PRINCIPIMMO: what changed
Two fiscal 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.
PRINCIPIMMO
Largest movements
- Tangible fixed assets +€22,075
up €22,075 (+6.3%), from €350,400 to €372,475
of which Plant, machinery and equipment: +€44,475
- Other debts +€52,361
up €52,361 (+1170.7%), from €4,473 to €56,834
- Debts after one year -€28,916
down €28,916 (-10.5%), from €274,383 to €245,467
- Tax, wage and social debts -€4,100
down €4,100 (-35.6%), from €11,523 to €7,423
- Taxes -€11,523
no longer reported in 2025 (was €11,523)
- Gross operating margin -€2,948
down €2,948 (-7.5%), from €39,089 to €36,142
- Financial charges -€2,446
down €2,446 (-25.6%), from €9,537 to €7,091
- Depreciation +€2,341
up €2,341 (+10.5%), from €22,400 to €24,741
- Other operating charges -€504
down €504 (-14.2%), from €3,550 to €3,046
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.
Cash bridge derived
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 | €350,671 | €372,635 | +€21,964 | +6.3% |
| Fixed assets | 21/28 | €350,400 | €372,475 | +€22,075 | +6.3% |
| Tangible fixed assets | 22/27 | €350,400 | €372,475 | +€22,075 | +6.3% |
| Land and buildings | 22 | €350,400 | €328,000 | -€22,400 | -6.4% |
| Plant, machinery and equipment | 23 | - | €44,475 | +€44,475 | |
| Current assets | 29/58 | €271 | €160 | -€111 | -41.0% |
| Cash at bank and in hand | 54/58 | €271 | €16 | -€255 | -94.1% |
| Deferred charges and accrued income | 490/1 | - | €144 | +€144 | |
| Total equity and liabilities | 10/49 | €350,671 | €372,635 | +€21,964 | +6.3% |
| Equity | 10/15 | €30,091 | €31,354 | +€1,264 | +4.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,909 | -€18,646 | +€1,264 | +6.3% |
| Amounts payable | 17/49 | €320,580 | €341,281 | +€20,700 | +6.5% |
| Amounts payable after more than one year | 17 | €274,383 | €245,467 | -€28,916 | -10.5% |
| Financial debts | 170/4 | €274,383 | €245,467 | -€28,916 | -10.5% |
| Amounts payable within one year | 42/48 | €46,197 | €95,814 | +€49,616 | +107.4% |
| Current portion of amounts payable after more than one year | 42 | €28,202 | €28,916 | +€713 | +2.5% |
| Trade debts | 44 | - | €642 | +€642 | |
| Suppliers | 440/4 | - | €642 | +€642 | |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,523 | €7,423 | -€4,100 | -35.6% |
| Taxes | 450/3 | €11,523 | €7,423 | -€4,100 | -35.6% |
| Other amounts payable | 47/48 | €4,473 | €56,834 | +€52,361 | +1170.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,400 | €24,741 | +€2,341 | +10.5% |
| Other operating charges | 640/8 | €3,550 | €3,046 | -€504 | -14.2% |
| Gross operating margin | 9900 | €39,089 | €36,142 | -€2,948 | -7.5% |
| Operating profit (loss) | 9901 | €13,139 | €8,355 | -€4,784 | -36.4% |
| Financial charges | 65/66B | €9,537 | €7,091 | -€2,446 | -25.6% |
| Recurring financial charges | 65 | €9,537 | €7,091 | -€2,446 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €3,602 | €1,264 | -€2,339 | -64.9% |
| Income taxes | 67/77 | €11,523 | - | -€11,523 | |
| Profit (loss) for the period | 9904 | -€7,920 | €1,264 | +€9,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,920 | €1,264 | +€9,184 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.