INDUSTRIAL PRINTING COMPONENTS: 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.
INDUSTRIAL PRINTING COMPONENTS
Largest movements
- Cash +€44,723
up €44,723 (+104%), from €43,130 to €87,853
mainly Stocks and contracts (+€31,508) and Depreciation (+€14,384)
- Stocks and contracts -€31,508
down €31,508 (-38.5%), from €81,773 to €50,265
- Tangible fixed assets -€12,526
down €12,526 (-25.8%), from €48,557 to €36,031
of which Furniture and vehicles: -€10,013
- Receivables within one year -€11,252
down €11,252 (-9.4%), from €120,239 to €108,987
of which Trade receivables: -€16,278
- Other debts -€19,963
no longer reported in 2026 (was €19,963)
- Debts after one year -€16,374
down €16,374 (-50.3%), from €32,577 to €16,203
- Trade debts +€10,197
up €10,197 (+24.3%), from €41,957 to €52,153
- Current portion of long-term debt +€8,351
new in 2026: €8,351
- Reserves +€6,736
up €6,736 (+5.1%), from €131,904 to €138,640
- Gross operating margin -€20,140
down €20,140 (-26.5%), from €75,860 to €55,720
- Staff costs -€13,645
down €13,645 (-31.8%), from €42,936 to €29,291
- Other operating charges -€4,019
down €4,019 (-75.4%), from €5,331 to €1,312
- Depreciation -€2,313
down €2,313 (-13.9%), from €16,698 to €14,384
- Financial income +€2,181
up €2,181 (+289%), from €755 to €2,937
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,728 | €283,164 | -€10,564 | -3.6% |
| Fixed assets | 21/28 | €48,585 | €36,059 | -€12,526 | -25.8% |
| Tangible fixed assets | 22/27 | €48,557 | €36,031 | -€12,526 | -25.8% |
| Plant, machinery and equipment | 23 | €3,646 | €1,132 | -€2,514 | -68.9% |
| Furniture and vehicles | 24 | €44,911 | €34,899 | -€10,013 | -22.3% |
| Financial fixed assets | 28 | €28 | €28 | = | 0.0% |
| Current assets | 29/58 | €245,142 | €247,105 | +€1,963 | +0.8% |
| Stocks and contracts in progress | 3 | €81,773 | €50,265 | -€31,508 | -38.5% |
| Stocks | 30/36 | €81,773 | €50,265 | -€31,508 | -38.5% |
| Amounts receivable within one year | 40/41 | €120,239 | €108,987 | -€11,252 | -9.4% |
| Trade receivables | 40 | €117,054 | €100,777 | -€16,278 | -13.9% |
| Other amounts receivable | 41 | €3,185 | €8,210 | +€5,025 | +158% |
| Cash at bank and in hand | 54/58 | €43,130 | €87,853 | +€44,723 | +104% |
| Total equity and liabilities | 10/49 | €293,728 | €283,164 | -€10,564 | -3.6% |
| Equity | 10/15 | €184,171 | €190,907 | +€6,736 | +3.7% |
| Contributions | 10/11 | €52,268 | €52,268 | = | 0.0% |
| Contributions outside capital | 11 | €52,268 | €52,268 | = | 0.0% |
| Other | 1109/19 | €52,268 | €52,268 | = | 0.0% |
| Reserves | 13 | €131,904 | €138,640 | +€6,736 | +5.1% |
| Distributable reserves | 133 | €131,904 | €138,640 | +€6,736 | +5.1% |
| Amounts payable | 17/49 | €109,556 | €92,257 | -€17,300 | -15.8% |
| Amounts payable after more than one year | 17 | €32,577 | €16,203 | -€16,374 | -50.3% |
| Financial debts | 170/4 | €32,577 | €16,203 | -€16,374 | -50.3% |
| Amounts payable within one year | 42/48 | €76,980 | €76,053 | -€926 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | - | €8,351 | +€8,351 | |
| Financial debts | 43 | €2,938 | - | -€2,938 | |
| Credit institutions | 430/8 | €2,938 | - | -€2,938 | |
| Trade debts | 44 | €41,957 | €52,153 | +€10,197 | +24.3% |
| Suppliers | 440/4 | €41,957 | €52,153 | +€10,197 | +24.3% |
| Taxes, remuneration and social security | 45 | €12,122 | €15,550 | +€3,427 | +28.3% |
| Taxes | 450/3 | €5,750 | €10,143 | +€4,393 | +76.4% |
| Remuneration and social security | 454/9 | €6,372 | €5,406 | -€966 | -15.2% |
| Other amounts payable | 47/48 | €19,963 | - | -€19,963 | |
| Remuneration, social security and pensions | 62 | €42,936 | €29,291 | -€13,645 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,698 | €14,384 | -€2,313 | -13.9% |
| Other operating charges | 640/8 | €5,331 | €1,312 | -€4,019 | -75.4% |
| Gross operating margin | 9900 | €75,860 | €55,720 | -€20,140 | -26.5% |
| Operating profit (loss) | 9901 | €10,895 | €10,733 | -€162 | -1.5% |
| Financial income | 75/76B | €755 | €2,937 | +€2,181 | +289% |
| Recurring financial income | 75 | €755 | €2,937 | +€2,181 | +289% |
| Financial charges | 65/66B | €4,004 | €2,860 | -€1,144 | -28.6% |
| Recurring financial charges | 65 | €3,699 | €2,680 | -€1,019 | -27.6% |
| Non-recurring financial charges | 66B | €304 | €180 | -€125 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €7,647 | €10,810 | +€3,163 | +41.4% |
| Income taxes | 67/77 | €3,090 | €4,074 | +€983 | +31.8% |
| Profit (loss) for the period | 9904 | €4,557 | €6,736 | +€2,180 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,557 | €6,736 | +€2,180 | +47.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.