PRE CALA: 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.
PRE CALA
Largest movements
- Receivables within one year -€94,341
down €94,341 (-38.1%), from €247,414 to €153,073
of which Trade receivables: -€106,748
- Cash -€37,634
down €37,634 (-46.1%), from €81,612 to €43,978
mainly Trade debts (-€87,448) and Tax, wage and social debts (-€39,750)
- Tangible fixed assets -€13,065
down €13,065 (-27.3%), from €47,780 to €34,715
of which Furniture and vehicles: -€10,439
- Trade debts -€87,448
down €87,448 (-83.4%), from €104,815 to €17,367
- Tax, wage and social debts -€39,750
down €39,750 (-69.5%), from €57,217 to €17,467
of which Taxes: -€31,490
- Profit (loss) carried forward -€23,217
down €23,217 (-13.8%), from €168,809 to €145,592
- Current portion of long-term debt +€8,628
up €8,628 (+340%), from €2,541 to €11,168
- Gross operating margin -€154,925
down €154,925 (-90.6%), from €170,966 to €16,040
- Staff costs -€38,430
down €38,430 (-75.4%), from €51,000 to €12,569
- Taxes -€24,685
down €24,685, from €23,410 to -€1,275
- Depreciation -€3,972
down €3,972 (-17.7%), from €22,434 to €18,462
- Other operating charges +€1,900
up €1,900 (+99.2%), from €1,915 to €3,815
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 | €387,616 | €242,955 | -€144,661 | -37.3% |
| Fixed assets | 21/28 | €48,430 | €35,365 | -€13,065 | -27.0% |
| Tangible fixed assets | 22/27 | €47,780 | €34,715 | -€13,065 | -27.3% |
| Land and buildings | 22 | €1,238 | €872 | -€366 | -29.5% |
| Plant, machinery and equipment | 23 | €20,425 | €18,164 | -€2,260 | -11.1% |
| Furniture and vehicles | 24 | €26,118 | €15,679 | -€10,439 | -40.0% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €339,186 | €207,590 | -€131,596 | -38.8% |
| Stocks and contracts in progress | 3 | €3,655 | €2,031 | -€1,624 | -44.4% |
| Stocks | 30/36 | €3,655 | €2,031 | -€1,624 | -44.4% |
| Amounts receivable within one year | 40/41 | €247,414 | €153,073 | -€94,341 | -38.1% |
| Trade receivables | 40 | €245,231 | €138,483 | -€106,748 | -43.5% |
| Other amounts receivable | 41 | €2,183 | €14,590 | +€12,407 | +568% |
| Cash at bank and in hand | 54/58 | €81,612 | €43,978 | -€37,634 | -46.1% |
| Deferred charges and accrued income | 490/1 | €6,505 | €8,508 | +€2,003 | +30.8% |
| Total equity and liabilities | 10/49 | €387,616 | €242,955 | -€144,661 | -37.3% |
| Equity | 10/15 | €216,869 | €193,652 | -€23,217 | -10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,860 | €41,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,809 | €145,592 | -€23,217 | -13.8% |
| Amounts payable | 17/49 | €170,747 | €49,303 | -€121,444 | -71.1% |
| Amounts payable after more than one year | 17 | €2,874 | - | -€2,874 | |
| Financial debts | 170/4 | €2,874 | - | -€2,874 | |
| Amounts payable within one year | 42/48 | €164,573 | €46,003 | -€118,570 | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €2,541 | €11,168 | +€8,628 | +340% |
| Trade debts | 44 | €104,815 | €17,367 | -€87,448 | -83.4% |
| Suppliers | 440/4 | €104,815 | €17,367 | -€87,448 | -83.4% |
| Taxes, remuneration and social security | 45 | €57,217 | €17,467 | -€39,750 | -69.5% |
| Taxes | 450/3 | €48,558 | €17,067 | -€31,490 | -64.9% |
| Remuneration and social security | 454/9 | €8,659 | €400 | -€8,259 | -95.4% |
| Accrued charges and deferred income | 492/3 | €3,300 | €3,300 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €51,000 | €12,569 | -€38,430 | -75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,434 | €18,462 | -€3,972 | -17.7% |
| Other operating charges | 640/8 | €1,915 | €3,815 | +€1,900 | +99.2% |
| Non-recurring operating charges | 66A | - | €4,158 | +€4,158 | |
| Gross operating margin | 9900 | €170,966 | €16,040 | -€154,925 | -90.6% |
| Operating profit (loss) | 9901 | €95,616 | -€22,964 | -€118,581 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,067 | €1,528 | -€1,539 | -50.2% |
| Recurring financial charges | 65 | €3,067 | €1,528 | -€1,539 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €92,549 | -€24,492 | -€117,042 | |
| Income taxes | 67/77 | €23,410 | -€1,275 | -€24,685 | |
| Profit (loss) for the period | 9904 | €69,139 | -€23,217 | -€92,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,139 | -€23,217 | -€92,356 |
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 17 October 2026 via checked.be.