PRESTAT: 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.
PRESTAT
Largest movements
- Cash -€270,122
down €270,122 (-23.4%), from €1.2m to €882,236
mainly Contributions, distributions and other (-€470,000) and Investment in fixed assets (net) (-€301,391)
- Tangible fixed assets +€198,824
up €198,824 (+32.8%), from €605,602 to €804,426
of which Plant, machinery and equipment: +€189,084
- Receivables within one year -€117,372
down €117,372 (-15.3%), from €768,028 to €650,656
of which Trade receivables: -€166,095
- Other debts +€470,801
up €470,801 (+125246.4%), from €376 to €471,177
- Reserves -€393,630
down €393,630 (-35.0%), from €1.1m to €732,564
of which Distributable reserves: -€393,630
- Trade debts -€243,057
down €243,057 (-74.7%), from €325,292 to €82,235
- Gross operating margin -€159,064
down €159,064 (-28.7%), from €553,310 to €394,246
- Taxes -€57,090
down €57,090 (-61.9%), from €92,257 to €35,167
- Depreciation +€11,993
up €11,993 (+13.2%), from €90,573 to €102,567
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 | €2,755,643 | €2,579,958 | -€175,685 | -6.4% |
| Fixed assets | 21/28 | €605,772 | €804,596 | +€198,824 | +32.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €605,602 | €804,426 | +€198,824 | +32.8% |
| Land and buildings | 22 | €519,716 | €505,998 | -€13,718 | -2.6% |
| Plant, machinery and equipment | 23 | €85,684 | €274,768 | +€189,084 | +220.7% |
| Furniture and vehicles | 24 | €203 | €23,660 | +€23,458 | +11569.7% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €2,149,871 | €1,775,362 | -€374,509 | -17.4% |
| Stocks and contracts in progress | 3 | €226,195 | €239,420 | +€13,224 | +5.8% |
| Stocks | 30/36 | €226,195 | €239,420 | +€13,224 | +5.8% |
| Amounts receivable within one year | 40/41 | €768,028 | €650,656 | -€117,372 | -15.3% |
| Trade receivables | 40 | €759,481 | €593,386 | -€166,095 | -21.9% |
| Other amounts receivable | 41 | €8,547 | €57,270 | +€48,723 | +570.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,152,358 | €882,236 | -€270,122 | -23.4% |
| Deferred charges and accrued income | 490/1 | €3,290 | €3,051 | -€239 | -7.3% |
| Total equity and liabilities | 10/49 | €2,755,643 | €2,579,958 | -€175,685 | -6.4% |
| Equity | 10/15 | €2,390,848 | €1,997,228 | -€393,620 | -16.5% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €1,126,194 | €732,564 | -€393,630 | -35.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,126,194 | €732,564 | -€393,630 | -35.0% |
| Profit (loss) carried forward | 14 | €14,654 | €14,664 | +€10 | +0.1% |
| Amounts payable | 17/49 | €364,795 | €582,730 | +€217,935 | +59.7% |
| Amounts payable within one year | 42/48 | €364,795 | €582,730 | +€217,935 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €1,745 | €0 | -€1,745 | -100.0% |
| Trade debts | 44 | €325,292 | €82,235 | -€243,057 | -74.7% |
| Suppliers | 440/4 | €325,292 | €82,235 | -€243,057 | -74.7% |
| Taxes, remuneration and social security | 45 | €37,383 | €29,318 | -€8,064 | -21.6% |
| Taxes | 450/3 | €20,112 | €9,276 | -€10,836 | -53.9% |
| Remuneration and social security | 454/9 | €17,270 | €20,042 | +€2,771 | +16.0% |
| Other amounts payable | 47/48 | €376 | €471,177 | +€470,801 | +125246.4% |
| Remuneration, social security and pensions | 62 | €169,578 | €170,477 | +€900 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,573 | €102,567 | +€11,993 | +13.2% |
| Other operating charges | 640/8 | €7,729 | €8,520 | +€791 | +10.2% |
| Gross operating margin | 9900 | €553,310 | €394,246 | -€159,064 | -28.7% |
| Operating profit (loss) | 9901 | €285,430 | €112,682 | -€172,748 | -60.5% |
| Financial income | 75/76B | €3,218 | - | -€3,218 | |
| Recurring financial income | 75 | €3,218 | - | -€3,218 | |
| Financial charges | 65/66B | €952 | €1,135 | +€184 | +19.3% |
| Recurring financial charges | 65 | €952 | €1,135 | +€184 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €287,697 | €111,547 | -€176,150 | -61.2% |
| Income taxes | 67/77 | €92,257 | €35,167 | -€57,090 | -61.9% |
| Profit (loss) for the period | 9904 | €195,440 | €76,380 | -€119,060 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €195,440 | €76,380 | -€119,060 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.