PRAEMIUM: 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.
PRAEMIUM
Largest movements
- Tangible fixed assets +€291,920
up €291,920 (+25.5%), from €1.1m to €1.4m
of which Land and buildings: +€291,920
- Current investments -€250,000
down €250,000 (-31.3%), from €800,000 to €550,000
- Cash -€124,948
down €124,948 (-87.0%), from €143,568 to €18,620
mainly Investment in fixed assets (net) (-€295,000) and Current portion of long-term debt (-€76,800)
- Current portion of long-term debt -€76,800
down €76,800 (-100%), from €76,800 to €0
- Other operating charges +€35,244
up €35,244 (+583%), from €6,044 to €41,288
- Depreciation -€13,516
down €13,516 (-81.4%), from €16,596 to €3,080
- Gross operating margin -€12,798
down €12,798 (-54.1%), from €23,664 to €10,866
- Financial income +€10,712
up €10,712 (+94.2%), from €11,371 to €22,083
- Taxes -€2,803
down €2,803 (-96.1%), from €2,918 to €115
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 | €2,160,507 | €2,083,574 | -€76,934 | -3.6% |
| Fixed assets | 21/28 | €1,144,642 | €1,436,562 | +€291,920 | +25.5% |
| Tangible fixed assets | 22/27 | €1,144,642 | €1,436,562 | +€291,920 | +25.5% |
| Land and buildings | 22 | €1,144,642 | €1,436,562 | +€291,920 | +25.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,015,866 | €647,012 | -€368,854 | -36.3% |
| Amounts receivable within one year | 40/41 | €72,297 | €78,392 | +€6,094 | +8.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €72,297 | €78,392 | +€6,094 | +8.4% |
| Current investments | 50/53 | €800,000 | €550,000 | -€250,000 | -31.3% |
| Cash at bank and in hand | 54/58 | €143,568 | €18,620 | -€124,948 | -87.0% |
| Total equity and liabilities | 10/49 | €2,160,507 | €2,083,574 | -€76,934 | -3.6% |
| Equity | 10/15 | €1,546,000 | €1,530,661 | -€15,338 | -1.0% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €1,533,592 | €1,518,253 | -€15,338 | -1.0% |
| Non-distributable reserves | 130/1 | €181,319 | €181,319 | = | 0.0% |
| Reserves not available under the articles | 1311 | €181,319 | €181,319 | = | 0.0% |
| Tax-exempt reserves | 132 | €19 | €19 | = | 0.0% |
| Distributable reserves | 133 | €1,352,254 | €1,336,915 | -€15,338 | -1.1% |
| Amounts payable | 17/49 | €614,507 | €552,912 | -€61,595 | -10.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €614,507 | €552,912 | -€61,595 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €76,800 | €0 | -€76,800 | -100% |
| Trade debts | 44 | €793 | €635 | -€158 | -19.9% |
| Suppliers | 440/4 | €793 | €635 | -€158 | -19.9% |
| Other amounts payable | 47/48 | €536,914 | €552,277 | +€15,363 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,596 | €3,080 | -€13,516 | -81.4% |
| Other operating charges | 640/8 | €6,044 | €41,288 | +€35,244 | +583% |
| Gross operating margin | 9900 | €23,664 | €10,866 | -€12,798 | -54.1% |
| Operating profit (loss) | 9901 | €1,024 | -€33,503 | -€34,526 | |
| Financial income | 75/76B | €11,371 | €22,083 | +€10,712 | +94.2% |
| Recurring financial income | 75 | €11,371 | €22,083 | +€10,712 | +94.2% |
| Financial charges | 65/66B | €5,611 | €3,804 | -€1,808 | -32.2% |
| Recurring financial charges | 65 | €5,611 | €3,804 | -€1,808 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €6,783 | -€15,224 | -€22,007 | |
| Income taxes | 67/77 | €2,918 | €115 | -€2,803 | -96.1% |
| Profit (loss) for the period | 9904 | €3,865 | -€15,338 | -€19,203 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,865 | -€15,338 | -€19,203 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.