PRAKTIJK 49: 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.
PRAKTIJK 49
Largest movements
- Current investments +€89,695
up €89,695 (+69.0%), from €130,000 to €219,695
- Cash +€66,531
up €66,531 (+296%), from €22,446 to €88,977
mainly Net result for the year (+€166,095) and Depreciation (+€20,789)
- Tangible fixed assets +€8,026
up €8,026 (+6.4%), from €125,094 to €133,120
of which Land and buildings: +€11,459
- Reserves +€84,200
up €84,200 (+64.1%), from €131,411 to €215,611
of which Tax-exempt reserves: +€84,200
- Profit (loss) carried forward +€81,895
up €81,895 (+65.0%), from €126,076 to €207,972
- Gross operating margin +€54,961
up €54,961 (+21.6%), from €254,662 to €309,624
- Taxes +€11,916
up €11,916 (+32.6%), from €36,506 to €48,422
- Depreciation +€3,515
up €3,515 (+20.4%), from €17,273 to €20,789
- Staff costs +€3,292
up €3,292 (+4.6%), from €71,729 to €75,021
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 | €304,950 | €465,778 | +€160,828 | +52.7% |
| Formation expenses | 20 | €869 | €579 | -€290 | -33.3% |
| Fixed assets | 21/28 | €125,094 | €133,120 | +€8,026 | +6.4% |
| Tangible fixed assets | 22/27 | €125,094 | €133,120 | +€8,026 | +6.4% |
| Land and buildings | 22 | €108,249 | €119,709 | +€11,459 | +10.6% |
| Plant, machinery and equipment | 23 | €5,311 | €5,125 | -€187 | -3.5% |
| Furniture and vehicles | 24 | €11,533 | €8,286 | -€3,247 | -28.1% |
| Current assets | 29/58 | €178,988 | €332,079 | +€153,091 | +85.5% |
| Amounts receivable within one year | 40/41 | €3,936 | €3,699 | -€237 | -6.0% |
| Trade receivables | 40 | €0 | €89 | +€89 | |
| Other amounts receivable | 41 | €3,936 | €3,609 | -€327 | -8.3% |
| Current investments | 50/53 | €130,000 | €219,695 | +€89,695 | +69.0% |
| Cash at bank and in hand | 54/58 | €22,446 | €88,977 | +€66,531 | +296% |
| Deferred charges and accrued income | 490/1 | €22,606 | €19,708 | -€2,898 | -12.8% |
| Total equity and liabilities | 10/49 | €304,950 | €465,778 | +€160,828 | +52.7% |
| Equity | 10/15 | €260,487 | €426,582 | +€166,095 | +63.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €131,411 | €215,611 | +€84,200 | +64.1% |
| Tax-exempt reserves | 132 | - | €84,200 | +€84,200 | |
| Distributable reserves | 133 | €131,411 | €131,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,076 | €207,972 | +€81,895 | +65.0% |
| Amounts payable | 17/49 | €44,463 | €39,196 | -€5,267 | -11.8% |
| Amounts payable within one year | 42/48 | €43,945 | €38,469 | -€5,476 | -12.5% |
| Financial debts | 43 | - | €1,588 | +€1,588 | |
| Credit institutions | 430/8 | - | €1,588 | +€1,588 | |
| Trade debts | 44 | €9,411 | €7,297 | -€2,114 | -22.5% |
| Suppliers | 440/4 | €9,411 | €7,297 | -€2,114 | -22.5% |
| Taxes, remuneration and social security | 45 | €25,841 | €22,793 | -€3,048 | -11.8% |
| Taxes | 450/3 | €10,065 | €7,782 | -€2,283 | -22.7% |
| Remuneration and social security | 454/9 | €15,776 | €15,010 | -€766 | -4.9% |
| Other amounts payable | 47/48 | €8,693 | €6,792 | -€1,901 | -21.9% |
| Accrued charges and deferred income | 492/3 | €518 | €727 | +€208 | +40.2% |
| Remuneration, social security and pensions | 62 | €71,729 | €75,021 | +€3,292 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,273 | €20,789 | +€3,515 | +20.4% |
| Other operating charges | 640/8 | €451 | €439 | -€11 | -2.5% |
| Gross operating margin | 9900 | €254,662 | €309,624 | +€54,961 | +21.6% |
| Operating profit (loss) | 9901 | €165,209 | €213,374 | +€48,166 | +29.2% |
| Financial income | 75/76B | €20 | €3,065 | +€3,045 | +15,218% |
| Recurring financial income | 75 | €20 | €3,065 | +€3,045 | +15,218% |
| Financial charges | 65/66B | €2,647 | €1,923 | -€724 | -27.4% |
| Recurring financial charges | 65 | €2,647 | €1,923 | -€724 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €162,582 | €214,517 | +€51,935 | +31.9% |
| Income taxes | 67/77 | €36,506 | €48,422 | +€11,916 | +32.6% |
| Profit (loss) for the period | 9904 | €126,076 | €166,095 | +€40,019 | +31.7% |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €126,076 | €81,895 | -€44,181 | -35.0% |
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 27 October 2026 via checked.be.