PRENCON: 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.
PRENCON
Largest movements
- Cash -€43,019
down €43,019 (-64.1%), from €67,075 to €24,056
mainly Contributions, distributions and other (-€37,500) and Other debts (-€20,748)
- Receivables after one year -€8,722
down €8,722 (-35.6%), from €24,468 to €15,746
- Tangible fixed assets +€8,312
new in 2025: €8,312
- Receivables within one year -€3,592
down €3,592 (-13.4%), from €26,744 to €23,152
of which Trade receivables: -€13,592
- Deferred charges and accrued income +€3,272
new in 2025: €3,272
- Other debts -€20,748
down €20,748 (-77.4%), from €26,809 to €6,061
- Tax, wage and social debts -€18,988
down €18,988 (-82.3%), from €23,079 to €4,091
- Profit (loss) carried forward -€5,370
down €5,370 (-8.1%), from €66,300 to €60,930
- Trade debts +€1,357
up €1,357 (+123%), from €1,099 to €2,456
- Gross operating margin -€33,482
down €33,482 (-44.8%), from €74,738 to €41,256
- Taxes -€7,349
down €7,349 (-46.4%), from €15,854 to €8,505
- Financial charges +€947
up €947 (+2,917%), from €32 to €980
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
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 | €118,287 | €74,537 | -€43,750 | -37.0% |
| Fixed assets | 21/28 | - | €8,312 | +€8,312 | |
| Tangible fixed assets | 22/27 | - | €8,312 | +€8,312 | |
| Furniture and vehicles | 24 | - | €8,312 | +€8,312 | |
| Current assets | 29/58 | €118,287 | €66,225 | -€52,062 | -44.0% |
| Amounts receivable after more than one year | 29 | €24,468 | €15,746 | -€8,722 | -35.6% |
| Trade receivables | 290 | €24,468 | €15,746 | -€8,722 | -35.6% |
| Amounts receivable within one year | 40/41 | €26,744 | €23,152 | -€3,592 | -13.4% |
| Trade receivables | 40 | €26,744 | €13,152 | -€13,592 | -50.8% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €67,075 | €24,056 | -€43,019 | -64.1% |
| Deferred charges and accrued income | 490/1 | - | €3,272 | +€3,272 | |
| Total equity and liabilities | 10/49 | €118,287 | €74,537 | -€43,750 | -37.0% |
| Equity | 10/15 | €67,300 | €61,930 | -€5,370 | -8.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,300 | €60,930 | -€5,370 | -8.1% |
| Amounts payable | 17/49 | €50,987 | €12,607 | -€38,379 | -75.3% |
| Amounts payable within one year | 42/48 | €50,987 | €12,607 | -€38,379 | -75.3% |
| Trade debts | 44 | €1,099 | €2,456 | +€1,357 | +123% |
| Suppliers | 440/4 | €1,099 | €2,456 | +€1,357 | +123% |
| Taxes, remuneration and social security | 45 | €23,079 | €4,091 | -€18,988 | -82.3% |
| Taxes | 450/3 | €23,079 | €4,091 | -€18,988 | -82.3% |
| Other amounts payable | 47/48 | €26,809 | €6,061 | -€20,748 | -77.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €710 | +€710 | |
| Other operating charges | 640/8 | €153 | €183 | +€30 | +19.9% |
| Gross operating margin | 9900 | €74,738 | €41,256 | -€33,482 | -44.8% |
| Operating profit (loss) | 9901 | €74,585 | €40,362 | -€34,223 | -45.9% |
| Financial income | 75/76B | €1,118 | €1,253 | +€135 | +12.1% |
| Recurring financial income | 75 | €1,118 | €1,253 | +€135 | +12.1% |
| Financial charges | 65/66B | €32 | €980 | +€947 | +2,917% |
| Recurring financial charges | 65 | €32 | €980 | +€947 | +2,917% |
| Profit (loss) for the period before taxes | 9903 | €75,670 | €40,635 | -€35,035 | -46.3% |
| Income taxes | 67/77 | €15,854 | €8,505 | -€7,349 | -46.4% |
| Profit (loss) for the period | 9904 | €59,816 | €32,130 | -€27,686 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,816 | €32,130 | -€27,686 | -46.3% |
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 19 October 2026 via checked.be.