Les Princesses: 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.
Les Princesses
Largest movements
- Cash +€24,351
up €24,351 (+307%), from €7,937 to €32,288
mainly Net result for the year (+€57,681) and Tax, wage and social debts (+€12,767)
- Tangible fixed assets -€6,565
down €6,565 (-13.3%), from €49,321 to €42,757
of which Plant, machinery and equipment: -€6,364
- Reserves +€57,681
up €57,681 (+39.6%), from €145,765 to €203,446
- Other debts -€28,827
down €28,827 (-99.0%), from €29,132 to €305
- Trade debts -€19,683
down €19,683 (-21.0%), from €93,631 to €73,948
- Tax, wage and social debts +€12,767
up €12,767 (+21.9%), from €58,412 to €71,179
of which Taxes: +€9,710
- Debts after one year -€5,942
down €5,942 (-11.6%), from €51,258 to €45,317
- Purchases and services +€26,300
up €26,300 (+3.8%), from €687,573 to €713,872
- Staff costs +€23,096
up €23,096 (+33.2%), from €69,554 to €92,650
- Gross operating margin +€12,611
up €12,611 (+6.7%), from €188,072 to €200,684
- Financial charges +€2,636
up €2,636 (+47.0%), from €5,611 to €8,247
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 | €490,342 | €508,211 | +€17,869 | +3.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €49,321 | €42,757 | -€6,565 | -13.3% |
| Tangible fixed assets | 22/27 | €49,321 | €42,757 | -€6,565 | -13.3% |
| Plant, machinery and equipment | 23 | €47,022 | €40,658 | -€6,364 | -13.5% |
| Furniture and vehicles | 24 | €2,300 | €2,099 | -€201 | -8.7% |
| Current assets | 29/58 | €441,020 | €465,454 | +€24,433 | +5.5% |
| Stocks and contracts in progress | 3 | €428,952 | €428,133 | -€819 | -0.2% |
| Stocks | 30/36 | €428,952 | €428,133 | -€819 | -0.2% |
| Amounts receivable within one year | 40/41 | €300 | €300 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €300 | €300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,937 | €32,288 | +€24,351 | +307% |
| Deferred charges and accrued income | 490/1 | €3,831 | €4,733 | +€901 | +23.5% |
| Total equity and liabilities | 10/49 | €490,342 | €508,211 | +€17,869 | +3.6% |
| Equity | 10/15 | €186,839 | €244,519 | +€57,681 | +30.9% |
| Contributions | 10/11 | €7,080 | €7,080 | = | 0.0% |
| Reserves | 13 | €145,765 | €203,446 | +€57,681 | +39.6% |
| Distributable reserves | 133 | €145,765 | €203,446 | +€57,681 | +39.6% |
| Profit (loss) carried forward | 14 | €33,993 | €33,993 | = | 0.0% |
| Amounts payable | 17/49 | €303,503 | €263,691 | -€39,812 | -13.1% |
| Amounts payable after more than one year | 17 | €51,258 | €45,317 | -€5,942 | -11.6% |
| Financial debts | 170/4 | €51,258 | €45,317 | -€5,942 | -11.6% |
| Amounts payable within one year | 42/48 | €252,245 | €218,375 | -€33,870 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €60,816 | €60,942 | +€126 | +0.2% |
| Financial debts | 43 | €10,253 | €12,000 | +€1,748 | +17.0% |
| Credit institutions | 430/8 | €10,253 | €12,000 | +€1,748 | +17.0% |
| Trade debts | 44 | €93,631 | €73,948 | -€19,683 | -21.0% |
| Suppliers | 440/4 | €93,631 | €73,948 | -€19,683 | -21.0% |
| Taxes, remuneration and social security | 45 | €58,412 | €71,179 | +€12,767 | +21.9% |
| Taxes | 450/3 | €48,393 | €58,103 | +€9,710 | +20.1% |
| Remuneration and social security | 454/9 | €10,019 | €13,076 | +€3,057 | +30.5% |
| Other amounts payable | 47/48 | €29,132 | €305 | -€28,827 | -99.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €687,573 | €713,872 | +€26,300 | +3.8% |
| Remuneration, social security and pensions | 62 | €69,554 | €92,650 | +€23,096 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,140 | €8,423 | -€716 | -7.8% |
| Other operating charges | 640/8 | €763 | €237 | -€525 | -68.9% |
| Non-recurring operating charges | 66A | €81 | €63 | -€18 | -21.8% |
| Gross operating margin | 9900 | €188,072 | €200,684 | +€12,611 | +6.7% |
| Operating profit (loss) | 9901 | €108,535 | €99,310 | -€9,225 | -8.5% |
| Financial income | 75/76B | €611 | €397 | -€213 | -34.9% |
| Recurring financial income | 75 | €611 | €397 | -€213 | -34.9% |
| Financial charges | 65/66B | €5,611 | €8,247 | +€2,636 | +47.0% |
| Recurring financial charges | 65 | €5,611 | €8,247 | +€2,636 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €103,534 | €91,460 | -€12,074 | -11.7% |
| Income taxes | 67/77 | €32,635 | €33,780 | +€1,144 | +3.5% |
| Profit (loss) for the period | 9904 | €70,899 | €57,681 | -€13,219 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,899 | €57,681 | -€13,219 | -18.6% |
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 19 October 2026 via checked.be.