PREBECO: 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.
PREBECO
Largest movements
- Receivables within one year -€39,758
down €39,758 (-11.1%), from €357,089 to €317,331
of which Other amounts receivable: -€49,928
- Cash +€15,115
up €15,115 (+3.7%), from €410,591 to €425,706
mainly Net result for the year (+€423,802) and Trade debts (+€54,488)
- Current portion of long-term debt -€62,300
down €62,300 (-48.0%), from €129,732 to €67,431
- Trade debts +€54,488
up €54,488 (+86.3%), from €63,110 to €117,598
- Debts after one year -€38,905
down €38,905 (-11.0%), from €352,343 to €313,437
- Reserves +€23,802
up €23,802 (+6.5%), from €363,604 to €387,406
- Tax, wage and social debts -€16,495
down €16,495 (-14.1%), from €116,693 to €100,198
of which Remuneration and social security: -€8,667
- Staff costs +€121,533
up €121,533 (+24.2%), from €501,466 to €622,999
- Gross operating margin +€41,138
up €41,138 (+3.3%), from €1.2m to €1.3m
- Taxes -€19,694
down €19,694 (-11.2%), from €175,160 to €155,466
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 | €1,449,392 | €1,405,070 | -€44,322 | -3.1% |
| Fixed assets | 21/28 | €670,769 | €656,589 | -€14,180 | -2.1% |
| Tangible fixed assets | 22/27 | €670,769 | €656,589 | -€14,180 | -2.1% |
| Land and buildings | 22 | €561,048 | €543,721 | -€17,327 | -3.1% |
| Plant, machinery and equipment | 23 | €9,833 | €6,314 | -€3,518 | -35.8% |
| Furniture and vehicles | 24 | €32,393 | €52,698 | +€20,305 | +62.7% |
| Other tangible fixed assets | 26 | €67,496 | €53,855 | -€13,640 | -20.2% |
| Current assets | 29/58 | €778,623 | €748,481 | -€30,142 | -3.9% |
| Amounts receivable within one year | 40/41 | €357,089 | €317,331 | -€39,758 | -11.1% |
| Trade receivables | 40 | €225,343 | €235,513 | +€10,170 | +4.5% |
| Other amounts receivable | 41 | €131,746 | €81,818 | -€49,928 | -37.9% |
| Cash at bank and in hand | 54/58 | €410,591 | €425,706 | +€15,115 | +3.7% |
| Deferred charges and accrued income | 490/1 | €10,943 | €5,445 | -€5,499 | -50.2% |
| Total equity and liabilities | 10/49 | €1,449,392 | €1,405,070 | -€44,322 | -3.1% |
| Equity | 10/15 | €382,604 | €406,406 | +€23,802 | +6.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €363,604 | €387,406 | +€23,802 | +6.5% |
| Distributable reserves | 133 | €363,604 | €387,406 | +€23,802 | +6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,066,789 | €998,665 | -€68,124 | -6.4% |
| Amounts payable after more than one year | 17 | €352,343 | €313,437 | -€38,905 | -11.0% |
| Financial debts | 170/4 | €352,343 | €313,437 | -€38,905 | -11.0% |
| Amounts payable within one year | 42/48 | €714,446 | €685,227 | -€29,219 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €129,732 | €67,431 | -€62,300 | -48.0% |
| Trade debts | 44 | €63,110 | €117,598 | +€54,488 | +86.3% |
| Suppliers | 440/4 | €63,110 | €117,598 | +€54,488 | +86.3% |
| Taxes, remuneration and social security | 45 | €116,693 | €100,198 | -€16,495 | -14.1% |
| Taxes | 450/3 | €46,331 | €38,502 | -€7,829 | -16.9% |
| Remuneration and social security | 454/9 | €70,362 | €61,696 | -€8,667 | -12.3% |
| Other amounts payable | 47/48 | €404,912 | €400,000 | -€4,912 | -1.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €501,466 | €622,999 | +€121,533 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,420 | €51,423 | +€2,004 | +4.1% |
| Other operating charges | 640/8 | €7,629 | €5,049 | -€2,581 | -33.8% |
| Non-recurring operating charges | 66A | - | €1,987 | +€1,987 | |
| Gross operating margin | 9900 | €1,231,878 | €1,273,016 | +€41,138 | +3.3% |
| Operating profit (loss) | 9901 | €673,363 | €591,558 | -€81,805 | -12.1% |
| Financial income | 75/76B | €2,464 | €849 | -€1,615 | -65.5% |
| Recurring financial income | 75 | €2,464 | €849 | -€1,615 | -65.5% |
| Financial charges | 65/66B | €14,561 | €13,139 | -€1,422 | -9.8% |
| Recurring financial charges | 65 | €14,561 | €13,139 | -€1,422 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €661,267 | €579,268 | -€81,998 | -12.4% |
| Income taxes | 67/77 | €175,160 | €155,466 | -€19,694 | -11.2% |
| Profit (loss) for the period | 9904 | €486,106 | €423,802 | -€62,304 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €486,106 | €423,802 | -€62,304 | -12.8% |
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 10 October 2026 via checked.be.