Praeclarus: 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.
Praeclarus
Largest movements
- Cash +€26,758
up €26,758 (+1257.3%), from €2,128 to €28,886
mainly Depreciation (+€37,710) and Net result for the year (+€28,253)
- Tangible fixed assets -€22,508
down €22,508 (-20.4%), from €110,220 to €87,712
of which Leasing and similar rights: -€28,099
- Receivables within one year -€15,134
down €15,134 (-41.7%), from €36,299 to €21,165
of which Trade receivables: -€17,307
- Reserves +€29,000
up €29,000 (+54.7%), from €53,000 to €82,000
- Other debts -€13,826
down €13,826 (-56.2%), from €24,605 to €10,779
- Debts after one year -€12,866
down €12,866 (-33.1%), from €38,907 to €26,041
- Trade debts -€6,426
down €6,426 (-61.8%), from €10,403 to €3,977
- Tax, wage and social debts -€5,750
down €5,750 (-97.4%), from €5,903 to €153
- Gross operating margin +€80,889
up €80,889, from -€11,870 to €69,019
- Depreciation +€3,645
up €3,645 (+10.7%), from €34,065 to €37,710
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,961 | €140,816 | -€10,145 | -6.7% |
| Fixed assets | 21/28 | €110,220 | €87,712 | -€22,508 | -20.4% |
| Tangible fixed assets | 22/27 | €110,220 | €87,712 | -€22,508 | -20.4% |
| Plant, machinery and equipment | 23 | €4,751 | €4,290 | -€461 | -9.7% |
| Furniture and vehicles | 24 | €13,493 | €8,809 | -€4,684 | -34.7% |
| Leasing and similar rights | 25 | €79,072 | €50,973 | -€28,099 | -35.5% |
| Other tangible fixed assets | 26 | €12,904 | €23,640 | +€10,736 | +83.2% |
| Current assets | 29/58 | €40,741 | €53,104 | +€12,363 | +30.3% |
| Amounts receivable within one year | 40/41 | €36,299 | €21,165 | -€15,134 | -41.7% |
| Trade receivables | 40 | €36,299 | €18,992 | -€17,307 | -47.7% |
| Other amounts receivable | 41 | - | €2,173 | +€2,173 | |
| Cash at bank and in hand | 54/58 | €2,128 | €28,886 | +€26,758 | +1257.3% |
| Deferred charges and accrued income | 490/1 | €2,314 | €3,053 | +€740 | +32.0% |
| Total equity and liabilities | 10/49 | €150,961 | €140,816 | -€10,145 | -6.7% |
| Equity | 10/15 | €58,747 | €87,000 | +€28,253 | +48.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,000 | €82,000 | +€29,000 | +54.7% |
| Distributable reserves | 133 | €53,000 | €82,000 | +€29,000 | +54.7% |
| Profit (loss) carried forward | 14 | €747 | €0 | -€747 | -100.0% |
| Amounts payable | 17/49 | €92,214 | €53,816 | -€38,398 | -41.6% |
| Amounts payable after more than one year | 17 | €38,907 | €26,041 | -€12,866 | -33.1% |
| Financial debts | 170/4 | €38,907 | €26,041 | -€12,866 | -33.1% |
| Amounts payable within one year | 42/48 | €53,307 | €27,775 | -€25,532 | -47.9% |
| Current portion of amounts payable after more than one year | 42 | €12,395 | €12,866 | +€471 | +3.8% |
| Trade debts | 44 | €10,403 | €3,977 | -€6,426 | -61.8% |
| Suppliers | 440/4 | €10,403 | €3,977 | -€6,426 | -61.8% |
| Taxes, remuneration and social security | 45 | €5,903 | €153 | -€5,750 | -97.4% |
| Taxes | 450/3 | €5,903 | €153 | -€5,750 | -97.4% |
| Other amounts payable | 47/48 | €24,605 | €10,779 | -€13,826 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,065 | €37,710 | +€3,645 | +10.7% |
| Other operating charges | 640/8 | €1,211 | €1,116 | -€95 | -7.9% |
| Gross operating margin | 9900 | -€11,870 | €69,019 | +€80,889 | |
| Operating profit (loss) | 9901 | -€47,146 | €30,194 | +€77,340 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,260 | €1,788 | -€472 | -20.9% |
| Recurring financial charges | 65 | €2,260 | €1,788 | -€472 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€49,406 | €28,405 | +€77,812 | |
| Income taxes | 67/77 | €167 | €152 | -€15 | -8.8% |
| Profit (loss) for the period | 9904 | -€49,573 | €28,253 | +€77,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,573 | €28,253 | +€77,827 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.