PRESAGE: 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.
PRESAGE
Largest movements
- Tangible fixed assets +€426,988
up €426,988 (+584%), from €73,131 to €500,119
of which Land and buildings: +€438,889
- Cash -€110,053
down €110,053 (-92.9%), from €118,429 to €8,377
mainly Investment in fixed assets (net) (-€451,445) and Receivables within one year (-€77,901)
- Receivables within one year +€77,901
up €77,901 (+131%), from €59,648 to €137,549
- Debts after one year +€432,779
up €432,779 (+2,355%), from €18,377 to €451,156
- Provisions -€30,000
no longer reported in 2024 (was €30,000)
- Tax, wage and social debts +€26,142
up €26,142 (+29.3%), from €89,302 to €115,445
of which Taxes: +€41,423
- Contributions -€18,600
down €18,600 (-100%), from €18,600 to €0
- Other debts -€9,000
down €9,000 (-12.2%), from €74,000 to €65,000
- Gross operating margin +€31,596
up €31,596 (+15.5%), from €203,348 to €234,944
- Staff costs +€29,826
up €29,826 (+27.0%), from €110,396 to €140,222
- Depreciation +€19,471
up €19,471 (+390%), from €4,986 to €24,458
- Financial charges +€12,488
up €12,488 (+745%), from €1,676 to €14,163
- Taxes +€9,760
up €9,760 (+69.5%), from €14,046 to €23,806
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 | €256,860 | €651,697 | +€394,836 | +154% |
| Fixed assets | 21/28 | €73,311 | €500,299 | +€426,988 | +582% |
| Tangible fixed assets | 22/27 | €73,131 | €500,119 | +€426,988 | +584% |
| Land and buildings | 22 | - | €438,889 | +€438,889 | |
| Furniture and vehicles | 24 | €44,206 | €42,491 | -€1,715 | -3.9% |
| Other tangible fixed assets | 26 | €28,925 | €18,739 | -€10,186 | -35.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €183,549 | €151,398 | -€32,152 | -17.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €59,648 | €137,549 | +€77,901 | +131% |
| Trade receivables | 40 | €59,648 | €137,549 | +€77,901 | +131% |
| Cash at bank and in hand | 54/58 | €118,429 | €8,377 | -€110,053 | -92.9% |
| Deferred charges and accrued income | 490/1 | €5,472 | €5,472 | = | 0.0% |
| Total equity and liabilities | 10/49 | €256,860 | €651,697 | +€394,836 | +154% |
| Equity | 10/15 | €26,957 | €15,759 | -€11,197 | -41.5% |
| Contributions | 10/11 | €18,600 | €0 | -€18,600 | -100% |
| Capital | 10 | €18,600 | €0 | -€18,600 | -100% |
| Issued capital | 100 | €18,600 | €0 | -€18,600 | -100% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,497 | €13,899 | +€7,403 | +114% |
| Provisions and deferred taxes | 16 | €30,000 | - | -€30,000 | |
| Provisions for liabilities and charges | 160/5 | €30,000 | - | -€30,000 | |
| Other liabilities and charges | 164/5 | €30,000 | - | -€30,000 | |
| Amounts payable | 17/49 | €199,904 | €635,937 | +€436,034 | +218% |
| Amounts payable after more than one year | 17 | €18,377 | €451,156 | +€432,779 | +2,355% |
| Financial debts | 170/4 | €18,377 | €451,156 | +€432,779 | +2,355% |
| Amounts payable within one year | 42/48 | €181,526 | €184,781 | +€3,254 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €12,512 | €4,336 | -€8,176 | -65.3% |
| Trade debts | 44 | €5,712 | - | -€5,712 | |
| Suppliers | 440/4 | €5,712 | - | -€5,712 | |
| Taxes, remuneration and social security | 45 | €89,302 | €115,445 | +€26,142 | +29.3% |
| Taxes | 450/3 | €32,259 | €73,682 | +€41,423 | +128% |
| Remuneration and social security | 454/9 | €57,044 | €41,763 | -€15,281 | -26.8% |
| Other amounts payable | 47/48 | €74,000 | €65,000 | -€9,000 | -12.2% |
| Remuneration, social security and pensions | 62 | €110,396 | €140,222 | +€29,826 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,986 | €24,458 | +€19,471 | +390% |
| Other operating charges | 640/8 | €4,309 | €4,992 | +€683 | +15.8% |
| Non-recurring operating charges | 66A | €30,000 | -€30,000 | -€60,000 | |
| Gross operating margin | 9900 | €203,348 | €234,944 | +€31,596 | +15.5% |
| Operating profit (loss) | 9901 | €53,656 | €95,273 | +€41,617 | +77.6% |
| Financial income | 75/76B | €2,707 | €99 | -€2,608 | -96.3% |
| Recurring financial income | 75 | €2,707 | €99 | -€2,608 | -96.3% |
| Financial charges | 65/66B | €1,676 | €14,163 | +€12,488 | +745% |
| Recurring financial charges | 65 | €1,676 | €14,163 | +€12,488 | +745% |
| Profit (loss) for the period before taxes | 9903 | €54,688 | €81,208 | +€26,520 | +48.5% |
| Income taxes | 67/77 | €14,046 | €23,806 | +€9,760 | +69.5% |
| Profit (loss) for the period | 9904 | €40,642 | €57,403 | +€16,761 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,642 | €57,403 | +€16,761 | +41.2% |
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 13 October 2026 via checked.be.