PREMAN: 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.
PREMAN
Largest movements
- Cash +€302,275
up €302,275 (+73.1%), from €413,635 to €715,910
mainly Depreciation (+€463,593) and Net result for the year (+€332,023)
- Current investments +€300,000
up €300,000 (+30.0%), from €1.0m to €1.3m
- Tangible fixed assets -€299,365
down €299,365 (-4.8%), from €6.3m to €6.0m
of which Land and buildings: -€463,593
- Reserves +€795,616
up €795,616 (+312.0%), from €255,041 to €1.1m
of which Distributable reserves: +€795,616
- Revaluation surpluses -€463,593
down €463,593 (-12.0%), from €3.8m to €3.4m
- Financial charges -€49,505
down €49,505 (-49.7%), from €99,591 to €50,086
- Taxes +€18,731
up €18,731 (+7.6%), from €246,474 to €265,205
- Turnover +€16,167
up €16,167 (+1.5%), from €1.1m to €1.1m
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 | €8,027,498 | €8,336,865 | +€309,367 | +3.9% |
| Fixed assets | 21/28 | €6,260,451 | €5,961,086 | -€299,365 | -4.8% |
| Tangible fixed assets | 22/27 | €6,260,451 | €5,961,086 | -€299,365 | -4.8% |
| Land and buildings | 22 | €4,953,066 | €4,489,473 | -€463,593 | -9.4% |
| Other tangible fixed assets | 26 | €1,307,386 | €1,471,614 | +€164,228 | +12.6% |
| Current assets | 29/58 | €1,767,047 | €2,375,779 | +€608,731 | +34.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €338 | €0 | -€338 | -100.0% |
| Trade receivables | 40 | €338 | €0 | -€338 | -100.0% |
| Current investments | 50/53 | €1,000,000 | €1,300,000 | +€300,000 | +30.0% |
| Other investments | 51/53 | €1,000,000 | €1,300,000 | +€300,000 | +30.0% |
| Cash at bank and in hand | 54/58 | €413,635 | €715,910 | +€302,275 | +73.1% |
| Deferred charges and accrued income | 490/1 | €353,074 | €359,869 | +€6,795 | +1.9% |
| Total equity and liabilities | 10/49 | €8,027,498 | €8,336,865 | +€309,367 | +3.9% |
| Equity | 10/15 | €4,550,913 | €4,882,937 | +€332,023 | +7.3% |
| Contributions | 10/11 | €446,210 | €446,210 | = | 0.0% |
| Capital | 10 | €446,210 | €446,210 | = | 0.0% |
| Issued capital | 100 | €446,210 | €446,210 | = | 0.0% |
| Revaluation surpluses | 12 | €3,849,662 | €3,386,069 | -€463,593 | -12.0% |
| Reserves | 13 | €255,041 | €1,050,658 | +€795,616 | +312.0% |
| Non-distributable reserves | 130/1 | €44,621 | €44,621 | = | 0.0% |
| Legal reserve | 130 | €44,621 | €44,621 | = | 0.0% |
| Distributable reserves | 133 | €210,420 | €1,006,037 | +€795,616 | +378.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,476,585 | €3,453,928 | -€22,657 | -0.7% |
| Amounts payable after more than one year | 17 | €3,300,000 | €3,300,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,300,000 | €3,300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,393 | €38,246 | +€26,853 | +235.7% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,393 | €38,246 | +€26,853 | +235.7% |
| Taxes | 450/3 | €11,393 | €38,246 | +€26,853 | +235.7% |
| Accrued charges and deferred income | 492/3 | €165,193 | €115,683 | -€49,510 | -30.0% |
| Operating income | 70/76A | €1,260,186 | €1,276,353 | +€16,167 | +1.3% |
| Turnover | 70 | €1,095,886 | €1,112,053 | +€16,167 | +1.5% |
| Other operating income | 74 | €72 | €72 | = | 0.0% |
| Non-recurring operating income | 76A | €164,228 | €164,228 | -€0 | 0.0% |
| Operating charges | 60/66A | €655,577 | €657,008 | +€1,431 | +0.2% |
| Services and other goods | 61 | €32,512 | €29,515 | -€2,997 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463,593 | €463,593 | = | 0.0% |
| Other operating charges | 640/8 | €159,473 | €163,901 | +€4,428 | +2.8% |
| Operating profit (loss) | 9901 | €604,609 | €619,345 | +€14,736 | +2.4% |
| Financial income | 75/76B | €17,286 | €27,970 | +€10,685 | +61.8% |
| Recurring financial income | 75 | €17,286 | €27,970 | +€10,685 | +61.8% |
| Income from current assets | 751 | €16,938 | €27,841 | +€10,902 | +64.4% |
| Other financial income | 752/9 | €347 | €129 | -€218 | -62.7% |
| Financial charges | 65/66B | €99,591 | €50,086 | -€49,505 | -49.7% |
| Recurring financial charges | 65 | €99,591 | €50,086 | -€49,505 | -49.7% |
| Debt charges | 650 | €99,000 | €49,500 | -€49,500 | -50.0% |
| Other financial charges | 652/9 | €591 | €586 | -€5 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €522,304 | €597,229 | +€74,925 | +14.3% |
| Income taxes | 67/77 | €246,474 | €265,205 | +€18,731 | +7.6% |
| Taxes | 670/3 | €246,474 | €265,205 | +€18,731 | +7.6% |
| Profit (loss) for the period | 9904 | €275,830 | €332,023 | +€56,194 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €275,830 | €332,023 | +€56,194 | +20.4% |
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 11 October 2026 via checked.be.