PREAT MOTOR: what changed
PREAT MOTOR
Largest movements
- Receivables within one year -€90,798
down €90,798 (-83.5%), from €108,775 to €17,976
of which Trade receivables: -€81,927
- Stocks and contracts +€39,474
up €39,474 (+58.8%), from €67,091 to €106,565
- Tangible fixed assets +€4,852
up €4,852 (+5.1%), from €95,225 to €100,077
of which Plant, machinery and equipment: +€4,479
- Cash +€4,122
up €4,122 (+165%), from €2,494 to €6,616
mainly Receivables within one year (+€90,798) and Debts after one year (+€50,000)
- Short-term financial debts -€68,492
down €68,492 (-69.8%), from €98,180 to €29,688
- Debts after one year +€50,000
up €50,000 (+403%), from €12,400 to €62,400
- Tax, wage and social debts -€17,184
down €17,184 (-65.8%), from €26,097 to €8,912
of which Taxes: -€16,794
- Other debts +€9,252
up €9,252 (+85.4%), from €10,838 to €20,090
- Profit (loss) carried forward -€8,740
down €8,740 (-8.5%), from €102,471 to €93,731
- Other operating charges +€8,002
up €8,002 (+779%), from €1,027 to €9,029
- Gross operating margin -€4,626
down €4,626 (-13.2%), from €35,044 to €30,417
- Financial charges -€3,477
down €3,477 (-32.1%), from €10,822 to €7,345
- Depreciation +€1,038
up €1,038 (+6.6%), from €15,665 to €16,703
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,079 | €247,852 | -€42,227 | -14.6% |
| Fixed assets | 21/28 | €95,325 | €100,176 | +€4,852 | +5.1% |
| Tangible fixed assets | 22/27 | €95,225 | €100,077 | +€4,852 | +5.1% |
| Land and buildings | 22 | €90,122 | €90,494 | +€372 | +0.4% |
| Plant, machinery and equipment | 23 | €5,103 | €9,582 | +€4,479 | +87.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €194,754 | €147,676 | -€47,079 | -24.2% |
| Stocks and contracts in progress | 3 | €67,091 | €106,565 | +€39,474 | +58.8% |
| Stocks | 30/36 | €67,091 | €106,565 | +€39,474 | +58.8% |
| Amounts receivable within one year | 40/41 | €108,775 | €17,976 | -€90,798 | -83.5% |
| Trade receivables | 40 | €92,815 | €10,888 | -€81,927 | -88.3% |
| Other amounts receivable | 41 | €15,959 | €7,088 | -€8,871 | -55.6% |
| Current investments | 50/53 | - | €300 | +€300 | |
| Cash at bank and in hand | 54/58 | €2,494 | €6,616 | +€4,122 | +165% |
| Deferred charges and accrued income | 490/1 | €16,394 | €16,218 | -€176 | -1.1% |
| Total equity and liabilities | 10/49 | €290,079 | €247,852 | -€42,227 | -14.6% |
| Equity | 10/15 | €134,362 | €125,622 | -€8,740 | -6.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €6,891 | €6,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,391 | €4,391 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,471 | €93,731 | -€8,740 | -8.5% |
| Amounts payable | 17/49 | €155,717 | €122,230 | -€33,487 | -21.5% |
| Amounts payable after more than one year | 17 | €12,400 | €62,400 | +€50,000 | +403% |
| Other amounts payable | 178/9 | €12,400 | €62,400 | +€50,000 | +403% |
| Amounts payable within one year | 42/48 | €143,317 | €59,830 | -€83,487 | -58.3% |
| Current portion of amounts payable after more than one year | 42 | €3,472 | - | -€3,472 | |
| Financial debts | 43 | €98,180 | €29,688 | -€68,492 | -69.8% |
| Credit institutions | 430/8 | €98,180 | €29,688 | -€68,492 | -69.8% |
| Trade debts | 44 | €4,730 | €1,140 | -€3,590 | -75.9% |
| Suppliers | 440/4 | €4,730 | €1,140 | -€3,590 | -75.9% |
| Taxes, remuneration and social security | 45 | €26,097 | €8,912 | -€17,184 | -65.8% |
| Taxes | 450/3 | €25,406 | €8,612 | -€16,794 | -66.1% |
| Remuneration and social security | 454/9 | €690 | €300 | -€390 | -56.5% |
| Other amounts payable | 47/48 | €10,838 | €20,090 | +€9,252 | +85.4% |
| Remuneration, social security and pensions | 62 | €6,007 | €6,082 | +€74 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,665 | €16,703 | +€1,038 | +6.6% |
| Other operating charges | 640/8 | €1,027 | €9,029 | +€8,002 | +779% |
| Gross operating margin | 9900 | €35,044 | €30,417 | -€4,626 | -13.2% |
| Operating profit (loss) | 9901 | €12,345 | -€1,396 | -€13,741 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10,822 | €7,345 | -€3,477 | -32.1% |
| Recurring financial charges | 65 | €10,822 | €7,345 | -€3,477 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €1,523 | -€8,740 | -€10,263 | |
| Profit (loss) for the period | 9904 | €1,523 | -€8,740 | -€10,263 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,523 | -€8,740 | -€10,263 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.