PRINCE FILIP: 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.
PRINCE FILIP
Largest movements
- Receivables within one year -€21,403
down €21,403 (-64.1%), from €33,374 to €11,971
of which Other amounts receivable: -€12,330
- Tangible fixed assets +€463
new in 2024: €463
- Profit (loss) carried forward -€28,262
new in 2024: -€28,262
- Other debts +€17,031
new in 2024: €17,031
- Trade debts -€10,683
down €10,683 (-78.5%), from €13,610 to €2,927
- Tax, wage and social debts +€1,265
up €1,265 (+163%), from €775 to €2,040
- Short-term financial debts -€419
down €419 (-12.8%), from €3,276 to €2,857
- Financial income -€1,038
down €1,038 (-53.7%), from €1,934 to €896
- Other operating charges -€1,037
down €1,037 (-80.2%), from €1,293 to €256
- Gross operating margin +€713
up €713 (+10.8%), from -€6,604 to -€5,891
- Financial charges -€524
down €524 (-36.2%), from €1,449 to €925
- Depreciation +€442
new in 2024: €442
From the 2021 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,720 | €12,652 | -€21,068 | -62.5% |
| Fixed assets | 21/28 | - | €463 | +€463 | |
| Tangible fixed assets | 22/27 | - | €463 | +€463 | |
| Plant, machinery and equipment | 23 | - | €463 | +€463 | |
| Current assets | 29/58 | €33,720 | €12,189 | -€21,531 | -63.9% |
| Amounts receivable within one year | 40/41 | €33,374 | €11,971 | -€21,403 | -64.1% |
| Trade receivables | 40 | €9,074 | - | -€9,074 | |
| Other amounts receivable | 41 | €24,300 | €11,971 | -€12,330 | -50.7% |
| Deferred charges and accrued income | 490/1 | €346 | €218 | -€128 | -36.9% |
| Total equity and liabilities | 10/49 | €33,720 | €12,652 | -€21,068 | -62.5% |
| Equity | 10/15 | €16,059 | -€12,203 | -€28,262 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,859 | €9,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,999 | €7,999 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€28,262 | -€28,262 | |
| Amounts payable | 17/49 | €17,661 | €24,855 | +€7,194 | +40.7% |
| Amounts payable within one year | 42/48 | €17,661 | €24,855 | +€7,194 | +40.7% |
| Financial debts | 43 | €3,276 | €2,857 | -€419 | -12.8% |
| Credit institutions | 430/8 | €3,276 | €2,857 | -€419 | -12.8% |
| Trade debts | 44 | €13,610 | €2,927 | -€10,683 | -78.5% |
| Suppliers | 440/4 | €13,610 | €2,927 | -€10,683 | -78.5% |
| Taxes, remuneration and social security | 45 | €775 | €2,040 | +€1,265 | +163% |
| Taxes | 450/3 | €775 | €2,040 | +€1,265 | +163% |
| Other amounts payable | 47/48 | - | €17,031 | +€17,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €442 | +€442 | |
| Other operating charges | 640/8 | €1,293 | €256 | -€1,037 | -80.2% |
| Gross operating margin | 9900 | -€6,604 | -€5,891 | +€713 | +10.8% |
| Operating profit (loss) | 9901 | -€7,897 | -€6,589 | +€1,308 | +16.6% |
| Financial income | 75/76B | €1,934 | €896 | -€1,038 | -53.7% |
| Recurring financial income | 75 | €1,934 | €896 | -€1,038 | -53.7% |
| Financial charges | 65/66B | €1,449 | €925 | -€524 | -36.2% |
| Recurring financial charges | 65 | €1,449 | €925 | -€524 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,412 | -€6,618 | +€794 | +10.7% |
| Income taxes | 67/77 | €261 | €326 | +€65 | +24.8% |
| Profit (loss) for the period | 9904 | -€7,674 | -€6,944 | +€730 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,674 | -€6,944 | +€730 | +9.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.