De Pré Michaël: 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 Pré Michaël
Largest movements
- Cash +€18,669
up €18,669 (+151%), from €12,340 to €31,009
mainly Trade debts (+€13,511) and Net result for the year (+€11,973)
- Receivables within one year +€12,389
up €12,389 (+61.9%), from €20,026 to €32,414
- Tangible fixed assets -€4,910
down €4,910 (-37.3%), from €13,166 to €8,256
of which Furniture and vehicles: -€10,250
- Trade debts +€13,511
up €13,511 (+429%), from €3,152 to €16,663
- Profit (loss) carried forward +€11,140
up €11,140 (+43.5%), from €25,632 to €36,772
- Tax, wage and social debts +€2,317
up €2,317 (+23.9%), from €9,711 to €12,027
of which Taxes: +€1,517
- Other debts -€819
down €819 (-40.2%), from €2,036 to €1,217
- Gross operating margin +€8,890
up €8,890 (+78.4%), from €11,338 to €20,229
- Taxes +€3,026
up €3,026 (+135%), from €2,239 to €5,264
- Depreciation +€704
up €704 (+70.5%), from €1,000 to €1,704
- Other operating charges +€433
up €433 (+62.7%), from €690 to €1,123
- Financial charges -€330
down €330 (-66.7%), from €495 to €165
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 | €45,531 | €71,679 | +€26,148 | +57.4% |
| Fixed assets | 21/28 | €13,166 | €8,256 | -€4,910 | -37.3% |
| Tangible fixed assets | 22/27 | €13,166 | €8,256 | -€4,910 | -37.3% |
| Land and buildings | 22 | - | €6,340 | +€6,340 | |
| Plant, machinery and equipment | 23 | €2,916 | €1,916 | -€1,000 | -34.3% |
| Furniture and vehicles | 24 | €10,250 | - | -€10,250 | |
| Current assets | 29/58 | €32,365 | €63,423 | +€31,058 | +96.0% |
| Amounts receivable within one year | 40/41 | €20,026 | €32,414 | +€12,389 | +61.9% |
| Trade receivables | 40 | €20,026 | €32,414 | +€12,389 | +61.9% |
| Cash at bank and in hand | 54/58 | €12,340 | €31,009 | +€18,669 | +151% |
| Total equity and liabilities | 10/49 | €45,531 | €71,679 | +€26,148 | +57.4% |
| Equity | 10/15 | €30,632 | €41,772 | +€11,140 | +36.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,632 | €36,772 | +€11,140 | +43.5% |
| Amounts payable | 17/49 | €14,899 | €29,908 | +€15,008 | +101% |
| Amounts payable within one year | 42/48 | €14,899 | €29,908 | +€15,008 | +101% |
| Trade debts | 44 | €3,152 | €16,663 | +€13,511 | +429% |
| Suppliers | 440/4 | €3,152 | €16,663 | +€13,511 | +429% |
| Taxes, remuneration and social security | 45 | €9,711 | €12,027 | +€2,317 | +23.9% |
| Taxes | 450/3 | €7,511 | €9,027 | +€1,517 | +20.2% |
| Remuneration and social security | 454/9 | €2,200 | €3,000 | +€800 | +36.4% |
| Other amounts payable | 47/48 | €2,036 | €1,217 | -€819 | -40.2% |
| Non-recurring operating income | 76A | - | €5,569 | +€5,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,704 | +€704 | +70.5% |
| Other operating charges | 640/8 | €690 | €1,123 | +€433 | +62.7% |
| Gross operating margin | 9900 | €11,338 | €20,229 | +€8,890 | +78.4% |
| Operating profit (loss) | 9901 | €9,648 | €17,401 | +€7,753 | +80.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -2.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -2.4% |
| Financial charges | 65/66B | €495 | €165 | -€330 | -66.7% |
| Recurring financial charges | 65 | €495 | €165 | -€330 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €9,154 | €17,237 | +€8,083 | +88.3% |
| Income taxes | 67/77 | €2,239 | €5,264 | +€3,026 | +135% |
| Profit (loss) for the period | 9904 | €6,915 | €11,973 | +€5,058 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,915 | €11,973 | +€5,058 | +73.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.