PRECURA: 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.
PRECURA
Largest movements
- Cash +€48,821
up €48,821 (+21.4%), from €228,007 to €276,828
mainly Net result for the year (+€24,220) and Trade debts (+€18,047)
- Receivables within one year -€8,381
down €8,381 (-23.9%), from €35,113 to €26,731
of which Other amounts receivable: -€8,569
- Reserves +€24,220
up €24,220 (+10.6%), from €229,014 to €253,234
of which Distributable reserves: +€24,220
- Trade debts +€18,047
up €18,047 (+382.1%), from €4,723 to €22,770
- Gross operating margin +€23,898
up €23,898 (+117.1%), from €20,401 to €44,298
- Taxes +€5,744
up €5,744 (+146.5%), from €3,921 to €9,665
- Other operating charges +€3,330
up €3,330 (+241.7%), from €1,378 to €4,708
- Financial charges -€1,489
down €1,489 (-74.7%), from €1,993 to €505
- Depreciation -€899
down €899 (-14.7%), from €6,099 to €5,200
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 | €277,095 | €317,895 | +€40,799 | +14.7% |
| Fixed assets | 21/28 | €11,156 | €11,650 | +€494 | +4.4% |
| Intangible fixed assets | 21 | €256 | €0 | -€256 | -100.0% |
| Tangible fixed assets | 22/27 | €10,899 | €11,650 | +€750 | +6.9% |
| Plant, machinery and equipment | 23 | €5,589 | €9,020 | +€3,430 | +61.4% |
| Furniture and vehicles | 24 | €5,310 | €2,630 | -€2,680 | -50.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €265,940 | €306,245 | +€40,305 | +15.2% |
| Amounts receivable within one year | 40/41 | €35,113 | €26,731 | -€8,381 | -23.9% |
| Trade receivables | 40 | €130 | €318 | +€187 | +143.5% |
| Other amounts receivable | 41 | €34,982 | €26,413 | -€8,569 | -24.5% |
| Cash at bank and in hand | 54/58 | €228,007 | €276,828 | +€48,821 | +21.4% |
| Deferred charges and accrued income | 490/1 | €2,820 | €2,686 | -€135 | -4.8% |
| Total equity and liabilities | 10/49 | €277,095 | €317,895 | +€40,799 | +14.7% |
| Equity | 10/15 | €231,493 | €255,713 | +€24,220 | +10.5% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €229,014 | €253,234 | +€24,220 | +10.6% |
| Non-distributable reserves | 130/1 | €248 | €248 | = | 0.0% |
| Reserves not available under the articles | 1311 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €228,766 | €252,987 | +€24,220 | +10.6% |
| Amounts payable | 17/49 | €45,602 | €62,181 | +€16,579 | +36.4% |
| Amounts payable within one year | 42/48 | €45,602 | €62,181 | +€16,579 | +36.4% |
| Trade debts | 44 | €4,723 | €22,770 | +€18,047 | +382.1% |
| Suppliers | 440/4 | €4,723 | €22,770 | +€18,047 | +382.1% |
| Other amounts payable | 47/48 | €40,879 | €39,411 | -€1,468 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,099 | €5,200 | -€899 | -14.7% |
| Other operating charges | 640/8 | €1,378 | €4,708 | +€3,330 | +241.7% |
| Gross operating margin | 9900 | €20,401 | €44,298 | +€23,898 | +117.1% |
| Operating profit (loss) | 9901 | €12,923 | €34,390 | +€21,466 | +166.1% |
| Financial income | 75/76B | €10 | €1 | -€9 | -94.1% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -94.1% |
| Financial charges | 65/66B | €1,993 | €505 | -€1,489 | -74.7% |
| Recurring financial charges | 65 | €1,993 | €505 | -€1,489 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €10,940 | €33,886 | +€22,945 | +209.7% |
| Income taxes | 67/77 | €3,921 | €9,665 | +€5,744 | +146.5% |
| Profit (loss) for the period | 9904 | €7,019 | €24,220 | +€17,201 | +245.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,019 | €24,220 | +€17,201 | +245.1% |
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 3 October 2026 via checked.be.