PRAMCO: what changed
Two fiscal 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.
PRAMCO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€55,000
up €55,000 (+4.8%), from €1.2m to €1.2m
of which Distributable reserves: +€55,000
- Current portion of long-term debt -€51,388
down €51,388 (-93.5%), from €54,956 to €3,568
- Trade debts +€13,928
up €13,928 (+2253.6%), from €618 to €14,546
- Financial income -€200,499
down €200,499 (-92.2%), from €217,367 to €16,867
of which Non-recurring financial income: -€208,179
- Taxes -€80,646
down €80,646 (-73.2%), from €110,229 to €29,583
- Gross operating margin -€70,716
down €70,716 (-44.1%), from €160,202 to €89,487
- Other operating charges +€3,016
up €3,016 (+84.0%), from €3,591 to €6,607
- Financial charges -€1,633
down €1,633 (-89.2%), from €1,831 to €198
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.
Cash bridge derived
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 | €1,289,351 | €1,300,455 | +€11,104 | +0.9% |
| Fixed assets | 21/28 | €411,087 | €401,626 | -€9,460 | -2.3% |
| Tangible fixed assets | 22/27 | €408,537 | €399,076 | -€9,460 | -2.3% |
| Land and buildings | 22 | €396,503 | €385,797 | -€10,705 | -2.7% |
| Plant, machinery and equipment | 23 | €10,794 | €8,516 | -€2,279 | -21.1% |
| Furniture and vehicles | 24 | €1,240 | €4,763 | +€3,524 | +284.2% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €878,264 | €898,828 | +€20,564 | +2.3% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Trade receivables | 290 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,099 | €82,854 | +€9,756 | +13.3% |
| Trade receivables | 40 | €20,271 | €17,111 | -€3,160 | -15.6% |
| Other amounts receivable | 41 | €52,828 | €65,743 | +€12,915 | +24.4% |
| Current investments | 50/53 | €520,000 | €525,000 | +€5,000 | +1.0% |
| Cash at bank and in hand | 54/58 | €35,165 | €40,974 | +€5,809 | +16.5% |
| Total equity and liabilities | 10/49 | €1,289,351 | €1,300,455 | +€11,104 | +0.9% |
| Equity | 10/15 | €1,179,900 | €1,235,669 | +€55,769 | +4.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,152,805 | €1,207,805 | +€55,000 | +4.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,146,605 | €1,201,605 | +€55,000 | +4.8% |
| Profit (loss) carried forward | 14 | €8,545 | €9,314 | +€769 | +9.0% |
| Amounts payable | 17/49 | €109,451 | €64,786 | -€44,665 | -40.8% |
| Amounts payable within one year | 42/48 | €109,451 | €64,786 | -€44,665 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €54,956 | €3,568 | -€51,388 | -93.5% |
| Trade debts | 44 | €618 | €14,546 | +€13,928 | +2253.6% |
| Suppliers | 440/4 | €618 | €14,546 | +€13,928 | +2253.6% |
| Taxes, remuneration and social security | 45 | €53,877 | €46,672 | -€7,206 | -13.4% |
| Taxes | 450/3 | €53,877 | €46,672 | -€7,206 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,105 | €14,197 | -€908 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €984 | - | -€984 | |
| Other operating charges | 640/8 | €3,591 | €6,607 | +€3,016 | +84.0% |
| Gross operating margin | 9900 | €160,202 | €89,487 | -€70,716 | -44.1% |
| Operating profit (loss) | 9901 | €140,523 | €68,684 | -€71,839 | -51.1% |
| Financial income | 75/76B | €217,367 | €16,867 | -€200,499 | -92.2% |
| Recurring financial income | 75 | €9,188 | €16,867 | +€7,680 | +83.6% |
| Non-recurring financial income | 76B | €208,179 | - | -€208,179 | |
| Financial charges | 65/66B | €1,831 | €198 | -€1,633 | -89.2% |
| Recurring financial charges | 65 | €1,831 | €198 | -€1,633 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €356,058 | €85,353 | -€270,706 | -76.0% |
| Income taxes | 67/77 | €110,229 | €29,583 | -€80,646 | -73.2% |
| Profit (loss) for the period | 9904 | €245,829 | €55,769 | -€190,060 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €245,829 | €55,769 | -€190,060 | -77.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.