PREDA CONSTRUCT: 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.
PREDA CONSTRUCT
Largest movements
- Receivables within one year -€253,538
down €253,538 (-30.2%), from €840,375 to €586,837
of which Trade receivables: -€206,366
- Cash +€106,210
up €106,210 (+31.9%), from €333,076 to €439,286
mainly Receivables within one year (+€253,538) and Other debts (+€145,073)
- Trade debts -€364,942
down €364,942 (-39.0%), from €936,049 to €571,107
- Other debts +€145,073
up €145,073 (+191.3%), from €75,831 to €220,904
- Profit (loss) carried forward +€57,736
up €57,736 (+22.6%), from €255,973 to €313,708
- Gross operating margin +€101,137
up €101,137 (+53.5%), from €189,196 to €290,333
- Staff costs +€28,388
up €28,388 (+32.4%), from €87,557 to €115,945
- Depreciation +€26,066
up €26,066 (+51.5%), from €50,572 to €76,638
- Write-downs -€19,344
down €19,344 (-77.9%), from €24,842 to €5,498
- Taxes +€10,304
up €10,304 (+221.1%), from €4,660 to €14,964
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 | €1,463,052 | €1,308,749 | -€154,303 | -10.5% |
| Fixed assets | 21/28 | €256,643 | €268,464 | +€11,821 | +4.6% |
| Tangible fixed assets | 22/27 | €256,643 | €268,464 | +€11,821 | +4.6% |
| Plant, machinery and equipment | 23 | €10,403 | €10,953 | +€550 | +5.3% |
| Furniture and vehicles | 24 | €213,283 | €234,722 | +€21,439 | +10.1% |
| Leasing and similar rights | 25 | €32,957 | €22,789 | -€10,169 | -30.9% |
| Current assets | 29/58 | €1,206,409 | €1,040,285 | -€166,124 | -13.8% |
| Stocks and contracts in progress | 3 | €17,700 | €8,780 | -€8,920 | -50.4% |
| Stocks | 30/36 | €17,700 | €8,780 | -€8,920 | -50.4% |
| Amounts receivable within one year | 40/41 | €840,375 | €586,837 | -€253,538 | -30.2% |
| Trade receivables | 40 | €611,976 | €405,610 | -€206,366 | -33.7% |
| Other amounts receivable | 41 | €228,400 | €181,228 | -€47,172 | -20.7% |
| Cash at bank and in hand | 54/58 | €333,076 | €439,286 | +€106,210 | +31.9% |
| Deferred charges and accrued income | 490/1 | €15,258 | €5,382 | -€9,876 | -64.7% |
| Total equity and liabilities | 10/49 | €1,463,052 | €1,308,749 | -€154,303 | -10.5% |
| Equity | 10/15 | €276,433 | €334,168 | +€57,736 | +20.9% |
| Reserves | 13 | €20,460 | €20,460 | = | 0.0% |
| Distributable reserves | 133 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,973 | €313,708 | +€57,736 | +22.6% |
| Amounts payable | 17/49 | €1,186,619 | €974,581 | -€212,039 | -17.9% |
| Amounts payable after more than one year | 17 | €102,167 | €112,595 | +€10,428 | +10.2% |
| Financial debts | 170/4 | €102,167 | €112,595 | +€10,428 | +10.2% |
| Amounts payable within one year | 42/48 | €1,077,294 | €859,312 | -€217,982 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €37,663 | €46,341 | +€8,678 | +23.0% |
| Financial debts | 43 | €5,144 | - | -€5,144 | |
| Credit institutions | 430/8 | €5,144 | - | -€5,144 | |
| Trade debts | 44 | €936,049 | €571,107 | -€364,942 | -39.0% |
| Suppliers | 440/4 | €936,049 | €571,107 | -€364,942 | -39.0% |
| Taxes, remuneration and social security | 45 | €22,607 | €20,960 | -€1,648 | -7.3% |
| Remuneration and social security | 454/9 | €22,607 | €20,960 | -€1,648 | -7.3% |
| Other amounts payable | 47/48 | €75,831 | €220,904 | +€145,073 | +191.3% |
| Accrued charges and deferred income | 492/3 | €7,158 | €2,674 | -€4,484 | -62.6% |
| Remuneration, social security and pensions | 62 | €87,557 | €115,945 | +€28,388 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,572 | €76,638 | +€26,066 | +51.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,842 | €5,498 | -€19,344 | -77.9% |
| Other operating charges | 640/8 | €1,552 | €1,766 | +€214 | +13.8% |
| Gross operating margin | 9900 | €189,196 | €290,333 | +€101,137 | +53.5% |
| Operating profit (loss) | 9901 | €24,673 | €90,487 | +€65,813 | +266.7% |
| Financial income | 75/76B | €6,750 | €1,008 | -€5,742 | -85.1% |
| Recurring financial income | 75 | €6,750 | €1,008 | -€5,742 | -85.1% |
| Financial charges | 65/66B | €5,826 | €6,794 | +€968 | +16.6% |
| Recurring financial charges | 65 | €5,826 | €6,794 | +€968 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €25,597 | €84,700 | +€59,103 | +230.9% |
| Income taxes | 67/77 | €4,660 | €14,964 | +€10,304 | +221.1% |
| Profit (loss) for the period | 9904 | €20,937 | €69,736 | +€48,799 | +233.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,937 | €69,736 | +€48,799 | +233.1% |
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 10 October 2026 via checked.be.