PRE - EXPRESS: 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.
PRE - EXPRESS
Largest movements
- Receivables within one year +€49,049
up €49,049 (+184%), from €26,633 to €75,681
of which Trade receivables: +€46,851
- Cash +€4,286
up €4,286 (+101%), from €4,247 to €8,533
mainly Trade debts (+€54,041) and Depreciation (+€3,188)
- Tangible fixed assets -€3,188
down €3,188 (-42.7%), from €7,468 to €4,280
of which Furniture and vehicles: -€2,833
- Trade debts +€54,041
up €54,041 (+16,696%), from €324 to €54,365
- Tax, wage and social debts -€2,970
down €2,970 (-72.7%), from €4,086 to €1,116
- Gross operating margin -€8,970
down €8,970 (-62.8%), from €14,286 to €5,316
- Taxes -€3,270
down €3,270 (-80.0%), from €4,086 to €816
- Depreciation +€1,164
up €1,164 (+57.5%), from €2,024 to €3,188
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 | €38,459 | €89,062 | +€50,603 | +132% |
| Fixed assets | 21/28 | €7,468 | €4,280 | -€3,188 | -42.7% |
| Tangible fixed assets | 22/27 | €7,468 | €4,280 | -€3,188 | -42.7% |
| Plant, machinery and equipment | 23 | €621 | €266 | -€355 | -57.1% |
| Furniture and vehicles | 24 | €6,847 | €4,014 | -€2,833 | -41.4% |
| Current assets | 29/58 | €30,990 | €84,782 | +€53,792 | +174% |
| Amounts receivable within one year | 40/41 | €26,633 | €75,681 | +€49,049 | +184% |
| Trade receivables | 40 | €20,720 | €67,571 | +€46,851 | +226% |
| Other amounts receivable | 41 | €5,913 | €8,111 | +€2,198 | +37.2% |
| Cash at bank and in hand | 54/58 | €4,247 | €8,533 | +€4,286 | +101% |
| Deferred charges and accrued income | 490/1 | €111 | €567 | +€457 | +413% |
| Total equity and liabilities | 10/49 | €38,459 | €89,062 | +€50,603 | +132% |
| Equity | 10/15 | €33,049 | €32,581 | -€468 | -1.4% |
| Contributions | 10/11 | €16,857 | €16,857 | = | 0.0% |
| Reserves | 13 | €8,098 | €8,098 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €6,239 | €6,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,094 | €7,627 | -€468 | -5.8% |
| Amounts payable | 17/49 | €5,410 | €56,481 | +€51,071 | +944% |
| Amounts payable within one year | 42/48 | €5,410 | €56,481 | +€51,071 | +944% |
| Trade debts | 44 | €324 | €54,365 | +€54,041 | +16,696% |
| Suppliers | 440/4 | €324 | €54,365 | +€54,041 | +16,696% |
| Taxes, remuneration and social security | 45 | €4,086 | €1,116 | -€2,970 | -72.7% |
| Taxes | 450/3 | €4,086 | €1,116 | -€2,970 | -72.7% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,024 | €3,188 | +€1,164 | +57.5% |
| Other operating charges | 640/8 | €817 | €680 | -€137 | -16.8% |
| Non-recurring operating charges | 66A | €984 | - | -€984 | |
| Gross operating margin | 9900 | €14,286 | €5,316 | -€8,970 | -62.8% |
| Operating profit (loss) | 9901 | €10,461 | €1,448 | -€9,012 | -86.2% |
| Financial income | 75/76B | - | €90 | +€90 | |
| Recurring financial income | 75 | - | €90 | +€90 | |
| Financial charges | 65/66B | €136 | €190 | +€54 | +40.0% |
| Recurring financial charges | 65 | €136 | €190 | +€54 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €10,325 | €1,348 | -€8,976 | -86.9% |
| Income taxes | 67/77 | €4,086 | €816 | -€3,270 | -80.0% |
| Profit (loss) for the period | 9904 | €6,239 | €532 | -€5,706 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,239 | €532 | -€5,706 | -91.5% |
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 14 October 2026 via checked.be.