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Prev'eau: 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.

What changed

Prev'eau

BE 0862.295.158
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,354
2024 · €18,308+€8,047
Equity
€40,941
2024 · €14,586+€26,354
Cash
€19,618
2024 · -+€19,618
Balance sheet total
€218,425
2024 · €239,825-€21,399

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€59,284

    down €59,284 (-33.6%), from €176,677 to €117,393

    of which Trade receivables: -€52,632

  • Cash +€19,618

    new in 2025: €19,618

    mainly Receivables within one year (+€59,284) and Net result for the year (+€26,354)

  • Tangible fixed assets +€13,980

    up €13,980 (+24.3%), from €57,444 to €71,424

  • Financial fixed assets +€4,050

    up €4,050 (+4520.6%), from €90 to €4,140

Equity and liabilities
  • Trade debts -€75,696

    down €75,696 (-62.1%), from €121,914 to €46,218

  • Profit (loss) carried forward +€26,354

    up €26,354, from -€10,374 to €15,981

  • Debts after one year +€22,914

    new in 2025: €22,914

  • Other debts -€18,409

    down €18,409 (-21.0%), from €87,467 to €69,058

  • Current portion of long-term debt +€15,085

    new in 2025: €15,085

Income statement
  • Gross operating margin +€138,368

    up €138,368 (+280.3%), from €49,359 to €187,727

  • Staff costs +€114,194

    up €114,194 (+1323.3%), from €8,629 to €122,823

  • Depreciation +€11,532

    up €11,532 (+137.9%), from €8,364 to €19,896

  • Taxes +€5,420

    up €5,420 (+90.6%), from €5,980 to €11,400

  • Other operating charges -€2,065

    down €2,065 (-36.9%), from €5,595 to €3,530

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,308
Gross operating margin +€138,368
Staff costs -€114,194
Depreciation -€11,532
Other operating charges +€2,065
Financial income -€111
Financial charges -€1,130
Taxes -€5,420
Result 2025 €26,354

Cash bridge derived

cash 2024 to 2025

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.

From operations +€19,852
Investment -€37,926
Financing +€37,692
Cash 2024 €0
Net result for the year +€26,354
Depreciation +€19,896
Receivables within one year +€59,284
Deferred charges and accrued income -€237
Trade debts -€75,696
Tax, wage and social debts +€11,772
Other debts -€18,409
Accrued charges and deferred income -€3,113
Investment in fixed assets (net) -€37,926
Debts after one year +€22,914
Current portion of long-term debt +€15,085
Short-term financial debts -€307
Cash 2025 €19,618
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €239,825 €218,425 -€21,399 -8.9%
Fixed assets 21/28 €57,534 €75,564 +€18,030 +31.3%
Tangible fixed assets 22/27 €57,444 €71,424 +€13,980 +24.3%
Furniture and vehicles 24 €57,444 €71,424 +€13,980 +24.3%
Financial fixed assets 28 €90 €4,140 +€4,050 +4520.6%
Current assets 29/58 €182,291 €142,861 -€39,430 -21.6%
Stocks and contracts in progress 3 €4,500 €4,500 = 0.0%
Stocks 30/36 €4,500 €4,500 = 0.0%
Amounts receivable within one year 40/41 €176,677 €117,393 -€59,284 -33.6%
Trade receivables 40 €154,208 €101,575 -€52,632 -34.1%
Other amounts receivable 41 €22,469 €15,817 -€6,652 -29.6%
Cash at bank and in hand 54/58 - €19,618 +€19,618
Deferred charges and accrued income 490/1 €1,114 €1,351 +€237 +21.3%
Total equity and liabilities 10/49 €239,825 €218,425 -€21,399 -8.9%
Equity 10/15 €14,586 €40,941 +€26,354 +180.7%
Contributions 10/11 €20,460 €20,460 = 0.0%
Outside capital 11 €20,460 - -€20,460
Other 1109/19 €20,460 - -€20,460
Reserves 13 €4,500 €4,500 = 0.0%
Tax-exempt reserves 132 €4,500 €4,500 = 0.0%
Profit (loss) carried forward 14 -€10,374 €15,981 +€26,354
Amounts payable 17/49 €225,238 €177,485 -€47,754 -21.2%
Amounts payable after more than one year 17 - €22,914 +€22,914
Financial debts 170/4 - €22,914 +€22,914
Amounts payable within one year 42/48 €221,819 €154,265 -€67,554 -30.5%
Current portion of amounts payable after more than one year 42 - €15,085 +€15,085
Financial debts 43 €5,791 €5,485 -€307 -5.3%
Credit institutions 430/8 €5,791 €5,485 -€307 -5.3%
Trade debts 44 €121,914 €46,218 -€75,696 -62.1%
Suppliers 440/4 €121,914 €46,218 -€75,696 -62.1%
Taxes, remuneration and social security 45 €6,647 €18,419 +€11,772 +177.1%
Taxes 450/3 €5,980 €17,902 +€11,922 +199.4%
Remuneration and social security 454/9 €668 €518 -€150 -22.5%
Other amounts payable 47/48 €87,467 €69,058 -€18,409 -21.0%
Accrued charges and deferred income 492/3 €3,419 €306 -€3,113 -91.0%
Remuneration, social security and pensions 62 €8,629 €122,823 +€114,194 +1323.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,364 €19,896 +€11,532 +137.9%
Other operating charges 640/8 €5,595 €3,530 -€2,065 -36.9%
Gross operating margin 9900 €49,359 €187,727 +€138,368 +280.3%
Operating profit (loss) 9901 €26,770 €41,478 +€14,708 +54.9%
Financial income 75/76B €193 €82 -€111 -57.5%
Recurring financial income 75 €193 €82 -€111 -57.5%
Financial charges 65/66B €2,675 €3,805 +€1,130 +42.2%
Recurring financial charges 65 €2,675 €3,805 +€1,130 +42.2%
Profit (loss) for the period before taxes 9903 €24,287 €37,754 +€13,467 +55.4%
Income taxes 67/77 €5,980 €11,400 +€5,420 +90.6%
Profit (loss) for the period 9904 €18,308 €26,354 +€8,047 +44.0%
Profit (loss) for the period to be appropriated 9905 €18,308 €26,354 +€8,047 +44.0%

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 30 September 2026 via checked.be.