PREMECAN: 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.
PREMECAN
Largest movements
- Cash -€135,866
down €135,866 (-27.3%), from €497,946 to €362,079
mainly Contributions, distributions and other (-€240,000) and Net result for the year (-€103,740)
- Tangible fixed assets +€7,447
up €7,447 (+15.5%), from €48,080 to €55,527
of which Furniture and vehicles: +€7,747
- Reserves -€240,000
down €240,000 (-98.0%), from €244,958 to €4,958
of which Distributable reserves: -€240,000
- Other debts +€210,620
up €210,620 (+3227.8%), from €6,525 to €217,145
- Profit (loss) carried forward -€103,740
down €103,740 (-42.1%), from €246,487 to €142,747
- Gross operating margin -€63,719
down €63,719 (-375.7%), from -€16,961 to -€80,680
- Financial income -€16,063
down €16,063 (-100.0%), from €16,065 to €2
- Depreciation +€6,810
up €6,810 (+72.3%), from €9,415 to €16,225
- Other operating charges +€3,329
up €3,329 (+146.4%), from €2,274 to €5,603
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 | €550,061 | €417,607 | -€132,454 | -24.1% |
| Fixed assets | 21/28 | €48,080 | €55,527 | +€7,447 | +15.5% |
| Tangible fixed assets | 22/27 | €48,080 | €55,527 | +€7,447 | +15.5% |
| Land and buildings | 22 | €39,016 | €38,716 | -€300 | -0.8% |
| Furniture and vehicles | 24 | €9,064 | €16,811 | +€7,747 | +85.5% |
| Current assets | 29/58 | €501,980 | €362,079 | -€139,901 | -27.9% |
| Amounts receivable within one year | 40/41 | €4,035 | - | -€4,035 | |
| Other amounts receivable | 41 | €4,035 | - | -€4,035 | |
| Cash at bank and in hand | 54/58 | €497,946 | €362,079 | -€135,866 | -27.3% |
| Total equity and liabilities | 10/49 | €550,061 | €417,607 | -€132,454 | -24.1% |
| Equity | 10/15 | €541,024 | €197,284 | -€343,740 | -63.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €244,958 | €4,958 | -€240,000 | -98.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €240,000 | - | -€240,000 | |
| Profit (loss) carried forward | 14 | €246,487 | €142,747 | -€103,740 | -42.1% |
| Amounts payable | 17/49 | €9,037 | €220,323 | +€211,286 | +2338.0% |
| Amounts payable within one year | 42/48 | €9,037 | €220,323 | +€211,286 | +2338.0% |
| Trade debts | 44 | €848 | €1,018 | +€170 | +20.1% |
| Suppliers | 440/4 | €848 | €1,018 | +€170 | +20.1% |
| Taxes, remuneration and social security | 45 | €1,664 | €2,159 | +€496 | +29.8% |
| Taxes | 450/3 | €1,664 | €2,159 | +€496 | +29.8% |
| Other amounts payable | 47/48 | €6,525 | €217,145 | +€210,620 | +3227.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,415 | €16,225 | +€6,810 | +72.3% |
| Other operating charges | 640/8 | €2,274 | €5,603 | +€3,329 | +146.4% |
| Gross operating margin | 9900 | -€16,961 | -€80,680 | -€63,719 | -375.7% |
| Operating profit (loss) | 9901 | -€28,649 | -€102,507 | -€73,858 | -257.8% |
| Financial income | 75/76B | €16,065 | €2 | -€16,063 | -100.0% |
| Recurring financial income | 75 | €16,065 | €2 | -€16,063 | -100.0% |
| Financial charges | 65/66B | €303 | €356 | +€53 | +17.4% |
| Recurring financial charges | 65 | €303 | €356 | +€53 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,888 | -€102,861 | -€89,973 | -698.1% |
| Income taxes | 67/77 | €785 | €879 | +€94 | +12.0% |
| Profit (loss) for the period | 9904 | -€13,672 | -€103,740 | -€90,067 | -658.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,672 | -€103,740 | -€90,067 | -658.7% |
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 29 September 2026 via checked.be.