PRETORIA: 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.
PRETORIA
Largest movements
- Cash -€56,381
down €56,381 (-15.2%), from €371,903 to €315,521
mainly Net result for the year (-€62,110) and Deferred charges and accrued income (-€45,082)
- Deferred charges and accrued income +€45,082
up €45,082 (+2510.1%), from €1,796 to €46,878
- Receivables within one year -€22,064
down €22,064 (-63.5%), from €34,745 to €12,680
- Tangible fixed assets -€4,598
down €4,598 (-66.7%), from €6,891 to €2,293
- Profit (loss) carried forward -€62,110
down €62,110 (-14.7%), from €423,484 to €361,373
- Trade debts +€26,397
up €26,397 (+590.3%), from €4,472 to €30,869
- Gross operating margin -€305,518
down €305,518, from €247,447 to -€58,071
- Taxes -€46,338
no longer reported in 2025 (was €46,338)
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 | €433,720 | €396,008 | -€37,712 | -8.7% |
| Fixed assets | 21/28 | €25,276 | €20,928 | -€4,348 | -17.2% |
| Tangible fixed assets | 22/27 | €6,891 | €2,293 | -€4,598 | -66.7% |
| Plant, machinery and equipment | 23 | €6,891 | €2,293 | -€4,598 | -66.7% |
| Financial fixed assets | 28 | €18,385 | €18,635 | +€250 | +1.4% |
| Current assets | 29/58 | €408,444 | €375,080 | -€33,363 | -8.2% |
| Amounts receivable within one year | 40/41 | €34,745 | €12,680 | -€22,064 | -63.5% |
| Other amounts receivable | 41 | €34,745 | €12,680 | -€22,064 | -63.5% |
| Cash at bank and in hand | 54/58 | €371,903 | €315,521 | -€56,381 | -15.2% |
| Deferred charges and accrued income | 490/1 | €1,796 | €46,878 | +€45,082 | +2510.1% |
| Total equity and liabilities | 10/49 | €433,720 | €396,008 | -€37,712 | -8.7% |
| Equity | 10/15 | €423,484 | €361,373 | -€62,110 | -14.7% |
| Profit (loss) carried forward | 14 | €423,484 | €361,373 | -€62,110 | -14.7% |
| Amounts payable | 17/49 | €10,236 | €34,635 | +€24,399 | +238.4% |
| Amounts payable within one year | 42/48 | €5,648 | €32,045 | +€26,397 | +467.3% |
| Trade debts | 44 | €4,472 | €30,869 | +€26,397 | +590.3% |
| Suppliers | 440/4 | €4,472 | €30,869 | +€26,397 | +590.3% |
| Taxes, remuneration and social security | 45 | €1,177 | €1,177 | = | 0.0% |
| Taxes | 450/3 | €1,177 | €1,177 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,588 | €2,589 | -€1,998 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,923 | €4,598 | -€325 | -6.6% |
| Gross operating margin | 9900 | €247,447 | -€58,071 | -€305,518 | |
| Operating profit (loss) | 9901 | €242,524 | -€62,669 | -€305,193 | |
| Financial income | 75/76B | €1,468 | €907 | -€561 | -38.2% |
| Recurring financial income | 75 | €1,468 | €907 | -€561 | -38.2% |
| Financial charges | 65/66B | €666 | €348 | -€318 | -47.7% |
| Recurring financial charges | 65 | €666 | €348 | -€318 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €243,326 | -€62,110 | -€305,436 | |
| Income taxes | 67/77 | €46,338 | - | -€46,338 | |
| Profit (loss) for the period | 9904 | €196,988 | -€62,110 | -€259,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €196,988 | -€62,110 | -€259,099 |
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.