PREFISO: 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.
PREFISO
Largest movements
- Tangible fixed assets -€157,957
down €157,957 (-35.3%), from €447,818 to €289,861
of which Land and buildings: -€159,708
- Cash +€139,296
up €139,296 (+1,073%), from €12,986 to €152,282
mainly Investment in fixed assets (net) (+€141,163) and Net result for the year (+€111,265)
- Other debts -€61,500
down €61,500 (-100.0%), from €61,525 to €25
- Trade debts +€29,648
up €29,648 (+3,187%), from €930 to €30,579
- Reserves +€21,763
up €21,763 (+6.3%), from €343,154 to €364,917
- Tax, wage and social debts -€7,037
down €7,037 (-12.7%), from €55,233 to €48,195
- Taxes +€28,775
up €28,775 (+148%), from €19,420 to €48,195
- Gross operating margin +€15,820
up €15,820 (+9.9%), from €159,898 to €175,718
- Depreciation -€5,989
down €5,989 (-26.3%), from €22,783 to €16,795
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 | €462,842 | €445,716 | -€17,126 | -3.7% |
| Fixed assets | 21/28 | €447,818 | €289,861 | -€157,957 | -35.3% |
| Tangible fixed assets | 22/27 | €447,818 | €289,861 | -€157,957 | -35.3% |
| Land and buildings | 22 | €440,288 | €280,579 | -€159,708 | -36.3% |
| Plant, machinery and equipment | 23 | €7,530 | €9,281 | +€1,751 | +23.3% |
| Current assets | 29/58 | €15,024 | €155,855 | +€140,831 | +937% |
| Amounts receivable within one year | 40/41 | €2,038 | €3,573 | +€1,535 | +75.3% |
| Trade receivables | 40 | €1,815 | €2,723 | +€908 | +50.0% |
| Other amounts receivable | 41 | €223 | €851 | +€628 | +281% |
| Cash at bank and in hand | 54/58 | €12,986 | €152,282 | +€139,296 | +1,073% |
| Total equity and liabilities | 10/49 | €462,842 | €445,716 | -€17,126 | -3.7% |
| Equity | 10/15 | €345,154 | €366,917 | +€21,763 | +6.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €343,154 | €364,917 | +€21,763 | +6.3% |
| Distributable reserves | 133 | €343,154 | €364,917 | +€21,763 | +6.3% |
| Amounts payable | 17/49 | €117,688 | €78,799 | -€38,889 | -33.0% |
| Amounts payable within one year | 42/48 | €117,688 | €78,799 | -€38,889 | -33.0% |
| Trade debts | 44 | €930 | €30,579 | +€29,648 | +3,187% |
| Suppliers | 440/4 | €930 | €30,579 | +€29,648 | +3,187% |
| Taxes, remuneration and social security | 45 | €55,233 | €48,195 | -€7,037 | -12.7% |
| Taxes | 450/3 | €55,233 | €48,195 | -€7,037 | -12.7% |
| Other amounts payable | 47/48 | €61,525 | €25 | -€61,500 | -100.0% |
| Non-recurring operating income | 76A | - | €203,237 | +€203,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,783 | €16,795 | -€5,989 | -26.3% |
| Other operating charges | 640/8 | €80 | €62 | -€18 | -22.2% |
| Gross operating margin | 9900 | €159,898 | €175,718 | +€15,820 | +9.9% |
| Operating profit (loss) | 9901 | €137,035 | €158,862 | +€21,827 | +15.9% |
| Financial income | 75/76B | - | €733 | +€733 | |
| Recurring financial income | 75 | - | €733 | +€733 | |
| Financial charges | 65/66B | €122 | €135 | +€13 | +10.9% |
| Recurring financial charges | 65 | €122 | €135 | +€13 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €136,913 | €159,460 | +€22,547 | +16.5% |
| Income taxes | 67/77 | €19,420 | €48,195 | +€28,775 | +148% |
| Profit (loss) for the period | 9904 | €117,493 | €111,265 | -€6,229 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,493 | €111,265 | -€6,229 | -5.3% |
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 18 October 2026 via checked.be.