PRESIR: 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.
PRESIR
Largest movements
- Receivables within one year -€3,686
down €3,686 (-1.3%), from €275,889 to €272,203
of which Trade receivables: -€40,451
- Current portion of long-term debt -€9,140
no longer reported in 2025 (was €9,140)
- Profit (loss) carried forward +€4,611
up €4,611 (+2.6%), from €176,586 to €181,196
- Gross operating margin +€10,577
up €10,577, from -€836 to €9,741
- Financial charges -€840
down €840 (-29.7%), from €2,831 to €1,991
- Taxes +€315
up €315 (+30.2%), from €1,044 to €1,360
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 | €285,819 | €282,622 | -€3,197 | -1.1% |
| Fixed assets | 21/28 | €2,726 | €2,429 | -€298 | -10.9% |
| Tangible fixed assets | 22/27 | €2,726 | €2,429 | -€298 | -10.9% |
| Land and buildings | 22 | €2,726 | €2,429 | -€298 | -10.9% |
| Current assets | 29/58 | €283,092 | €280,193 | -€2,900 | -1.0% |
| Amounts receivable within one year | 40/41 | €275,889 | €272,203 | -€3,686 | -1.3% |
| Trade receivables | 40 | €257,409 | €216,957 | -€40,451 | -15.7% |
| Other amounts receivable | 41 | €18,480 | €55,246 | +€36,765 | +199% |
| Cash at bank and in hand | 54/58 | €4,661 | €7,215 | +€2,554 | +54.8% |
| Deferred charges and accrued income | 490/1 | €2,543 | €775 | -€1,768 | -69.5% |
| Total equity and liabilities | 10/49 | €285,819 | €282,622 | -€3,197 | -1.1% |
| Equity | 10/15 | €275,870 | €280,480 | +€4,611 | +1.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €80,734 | €80,734 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,831 | €19,831 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,831 | €19,831 | = | 0.0% |
| Distributable reserves | 133 | €60,902 | €60,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,586 | €181,196 | +€4,611 | +2.6% |
| Amounts payable | 17/49 | €9,949 | €2,141 | -€7,808 | -78.5% |
| Amounts payable within one year | 42/48 | €9,949 | €2,141 | -€7,808 | -78.5% |
| Current portion of amounts payable after more than one year | 42 | €9,140 | - | -€9,140 | |
| Trade debts | 44 | €750 | €666 | -€85 | -11.3% |
| Suppliers | 440/4 | €750 | €666 | -€85 | -11.3% |
| Taxes, remuneration and social security | 45 | €59 | €1,476 | +€1,417 | +2,410% |
| Taxes | 450/3 | €59 | €1,476 | +€1,417 | +2,410% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249 | €298 | +€49 | +19.7% |
| Other operating charges | 640/8 | €1,449 | €1,481 | +€32 | +2.2% |
| Gross operating margin | 9900 | -€836 | €9,741 | +€10,577 | |
| Operating profit (loss) | 9901 | -€2,533 | €7,962 | +€10,495 | |
| Financial charges | 65/66B | €2,831 | €1,991 | -€840 | -29.7% |
| Recurring financial charges | 65 | €2,831 | €1,991 | -€840 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,364 | €5,971 | +€11,335 | |
| Income taxes | 67/77 | €1,044 | €1,360 | +€315 | +30.2% |
| Profit (loss) for the period | 9904 | -€6,409 | €4,611 | +€11,020 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,409 | €4,611 | +€11,020 |
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 15 October 2026 via checked.be.