PRWS Management: 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.
PRWS Management
Largest movements
- Receivables within one year +€6,523
up €6,523 (+22.1%), from €29,528 to €36,051
- Tangible fixed assets -€4,269
down €4,269 (-46.2%), from €9,239 to €4,971
of which Furniture and vehicles: -€3,162
- Cash +€3,253
up €3,253 (+31.9%), from €10,197 to €13,451
mainly Net result for the year (+€7,192) and Trade debts (+€5,196)
- Deferred charges and accrued income -€1,998
no longer reported in 2025 (was €1,998)
- Advances received -€12,100
no longer reported in 2025 (was €12,100)
- Profit (loss) carried forward +€7,192
up €7,192 (+32.3%), from -€22,273 to -€15,081
- Trade debts +€5,196
up €5,196 (+26.5%), from €19,571 to €24,766
- Other debts +€2,498
up €2,498 (+81.7%), from €3,057 to €5,555
- Tax, wage and social debts +€723
up €723 (+3.9%), from €18,508 to €19,231
- Other operating charges -€19,306
down €19,306 (-94.0%), from €20,549 to €1,242
- Gross operating margin +€7,635
up €7,635 (+58.7%), from €13,015 to €20,650
- Taxes +€1,855
up €1,855 (+31.4%), from €5,904 to €7,759
- Depreciation +€288
up €288 (+7.2%), from €3,981 to €4,269
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 | €50,963 | €54,472 | +€3,509 | +6.9% |
| Fixed assets | 21/28 | €9,239 | €4,971 | -€4,269 | -46.2% |
| Tangible fixed assets | 22/27 | €9,239 | €4,971 | -€4,269 | -46.2% |
| Plant, machinery and equipment | 23 | €2,097 | €989 | -€1,107 | -52.8% |
| Furniture and vehicles | 24 | €7,143 | €3,981 | -€3,162 | -44.3% |
| Current assets | 29/58 | €41,723 | €49,501 | +€7,778 | +18.6% |
| Amounts receivable within one year | 40/41 | €29,528 | €36,051 | +€6,523 | +22.1% |
| Trade receivables | 40 | €29,528 | €36,051 | +€6,523 | +22.1% |
| Cash at bank and in hand | 54/58 | €10,197 | €13,451 | +€3,253 | +31.9% |
| Deferred charges and accrued income | 490/1 | €1,998 | - | -€1,998 | |
| Total equity and liabilities | 10/49 | €50,963 | €54,472 | +€3,509 | +6.9% |
| Equity | 10/15 | -€2,273 | €4,919 | +€7,192 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,273 | -€15,081 | +€7,192 | +32.3% |
| Amounts payable | 17/49 | €53,235 | €49,553 | -€3,683 | -6.9% |
| Amounts payable within one year | 42/48 | €53,235 | €49,553 | -€3,683 | -6.9% |
| Trade debts | 44 | €19,571 | €24,766 | +€5,196 | +26.5% |
| Suppliers | 440/4 | €19,571 | €24,766 | +€5,196 | +26.5% |
| Advances received on contracts in progress | 46 | €12,100 | - | -€12,100 | |
| Taxes, remuneration and social security | 45 | €18,508 | €19,231 | +€723 | +3.9% |
| Taxes | 450/3 | €18,508 | €19,231 | +€723 | +3.9% |
| Other amounts payable | 47/48 | €3,057 | €5,555 | +€2,498 | +81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,981 | €4,269 | +€288 | +7.2% |
| Other operating charges | 640/8 | €20,549 | €1,242 | -€19,306 | -94.0% |
| Gross operating margin | 9900 | €13,015 | €20,650 | +€7,635 | +58.7% |
| Operating profit (loss) | 9901 | -€11,515 | €15,139 | +€26,654 | |
| Financial charges | 65/66B | €171 | €188 | +€17 | +10.0% |
| Recurring financial charges | 65 | €171 | €188 | +€17 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,686 | €14,951 | +€26,637 | |
| Income taxes | 67/77 | €5,904 | €7,759 | +€1,855 | +31.4% |
| Profit (loss) for the period | 9904 | -€17,590 | €7,192 | +€24,781 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,590 | €7,192 | +€24,781 |
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 5 October 2026 via checked.be.