PRECOM: 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.
What changed
PRECOM
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€122,155
2024 · €23,378+€98,777
Equity
€565,206
2024 · €443,022+€122,184
Cash
€87,290
2024 · €7,369+€79,921
Balance sheet total
€1.4m
2024 · €1.3m+€78,284
Largest movements
Assets
- Cash +€79,921
up €79,921 (+1084.5%), from €7,369 to €87,290
mainly Net result for the year (+€122,155) and Depreciation (+€35,580)
- Current investments -€22,923
down €22,923 (-4.2%), from €542,980 to €520,057
Equity and liabilities
- Reserves +€122,184
up €122,184 (+33.1%), from €368,967 to €491,151
of which Distributable reserves: +€128,147
- Debts after one year -€34,484
down €34,484 (-9.7%), from €355,906 to €321,422
Income statement
- Gross operating margin +€81,304
up €81,304 (+141.4%), from €57,509 to €138,813
- Financial income +€46,243
up €46,243 (+209.4%), from €22,089 to €68,332
- Taxes +€28,698
up €28,698 (+273.8%), from €10,480 to €39,178
- Depreciation +€5,205
up €5,205 (+17.1%), from €30,375 to €35,580
- Financial charges -€4,967
down €4,967 (-35.1%), from €14,131 to €9,164
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
€23,378
Gross operating margin
+€81,304
Depreciation
-€5,205
Other operating charges
+€113
Other operating items
+€53
Financial income
+€46,243
Financial charges
+€4,967
Taxes
-€28,698
Result 2025
€122,155
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.
From operations
+€135,045
Investment
-€21,151
Financing
-€33,973
Cash 2024
€7,369
From operations (derived)
+€135,045
Net result for the year
+€122,155
Depreciation
+€35,580
Receivables within one year
-€12,397
Deferred charges and accrued income
-€395
Provisions
-€3,071
Trade debts
-€163
Tax, wage and social debts
+€5,116
Other debts
-€10,300
Accrued charges and deferred income
-€1,481
Investment (derived)
-€21,151
Investment in fixed assets (net)
-€44,074
Current investments
+€22,923
Financing
-€33,973
Debts after one year
-€34,484
Current portion of long-term debt
+€482
Contributions, distributions and other
+€29
Cash 2025
€87,290
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,341,589 | €1,419,873 | +€78,284 | +5.8% |
| Fixed assets | 21/28 | €769,970 | €778,464 | +€8,494 | +1.1% |
| Tangible fixed assets | 22/27 | €769,970 | €778,464 | +€8,494 | +1.1% |
| Land and buildings | 22 | €751,391 | €728,330 | -€23,061 | -3.1% |
| Plant, machinery and equipment | 23 | €291 | €182 | -€109 | -37.5% |
| Furniture and vehicles | 24 | €14,941 | €47,875 | +€32,933 | +220.4% |
| Other tangible fixed assets | 26 | €3,347 | €2,078 | -€1,269 | -37.9% |
| Current assets | 29/58 | €571,619 | €641,409 | +€69,791 | +12.2% |
| Amounts receivable after more than one year | 29 | €15,500 | €15,500 | = | 0.0% |
| Other amounts receivable | 291 | €15,500 | €15,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,966 | €15,363 | +€12,397 | +418.0% |
| Trade receivables | 40 | €2,931 | €8,152 | +€5,220 | +178.1% |
| Other amounts receivable | 41 | €35 | €7,211 | +€7,177 | +20676.3% |
| Current investments | 50/53 | €542,980 | €520,057 | -€22,923 | -4.2% |
| Cash at bank and in hand | 54/58 | €7,369 | €87,290 | +€79,921 | +1084.5% |
| Deferred charges and accrued income | 490/1 | €2,804 | €3,199 | +€395 | +14.1% |
| Total equity and liabilities | 10/49 | €1,341,589 | €1,419,873 | +€78,284 | +5.8% |
| Equity | 10/15 | €443,022 | €565,206 | +€122,184 | +27.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €368,967 | €491,151 | +€122,184 | +33.1% |
| Tax-exempt reserves | 132 | €148,418 | €142,455 | -€5,963 | -4.0% |
| Distributable reserves | 133 | €220,549 | €348,696 | +€128,147 | +58.1% |
| Profit (loss) carried forward | 14 | €67,855 | €67,855 | = | 0.0% |
| Provisions and deferred taxes | 16 | €77,558 | €74,488 | -€3,071 | -4.0% |
| Deferred taxes | 168 | €77,558 | €74,488 | -€3,071 | -4.0% |
| Amounts payable | 17/49 | €821,008 | €780,179 | -€40,829 | -5.0% |
| Amounts payable after more than one year | 17 | €355,906 | €321,422 | -€34,484 | -9.7% |
| Financial debts | 170/4 | €355,906 | €321,422 | -€34,484 | -9.7% |
| Amounts payable within one year | 42/48 | €463,622 | €458,757 | -€4,865 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €34,002 | €34,484 | +€482 | +1.4% |
| Trade debts | 44 | €2,485 | €2,321 | -€163 | -6.6% |
| Suppliers | 440/4 | €2,485 | €2,321 | -€163 | -6.6% |
| Taxes, remuneration and social security | 45 | €5,252 | €10,369 | +€5,116 | +97.4% |
| Taxes | 450/3 | €4,559 | €9,204 | +€4,645 | +101.9% |
| Remuneration and social security | 454/9 | €693 | €1,165 | +€472 | +68.1% |
| Other amounts payable | 47/48 | €421,884 | €411,584 | -€10,300 | -2.4% |
| Accrued charges and deferred income | 492/3 | €1,481 | - | -€1,481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,375 | €35,580 | +€5,205 | +17.1% |
| Other operating charges | 640/8 | €4,223 | €4,109 | -€113 | -2.7% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | €57,509 | €138,813 | +€81,304 | +141.4% |
| Operating profit (loss) | 9901 | €22,859 | €99,124 | +€76,265 | +333.6% |
| Financial income | 75/76B | €22,089 | €68,332 | +€46,243 | +209.4% |
| Recurring financial income | 75 | €22,089 | €68,332 | +€46,243 | +209.4% |
| Financial charges | 65/66B | €14,131 | €9,164 | -€4,967 | -35.1% |
| Recurring financial charges | 65 | €14,131 | €9,164 | -€4,967 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €30,816 | €158,292 | +€127,475 | +413.7% |
| Transfer from deferred taxes | 780 | €3,042 | €3,042 | = | 0.0% |
| Income taxes | 67/77 | €10,480 | €39,178 | +€28,698 | +273.8% |
| Profit (loss) for the period | 9904 | €23,378 | €122,155 | +€98,777 | +422.5% |
| Transfer from tax-exempt reserves | 789 | €5,992 | €5,992 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,370 | €128,147 | +€98,777 | +336.3% |
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 28 September 2026 via checked.be.