PRAETOR SERVICES: 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.
PRAETOR SERVICES
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves -€12,708
down €12,708 (-3.3%), from €388,725 to €376,017
of which Distributable reserves: -€12,708
- Tax, wage and social debts +€11,613
up €11,613 (+53.6%), from €21,662 to €33,275
of which Remuneration and social security: +€10,971
- Staff costs +€11,897
up €11,897 (+41.0%), from €29,020 to €40,918
- Financial charges +€1,215
up €1,215 (+55.1%), from €2,202 to €3,417
- Gross operating margin -€1,181
down €1,181 (-3.5%), from €33,398 to €32,217
- Taxes -€578
down €578 (-100%), from €578 to €0
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 | €690,189 | €690,231 | +€42 | 0.0% |
| Fixed assets | 21/28 | €689,660 | €689,660 | = | 0.0% |
| Financial fixed assets | 28 | €689,660 | €689,660 | = | 0.0% |
| Current assets | 29/58 | €529 | €570 | +€42 | +7.9% |
| Amounts receivable within one year | 40/41 | - | €63 | +€63 | |
| Other amounts receivable | 41 | - | €63 | +€63 | |
| Cash at bank and in hand | 54/58 | €529 | €507 | -€21 | -4.0% |
| Total equity and liabilities | 10/49 | €690,189 | €690,231 | +€42 | 0.0% |
| Equity | 10/15 | €487,883 | €475,175 | -€12,708 | -2.6% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €388,725 | €376,017 | -€12,708 | -3.3% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €378,810 | €366,102 | -€12,708 | -3.4% |
| Amounts payable | 17/49 | €202,306 | €215,056 | +€12,750 | +6.3% |
| Amounts payable within one year | 42/48 | €201,414 | €211,712 | +€10,298 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,921 | €4,262 | -€1,659 | -28.0% |
| Suppliers | 440/4 | €5,921 | €4,262 | -€1,659 | -28.0% |
| Taxes, remuneration and social security | 45 | €21,662 | €33,275 | +€11,613 | +53.6% |
| Taxes | 450/3 | €3,620 | €4,262 | +€642 | +17.7% |
| Remuneration and social security | 454/9 | €18,042 | €29,013 | +€10,971 | +60.8% |
| Other amounts payable | 47/48 | €173,831 | €174,176 | +€345 | +0.2% |
| Accrued charges and deferred income | 492/3 | €892 | €3,343 | +€2,451 | +275% |
| Remuneration, social security and pensions | 62 | €29,020 | €40,918 | +€11,897 | +41.0% |
| Other operating charges | 640/8 | €578 | €590 | +€12 | +2.1% |
| Gross operating margin | 9900 | €33,398 | €32,217 | -€1,181 | -3.5% |
| Operating profit (loss) | 9901 | €3,800 | -€9,291 | -€13,091 | |
| Financial charges | 65/66B | €2,202 | €3,417 | +€1,215 | +55.1% |
| Recurring financial charges | 65 | €2,202 | €3,417 | +€1,215 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €1,597 | -€12,708 | -€14,305 | |
| Income taxes | 67/77 | €578 | €0 | -€578 | -100% |
| Profit (loss) for the period | 9904 | €1,019 | -€12,708 | -€13,727 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,019 | -€12,708 | -€13,727 |
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 18 October 2026 via checked.be.