PRAUXILIUM: 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.
PRAUXILIUM
Largest movements
- Cash -€32,002
down €32,002 (-80.7%), from €39,636 to €7,634
mainly Net result for the year (-€18,949) and Debts after one year (-€13,536)
- Receivables within one year +€10,827
up €10,827 (+11.8%), from €91,995 to €102,822
of which Trade receivables: +€13,860
- Intangible fixed assets -€3,086
down €3,086 (-92.3%), from €3,344 to €258
- Tangible fixed assets +€2,962
up €2,962 (+31.8%), from €9,316 to €12,278
of which Furniture and vehicles: +€6,847
- Tax, wage and social debts +€19,900
up €19,900 (+46.3%), from €42,955 to €62,856
of which Remuneration and social security: +€22,152
- Profit (loss) carried forward -€18,949
down €18,949, from €11,303 to -€7,646
- Debts after one year -€13,536
down €13,536 (-25.1%), from €54,001 to €40,466
- Trade debts -€5,146
down €5,146 (-43.2%), from €11,911 to €6,765
- Staff costs +€71,096
up €71,096 (+105%), from €67,487 to €138,583
- Gross operating margin +€70,004
up €70,004 (+103%), from €67,704 to €137,708
- Financial income -€20,000
down €20,000 (-100.0%), from €20,000 to €0
of which Non-recurring financial income: -€20,000
- Taxes -€4,602
down €4,602 (-86.5%), from €5,320 to €718
- Other operating charges -€3,630
down €3,630 (-71.3%), from €5,093 to €1,463
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 | €149,192 | €129,083 | -€20,109 | -13.5% |
| Fixed assets | 21/28 | €12,660 | €12,536 | -€124 | -1.0% |
| Intangible fixed assets | 21 | €3,344 | €258 | -€3,086 | -92.3% |
| Tangible fixed assets | 22/27 | €9,316 | €12,278 | +€2,962 | +31.8% |
| Plant, machinery and equipment | 23 | €3,695 | €2,471 | -€1,224 | -33.1% |
| Furniture and vehicles | 24 | €2,165 | €9,012 | +€6,847 | +316% |
| Leasing and similar rights | 25 | €3,456 | €795 | -€2,661 | -77.0% |
| Current assets | 29/58 | €136,532 | €116,547 | -€19,985 | -14.6% |
| Amounts receivable within one year | 40/41 | €91,995 | €102,822 | +€10,827 | +11.8% |
| Trade receivables | 40 | €85,164 | €99,024 | +€13,860 | +16.3% |
| Other amounts receivable | 41 | €6,831 | €3,798 | -€3,033 | -44.4% |
| Cash at bank and in hand | 54/58 | €39,636 | €7,634 | -€32,002 | -80.7% |
| Deferred charges and accrued income | 490/1 | €4,901 | €6,091 | +€1,190 | +24.3% |
| Total equity and liabilities | 10/49 | €149,192 | €129,083 | -€20,109 | -13.5% |
| Equity | 10/15 | €21,303 | €2,354 | -€18,949 | -89.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,303 | -€7,646 | -€18,949 | |
| Amounts payable | 17/49 | €127,889 | €126,730 | -€1,159 | -0.9% |
| Amounts payable after more than one year | 17 | €54,001 | €40,466 | -€13,536 | -25.1% |
| Financial debts | 170/4 | €54,001 | €40,466 | -€13,536 | -25.1% |
| Amounts payable within one year | 42/48 | €73,888 | €86,264 | +€12,376 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €14,509 | €13,536 | -€974 | -6.7% |
| Trade debts | 44 | €11,911 | €6,765 | -€5,146 | -43.2% |
| Suppliers | 440/4 | €11,911 | €6,765 | -€5,146 | -43.2% |
| Taxes, remuneration and social security | 45 | €42,955 | €62,856 | +€19,900 | +46.3% |
| Taxes | 450/3 | €31,307 | €29,055 | -€2,252 | -7.2% |
| Remuneration and social security | 454/9 | €11,648 | €33,801 | +€22,152 | +190% |
| Other amounts payable | 47/48 | €4,512 | €3,108 | -€1,404 | -31.1% |
| Remuneration, social security and pensions | 62 | €67,487 | €138,583 | +€71,096 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,050 | €11,655 | +€3,605 | +44.8% |
| Other operating charges | 640/8 | €5,093 | €1,463 | -€3,630 | -71.3% |
| Non-recurring operating charges | 66A | €809 | - | -€809 | |
| Gross operating margin | 9900 | €67,704 | €137,708 | +€70,004 | +103% |
| Operating profit (loss) | 9901 | -€13,735 | -€13,993 | -€258 | -1.9% |
| Financial income | 75/76B | €20,000 | €0 | -€20,000 | -100.0% |
| Recurring financial income | 75 | €20,000 | €0 | -€20,000 | -100.0% |
| Non-recurring financial income | 76B | €20,000 | - | -€20,000 | |
| Financial charges | 65/66B | €940 | €4,239 | +€3,299 | +351% |
| Recurring financial charges | 65 | €940 | €4,239 | +€3,299 | +351% |
| Profit (loss) for the period before taxes | 9903 | €5,325 | -€18,232 | -€23,557 | |
| Income taxes | 67/77 | €5,320 | €718 | -€4,602 | -86.5% |
| Profit (loss) for the period | 9904 | €5 | -€18,949 | -€18,955 | |
| Profit (loss) for the period to be appropriated | 9905 | €5 | -€18,949 | -€18,955 |
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.