PRECIBALL: 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.
What changed
PRECIBALL
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.1m
2024 · €2.1m-€1,670
Equity
€5.7m
2024 · €5.6m+€103,368
Cash
€3.1m
2024 · €2.3m+€802,180
Balance sheet total
€9.9m
2024 · €10.1m-€157,498
Largest movements
Assets
- Current investments -€1.5m
down €1.5m (-98.9%), from €1.5m to €16,401
- Cash +€802,180
up €802,180 (+34.6%), from €2.3m to €3.1m
mainly Net result for the year (+€2.1m) and Current investments (+€1.5m)
- Receivables within one year +€402,868
up €402,868 (+18.7%), from €2.2m to €2.6m
of which Other amounts receivable: +€953,868
- Stocks and contracts +€134,430
up €134,430 (+3.3%), from €4.1m to €4.2m
Equity and liabilities
- Reserves +€421,000
up €421,000 (+19.0%), from €2.2m to €2.6m
of which Tax-exempt reserves: +€421,000
- Profit (loss) carried forward -€317,632
down €317,632 (-9.6%), from €3.3m to €3.0m
- Trade debts -€243,794
down €243,794 (-13.6%), from €1.8m to €1.5m
Income statement
- Turnover -€725,825
down €725,825 (-5.6%), from €12.9m to €12.2m
- Goods and materials -€552,045
down €552,045 (-7.5%), from €7.3m to €6.8m
of which Change in stocks: decrease (increase): -€564,669
- Services and other goods -€262,115
down €262,115 (-14.8%), from €1.8m to €1.5m
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.
Result 2024
€2.1m
Turnover
-€725,825
Other operating income
+€14,297
Goods and materials
+€552,045
Services and other goods
+€262,115
Staff costs
-€125,057
Depreciation
+€49,384
Write-downs
+€1,157
Other operating charges
-€2,476
Financial income
+€46,551
Financial charges
-€77,251
Taxes
+€3,389
Result 2025
€2.1m
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
+€1.5m
Financing
-€2.0m
Cash 2024
€2.3m
From operations (derived)
+€1.3m
Net result for the year
+€2.1m
Stocks and contracts
-€134,430
Receivables within one year
-€402,868
Deferred charges and accrued income
+€735
Trade debts
-€243,794
Tax, wage and social debts
+€77,836
Advances received
-€12,000
Other debts
-€49,854
Accrued charges and deferred income
-€33,054
Investment (derived)
+€1.5m
Investment in fixed assets (net)
-€3,467
Current investments
+€1.5m
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2025
€3.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,091,701 | €9,934,204 | -€157,498 | -1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €3,467 | +€3,467 | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | - | €3,467 | +€3,467 | |
| Plant, machinery and equipment | 23 | - | €3,467 | +€3,467 | |
| Current assets | 29/58 | €10,091,701 | €9,930,737 | -€160,964 | -1.6% |
| Stocks and contracts in progress | 3 | €4,093,728 | €4,228,158 | +€134,430 | +3.3% |
| Stocks | 30/36 | €4,093,728 | €4,228,158 | +€134,430 | +3.3% |
| Goods purchased for resale | 34 | €4,093,728 | €4,228,158 | +€134,430 | +3.3% |
| Amounts receivable within one year | 40/41 | €2,159,582 | €2,562,451 | +€402,868 | +18.7% |
| Trade receivables | 40 | €2,071,693 | €1,520,693 | -€551,000 | -26.6% |
| Other amounts receivable | 41 | €87,889 | €1,041,758 | +€953,868 | +1,085% |
| Current investments | 50/53 | €1,516,108 | €16,401 | -€1.5m | -98.9% |
| Other investments | 51/53 | €1,516,108 | €16,401 | -€1.5m | -98.9% |
| Cash at bank and in hand | 54/58 | €2,321,405 | €3,123,585 | +€802,180 | +34.6% |
| Deferred charges and accrued income | 490/1 | €878 | €143 | -€735 | -83.7% |
| Total equity and liabilities | 10/49 | €10,091,701 | €9,934,204 | -€157,498 | -1.6% |
| Equity | 10/15 | €5,602,980 | €5,706,348 | +€103,368 | +1.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €2,220,800 | €2,641,800 | +€421,000 | +19.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €631,500 | €1,052,500 | +€421,000 | +66.7% |
| Distributable reserves | 133 | €1,582,800 | €1,582,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,317,180 | €2,999,548 | -€317,632 | -9.6% |
| Amounts payable | 17/49 | €4,488,721 | €4,227,856 | -€260,866 | -5.8% |
| Amounts payable within one year | 42/48 | €4,402,510 | €4,174,699 | -€227,812 | -5.2% |
| Trade debts | 44 | €1,793,475 | €1,549,681 | -€243,794 | -13.6% |
| Suppliers | 440/4 | €1,793,475 | €1,549,681 | -€243,794 | -13.6% |
| Advances received on contracts in progress | 46 | €65,335 | €53,336 | -€12,000 | -18.4% |
| Taxes, remuneration and social security | 45 | €393,700 | €471,536 | +€77,836 | +19.8% |
| Taxes | 450/3 | €125,944 | €167,857 | +€41,913 | +33.3% |
| Remuneration and social security | 454/9 | €267,757 | €303,679 | +€35,922 | +13.4% |
| Other amounts payable | 47/48 | €2,150,000 | €2,100,146 | -€49,854 | -2.3% |
| Accrued charges and deferred income | 492/3 | €86,211 | €53,157 | -€33,054 | -38.3% |
| Operating income | 70/76A | €13,031,791 | €12,320,263 | -€711,528 | -5.5% |
| Turnover | 70 | €12,904,141 | €12,178,316 | -€725,825 | -5.6% |
| Other operating income | 74 | €127,650 | €141,947 | +€14,297 | +11.2% |
| Operating charges | 60/66A | €10,171,885 | €9,434,716 | -€737,169 | -7.2% |
| Goods for resale, raw materials and consumables | 60 | €7,343,522 | €6,791,476 | -€552,045 | -7.5% |
| Purchases | 600/8 | €6,913,283 | €6,925,906 | +€12,623 | +0.2% |
| Change in stocks: decrease (increase) | 609 | €430,239 | -€134,430 | -€564,669 | |
| Services and other goods | 61 | €1,770,137 | €1,508,022 | -€262,115 | -14.8% |
| Remuneration, social security and pensions | 62 | €1,006,535 | €1,131,592 | +€125,057 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,384 | - | -€49,384 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,157 | - | -€1,157 | |
| Other operating charges | 640/8 | €1,150 | €3,626 | +€2,476 | +215% |
| Operating profit (loss) | 9901 | €2,859,906 | €2,885,547 | +€25,641 | +0.9% |
| Financial income | 75/76B | €50,893 | €97,444 | +€46,551 | +91.5% |
| Recurring financial income | 75 | €50,893 | €97,444 | +€46,551 | +91.5% |
| Income from current assets | 751 | €18,299 | €11,524 | -€6,775 | -37.0% |
| Other financial income | 752/9 | €32,594 | €85,920 | +€53,326 | +164% |
| Financial charges | 65/66B | €102,965 | €180,217 | +€77,251 | +75.0% |
| Recurring financial charges | 65 | €102,965 | €180,217 | +€77,251 | +75.0% |
| Other financial charges | 652/9 | €102,965 | €180,217 | +€77,251 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | €2,807,834 | €2,802,774 | -€5,060 | -0.2% |
| Income taxes | 67/77 | €702,796 | €699,406 | -€3,389 | -0.5% |
| Taxes | 670/3 | €704,029 | €706,295 | +€2,266 | +0.3% |
| Tax adjustments and reversals of tax provisions | 77 | €1,233 | €6,889 | +€5,656 | +459% |
| Profit (loss) for the period | 9904 | €2,105,038 | €2,103,368 | -€1,670 | -0.1% |
| Transfer from tax-exempt reserves | 789 | €336,800 | - | -€336,800 | |
| Transfer to tax-exempt reserves | 689 | €631,500 | €421,000 | -€210,500 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,810,338 | €1,682,368 | -€127,970 | -7.1% |
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 14 October 2026 via checked.be.