PRECISION: 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.
PRECISION
Largest movements
- Receivables within one year -€40,664
down €40,664 (-86.4%), from €47,083 to €6,419
of which Other amounts receivable: -€39,221
- Profit (loss) carried forward -€59,358
down €59,358 (-33.7%), from €176,153 to €116,794
- Other operating charges +€4,856
up €4,856 (+20.8%), from €23,389 to €28,245
- Depreciation +€2,107
up €2,107 (+4.2%), from €50,570 to €52,678
- Financial charges -€315
down €315 (-7.4%), from €4,273 to €3,958
- Gross operating margin +€263
up €263 (+1.0%), from €25,259 to €25,522
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 | €1,555,701 | €1,502,352 | -€53,349 | -3.4% |
| Fixed assets | 21/28 | €1,471,983 | €1,466,512 | -€5,471 | -0.4% |
| Tangible fixed assets | 22/27 | €1,471,983 | €1,466,512 | -€5,471 | -0.4% |
| Land and buildings | 22 | €1,471,983 | €1,466,512 | -€5,471 | -0.4% |
| Current assets | 29/58 | €83,718 | €35,840 | -€47,878 | -57.2% |
| Stocks and contracts in progress | 3 | €15,025 | €15,025 | = | 0.0% |
| Stocks | 30/36 | €15,025 | €15,025 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,083 | €6,419 | -€40,664 | -86.4% |
| Trade receivables | 40 | €2,048 | €605 | -€1,443 | -70.5% |
| Other amounts receivable | 41 | €45,035 | €5,814 | -€39,221 | -87.1% |
| Cash at bank and in hand | 54/58 | €18,981 | €13,184 | -€5,797 | -30.5% |
| Deferred charges and accrued income | 490/1 | €2,629 | €1,212 | -€1,417 | -53.9% |
| Total equity and liabilities | 10/49 | €1,555,701 | €1,502,352 | -€53,349 | -3.4% |
| Equity | 10/15 | €278,314 | €218,955 | -€59,358 | -21.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €2,161 | €2,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €302 | €302 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,153 | €116,794 | -€59,358 | -33.7% |
| Amounts payable | 17/49 | €1,277,388 | €1,283,397 | +€6,009 | +0.5% |
| Amounts payable within one year | 42/48 | €1,273,705 | €1,275,113 | +€1,408 | +0.1% |
| Financial debts | 43 | €1,225,000 | €1,225,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,225,000 | €1,225,000 | = | 0.0% |
| Trade debts | 44 | €4,224 | €5,888 | +€1,664 | +39.4% |
| Suppliers | 440/4 | €4,224 | €5,888 | +€1,664 | +39.4% |
| Taxes, remuneration and social security | 45 | €256 | - | -€256 | |
| Taxes | 450/3 | €256 | - | -€256 | |
| Other amounts payable | 47/48 | €44,225 | €44,225 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,683 | €8,284 | +€4,601 | +124.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,570 | €52,678 | +€2,107 | +4.2% |
| Other operating charges | 640/8 | €23,389 | €28,245 | +€4,856 | +20.8% |
| Gross operating margin | 9900 | €25,259 | €25,522 | +€263 | +1.0% |
| Operating profit (loss) | 9901 | -€48,701 | -€55,401 | -€6,700 | -13.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,273 | €3,958 | -€315 | -7.4% |
| Recurring financial charges | 65 | €4,273 | €3,958 | -€315 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€52,973 | -€59,358 | -€6,385 | -12.1% |
| Profit (loss) for the period | 9904 | -€52,973 | -€59,358 | -€6,385 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,973 | -€59,358 | -€6,385 | -12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.