PRELEK: 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.
PRELEK
Largest movements
- Current investments +€75,044
up €75,044 (+50.0%), from €149,956 to €225,000
- Cash +€17,479
up €17,479 (+13.0%), from €134,227 to €151,706
mainly Net result for the year (+€59,685) and Trade debts (+€13,192)
- Deferred charges and accrued income -€10,121
down €10,121 (-99.4%), from €10,184 to €62
- Tangible fixed assets -€7,523
down €7,523 (-62.3%), from €12,070 to €4,547
of which Furniture and vehicles: -€6,362
- Receivables within one year -€6,119
down €6,119 (-58.1%), from €10,532 to €4,413
of which Trade receivables: -€4,793
- Reserves +€58,852
up €58,852 (+30.5%), from €193,004 to €251,856
- Other debts -€20,510
down €20,510 (-23.8%), from €86,148 to €65,638
- Trade debts +€13,192
up €13,192 (+69.2%), from €19,064 to €32,256
- Tax, wage and social debts +€12,364
up €12,364 (+100.1%), from €12,353 to €24,717
of which Taxes: +€14,017
- Gross operating margin +€10,892
up €10,892 (+13.5%), from €80,859 to €91,752
- Financial income +€3,853
up €3,853 (+151.5%), from €2,543 to €6,396
- Taxes +€3,699
up €3,699 (+19.7%), from €18,787 to €22,487
- Financial charges +€1,281
up €1,281 (+47.1%), from €2,721 to €4,001
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 | €331,750 | €396,987 | +€65,237 | +19.7% |
| Fixed assets | 21/28 | €12,089 | €4,565 | -€7,523 | -62.2% |
| Tangible fixed assets | 22/27 | €12,070 | €4,547 | -€7,523 | -62.3% |
| Plant, machinery and equipment | 23 | €1,804 | €2,931 | +€1,126 | +62.4% |
| Furniture and vehicles | 24 | €6,362 | €0 | -€6,362 | -100.0% |
| Other tangible fixed assets | 26 | €3,904 | €1,616 | -€2,288 | -58.6% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €319,661 | €392,422 | +€72,761 | +22.8% |
| Stocks and contracts in progress | 3 | €14,762 | €11,240 | -€3,522 | -23.9% |
| Stocks | 30/36 | €14,762 | €11,240 | -€3,522 | -23.9% |
| Amounts receivable within one year | 40/41 | €10,532 | €4,413 | -€6,119 | -58.1% |
| Trade receivables | 40 | €6,360 | €1,567 | -€4,793 | -75.4% |
| Other amounts receivable | 41 | €4,172 | €2,846 | -€1,326 | -31.8% |
| Current investments | 50/53 | €149,956 | €225,000 | +€75,044 | +50.0% |
| Cash at bank and in hand | 54/58 | €134,227 | €151,706 | +€17,479 | +13.0% |
| Deferred charges and accrued income | 490/1 | €10,184 | €62 | -€10,121 | -99.4% |
| Total equity and liabilities | 10/49 | €331,750 | €396,987 | +€65,237 | +19.7% |
| Equity | 10/15 | €211,604 | €270,456 | +€58,852 | +27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €193,004 | €251,856 | +€58,852 | +30.5% |
| Distributable reserves | 133 | €193,004 | €251,856 | +€58,852 | +30.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €120,146 | €126,531 | +€6,385 | +5.3% |
| Amounts payable within one year | 42/48 | €117,565 | €122,611 | +€5,046 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €19,064 | €32,256 | +€13,192 | +69.2% |
| Suppliers | 440/4 | €19,064 | €32,256 | +€13,192 | +69.2% |
| Taxes, remuneration and social security | 45 | €12,353 | €24,717 | +€12,364 | +100.1% |
| Taxes | 450/3 | €8,469 | €22,487 | +€14,017 | +165.5% |
| Remuneration and social security | 454/9 | €3,884 | €2,230 | -€1,653 | -42.6% |
| Other amounts payable | 47/48 | €86,148 | €65,638 | -€20,510 | -23.8% |
| Accrued charges and deferred income | 492/3 | €2,581 | €3,920 | +€1,339 | +51.9% |
| Non-recurring operating income | 76A | €15,702 | €0 | -€15,702 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,309 | €9,071 | -€238 | -2.6% |
| Other operating charges | 640/8 | €3,090 | €2,903 | -€187 | -6.0% |
| Gross operating margin | 9900 | €80,859 | €91,752 | +€10,892 | +13.5% |
| Operating profit (loss) | 9901 | €68,461 | €79,777 | +€11,316 | +16.5% |
| Financial income | 75/76B | €2,543 | €6,396 | +€3,853 | +151.5% |
| Recurring financial income | 75 | €2,543 | €6,396 | +€3,853 | +151.5% |
| Financial charges | 65/66B | €2,721 | €4,001 | +€1,281 | +47.1% |
| Recurring financial charges | 65 | €2,721 | €4,001 | +€1,281 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €68,283 | €82,172 | +€13,889 | +20.3% |
| Income taxes | 67/77 | €18,787 | €22,487 | +€3,699 | +19.7% |
| Profit (loss) for the period | 9904 | €49,496 | €59,685 | +€10,189 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,496 | €59,685 | +€10,189 | +20.6% |
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 9 October 2026 via checked.be.