PRECO: 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.
PRECO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€62,113
down €62,113 (-5.8%), from -€1.1m to -€1.1m
- Accrued charges and deferred income +€59,352
up €59,352 (+106.4%), from €55,761 to €115,113
- Financial charges -€95,524
down €95,524 (-86.8%), from €110,107 to €14,583
- Other operating charges -€20,184
down €20,184 (-30.6%), from €65,855 to €45,670
- Gross operating margin +€18,702
up €18,702 (+91.8%), from -€20,378 to -€1,676
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
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 | €1,170,969 | €1,175,098 | +€4,130 | +0.4% |
| Fixed assets | 21/28 | €75,793 | €79,186 | +€3,393 | +4.5% |
| Tangible fixed assets | 22/27 | €75,793 | €79,186 | +€3,393 | +4.5% |
| Land and buildings | 22 | €75,793 | €79,186 | +€3,393 | +4.5% |
| Current assets | 29/58 | €1,095,176 | €1,095,912 | +€736 | +0.1% |
| Stocks and contracts in progress | 3 | €643,690 | €643,690 | = | 0.0% |
| Stocks | 30/36 | €643,690 | €643,690 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €451,379 | €452,222 | +€844 | +0.2% |
| Other amounts receivable | 41 | €451,379 | €452,222 | +€844 | +0.2% |
| Deferred charges and accrued income | 490/1 | €107 | €0 | -€107 | -100.0% |
| Total equity and liabilities | 10/49 | €1,170,969 | €1,175,098 | +€4,130 | +0.4% |
| Equity | 10/15 | -€950,011 | -€1,012,124 | -€62,113 | -6.5% |
| Contributions | 10/11 | €116,000 | €116,000 | = | 0.0% |
| Outside capital | 11 | €116,000 | €116,000 | = | 0.0% |
| Other | 1109/19 | €116,000 | €116,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,066,011 | -€1,128,124 | -€62,113 | -5.8% |
| Amounts payable | 17/49 | €2,120,979 | €2,187,222 | +€66,243 | +3.1% |
| Amounts payable after more than one year | 17 | €1,214,110 | €1,216,368 | +€2,258 | +0.2% |
| Other amounts payable | 178/9 | €1,214,110 | €1,216,368 | +€2,258 | +0.2% |
| Amounts payable within one year | 42/48 | €851,108 | €855,741 | +€4,633 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €3,000 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €388,569 | €392,416 | +€3,847 | +1.0% |
| Suppliers | 440/4 | €388,569 | €392,416 | +€3,847 | +1.0% |
| Taxes, remuneration and social security | 45 | €458,740 | €459,525 | +€785 | +0.2% |
| Taxes | 450/3 | €458,740 | €459,525 | +€785 | +0.2% |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €55,761 | €115,113 | +€59,352 | +106.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €184 | +€184 | |
| Other operating charges | 640/8 | €65,855 | €45,670 | -€20,184 | -30.6% |
| Non-recurring operating charges | 66A | €950 | €0 | -€950 | -100.0% |
| Gross operating margin | 9900 | -€20,378 | -€1,676 | +€18,702 | +91.8% |
| Operating profit (loss) | 9901 | -€87,182 | -€47,530 | +€39,652 | +45.5% |
| Financial charges | 65/66B | €110,107 | €14,583 | -€95,524 | -86.8% |
| Recurring financial charges | 65 | €110,107 | €14,583 | -€95,524 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | -€197,290 | -€62,113 | +€135,176 | +68.5% |
| Profit (loss) for the period | 9904 | -€197,290 | -€62,113 | +€135,176 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€197,290 | -€62,113 | +€135,176 | +68.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.