PREDICAT: 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.
PREDICAT
Largest movements
- Receivables within one year -€17,894
down €17,894 (-96.9%), from €18,474 to €579
of which Trade receivables: -€13,278
- Cash +€9,661
up €9,661 (+120%), from €8,056 to €17,716
mainly Receivables within one year (+€17,894) and Net result for the year (+€4,776)
- Deferred charges and accrued income -€3,179
down €3,179 (-100%), from €3,179 to €0
- Tangible fixed assets +€2,724
up €2,724 (+34.0%), from €8,009 to €10,733
of which Plant, machinery and equipment: +€3,357
- Financial fixed assets -€2,025
down €2,025 (-100%), from €2,025 to €0
- Trade debts -€8,695
down €8,695 (-35.8%), from €24,272 to €15,578
- Profit (loss) carried forward +€4,776
up €4,776 (+20.8%), from -€22,968 to -€18,192
- Debts after one year -€3,081
down €3,081 (-36.4%), from €8,463 to €5,382
- Tax, wage and social debts -€2,380
down €2,380 (-13.4%), from €17,801 to €15,421
of which Remuneration and social security: -€9,544
- Other debts -€1,212
down €1,212 (-15.2%), from €7,972 to €6,760
- Gross operating margin -€15,214
down €15,214 (-28.4%), from €53,602 to €38,387
- Staff costs -€8,243
down €8,243 (-22.8%), from €36,156 to €27,914
- Financial charges +€1,022
up €1,022 (+45.9%), from €2,227 to €3,249
- Depreciation -€785
down €785 (-27.6%), from €2,843 to €2,058
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,742 | €29,028 | -€10,713 | -27.0% |
| Fixed assets | 21/28 | €10,034 | €10,733 | +€699 | +7.0% |
| Tangible fixed assets | 22/27 | €8,009 | €10,733 | +€2,724 | +34.0% |
| Plant, machinery and equipment | 23 | - | €3,357 | +€3,357 | |
| Furniture and vehicles | 24 | €2,700 | €1,190 | -€1,509 | -55.9% |
| Other tangible fixed assets | 26 | €5,309 | €6,186 | +€877 | +16.5% |
| Financial fixed assets | 28 | €2,025 | €0 | -€2,025 | -100% |
| Current assets | 29/58 | €29,708 | €18,296 | -€11,413 | -38.4% |
| Amounts receivable within one year | 40/41 | €18,474 | €579 | -€17,894 | -96.9% |
| Trade receivables | 40 | €13,278 | €0 | -€13,278 | -100% |
| Other amounts receivable | 41 | €5,196 | €579 | -€4,617 | -88.9% |
| Cash at bank and in hand | 54/58 | €8,056 | €17,716 | +€9,661 | +120% |
| Deferred charges and accrued income | 490/1 | €3,179 | €0 | -€3,179 | -100% |
| Total equity and liabilities | 10/49 | €39,742 | €29,028 | -€10,713 | -27.0% |
| Equity | 10/15 | -€21,968 | -€17,192 | +€4,776 | +21.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,968 | -€18,192 | +€4,776 | +20.8% |
| Amounts payable | 17/49 | €61,710 | €46,221 | -€15,489 | -25.1% |
| Amounts payable after more than one year | 17 | €8,463 | €5,382 | -€3,081 | -36.4% |
| Financial debts | 170/4 | €8,463 | €5,382 | -€3,081 | -36.4% |
| Amounts payable within one year | 42/48 | €52,897 | €40,839 | -€12,058 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €2,852 | €3,081 | +€229 | +8.0% |
| Trade debts | 44 | €24,272 | €15,578 | -€8,695 | -35.8% |
| Suppliers | 440/4 | €24,272 | €15,578 | -€8,695 | -35.8% |
| Taxes, remuneration and social security | 45 | €17,801 | €15,421 | -€2,380 | -13.4% |
| Taxes | 450/3 | €363 | €7,527 | +€7,165 | +1,976% |
| Remuneration and social security | 454/9 | €17,438 | €7,893 | -€9,544 | -54.7% |
| Other amounts payable | 47/48 | €7,972 | €6,760 | -€1,212 | -15.2% |
| Accrued charges and deferred income | 492/3 | €350 | €0 | -€350 | -100% |
| Non-recurring operating income | 76A | - | €7,790 | +€7,790 | |
| Remuneration, social security and pensions | 62 | €36,156 | €27,914 | -€8,243 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,843 | €2,058 | -€785 | -27.6% |
| Other operating charges | 640/8 | €673 | €230 | -€442 | -65.8% |
| Non-recurring operating charges | 66A | €1,936 | €0 | -€1,936 | -100% |
| Gross operating margin | 9900 | €53,602 | €38,387 | -€15,214 | -28.4% |
| Operating profit (loss) | 9901 | €11,995 | €8,185 | -€3,809 | -31.8% |
| Financial income | 75/76B | €9 | €6 | -€3 | -37.2% |
| Recurring financial income | 75 | €9 | €6 | -€3 | -37.2% |
| Financial charges | 65/66B | €2,227 | €3,249 | +€1,022 | +45.9% |
| Recurring financial charges | 65 | €2,227 | €3,249 | +€1,022 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €9,777 | €4,942 | -€4,835 | -49.5% |
| Income taxes | 67/77 | €225 | €166 | -€58 | -26.0% |
| Profit (loss) for the period | 9904 | €9,552 | €4,776 | -€4,776 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,552 | €4,776 | -€4,776 | -50.0% |
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 20 October 2026 via checked.be.