PROMETHEE CONSTRUCTIONS: 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.
PROMETHEE CONSTRUCTIONS
Largest movements
- Stocks and contracts +€536,105
up €536,105 (+45.8%), from €1.2m to €1.7m
- Cash +€501,593
up €501,593 (+8526.4%), from €5,883 to €507,476
mainly Short-term financial debts (+€1.1m) and Trade debts (+€516,742)
- Receivables within one year -€49,059
down €49,059 (-87.4%), from €56,101 to €7,042
of which Trade receivables: -€48,508
- Tangible fixed assets -€41,624
down €41,624 (-56.5%), from €73,637 to €32,014
of which Leasing and similar rights: -€23,805
- Short-term financial debts +€1.1m
new in 2024: €1.1m
- Trade debts +€516,742
up €516,742 (+3259.1%), from €15,856 to €532,597
- Other debts -€503,687
down €503,687 (-53.3%), from €944,734 to €441,047
- Profit (loss) carried forward -€109,731
down €109,731 (-26.4%), from -€414,931 to -€524,661
- Advances received -€53,240
down €53,240 (-100.0%), from €53,240 to €0
- Other operating charges +€28,977
up €28,977 (+2017.1%), from €1,437 to €30,413
- Depreciation -€16,537
down €16,537 (-48.1%), from €34,356 to €17,818
- Gross operating margin +€11,980
up €11,980 (+16.7%), from -€71,576 to -€59,596
- Provisions -€2,479
down €2,479 (-100.0%), from €2,479 to €0
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 | €1,326,168 | €2,267,802 | +€941,633 | +71.0% |
| Fixed assets | 21/28 | €73,637 | €32,014 | -€41,624 | -56.5% |
| Tangible fixed assets | 22/27 | €73,637 | €32,014 | -€41,624 | -56.5% |
| Plant, machinery and equipment | 23 | €41,087 | €25,269 | -€15,818 | -38.5% |
| Furniture and vehicles | 24 | €8,745 | €6,745 | -€2,000 | -22.9% |
| Leasing and similar rights | 25 | €23,805 | €0 | -€23,805 | -100.0% |
| Current assets | 29/58 | €1,252,531 | €2,235,788 | +€983,257 | +78.5% |
| Stocks and contracts in progress | 3 | €1,170,278 | €1,706,383 | +€536,105 | +45.8% |
| Stocks | 30/36 | €1,170,278 | €1,706,383 | +€536,105 | +45.8% |
| Amounts receivable within one year | 40/41 | €56,101 | €7,042 | -€49,059 | -87.4% |
| Trade receivables | 40 | €51,508 | €3,000 | -€48,508 | -94.2% |
| Other amounts receivable | 41 | €4,593 | €4,042 | -€551 | -12.0% |
| Cash at bank and in hand | 54/58 | €5,883 | €507,476 | +€501,593 | +8526.4% |
| Deferred charges and accrued income | 490/1 | €20,269 | €14,886 | -€5,383 | -26.6% |
| Total equity and liabilities | 10/49 | €1,326,168 | €2,267,802 | +€941,633 | +71.0% |
| Equity | 10/15 | €285,069 | €175,339 | -€109,731 | -38.5% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€414,931 | -€524,661 | -€109,731 | -26.4% |
| Provisions and deferred taxes | 16 | €2,479 | €2,479 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,479 | €2,479 | = | 0.0% |
| Environmental obligations | 163 | €2,479 | €2,479 | = | 0.0% |
| Amounts payable | 17/49 | €1,038,619 | €2,089,984 | +€1.1m | +101.2% |
| Amounts payable after more than one year | 17 | €7,280 | €0 | -€7,280 | -100.0% |
| Financial debts | 170/4 | €7,280 | €0 | -€7,280 | -100.0% |
| Amounts payable within one year | 42/48 | €1,031,339 | €2,086,678 | +€1.1m | +102.3% |
| Current portion of amounts payable after more than one year | 42 | €17,064 | €0 | -€17,064 | -100.0% |
| Financial debts | 43 | - | €1,113,034 | +€1.1m | |
| Credit institutions | 430/8 | - | €1,113,034 | +€1.1m | |
| Trade debts | 44 | €15,856 | €532,597 | +€516,742 | +3259.1% |
| Suppliers | 440/4 | €15,856 | €532,597 | +€516,742 | +3259.1% |
| Advances received on contracts in progress | 46 | €53,240 | €0 | -€53,240 | -100.0% |
| Taxes, remuneration and social security | 45 | €445 | €0 | -€445 | -100.0% |
| Taxes | 450/3 | €445 | €0 | -€445 | -100.0% |
| Other amounts payable | 47/48 | €944,734 | €441,047 | -€503,687 | -53.3% |
| Accrued charges and deferred income | 492/3 | - | €3,306 | +€3,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,356 | €17,818 | -€16,537 | -48.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,479 | €0 | -€2,479 | -100.0% |
| Other operating charges | 640/8 | €1,437 | €30,413 | +€28,977 | +2017.1% |
| Gross operating margin | 9900 | -€71,576 | -€59,596 | +€11,980 | +16.7% |
| Operating profit (loss) | 9901 | -€109,847 | -€107,828 | +€2,020 | +1.8% |
| Financial charges | 65/66B | €1,402 | €1,903 | +€501 | +35.7% |
| Recurring financial charges | 65 | €1,402 | €1,903 | +€501 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€111,250 | -€109,731 | +€1,519 | +1.4% |
| Profit (loss) for the period | 9904 | -€111,250 | -€109,731 | +€1,519 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,250 | -€109,731 | +€1,519 | +1.4% |
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 5 October 2026 via checked.be.