PREFERENZ: 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.
PREFERENZ
Largest movements
- Receivables within one year +€43,322
up €43,322 (+196.2%), from €22,078 to €65,400
- Cash -€4,545
down €4,545 (-96.4%), from €4,716 to €171
mainly Receivables within one year (-€43,322) and Investment in fixed assets (net) (-€1,966)
- Tangible fixed assets +€1,966
new in 2025: €1,966
- Profit (loss) carried forward +€36,583
up €36,583 (+29.2%), from -€125,428 to -€88,845
- Other debts +€5,376
up €5,376 (+41.3%), from €13,009 to €18,385
- Tax, wage and social debts -€1,291
down €1,291 (-39.1%), from €3,304 to €2,012
- Gross operating margin +€33,536
up €33,536 (+1045.8%), from €3,207 to €36,743
- Other operating charges -€1,101
down €1,101 (-94.4%), from €1,167 to €66
- Financial charges -€446
down €446 (-82.6%), from €540 to €94
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 | €26,794 | €67,537 | +€40,743 | +152.1% |
| Fixed assets | 21/28 | - | €1,966 | +€1,966 | |
| Tangible fixed assets | 22/27 | - | €1,966 | +€1,966 | |
| Furniture and vehicles | 24 | - | €1,966 | +€1,966 | |
| Current assets | 29/58 | €26,794 | €65,571 | +€38,777 | +144.7% |
| Amounts receivable within one year | 40/41 | €22,078 | €65,400 | +€43,322 | +196.2% |
| Trade receivables | 40 | €22,078 | €65,400 | +€43,322 | +196.2% |
| Cash at bank and in hand | 54/58 | €4,716 | €171 | -€4,545 | -96.4% |
| Total equity and liabilities | 10/49 | €26,794 | €67,537 | +€40,743 | +152.1% |
| Equity | 10/15 | -€112,428 | -€75,845 | +€36,583 | +32.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,428 | -€88,845 | +€36,583 | +29.2% |
| Amounts payable | 17/49 | €139,222 | €143,382 | +€4,160 | +3.0% |
| Amounts payable after more than one year | 17 | €117,000 | €117,000 | = | 0.0% |
| Other amounts payable | 178/9 | €117,000 | €117,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,222 | €26,382 | +€4,160 | +18.7% |
| Trade debts | 44 | €5,910 | €5,985 | +€75 | +1.3% |
| Suppliers | 440/4 | €5,910 | €5,985 | +€75 | +1.3% |
| Taxes, remuneration and social security | 45 | €3,304 | €2,012 | -€1,291 | -39.1% |
| Taxes | 450/3 | €3,304 | €2,012 | -€1,291 | -39.1% |
| Other amounts payable | 47/48 | €13,009 | €18,385 | +€5,376 | +41.3% |
| Other operating charges | 640/8 | €1,167 | €66 | -€1,101 | -94.4% |
| Gross operating margin | 9900 | €3,207 | €36,743 | +€33,536 | +1045.8% |
| Operating profit (loss) | 9901 | €2,040 | €36,677 | +€34,637 | +1698.1% |
| Financial charges | 65/66B | €540 | €94 | -€446 | -82.6% |
| Recurring financial charges | 65 | €540 | €94 | -€446 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €1,500 | €36,583 | +€35,083 | +2338.6% |
| Profit (loss) for the period | 9904 | €1,500 | €36,583 | +€35,083 | +2338.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,500 | €36,583 | +€35,083 | +2338.6% |
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 5 October 2026 via checked.be.