PRELASCO: 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.
PRELASCO
Largest movements
- Tangible fixed assets -€14,467
down €14,467 (-27.0%), from €53,595 to €39,128
of which Furniture and vehicles: -€11,325
- Receivables within one year +€3,986
up €3,986 (+13.8%), from €28,871 to €32,858
of which Other amounts receivable: +€15,802
- Deferred charges and accrued income -€1,997
down €1,997 (-61.6%), from €3,242 to €1,245
- Stocks and contracts -€1,304
down €1,304 (-8.9%), from €14,635 to €13,331
- Short-term financial debts -€7,023
no longer reported in 2025 (was €7,023)
- Trade debts +€6,555
up €6,555 (+105%), from €6,227 to €12,782
- Debts after one year -€5,816
down €5,816 (-74.5%), from €7,807 to €1,991
- Tax, wage and social debts -€3,907
down €3,907 (-31.4%), from €12,454 to €8,546
- Profit (loss) carried forward -€2,817
new in 2025: -€2,817
- Gross operating margin -€36,539
down €36,539 (-66.6%), from €54,888 to €18,348
- Taxes -€10,487
down €10,487 (-94.7%), from €11,072 to €585
- Depreciation +€3,290
up €3,290 (+25.9%), from €12,689 to €15,979
- Financial charges +€1,160
up €1,160 (+82.7%), from €1,403 to €2,564
- Financial income +€591
up €591 (+349%), from €170 to €761
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,353 | €88,572 | -€13,781 | -13.5% |
| Fixed assets | 21/28 | €55,605 | €41,138 | -€14,467 | -26.0% |
| Tangible fixed assets | 22/27 | €53,595 | €39,128 | -€14,467 | -27.0% |
| Land and buildings | 22 | €360 | - | -€360 | |
| Plant, machinery and equipment | 23 | €6,221 | €3,439 | -€2,782 | -44.7% |
| Furniture and vehicles | 24 | €47,014 | €35,689 | -€11,325 | -24.1% |
| Financial fixed assets | 28 | €2,010 | €2,010 | = | 0.0% |
| Current assets | 29/58 | €46,748 | €47,434 | +€686 | +1.5% |
| Stocks and contracts in progress | 3 | €14,635 | €13,331 | -€1,304 | -8.9% |
| Stocks | 30/36 | €14,635 | €13,331 | -€1,304 | -8.9% |
| Amounts receivable within one year | 40/41 | €28,871 | €32,858 | +€3,986 | +13.8% |
| Trade receivables | 40 | €23,676 | €11,860 | -€11,816 | -49.9% |
| Other amounts receivable | 41 | €5,195 | €20,997 | +€15,802 | +304% |
| Deferred charges and accrued income | 490/1 | €3,242 | €1,245 | -€1,997 | -61.6% |
| Total equity and liabilities | 10/49 | €102,353 | €88,572 | -€13,781 | -13.5% |
| Equity | 10/15 | €62,254 | €59,437 | -€2,817 | -4.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €37,254 | €37,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €34,754 | €34,754 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,817 | -€2,817 | |
| Amounts payable | 17/49 | €40,100 | €29,135 | -€10,964 | -27.3% |
| Amounts payable after more than one year | 17 | €7,807 | €1,991 | -€5,816 | -74.5% |
| Financial debts | 170/4 | €7,807 | €1,991 | -€5,816 | -74.5% |
| Amounts payable within one year | 42/48 | €32,292 | €27,144 | -€5,148 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €6,589 | €5,816 | -€773 | -11.7% |
| Financial debts | 43 | €7,023 | - | -€7,023 | |
| Credit institutions | 430/8 | €7,023 | - | -€7,023 | |
| Trade debts | 44 | €6,227 | €12,782 | +€6,555 | +105% |
| Suppliers | 440/4 | €6,227 | €12,782 | +€6,555 | +105% |
| Taxes, remuneration and social security | 45 | €12,454 | €8,546 | -€3,907 | -31.4% |
| Taxes | 450/3 | €12,454 | €8,546 | -€3,907 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,689 | €15,979 | +€3,290 | +25.9% |
| Other operating charges | 640/8 | €2,450 | €2,799 | +€349 | +14.2% |
| Gross operating margin | 9900 | €54,888 | €18,348 | -€36,539 | -66.6% |
| Operating profit (loss) | 9901 | €39,749 | -€430 | -€40,179 | |
| Financial income | 75/76B | €170 | €761 | +€591 | +349% |
| Recurring financial income | 75 | €170 | €761 | +€591 | +349% |
| Financial charges | 65/66B | €1,403 | €2,564 | +€1,160 | +82.7% |
| Recurring financial charges | 65 | €1,403 | €2,564 | +€1,160 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €38,515 | -€2,233 | -€40,747 | |
| Income taxes | 67/77 | €11,072 | €585 | -€10,487 | -94.7% |
| Profit (loss) for the period | 9904 | €27,443 | -€2,817 | -€30,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,443 | -€2,817 | -€30,260 |
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 27 October 2026 via checked.be.