PR Vastgoedprojects: 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.
PR Vastgoedprojects
Largest movements
- Tangible fixed assets -€9,809
down €9,809 (-1.7%), from €585,709 to €575,900
of which Land and buildings: -€9,433
- Cash +€7,014
up €7,014 (+187%), from €3,753 to €10,767
mainly Debts after one year (+€22,487) and Net result for the year (+€18,368)
- Short-term financial debts -€39,887
no longer reported in 2024 (was €39,887)
- Debts after one year +€22,487
up €22,487 (+25.2%), from €89,152 to €111,639
of which Financial debts: +€42,652
- Profit (loss) carried forward +€18,368
up €18,368 (+12.8%), from -€143,483 to -€125,114
- Trade debts -€11,538
down €11,538 (-36.0%), from €32,065 to €20,527
- Tax, wage and social debts +€10,821
up €10,821 (+131%), from €8,270 to €19,091
of which Taxes: +€10,251
- Gross operating margin +€9,908
up €9,908 (+20.8%), from €47,702 to €57,610
- Taxes +€2,110
up €2,110 (+28.5%), from €7,392 to €9,502
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €625,034 | €624,520 | -€514 | -0.1% |
| Fixed assets | 21/28 | €585,709 | €575,900 | -€9,809 | -1.7% |
| Tangible fixed assets | 22/27 | €585,709 | €575,900 | -€9,809 | -1.7% |
| Land and buildings | 22 | €584,843 | €575,410 | -€9,433 | -1.6% |
| Furniture and vehicles | 24 | €866 | €490 | -€376 | -43.4% |
| Current assets | 29/58 | €39,324 | €48,620 | +€9,296 | +23.6% |
| Amounts receivable within one year | 40/41 | €16,034 | €16,175 | +€141 | +0.9% |
| Trade receivables | 40 | €16,034 | €16,175 | +€141 | +0.9% |
| Cash at bank and in hand | 54/58 | €3,753 | €10,767 | +€7,014 | +187% |
| Deferred charges and accrued income | 490/1 | €19,537 | €21,678 | +€2,141 | +11.0% |
| Total equity and liabilities | 10/49 | €625,034 | €624,520 | -€514 | -0.1% |
| Equity | 10/15 | €428,517 | €446,886 | +€18,368 | +4.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,483 | -€125,114 | +€18,368 | +12.8% |
| Amounts payable | 17/49 | €196,516 | €177,634 | -€18,882 | -9.6% |
| Amounts payable after more than one year | 17 | €89,152 | €111,639 | +€22,487 | +25.2% |
| Financial debts | 170/4 | €61,419 | €104,071 | +€42,652 | +69.4% |
| Other amounts payable | 178/9 | €27,733 | €7,568 | -€20,165 | -72.7% |
| Amounts payable within one year | 42/48 | €104,133 | €64,847 | -€39,286 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €23,911 | €23,359 | -€552 | -2.3% |
| Financial debts | 43 | €39,887 | - | -€39,887 | |
| Credit institutions | 430/8 | €39,887 | - | -€39,887 | |
| Trade debts | 44 | €32,065 | €20,527 | -€11,538 | -36.0% |
| Suppliers | 440/4 | €32,065 | €20,527 | -€11,538 | -36.0% |
| Taxes, remuneration and social security | 45 | €8,270 | €19,091 | +€10,821 | +131% |
| Taxes | 450/3 | €7,979 | €18,231 | +€10,251 | +128% |
| Remuneration and social security | 454/9 | €291 | €861 | +€570 | +196% |
| Other amounts payable | 47/48 | - | €1,870 | +€1,870 | |
| Accrued charges and deferred income | 492/3 | €3,231 | €1,147 | -€2,083 | -64.5% |
| Remuneration, social security and pensions | 62 | €4,173 | €4,591 | +€418 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,907 | €9,809 | -€97 | -1.0% |
| Other operating charges | 640/8 | €5,982 | €6,233 | +€251 | +4.2% |
| Gross operating margin | 9900 | €47,702 | €57,610 | +€9,908 | +20.8% |
| Operating profit (loss) | 9901 | €27,640 | €36,977 | +€9,337 | +33.8% |
| Financial charges | 65/66B | €9,650 | €9,106 | -€543 | -5.6% |
| Recurring financial charges | 65 | €9,650 | €9,106 | -€543 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €17,990 | €27,870 | +€9,880 | +54.9% |
| Income taxes | 67/77 | €7,392 | €9,502 | +€2,110 | +28.5% |
| Profit (loss) for the period | 9904 | €10,598 | €18,368 | +€7,771 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,598 | €18,368 | +€7,771 | +73.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.