PRALICAR: 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.
PRALICAR
Largest movements
- Current investments +€100,000
up €100,000 (+12.5%), from €800,000 to €900,000
- Cash -€51,616
down €51,616 (-37.5%), from €137,771 to €86,155
mainly Current investments (-€100,000) and Trade debts (-€7,660)
- Reserves +€36,578
up €36,578 (+2.5%), from €1.5m to €1.5m
of which Distributable reserves: +€36,578
- Gross operating margin +€23,704
up €23,704 (+68.0%), from €34,837 to €58,540
- Financial income -€10,820
down €10,820 (-48.0%), from €22,547 to €11,727
- Taxes +€7,031
up €7,031 (+122%), from €5,785 to €12,816
- Other operating charges +€2,138
up €2,138 (+45.1%), from €4,744 to €6,882
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 | €2,070,606 | €2,107,834 | +€37,228 | +1.8% |
| Fixed assets | 21/28 | €193,159 | €181,462 | -€11,697 | -6.1% |
| Tangible fixed assets | 22/27 | €193,159 | €181,462 | -€11,697 | -6.1% |
| Land and buildings | 22 | €193,159 | €181,462 | -€11,697 | -6.1% |
| Current assets | 29/58 | €1,877,447 | €1,926,372 | +€48,925 | +2.6% |
| Amounts receivable after more than one year | 29 | €330,000 | €330,000 | = | 0.0% |
| Other amounts receivable | 291 | €330,000 | €330,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €606,488 | €608,266 | +€1,778 | +0.3% |
| Trade receivables | 40 | €600,000 | €600,000 | = | 0.0% |
| Other amounts receivable | 41 | €6,488 | €8,266 | +€1,778 | +27.4% |
| Current investments | 50/53 | €800,000 | €900,000 | +€100,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €137,771 | €86,155 | -€51,616 | -37.5% |
| Deferred charges and accrued income | 490/1 | €3,188 | €1,952 | -€1,236 | -38.8% |
| Total equity and liabilities | 10/49 | €2,070,606 | €2,107,834 | +€37,228 | +1.8% |
| Equity | 10/15 | €1,619,493 | €1,656,072 | +€36,578 | +2.3% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Capital | 10 | €140,000 | €140,000 | = | 0.0% |
| Issued capital | 100 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €1,479,493 | €1,516,072 | +€36,578 | +2.5% |
| Non-distributable reserves | 130/1 | €14,000 | €14,000 | = | 0.0% |
| Legal reserve | 130 | €14,000 | €14,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,222,775 | €1,222,775 | = | 0.0% |
| Distributable reserves | 133 | €242,718 | €279,296 | +€36,578 | +15.1% |
| Provisions and deferred taxes | 16 | €407,592 | €407,592 | = | 0.0% |
| Deferred taxes | 168 | €407,592 | €407,592 | = | 0.0% |
| Amounts payable | 17/49 | €43,521 | €44,171 | +€650 | +1.5% |
| Amounts payable within one year | 42/48 | €40,354 | €40,918 | +€563 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €1,500 | €1,500 | = | 0.0% |
| Trade debts | 44 | €7,660 | - | -€7,660 | |
| Suppliers | 440/4 | €7,660 | - | -€7,660 | |
| Taxes, remuneration and social security | 45 | €6,351 | €13,344 | +€6,993 | +110% |
| Taxes | 450/3 | €6,351 | €13,344 | +€6,993 | +110% |
| Other amounts payable | 47/48 | €24,843 | €26,074 | +€1,231 | +5.0% |
| Accrued charges and deferred income | 492/3 | €3,167 | €3,253 | +€86 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,593 | €11,697 | +€104 | +0.9% |
| Other operating charges | 640/8 | €4,744 | €6,882 | +€2,138 | +45.1% |
| Gross operating margin | 9900 | €34,837 | €58,540 | +€23,704 | +68.0% |
| Operating profit (loss) | 9901 | €18,499 | €39,961 | +€21,462 | +116% |
| Financial income | 75/76B | €22,547 | €11,727 | -€10,820 | -48.0% |
| Recurring financial income | 75 | €22,547 | €11,727 | -€10,820 | -48.0% |
| Financial charges | 65/66B | €2,422 | €2,294 | -€128 | -5.3% |
| Recurring financial charges | 65 | €2,422 | €2,294 | -€128 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €38,624 | €49,394 | +€10,770 | +27.9% |
| Income taxes | 67/77 | €5,785 | €12,816 | +€7,031 | +122% |
| Profit (loss) for the period | 9904 | €32,839 | €36,578 | +€3,739 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,839 | €36,578 | +€3,739 | +11.4% |
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 31 October 2026 via checked.be.