PRANAENCO: 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.
PRANAENCO
Largest movements
- Cash -€35,038
down €35,038 (-76.9%), from €45,574 to €10,537
mainly Contributions, distributions and other (-€80,389) and Receivables within one year (-€5,056)
- Receivables within one year +€5,056
up €5,056 (+25.9%), from €19,512 to €24,569
of which Trade receivables: +€5,031
- Tangible fixed assets -€724
down €724 (-22.7%), from €3,196 to €2,472
of which Plant, machinery and equipment: -€724
- Reserves -€59,208
down €59,208 (-100%), from €59,208 to €0
- Other debts +€28,252
up €28,252 (+8,336%), from €339 to €28,591
No income-statement line moved by more than 1% of the activity.
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 | €68,283 | €37,577 | -€30,706 | -45.0% |
| Fixed assets | 21/28 | €3,196 | €2,472 | -€724 | -22.7% |
| Tangible fixed assets | 22/27 | €3,196 | €2,472 | -€724 | -22.7% |
| Plant, machinery and equipment | 23 | €3,196 | €2,472 | -€724 | -22.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €65,087 | €35,105 | -€29,981 | -46.1% |
| Amounts receivable within one year | 40/41 | €19,512 | €24,569 | +€5,056 | +25.9% |
| Trade receivables | 40 | €19,435 | €24,465 | +€5,031 | +25.9% |
| Other amounts receivable | 41 | €78 | €103 | +€26 | +33.0% |
| Cash at bank and in hand | 54/58 | €45,574 | €10,537 | -€35,038 | -76.9% |
| Total equity and liabilities | 10/49 | €68,283 | €37,577 | -€30,706 | -45.0% |
| Equity | 10/15 | €62,808 | €3,600 | -€59,208 | -94.3% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €59,208 | €0 | -€59,208 | -100% |
| Distributable reserves | 133 | €59,208 | €0 | -€59,208 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,475 | €33,977 | +€28,502 | +521% |
| Amounts payable within one year | 42/48 | €5,475 | €33,977 | +€28,502 | +521% |
| Trade debts | 44 | €1,187 | €1,746 | +€560 | +47.1% |
| Suppliers | 440/4 | €1,187 | €1,746 | +€560 | +47.1% |
| Taxes, remuneration and social security | 45 | €3,949 | €3,640 | -€310 | -7.8% |
| Taxes | 450/3 | €3,949 | €3,640 | -€310 | -7.8% |
| Other amounts payable | 47/48 | €339 | €28,591 | +€28,252 | +8,336% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €898 | €724 | -€173 | -19.3% |
| Other operating charges | 640/8 | €607 | €849 | +€242 | +39.9% |
| Gross operating margin | 9900 | €29,617 | €29,619 | +€2 | 0.0% |
| Operating profit (loss) | 9901 | €28,113 | €28,046 | -€66 | -0.2% |
| Financial income | 75/76B | €0 | €42 | +€42 | +416,500% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +416,500% |
| Financial charges | 65/66B | €369 | €411 | +€43 | +11.6% |
| Recurring financial charges | 65 | €369 | €411 | +€43 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €27,744 | €27,677 | -€67 | -0.2% |
| Income taxes | 67/77 | €6,422 | €6,496 | +€74 | +1.1% |
| Profit (loss) for the period | 9904 | €21,322 | €21,181 | -€141 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,322 | €21,181 | -€141 | -0.7% |
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 24 October 2026 via checked.be.