De Preter Steven: 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 Preter Steven
Largest movements
- Deferred charges and accrued income -€12,000
down €12,000 (-62.5%), from €19,185 to €7,186
- Stocks and contracts -€5,123
down €5,123 (-30.2%), from €16,946 to €11,823
- Tangible fixed assets -€2,493
down €2,493 (-7.4%), from €33,904 to €31,411
of which Plant, machinery and equipment: -€2,400
- Cash +€1,970
up €1,970 (+3.2%), from €62,441 to €64,411
mainly Net result for the year (+€84,740) and Other debts (+€17,187)
- Reserves -€31,400
down €31,400 (-65.3%), from €48,101 to €16,701
- Other debts +€17,187
up €17,187 (+19.5%), from €88,051 to €105,238
- Contributions -€1,860
down €1,860 (-9.1%), from €20,460 to €18,600
- Gross operating margin +€5,905
up €5,905 (+5.6%), from €106,147 to €112,052
- Taxes +€1,213
up €1,213 (+5.6%), from €21,766 to €22,979
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 | €178,639 | €160,582 | -€18,057 | -10.1% |
| Fixed assets | 21/28 | €33,904 | €31,411 | -€2,493 | -7.4% |
| Tangible fixed assets | 22/27 | €33,904 | €31,411 | -€2,493 | -7.4% |
| Plant, machinery and equipment | 23 | €10,309 | €7,909 | -€2,400 | -23.3% |
| Other tangible fixed assets | 26 | €23,595 | €23,502 | -€93 | -0.4% |
| Current assets | 29/58 | €144,735 | €129,171 | -€15,564 | -10.8% |
| Stocks and contracts in progress | 3 | €16,946 | €11,823 | -€5,123 | -30.2% |
| Stocks | 30/36 | €16,946 | €11,823 | -€5,123 | -30.2% |
| Amounts receivable within one year | 40/41 | €46,163 | €45,751 | -€411 | -0.9% |
| Trade receivables | 40 | €42,641 | €38,569 | -€4,072 | -9.5% |
| Other amounts receivable | 41 | €3,522 | €7,182 | +€3,660 | +104% |
| Cash at bank and in hand | 54/58 | €62,441 | €64,411 | +€1,970 | +3.2% |
| Deferred charges and accrued income | 490/1 | €19,185 | €7,186 | -€12,000 | -62.5% |
| Total equity and liabilities | 10/49 | €178,639 | €160,582 | -€18,057 | -10.1% |
| Equity | 10/15 | €68,561 | €35,301 | -€33,260 | -48.5% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | €48,101 | €16,701 | -€31,400 | -65.3% |
| Distributable reserves | 133 | €48,101 | €16,701 | -€31,400 | -65.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €110,078 | €125,281 | +€15,204 | +13.8% |
| Amounts payable within one year | 42/48 | €110,078 | €125,281 | +€15,204 | +13.8% |
| Financial debts | 43 | €4 | €2 | -€2 | -50.0% |
| Credit institutions | 430/8 | €4 | €2 | -€2 | -50.0% |
| Trade debts | 44 | €2,299 | €1,927 | -€372 | -16.2% |
| Suppliers | 440/4 | €2,299 | €1,927 | -€372 | -16.2% |
| Taxes, remuneration and social security | 45 | €19,723 | €18,114 | -€1,610 | -8.2% |
| Taxes | 450/3 | €19,723 | €18,114 | -€1,610 | -8.2% |
| Other amounts payable | 47/48 | €88,051 | €105,238 | +€17,187 | +19.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,155 | €5,993 | +€839 | +16.3% |
| Other operating charges | 640/8 | €245 | €635 | +€390 | +159% |
| Gross operating margin | 9900 | €106,147 | €112,052 | +€5,905 | +5.6% |
| Operating profit (loss) | 9901 | €100,747 | €105,424 | +€4,677 | +4.6% |
| Financial income | 75/76B | €3,183 | €2,756 | -€428 | -13.4% |
| Recurring financial income | 75 | €3,183 | €2,756 | -€428 | -13.4% |
| Financial charges | 65/66B | €443 | €461 | +€18 | +4.1% |
| Recurring financial charges | 65 | €443 | €461 | +€18 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €103,488 | €107,719 | +€4,231 | +4.1% |
| Income taxes | 67/77 | €21,766 | €22,979 | +€1,213 | +5.6% |
| Profit (loss) for the period | 9904 | €81,722 | €84,740 | +€3,018 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,722 | €84,740 | +€3,018 | +3.7% |
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 25 October 2026 via checked.be.