PRIZRAK: 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.
PRIZRAK
Largest movements
- Receivables within one year +€633,619
up €633,619 (+114%), from €556,447 to €1.2m
of which Trade receivables: +€656,000
- Stocks and contracts -€490,571
down €490,571 (-38.0%), from €1.3m to €800,400
- Tax, wage and social debts +€141,993
new in 2025: €141,993
- Trade debts -€104,235
down €104,235 (-82.0%), from €127,039 to €22,805
- Reserves +€103,760
up €103,760 (+11.6%), from €890,746 to €994,506
of which Distributable reserves: +€103,760
- Financial charges -€62,159
down €62,159 (-68.6%), from €90,620 to €28,462
- Gross operating margin +€55,037
up €55,037 (+76.4%), from €71,995 to €127,032
- Financial income +€14,849
up €14,849 (+809%), from €1,836 to €16,685
- Taxes +€10,804
up €10,804, from -€428 to €10,376
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 | €2,489,000 | €2,649,295 | +€160,295 | +6.4% |
| Fixed assets | 21/28 | €490,828 | €490,828 | = | 0.0% |
| Tangible fixed assets | 22/27 | €14,037 | €14,037 | = | 0.0% |
| Land and buildings | 22 | €14,037 | €14,037 | = | 0.0% |
| Financial fixed assets | 28 | €476,791 | €476,791 | = | 0.0% |
| Current assets | 29/58 | €1,998,172 | €2,158,467 | +€160,295 | +8.0% |
| Stocks and contracts in progress | 3 | €1,290,971 | €800,400 | -€490,571 | -38.0% |
| Stocks | 30/36 | €1,290,971 | €800,400 | -€490,571 | -38.0% |
| Amounts receivable within one year | 40/41 | €556,447 | €1,190,066 | +€633,619 | +114% |
| Trade receivables | 40 | €0 | €656,000 | +€656,000 | |
| Other amounts receivable | 41 | €556,447 | €534,066 | -€22,381 | -4.0% |
| Current investments | 50/53 | €23,259 | €27,901 | +€4,642 | +20.0% |
| Cash at bank and in hand | 54/58 | €127,495 | €139,040 | +€11,545 | +9.1% |
| Deferred charges and accrued income | 490/1 | - | €1,060 | +€1,060 | |
| Total equity and liabilities | 10/49 | €2,489,000 | €2,649,295 | +€160,295 | +6.4% |
| Equity | 10/15 | €1,537,500 | €1,641,260 | +€103,760 | +6.7% |
| Contributions | 10/11 | €646,754 | €646,754 | = | 0.0% |
| Capital | 10 | €646,754 | €646,754 | = | 0.0% |
| Issued capital | 100 | €646,754 | €646,754 | = | 0.0% |
| Reserves | 13 | €890,746 | €994,506 | +€103,760 | +11.6% |
| Non-distributable reserves | 130/1 | €64,675 | €64,675 | = | 0.0% |
| Legal reserve | 130 | €64,675 | €64,675 | = | 0.0% |
| Distributable reserves | 133 | €826,070 | €929,830 | +€103,760 | +12.6% |
| Amounts payable | 17/49 | €951,500 | €1,008,035 | +€56,535 | +5.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €948,984 | €1,008,035 | +€59,051 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €501,439 | €501,439 | = | 0.0% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €127,039 | €22,805 | -€104,235 | -82.0% |
| Suppliers | 440/4 | €127,039 | €22,805 | -€104,235 | -82.0% |
| Taxes, remuneration and social security | 45 | - | €141,993 | +€141,993 | |
| Taxes | 450/3 | - | €141,993 | +€141,993 | |
| Other amounts payable | 47/48 | €70,506 | €91,798 | +€21,293 | +30.2% |
| Accrued charges and deferred income | 492/3 | €2,516 | €0 | -€2,516 | -100% |
| Other operating charges | 640/8 | €1,161 | €1,118 | -€42 | -3.6% |
| Gross operating margin | 9900 | €71,995 | €127,032 | +€55,037 | +76.4% |
| Operating profit (loss) | 9901 | €70,834 | €125,913 | +€55,079 | +77.8% |
| Financial income | 75/76B | €1,836 | €16,685 | +€14,849 | +809% |
| Recurring financial income | 75 | €1,836 | €16,685 | +€14,849 | +809% |
| Financial charges | 65/66B | €90,620 | €28,462 | -€62,159 | -68.6% |
| Recurring financial charges | 65 | €90,620 | €28,462 | -€62,159 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,950 | €114,136 | +€132,086 | |
| Income taxes | 67/77 | -€428 | €10,376 | +€10,804 | |
| Profit (loss) for the period | 9904 | -€17,521 | €103,760 | +€121,282 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,521 | €103,760 | +€121,282 |
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 16 October 2026 via checked.be.