PRÊT-À-LOUER: what changed
PRÊT-À-LOUER
Largest movements
- Tangible fixed assets -€7,724
down €7,724 (-26.1%), from €29,596 to €21,872
of which Plant, machinery and equipment: -€4,798
- Stocks and contracts +€4,225
up €4,225 (+4.0%), from €106,936 to €111,162
- Deferred charges and accrued income -€2,857
down €2,857 (-83.1%), from €3,436 to €580
- Cash -€1,430
down €1,430 (-64.3%), from €2,223 to €794
mainly Net result for the year (-€72,386) and Debts after one year (-€17,766)
- Profit (loss) carried forward -€72,386
down €72,386 (-101%), from -€71,460 to -€143,845
- Tax, wage and social debts +€44,122
up €44,122 (+294%), from €15,012 to €59,134
of which Remuneration and social security: +€23,001
- Other debts +€24,798
up €24,798 (+28.5%), from €87,112 to €111,909
- Debts after one year -€17,766
down €17,766 (-31.7%), from €56,030 to €38,263
- Short-term financial debts +€6,873
up €6,873 (+23.5%), from €29,222 to €36,095
- Staff costs +€89,333
up €89,333 (+152%), from €58,706 to €148,039
- Gross operating margin +€81,821
up €81,821 (+563%), from €14,528 to €96,349
- Financial charges +€4,242
up €4,242 (+86.1%), from €4,927 to €9,168
- Other operating charges +€1,563
up €1,563 (+69.7%), from €2,241 to €3,804
- Depreciation +€1,527
up €1,527 (+24.6%), from €6,198 to €7,724
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,540 | €135,603 | -€6,938 | -4.9% |
| Fixed assets | 21/28 | €29,596 | €21,872 | -€7,724 | -26.1% |
| Tangible fixed assets | 22/27 | €29,596 | €21,872 | -€7,724 | -26.1% |
| Plant, machinery and equipment | 23 | €11,600 | €6,802 | -€4,798 | -41.4% |
| Furniture and vehicles | 24 | €2,714 | €1,784 | -€930 | -34.3% |
| Other tangible fixed assets | 26 | €15,282 | €13,286 | -€1,996 | -13.1% |
| Current assets | 29/58 | €112,944 | €113,731 | +€787 | +0.7% |
| Stocks and contracts in progress | 3 | €106,936 | €111,162 | +€4,225 | +4.0% |
| Stocks | 30/36 | €106,936 | €111,162 | +€4,225 | +4.0% |
| Amounts receivable within one year | 40/41 | €348 | €1,196 | +€848 | +244% |
| Trade receivables | 40 | €348 | €1,196 | +€848 | +244% |
| Cash at bank and in hand | 54/58 | €2,223 | €794 | -€1,430 | -64.3% |
| Deferred charges and accrued income | 490/1 | €3,436 | €580 | -€2,857 | -83.1% |
| Total equity and liabilities | 10/49 | €142,540 | €135,603 | -€6,938 | -4.9% |
| Equity | 10/15 | -€69,960 | -€142,345 | -€72,386 | -103% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,460 | -€143,845 | -€72,386 | -101% |
| Amounts payable | 17/49 | €212,500 | €277,948 | +€65,448 | +30.8% |
| Amounts payable after more than one year | 17 | €56,030 | €38,263 | -€17,766 | -31.7% |
| Financial debts | 170/4 | €56,030 | €38,263 | -€17,766 | -31.7% |
| Amounts payable within one year | 42/48 | €156,470 | €235,412 | +€78,942 | +50.5% |
| Current portion of amounts payable after more than one year | 42 | €17,069 | €17,766 | +€698 | +4.1% |
| Financial debts | 43 | €29,222 | €36,095 | +€6,873 | +23.5% |
| Credit institutions | 430/8 | €29,222 | €36,095 | +€6,873 | +23.5% |
| Trade debts | 44 | €8,057 | €10,508 | +€2,451 | +30.4% |
| Suppliers | 440/4 | €8,057 | €10,508 | +€2,451 | +30.4% |
| Taxes, remuneration and social security | 45 | €15,012 | €59,134 | +€44,122 | +294% |
| Taxes | 450/3 | €4,792 | €25,913 | +€21,122 | +441% |
| Remuneration and social security | 454/9 | €10,220 | €33,221 | +€23,001 | +225% |
| Other amounts payable | 47/48 | €87,112 | €111,909 | +€24,798 | +28.5% |
| Accrued charges and deferred income | 492/3 | - | €4,272 | +€4,272 | |
| Remuneration, social security and pensions | 62 | €58,706 | €148,039 | +€89,333 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,198 | €7,724 | +€1,527 | +24.6% |
| Other operating charges | 640/8 | €2,241 | €3,804 | +€1,563 | +69.7% |
| Gross operating margin | 9900 | €14,528 | €96,349 | +€81,821 | +563% |
| Operating profit (loss) | 9901 | -€52,618 | -€63,220 | -€10,602 | -20.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €4,927 | €9,168 | +€4,242 | +86.1% |
| Recurring financial charges | 65 | €4,927 | €9,168 | +€4,242 | +86.1% |
| Profit (loss) for the period before taxes | 9903 | -€57,545 | -€72,386 | -€14,841 | -25.8% |
| Profit (loss) for the period | 9904 | -€57,545 | -€72,386 | -€14,841 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,545 | -€72,386 | -€14,841 | -25.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.