PRIVJET: 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.
PRIVJET
Largest movements
- Receivables within one year -€2,129
down €2,129 (-10.8%), from €19,734 to €17,605
of which Trade receivables: -€3,139
- Tangible fixed assets -€309
down €309 (-77.8%), from €396 to €88
- Profit (loss) carried forward -€11,117
down €11,117 (-225.7%), from -€4,925 to -€16,042
- Other debts +€11,000
new in 2024: €11,000
- Tax, wage and social debts -€1,184
down €1,184 (-40.8%), from €2,903 to €1,719
of which Taxes: -€890
- Short-term financial debts -€1,080
down €1,080 (-19.6%), from €5,519 to €4,439
- Accrued charges and deferred income -€771
no longer reported in 2024 (was €771)
- Gross operating margin -€8,305
down €8,305 (-1810.4%), from -€459 to -€8,763
- Financial charges +€657
up €657 (+47.3%), from €1,388 to €2,045
- Other operating charges -€200
no longer reported in 2024 (was €200)
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.
Cash bridge derived
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 | €22,667 | €20,263 | -€2,404 | -10.6% |
| Fixed assets | 21/28 | €396 | €88 | -€309 | -77.8% |
| Tangible fixed assets | 22/27 | €396 | €88 | -€309 | -77.8% |
| Plant, machinery and equipment | 23 | €396 | €88 | -€309 | -77.8% |
| Current assets | 29/58 | €22,271 | €20,175 | -€2,096 | -9.4% |
| Amounts receivable within one year | 40/41 | €19,734 | €17,605 | -€2,129 | -10.8% |
| Trade receivables | 40 | €7,529 | €4,390 | -€3,139 | -41.7% |
| Other amounts receivable | 41 | €12,205 | €13,215 | +€1,009 | +8.3% |
| Cash at bank and in hand | 54/58 | €2,537 | €2,570 | +€33 | +1.3% |
| Total equity and liabilities | 10/49 | €22,667 | €20,263 | -€2,404 | -10.6% |
| Equity | 10/15 | €3,259 | -€7,858 | -€11,117 | |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,884 | €1,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24 | €24 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,925 | -€16,042 | -€11,117 | -225.7% |
| Amounts payable | 17/49 | €19,408 | €28,121 | +€8,713 | +44.9% |
| Amounts payable within one year | 42/48 | €18,637 | €28,121 | +€9,483 | +50.9% |
| Financial debts | 43 | €5,519 | €4,439 | -€1,080 | -19.6% |
| Credit institutions | 430/8 | €5,519 | €4,439 | -€1,080 | -19.6% |
| Trade debts | 44 | €10,215 | €10,962 | +€747 | +7.3% |
| Suppliers | 440/4 | €10,215 | €10,962 | +€747 | +7.3% |
| Taxes, remuneration and social security | 45 | €2,903 | €1,719 | -€1,184 | -40.8% |
| Taxes | 450/3 | €2,609 | €1,719 | -€890 | -34.1% |
| Remuneration and social security | 454/9 | €294 | - | -€294 | |
| Other amounts payable | 47/48 | - | €11,000 | +€11,000 | |
| Accrued charges and deferred income | 492/3 | €771 | - | -€771 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €309 | = | 0.0% |
| Other operating charges | 640/8 | €200 | - | -€200 | |
| Gross operating margin | 9900 | -€459 | -€8,763 | -€8,305 | -1810.4% |
| Operating profit (loss) | 9901 | -€967 | -€9,072 | -€8,105 | -837.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,388 | €2,045 | +€657 | +47.3% |
| Recurring financial charges | 65 | €1,388 | €2,045 | +€657 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,355 | -€11,117 | -€8,762 | -372.0% |
| Profit (loss) for the period | 9904 | -€2,355 | -€11,117 | -€8,762 | -372.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,355 | -€11,117 | -€8,762 | -372.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.