R.E.D. PRESTIGE: 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.
R.E.D. PRESTIGE
Largest movements
- Receivables within one year +€28,330
new in 2025: €28,330
of which Trade receivables: +€23,830
- Tangible fixed assets +€6,981
up €6,981 (+48.0%), from €14,531 to €21,512
of which Furniture and vehicles: +€10,210
- Cash -€3,433
down €3,433 (-69.4%), from €4,943 to €1,510
mainly Receivables within one year (-€28,330) and Investment in fixed assets (net) (-€13,604)
- Receivables after one year -€2,412
down €2,412 (-4.2%), from €57,408 to €54,996
- Deferred charges and accrued income +€1,875
up €1,875 (+31.9%), from €5,881 to €7,756
- Trade debts +€16,311
up €16,311 (+279.6%), from €5,833 to €22,144
- Advances received +€11,392
new in 2025: €11,392
- Reserves +€9,092
up €9,092 (+27.6%), from €32,998 to €42,089
of which Distributable reserves: +€9,092
- Tax, wage and social debts -€5,453
down €5,453 (-28.8%), from €18,963 to €13,510
of which Taxes: -€4,929
- Gross operating margin +€5,469
up €5,469 (+32.1%), from €17,057 to €22,526
- Other operating charges -€3,724
down €3,724 (-82.9%), from €4,493 to €769
- Taxes +€3,209
up €3,209 (+90.1%), from €3,562 to €6,771
- Depreciation +€1,868
up €1,868 (+39.3%), from €4,755 to €6,623
- Financial income +€469
up €469 (+25.9%), from €1,807 to €2,276
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 | €82,763 | €114,105 | +€31,342 | +37.9% |
| Fixed assets | 21/28 | €14,531 | €21,512 | +€6,981 | +48.0% |
| Tangible fixed assets | 22/27 | €14,531 | €21,512 | +€6,981 | +48.0% |
| Plant, machinery and equipment | 23 | €3,910 | €1,667 | -€2,244 | -57.4% |
| Furniture and vehicles | 24 | €4,334 | €14,544 | +€10,210 | +235.6% |
| Other tangible fixed assets | 26 | €6,287 | €5,301 | -€986 | -15.7% |
| Current assets | 29/58 | €68,232 | €92,593 | +€24,361 | +35.7% |
| Amounts receivable after more than one year | 29 | €57,408 | €54,996 | -€2,412 | -4.2% |
| Other amounts receivable | 291 | €57,408 | €54,996 | -€2,412 | -4.2% |
| Amounts receivable within one year | 40/41 | - | €28,330 | +€28,330 | |
| Trade receivables | 40 | - | €23,830 | +€23,830 | |
| Other amounts receivable | 41 | - | €4,500 | +€4,500 | |
| Cash at bank and in hand | 54/58 | €4,943 | €1,510 | -€3,433 | -69.4% |
| Deferred charges and accrued income | 490/1 | €5,881 | €7,756 | +€1,875 | +31.9% |
| Total equity and liabilities | 10/49 | €82,763 | €114,105 | +€31,342 | +37.9% |
| Equity | 10/15 | €57,967 | €67,058 | +€9,092 | +15.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,998 | €42,089 | +€9,092 | +27.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €31,138 | €40,230 | +€9,092 | +29.2% |
| Profit (loss) carried forward | 14 | €6,377 | €6,377 | = | 0.0% |
| Amounts payable | 17/49 | €24,796 | €47,047 | +€22,251 | +89.7% |
| Amounts payable within one year | 42/48 | €24,796 | €47,047 | +€22,251 | +89.7% |
| Trade debts | 44 | €5,833 | €22,144 | +€16,311 | +279.6% |
| Suppliers | 440/4 | €5,833 | €22,144 | +€16,311 | +279.6% |
| Advances received on contracts in progress | 46 | - | €11,392 | +€11,392 | |
| Taxes, remuneration and social security | 45 | €18,963 | €13,510 | -€5,453 | -28.8% |
| Taxes | 450/3 | €18,439 | €13,510 | -€4,929 | -26.7% |
| Remuneration and social security | 454/9 | €524 | - | -€524 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,755 | €6,623 | +€1,868 | +39.3% |
| Other operating charges | 640/8 | €4,493 | €769 | -€3,724 | -82.9% |
| Non-recurring operating charges | 66A | €1,716 | - | -€1,716 | |
| Gross operating margin | 9900 | €17,057 | €22,526 | +€5,469 | +32.1% |
| Operating profit (loss) | 9901 | €6,093 | €15,134 | +€9,041 | +148.4% |
| Financial income | 75/76B | €1,807 | €2,276 | +€469 | +25.9% |
| Recurring financial income | 75 | €1,807 | €2,276 | +€469 | +25.9% |
| Financial charges | 65/66B | €1,828 | €1,548 | -€280 | -15.3% |
| Recurring financial charges | 65 | €1,828 | €1,548 | -€280 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €6,072 | €15,862 | +€9,790 | +161.2% |
| Income taxes | 67/77 | €3,562 | €6,771 | +€3,209 | +90.1% |
| Profit (loss) for the period | 9904 | €2,511 | €9,092 | +€6,581 | +262.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,511 | €9,092 | +€6,581 | +262.1% |
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 9 October 2026 via checked.be.