Premium Mares: 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 Mares
Largest movements
- Cash +€431,679
up €431,679 (+41.6%), from €1.0m to €1.5m
mainly Investment in fixed assets (net) (+€204,638) and Receivables within one year (+€131,514)
- Tangible fixed assets -€263,153
down €263,153 (-37.9%), from €695,040 to €431,887
of which Other tangible fixed assets: -€262,193
- Receivables within one year -€131,514
down €131,514 (-9.5%), from €1.4m to €1.2m
of which Trade receivables: -€552,414
- Trade debts +€62,511
up €62,511 (+85.4%), from €73,227 to €135,737
- Gross operating margin -€250,900
down €250,900 (-79.6%), from €315,349 to €64,449
- Depreciation -€61,768
down €61,768 (-42.8%), from €144,284 to €82,516
- Other operating charges -€40,982
down €40,982 (-82.0%), from €49,949 to €8,967
- Taxes -€33,351
no longer reported in 2024 (was €33,351)
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 | €3,237,016 | €3,269,863 | +€32,847 | +1.0% |
| Fixed assets | 21/28 | €722,290 | €435,137 | -€287,153 | -39.8% |
| Tangible fixed assets | 22/27 | €695,040 | €431,887 | -€263,153 | -37.9% |
| Furniture and vehicles | 24 | €3,572 | €2,612 | -€960 | -26.9% |
| Other tangible fixed assets | 26 | €691,468 | €429,275 | -€262,193 | -37.9% |
| Financial fixed assets | 28 | €27,250 | €3,250 | -€24,000 | -88.1% |
| Current assets | 29/58 | €2,514,726 | €2,834,726 | +€320,000 | +12.7% |
| Stocks and contracts in progress | 3 | €96,000 | €116,000 | +€20,000 | +20.8% |
| Stocks | 30/36 | €96,000 | €116,000 | +€20,000 | +20.8% |
| Amounts receivable within one year | 40/41 | €1,381,443 | €1,249,929 | -€131,514 | -9.5% |
| Trade receivables | 40 | €1,340,097 | €787,684 | -€552,414 | -41.2% |
| Other amounts receivable | 41 | €41,346 | €462,246 | +€420,900 | +1,018% |
| Cash at bank and in hand | 54/58 | €1,037,118 | €1,468,797 | +€431,679 | +41.6% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €3,237,016 | €3,269,863 | +€32,847 | +1.0% |
| Equity | 10/15 | €3,123,408 | €3,095,421 | -€27,987 | -0.9% |
| Contributions | 10/11 | €2,951,500 | €2,951,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,908 | €143,921 | -€27,987 | -16.3% |
| Amounts payable | 17/49 | €113,608 | €174,442 | +€60,834 | +53.5% |
| Amounts payable within one year | 42/48 | €113,608 | €174,442 | +€60,834 | +53.5% |
| Trade debts | 44 | €73,227 | €135,737 | +€62,511 | +85.4% |
| Suppliers | 440/4 | €73,227 | €135,737 | +€62,511 | +85.4% |
| Taxes, remuneration and social security | 45 | €40,382 | €38,705 | -€1,677 | -4.2% |
| Taxes | 450/3 | €40,382 | €38,705 | -€1,677 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,284 | €82,516 | -€61,768 | -42.8% |
| Other operating charges | 640/8 | €49,949 | €8,967 | -€40,982 | -82.0% |
| Gross operating margin | 9900 | €315,349 | €64,449 | -€250,900 | -79.6% |
| Operating profit (loss) | 9901 | €121,116 | -€27,033 | -€148,149 | |
| Financial income | 75/76B | €960 | - | -€960 | |
| Recurring financial income | 75 | €960 | - | -€960 | |
| Financial charges | 65/66B | €904 | €954 | +€50 | +5.6% |
| Recurring financial charges | 65 | €904 | €954 | +€50 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €121,173 | -€27,987 | -€149,159 | |
| Income taxes | 67/77 | €33,351 | - | -€33,351 | |
| Profit (loss) for the period | 9904 | €87,822 | -€27,987 | -€115,809 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,822 | -€27,987 | -€115,809 |
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.