LE PRINTANIER: 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 PRINTANIER
Largest movements
- Receivables within one year -€2,394
down €2,394 (-33.5%), from €7,152 to €4,758
of which Other amounts receivable: -€4,344
- Tangible fixed assets -€1,088
down €1,088 (-100%), from €1,088 to €0
of which Plant, machinery and equipment: -€656
- Profit (loss) carried forward -€10,984
down €10,984 (-8.1%), from -€135,988 to -€146,973
- Other debts +€7,909
up €7,909 (+7.2%), from €110,562 to €118,471
- Advances received -€395
no longer reported in 2025 (was €395)
- Short-term financial debts +€235
up €235 (+6.9%), from €3,381 to €3,615
- Trade debts -€226
down €226 (-36.2%), from €626 to €400
- Purchases and services -€7,311
down €7,311 (-66.5%), from €10,998 to €3,687
- Gross operating margin +€5,753
up €5,753 (+73.5%), from -€7,829 to -€2,076
- Financial charges -€1,766
down €1,766 (-44.9%), from €3,937 to €2,171
of which Financial charges: -€3,131
- Staff costs -€977
down €977 (-13.0%), from €7,532 to €6,555
- Financial income -€622
down €622 (-99.9%), from €623 to €0
of which Non-recurring financial income: -€622
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 | €8,358 | €4,810 | -€3,549 | -42.5% |
| Fixed assets | 21/28 | €1,088 | €0 | -€1,088 | -100% |
| Tangible fixed assets | 22/27 | €1,088 | €0 | -€1,088 | -100% |
| Plant, machinery and equipment | 23 | €656 | €0 | -€656 | -100% |
| Furniture and vehicles | 24 | €432 | €0 | -€432 | -100% |
| Current assets | 29/58 | €7,270 | €4,810 | -€2,461 | -33.8% |
| Amounts receivable within one year | 40/41 | €7,152 | €4,758 | -€2,394 | -33.5% |
| Trade receivables | 40 | - | €1,950 | +€1,950 | |
| Other amounts receivable | 41 | €7,152 | €2,808 | -€4,344 | -60.7% |
| Cash at bank and in hand | 54/58 | €119 | €52 | -€67 | -56.3% |
| Total equity and liabilities | 10/49 | €8,358 | €4,810 | -€3,549 | -42.5% |
| Equity | 10/15 | -€106,692 | -€117,676 | -€10,984 | -10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,696 | €10,696 | = | 0.0% |
| Distributable reserves | 133 | €10,696 | €10,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,988 | -€146,973 | -€10,984 | -8.1% |
| Amounts payable | 17/49 | €115,050 | €122,486 | +€7,436 | +6.5% |
| Amounts payable within one year | 42/48 | €115,050 | €122,486 | +€7,436 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €3,381 | €3,615 | +€235 | +6.9% |
| Other loans | 439 | €3,381 | €3,615 | +€235 | +6.9% |
| Trade debts | 44 | €626 | €400 | -€226 | -36.2% |
| Suppliers | 440/4 | €626 | €400 | -€226 | -36.2% |
| Advances received on contracts in progress | 46 | €395 | - | -€395 | |
| Taxes, remuneration and social security | 45 | €87 | €0 | -€87 | -100% |
| Taxes | 450/3 | €87 | - | -€87 | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €110,562 | €118,471 | +€7,909 | +7.2% |
| Non-recurring operating income | 76A | - | €1,612 | +€1,612 | |
| Goods, raw materials, services and sundry goods | 60/61 | €10,998 | €3,687 | -€7,311 | -66.5% |
| Remuneration, social security and pensions | 62 | €7,532 | €6,555 | -€977 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €741 | €190 | -€551 | -74.4% |
| Gross operating margin | 9900 | -€7,829 | -€2,076 | +€5,753 | +73.5% |
| Operating profit (loss) | 9901 | -€16,103 | -€8,821 | +€7,281 | +45.2% |
| Financial income | 75/76B | €623 | €0 | -€622 | -99.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -32.7% |
| Non-recurring financial income | 76B | €622 | - | -€622 | |
| Financial charges | 65/66B | €3,937 | €2,171 | -€1,766 | -44.9% |
| Recurring financial charges | 65 | €3,937 | €806 | -€3,131 | -79.5% |
| Non-recurring financial charges | 66B | - | €1,365 | +€1,365 | |
| Profit (loss) for the period before taxes | 9903 | -€19,417 | -€10,992 | +€8,425 | +43.4% |
| Income taxes | 67/77 | €87 | -€7 | -€94 | |
| Profit (loss) for the period | 9904 | -€19,504 | -€10,984 | +€8,519 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,504 | -€10,984 | +€8,519 | +43.7% |
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 25 October 2026 via checked.be.