PRAXIE GROUP: 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.
PRAXIE GROUP
Largest movements
- Receivables within one year +€68,303
up €68,303 (+209%), from €32,635 to €100,939
of which Other amounts receivable: +€70,332
- Cash -€21,006
down €21,006 (-21.9%), from €96,067 to €75,061
mainly Receivables within one year (-€68,303) and Debts after one year (-€7,695)
- Current investments -€9,151
down €9,151 (-100%), from €9,151 to €0
- Tangible fixed assets -€7,038
down €7,038 (-3.5%), from €203,102 to €196,064
of which Land and buildings: -€5,705
- Financial fixed assets +€7,000
new in 2025: €7,000
- Reserves +€50,291
up €50,291 (+36.7%), from €137,188 to €187,479
of which Distributable reserves: +€50,291
- Debts after one year -€7,695
down €7,695 (-6.3%), from €121,692 to €113,996
- Trade debts -€5,563
down €5,563 (-62.5%), from €8,908 to €3,344
- Gross operating margin -€20,708
down €20,708 (-19.1%), from €108,201 to €87,493
- Taxes -€6,464
down €6,464 (-20.5%), from €31,516 to €25,052
- Financial income +€1,483
up €1,483 (+584%), from €254 to €1,737
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 | €341,418 | €379,064 | +€37,646 | +11.0% |
| Fixed assets | 21/28 | €203,102 | €203,064 | -€38 | 0.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €203,102 | €196,064 | -€7,038 | -3.5% |
| Land and buildings | 22 | €199,339 | €193,634 | -€5,705 | -2.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €3,763 | €2,431 | -€1,333 | -35.4% |
| Financial fixed assets | 28 | - | €7,000 | +€7,000 | |
| Current assets | 29/58 | €138,316 | €176,000 | +€37,684 | +27.2% |
| Amounts receivable within one year | 40/41 | €32,635 | €100,939 | +€68,303 | +209% |
| Trade receivables | 40 | €13,572 | €11,544 | -€2,028 | -14.9% |
| Other amounts receivable | 41 | €19,063 | €89,395 | +€70,332 | +369% |
| Current investments | 50/53 | €9,151 | €0 | -€9,151 | -100% |
| Cash at bank and in hand | 54/58 | €96,067 | €75,061 | -€21,006 | -21.9% |
| Deferred charges and accrued income | 490/1 | €462 | - | -€462 | |
| Total equity and liabilities | 10/49 | €341,418 | €379,064 | +€37,646 | +11.0% |
| Equity | 10/15 | €155,738 | €206,029 | +€50,291 | +32.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €137,188 | €187,479 | +€50,291 | +36.7% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Distributable reserves | 133 | €137,168 | €187,459 | +€50,291 | +36.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €185,680 | €173,036 | -€12,645 | -6.8% |
| Amounts payable after more than one year | 17 | €121,692 | €113,996 | -€7,695 | -6.3% |
| Financial debts | 170/4 | €121,692 | €113,996 | -€7,695 | -6.3% |
| Amounts payable within one year | 42/48 | €63,989 | €58,618 | -€5,371 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €7,556 | €7,695 | +€140 | +1.9% |
| Trade debts | 44 | €8,908 | €3,344 | -€5,563 | -62.5% |
| Suppliers | 440/4 | €8,908 | €3,344 | -€5,563 | -62.5% |
| Taxes, remuneration and social security | 45 | €47,526 | €47,578 | +€53 | +0.1% |
| Taxes | 450/3 | €47,526 | €47,578 | +€53 | +0.1% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €422 | +€422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,038 | €7,038 | = | 0.0% |
| Other operating charges | 640/8 | €4,291 | €3,892 | -€400 | -9.3% |
| Gross operating margin | 9900 | €108,201 | €87,493 | -€20,708 | -19.1% |
| Operating profit (loss) | 9901 | €96,871 | €76,563 | -€20,308 | -21.0% |
| Financial income | 75/76B | €254 | €1,737 | +€1,483 | +584% |
| Recurring financial income | 75 | €254 | €1,737 | +€1,483 | +584% |
| Financial charges | 65/66B | €3,392 | €2,957 | -€435 | -12.8% |
| Recurring financial charges | 65 | €3,392 | €2,957 | -€435 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €93,733 | €75,343 | -€18,391 | -19.6% |
| Income taxes | 67/77 | €31,516 | €25,052 | -€6,464 | -20.5% |
| Profit (loss) for the period | 9904 | €62,218 | €50,291 | -€11,927 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,218 | €50,291 | -€11,927 | -19.2% |
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 26 October 2026 via checked.be.