Premium Construct: 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.
Premium Construct
Largest movements
- Financial fixed assets +€141,076
new in 2025: €141,076
- Cash +€38,687
up €38,687 (+17.3%), from €223,299 to €261,986
mainly Accrued charges and deferred income (+€151,654) and Net result for the year (+€59,954)
- Receivables within one year -€21,951
down €21,951 (-9.2%), from €238,447 to €216,496
of which Other amounts receivable: -€13,368
- Tangible fixed assets -€10,459
down €10,459 (-23.4%), from €44,723 to €34,264
- Accrued charges and deferred income +€151,654
up €151,654 (+88.6%), from €171,226 to €322,879
- Trade debts -€92,895
down €92,895 (-91.4%), from €101,601 to €8,707
- Reserves +€59,954
up €59,954 (+44.2%), from €135,749 to €195,703
- Tax, wage and social debts +€34,646
up €34,646 (+51.9%), from €66,736 to €101,382
of which Taxes: +€20,596
- Gross operating margin -€101,896
down €101,896 (-49.1%), from €207,725 to €105,829
- Taxes -€32,140
down €32,140 (-55.4%), from €57,986 to €25,846
- Depreciation +€4,338
up €4,338 (+40.3%), from €10,763 to €15,101
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 | €506,470 | €653,823 | +€147,353 | +29.1% |
| Fixed assets | 21/28 | €44,723 | €175,340 | +€130,617 | +292.1% |
| Tangible fixed assets | 22/27 | €44,723 | €34,264 | -€10,459 | -23.4% |
| Furniture and vehicles | 24 | €44,723 | €34,264 | -€10,459 | -23.4% |
| Financial fixed assets | 28 | - | €141,076 | +€141,076 | |
| Current assets | 29/58 | €461,747 | €478,483 | +€16,736 | +3.6% |
| Amounts receivable within one year | 40/41 | €238,447 | €216,496 | -€21,951 | -9.2% |
| Trade receivables | 40 | €217,606 | €209,023 | -€8,582 | -3.9% |
| Other amounts receivable | 41 | €20,841 | €7,473 | -€13,368 | -64.1% |
| Cash at bank and in hand | 54/58 | €223,299 | €261,986 | +€38,687 | +17.3% |
| Total equity and liabilities | 10/49 | €506,470 | €653,823 | +€147,353 | +29.1% |
| Equity | 10/15 | €137,749 | €197,703 | +€59,954 | +43.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €135,749 | €195,703 | +€59,954 | +44.2% |
| Distributable reserves | 133 | €135,749 | €195,703 | +€59,954 | +44.2% |
| Amounts payable | 17/49 | €368,721 | €456,120 | +€87,399 | +23.7% |
| Amounts payable after more than one year | 17 | €23,073 | €16,815 | -€6,258 | -27.1% |
| Financial debts | 170/4 | €23,073 | €16,815 | -€6,258 | -27.1% |
| Amounts payable within one year | 42/48 | €174,422 | €116,425 | -€57,997 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €6,007 | €6,258 | +€251 | +4.2% |
| Trade debts | 44 | €101,601 | €8,707 | -€92,895 | -91.4% |
| Suppliers | 440/4 | €101,601 | €8,707 | -€92,895 | -91.4% |
| Taxes, remuneration and social security | 45 | €66,736 | €101,382 | +€34,646 | +51.9% |
| Taxes | 450/3 | €63,236 | €83,832 | +€20,596 | +32.6% |
| Remuneration and social security | 454/9 | €3,500 | €17,550 | +€14,050 | +401.4% |
| Other amounts payable | 47/48 | €78 | €78 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €171,226 | €322,879 | +€151,654 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,763 | €15,101 | +€4,338 | +40.3% |
| Other operating charges | 640/8 | €2,082 | €2,546 | +€464 | +22.3% |
| Gross operating margin | 9900 | €207,725 | €105,829 | -€101,896 | -49.1% |
| Operating profit (loss) | 9901 | €194,880 | €88,182 | -€106,698 | -54.8% |
| Financial charges | 65/66B | €1,145 | €2,381 | +€1,237 | +108.0% |
| Recurring financial charges | 65 | €1,145 | €2,381 | +€1,237 | +108.0% |
| Profit (loss) for the period before taxes | 9903 | €193,735 | €85,800 | -€107,935 | -55.7% |
| Income taxes | 67/77 | €57,986 | €25,846 | -€32,140 | -55.4% |
| Profit (loss) for the period | 9904 | €135,749 | €59,954 | -€75,795 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €135,749 | €59,954 | -€75,795 | -55.8% |
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 1 October 2026 via checked.be.