Method & Pragmatism: what changed
Method & Pragmatism
Largest movements
- Cash -€5,609
down €5,609 (-14.3%), from €39,342 to €33,733
mainly Net result for the year (-€9,047) and Other debts (-€1,433)
- Receivables within one year -€4,241
down €4,241 (-89.2%), from €4,755 to €515
- Tangible fixed assets -€1,797
down €1,797 (-49.6%), from €3,622 to €1,825
- Profit (loss) carried forward -€9,047
down €9,047 (-6,864%), from -€132 to -€9,179
- Other debts -€1,433
down €1,433 (-56.1%), from €2,555 to €1,122
- Trade debts -€1,028
down €1,028 (-74.0%), from €1,389 to €361
- Gross operating margin +€1,261
up €1,261 (+17.8%), from -€7,090 to -€5,830
- Depreciation -€1,002
down €1,002 (-35.9%), from €2,791 to €1,789
- Other operating charges -€354
down €354 (-23.1%), from €1,536 to €1,181
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,319 | €36,761 | -€11,559 | -23.9% |
| Fixed assets | 21/28 | €3,622 | €1,825 | -€1,797 | -49.6% |
| Tangible fixed assets | 22/27 | €3,622 | €1,825 | -€1,797 | -49.6% |
| Furniture and vehicles | 24 | €3,622 | €1,825 | -€1,797 | -49.6% |
| Current assets | 29/58 | €44,697 | €34,936 | -€9,762 | -21.8% |
| Amounts receivable within one year | 40/41 | €4,755 | €515 | -€4,241 | -89.2% |
| Other amounts receivable | 41 | €4,755 | €515 | -€4,241 | -89.2% |
| Cash at bank and in hand | 54/58 | €39,342 | €33,733 | -€5,609 | -14.3% |
| Deferred charges and accrued income | 490/1 | €600 | €688 | +€88 | +14.7% |
| Total equity and liabilities | 10/49 | €48,319 | €36,761 | -€11,559 | -23.9% |
| Equity | 10/15 | €44,128 | €35,081 | -€9,047 | -20.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132 | -€9,179 | -€9,047 | -6,864% |
| Amounts payable | 17/49 | €4,191 | €1,679 | -€2,512 | -59.9% |
| Amounts payable within one year | 42/48 | €4,191 | €1,679 | -€2,512 | -59.9% |
| Trade debts | 44 | €1,389 | €361 | -€1,028 | -74.0% |
| Suppliers | 440/4 | €1,389 | €361 | -€1,028 | -74.0% |
| Taxes, remuneration and social security | 45 | €247 | €197 | -€51 | -20.6% |
| Taxes | 450/3 | €247 | €197 | -€51 | -20.6% |
| Other amounts payable | 47/48 | €2,555 | €1,122 | -€1,433 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,791 | €1,789 | -€1,002 | -35.9% |
| Other operating charges | 640/8 | €1,536 | €1,181 | -€354 | -23.1% |
| Non-recurring operating charges | 66A | - | €8 | +€8 | |
| Gross operating margin | 9900 | -€7,090 | -€5,830 | +€1,261 | +17.8% |
| Operating profit (loss) | 9901 | -€11,417 | -€8,808 | +€2,609 | +22.9% |
| Financial charges | 65/66B | €100 | €42 | -€58 | -57.9% |
| Recurring financial charges | 65 | €100 | €42 | -€58 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,517 | -€8,850 | +€2,667 | +23.2% |
| Income taxes | 67/77 | €247 | €197 | -€51 | -20.6% |
| Profit (loss) for the period | 9904 | -€11,765 | -€9,047 | +€2,718 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,765 | -€9,047 | +€2,718 | +23.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.