PROSPECTCO: 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.
PROSPECTCO
Largest movements
- Cash -€554,026
down €554,026 (-77.0%), from €719,076 to €165,049
mainly Receivables within one year (-€294,227) and Trade debts (-€152,099)
- Receivables within one year +€294,227
up €294,227 (+1,539%), from €19,112 to €313,339
of which Trade receivables: +€290,403
- Tangible fixed assets -€146,361
down €146,361 (-10.1%), from €1.4m to €1.3m
of which Land and buildings: -€145,530
- Trade debts -€152,099
down €152,099 (-96.9%), from €156,919 to €4,820
- Profit (loss) carried forward -€124,097
down €124,097 (-65.8%), from -€188,496 to -€312,593
- Other debts -€110,107
down €110,107 (-56.0%), from €196,490 to €86,382
- Financial charges +€24,883
up €24,883 (+34.5%), from €72,091 to €96,973
- Depreciation -€6,641
down €6,641 (-13.4%), from €49,577 to €42,936
- Other operating charges -€3,194
down €3,194 (-21.1%), from €15,144 to €11,951
- Gross operating margin -€1,378
down €1,378 (-4.7%), from €29,470 to €28,092
- Taxes +€333
up €333, from -€5 to €329
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,185,802 | €1,779,206 | -€406,596 | -18.6% |
| Fixed assets | 21/28 | €1,445,868 | €1,298,982 | -€146,886 | -10.2% |
| Tangible fixed assets | 22/27 | €1,445,343 | €1,298,982 | -€146,361 | -10.1% |
| Land and buildings | 22 | €1,418,286 | €1,272,755 | -€145,530 | -10.3% |
| Plant, machinery and equipment | 23 | €1,296 | €928 | -€368 | -28.4% |
| Furniture and vehicles | 24 | €25,762 | €25,299 | -€463 | -1.8% |
| Financial fixed assets | 28 | €525 | €0 | -€525 | -100% |
| Current assets | 29/58 | €739,934 | €480,224 | -€259,710 | -35.1% |
| Amounts receivable within one year | 40/41 | €19,112 | €313,339 | +€294,227 | +1,539% |
| Trade receivables | 40 | €12,370 | €302,773 | +€290,403 | +2,348% |
| Other amounts receivable | 41 | €6,742 | €10,566 | +€3,824 | +56.7% |
| Cash at bank and in hand | 54/58 | €719,076 | €165,049 | -€554,026 | -77.0% |
| Deferred charges and accrued income | 490/1 | €1,746 | €1,836 | +€89 | +5.1% |
| Total equity and liabilities | 10/49 | €2,185,802 | €1,779,206 | -€406,596 | -18.6% |
| Equity | 10/15 | €202,277 | €78,180 | -€124,097 | -61.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €315,773 | €315,773 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €308,273 | €308,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,496 | -€312,593 | -€124,097 | -65.8% |
| Amounts payable | 17/49 | €1,983,526 | €1,701,026 | -€282,499 | -14.2% |
| Amounts payable after more than one year | 17 | €107,665 | €92,815 | -€14,850 | -13.8% |
| Financial debts | 170/4 | €107,665 | €92,815 | -€14,850 | -13.8% |
| Amounts payable within one year | 42/48 | €1,875,860 | €1,606,053 | -€269,807 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €14,018 | €14,850 | +€832 | +5.9% |
| Financial debts | 43 | €1,500,000 | €1,500,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,500,000 | €1,500,000 | = | 0.0% |
| Trade debts | 44 | €156,919 | €4,820 | -€152,099 | -96.9% |
| Suppliers | 440/4 | €156,919 | €4,820 | -€152,099 | -96.9% |
| Taxes, remuneration and social security | 45 | €8,433 | €0 | -€8,433 | -100% |
| Taxes | 450/3 | €8,433 | €0 | -€8,433 | -100% |
| Other amounts payable | 47/48 | €196,490 | €86,382 | -€110,107 | -56.0% |
| Accrued charges and deferred income | 492/3 | €0 | €2,158 | +€2,158 | |
| Non-recurring operating income | 76A | €2,396 | €27,663 | +€25,267 | +1,054% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,577 | €42,936 | -€6,641 | -13.4% |
| Other operating charges | 640/8 | €15,144 | €11,951 | -€3,194 | -21.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €29,470 | €28,092 | -€1,378 | -4.7% |
| Operating profit (loss) | 9901 | -€35,251 | -€26,795 | +€8,456 | +24.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €72,091 | €96,973 | +€24,883 | +34.5% |
| Recurring financial charges | 65 | €72,091 | €96,973 | +€24,883 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | -€107,341 | -€123,768 | -€16,427 | -15.3% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | -€5 | €329 | +€333 | |
| Profit (loss) for the period | 9904 | -€107,336 | -€124,097 | -€16,760 | -15.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,336 | -€124,097 | -€16,760 | -15.6% |
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 17 October 2026 via checked.be.