Privilege Properties: 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.
Privilege Properties
Largest movements
- Cash +€66,515
up €66,515 (+168.4%), from €39,503 to €106,018
mainly Debts after one year (+€155,424) and Receivables within one year (+€54,898)
- Receivables within one year -€54,898
down €54,898 (-20.1%), from €272,540 to €217,642
of which Other amounts receivable: -€30,621
- Financial fixed assets -€51,399
down €51,399 (-11.5%), from €447,449 to €396,050
- Tangible fixed assets +€42,278
up €42,278 (+2.4%), from €1.7m to €1.8m
of which Land and buildings: +€867,708
- Deferred charges and accrued income +€40,617
up €40,617 (+8631.9%), from €471 to €41,088
- Debts after one year +€155,424
up €155,424 (+15.0%), from €1.0m to €1.2m
- Trade debts -€83,699
down €83,699 (-48.2%), from €173,598 to €89,898
- Profit (loss) carried forward -€43,038
down €43,038, from €10,705 to -€32,333
- Financial charges +€51,434
up €51,434 (+415.2%), from €12,387 to €63,821
of which Financial charges: +€41,434
- Depreciation -€5,923
down €5,923 (-11.3%), from €52,463 to €46,540
- Taxes -€3,387
down €3,387, from €3,118 to -€269
- Financial income -€1,567
down €1,567 (-9.6%), from €16,284 to €14,717
- Gross operating margin -€1,309
down €1,309 (-2.3%), from €56,724 to €55,415
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,489,855 | €2,532,969 | +€43,113 | +1.7% |
| Fixed assets | 21/28 | €2,177,342 | €2,168,220 | -€9,121 | -0.4% |
| Tangible fixed assets | 22/27 | €1,729,893 | €1,772,170 | +€42,278 | +2.4% |
| Land and buildings | 22 | €904,462 | €1,772,170 | +€867,708 | +95.9% |
| Furniture and vehicles | 24 | €2,021 | €0 | -€2,021 | -100.0% |
| Assets under construction and advance payments | 27 | €823,409 | €0 | -€823,409 | -100.0% |
| Financial fixed assets | 28 | €447,449 | €396,050 | -€51,399 | -11.5% |
| Current assets | 29/58 | €312,514 | €364,748 | +€52,235 | +16.7% |
| Amounts receivable within one year | 40/41 | €272,540 | €217,642 | -€54,898 | -20.1% |
| Trade receivables | 40 | €60,000 | €35,723 | -€24,277 | -40.5% |
| Other amounts receivable | 41 | €212,540 | €181,919 | -€30,621 | -14.4% |
| Cash at bank and in hand | 54/58 | €39,503 | €106,018 | +€66,515 | +168.4% |
| Deferred charges and accrued income | 490/1 | €471 | €41,088 | +€40,617 | +8631.9% |
| Total equity and liabilities | 10/49 | €2,489,855 | €2,532,969 | +€43,113 | +1.7% |
| Equity | 10/15 | €125,264 | €82,227 | -€43,038 | -34.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €89,560 | €89,560 | = | 0.0% |
| Distributable reserves | 133 | €89,560 | €89,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,705 | -€32,333 | -€43,038 | |
| Amounts payable | 17/49 | €2,364,591 | €2,450,742 | +€86,151 | +3.6% |
| Amounts payable after more than one year | 17 | €1,036,719 | €1,192,143 | +€155,424 | +15.0% |
| Financial debts | 170/4 | €1,036,719 | €1,192,143 | +€155,424 | +15.0% |
| Amounts payable within one year | 42/48 | €1,326,605 | €1,258,599 | -€68,006 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €36,738 | €60,375 | +€23,637 | +64.3% |
| Trade debts | 44 | €173,598 | €89,898 | -€83,699 | -48.2% |
| Suppliers | 440/4 | €173,598 | €89,898 | -€83,699 | -48.2% |
| Taxes, remuneration and social security | 45 | €17,233 | €21,447 | +€4,214 | +24.5% |
| Taxes | 450/3 | €17,233 | €21,447 | +€4,214 | +24.5% |
| Other amounts payable | 47/48 | €1,099,037 | €1,086,880 | -€12,157 | -1.1% |
| Accrued charges and deferred income | 492/3 | €1,267 | €0 | -€1,267 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,463 | €46,540 | -€5,923 | -11.3% |
| Other operating charges | 640/8 | €2,989 | €3,078 | +€90 | +3.0% |
| Gross operating margin | 9900 | €56,724 | €55,415 | -€1,309 | -2.3% |
| Operating profit (loss) | 9901 | €1,273 | €5,797 | +€4,524 | +355.5% |
| Financial income | 75/76B | €16,284 | €14,717 | -€1,567 | -9.6% |
| Recurring financial income | 75 | €16,284 | €14,717 | -€1,567 | -9.6% |
| Financial charges | 65/66B | €12,387 | €63,821 | +€51,434 | +415.2% |
| Recurring financial charges | 65 | €12,387 | €53,821 | +€41,434 | +334.5% |
| Non-recurring financial charges | 66B | - | €10,000 | +€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €5,169 | -€43,307 | -€48,476 | |
| Income taxes | 67/77 | €3,118 | -€269 | -€3,387 | |
| Profit (loss) for the period | 9904 | €2,051 | -€43,038 | -€45,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,051 | -€43,038 | -€45,089 |
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 2 October 2026 via checked.be.