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
- Stocks and contracts +€23,504
up €23,504 (+6.8%), from €344,498 to €368,002
- Cash +€4,991
up €4,991 (+12.0%), from €41,445 to €46,436
mainly Trade debts (+€22,061) and Net result for the year (+€11,420)
- Trade debts +€22,061
up €22,061 (+25.0%), from €88,139 to €110,200
- Reserves +€11,420
up €11,420 (+44.8%), from €25,491 to €36,911
of which Distributable reserves: +€11,420
- Accrued charges and deferred income -€9,286
down €9,286 (-74.0%), from €12,553 to €3,267
- Debts after one year -€4,800
down €4,800 (-5.7%), from €84,084 to €79,284
- Staff costs -€8,812
down €8,812 (-17.8%), from €49,647 to €40,834
- Taxes +€3,165
up €3,165 (+131.7%), from €2,403 to €5,569
- Gross operating margin +€1,784
up €1,784 (+2.7%), from €64,940 to €66,725
- Other operating charges -€806
down €806 (-33.6%), from €2,400 to €1,594
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 | €407,538 | €428,659 | +€21,121 | +5.2% |
| Fixed assets | 21/28 | €15,159 | €11,308 | -€3,851 | -25.4% |
| Tangible fixed assets | 22/27 | €14,707 | €10,857 | -€3,851 | -26.2% |
| Furniture and vehicles | 24 | €14,707 | €10,857 | -€3,851 | -26.2% |
| Financial fixed assets | 28 | €451 | €451 | = | 0.0% |
| Current assets | 29/58 | €392,380 | €417,352 | +€24,972 | +6.4% |
| Stocks and contracts in progress | 3 | €344,498 | €368,002 | +€23,504 | +6.8% |
| Stocks | 30/36 | €344,498 | €368,002 | +€23,504 | +6.8% |
| Amounts receivable within one year | 40/41 | - | €466 | +€466 | |
| Trade receivables | 40 | - | €466 | +€466 | |
| Cash at bank and in hand | 54/58 | €41,445 | €46,436 | +€4,991 | +12.0% |
| Deferred charges and accrued income | 490/1 | €6,436 | €2,447 | -€3,989 | -62.0% |
| Total equity and liabilities | 10/49 | €407,538 | €428,659 | +€21,121 | +5.2% |
| Equity | 10/15 | €198,824 | €208,578 | +€9,754 | +4.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €25,491 | €36,911 | +€11,420 | +44.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €19,291 | €30,711 | +€11,420 | +59.2% |
| Profit (loss) carried forward | 14 | €111,333 | €109,667 | -€1,666 | -1.5% |
| Amounts payable | 17/49 | €208,714 | €220,081 | +€11,367 | +5.4% |
| Amounts payable after more than one year | 17 | €84,084 | €79,284 | -€4,800 | -5.7% |
| Other amounts payable | 178/9 | €84,084 | €79,284 | -€4,800 | -5.7% |
| Amounts payable within one year | 42/48 | €112,077 | €137,530 | +€25,453 | +22.7% |
| Trade debts | 44 | €88,139 | €110,200 | +€22,061 | +25.0% |
| Suppliers | 440/4 | €88,139 | €110,200 | +€22,061 | +25.0% |
| Taxes, remuneration and social security | 45 | €17,832 | €19,733 | +€1,901 | +10.7% |
| Taxes | 450/3 | €7,119 | €9,875 | +€2,756 | +38.7% |
| Remuneration and social security | 454/9 | €10,713 | €9,858 | -€855 | -8.0% |
| Other amounts payable | 47/48 | €6,107 | €7,597 | +€1,490 | +24.4% |
| Accrued charges and deferred income | 492/3 | €12,553 | €3,267 | -€9,286 | -74.0% |
| Non-recurring operating income | 76A | - | €24,347 | +€24,347 | |
| Remuneration, social security and pensions | 62 | €49,647 | €40,834 | -€8,812 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,895 | €3,851 | -€44 | -1.1% |
| Other operating charges | 640/8 | €2,400 | €1,594 | -€806 | -33.6% |
| Gross operating margin | 9900 | €64,940 | €66,725 | +€1,784 | +2.7% |
| Operating profit (loss) | 9901 | €8,999 | €20,446 | +€11,447 | +127.2% |
| Financial income | 75/76B | €8 | €128 | +€120 | +1463.9% |
| Recurring financial income | 75 | €8 | €128 | +€120 | +1463.9% |
| Financial charges | 65/66B | €4,040 | €3,585 | -€455 | -11.3% |
| Recurring financial charges | 65 | €4,040 | €3,585 | -€455 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €4,967 | €16,989 | +€12,022 | +242.0% |
| Income taxes | 67/77 | €2,403 | €5,569 | +€3,165 | +131.7% |
| Profit (loss) for the period | 9904 | €2,564 | €11,420 | +€8,856 | +345.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,564 | €11,420 | +€8,856 | +345.5% |
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 9 October 2026 via checked.be.