Prinvest - B: 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.
What changed
Prinvest - B
NACE 68.310, Real estate agency activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€159,225
2023 · €2,293-€161,519
Equity
€1.6m
2023 · €2.2m-€569,225
Cash
€1,101
2023 · €1,014+€87
Balance sheet total
€2.4m
2023 · €3.4m-€984,688
Largest movements
Assets
- Tangible fixed assets -€704,440
down €704,440 (-35.9%), from €2.0m to €1.3m
of which Land and buildings: -€454,440
- Receivables within one year -€290,336
down €290,336 (-32.6%), from €891,517 to €601,181
of which Other amounts receivable: -€299,669
Equity and liabilities
- Revaluation surpluses -€410,000
down €410,000 (-26.5%), from €1.5m to €1.1m
- Debts after one year -€329,214
down €329,214 (-59.7%), from €551,334 to €222,120
of which Financial debts: -€329,214
- Profit (loss) carried forward -€149,128
down €149,128 (-126%), from -€118,521 to -€267,649
- Other debts -€56,355
down €56,355 (-28.4%), from €198,437 to €142,081
Income statement
- Other operating charges +€511,761
up €511,761 (+1,907%), from €26,840 to €538,601
- Gross operating margin +€351,446
up €351,446 (+515%), from €68,231 to €419,677
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.
Result 2023
€2,293
Gross operating margin
+€351,446
Depreciation
+€342
Other operating charges
-€511,761
Financial income
+€1
Financial charges
-€3,208
Taxes
+€1,662
Result 2024
-€159,225
raises the resultlowers the result
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.
From operations
+€66,316
Investment
+€689,509
Financing
-€755,738
Cash 2023
€1,014
From operations (derived)
+€66,316
Net result for the year
-€159,225
Depreciation
+€4,930
Receivables within one year
+€290,336
Provisions
-€5,202
Trade debts
-€5,828
Tax, wage and social debts
-€2,341
Other debts
-€56,355
Investment (derived)
+€689,509
Investment in fixed assets (net)
+€689,509
Financing
-€755,738
Debts after one year
-€329,214
Current portion of long-term debt
-€868
Short-term financial debts
-€15,656
Contributions, distributions and other
-€410,000
Cash 2024
€1,101
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,352,484 | €2,367,795 | -€984,688 | -29.4% |
| Fixed assets | 21/28 | €2,454,953 | €1,760,513 | -€694,440 | -28.3% |
| Tangible fixed assets | 22/27 | €1,959,545 | €1,255,105 | -€704,440 | -35.9% |
| Land and buildings | 22 | €1,709,545 | €1,255,105 | -€454,440 | -26.6% |
| Furniture and vehicles | 24 | €250,000 | - | -€250,000 | |
| Financial fixed assets | 28 | €495,408 | €505,408 | +€10,000 | +2.0% |
| Current assets | 29/58 | €897,531 | €607,282 | -€290,249 | -32.3% |
| Amounts receivable within one year | 40/41 | €891,517 | €601,181 | -€290,336 | -32.6% |
| Trade receivables | 40 | €8,083 | €17,416 | +€9,333 | +115% |
| Other amounts receivable | 41 | €883,433 | €583,765 | -€299,669 | -33.9% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,014 | €1,101 | +€87 | +8.6% |
| Total equity and liabilities | 10/49 | €3,352,484 | €2,367,795 | -€984,688 | -29.4% |
| Equity | 10/15 | €2,207,915 | €1,638,690 | -€569,225 | -25.8% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,546,113 | €1,136,113 | -€410,000 | -26.5% |
| Reserves | 13 | €180,322 | €170,225 | -€10,097 | -5.6% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,167 | €74,069 | -€10,097 | -12.0% |
| Distributable reserves | 133 | €84,156 | €84,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,521 | -€267,649 | -€149,128 | -126% |
| Provisions and deferred taxes | 16 | €43,359 | €38,157 | -€5,202 | -12.0% |
| Deferred taxes | 168 | €43,359 | €38,157 | -€5,202 | -12.0% |
| Amounts payable | 17/49 | €1,101,210 | €690,949 | -€410,261 | -37.3% |
| Amounts payable after more than one year | 17 | €551,334 | €222,120 | -€329,214 | -59.7% |
| Financial debts | 170/4 | €546,894 | €217,680 | -€329,214 | -60.2% |
| Other amounts payable | 178/9 | €4,440 | €4,440 | = | 0.0% |
| Amounts payable within one year | 42/48 | €549,876 | €468,829 | -€81,047 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €30,082 | €29,214 | -€868 | -2.9% |
| Financial debts | 43 | €309,414 | €293,758 | -€15,656 | -5.1% |
| Credit institutions | 430/8 | €309,414 | €293,758 | -€15,656 | -5.1% |
| Trade debts | 44 | €9,580 | €3,753 | -€5,828 | -60.8% |
| Suppliers | 440/4 | €9,580 | €3,753 | -€5,828 | -60.8% |
| Taxes, remuneration and social security | 45 | €2,363 | €23 | -€2,341 | -99.0% |
| Taxes | 450/3 | €2,363 | €23 | -€2,341 | -99.0% |
| Other amounts payable | 47/48 | €198,437 | €142,081 | -€56,355 | -28.4% |
| Non-recurring operating income | 76A | €2,066 | €370,491 | +€368,425 | +17,832% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,272 | €4,930 | -€342 | -6.5% |
| Other operating charges | 640/8 | €26,840 | €538,601 | +€511,761 | +1,907% |
| Gross operating margin | 9900 | €68,231 | €419,677 | +€351,446 | +515% |
| Operating profit (loss) | 9901 | €36,119 | -€123,854 | -€159,974 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +5,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5,900% |
| Financial charges | 65/66B | €37,365 | €40,573 | +€3,208 | +8.6% |
| Recurring financial charges | 65 | €37,365 | €40,573 | +€3,208 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,246 | -€164,427 | -€163,181 | -13,095% |
| Transfer from deferred taxes | 780 | €5,202 | €5,202 | = | 0.0% |
| Income taxes | 67/77 | €1,662 | €0 | -€1,662 | -100.0% |
| Profit (loss) for the period | 9904 | €2,293 | -€159,225 | -€161,519 | |
| Transfer from tax-exempt reserves | 789 | €10,097 | €10,097 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,391 | -€149,128 | -€161,519 |
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 28 October 2026 via checked.be.