PREFINA: 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.
PREFINA
Largest movements
- Financial fixed assets -€436,000
down €436,000 (-32.8%), from €1.3m to €895,132
- Receivables after one year -€360,760
down €360,760 (-39.8%), from €905,369 to €544,608
- Receivables within one year -€74,256
down €74,256 (-19.9%), from €373,213 to €298,958
of which Other amounts receivable: -€66,929
- Cash +€69,516
up €69,516 (+75.6%), from €91,994 to €161,510
mainly Investment in fixed assets (net) (+€436,000) and Receivables after one year (+€360,760)
- Debts after one year -€959,780
no longer reported in 2025 (was €959,780)
- Profit (loss) carried forward +€226,051
up €226,051 (+1980.5%), from €11,414 to €237,464
- Accrued charges and deferred income -€73,978
down €73,978 (-47.3%), from €156,508 to €82,530
- Financial income +€202,266
up €202,266 (+363.7%), from €55,609 to €257,875
of which Non-recurring financial income: +€207,090
- Write-downs -€26,536
no longer reported in 2025 (was €26,536)
- Gross operating margin +€5,158
up €5,158 (+17.5%), from -€29,464 to -€24,306
- Financial charges +€1,290
up €1,290 (+668.9%), from €193 to €1,483
of which Financial charges: +€1,033
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 | €2,773,444 | €1,971,944 | -€801,500 | -28.9% |
| Fixed assets | 21/28 | €1,331,132 | €895,132 | -€436,000 | -32.8% |
| Financial fixed assets | 28 | €1,331,132 | €895,132 | -€436,000 | -32.8% |
| Current assets | 29/58 | €1,442,311 | €1,076,811 | -€365,500 | -25.3% |
| Amounts receivable after more than one year | 29 | €905,369 | €544,608 | -€360,760 | -39.8% |
| Other amounts receivable | 291 | €905,369 | €544,608 | -€360,760 | -39.8% |
| Stocks and contracts in progress | 3 | €71,736 | €71,736 | = | 0.0% |
| Stocks | 30/36 | €71,736 | €71,736 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €373,213 | €298,958 | -€74,256 | -19.9% |
| Trade receivables | 40 | €80,676 | €73,350 | -€7,327 | -9.1% |
| Other amounts receivable | 41 | €292,537 | €225,608 | -€66,929 | -22.9% |
| Cash at bank and in hand | 54/58 | €91,994 | €161,510 | +€69,516 | +75.6% |
| Total equity and liabilities | 10/49 | €2,773,444 | €1,971,944 | -€801,500 | -28.9% |
| Equity | 10/15 | €1,656,682 | €1,882,733 | +€226,051 | +13.6% |
| Contributions | 10/11 | €1,041,153 | €1,041,153 | = | 0.0% |
| Capital | 10 | €1,041,153 | €1,041,153 | = | 0.0% |
| Issued capital | 100 | €1,041,153 | €1,041,153 | = | 0.0% |
| Reserves | 13 | €604,115 | €604,115 | = | 0.0% |
| Non-distributable reserves | 130/1 | €104,115 | €104,115 | = | 0.0% |
| Legal reserve | 130 | €104,115 | €104,115 | = | 0.0% |
| Distributable reserves | 133 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,414 | €237,464 | +€226,051 | +1980.5% |
| Amounts payable | 17/49 | €1,116,762 | €89,211 | -€1.0m | -92.0% |
| Amounts payable after more than one year | 17 | €959,780 | - | -€959,780 | |
| Other amounts payable | 178/9 | €959,780 | - | -€959,780 | |
| Amounts payable within one year | 42/48 | €474 | €6,681 | +€6,207 | +1309.5% |
| Taxes, remuneration and social security | 45 | €474 | €501 | +€27 | +5.8% |
| Taxes | 450/3 | €474 | €501 | +€27 | +5.8% |
| Other amounts payable | 47/48 | - | €6,180 | +€6,180 | |
| Accrued charges and deferred income | 492/3 | €156,508 | €82,530 | -€73,978 | -47.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,536 | - | -€26,536 | |
| Other operating charges | 640/8 | €5,745 | €5,533 | -€212 | -3.7% |
| Gross operating margin | 9900 | -€29,464 | -€24,306 | +€5,158 | +17.5% |
| Operating profit (loss) | 9901 | -€61,745 | -€29,839 | +€31,906 | +51.7% |
| Financial income | 75/76B | €55,609 | €257,875 | +€202,266 | +363.7% |
| Recurring financial income | 75 | €55,609 | €50,785 | -€4,824 | -8.7% |
| Non-recurring financial income | 76B | - | €207,090 | +€207,090 | |
| Financial charges | 65/66B | €193 | €1,483 | +€1,290 | +668.9% |
| Recurring financial charges | 65 | €193 | €1,226 | +€1,033 | +535.5% |
| Non-recurring financial charges | 66B | €193 | €257 | +€64 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,329 | €226,552 | +€232,881 | |
| Income taxes | 67/77 | €474 | €501 | +€27 | +5.8% |
| Profit (loss) for the period | 9904 | -€6,803 | €226,051 | +€232,854 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,803 | €226,051 | +€232,854 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.