PRAESTUS: what changed
Two fiscal 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.
PRAESTUS
Largest movements
- Receivables within one year +€33,174
up €33,174 (+300.5%), from €11,040 to €44,214
of which Other amounts receivable: +€42,563
- Tangible fixed assets -€3,879
down €3,879 (-39.3%), from €9,871 to €5,993
- Cash +€3,049
up €3,049 (+8.6%), from €35,645 to €38,694
mainly Other debts (+€32,000) and Net result for the year (+€25,526)
- Other debts +€32,000
new in 2025: €32,000
- Tax, wage and social debts +€8,132
up €8,132 (+19360.9%), from €42 to €8,174
- Profit (loss) carried forward -€6,474
down €6,474 (-12.0%), from €53,803 to €47,329
- Trade debts -€1,104
down €1,104 (-80.9%), from €1,365 to €261
- Gross operating margin +€45,710
up €45,710, from -€6,698 to €39,012
- Taxes +€8,086
up €8,086 (+4193.4%), from €193 to €8,279
- Other operating charges +€792
up €792 (+745.3%), from €106 to €898
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.
Cash bridge derived
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 | €57,210 | €89,764 | +€32,554 | +56.9% |
| Fixed assets | 21/28 | €9,871 | €5,993 | -€3,879 | -39.3% |
| Tangible fixed assets | 22/27 | €9,871 | €5,993 | -€3,879 | -39.3% |
| Furniture and vehicles | 24 | €9,871 | €5,993 | -€3,879 | -39.3% |
| Current assets | 29/58 | €47,338 | €83,771 | +€36,433 | +77.0% |
| Amounts receivable within one year | 40/41 | €11,040 | €44,214 | +€33,174 | +300.5% |
| Trade receivables | 40 | €9,860 | €471 | -€9,389 | -95.2% |
| Other amounts receivable | 41 | €1,180 | €43,743 | +€42,563 | +3608.1% |
| Cash at bank and in hand | 54/58 | €35,645 | €38,694 | +€3,049 | +8.6% |
| Deferred charges and accrued income | 490/1 | €654 | €863 | +€209 | +32.0% |
| Total equity and liabilities | 10/49 | €57,210 | €89,764 | +€32,554 | +56.9% |
| Equity | 10/15 | €55,803 | €49,329 | -€6,474 | -11.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,803 | €47,329 | -€6,474 | -12.0% |
| Amounts payable | 17/49 | €1,407 | €40,435 | +€39,028 | +2774.2% |
| Amounts payable within one year | 42/48 | €1,407 | €40,435 | +€39,028 | +2774.2% |
| Trade debts | 44 | €1,365 | €261 | -€1,104 | -80.9% |
| Suppliers | 440/4 | €1,365 | €261 | -€1,104 | -80.9% |
| Taxes, remuneration and social security | 45 | €42 | €8,174 | +€8,132 | +19360.9% |
| Taxes | 450/3 | €42 | €8,174 | +€8,132 | +19360.9% |
| Other amounts payable | 47/48 | - | €32,000 | +€32,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,137 | €3,879 | -€259 | -6.3% |
| Other operating charges | 640/8 | €106 | €898 | +€792 | +745.3% |
| Gross operating margin | 9900 | -€6,698 | €39,012 | +€45,710 | |
| Operating profit (loss) | 9901 | -€10,941 | €34,235 | +€45,177 | |
| Financial charges | 65/66B | €168 | €430 | +€262 | +156.0% |
| Recurring financial charges | 65 | €168 | €180 | +€12 | +7.2% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | -€11,110 | €33,805 | +€44,914 | |
| Income taxes | 67/77 | €193 | €8,279 | +€8,086 | +4193.4% |
| Profit (loss) for the period | 9904 | -€11,302 | €25,526 | +€36,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,302 | €25,526 | +€36,828 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.