PREDALCO: 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.
What changed
PREDALCO
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4.2m
2024 · €4.2m-€73,028
Equity
€6.0m
2024 · €4.5m+€1.4m
Cash
€1.3m
2024 · €524,553+€768,965
Balance sheet total
€19.2m
2024 · €15.6m+€3.5m
Largest movements
Assets
- Receivables within one year +€3.2m
up €3.2m (+82.7%), from €3.9m to €7.1m
of which Other amounts receivable: +€2.7m
- Cash +€768,965
up €768,965 (+147%), from €524,553 to €1.3m
mainly Net result for the year (+€4.2m) and Debts after one year (+€1.4m)
- Tangible fixed assets -€402,244
down €402,244 (-6.2%), from €6.5m to €6.1m
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+35.2%), from €4.1m to €5.5m
of which Distributable reserves: +€1.4m
- Debts after one year +€1.4m
up €1.4m (+52.6%), from €2.6m to €3.9m
- Trade debts +€834,011
up €834,011 (+69.3%), from €1.2m to €2.0m
- Short-term financial debts -€500,000
down €500,000 (-14.3%), from €3.5m to €3.0m
- Current portion of long-term debt +€496,524
up €496,524 (+90.3%), from €550,000 to €1.0m
Income statement
- Goods and materials +€1.8m
up €1.8m (+15.1%), from €11.7m to €13.5m
of which Purchases: +€1.8m
- Turnover +€1.5m
up €1.5m (+7.3%), from €20.6m to €22.1m
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
€4.2m
Turnover
+€1.5m
Other operating income
-€4,821
Goods and materials
-€1.8m
Services and other goods
-€102,603
Staff costs
+€28,824
Depreciation
+€55,293
Other operating charges
+€13,515
Other operating items
-€2,612
Financial income
+€197,334
Financial charges
+€1,140
Taxes
+€3,203
Result 2025
€4.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€2.3m
Investment
-€145,943
Financing
-€1.4m
Cash 2024
€524,553
From operations (derived)
+€2.3m
Net result for the year
+€4.2m
Depreciation
+€511,804
Stocks and contracts
-€25,378
Receivables within one year
-€3.2m
Deferred charges and accrued income
+€123,075
Trade debts
+€834,011
Tax, wage and social debts
-€6,227
Other debts
-€80,000
Investment (derived)
-€145,943
Investment in fixed assets (net)
-€145,943
Financing
-€1.4m
Debts after one year
+€1.4m
Current portion of long-term debt
+€496,524
Short-term financial debts
-€500,000
Contributions, distributions and other
-€2.7m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,633,683 | €19,169,581 | +€3.5m | +22.6% |
| Fixed assets | 21/28 | €9,598,586 | €9,232,725 | -€365,861 | -3.8% |
| Intangible fixed assets | 21 | €88,960 | €177,149 | +€88,189 | +99.1% |
| Tangible fixed assets | 22/27 | €6,501,737 | €6,099,493 | -€402,244 | -6.2% |
| Land and buildings | 22 | €5,711,313 | €5,528,245 | -€183,068 | -3.2% |
| Plant, machinery and equipment | 23 | €453,488 | €363,974 | -€89,513 | -19.7% |
| Furniture and vehicles | 24 | €336,936 | €207,273 | -€129,663 | -38.5% |
| Financial fixed assets | 28 | €3,007,889 | €2,956,083 | -€51,806 | -1.7% |
| Affiliated companies | 280/1 | €3,007,889 | €2,956,083 | -€51,806 | -1.7% |
| Participating interests | 280 | €3,007,889 | €2,956,083 | -€51,806 | -1.7% |
| Current assets | 29/58 | €6,035,097 | €9,936,857 | +€3.9m | +64.7% |
| Stocks and contracts in progress | 3 | €1,479,670 | €1,505,048 | +€25,378 | +1.7% |
| Stocks | 30/36 | €1,479,670 | €1,505,048 | +€25,378 | +1.7% |
| Goods purchased for resale | 34 | €1,479,670 | €1,505,048 | +€25,378 | +1.7% |
| Amounts receivable within one year | 40/41 | €3,906,747 | €7,137,238 | +€3.2m | +82.7% |
| Trade receivables | 40 | €2,498,883 | €3,049,053 | +€550,170 | +22.0% |
| Other amounts receivable | 41 | €1,407,864 | €4,088,185 | +€2.7m | +190% |
| Cash at bank and in hand | 54/58 | €524,553 | €1,293,518 | +€768,965 | +147% |
| Deferred charges and accrued income | 490/1 | €124,128 | €1,053 | -€123,075 | -99.2% |
| Total equity and liabilities | 10/49 | €15,633,683 | €19,169,581 | +€3.5m | +22.6% |
| Equity | 10/15 | €4,513,816 | €5,954,652 | +€1.4m | +31.9% |
| Contributions | 10/11 | €200,600 | €200,600 | = | 0.0% |
| Reserves | 13 | €4,087,830 | €5,524,770 | +€1.4m | +35.2% |
| Tax-exempt reserves | 132 | €997,770 | €997,770 | = | 0.0% |
| Distributable reserves | 133 | €3,090,060 | €4,527,000 | +€1.4m | +46.5% |
| Profit (loss) carried forward | 14 | €225,386 | €229,282 | +€3,896 | +1.7% |
| Amounts payable | 17/49 | €11,119,866 | €13,214,929 | +€2.1m | +18.8% |
| Amounts payable after more than one year | 17 | €2,566,667 | €3,917,422 | +€1.4m | +52.6% |
| Financial debts | 170/4 | €2,566,667 | €3,917,422 | +€1.4m | +52.6% |
| Credit institutions | 173 | €2,566,667 | €3,917,422 | +€1.4m | +52.6% |
| Amounts payable within one year | 42/48 | €8,553,199 | €9,297,507 | +€744,308 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €550,000 | €1,046,524 | +€496,524 | +90.3% |
| Financial debts | 43 | €3,500,000 | €3,000,000 | -€500,000 | -14.3% |
| Credit institutions | 430/8 | €3,500,000 | €3,000,000 | -€500,000 | -14.3% |
| Trade debts | 44 | €1,202,705 | €2,036,716 | +€834,011 | +69.3% |
| Suppliers | 440/4 | €1,202,705 | €2,036,716 | +€834,011 | +69.3% |
| Taxes, remuneration and social security | 45 | €402,609 | €396,383 | -€6,227 | -1.5% |
| Taxes | 450/3 | €285,032 | €287,127 | +€2,094 | +0.7% |
| Remuneration and social security | 454/9 | €117,577 | €109,256 | -€8,321 | -7.1% |
| Other amounts payable | 47/48 | €2,897,886 | €2,817,886 | -€80,000 | -2.8% |
| Operating income | 70/76A | €20,611,476 | €22,117,839 | +€1.5m | +7.3% |
| Turnover | 70 | €20,574,462 | €22,077,176 | +€1.5m | +7.3% |
| Other operating income | 74 | €36,484 | €31,663 | -€4,821 | -13.2% |
| Non-recurring operating income | 76A | €531 | €9,000 | +€8,469 | +1,595% |
| Operating charges | 60/66A | €15,286,510 | €17,067,578 | +€1.8m | +11.7% |
| Goods for resale, raw materials and consumables | 60 | €11,702,826 | €13,467,842 | +€1.8m | +15.1% |
| Purchases | 600/8 | €11,713,715 | €13,493,220 | +€1.8m | +15.2% |
| Change in stocks: decrease (increase) | 609 | -€10,889 | -€25,378 | -€14,489 | -133% |
| Services and other goods | 61 | €1,653,834 | €1,756,437 | +€102,603 | +6.2% |
| Remuneration, social security and pensions | 62 | €1,293,875 | €1,265,051 | -€28,824 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €567,098 | €511,804 | -€55,293 | -9.8% |
| Other operating charges | 640/8 | €68,877 | €55,362 | -€13,515 | -19.6% |
| Non-recurring operating charges | 66A | - | €11,081 | +€11,081 | |
| Operating profit (loss) | 9901 | €5,324,966 | €5,050,261 | -€274,706 | -5.2% |
| Financial income | 75/76B | €34,060 | €231,394 | +€197,334 | +579% |
| Recurring financial income | 75 | €34,060 | €231,394 | +€197,334 | +579% |
| Income from current assets | 751 | - | €78,000 | +€78,000 | |
| Other financial income | 752/9 | €34,060 | €153,394 | +€119,334 | +350% |
| Financial charges | 65/66B | €382,003 | €380,862 | -€1,140 | -0.3% |
| Recurring financial charges | 65 | €382,003 | €380,862 | -€1,140 | -0.3% |
| Debt charges | 650 | €227,755 | €192,878 | -€34,878 | -15.3% |
| Other financial charges | 652/9 | €154,247 | €187,985 | +€33,738 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €4,977,024 | €4,900,793 | -€76,231 | -1.5% |
| Income taxes | 67/77 | €748,160 | €744,957 | -€3,203 | -0.4% |
| Taxes | 670/3 | €748,160 | €744,957 | -€3,203 | -0.4% |
| Profit (loss) for the period | 9904 | €4,228,864 | €4,155,836 | -€73,028 | -1.7% |
| Transfer to tax-exempt reserves | 689 | €997,770 | €0 | -€997,770 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €3,231,094 | €4,155,836 | +€924,742 | +28.6% |
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 13 October 2026 via checked.be.