PReno: what changed
PReno
Largest movements
- Tangible fixed assets +€47,620
up €47,620 (+1,104%), from €4,314 to €51,934
of which Furniture and vehicles: +€48,045
- Receivables within one year +€16,803
up €16,803 (+496%), from €3,390 to €20,193
of which Other amounts receivable: +€8,611
- Cash -€13,164
down €13,164 (-91.8%), from €14,333 to €1,168
mainly Investment in fixed assets (net) (-€50,598) and Receivables within one year (-€16,803)
- Stocks and contracts -€1,500
down €1,500 (-20.0%), from €7,500 to €6,000
- Debts after one year +€27,296
new in 2025: €27,296
- Other debts +€11,713
up €11,713 (+606%), from €1,933 to €13,646
- Current portion of long-term debt +€6,620
new in 2025: €6,620
- Profit (loss) carried forward +€2,851
up €2,851 (+44.0%), from €6,475 to €9,326
- Trade debts +€1,997
up €1,997 (+67.5%), from €2,958 to €4,955
- Gross operating margin +€16,700
up €16,700, from -€9,161 to €7,539
- Depreciation +€1,019
up €1,019 (+52.0%), from €1,959 to €2,978
- Financial charges +€602
up €602 (+539%), from €112 to €713
- Other operating charges -€96
down €96 (-76.2%), from €126 to €30
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,737 | €81,214 | +€50,477 | +164% |
| Fixed assets | 21/28 | €4,314 | €51,934 | +€47,620 | +1,104% |
| Tangible fixed assets | 22/27 | €4,314 | €51,934 | +€47,620 | +1,104% |
| Plant, machinery and equipment | 23 | €2,802 | €2,376 | -€425 | -15.2% |
| Furniture and vehicles | 24 | €1,513 | €49,558 | +€48,045 | +3,176% |
| Current assets | 29/58 | €26,423 | €29,280 | +€2,857 | +10.8% |
| Stocks and contracts in progress | 3 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Stocks | 30/36 | €7,500 | €6,000 | -€1,500 | -20.0% |
| Amounts receivable within one year | 40/41 | €3,390 | €20,193 | +€16,803 | +496% |
| Trade receivables | 40 | €2,462 | €10,654 | +€8,192 | +333% |
| Other amounts receivable | 41 | €928 | €9,539 | +€8,611 | +928% |
| Cash at bank and in hand | 54/58 | €14,333 | €1,168 | -€13,164 | -91.8% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,919 | +€719 | +59.9% |
| Total equity and liabilities | 10/49 | €30,737 | €81,214 | +€50,477 | +164% |
| Equity | 10/15 | €25,695 | €28,546 | +€2,851 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,475 | €9,326 | +€2,851 | +44.0% |
| Amounts payable | 17/49 | €5,042 | €52,668 | +€47,626 | +945% |
| Amounts payable after more than one year | 17 | - | €27,296 | +€27,296 | |
| Financial debts | 170/4 | - | €27,296 | +€27,296 | |
| Amounts payable within one year | 42/48 | €5,042 | €25,372 | +€20,330 | +403% |
| Current portion of amounts payable after more than one year | 42 | - | €6,620 | +€6,620 | |
| Trade debts | 44 | €2,958 | €4,955 | +€1,997 | +67.5% |
| Suppliers | 440/4 | €2,958 | €4,955 | +€1,997 | +67.5% |
| Taxes, remuneration and social security | 45 | €151 | €151 | = | 0.0% |
| Taxes | 450/3 | €151 | €151 | = | 0.0% |
| Other amounts payable | 47/48 | €1,933 | €13,646 | +€11,713 | +606% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,959 | €2,978 | +€1,019 | +52.0% |
| Other operating charges | 640/8 | €126 | €30 | -€96 | -76.2% |
| Non-recurring operating charges | 66A | - | €1,026 | +€1,026 | |
| Gross operating margin | 9900 | -€9,161 | €7,539 | +€16,700 | |
| Operating profit (loss) | 9901 | -€11,246 | €3,504 | +€14,751 | |
| Financial income | 75/76B | €100 | €86 | -€14 | -13.7% |
| Recurring financial income | 75 | €100 | €86 | -€14 | -13.7% |
| Financial charges | 65/66B | €112 | €713 | +€602 | +539% |
| Recurring financial charges | 65 | €112 | €713 | +€602 | +539% |
| Profit (loss) for the period before taxes | 9903 | -€11,258 | €2,877 | +€14,135 | |
| Income taxes | 67/77 | €28 | €25 | -€3 | -10.2% |
| Profit (loss) for the period | 9904 | -€11,287 | €2,851 | +€14,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,287 | €2,851 | +€14,138 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.