PrePair: 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.
PrePair
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€107,378
down €107,378 (-57.4%), from €187,192 to €79,814
mainly Current investments (-€300,000) and Receivables within one year (-€13,492)
- Receivables within one year +€13,492
up €13,492 (+37.4%), from €36,114 to €49,606
of which Trade receivables: +€13,521
- Intangible fixed assets +€7,196
new in 2025: €7,196
- Reserves +€161,070
up €161,070 (+94.8%), from €169,969 to €331,039
- Tax, wage and social debts +€52,063
up €52,063 (+98.8%), from €52,681 to €104,744
- Gross operating margin +€51,898
up €51,898 (+31.4%), from €165,339 to €217,237
- Taxes +€12,229
up €12,229 (+32.3%), from €37,893 to €50,121
- Depreciation +€3,875
up €3,875 (+460.5%), from €841 to €4,716
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 | €229,940 | €443,012 | +€213,072 | +92.7% |
| Fixed assets | 21/28 | €5,182 | €12,703 | +€7,521 | +145.2% |
| Intangible fixed assets | 21 | - | €7,196 | +€7,196 | |
| Tangible fixed assets | 22/27 | €5,182 | €5,507 | +€325 | +6.3% |
| Plant, machinery and equipment | 23 | €1,656 | €1,256 | -€400 | -24.2% |
| Furniture and vehicles | 24 | €3,525 | €4,251 | +€725 | +20.6% |
| Current assets | 29/58 | €224,758 | €430,309 | +€205,550 | +91.5% |
| Stocks and contracts in progress | 3 | €1,415 | €416 | -€998 | -70.6% |
| Stocks | 30/36 | €1,415 | €416 | -€998 | -70.6% |
| Amounts receivable within one year | 40/41 | €36,114 | €49,606 | +€13,492 | +37.4% |
| Trade receivables | 40 | €36,085 | €49,606 | +€13,521 | +37.5% |
| Other amounts receivable | 41 | €29 | €0 | -€29 | -100.0% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €187,192 | €79,814 | -€107,378 | -57.4% |
| Deferred charges and accrued income | 490/1 | €38 | €473 | +€434 | +1134.6% |
| Total equity and liabilities | 10/49 | €229,940 | €443,012 | +€213,072 | +92.7% |
| Equity | 10/15 | €171,969 | €333,039 | +€161,070 | +93.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €169,969 | €331,039 | +€161,070 | +94.8% |
| Distributable reserves | 133 | €169,969 | €331,039 | +€161,070 | +94.8% |
| Amounts payable | 17/49 | €57,971 | €109,973 | +€52,002 | +89.7% |
| Amounts payable within one year | 42/48 | €57,971 | €109,973 | +€52,002 | +89.7% |
| Trade debts | 44 | €3,221 | €195 | -€3,026 | -94.0% |
| Suppliers | 440/4 | €3,221 | €195 | -€3,026 | -94.0% |
| Taxes, remuneration and social security | 45 | €52,681 | €104,744 | +€52,063 | +98.8% |
| Taxes | 450/3 | €52,681 | €104,744 | +€52,063 | +98.8% |
| Other amounts payable | 47/48 | €2,070 | €5,034 | +€2,964 | +143.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €841 | €4,716 | +€3,875 | +460.5% |
| Other operating charges | 640/8 | €811 | €919 | +€108 | +13.3% |
| Gross operating margin | 9900 | €165,339 | €217,237 | +€51,898 | +31.4% |
| Operating profit (loss) | 9901 | €163,687 | €211,602 | +€47,915 | +29.3% |
| Financial income | 75/76B | €1,459 | €3,503 | +€2,044 | +140.1% |
| Recurring financial income | 75 | €1,459 | €3,503 | +€2,044 | +140.1% |
| Financial charges | 65/66B | €1,757 | €3,913 | +€2,156 | +122.7% |
| Recurring financial charges | 65 | €1,757 | €3,913 | +€2,156 | +122.7% |
| Profit (loss) for the period before taxes | 9903 | €163,389 | €211,191 | +€47,803 | +29.3% |
| Income taxes | 67/77 | €37,893 | €50,121 | +€12,229 | +32.3% |
| Profit (loss) for the period | 9904 | €125,496 | €161,070 | +€35,574 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €125,496 | €161,070 | +€35,574 | +28.3% |
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 11 October 2026 via checked.be.