PRAVO: 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.
PRAVO
Largest movements
- Tangible fixed assets -€3,621
down €3,621 (-20.2%), from €17,881 to €14,260
of which Furniture and vehicles: -€3,056
- Receivables within one year +€1,163
up €1,163 (+26.9%), from €4,320 to €5,483
of which Trade receivables: +€1,163
- Cash +€726
up €726 (+65.8%), from €1,103 to €1,829
mainly Depreciation (+€3,621) and Other debts (+€3,407)
- Profit (loss) carried forward -€6,495
down €6,495 (-42.3%), from €15,364 to €8,869
- Other debts +€3,407
new in 2024: €3,407
- Trade debts +€1,061
up €1,061 (+34.3%), from €3,094 to €4,155
- Tax, wage and social debts +€295
up €295 (+12.6%), from €2,346 to €2,641
of which Remuneration and social security: +€366
- Turnover -€28,867
down €28,867 (-40.2%), from €71,852 to €42,985
- Gross operating margin -€10,328
down €10,328, from €8,822 to -€1,506
- Purchases and services -€1,875
down €1,875 (-3.7%), from €50,030 to €48,154
- Taxes -€1,576
no longer reported in 2024 (was €1,576)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,304 | €21,572 | -€1,732 | -7.4% |
| Fixed assets | 21/28 | €17,881 | €14,260 | -€3,621 | -20.2% |
| Tangible fixed assets | 22/27 | €17,881 | €14,260 | -€3,621 | -20.2% |
| Land and buildings | 22 | €1,890 | €1,689 | -€201 | -10.6% |
| Plant, machinery and equipment | 23 | €1,504 | €1,140 | -€364 | -24.2% |
| Furniture and vehicles | 24 | €14,486 | €11,431 | -€3,056 | -21.1% |
| Current assets | 29/58 | €5,423 | €7,312 | +€1,889 | +34.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,320 | €5,483 | +€1,163 | +26.9% |
| Trade receivables | 40 | €4,265 | €5,428 | +€1,163 | +27.3% |
| Other amounts receivable | 41 | €55 | €55 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,103 | €1,829 | +€726 | +65.8% |
| Total equity and liabilities | 10/49 | €23,304 | €21,572 | -€1,732 | -7.4% |
| Equity | 10/15 | €17,864 | €11,369 | -€6,495 | -36.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,364 | €8,869 | -€6,495 | -42.3% |
| Amounts payable | 17/49 | €5,440 | €10,203 | +€4,763 | +87.6% |
| Amounts payable within one year | 42/48 | €5,440 | €10,203 | +€4,763 | +87.6% |
| Trade debts | 44 | €3,094 | €4,155 | +€1,061 | +34.3% |
| Suppliers | 440/4 | €3,094 | €4,155 | +€1,061 | +34.3% |
| Taxes, remuneration and social security | 45 | €2,346 | €2,641 | +€295 | +12.6% |
| Taxes | 450/3 | €1,598 | €1,527 | -€72 | -4.5% |
| Remuneration and social security | 454/9 | €747 | €1,114 | +€366 | +49.0% |
| Other amounts payable | 47/48 | - | €3,407 | +€3,407 | |
| Turnover | 70 | €71,852 | €42,985 | -€28,867 | -40.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,030 | €48,154 | -€1,875 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,367 | €3,621 | +€254 | +7.5% |
| Other operating charges | 640/8 | €1,461 | €1,268 | -€193 | -13.2% |
| Gross operating margin | 9900 | €8,822 | -€1,506 | -€10,328 | |
| Operating profit (loss) | 9901 | €3,994 | -€6,396 | -€10,389 | |
| Financial income | 75/76B | €36 | €0 | -€36 | -99.7% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -99.7% |
| Financial charges | 65/66B | €55 | €100 | +€45 | +80.8% |
| Recurring financial charges | 65 | €55 | €100 | +€45 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €3,975 | -€6,495 | -€10,470 | |
| Income taxes | 67/77 | €1,576 | - | -€1,576 | |
| Profit (loss) for the period | 9904 | €2,400 | -€6,495 | -€8,895 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,400 | -€6,495 | -€8,895 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.