P.R.I.: 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.
P.R.I.
Largest movements
- Tangible fixed assets -€36,930
down €36,930 (-22.7%), from €162,690 to €125,760
- Deferred charges and accrued income -€8,114
down €8,114 (-17.1%), from €47,361 to €39,247
- Receivables within one year +€7,174
up €7,174 (+8.1%), from €88,752 to €95,926
of which Other amounts receivable: +€10,056
- Cash +€3,350
up €3,350 (+59.1%), from €5,667 to €9,017
mainly Depreciation (+€38,103) and Deferred charges and accrued income (+€8,114)
- Debts after one year -€21,335
down €21,335 (-16.0%), from €133,421 to €112,087
- Other debts -€8,392
no longer reported in 2025 (was €8,392)
- Trade debts -€6,574
down €6,574 (-18.0%), from €36,454 to €29,880
- Tax, wage and social debts +€5,345
up €5,345 (+572%), from €934 to €6,278
- Current portion of long-term debt -€3,422
down €3,422 (-13.8%), from €24,757 to €21,335
- Gross operating margin -€11,061
down €11,061 (-18.2%), from €60,675 to €49,614
- Other operating charges -€2,205
down €2,205 (-34.4%), from €6,419 to €4,214
- Financial charges -€1,615
down €1,615 (-18.4%), from €8,755 to €7,140
- Depreciation +€700
up €700 (+1.9%), from €37,403 to €38,103
- Taxes -€610
down €610 (-77.4%), from €788 to €178
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 | €322,283 | €287,884 | -€34,399 | -10.7% |
| Fixed assets | 21/28 | €162,690 | €125,760 | -€36,930 | -22.7% |
| Tangible fixed assets | 22/27 | €162,690 | €125,760 | -€36,930 | -22.7% |
| Land and buildings | 22 | €88,999 | €80,629 | -€8,371 | -9.4% |
| Plant, machinery and equipment | 23 | €35,705 | €19,452 | -€16,253 | -45.5% |
| Furniture and vehicles | 24 | €6,025 | €4,881 | -€1,144 | -19.0% |
| Other tangible fixed assets | 26 | €31,961 | €20,799 | -€11,161 | -34.9% |
| Current assets | 29/58 | €159,593 | €162,124 | +€2,531 | +1.6% |
| Stocks and contracts in progress | 3 | €17,813 | €17,934 | +€121 | +0.7% |
| Stocks | 30/36 | €17,813 | €17,934 | +€121 | +0.7% |
| Amounts receivable within one year | 40/41 | €88,752 | €95,926 | +€7,174 | +8.1% |
| Trade receivables | 40 | €87,152 | €84,270 | -€2,882 | -3.3% |
| Other amounts receivable | 41 | €1,601 | €11,657 | +€10,056 | +628% |
| Cash at bank and in hand | 54/58 | €5,667 | €9,017 | +€3,350 | +59.1% |
| Deferred charges and accrued income | 490/1 | €47,361 | €39,247 | -€8,114 | -17.1% |
| Total equity and liabilities | 10/49 | €322,283 | €287,884 | -€34,399 | -10.7% |
| Equity | 10/15 | €118,325 | €118,304 | -€21 | 0.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €99,733 | €99,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €97,874 | €97,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€21 | -€21 | |
| Amounts payable | 17/49 | €203,958 | €169,580 | -€34,378 | -16.9% |
| Amounts payable after more than one year | 17 | €133,421 | €112,087 | -€21,335 | -16.0% |
| Financial debts | 170/4 | €133,421 | €112,087 | -€21,335 | -16.0% |
| Amounts payable within one year | 42/48 | €70,537 | €57,493 | -€13,043 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €24,757 | €21,335 | -€3,422 | -13.8% |
| Trade debts | 44 | €36,454 | €29,880 | -€6,574 | -18.0% |
| Suppliers | 440/4 | €36,454 | €29,880 | -€6,574 | -18.0% |
| Taxes, remuneration and social security | 45 | €934 | €6,278 | +€5,345 | +572% |
| Taxes | 450/3 | €934 | €6,278 | +€5,345 | +572% |
| Other amounts payable | 47/48 | €8,392 | - | -€8,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,403 | €38,103 | +€700 | +1.9% |
| Other operating charges | 640/8 | €6,419 | €4,214 | -€2,205 | -34.4% |
| Gross operating margin | 9900 | €60,675 | €49,614 | -€11,061 | -18.2% |
| Operating profit (loss) | 9901 | €16,852 | €7,297 | -€9,556 | -56.7% |
| Financial income | 75/76B | €10 | €0 | -€10 | -96.4% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -96.4% |
| Financial charges | 65/66B | €8,755 | €7,140 | -€1,615 | -18.4% |
| Recurring financial charges | 65 | €8,755 | €7,140 | -€1,615 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €8,107 | €157 | -€7,950 | -98.1% |
| Income taxes | 67/77 | €788 | €178 | -€610 | -77.4% |
| Profit (loss) for the period | 9904 | €7,319 | -€21 | -€7,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,319 | -€21 | -€7,340 |
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 28 October 2026 via checked.be.