PREGO: 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.
PREGO
Largest movements
- Cash +€98,567
up €98,567 (+93.6%), from €105,257 to €203,824
mainly Receivables within one year (+€91,221) and Depreciation (+€76,390)
- Receivables within one year -€91,221
down €91,221 (-21.7%), from €421,275 to €330,054
of which Other amounts receivable: -€107,233
- Deferred charges and accrued income +€41,946
up €41,946, from €0 to €41,946
- Tangible fixed assets -€22,933
down €22,933 (-7.9%), from €292,078 to €269,145
of which Other tangible fixed assets: -€23,768
- Other debts -€114,570
down €114,570 (-94.2%), from €121,572 to €7,003
- Reserves +€63,589
up €63,589 (+28.8%), from €220,592 to €284,181
of which Distributable reserves: +€63,589
- Trade debts +€52,462
up €52,462 (+31.1%), from €168,569 to €221,031
- Tax, wage and social debts +€24,303
up €24,303 (+21.2%), from €114,553 to €138,856
of which Remuneration and social security: +€19,496
- Debts after one year -€16,647
down €16,647 (-10.7%), from €156,199 to €139,553
- Gross operating margin +€208,316
up €208,316 (+17.3%), from €1.2m to €1.4m
- Staff costs +€205,711
up €205,711 (+19.9%), from €1.0m to €1.2m
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 | €877,123 | €889,240 | +€12,117 | +1.4% |
| Fixed assets | 21/28 | €298,636 | €269,145 | -€29,491 | -9.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €292,078 | €269,145 | -€22,933 | -7.9% |
| Plant, machinery and equipment | 23 | €166,252 | €179,618 | +€13,366 | +8.0% |
| Furniture and vehicles | 24 | €29,453 | €16,922 | -€12,531 | -42.5% |
| Other tangible fixed assets | 26 | €96,373 | €72,605 | -€23,768 | -24.7% |
| Financial fixed assets | 28 | €6,558 | €0 | -€6,558 | -100.0% |
| Current assets | 29/58 | €578,487 | €620,095 | +€41,608 | +7.2% |
| Stocks and contracts in progress | 3 | €51,954 | €44,271 | -€7,683 | -14.8% |
| Stocks | 30/36 | €51,954 | €44,271 | -€7,683 | -14.8% |
| Amounts receivable within one year | 40/41 | €421,275 | €330,054 | -€91,221 | -21.7% |
| Trade receivables | 40 | €311,753 | €327,765 | +€16,012 | +5.1% |
| Other amounts receivable | 41 | €109,522 | €2,289 | -€107,233 | -97.9% |
| Cash at bank and in hand | 54/58 | €105,257 | €203,824 | +€98,567 | +93.6% |
| Deferred charges and accrued income | 490/1 | €0 | €41,946 | +€41,946 | |
| Total equity and liabilities | 10/49 | €877,123 | €889,240 | +€12,117 | +1.4% |
| Equity | 10/15 | €251,052 | €314,641 | +€63,589 | +25.3% |
| Contributions | 10/11 | €30,460 | €30,460 | = | 0.0% |
| Reserves | 13 | €220,592 | €284,181 | +€63,589 | +28.8% |
| Tax-exempt reserves | 132 | €74,307 | €74,307 | = | 0.0% |
| Distributable reserves | 133 | €146,285 | €209,874 | +€63,589 | +43.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €626,071 | €574,599 | -€51,472 | -8.2% |
| Amounts payable after more than one year | 17 | €156,199 | €139,553 | -€16,647 | -10.7% |
| Financial debts | 170/4 | €156,199 | €139,553 | -€16,647 | -10.7% |
| Amounts payable within one year | 42/48 | €469,872 | €435,046 | -€34,825 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €65,178 | €68,157 | +€2,979 | +4.6% |
| Trade debts | 44 | €168,569 | €221,031 | +€52,462 | +31.1% |
| Suppliers | 440/4 | €168,569 | €221,031 | +€52,462 | +31.1% |
| Taxes, remuneration and social security | 45 | €114,553 | €138,856 | +€24,303 | +21.2% |
| Taxes | 450/3 | €6,000 | €10,807 | +€4,807 | +80.1% |
| Remuneration and social security | 454/9 | €108,552 | €128,048 | +€19,496 | +18.0% |
| Other amounts payable | 47/48 | €121,572 | €7,003 | -€114,570 | -94.2% |
| Remuneration, social security and pensions | 62 | €1,034,883 | €1,240,594 | +€205,711 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,853 | €76,390 | +€8,537 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,180 | -€28 | -€1,208 | |
| Other operating charges | 640/8 | €3,228 | €5,298 | +€2,070 | +64.1% |
| Gross operating margin | 9900 | €1,205,620 | €1,413,936 | +€208,316 | +17.3% |
| Operating profit (loss) | 9901 | €98,475 | €91,682 | -€6,793 | -6.9% |
| Financial income | 75/76B | €20,565 | €15,417 | -€5,148 | -25.0% |
| Recurring financial income | 75 | €20,565 | €15,417 | -€5,148 | -25.0% |
| Financial charges | 65/66B | €10,653 | €12,865 | +€2,212 | +20.8% |
| Recurring financial charges | 65 | €10,653 | €12,865 | +€2,212 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €108,387 | €94,234 | -€14,153 | -13.1% |
| Income taxes | 67/77 | €25,761 | €30,645 | +€4,884 | +19.0% |
| Profit (loss) for the period | 9904 | €82,626 | €63,589 | -€19,037 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,626 | €63,589 | -€19,037 | -23.0% |
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 7 October 2026 via checked.be.