PRESIP: 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.
PRESIP
Largest movements
- Receivables within one year +€61,015
up €61,015 (+812%), from €7,518 to €68,533
of which Trade receivables: +€53,465
- Cash +€20,013
new in 2025: €20,013
mainly Net result for the year (+€62,055) and Debts after one year (+€26,855)
- Tangible fixed assets +€15,560
up €15,560 (+38.7%), from €40,155 to €55,715
of which Furniture and vehicles: +€18,109
- Stocks and contracts +€14,186
up €14,186 (+1,654%), from €858 to €15,043
- Deferred charges and accrued income +€1,770
up €1,770 (+85.0%), from €2,083 to €3,854
- Reserves +€33,332
up €33,332 (+6,741%), from €494 to €33,827
of which Distributable reserves: +€33,332
- Profit (loss) carried forward +€28,722
no longer reported in 2025 (was -€28,722)
- Debts after one year +€26,855
up €26,855 (+39.6%), from €67,795 to €94,650
of which Financial debts: +€20,000
- Short-term financial debts +€15,946
up €15,946 (+776%), from €2,054 to €18,000
- Trade debts +€8,018
up €8,018 (+135%), from €5,959 to €13,977
- Gross operating margin +€107,101
up €107,101, from -€16,587 to €90,514
- Taxes +€18,166
new in 2025: €18,166
- Depreciation +€2,190
up €2,190 (+46.8%), from €4,684 to €6,875
- Other operating charges +€2,050
up €2,050 (+466%), from €440 to €2,489
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 | €51,181 | €163,459 | +€112,279 | +219% |
| Fixed assets | 21/28 | €40,722 | €56,016 | +€15,295 | +37.6% |
| Intangible fixed assets | 21 | €566 | €301 | -€265 | -46.8% |
| Tangible fixed assets | 22/27 | €40,155 | €55,715 | +€15,560 | +38.7% |
| Plant, machinery and equipment | 23 | €2,763 | €1,614 | -€1,149 | -41.6% |
| Furniture and vehicles | 24 | €3,666 | €21,775 | +€18,109 | +494% |
| Other tangible fixed assets | 26 | €33,727 | €32,326 | -€1,401 | -4.2% |
| Current assets | 29/58 | €10,459 | €107,443 | +€96,984 | +927% |
| Stocks and contracts in progress | 3 | €858 | €15,043 | +€14,186 | +1,654% |
| Stocks | 30/36 | €858 | €15,043 | +€14,186 | +1,654% |
| Amounts receivable within one year | 40/41 | €7,518 | €68,533 | +€61,015 | +812% |
| Trade receivables | 40 | €5,250 | €58,715 | +€53,465 | +1,018% |
| Other amounts receivable | 41 | €2,268 | €9,818 | +€7,551 | +333% |
| Cash at bank and in hand | 54/58 | - | €20,013 | +€20,013 | |
| Deferred charges and accrued income | 490/1 | €2,083 | €3,854 | +€1,770 | +85.0% |
| Total equity and liabilities | 10/49 | €51,181 | €163,459 | +€112,279 | +219% |
| Equity | 10/15 | -€27,228 | €34,827 | +€62,055 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €494 | €33,827 | +€33,332 | +6,741% |
| Tax-exempt reserves | 132 | €64 | €64 | = | 0.0% |
| Distributable reserves | 133 | €430 | €33,763 | +€33,332 | +7,745% |
| Profit (loss) carried forward | 14 | -€28,722 | - | +€28,722 | |
| Amounts payable | 17/49 | €78,409 | €128,632 | +€50,224 | +64.1% |
| Amounts payable after more than one year | 17 | €67,795 | €94,650 | +€26,855 | +39.6% |
| Financial debts | 170/4 | - | €20,000 | +€20,000 | |
| Other amounts payable | 178/9 | €67,795 | €74,650 | +€6,855 | +10.1% |
| Amounts payable within one year | 42/48 | €8,863 | €33,518 | +€24,655 | +278% |
| Financial debts | 43 | €2,054 | €18,000 | +€15,946 | +776% |
| Credit institutions | 430/8 | €2,054 | €18,000 | +€15,946 | +776% |
| Trade debts | 44 | €5,959 | €13,977 | +€8,018 | +135% |
| Suppliers | 440/4 | €5,959 | €13,977 | +€8,018 | +135% |
| Taxes, remuneration and social security | 45 | €850 | €1,541 | +€691 | +81.3% |
| Taxes | 450/3 | - | €166 | +€166 | |
| Remuneration and social security | 454/9 | €850 | €1,375 | +€525 | +61.8% |
| Accrued charges and deferred income | 492/3 | €1,751 | €464 | -€1,287 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,684 | €6,875 | +€2,190 | +46.8% |
| Other operating charges | 640/8 | €440 | €2,489 | +€2,050 | +466% |
| Gross operating margin | 9900 | -€16,587 | €90,514 | +€107,101 | |
| Operating profit (loss) | 9901 | -€21,711 | €81,150 | +€102,861 | |
| Financial income | 75/76B | €0 | €310 | +€310 | +1,551,350% |
| Recurring financial income | 75 | €0 | €310 | +€310 | +1,551,350% |
| Financial charges | 65/66B | €411 | €1,239 | +€828 | +201% |
| Recurring financial charges | 65 | €411 | €1,239 | +€828 | +201% |
| Profit (loss) for the period before taxes | 9903 | -€22,122 | €80,221 | +€102,343 | |
| Income taxes | 67/77 | - | €18,166 | +€18,166 | |
| Profit (loss) for the period | 9904 | -€22,122 | €62,055 | +€84,177 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,122 | €62,055 | +€84,177 |
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 16 October 2026 via checked.be.