PRENGELS-REZNOR: 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.
PRENGELS-REZNOR
Largest movements
- Cash -€79,549
down €79,549 (-65.4%), from €121,596 to €42,047
mainly Net result for the year (-€83,807) and Tax, wage and social debts (-€19,620)
- Tangible fixed assets -€26,296
down €26,296 (-23.8%), from €110,482 to €84,186
of which Land and buildings: -€18,302
- Profit (loss) carried forward -€83,807
new in 2024: -€83,807
- Tax, wage and social debts -€19,620
down €19,620 (-78.6%), from €24,971 to €5,350
- Debts after one year -€13,080
down €13,080 (-56.4%), from €23,191 to €10,111
- Advances received +€11,858
new in 2024: €11,858
- Other debts +€11,676
up €11,676 (+45.1%), from €25,875 to €37,551
- Gross operating margin -€92,971
down €92,971, from €38,597 to -€54,375
- Taxes -€4,466
down €4,466 (-93.7%), from €4,768 to €303
- Other operating charges +€700
up €700 (+20.9%), from €3,345 to €4,045
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 | €337,026 | €233,883 | -€103,142 | -30.6% |
| Fixed assets | 21/28 | €110,482 | €84,186 | -€26,296 | -23.8% |
| Tangible fixed assets | 22/27 | €110,482 | €84,186 | -€26,296 | -23.8% |
| Land and buildings | 22 | €82,937 | €64,635 | -€18,302 | -22.1% |
| Plant, machinery and equipment | 23 | €12,088 | €10,669 | -€1,418 | -11.7% |
| Furniture and vehicles | 24 | €15,458 | €8,882 | -€6,576 | -42.5% |
| Current assets | 29/58 | €226,544 | €149,697 | -€76,846 | -33.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,399 | €7,650 | +€3,251 | +73.9% |
| Trade receivables | 40 | €2,049 | €5,000 | +€2,952 | +144% |
| Other amounts receivable | 41 | €2,350 | €2,650 | +€300 | +12.8% |
| Cash at bank and in hand | 54/58 | €121,596 | €42,047 | -€79,549 | -65.4% |
| Deferred charges and accrued income | 490/1 | €548 | €0 | -€548 | -100% |
| Total equity and liabilities | 10/49 | €337,026 | €233,883 | -€103,142 | -30.6% |
| Equity | 10/15 | €224,672 | €140,865 | -€83,807 | -37.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €224,671 | €224,671 | = | 0.0% |
| Distributable reserves | 133 | €224,671 | €224,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€83,807 | -€83,807 | |
| Amounts payable | 17/49 | €112,354 | €93,018 | -€19,336 | -17.2% |
| Amounts payable after more than one year | 17 | €23,191 | €10,111 | -€13,080 | -56.4% |
| Financial debts | 170/4 | €23,191 | €10,111 | -€13,080 | -56.4% |
| Amounts payable within one year | 42/48 | €89,163 | €82,907 | -€6,255 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €15,641 | €12,303 | -€3,339 | -21.3% |
| Financial debts | 43 | €1,829 | €4,448 | +€2,619 | +143% |
| Credit institutions | 430/8 | €1,829 | €4,448 | +€2,619 | +143% |
| Trade debts | 44 | €20,846 | €11,397 | -€9,450 | -45.3% |
| Suppliers | 440/4 | €20,846 | €11,397 | -€9,450 | -45.3% |
| Advances received on contracts in progress | 46 | - | €11,858 | +€11,858 | |
| Taxes, remuneration and social security | 45 | €24,971 | €5,350 | -€19,620 | -78.6% |
| Taxes | 450/3 | €24,971 | €5,350 | -€19,620 | -78.6% |
| Other amounts payable | 47/48 | €25,875 | €37,551 | +€11,676 | +45.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,607 | €26,296 | -€311 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,345 | €4,045 | +€700 | +20.9% |
| Gross operating margin | 9900 | €38,597 | -€54,375 | -€92,971 | |
| Operating profit (loss) | 9901 | €8,645 | -€84,715 | -€93,361 | |
| Financial income | 75/76B | €2,619 | €2,882 | +€263 | +10.1% |
| Recurring financial income | 75 | €2,619 | €2,882 | +€263 | +10.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,027 | €1,671 | -€356 | -17.6% |
| Recurring financial charges | 65 | €2,027 | €1,671 | -€356 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €9,237 | -€83,504 | -€92,742 | |
| Income taxes | 67/77 | €4,768 | €303 | -€4,466 | -93.7% |
| Profit (loss) for the period | 9904 | €4,469 | -€83,807 | -€88,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,469 | -€83,807 | -€88,276 |
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 21 October 2026 via checked.be.