LE PRINCE: 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.
LE PRINCE
Largest movements
- Cash -€29,029
down €29,029 (-13.5%), from €214,729 to €185,700
mainly Other debts (-€45,297) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets -€7,932
down €7,932 (-9.7%), from €82,096 to €74,164
of which Land and buildings: -€11,080
- Receivables within one year -€5,952
down €5,952 (-68.4%), from €8,701 to €2,749
- Other debts -€45,297
down €45,297 (-40.8%), from €111,122 to €65,824
- Reserves +€16,420
up €16,420 (+7.7%), from €213,977 to €230,397
of which Distributable reserves: +€16,420
- Debts after one year -€9,167
down €9,167 (-100.0%), from €9,167 to €0
- Gross operating margin -€8,718
down €8,718 (-7.8%), from €112,181 to €103,463
- Staff costs +€5,521
up €5,521 (+15.7%), from €35,233 to €40,754
- Financial income -€4,001
down €4,001 (-29.0%), from €13,780 to €9,779
- Taxes -€2,547
down €2,547 (-18.6%), from €13,660 to €11,113
- Financial charges -€1,921
down €1,921 (-23.0%), from €8,339 to €6,418
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 | €439,242 | €396,131 | -€43,111 | -9.8% |
| Fixed assets | 21/28 | €82,096 | €74,164 | -€7,932 | -9.7% |
| Tangible fixed assets | 22/27 | €82,096 | €74,164 | -€7,932 | -9.7% |
| Land and buildings | 22 | €68,695 | €57,615 | -€11,080 | -16.1% |
| Plant, machinery and equipment | 23 | €2,784 | €1,102 | -€1,682 | -60.4% |
| Furniture and vehicles | 24 | €2,343 | €0 | -€2,343 | -100.0% |
| Other tangible fixed assets | 26 | €8,274 | €15,447 | +€7,174 | +86.7% |
| Current assets | 29/58 | €357,146 | €321,966 | -€35,180 | -9.9% |
| Stocks and contracts in progress | 3 | €126,624 | €127,574 | +€950 | +0.8% |
| Stocks | 30/36 | €126,624 | €127,574 | +€950 | +0.8% |
| Amounts receivable within one year | 40/41 | €8,701 | €2,749 | -€5,952 | -68.4% |
| Trade receivables | 40 | €8,701 | €2,749 | -€5,952 | -68.4% |
| Cash at bank and in hand | 54/58 | €214,729 | €185,700 | -€29,029 | -13.5% |
| Deferred charges and accrued income | 490/1 | €7,092 | €5,943 | -€1,149 | -16.2% |
| Total equity and liabilities | 10/49 | €439,242 | €396,131 | -€43,111 | -9.8% |
| Equity | 10/15 | €232,577 | €248,997 | +€16,420 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,977 | €230,397 | +€16,420 | +7.7% |
| Tax-exempt reserves | 132 | €21,819 | €21,819 | = | 0.0% |
| Distributable reserves | 133 | €192,157 | €208,577 | +€16,420 | +8.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €206,666 | €147,134 | -€59,531 | -28.8% |
| Amounts payable after more than one year | 17 | €9,167 | €0 | -€9,167 | -100.0% |
| Financial debts | 170/4 | €9,167 | €0 | -€9,167 | -100.0% |
| Amounts payable within one year | 42/48 | €190,766 | €141,755 | -€49,011 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €10,833 | €10,001 | -€833 | -7.7% |
| Trade debts | 44 | €24,833 | €22,228 | -€2,605 | -10.5% |
| Suppliers | 440/4 | €24,833 | €22,228 | -€2,605 | -10.5% |
| Advances received on contracts in progress | 46 | €452 | €611 | +€159 | +35.2% |
| Taxes, remuneration and social security | 45 | €43,526 | €43,091 | -€435 | -1.0% |
| Taxes | 450/3 | €35,065 | €33,154 | -€1,911 | -5.5% |
| Remuneration and social security | 454/9 | €8,460 | €9,937 | +€1,476 | +17.4% |
| Other amounts payable | 47/48 | €111,122 | €65,824 | -€45,297 | -40.8% |
| Accrued charges and deferred income | 492/3 | €6,733 | €5,380 | -€1,353 | -20.1% |
| Remuneration, social security and pensions | 62 | €35,233 | €40,754 | +€5,521 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,124 | €16,717 | -€408 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,063 | €7,730 | +€667 | +9.5% |
| Other operating charges | 640/8 | €3,677 | €4,091 | +€414 | +11.3% |
| Gross operating margin | 9900 | €112,181 | €103,463 | -€8,718 | -7.8% |
| Operating profit (loss) | 9901 | €49,084 | €34,171 | -€14,913 | -30.4% |
| Financial income | 75/76B | €13,780 | €9,779 | -€4,001 | -29.0% |
| Recurring financial income | 75 | €13,780 | €9,779 | -€4,001 | -29.0% |
| Financial charges | 65/66B | €8,339 | €6,418 | -€1,921 | -23.0% |
| Recurring financial charges | 65 | €8,339 | €6,418 | -€1,921 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €54,525 | €37,533 | -€16,992 | -31.2% |
| Income taxes | 67/77 | €13,660 | €11,113 | -€2,547 | -18.6% |
| Profit (loss) for the period | 9904 | €40,865 | €26,420 | -€14,445 | -35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,865 | €26,420 | -€14,445 | -35.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.