PREUDINVEST: 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.
PREUDINVEST
Largest movements
- Tangible fixed assets +€609,686
up €609,686 (+67.9%), from €897,474 to €1.5m
of which Land and buildings: +€333,476
- Receivables within one year +€362,917
up €362,917 (+31,656%), from €1,146 to €364,063
of which Other amounts receivable: +€350,807
- Debts after one year +€691,363
up €691,363 (+256%), from €270,323 to €961,685
- Other debts +€256,887
up €256,887 (+431%), from €59,565 to €316,451
- Current portion of long-term debt +€28,204
up €28,204 (+109%), from €25,848 to €54,052
- Depreciation +€7,035
up €7,035 (+21.4%), from €32,950 to €39,986
- Financial charges +€6,848
up €6,848 (+201%), from €3,405 to €10,253
- Gross operating margin -€5,771
down €5,771 (-10.4%), from €55,657 to €49,886
- Taxes -€3,128
down €3,128 (-100%), from €3,128 to €0
- Other operating charges +€930
up €930 (+11.9%), from €7,823 to €8,754
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 | €901,539 | €1,876,543 | +€975,005 | +108% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €897,474 | €1,507,160 | +€609,686 | +67.9% |
| Tangible fixed assets | 22/27 | €897,474 | €1,507,160 | +€609,686 | +67.9% |
| Land and buildings | 22 | €824,119 | €1,157,595 | +€333,476 | +40.5% |
| Furniture and vehicles | 24 | €537 | €5,518 | +€4,981 | +927% |
| Assets under construction and advance payments | 27 | €72,818 | €344,047 | +€271,229 | +372% |
| Current assets | 29/58 | €4,064 | €369,383 | +€365,319 | +8,989% |
| Amounts receivable within one year | 40/41 | €1,146 | €364,063 | +€362,917 | +31,656% |
| Trade receivables | 40 | - | €12,110 | +€12,110 | |
| Other amounts receivable | 41 | €1,146 | €351,953 | +€350,807 | +30,600% |
| Cash at bank and in hand | 54/58 | €2,918 | €5,320 | +€2,402 | +82.3% |
| Total equity and liabilities | 10/49 | €901,539 | €1,876,543 | +€975,005 | +108% |
| Equity | 10/15 | €496,848 | €487,741 | -€9,107 | -1.8% |
| Contributions | 10/11 | €470,000 | €470,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,848 | €17,741 | -€9,107 | -33.9% |
| Amounts payable | 17/49 | €404,690 | €1,388,802 | +€984,112 | +243% |
| Amounts payable after more than one year | 17 | €270,323 | €961,685 | +€691,363 | +256% |
| Financial debts | 170/4 | €270,323 | €961,685 | +€691,363 | +256% |
| Amounts payable within one year | 42/48 | €133,717 | €427,117 | +€293,399 | +219% |
| Current portion of amounts payable after more than one year | 42 | €25,848 | €54,052 | +€28,204 | +109% |
| Trade debts | 44 | €45,177 | €53,486 | +€8,309 | +18.4% |
| Suppliers | 440/4 | €45,177 | €53,486 | +€8,309 | +18.4% |
| Taxes, remuneration and social security | 45 | €3,128 | €3,128 | = | 0.0% |
| Taxes | 450/3 | €3,128 | €3,128 | = | 0.0% |
| Other amounts payable | 47/48 | €59,565 | €316,451 | +€256,887 | +431% |
| Accrued charges and deferred income | 492/3 | €650 | - | -€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,950 | €39,986 | +€7,035 | +21.4% |
| Other operating charges | 640/8 | €7,823 | €8,754 | +€930 | +11.9% |
| Gross operating margin | 9900 | €55,657 | €49,886 | -€5,771 | -10.4% |
| Operating profit (loss) | 9901 | €14,884 | €1,146 | -€13,737 | -92.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,405 | €10,253 | +€6,848 | +201% |
| Recurring financial charges | 65 | €3,405 | €10,253 | +€6,848 | +201% |
| Profit (loss) for the period before taxes | 9903 | €11,479 | -€9,107 | -€20,586 | |
| Income taxes | 67/77 | €3,128 | €0 | -€3,128 | -100% |
| Profit (loss) for the period | 9904 | €8,351 | -€9,107 | -€17,458 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,351 | -€9,107 | -€17,458 |
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 30 October 2026 via checked.be.