PRIME TIME: 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
PRIME TIME
NACE 46.190, Agents in non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,748
2024 · €25,611-€33,359
Equity
€849,473
2024 · €857,221-€7,748
Cash
€69,390
2024 · €83,006-€13,616
Balance sheet total
€3.4m
2024 · €3.7m-€331,582
Largest movements
Assets
- Receivables within one year -€264,603
down €264,603 (-80.6%), from €328,181 to €63,578
of which Trade receivables: -€273,551
- Tangible fixed assets -€57,349
down €57,349 (-3.6%), from €1.6m to €1.5m
of which Land and buildings: -€40,864
Equity and liabilities
- Advances received -€317,591
no longer reported in 2025 (was €317,591)
- Debts after one year -€89,904
down €89,904 (-6.8%), from €1.3m to €1.2m
- Accrued charges and deferred income +€50,870
up €50,870 (+184.4%), from €27,583 to €78,453
- Tax, wage and social debts +€50,610
up €50,610 (+85.0%), from €59,564 to €110,174
of which Remuneration and social security: +€56,207
Income statement
- Staff costs +€66,332
up €66,332 (+106.3%), from €62,420 to €128,752
- Gross operating margin +€34,260
up €34,260 (+16.9%), from €202,237 to €236,497
- Other operating charges +€15,070
up €15,070 (+76.6%), from €19,669 to €34,739
- Taxes -€12,405
down €12,405 (-90.8%), from €13,659 to €1,254
- Financial income -€4,098
down €4,098 (-32.1%), from €12,767 to €8,670
From the 2024 result to the 2025 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 2024
€25,611
Gross operating margin
+€34,260
Staff costs
-€66,332
Depreciation
+€3,876
Other operating charges
-€15,070
Financial income
-€4,098
Financial charges
+€1,601
Taxes
+€12,405
Result 2025
-€7,748
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€83,533
Investment
€0
Financing
-€97,149
Cash 2024
€83,006
From operations (derived)
+€83,533
Net result for the year
-€7,748
Depreciation
+€57,517
Stocks and contracts
-€4,196
Receivables within one year
+€264,603
Smaller working-capital items
+€196
Provisions
-€3,918
Trade debts
-€6,809
Tax, wage and social debts
+€50,610
Advances received
-€317,591
Accrued charges and deferred income
+€50,870
Financing
-€97,149
Debts after one year
-€89,904
Current portion of long-term debt
-€7,245
Cash 2025
€69,390
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,684,604 | €3,353,023 | -€331,582 | -9.0% |
| Fixed assets | 21/28 | €1,591,893 | €1,534,376 | -€57,517 | -3.6% |
| Intangible fixed assets | 21 | €566 | €398 | -€168 | -29.7% |
| Tangible fixed assets | 22/27 | €1,590,186 | €1,532,837 | -€57,349 | -3.6% |
| Land and buildings | 22 | €1,496,491 | €1,455,627 | -€40,864 | -2.7% |
| Plant, machinery and equipment | 23 | €89,456 | €76,691 | -€12,766 | -14.3% |
| Furniture and vehicles | 24 | €4,239 | €520 | -€3,719 | -87.7% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €2,092,712 | €1,818,647 | -€274,065 | -13.1% |
| Stocks and contracts in progress | 3 | €225,151 | €229,348 | +€4,196 | +1.9% |
| Stocks | 30/36 | €225,151 | €229,348 | +€4,196 | +1.9% |
| Amounts receivable within one year | 40/41 | €328,181 | €63,578 | -€264,603 | -80.6% |
| Trade receivables | 40 | €326,823 | €53,272 | -€273,551 | -83.7% |
| Other amounts receivable | 41 | €1,358 | €10,306 | +€8,948 | +659.2% |
| Current investments | 50/53 | €1,450,000 | €1,450,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83,006 | €69,390 | -€13,616 | -16.4% |
| Deferred charges and accrued income | 490/1 | €6,374 | €6,332 | -€42 | -0.7% |
| Total equity and liabilities | 10/49 | €3,684,604 | €3,353,023 | -€331,582 | -9.0% |
| Equity | 10/15 | €857,221 | €849,473 | -€7,748 | -0.9% |
| Contributions | 10/11 | €61,987 | €61,987 | = | 0.0% |
| Outside capital | 11 | €61,987 | €61,987 | = | 0.0% |
| Share premium | 1100/10 | €61,987 | €61,987 | = | 0.0% |
| Reserves | 13 | €359,531 | €347,778 | -€11,753 | -3.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €340,847 | €329,093 | -€11,753 | -3.4% |
| Distributable reserves | 133 | €12,484 | €12,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | €435,703 | €439,708 | +€4,005 | +0.9% |
| Provisions and deferred taxes | 16 | €113,616 | €109,698 | -€3,918 | -3.4% |
| Deferred taxes | 168 | €113,616 | €109,698 | -€3,918 | -3.4% |
| Amounts payable | 17/49 | €2,713,768 | €2,393,852 | -€319,916 | -11.8% |
| Amounts payable after more than one year | 17 | €1,315,505 | €1,225,601 | -€89,904 | -6.8% |
| Financial debts | 170/4 | €1,315,505 | €1,225,601 | -€89,904 | -6.8% |
| Amounts payable within one year | 42/48 | €1,370,679 | €1,089,798 | -€280,881 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €80,727 | €73,483 | -€7,245 | -9.0% |
| Trade debts | 44 | €69,880 | €63,071 | -€6,809 | -9.7% |
| Suppliers | 440/4 | €69,880 | €63,071 | -€6,809 | -9.7% |
| Advances received on contracts in progress | 46 | €317,591 | - | -€317,591 | |
| Taxes, remuneration and social security | 45 | €59,564 | €110,174 | +€50,610 | +85.0% |
| Taxes | 450/3 | €35,407 | €29,811 | -€5,597 | -15.8% |
| Remuneration and social security | 454/9 | €24,156 | €80,363 | +€56,207 | +232.7% |
| Other amounts payable | 47/48 | €842,917 | €843,071 | +€154 | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,583 | €78,453 | +€50,870 | +184.4% |
| Remuneration, social security and pensions | 62 | €62,420 | €128,752 | +€66,332 | +106.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,393 | €57,517 | -€3,876 | -6.3% |
| Other operating charges | 640/8 | €19,669 | €34,739 | +€15,070 | +76.6% |
| Gross operating margin | 9900 | €202,237 | €236,497 | +€34,260 | +16.9% |
| Operating profit (loss) | 9901 | €58,755 | €15,489 | -€43,266 | -73.6% |
| Financial income | 75/76B | €12,767 | €8,670 | -€4,098 | -32.1% |
| Recurring financial income | 75 | €12,767 | €8,670 | -€4,098 | -32.1% |
| Financial charges | 65/66B | €36,171 | €34,570 | -€1,601 | -4.4% |
| Recurring financial charges | 65 | €36,171 | €34,570 | -€1,601 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €35,352 | -€10,412 | -€45,763 | |
| Transfer from deferred taxes | 780 | €3,918 | €3,918 | = | 0.0% |
| Income taxes | 67/77 | €13,659 | €1,254 | -€12,405 | -90.8% |
| Profit (loss) for the period | 9904 | €25,611 | -€7,748 | -€33,359 | |
| Transfer from tax-exempt reserves | 789 | €11,753 | €11,753 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,364 | €4,005 | -€33,359 | -89.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.