PREMIUM DEVELOPMENT GROUP: 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.
PREMIUM DEVELOPMENT GROUP
Largest movements
- Receivables within one year +€22,273
up €22,273 (+8.7%), from €256,011 to €278,284
of which Other amounts receivable: +€27,145
- Tangible fixed assets -€13,232
down €13,232 (-17.8%), from €74,353 to €61,122
of which Other tangible fixed assets: -€10,370
- Profit (loss) carried forward -€12,923
down €12,923 (-1.0%), from -€1.3m to -€1.4m
- Other debts +€12,230
up €12,230 (+8.4%), from €146,392 to €158,622
- Financial income +€3,141
up €3,141 (+74.2%), from €4,234 to €7,375
- Gross operating margin +€2,041
up €2,041 (+33.7%), from -€6,048 to -€4,007
- Financial charges +€1,335
up €1,335 (+283%), from €471 to €1,806
- Taxes -€1,200
down €1,200 (-92.8%), from €1,292 to €93
- Other operating charges +€1,160
up €1,160, from €0 to €1,160
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 | €663,228 | €670,667 | +€7,439 | +1.1% |
| Fixed assets | 21/28 | €74,353 | €61,122 | -€13,232 | -17.8% |
| Tangible fixed assets | 22/27 | €74,353 | €61,122 | -€13,232 | -17.8% |
| Furniture and vehicles | 24 | €4,386 | €1,524 | -€2,862 | -65.3% |
| Other tangible fixed assets | 26 | €69,967 | €59,598 | -€10,370 | -14.8% |
| Current assets | 29/58 | €588,874 | €609,545 | +€20,671 | +3.5% |
| Stocks and contracts in progress | 3 | €195,000 | €195,000 | = | 0.0% |
| Stocks | 30/36 | €195,000 | €195,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €256,011 | €278,284 | +€22,273 | +8.7% |
| Trade receivables | 40 | €11,679 | €6,807 | -€4,872 | -41.7% |
| Other amounts receivable | 41 | €244,332 | €271,477 | +€27,145 | +11.1% |
| Cash at bank and in hand | 54/58 | €1,602 | €0 | -€1,602 | -100% |
| Deferred charges and accrued income | 490/1 | €136,262 | €136,262 | = | 0.0% |
| Total equity and liabilities | 10/49 | €663,228 | €670,667 | +€7,439 | +1.1% |
| Equity | 10/15 | €54,261 | €41,338 | -€12,923 | -23.8% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,345,739 | -€1,358,662 | -€12,923 | -1.0% |
| Amounts payable | 17/49 | €608,967 | €629,329 | +€20,362 | +3.3% |
| Amounts payable after more than one year | 17 | €437,839 | €437,839 | = | 0.0% |
| Financial debts | 170/4 | €437,839 | €437,839 | = | 0.0% |
| Amounts payable within one year | 42/48 | €170,628 | €190,990 | +€20,362 | +11.9% |
| Financial debts | 43 | - | €4,368 | +€4,368 | |
| Credit institutions | 430/8 | - | €4,368 | +€4,368 | |
| Trade debts | 44 | €24,023 | €27,694 | +€3,672 | +15.3% |
| Suppliers | 440/4 | €24,023 | €27,694 | +€3,672 | +15.3% |
| Taxes, remuneration and social security | 45 | €214 | €306 | +€93 | +43.4% |
| Taxes | 450/3 | €214 | €306 | +€93 | +43.4% |
| Other amounts payable | 47/48 | €146,392 | €158,622 | +€12,230 | +8.4% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,232 | €13,232 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €1,160 | +€1,160 | |
| Gross operating margin | 9900 | -€6,048 | -€4,007 | +€2,041 | +33.7% |
| Operating profit (loss) | 9901 | -€19,279 | -€18,399 | +€881 | +4.6% |
| Financial income | 75/76B | €4,234 | €7,375 | +€3,141 | +74.2% |
| Recurring financial income | 75 | €4,234 | €7,375 | +€3,141 | +74.2% |
| Financial charges | 65/66B | €471 | €1,806 | +€1,335 | +283% |
| Recurring financial charges | 65 | €471 | €1,806 | +€1,335 | +283% |
| Profit (loss) for the period before taxes | 9903 | -€15,517 | -€12,830 | +€2,686 | +17.3% |
| Income taxes | 67/77 | €1,292 | €93 | -€1,200 | -92.8% |
| Profit (loss) for the period | 9904 | -€16,809 | -€12,923 | +€3,886 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,809 | -€12,923 | +€3,886 | +23.1% |
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.