327 | +29.2% |
| Other amounts receivable | 41 | €1,813 | €1,813 | = | 0.0% |
| Current investments | 50/53 | €21,263 | €21,263 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,307 | €61,440 | +€31,133 | +103% |
| Deferred charges and accrued income | 490/1 | €2,216 | €15,739 | +€13,522 | +610% |
| Total equity and liabilities | 10/49 | €473,467 | €507,882 | +€34,414 | +7.3% |
| Equity | 10/15 | €293,870 | €354,587 | +€60,717 | +20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €287,268 | €347,986 | +€60,717 | +21.1% |
| Distributable reserves | 133 | €287,268 | €347,986 | +€60,717 | +21.1% |
| Profit (loss) carried forward | 14 | €401 | €401 | = | 0.0% |
| Amounts payable | 17/49 | €179,598 | €153,295 | -€26,303 | -14.6% |
| Amounts payable after more than one year | 17 | €31,137 | €20,869 | -€10,268 | -33.0% |
| Financial debts | 170/4 | €31,137 | €20,869 | -€10,268 | -33.0% |
| Amounts payable within one year | 42/48 | €148,419 | €132,426 | -€15,993 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €10,158 | €10,268 | +€110 | +1.1% |
| Trade debts | 44 | €7,730 | €3,654 | -€4,075 | -52.7% |
| Suppliers | 440/4 | €7,730 | €3,654 | -€4,075 | -52.7% |
| Taxes, remuneration and social security | 45 | €10,247 | €53,337 | +€43,091 | +421% |
| Taxes | 450/3 | €10,247 | €53,337 | +€43,091 | +421% |
| Other amounts payable | 47/48 | €120,285 | €65,166 | -€55,119 | -45.8% |
| Accrued charges and deferred income | 492/3 | €42 | €0 | -€42 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,073 | €51,540 | +€19,467 | +60.7% |
| Other operating charges | 640/8 | €3,893 | €3,582 | -€312 | -8.0% |
| Gross operating margin | 9900 | €67,518 | €153,439 | +€85,921 | +127% |
| Operating profit (loss) | 9901 | €31,551 | €98,317 | +€66,766 | +212% |
| Financial income | 75/76B | €2,316 | €217 | -€2,098 | -90.6% |
| Recurring financial income | 75 | €2,316 | €217 | -€2,098 | -90.6% |
| Financial charges | 65/66B | €13,347 | €8,145 | -€5,201 | -39.0% |
| Recurring financial charges | 65 | €13,347 | €8,145 | -€5,201 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €20,520 | €90,389 | +€69,869 | +340% |
| Income taxes | 67/77 | €8,187 | €29,672 | +€21,485 | +262% |
| Profit (loss) for the period | 9904 | €12,333 | €60,717 | +€48,384 | +392% |
| Profit (loss) for the period to be appropriated | 9905 | €12,333 | €60,717 | +€48,384 | +392% |
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 15 October 2026 via checked.be.