Precisiewerk: 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.
Precisiewerk
Largest movements
- Stocks and contracts +€47,838
up €47,838 (+13.0%), from €368,101 to €415,939
- Receivables within one year -€19,493
down €19,493 (-39.1%), from €49,896 to €30,403
of which Trade receivables: -€11,086
- Other debts +€67,200
up €67,200 (+67.4%), from €99,728 to €166,929
- Profit (loss) carried forward -€31,388
down €31,388 (-32.5%), from -€96,572 to -€127,960
- Short-term financial debts -€6,008
down €6,008 (-1.7%), from €353,308 to €347,300
- Current portion of long-term debt -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin +€34,686
up €34,686 (+85.9%), from -€40,359 to -€5,673
- Write-downs -€23,293
no longer reported in 2025 (was €23,293)
- Other operating charges -€12,106
down €12,106 (-99.5%), from €12,168 to €62
- Financial charges +€5,588
up €5,588 (+32.6%), from €17,134 to €22,722
of which Financial charges: +€14,615
- Depreciation -€725
down €725 (-19.8%), from €3,657 to €2,932
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,466 | €452,494 | +€25,028 | +5.9% |
| Fixed assets | 21/28 | €9,083 | €6,151 | -€2,932 | -32.3% |
| Tangible fixed assets | 22/27 | €9,083 | €6,151 | -€2,932 | -32.3% |
| Land and buildings | 22 | €7,342 | €4,773 | -€2,568 | -35.0% |
| Plant, machinery and equipment | 23 | €1,741 | €1,378 | -€364 | -20.9% |
| Current assets | 29/58 | €418,382 | €446,343 | +€27,960 | +6.7% |
| Stocks and contracts in progress | 3 | €368,101 | €415,939 | +€47,838 | +13.0% |
| Stocks | 30/36 | €368,101 | €415,939 | +€47,838 | +13.0% |
| Amounts receivable within one year | 40/41 | €49,896 | €30,403 | -€19,493 | -39.1% |
| Trade receivables | 40 | €15,978 | €4,891 | -€11,086 | -69.4% |
| Other amounts receivable | 41 | €33,918 | €25,512 | -€8,406 | -24.8% |
| Deferred charges and accrued income | 490/1 | €385 | - | -€385 | |
| Total equity and liabilities | 10/49 | €427,466 | €452,494 | +€25,028 | +5.9% |
| Equity | 10/15 | -€62,567 | -€93,955 | -€31,388 | -50.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,405 | €15,405 | = | 0.0% |
| Distributable reserves | 133 | €15,405 | €15,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,572 | -€127,960 | -€31,388 | -32.5% |
| Amounts payable | 17/49 | €490,033 | €546,449 | +€56,417 | +11.5% |
| Amounts payable within one year | 42/48 | €490,033 | €546,396 | +€56,364 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | - | -€5,000 | |
| Financial debts | 43 | €353,308 | €347,300 | -€6,008 | -1.7% |
| Credit institutions | 430/8 | €353,308 | €347,300 | -€6,008 | -1.7% |
| Trade debts | 44 | €31,996 | €32,168 | +€171 | +0.5% |
| Suppliers | 440/4 | €31,996 | €32,168 | +€171 | +0.5% |
| Other amounts payable | 47/48 | €99,728 | €166,929 | +€67,200 | +67.4% |
| Accrued charges and deferred income | 492/3 | - | €53 | +€53 | |
| Remuneration, social security and pensions | 62 | -€37 | - | +€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,657 | €2,932 | -€725 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,293 | - | -€23,293 | |
| Other operating charges | 640/8 | €12,168 | €62 | -€12,106 | -99.5% |
| Gross operating margin | 9900 | -€40,359 | -€5,673 | +€34,686 | +85.9% |
| Operating profit (loss) | 9901 | -€79,439 | -€8,667 | +€70,772 | +89.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €17,134 | €22,722 | +€5,588 | +32.6% |
| Recurring financial charges | 65 | €8,107 | €22,722 | +€14,615 | +180% |
| Non-recurring financial charges | 66B | €9,027 | - | -€9,027 | |
| Profit (loss) for the period before taxes | 9903 | -€96,572 | -€31,388 | +€65,183 | +67.5% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€96,572 | -€31,388 | +€65,183 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,572 | -€31,388 | +€65,183 | +67.5% |
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 26 October 2026 via checked.be.