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P.S. GENERAL CONSTRUCT: 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

P.S. GENERAL CONSTRUCT

BE 0799.235.458
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,596
2023 · €32,795-€29,198
Equity
€36,391
2023 · €32,795+€3,596
Cash
€8,248
2023 · €153+€8,095
Balance sheet total
€64,832
2023 · €75,891-€11,058

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€44,048

    down €44,048 (-71.9%), from €61,272 to €17,224

    of which Trade receivables: -€43,472

  • Deferred charges and accrued income +€29,251

    up €29,251 (+2301.8%), from €1,271 to €30,521

  • Cash +€8,095

    up €8,095 (+5286.1%), from €153 to €8,248

    mainly Receivables within one year (+€44,048) and Depreciation (+€3,749)

  • Tangible fixed assets -€4,523

    down €4,523 (-34.3%), from €13,195 to €8,672

    of which Furniture and vehicles: -€6,832

Equity and liabilities
  • Trade debts -€18,786

    down €18,786 (-85.0%), from €22,097 to €3,312

  • Profit (loss) carried forward +€3,596

    up €3,596 (+11.0%), from €32,795 to €36,391

  • Tax, wage and social debts +€2,125

    up €2,125 (+10.1%), from €20,998 to €23,123

    of which Taxes: +€6,131

  • Other debts +€1,887

    new in 2024: €1,887

Income statement
  • Gross operating margin -€24,289

    down €24,289 (-47.6%), from €51,072 to €26,783

  • Taxes -€6,328

    down €6,328 (-67.1%), from €9,428 to €3,100

  • Other operating charges +€5,682

    up €5,682 (+150.3%), from €3,780 to €9,462

  • Financial charges +€4,113

    up €4,113 (+113.2%), from €3,632 to €7,745

  • Depreciation +€2,309

    up €2,309 (+160.3%), from €1,440 to €3,749

From the 2023 result to the 2024 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 2023 €32,795
Gross operating margin -€24,289
Depreciation -€2,309
Other operating charges -€5,682
Financial income +€866
Financial charges -€4,113
Taxes +€6,328
Result 2024 €3,596

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€7,488
Investment +€607
Financing €0
Cash 2023 €153
Net result for the year +€3,596
Depreciation +€3,749
Receivables within one year +€44,048
Deferred charges and accrued income -€29,251
Trade debts -€18,786
Tax, wage and social debts +€2,125
Other debts +€1,887
Accrued charges and deferred income +€119
Investment in fixed assets (net) +€607
Cash 2024 €8,248
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €75,891 €64,832 -€11,058 -14.6%
Fixed assets 21/28 €13,195 €8,838 -€4,356 -33.0%
Tangible fixed assets 22/27 €13,195 €8,672 -€4,523 -34.3%
Plant, machinery and equipment 23 €674 €2,983 +€2,309 +342.5%
Furniture and vehicles 24 €12,520 €5,689 -€6,832 -54.6%
Financial fixed assets 28 - €167 +€167
Current assets 29/58 €62,696 €55,994 -€6,702 -10.7%
Amounts receivable within one year 40/41 €61,272 €17,224 -€44,048 -71.9%
Trade receivables 40 €58,176 €14,704 -€43,472 -74.7%
Other amounts receivable 41 €3,096 €2,520 -€576 -18.6%
Cash at bank and in hand 54/58 €153 €8,248 +€8,095 +5286.1%
Deferred charges and accrued income 490/1 €1,271 €30,521 +€29,251 +2301.8%
Total equity and liabilities 10/49 €75,891 €64,832 -€11,058 -14.6%
Equity 10/15 €32,795 €36,391 +€3,596 +11.0%
Profit (loss) carried forward 14 €32,795 €36,391 +€3,596 +11.0%
Amounts payable 17/49 €43,096 €28,441 -€14,655 -34.0%
Amounts payable within one year 42/48 €43,096 €28,322 -€14,774 -34.3%
Trade debts 44 €22,097 €3,312 -€18,786 -85.0%
Suppliers 440/4 €22,097 €3,312 -€18,786 -85.0%
Taxes, remuneration and social security 45 €20,998 €23,123 +€2,125 +10.1%
Taxes 450/3 €9,428 €15,559 +€6,131 +65.0%
Remuneration and social security 454/9 €11,570 €7,564 -€4,006 -34.6%
Other amounts payable 47/48 - €1,887 +€1,887
Accrued charges and deferred income 492/3 - €119 +€119
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,440 €3,749 +€2,309 +160.3%
Other operating charges 640/8 €3,780 €9,462 +€5,682 +150.3%
Gross operating margin 9900 €51,072 €26,783 -€24,289 -47.6%
Operating profit (loss) 9901 €45,852 €13,572 -€32,280 -70.4%
Financial income 75/76B €3 €869 +€866 +28867.0%
Recurring financial income 75 €3 €869 +€866 +28867.0%
Financial charges 65/66B €3,632 €7,745 +€4,113 +113.2%
Recurring financial charges 65 €3,632 €7,745 +€4,113 +113.2%
Profit (loss) for the period before taxes 9903 €42,223 €6,696 -€35,527 -84.1%
Income taxes 67/77 €9,428 €3,100 -€6,328 -67.1%
Profit (loss) for the period 9904 €32,795 €3,596 -€29,198 -89.0%
Profit (loss) for the period to be appropriated 9905 €32,795 €3,596 -€29,198 -89.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.