De Praeters: 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.
De Praeters
Largest movements
- Tangible fixed assets +€90,837
up €90,837 (+2,248%), from €4,041 to €94,878
of which Leasing and similar rights: +€75,999
- Cash +€87,242
up €87,242 (+162%), from €53,710 to €140,952
mainly Debts after one year (+€278,920) and Trade debts (+€31,034)
- Receivables within one year +€49,677
up €49,677 (+67.7%), from €73,426 to €123,103
of which Trade receivables: +€38,634
- Intangible fixed assets +€23,347
up €23,347 (+193%), from €12,096 to €35,443
- Deferred charges and accrued income +€4,540
up €4,540 (+231%), from €1,968 to €6,508
- Debts after one year +€278,920
new in 2025: €278,920
- Trade debts +€31,034
up €31,034 (+351%), from €8,848 to €39,883
- Profit (loss) carried forward -€29,730
new in 2025: -€29,730
- Tax, wage and social debts -€24,836
down €24,836 (-42.6%), from €58,284 to €33,448
of which Taxes: -€33,317
- Accrued charges and deferred income -€17,388
down €17,388 (-69.4%), from €25,072 to €7,684
- Staff costs +€29,361
up €29,361 (+25.2%), from €116,284 to €145,646
- Gross operating margin -€9,620
down €9,620 (-6.9%), from €140,095 to €130,475
- Taxes -€6,947
down €6,947 (-90.5%), from €7,678 to €732
- Depreciation +€5,277
up €5,277 (+231%), from €2,281 to €7,558
- Financial charges +€1,715
up €1,715 (+51.5%), from €3,332 to €5,047
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 | €145,241 | €400,883 | +€255,642 | +176% |
| Fixed assets | 21/28 | €16,137 | €130,321 | +€114,184 | +708% |
| Intangible fixed assets | 21 | €12,096 | €35,443 | +€23,347 | +193% |
| Tangible fixed assets | 22/27 | €4,041 | €94,878 | +€90,837 | +2,248% |
| Plant, machinery and equipment | 23 | €3,931 | €18,826 | +€14,896 | +379% |
| Furniture and vehicles | 24 | €110 | €52 | -€58 | -52.4% |
| Leasing and similar rights | 25 | - | €75,999 | +€75,999 | |
| Current assets | 29/58 | €129,104 | €270,562 | +€141,458 | +110% |
| Amounts receivable within one year | 40/41 | €73,426 | €123,103 | +€49,677 | +67.7% |
| Trade receivables | 40 | €73,426 | €112,060 | +€38,634 | +52.6% |
| Other amounts receivable | 41 | - | €11,043 | +€11,043 | |
| Cash at bank and in hand | 54/58 | €53,710 | €140,952 | +€87,242 | +162% |
| Deferred charges and accrued income | 490/1 | €1,968 | €6,508 | +€4,540 | +231% |
| Total equity and liabilities | 10/49 | €145,241 | €400,883 | +€255,642 | +176% |
| Equity | 10/15 | €53,037 | €23,307 | -€29,730 | -56.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,037 | €50,037 | = | 0.0% |
| Distributable reserves | 133 | €50,037 | €50,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,730 | -€29,730 | |
| Amounts payable | 17/49 | €92,204 | €377,576 | +€285,372 | +310% |
| Amounts payable after more than one year | 17 | - | €278,920 | +€278,920 | |
| Financial debts | 170/4 | - | €278,920 | +€278,920 | |
| Amounts payable within one year | 42/48 | €67,132 | €90,972 | +€23,840 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | - | €16,951 | +€16,951 | |
| Financial debts | 43 | - | €691 | +€691 | |
| Credit institutions | 430/8 | - | €691 | +€691 | |
| Trade debts | 44 | €8,848 | €39,883 | +€31,034 | +351% |
| Suppliers | 440/4 | €8,848 | €39,883 | +€31,034 | +351% |
| Taxes, remuneration and social security | 45 | €58,284 | €33,448 | -€24,836 | -42.6% |
| Taxes | 450/3 | €49,087 | €15,770 | -€33,317 | -67.9% |
| Remuneration and social security | 454/9 | €9,197 | €17,678 | +€8,481 | +92.2% |
| Accrued charges and deferred income | 492/3 | €25,072 | €7,684 | -€17,388 | -69.4% |
| Remuneration, social security and pensions | 62 | €116,284 | €145,646 | +€29,361 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,281 | €7,558 | +€5,277 | +231% |
| Other operating charges | 640/8 | €252 | €1,292 | +€1,040 | +412% |
| Gross operating margin | 9900 | €140,095 | €130,475 | -€9,620 | -6.9% |
| Operating profit (loss) | 9901 | €21,276 | -€24,021 | -€45,297 | |
| Financial income | 75/76B | €1,350 | €70 | -€1,280 | -94.8% |
| Recurring financial income | 75 | €1,350 | €70 | -€1,280 | -94.8% |
| Financial charges | 65/66B | €3,332 | €5,047 | +€1,715 | +51.5% |
| Recurring financial charges | 65 | €3,332 | €5,047 | +€1,715 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €19,294 | -€28,998 | -€48,293 | |
| Income taxes | 67/77 | €7,678 | €732 | -€6,947 | -90.5% |
| Profit (loss) for the period | 9904 | €11,616 | -€29,730 | -€41,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,616 | -€29,730 | -€41,346 |
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 18 October 2026 via checked.be.