PRESA: 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.
What changed
PRESA
NACE 46.500, Wholesale of information and communication equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€256,497
2024 · €388,389-€131,892
Equity
€3.2m
2024 · €3.0m+€256,497
Cash
€564,970
2024 · €460,388+€104,582
Balance sheet total
€5.5m
2024 · €6.2m-€700,509
Largest movements
Assets
- Financial fixed assets -€514,834
down €514,834 (-99.6%), from €516,794 to €1,960
- Stocks and contracts -€153,443
down €153,443 (-8.4%), from €1.8m to €1.7m
- Receivables within one year -€112,661
down €112,661 (-3.6%), from €3.1m to €3.0m
of which Trade receivables: -€148,101
- Cash +€104,582
up €104,582 (+22.7%), from €460,388 to €564,970
mainly Investment in fixed assets (net) (+€391,767) and Net result for the year (+€256,497)
Equity and liabilities
- Other debts -€500,000
no longer reported in 2025 (was €500,000)
- Trade debts -€319,238
down €319,238 (-30.4%), from €1.1m to €731,987
- Reserves +€256,497
up €256,497 (+9.5%), from €2.7m to €3.0m
of which Distributable reserves: +€256,497
- Advances received -€211,105
down €211,105 (-28.7%), from €736,526 to €525,421
- Tax, wage and social debts +€154,109
up €154,109 (+19.8%), from €778,394 to €932,503
of which Remuneration and social security: +€86,295
Income statement
- Turnover +€12.4m
new in 2025: €12.4m
- Goods and materials +€6.6m
new in 2025: €6.6m
of which Purchases: +€6.5m
- Gross operating margin -€3.7m
no longer reported in 2025 (was €3.7m)
- Services and other goods +€1.6m
new in 2025: €1.6m
- Financial charges +€416,480
up €416,480 (+164%), from €253,985 to €670,465
of which Non-recurring financial charges: +€418,151
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.
Result 2024
€388,389
Turnover
+€12.4m
Other operating income
+€11,529
Goods and materials
-€6.6m
Services and other goods
-€1.6m
Staff costs
-€287,401
Depreciation
+€11,139
Write-downs
-€304,846
Provisions
+€100,000
Other operating charges
+€479
Other operating items
-€3.5m
Financial income
+€114,888
Financial charges
-€416,480
Taxes
-€63,149
Result 2025
€256,497
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€278,952
Investment
+€391,767
Financing
-€8,233
Cash 2024
€460,388
From operations (derived)
-€278,952
Net result for the year
+€256,497
Depreciation
+€143,707
Stocks and contracts
+€153,443
Receivables within one year
+€112,661
Deferred charges and accrued income
+€3,514
Provisions
-€100,000
Trade debts
-€319,238
Tax, wage and social debts
+€154,109
Advances received
-€211,105
Other debts
-€500,000
Accrued charges and deferred income
+€27,461
Investment (derived)
+€391,767
Investment in fixed assets (net)
+€391,767
Financing
-€8,233
Current portion of long-term debt
-€8,233
Cash 2025
€564,970
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,215,281 | €5,514,771 | -€700,509 | -11.3% |
| Fixed assets | 21/28 | €769,050 | €233,577 | -€535,474 | -69.6% |
| Tangible fixed assets | 22/27 | €252,257 | €231,617 | -€20,640 | -8.2% |
| Plant, machinery and equipment | 23 | €10,985 | €6,726 | -€4,259 | -38.8% |
| Furniture and vehicles | 24 | €59,361 | €99,371 | +€40,010 | +67.4% |
| Other tangible fixed assets | 26 | €181,910 | €125,520 | -€56,390 | -31.0% |
| Financial fixed assets | 28 | €516,794 | €1,960 | -€514,834 | -99.6% |
| Other financial fixed assets | 284/8 | - | €1,960 | +€1,960 | |
| Amounts receivable and cash guarantees | 285/8 | - | €1,960 | +€1,960 | |
| Current assets | 29/58 | €5,446,230 | €5,281,195 | -€165,036 | -3.0% |
| Stocks and contracts in progress | 3 | €1,816,026 | €1,662,583 | -€153,443 | -8.4% |
| Stocks | 30/36 | €1,816,026 | €1,662,583 | -€153,443 | -8.4% |
| Goods purchased for resale | 34 | - | €1,662,583 | +€1.7m | |
| Amounts receivable within one year | 40/41 | €3,092,703 | €2,980,042 | -€112,661 | -3.6% |
| Trade receivables | 40 | €2,122,611 | €1,974,510 | -€148,101 | -7.0% |
| Other amounts receivable | 41 | €970,092 | €1,005,532 | +€35,440 | +3.7% |
| Cash at bank and in hand | 54/58 | €460,388 | €564,970 | +€104,582 | +22.7% |
| Deferred charges and accrued income | 490/1 | €77,114 | €73,600 | -€3,514 | -4.6% |
| Total equity and liabilities | 10/49 | €6,215,281 | €5,514,771 | -€700,509 | -11.3% |
| Equity | 10/15 | €2,959,056 | €3,215,553 | +€256,497 | +8.7% |
| Contributions | 10/11 | €248,000 | €248,000 | = | 0.0% |
| Capital | 10 | €248,000 | €248,000 | = | 0.0% |
| Issued capital | 100 | €248,000 | €248,000 | = | 0.0% |
| Reserves | 13 | €2,711,056 | €2,967,553 | +€256,497 | +9.5% |
| Non-distributable reserves | 130/1 | €24,800 | €24,800 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Distributable reserves | 133 | €2,686,256 | €2,942,753 | +€256,497 | +9.5% |
| Provisions and deferred taxes | 16 | €100,000 | - | -€100,000 | |
| Provisions for liabilities and charges | 160/5 | €100,000 | - | -€100,000 | |
| Other liabilities and charges | 164/5 | €100,000 | - | -€100,000 | |
| Amounts payable | 17/49 | €3,156,225 | €2,299,218 | -€857,007 | -27.2% |
| Amounts payable within one year | 42/48 | €3,074,378 | €2,189,911 | -€884,467 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €8,233 | - | -€8,233 | |
| Trade debts | 44 | €1,051,225 | €731,987 | -€319,238 | -30.4% |
| Suppliers | 440/4 | €1,051,225 | €731,987 | -€319,238 | -30.4% |
| Advances received on contracts in progress | 46 | €736,526 | €525,421 | -€211,105 | -28.7% |
| Taxes, remuneration and social security | 45 | €778,394 | €932,503 | +€154,109 | +19.8% |
| Taxes | 450/3 | €313,251 | €381,065 | +€67,814 | +21.6% |
| Remuneration and social security | 454/9 | €465,143 | €551,438 | +€86,295 | +18.6% |
| Other amounts payable | 47/48 | €500,000 | - | -€500,000 | |
| Accrued charges and deferred income | 492/3 | €81,846 | €109,307 | +€27,461 | +33.6% |
| Operating income | 70/76A | - | €12,644,850 | +€12.6m | |
| Turnover | 70 | - | €12,366,556 | +€12.4m | |
| Other operating income | 74 | - | €11,529 | +€11,529 | |
| Non-recurring operating income | 76A | - | €266,765 | +€266,765 | |
| Operating charges | 60/66A | - | €11,593,194 | +€11.6m | |
| Goods for resale, raw materials and consumables | 60 | - | €6,642,921 | +€6.6m | |
| Purchases | 600/8 | - | €6,549,966 | +€6.5m | |
| Change in stocks: decrease (increase) | 609 | - | €92,955 | +€92,955 | |
| Services and other goods | 61 | - | €1,558,494 | +€1.6m | |
| Remuneration, social security and pensions | 62 | €2,983,082 | €3,270,483 | +€287,401 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,846 | €143,707 | -€11,139 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€239,312 | €65,534 | +€304,846 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€100,000 | -€100,000 | |
| Other operating charges | 640/8 | €12,534 | €12,055 | -€479 | -3.8% |
| Gross operating margin | 9900 | €3,729,957 | - | -€3.7m | |
| Operating profit (loss) | 9901 | €818,807 | €1,051,656 | +€232,849 | +28.4% |
| Financial income | 75/76B | €37,825 | €152,714 | +€114,888 | +304% |
| Recurring financial income | 75 | €37,825 | €43,665 | +€5,840 | +15.4% |
| Income from current assets | 751 | - | €35,607 | +€35,607 | |
| Other financial income | 752/9 | - | €8,059 | +€8,059 | |
| Non-recurring financial income | 76B | - | €109,048 | +€109,048 | |
| Financial charges | 65/66B | €253,985 | €670,465 | +€416,480 | +164% |
| Recurring financial charges | 65 | €144,937 | €143,266 | -€1,671 | -1.2% |
| Debt charges | 650 | - | €51,576 | +€51,576 | |
| Other financial charges | 652/9 | - | €91,690 | +€91,690 | |
| Non-recurring financial charges | 66B | €109,048 | €527,199 | +€418,151 | +383% |
| Profit (loss) for the period before taxes | 9903 | €602,647 | €533,905 | -€68,742 | -11.4% |
| Income taxes | 67/77 | €214,258 | €277,408 | +€63,149 | +29.5% |
| Taxes | 670/3 | - | €277,408 | +€277,408 | |
| Profit (loss) for the period | 9904 | €388,389 | €256,497 | -€131,892 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €388,389 | €256,497 | -€131,892 | -34.0% |
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 28 October 2026 via checked.be.