PRAXIS: 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.
PRAXIS
Largest movements
- Tangible fixed assets -€12,661
down €12,661 (-5.0%), from €253,720 to €241,059
- Cash -€7,475
down €7,475 (-17.6%), from €42,374 to €34,899
mainly Other debts (-€28,550) and Tax, wage and social debts (-€1,347)
- Other debts -€28,550
down €28,550 (-10.0%), from €286,538 to €257,988
- Profit (loss) carried forward +€9,761
up €9,761 (+21.0%), from -€46,375 to -€36,615
- Gross operating margin +€2,517
up €2,517 (+12.4%), from €20,234 to €22,751
- Taxes -€1,097
new in 2025: -€1,097
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 | €331,130 | €310,994 | -€20,136 | -6.1% |
| Fixed assets | 21/28 | €274,169 | €261,508 | -€12,661 | -4.6% |
| Tangible fixed assets | 22/27 | €253,720 | €241,059 | -€12,661 | -5.0% |
| Land and buildings | 22 | €253,720 | €241,059 | -€12,661 | -5.0% |
| Financial fixed assets | 28 | €20,450 | €20,450 | = | 0.0% |
| Current assets | 29/58 | €56,961 | €49,486 | -€7,475 | -13.1% |
| Amounts receivable within one year | 40/41 | €14,587 | €14,587 | = | 0.0% |
| Other amounts receivable | 41 | €14,587 | €14,587 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,374 | €34,899 | -€7,475 | -17.6% |
| Total equity and liabilities | 10/49 | €331,130 | €310,994 | -€20,136 | -6.1% |
| Equity | 10/15 | €43,245 | €53,006 | +€9,761 | +22.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €27,621 | €27,621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €21,421 | €21,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,375 | -€36,615 | +€9,761 | +21.0% |
| Amounts payable | 17/49 | €287,885 | €257,988 | -€29,897 | -10.4% |
| Amounts payable within one year | 42/48 | €287,885 | €257,988 | -€29,897 | -10.4% |
| Taxes, remuneration and social security | 45 | €1,347 | - | -€1,347 | |
| Taxes | 450/3 | €1,347 | - | -€1,347 | |
| Other amounts payable | 47/48 | €286,538 | €257,988 | -€28,550 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,661 | €12,661 | = | 0.0% |
| Other operating charges | 640/8 | €1,617 | €1,558 | -€59 | -3.6% |
| Gross operating margin | 9900 | €20,234 | €22,751 | +€2,517 | +12.4% |
| Operating profit (loss) | 9901 | €5,956 | €8,532 | +€2,576 | +43.3% |
| Financial income | 75/76B | €151 | €363 | +€212 | +140.6% |
| Recurring financial income | 75 | €151 | €363 | +€212 | +140.6% |
| Financial charges | 65/66B | €335 | €231 | -€104 | -31.0% |
| Recurring financial charges | 65 | €335 | €231 | -€104 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €5,772 | €8,664 | +€2,892 | +50.1% |
| Income taxes | 67/77 | - | -€1,097 | -€1,097 | |
| Profit (loss) for the period | 9904 | €5,772 | €9,761 | +€3,989 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,772 | €9,761 | +€3,989 | +69.1% |
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 4 October 2026 via checked.be.