PRETIUM STRATEGY: what changed
Two fiscal 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.
PRETIUM STRATEGY
Largest movements
- Cash -€116,477
down €116,477 (-80.3%), from €144,987 to €28,510
mainly Contributions, distributions and other (-€210,437) and Tax, wage and social debts (-€34,278)
- Receivables within one year +€25,453
up €25,453 (+38.3%), from €66,490 to €91,944
of which Trade receivables: +€27,064
- Current investments +€15,739
up €15,739 (+31.3%), from €50,300 to €66,039
- Tangible fixed assets +€7,589
up €7,589 (+1608.1%), from €472 to €8,061
- Tax, wage and social debts -€34,278
down €34,278 (-79.1%), from €43,344 to €9,066
- Other debts -€32,315
down €32,315 (-15.1%), from €214,404 to €182,089
- Gross operating margin -€43,341
down €43,341 (-13.2%), from €327,767 to €284,426
- Taxes -€13,598
down €13,598 (-15.9%), from €85,294 to €71,697
- Financial income -€6,537
down €6,537 (-68.4%), from €9,551 to €3,014
- Financial charges +€3,421
up €3,421 (+1463.0%), from €234 to €3,655
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 | €264,295 | €197,153 | -€67,142 | -25.4% |
| Fixed assets | 21/28 | €472 | €8,061 | +€7,589 | +1608.1% |
| Tangible fixed assets | 22/27 | €472 | €8,061 | +€7,589 | +1608.1% |
| Furniture and vehicles | 24 | €472 | €8,061 | +€7,589 | +1608.1% |
| Current assets | 29/58 | €263,823 | €189,092 | -€74,731 | -28.3% |
| Amounts receivable within one year | 40/41 | €66,490 | €91,944 | +€25,453 | +38.3% |
| Trade receivables | 40 | €62,375 | €89,439 | +€27,064 | +43.4% |
| Other amounts receivable | 41 | €4,115 | €2,505 | -€1,611 | -39.1% |
| Current investments | 50/53 | €50,300 | €66,039 | +€15,739 | +31.3% |
| Cash at bank and in hand | 54/58 | €144,987 | €28,510 | -€116,477 | -80.3% |
| Deferred charges and accrued income | 490/1 | €2,046 | €2,599 | +€554 | +27.1% |
| Total equity and liabilities | 10/49 | €264,295 | €197,153 | -€67,142 | -25.4% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €259,295 | €192,153 | -€67,142 | -25.9% |
| Amounts payable within one year | 42/48 | €259,295 | €192,153 | -€67,142 | -25.9% |
| Trade debts | 44 | €1,547 | €998 | -€549 | -35.5% |
| Suppliers | 440/4 | €1,547 | €998 | -€549 | -35.5% |
| Taxes, remuneration and social security | 45 | €43,344 | €9,066 | -€34,278 | -79.1% |
| Taxes | 450/3 | €43,344 | €9,066 | -€34,278 | -79.1% |
| Other amounts payable | 47/48 | €214,404 | €182,089 | -€32,315 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €670 | €616 | -€54 | -8.1% |
| Other operating charges | 640/8 | €1,011 | €1,036 | +€25 | +2.5% |
| Gross operating margin | 9900 | €327,767 | €284,426 | -€43,341 | -13.2% |
| Operating profit (loss) | 9901 | €326,086 | €282,775 | -€43,311 | -13.3% |
| Financial income | 75/76B | €9,551 | €3,014 | -€6,537 | -68.4% |
| Recurring financial income | 75 | €9,551 | €3,014 | -€6,537 | -68.4% |
| Financial charges | 65/66B | €234 | €3,655 | +€3,421 | +1463.0% |
| Recurring financial charges | 65 | €234 | €3,655 | +€3,421 | +1463.0% |
| Profit (loss) for the period before taxes | 9903 | €335,402 | €282,133 | -€53,269 | -15.9% |
| Income taxes | 67/77 | €85,294 | €71,697 | -€13,598 | -15.9% |
| Profit (loss) for the period | 9904 | €250,108 | €210,437 | -€39,671 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €250,108 | €210,437 | -€39,671 | -15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.