PRALINCO: 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.
PRALINCO
Largest movements
- Current investments +€60,300
up €60,300 (+147%), from €41,018 to €101,318
- Tangible fixed assets +€13,847
up €13,847 (+66.2%), from €20,917 to €34,764
of which Plant, machinery and equipment: +€14,503
- Receivables within one year -€7,675
down €7,675 (-21.8%), from €35,173 to €27,498
of which Trade receivables: -€3,975
- Cash -€6,370
down €6,370 (-3.3%), from €194,077 to €187,707
mainly Current investments (-€60,300) and Investment in fixed assets (net) (-€26,593)
- Stocks and contracts +€3,991
up €3,991 (+14.1%), from €28,271 to €32,262
- Profit (loss) carried forward +€78,189
up €78,189 (+55.6%), from €140,566 to €218,756
- Trade debts -€10,077
down €10,077 (-37.4%), from €26,914 to €16,838
- Tax, wage and social debts -€3,963
down €3,963 (-8.7%), from €45,660 to €41,697
of which Taxes: -€2,961
- Gross operating margin +€26,230
up €26,230 (+7.9%), from €330,975 to €357,204
- Staff costs -€15,966
down €15,966 (-6.2%), from €256,652 to €240,685
- Taxes +€8,076
up €8,076 (+58.7%), from €13,761 to €21,837
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 | €319,456 | €383,550 | +€64,094 | +20.1% |
| Fixed assets | 21/28 | €20,917 | €34,764 | +€13,847 | +66.2% |
| Tangible fixed assets | 22/27 | €20,917 | €34,764 | +€13,847 | +66.2% |
| Plant, machinery and equipment | 23 | €13,892 | €28,395 | +€14,503 | +104% |
| Furniture and vehicles | 24 | €3,552 | €3,328 | -€224 | -6.3% |
| Other tangible fixed assets | 26 | €3,473 | €3,041 | -€431 | -12.4% |
| Current assets | 29/58 | €298,539 | €348,786 | +€50,246 | +16.8% |
| Stocks and contracts in progress | 3 | €28,271 | €32,262 | +€3,991 | +14.1% |
| Stocks | 30/36 | €28,271 | €32,262 | +€3,991 | +14.1% |
| Amounts receivable within one year | 40/41 | €35,173 | €27,498 | -€7,675 | -21.8% |
| Trade receivables | 40 | €31,473 | €27,498 | -€3,975 | -12.6% |
| Other amounts receivable | 41 | €3,700 | €0 | -€3,700 | -100% |
| Current investments | 50/53 | €41,018 | €101,318 | +€60,300 | +147% |
| Cash at bank and in hand | 54/58 | €194,077 | €187,707 | -€6,370 | -3.3% |
| Total equity and liabilities | 10/49 | €319,456 | €383,550 | +€64,094 | +20.1% |
| Equity | 10/15 | €244,530 | €322,719 | +€78,189 | +32.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €41,964 | €41,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,750 | €34,750 | = | 0.0% |
| Distributable reserves | 133 | €1,014 | €1,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,566 | €218,756 | +€78,189 | +55.6% |
| Amounts payable | 17/49 | €74,926 | €60,831 | -€14,096 | -18.8% |
| Amounts payable within one year | 42/48 | €74,926 | €60,831 | -€14,096 | -18.8% |
| Trade debts | 44 | €26,914 | €16,838 | -€10,077 | -37.4% |
| Suppliers | 440/4 | €26,914 | €16,838 | -€10,077 | -37.4% |
| Taxes, remuneration and social security | 45 | €45,660 | €41,697 | -€3,963 | -8.7% |
| Taxes | 450/3 | €16,679 | €13,718 | -€2,961 | -17.8% |
| Remuneration and social security | 454/9 | €28,981 | €27,979 | -€1,002 | -3.5% |
| Other amounts payable | 47/48 | €2,352 | €2,296 | -€56 | -2.4% |
| Remuneration, social security and pensions | 62 | €256,652 | €240,685 | -€15,966 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,633 | €12,746 | +€112 | +0.9% |
| Other operating charges | 640/8 | €3,053 | €4,667 | +€1,614 | +52.9% |
| Gross operating margin | 9900 | €330,975 | €357,204 | +€26,230 | +7.9% |
| Operating profit (loss) | 9901 | €58,637 | €99,106 | +€40,469 | +69.0% |
| Financial income | 75/76B | €3,315 | €1,076 | -€2,239 | -67.6% |
| Recurring financial income | 75 | €3,315 | €1,076 | -€2,239 | -67.6% |
| Financial charges | 65/66B | €293 | €156 | -€137 | -46.9% |
| Recurring financial charges | 65 | €293 | €156 | -€137 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €61,658 | €100,026 | +€38,368 | +62.2% |
| Income taxes | 67/77 | €13,761 | €21,837 | +€8,076 | +58.7% |
| Profit (loss) for the period | 9904 | €47,897 | €78,189 | +€30,292 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,897 | €78,189 | +€30,292 | +63.2% |
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 20 October 2026 via checked.be.