DE PRINS: 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.
DE PRINS
Largest movements
- Tangible fixed assets -€41,719
down €41,719 (-31.4%), from €132,760 to €91,041
of which Furniture and vehicles: -€24,952
- Cash -€38,068
down €38,068 (-19.1%), from €199,524 to €161,456
mainly Other debts (-€51,466) and Receivables within one year (-€36,256)
- Receivables within one year +€36,256
up €36,256 (+101%), from €35,804 to €72,060
of which Trade receivables: +€34,306
- Other debts -€51,466
down €51,466 (-61.9%), from €83,118 to €31,652
- Trade debts +€14,745
up €14,745 (+63.3%), from €23,284 to €38,029
- Gross operating margin -€7,711
down €7,711 (-6.8%), from €113,953 to €106,242
- Taxes -€7,405
down €7,405 (-40.9%), from €18,105 to €10,700
- Write-downs +€3,843
up €3,843, from -€827 to €3,016
- Financial charges -€3,678
down €3,678 (-47.3%), from €7,783 to €4,105
- Financial income -€3,635
down €3,635 (-87.8%), from €4,141 to €506
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.
Derived cash bridge
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 | €377,406 | €332,058 | -€45,348 | -12.0% |
| Fixed assets | 21/28 | €132,760 | €91,041 | -€41,719 | -31.4% |
| Tangible fixed assets | 22/27 | €132,760 | €91,041 | -€41,719 | -31.4% |
| Plant, machinery and equipment | 23 | €58,428 | €41,661 | -€16,767 | -28.7% |
| Furniture and vehicles | 24 | €74,333 | €49,381 | -€24,952 | -33.6% |
| Current assets | 29/58 | €244,645 | €241,017 | -€3,628 | -1.5% |
| Stocks and contracts in progress | 3 | €8,404 | €7,501 | -€903 | -10.7% |
| Stocks | 30/36 | €8,404 | €7,501 | -€903 | -10.7% |
| Amounts receivable within one year | 40/41 | €35,804 | €72,060 | +€36,256 | +101% |
| Trade receivables | 40 | €35,709 | €70,015 | +€34,306 | +96.1% |
| Other amounts receivable | 41 | €95 | €2,045 | +€1,950 | +2,050% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €199,524 | €161,456 | -€38,068 | -19.1% |
| Deferred charges and accrued income | 490/1 | €914 | €0 | -€914 | -100% |
| Total equity and liabilities | 10/49 | €377,406 | €332,058 | -€45,348 | -12.0% |
| Equity | 10/15 | €243,225 | €239,588 | -€3,637 | -1.5% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €206,041 | €202,404 | -€3,637 | -1.8% |
| Tax-exempt reserves | 132 | €3,859 | €3,859 | = | 0.0% |
| Distributable reserves | 133 | €202,182 | €198,545 | -€3,637 | -1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €134,181 | €92,470 | -€41,710 | -31.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €134,181 | €92,470 | -€41,710 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €2,700 | €0 | -€2,700 | -100% |
| Financial debts | 43 | €1,385 | €442 | -€943 | -68.1% |
| Credit institutions | 430/8 | €1,385 | €442 | -€943 | -68.1% |
| Trade debts | 44 | €23,284 | €38,029 | +€14,745 | +63.3% |
| Suppliers | 440/4 | €23,284 | €38,029 | +€14,745 | +63.3% |
| Taxes, remuneration and social security | 45 | €23,694 | €22,347 | -€1,346 | -5.7% |
| Taxes | 450/3 | €14,814 | €13,467 | -€1,346 | -9.1% |
| Remuneration and social security | 454/9 | €8,880 | €8,880 | = | 0.0% |
| Other amounts payable | 47/48 | €83,118 | €31,652 | -€51,466 | -61.9% |
| Non-recurring operating income | 76A | €9,942 | €0 | -€9,942 | -100% |
| Remuneration, social security and pensions | 62 | €1,519 | €1,440 | -€79 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,776 | €43,155 | +€3,379 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€827 | €3,016 | +€3,843 | |
| Other operating charges | 640/8 | €15,948 | €15,176 | -€772 | -4.8% |
| Gross operating margin | 9900 | €113,953 | €106,242 | -€7,711 | -6.8% |
| Operating profit (loss) | 9901 | €57,537 | €43,455 | -€14,082 | -24.5% |
| Financial income | 75/76B | €4,141 | €506 | -€3,635 | -87.8% |
| Recurring financial income | 75 | €4,141 | €506 | -€3,635 | -87.8% |
| Financial charges | 65/66B | €7,783 | €4,105 | -€3,678 | -47.3% |
| Recurring financial charges | 65 | €7,783 | €4,105 | -€3,678 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €53,895 | €39,857 | -€14,038 | -26.0% |
| Income taxes | 67/77 | €18,105 | €10,700 | -€7,405 | -40.9% |
| Profit (loss) for the period | 9904 | €35,791 | €29,157 | -€6,634 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,791 | €29,157 | -€6,634 | -18.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.