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PrestigeX: what changed

Two fiscal 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.

What changed

PrestigeX

BE 0805.627.461
NACE 43.410, Roofing work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€3,316
2023 · €16,171-€19,487
Equity
€17,855
2023 · €21,171-€3,316
Cash
€11,079
2023 · €7,460+€3,619
Balance sheet total
€93,763
2023 · €89,592+€4,170

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€61,521

    new in 2024: €61,521

    of which Furniture and vehicles: +€60,260

  • Stocks and contracts -€60,007

    down €60,007 (-76.8%), from €78,168 to €18,161

  • Cash +€3,619

    up €3,619 (+48.5%), from €7,460 to €11,079

    mainly Stocks and contracts (+€60,007) and Other debts (+€23,487)

  • Receivables within one year -€962

    down €962 (-43.8%), from €2,199 to €1,237

    of which Trade receivables: -€1,250

Equity and liabilities
  • Other debts +€23,487

    new in 2024: €23,487

  • Current portion of long-term debt -€9,817

    down €9,817 (-85.1%), from €11,538 to €1,721

  • Profit (loss) carried forward -€3,316

    new in 2024: -€3,316

  • Trade debts -€2,842

    down €2,842 (-17.5%), from €16,227 to €13,385

  • Debts after one year -€2,404

    down €2,404 (-6.6%), from €36,604 to €34,200

Income statement
  • Depreciation +€16,208

    up €16,208 (+1836.4%), from €883 to €17,090

  • Gross operating margin -€5,509

    down €5,509 (-25.2%), from €21,896 to €16,387

  • Taxes -€3,852

    down €3,852 (-95.0%), from €4,053 to €201

  • Other operating charges +€1,534

    up €1,534 (+3068.4%), from €50 to €1,584

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €16,171
Gross operating margin -€5,509
Depreciation -€16,208
Other operating charges -€1,534
Financial charges -€88
Taxes +€3,852
Result 2024 -€3,316

Cash bridge derived

cash 2023 to 2024

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.

From operations +€94,451
Investment -€78,611
Financing -€12,221
Cash 2023 €7,460
Net result for the year -€3,316
Depreciation +€17,090
Stocks and contracts +€60,007
Receivables within one year +€962
Trade debts -€2,842
Tax, wage and social debts -€937
Other debts +€23,487
Investment in fixed assets (net) -€78,611
Debts after one year -€2,404
Current portion of long-term debt -€9,817
Cash 2024 €11,079
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €89,592 €93,763 +€4,170 +4.7%
Formation expenses 20 €1,765 €1,765 = 0.0%
Fixed assets 21/28 - €61,521 +€61,521
Tangible fixed assets 22/27 - €61,521 +€61,521
Plant, machinery and equipment 23 - €1,261 +€1,261
Furniture and vehicles 24 - €60,260 +€60,260
Current assets 29/58 €87,827 €30,477 -€57,350 -65.3%
Stocks and contracts in progress 3 €78,168 €18,161 -€60,007 -76.8%
Stocks 30/36 €78,168 €18,161 -€60,007 -76.8%
Amounts receivable within one year 40/41 €2,199 €1,237 -€962 -43.8%
Trade receivables 40 €1,250 - -€1,250
Other amounts receivable 41 €949 €1,237 +€288 +30.3%
Cash at bank and in hand 54/58 €7,460 €11,079 +€3,619 +48.5%
Total equity and liabilities 10/49 €89,592 €93,763 +€4,170 +4.7%
Equity 10/15 €21,171 €17,855 -€3,316 -15.7%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €16,171 €16,171 = 0.0%
Distributable reserves 133 €16,171 €16,171 = 0.0%
Profit (loss) carried forward 14 - -€3,316 -€3,316
Amounts payable 17/49 €68,421 €75,908 +€7,486 +10.9%
Amounts payable after more than one year 17 €36,604 €34,200 -€2,404 -6.6%
Financial debts 170/4 €36,604 €34,200 -€2,404 -6.6%
Amounts payable within one year 42/48 €31,818 €41,708 +€9,890 +31.1%
Current portion of amounts payable after more than one year 42 €11,538 €1,721 -€9,817 -85.1%
Trade debts 44 €16,227 €13,385 -€2,842 -17.5%
Suppliers 440/4 €16,227 €13,385 -€2,842 -17.5%
Taxes, remuneration and social security 45 €4,053 €3,116 -€937 -23.1%
Taxes 450/3 €4,053 €3,116 -€937 -23.1%
Other amounts payable 47/48 - €23,487 +€23,487
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €883 €17,090 +€16,208 +1836.4%
Other operating charges 640/8 €50 €1,584 +€1,534 +3068.4%
Gross operating margin 9900 €21,896 €16,387 -€5,509 -25.2%
Operating profit (loss) 9901 €20,963 -€2,287 -€23,251
Financial charges 65/66B €739 €827 +€88 +11.9%
Recurring financial charges 65 €739 €827 +€88 +11.9%
Profit (loss) for the period before taxes 9903 €20,224 -€3,115 -€23,339
Income taxes 67/77 €4,053 €201 -€3,852 -95.0%
Profit (loss) for the period 9904 €16,171 -€3,316 -€19,487
Profit (loss) for the period to be appropriated 9905 €16,171 -€3,316 -€19,487

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.