PRIME PROPERTIES: 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.
PRIME PROPERTIES
Largest movements
- Cash -€8,232
down €8,232 (-19.5%), from €42,280 to €34,048
mainly Net result for the year (-€10,812) and Trade debts (-€424)
- Receivables within one year -€2,561
down €2,561 (-96.5%), from €2,653 to €92
- Profit (loss) carried forward -€10,811
down €10,811 (-47.0%), from €22,982 to €12,171
- Gross operating margin +€13,008
up €13,008, from -€10,677 to €2,331
- Staff costs +€9,693
new in 2024: €9,693
- Taxes +€718
up €718 (+49.8%), from €1,442 to €2,160
- Other operating charges +€398
up €398 (+48.2%), from €826 to €1,224
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 | €44,933 | €34,140 | -€10,793 | -24.0% |
| Current assets | 29/58 | €44,933 | €34,140 | -€10,793 | -24.0% |
| Amounts receivable within one year | 40/41 | €2,653 | €92 | -€2,561 | -96.5% |
| Other amounts receivable | 41 | €2,653 | €92 | -€2,561 | -96.5% |
| Cash at bank and in hand | 54/58 | €42,280 | €34,048 | -€8,232 | -19.5% |
| Total equity and liabilities | 10/49 | €44,933 | €34,140 | -€10,793 | -24.0% |
| Equity | 10/15 | €43,442 | €32,631 | -€10,811 | -24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,982 | €12,171 | -€10,811 | -47.0% |
| Amounts payable | 17/49 | €1,491 | €1,509 | +€18 | +1.2% |
| Amounts payable within one year | 42/48 | €1,491 | €1,509 | +€18 | +1.2% |
| Trade debts | 44 | €561 | €137 | -€424 | -75.5% |
| Suppliers | 440/4 | €561 | €137 | -€424 | -75.5% |
| Taxes, remuneration and social security | 45 | €930 | €1,372 | +€442 | +47.5% |
| Taxes | 450/3 | €930 | €1,372 | +€442 | +47.5% |
| Remuneration, social security and pensions | 62 | - | €9,693 | +€9,693 | |
| Other operating charges | 640/8 | €826 | €1,224 | +€398 | +48.2% |
| Gross operating margin | 9900 | -€10,677 | €2,331 | +€13,008 | |
| Operating profit (loss) | 9901 | -€11,503 | -€8,586 | +€2,917 | +25.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €61 | €65 | +€4 | +7.4% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,564 | -€8,652 | +€2,912 | +25.2% |
| Income taxes | 67/77 | €1,442 | €2,160 | +€718 | +49.8% |
| Profit (loss) for the period | 9904 | -€13,006 | -€10,812 | +€2,194 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,006 | -€10,812 | +€2,194 | +16.9% |
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 17 October 2026 via checked.be.