PRINCESS: 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.
What changed
PRINCESS
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €1.8m+€275,921
Equity
€6.8m
2024 · €6.8m+€44,778
Cash
€776,996
2024 · €449,082+€327,914
Balance sheet total
€10.3m
2024 · €10.0m+€265,074
Largest movements
Assets
- Receivables within one year +€1.9m
up €1.9m (+669%), from €288,003 to €2.2m
of which Other amounts receivable: +€1.9m
- Current investments -€1.8m
down €1.8m (-34.6%), from €5.2m to €3.4m
- Cash +€327,914
up €327,914 (+73.0%), from €449,082 to €776,996
mainly Net result for the year (+€2.0m) and Current investments (+€1.8m)
- Tangible fixed assets -€273,405
down €273,405 (-17.1%), from €1.6m to €1.3m
of which Other tangible fixed assets: -€293,004
- Deferred charges and accrued income +€106,940
up €106,940 (+1,246%), from €8,580 to €115,520
Equity and liabilities
- Tax, wage and social debts +€213,185
up €213,185 (+66.0%), from €323,226 to €536,411
of which Taxes: +€179,801
- Other debts +€143,556
up €143,556 (+7.7%), from €1.9m to €2.0m
- Trade debts -€142,586
down €142,586 (-14.0%), from €1.0m to €879,071
Income statement
- Turnover +€1.9m
up €1.9m (+10.4%), from €18.2m to €20.1m
- Goods and materials +€901,133
up €901,133 (+9.5%), from €9.5m to €10.4m
of which Purchases: +€705,379
- Staff costs +€231,298
up €231,298 (+18.9%), from €1.2m to €1.5m
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.
Result 2024
€1.8m
Turnover
+€1.9m
Other operating income
+€17,909
Goods and materials
-€901,133
Services and other goods
-€146,159
Staff costs
-€231,298
Depreciation
+€7,578
Write-downs
-€129,720
Other operating charges
-€5,089
Other operating items
-€22,875
Financial income
-€77,720
Financial charges
-€18,656
Taxes
-€107,764
Result 2025
€2.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€780,424
Investment
+€1.5m
Financing
-€2.0m
Cash 2024
€449,082
From operations (derived)
+€780,424
Net result for the year
+€2.0m
Depreciation
+€528,209
Stocks and contracts
+€21,594
Receivables within one year
-€1.9m
Deferred charges and accrued income
-€106,940
Trade debts
-€142,586
Tax, wage and social debts
+€213,185
Other debts
+€143,556
Accrued charges and deferred income
+€6,141
Investment (derived)
+€1.5m
Investment in fixed assets (net)
-€252,510
Current investments
+€1.8m
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2025
€776,996
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,993,491 | €10,258,565 | +€265,074 | +2.7% |
| Fixed assets | 21/28 | €1,621,711 | €1,346,011 | -€275,700 | -17.0% |
| Intangible fixed assets | 21 | €16,975 | €14,680 | -€2,295 | -13.5% |
| Tangible fixed assets | 22/27 | €1,603,436 | €1,330,032 | -€273,405 | -17.1% |
| Plant, machinery and equipment | 23 | €30,412 | €17,113 | -€13,299 | -43.7% |
| Furniture and vehicles | 24 | €166,200 | €199,099 | +€32,899 | +19.8% |
| Other tangible fixed assets | 26 | €1,406,824 | €1,113,820 | -€293,004 | -20.8% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,300 | €1,300 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €8,371,780 | €8,912,554 | +€540,774 | +6.5% |
| Stocks and contracts in progress | 3 | €2,426,115 | €2,404,521 | -€21,594 | -0.9% |
| Stocks | 30/36 | €2,426,115 | €2,404,521 | -€21,594 | -0.9% |
| Goods purchased for resale | 34 | €2,426,115 | €2,404,521 | -€21,594 | -0.9% |
| Amounts receivable within one year | 40/41 | €288,003 | €2,215,517 | +€1.9m | +669% |
| Trade receivables | 40 | €98,792 | €153,199 | +€54,407 | +55.1% |
| Other amounts receivable | 41 | €189,211 | €2,062,318 | +€1.9m | +990% |
| Current investments | 50/53 | €5,200,000 | €3,400,000 | -€1.8m | -34.6% |
| Other investments | 51/53 | €5,200,000 | €3,400,000 | -€1.8m | -34.6% |
| Cash at bank and in hand | 54/58 | €449,082 | €776,996 | +€327,914 | +73.0% |
| Deferred charges and accrued income | 490/1 | €8,580 | €115,520 | +€106,940 | +1,246% |
| Total equity and liabilities | 10/49 | €9,993,491 | €10,258,565 | +€265,074 | +2.7% |
| Equity | 10/15 | €6,786,509 | €6,831,286 | +€44,778 | +0.7% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Other | 1109/19 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €5,386,509 | €5,431,286 | +€44,778 | +0.8% |
| Distributable reserves | 133 | €5,386,509 | €5,431,286 | +€44,778 | +0.8% |
| Amounts payable | 17/49 | €3,206,982 | €3,427,279 | +€220,297 | +6.9% |
| Amounts payable within one year | 42/48 | €3,206,982 | €3,421,138 | +€214,155 | +6.7% |
| Trade debts | 44 | €1,021,657 | €879,071 | -€142,586 | -14.0% |
| Suppliers | 440/4 | €1,021,657 | €879,071 | -€142,586 | -14.0% |
| Taxes, remuneration and social security | 45 | €323,226 | €536,411 | +€213,185 | +66.0% |
| Taxes | 450/3 | €209,785 | €389,586 | +€179,801 | +85.7% |
| Remuneration and social security | 454/9 | €113,441 | €146,824 | +€33,384 | +29.4% |
| Other amounts payable | 47/48 | €1,862,100 | €2,005,656 | +€143,556 | +7.7% |
| Accrued charges and deferred income | 492/3 | - | €6,141 | +€6,141 | |
| Operating income | 70/76A | €18,236,882 | €20,124,358 | +€1.9m | +10.3% |
| Turnover | 70 | €18,167,395 | €20,058,243 | +€1.9m | +10.4% |
| Other operating income | 74 | €38,262 | €56,171 | +€17,909 | +46.8% |
| Non-recurring operating income | 76A | €31,225 | €9,944 | -€21,282 | -68.2% |
| Operating charges | 60/66A | €16,085,926 | €17,493,340 | +€1.4m | +8.7% |
| Goods for resale, raw materials and consumables | 60 | €9,502,405 | €10,403,539 | +€901,133 | +9.5% |
| Purchases | 600/8 | €9,748,980 | €10,454,359 | +€705,379 | +7.2% |
| Change in stocks: decrease (increase) | 609 | -€246,575 | -€50,821 | +€195,754 | +79.4% |
| Services and other goods | 61 | €4,860,656 | €5,006,814 | +€146,159 | +3.0% |
| Remuneration, social security and pensions | 62 | €1,223,738 | €1,455,036 | +€231,298 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €535,787 | €528,209 | -€7,578 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€57,306 | €72,414 | +€129,720 | |
| Other operating charges | 640/8 | €3,829 | €8,918 | +€5,089 | +133% |
| Non-recurring operating charges | 66A | €16,817 | €18,410 | +€1,593 | +9.5% |
| Operating profit (loss) | 9901 | €2,150,956 | €2,631,018 | +€480,061 | +22.3% |
| Financial income | 75/76B | €325,646 | €247,926 | -€77,720 | -23.9% |
| Recurring financial income | 75 | €325,646 | €247,926 | -€77,720 | -23.9% |
| Income from current assets | 751 | €29,972 | €18,114 | -€11,858 | -39.6% |
| Other financial income | 752/9 | €295,674 | €229,813 | -€65,862 | -22.3% |
| Financial charges | 65/66B | €105,945 | €124,601 | +€18,656 | +17.6% |
| Recurring financial charges | 65 | €105,945 | €124,601 | +€18,656 | +17.6% |
| Debt charges | 650 | - | €1 | +€1 | |
| Other financial charges | 652/9 | €105,945 | €124,600 | +€18,655 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €2,370,658 | €2,754,343 | +€383,685 | +16.2% |
| Income taxes | 67/77 | €601,801 | €709,565 | +€107,764 | +17.9% |
| Taxes | 670/3 | €601,801 | €709,565 | +€107,764 | +17.9% |
| Profit (loss) for the period | 9904 | €1,768,856 | €2,044,778 | +€275,921 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,768,856 | €2,044,778 | +€275,921 | +15.6% |
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 20 October 2026 via checked.be.