PREVAD: 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.
PREVAD
Largest movements
- Receivables within one year -€19,186
down €19,186 (-8.0%), from €238,693 to €219,507
of which Other amounts receivable: -€29,785
- Cash +€14,055
up €14,055 (+20.2%), from €69,518 to €83,574
mainly Net result for the year (+€54,022) and Receivables within one year (+€19,186)
- Tangible fixed assets +€5,228
up €5,228 (+91.1%), from €5,740 to €10,967
of which Plant, machinery and equipment: +€4,129
- Reserves -€11,127
down €11,127 (-3.6%), from €309,332 to €298,205
- Tax, wage and social debts +€11,064
up €11,064 (+305.7%), from €3,620 to €14,684
- Gross operating margin +€6,861
up €6,861 (+8.9%), from €77,183 to €84,044
- Taxes +€2,392
up €2,392 (+9.4%), from €25,346 to €27,739
- Depreciation +€1,438
up €1,438 (+3136.3%), from €46 to €1,484
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 | €313,951 | €314,048 | +€97 | 0.0% |
| Fixed assets | 21/28 | €5,740 | €10,967 | +€5,228 | +91.1% |
| Tangible fixed assets | 22/27 | €5,740 | €10,967 | +€5,228 | +91.1% |
| Plant, machinery and equipment | 23 | - | €4,129 | +€4,129 | |
| Furniture and vehicles | 24 | €5,740 | €6,838 | +€1,098 | +19.1% |
| Current assets | 29/58 | €308,211 | €303,081 | -€5,130 | -1.7% |
| Amounts receivable within one year | 40/41 | €238,693 | €219,507 | -€19,186 | -8.0% |
| Trade receivables | 40 | - | €10,599 | +€10,599 | |
| Other amounts receivable | 41 | €238,693 | €208,908 | -€29,785 | -12.5% |
| Cash at bank and in hand | 54/58 | €69,518 | €83,574 | +€14,055 | +20.2% |
| Total equity and liabilities | 10/49 | €313,951 | €314,048 | +€97 | 0.0% |
| Equity | 10/15 | €309,932 | €298,805 | -€11,127 | -3.6% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €309,332 | €298,205 | -€11,127 | -3.6% |
| Distributable reserves | 133 | €309,332 | €298,205 | -€11,127 | -3.6% |
| Amounts payable | 17/49 | €4,019 | €15,244 | +€11,225 | +279.3% |
| Amounts payable within one year | 42/48 | €4,019 | €15,244 | +€11,225 | +279.3% |
| Trade debts | 44 | €399 | €560 | +€161 | +40.3% |
| Suppliers | 440/4 | €399 | €560 | +€161 | +40.3% |
| Taxes, remuneration and social security | 45 | €3,620 | €14,684 | +€11,064 | +305.7% |
| Taxes | 450/3 | €3,620 | €14,684 | +€11,064 | +305.7% |
| Remuneration, social security and pensions | 62 | €786 | €72 | -€714 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46 | €1,484 | +€1,438 | +3136.3% |
| Other operating charges | 640/8 | €856 | €600 | -€256 | -29.9% |
| Gross operating margin | 9900 | €77,183 | €84,044 | +€6,861 | +8.9% |
| Operating profit (loss) | 9901 | €75,495 | €81,889 | +€6,394 | +8.5% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €285 | €132 | -€153 | -53.6% |
| Recurring financial charges | 65 | €285 | €132 | -€153 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €75,210 | €81,760 | +€6,550 | +8.7% |
| Income taxes | 67/77 | €25,346 | €27,739 | +€2,392 | +9.4% |
| Profit (loss) for the period | 9904 | €49,864 | €54,022 | +€4,158 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,864 | €54,022 | +€4,158 | +8.3% |
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 11 October 2026 via checked.be.