PRECHIM: 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.
PRECHIM
Largest movements
- Receivables within one year +€942,072
up €942,072 (+29.2%), from €3.2m to €4.2m
of which Other amounts receivable: +€991,391
- Tangible fixed assets +€380,361
up €380,361 (+29.0%), from €1.3m to €1.7m
of which Land and buildings: +€384,093
- Cash +€268,560
up €268,560 (+54.6%), from €492,246 to €760,805
mainly Net result for the year (+€3.0m) and Other debts (+€351,678)
- Reserves +€1.5m
up €1.5m (+12.3%), from €12.0m to €13.5m
of which Distributable reserves: +€1.5m
- Other debts +€351,678
up €351,678 (+20.2%), from €1.7m to €2.1m
- Financial income -€436,314
down €436,314 (-12.3%), from €3.5m to €3.1m
of which Financial income: -€521,254
- Gross operating margin +€28,386
up €28,386 (+37.7%), from -€75,369 to -€46,982
- Financial charges +€8,736
up €8,736, from -€5,733 to €3,003
- Taxes +€1,598
new in 2025: €1,598
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 | €16,480,299 | €18,132,542 | +€1.7m | +10.0% |
| Fixed assets | 21/28 | €7,309,377 | €7,689,738 | +€380,361 | +5.2% |
| Tangible fixed assets | 22/27 | €1,309,377 | €1,689,738 | +€380,361 | +29.0% |
| Land and buildings | 22 | €1,192,648 | €1,576,741 | +€384,093 | +32.2% |
| Plant, machinery and equipment | 23 | €16,479 | €12,997 | -€3,482 | -21.1% |
| Furniture and vehicles | 24 | €100,250 | €100,000 | -€250 | -0.2% |
| Financial fixed assets | 28 | €6,000,000 | €6,000,000 | = | 0.0% |
| Current assets | 29/58 | €9,170,922 | €10,442,804 | +€1.3m | +13.9% |
| Amounts receivable within one year | 40/41 | €3,229,232 | €4,171,305 | +€942,072 | +29.2% |
| Trade receivables | 40 | €741,782 | €692,463 | -€49,319 | -6.6% |
| Other amounts receivable | 41 | €2,487,450 | €3,478,842 | +€991,391 | +39.9% |
| Current investments | 50/53 | €5,443,754 | €5,504,941 | +€61,188 | +1.1% |
| Cash at bank and in hand | 54/58 | €492,246 | €760,805 | +€268,560 | +54.6% |
| Deferred charges and accrued income | 490/1 | €5,690 | €5,753 | +€63 | +1.1% |
| Total equity and liabilities | 10/49 | €16,480,299 | €18,132,542 | +€1.7m | +10.0% |
| Equity | 10/15 | €14,547,045 | €16,029,607 | +€1.5m | +10.2% |
| Contributions | 10/11 | €2,506,200 | €2,506,200 | = | 0.0% |
| Reserves | 13 | €12,040,845 | €13,523,407 | +€1.5m | +12.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €12,040,845 | €13,523,407 | +€1.5m | +12.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,933,254 | €2,102,935 | +€169,681 | +8.8% |
| Amounts payable within one year | 42/48 | €1,864,812 | €2,102,935 | +€238,124 | +12.8% |
| Trade debts | 44 | €122,382 | €8,330 | -€114,052 | -93.2% |
| Suppliers | 440/4 | €122,382 | €8,330 | -€114,052 | -93.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10 | €507 | +€498 | +5174.8% |
| Taxes | 450/3 | €10 | €507 | +€498 | +5174.8% |
| Other amounts payable | 47/48 | €1,742,420 | €2,094,098 | +€351,678 | +20.2% |
| Accrued charges and deferred income | 492/3 | €68,443 | €0 | -€68,443 | -100.0% |
| Non-recurring operating income | 76A | - | €52,422 | +€52,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,757 | €72,487 | +€729 | +1.0% |
| Other operating charges | 640/8 | €3,760 | €3,991 | +€231 | +6.2% |
| Gross operating margin | 9900 | -€75,369 | -€46,982 | +€28,386 | +37.7% |
| Operating profit (loss) | 9901 | -€150,886 | -€123,460 | +€27,426 | +18.2% |
| Financial income | 75/76B | €3,546,938 | €3,110,624 | -€436,314 | -12.3% |
| Recurring financial income | 75 | €3,546,938 | €3,025,684 | -€521,254 | -14.7% |
| Non-recurring financial income | 76B | - | €84,940 | +€84,940 | |
| Financial charges | 65/66B | -€5,733 | €3,003 | +€8,736 | |
| Recurring financial charges | 65 | -€5,733 | €3,003 | +€8,736 | |
| Profit (loss) for the period before taxes | 9903 | €3,401,785 | €2,984,160 | -€417,624 | -12.3% |
| Income taxes | 67/77 | - | €1,598 | +€1,598 | |
| Profit (loss) for the period | 9904 | €3,401,785 | €2,982,563 | -€419,222 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,401,785 | €2,982,563 | -€419,222 | -12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.