PROSPECT RE DEVELOPMENT: what changed
PROSPECT RE DEVELOPMENT
Largest movements
- Tangible fixed assets -€544,966
down €544,966 (-82.1%), from €663,577 to €118,611
of which Land and buildings: -€521,881
- Deferred charges and accrued income +€413,550
up €413,550 (+2,033%), from €20,344 to €433,895
- Receivables within one year +€82,254
up €82,254 (+17.6%), from €466,997 to €549,251
of which Other amounts receivable: +€82,254
- Stocks and contracts -€69,413
down €69,413 (-14.9%), from €467,220 to €397,807
- Cash -€49,653
down €49,653 (-91.7%), from €54,138 to €4,485
mainly Deferred charges and accrued income (-€413,550) and Debts after one year (-€364,894)
- Debts after one year -€364,894
down €364,894 (-35.6%), from €1.0m to €659,209
- Current portion of long-term debt +€122,308
up €122,308 (+9.9%), from €1.2m to €1.4m
- Other debts +€81,048
up €81,048 (+23.7%), from €342,590 to €423,638
- Profit (loss) carried forward -€71,035
down €71,035 (-36.0%), from €197,393 to €126,358
- Tax, wage and social debts +€40,806
up €40,806 (+150%), from €27,293 to €68,099
of which Taxes: +€39,185
- Gross operating margin +€209,812
up €209,812, from -€141,194 to €68,617
- Depreciation +€11,212
up €11,212 (+59.7%), from €18,767 to €29,979
- Financial income +€10,849
up €10,849 (+53.3%), from €20,359 to €31,208
- Financial charges +€7,235
up €7,235 (+9.5%), from €76,145 to €83,381
- Other operating charges +€1,633
up €1,633 (+17.2%), from €9,466 to €11,099
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,865,060 | €2,696,832 | -€168,228 | -5.9% |
| Fixed assets | 21/28 | €1,790,577 | €1,245,611 | -€544,966 | -30.4% |
| Tangible fixed assets | 22/27 | €663,577 | €118,611 | -€544,966 | -82.1% |
| Land and buildings | 22 | €562,037 | €40,157 | -€521,881 | -92.9% |
| Plant, machinery and equipment | 23 | €3,186 | €1,520 | -€1,667 | -52.3% |
| Furniture and vehicles | 24 | €18,030 | €10,682 | -€7,348 | -40.8% |
| Other tangible fixed assets | 26 | €80,323 | €66,253 | -€14,070 | -17.5% |
| Financial fixed assets | 28 | €1,127,000 | €1,127,000 | = | 0.0% |
| Current assets | 29/58 | €1,074,483 | €1,451,221 | +€376,738 | +35.1% |
| Amounts receivable after more than one year | 29 | €65,783 | €65,783 | = | 0.0% |
| Other amounts receivable | 291 | €65,783 | €65,783 | = | 0.0% |
| Stocks and contracts in progress | 3 | €467,220 | €397,807 | -€69,413 | -14.9% |
| Stocks | 30/36 | €467,220 | €397,807 | -€69,413 | -14.9% |
| Amounts receivable within one year | 40/41 | €466,997 | €549,251 | +€82,254 | +17.6% |
| Trade receivables | 40 | €22,238 | €22,238 | = | 0.0% |
| Other amounts receivable | 41 | €444,759 | €527,013 | +€82,254 | +18.5% |
| Cash at bank and in hand | 54/58 | €54,138 | €4,485 | -€49,653 | -91.7% |
| Deferred charges and accrued income | 490/1 | €20,344 | €433,895 | +€413,550 | +2,033% |
| Total equity and liabilities | 10/49 | €2,865,060 | €2,696,832 | -€168,228 | -5.9% |
| Equity | 10/15 | €215,982 | €144,948 | -€71,035 | -32.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,389 | €12,389 | = | 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 | €10,529 | €10,529 | = | 0.0% |
| Profit (loss) carried forward | 14 | €197,393 | €126,358 | -€71,035 | -36.0% |
| Amounts payable | 17/49 | €2,649,077 | €2,551,884 | -€97,193 | -3.7% |
| Amounts payable after more than one year | 17 | €1,024,102 | €659,209 | -€364,894 | -35.6% |
| Financial debts | 170/4 | €1,024,102 | €659,209 | -€364,894 | -35.6% |
| Amounts payable within one year | 42/48 | €1,611,839 | €1,880,630 | +€268,791 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €1,239,353 | €1,361,660 | +€122,308 | +9.9% |
| Trade debts | 44 | €2,603 | €27,233 | +€24,630 | +946% |
| Suppliers | 440/4 | €2,603 | €27,233 | +€24,630 | +946% |
| Taxes, remuneration and social security | 45 | €27,293 | €68,099 | +€40,806 | +150% |
| Taxes | 450/3 | €9,875 | €49,060 | +€39,185 | +397% |
| Remuneration and social security | 454/9 | €17,418 | €19,039 | +€1,621 | +9.3% |
| Other amounts payable | 47/48 | €342,590 | €423,638 | +€81,048 | +23.7% |
| Accrued charges and deferred income | 492/3 | €13,136 | €12,045 | -€1,091 | -8.3% |
| Non-recurring operating income | 76A | - | €205,013 | +€205,013 | |
| Remuneration, social security and pensions | 62 | €47,512 | €46,374 | -€1,139 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,767 | €29,979 | +€11,212 | +59.7% |
| Other operating charges | 640/8 | €9,466 | €11,099 | +€1,633 | +17.2% |
| Gross operating margin | 9900 | -€141,194 | €68,617 | +€209,812 | |
| Operating profit (loss) | 9901 | -€216,940 | -€18,835 | +€198,106 | +91.3% |
| Financial income | 75/76B | €20,359 | €31,208 | +€10,849 | +53.3% |
| Recurring financial income | 75 | €20,359 | €31,208 | +€10,849 | +53.3% |
| Financial charges | 65/66B | €76,145 | €83,381 | +€7,235 | +9.5% |
| Recurring financial charges | 65 | €76,145 | €83,381 | +€7,235 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€272,727 | -€71,008 | +€201,719 | +74.0% |
| Income taxes | 67/77 | €492 | €27 | -€464 | -94.5% |
| Profit (loss) for the period | 9904 | -€273,218 | -€71,035 | +€202,183 | +74.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€273,218 | -€71,035 | +€202,183 | +74.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.