Prindal-Hout: 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
Prindal-Hout
NACE 47.522, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€192,853
2024 · €176,983+€15,870
Equity
€1.5m
2024 · €1.3m+€156,755
Cash
€767,130
2024 · €563,722+€203,408
Balance sheet total
€2.2m
2024 · €2.0m+€164,404
Largest movements
Assets
- Cash +€203,408
up €203,408 (+36.1%), from €563,722 to €767,130
mainly Net result for the year (+€192,853) and Depreciation (+€88,981)
- Tangible fixed assets -€46,686
down €46,686 (-12.4%), from €376,709 to €330,023
of which Land and buildings: -€28,612
Equity and liabilities
- Reserves +€156,755
up €156,755 (+20.5%), from €764,381 to €921,137
- Trade debts +€67,928
up €67,928 (+12.2%), from €554,784 to €622,712
- Tax, wage and social debts -€29,379
down €29,379 (-43.4%), from €67,711 to €38,331
of which Remuneration and social security: -€24,264
Income statement
- Gross operating margin +€75,449
up €75,449 (+10.8%), from €698,486 to €773,935
- Staff costs +€38,372
up €38,372 (+12.0%), from €319,869 to €358,240
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
€176,983
Gross operating margin
+€75,449
Staff costs
-€38,372
Depreciation
-€1,144
Other operating charges
-€4,203
Other operating items
-€3,108
Financial income
+€958
Financial charges
-€6,146
Taxes
-€7,565
Result 2025
€192,853
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
+€301,720
Investment
-€42,430
Financing
-€55,881
Cash 2024
€563,722
From operations (derived)
+€301,720
Net result for the year
+€192,853
Depreciation
+€88,981
Stocks and contracts
-€3,597
Receivables within one year
-€5,526
Deferred charges and accrued income
+€1,576
Trade debts
+€67,928
Tax, wage and social debts
-€29,379
Advances received
+€3,153
Other debts
-€9,269
Accrued charges and deferred income
-€5,000
Investment (derived)
-€42,430
Investment in fixed assets (net)
-€42,430
Financing
-€55,881
Debts after one year
-€6,104
Current portion of long-term debt
-€13,680
Contributions, distributions and other
-€36,097
Cash 2025
€767,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,016,260 | €2,180,664 | +€164,404 | +8.2% |
| Fixed assets | 21/28 | €376,979 | €330,428 | -€46,551 | -12.3% |
| Tangible fixed assets | 22/27 | €376,709 | €330,023 | -€46,686 | -12.4% |
| Land and buildings | 22 | €250,333 | €221,721 | -€28,612 | -11.4% |
| Plant, machinery and equipment | 23 | €34,980 | €30,481 | -€4,499 | -12.9% |
| Furniture and vehicles | 24 | €85,502 | €73,264 | -€12,238 | -14.3% |
| Other tangible fixed assets | 26 | €5,893 | €4,556 | -€1,336 | -22.7% |
| Financial fixed assets | 28 | €270 | €405 | +€135 | +50.0% |
| Current assets | 29/58 | €1,639,281 | €1,850,237 | +€210,955 | +12.9% |
| Stocks and contracts in progress | 3 | €591,000 | €594,597 | +€3,597 | +0.6% |
| Stocks | 30/36 | €591,000 | €594,597 | +€3,597 | +0.6% |
| Amounts receivable within one year | 40/41 | €482,984 | €488,510 | +€5,526 | +1.1% |
| Trade receivables | 40 | €436,785 | €412,532 | -€24,253 | -5.6% |
| Other amounts receivable | 41 | €46,199 | €75,978 | +€29,779 | +64.5% |
| Cash at bank and in hand | 54/58 | €563,722 | €767,130 | +€203,408 | +36.1% |
| Deferred charges and accrued income | 490/1 | €1,576 | €0 | -€1,576 | -100% |
| Total equity and liabilities | 10/49 | €2,016,260 | €2,180,664 | +€164,404 | +8.2% |
| Equity | 10/15 | €1,310,738 | €1,467,494 | +€156,755 | +12.0% |
| Contributions | 10/11 | €81,000 | €81,000 | = | 0.0% |
| Reserves | 13 | €764,381 | €921,137 | +€156,755 | +20.5% |
| Distributable reserves | 133 | €764,381 | €921,137 | +€156,755 | +20.5% |
| Profit (loss) carried forward | 14 | €465,357 | €465,357 | = | 0.0% |
| Amounts payable | 17/49 | €705,522 | €713,171 | +€7,649 | +1.1% |
| Amounts payable after more than one year | 17 | €10,343 | €4,239 | -€6,104 | -59.0% |
| Financial debts | 170/4 | €10,343 | €4,239 | -€6,104 | -59.0% |
| Amounts payable within one year | 42/48 | €678,179 | €696,932 | +€18,753 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €19,784 | €6,104 | -€13,680 | -69.1% |
| Trade debts | 44 | €554,784 | €622,712 | +€67,928 | +12.2% |
| Suppliers | 440/4 | €554,784 | €622,712 | +€67,928 | +12.2% |
| Advances received on contracts in progress | 46 | €21,661 | €24,814 | +€3,153 | +14.6% |
| Taxes, remuneration and social security | 45 | €67,711 | €38,331 | -€29,379 | -43.4% |
| Taxes | 450/3 | €11,842 | €6,726 | -€5,116 | -43.2% |
| Remuneration and social security | 454/9 | €55,869 | €31,605 | -€24,264 | -43.4% |
| Other amounts payable | 47/48 | €14,239 | €4,971 | -€9,269 | -65.1% |
| Accrued charges and deferred income | 492/3 | €17,000 | €12,000 | -€5,000 | -29.4% |
| Non-recurring operating income | 76A | - | €10,150 | +€10,150 | |
| Remuneration, social security and pensions | 62 | €319,869 | €358,240 | +€38,372 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,838 | €88,981 | +€1,144 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €24,687 | €28,890 | +€4,203 | +17.0% |
| Non-recurring operating charges | 66A | €266 | €3,373 | +€3,108 | +1,169% |
| Gross operating margin | 9900 | €698,486 | €773,935 | +€75,449 | +10.8% |
| Operating profit (loss) | 9901 | €265,827 | €294,450 | +€28,623 | +10.8% |
| Financial income | 75/76B | €5,181 | €6,139 | +€958 | +18.5% |
| Recurring financial income | 75 | €5,181 | €6,139 | +€958 | +18.5% |
| Financial charges | 65/66B | €4,774 | €10,920 | +€6,146 | +129% |
| Recurring financial charges | 65 | €4,774 | €10,920 | +€6,146 | +129% |
| Profit (loss) for the period before taxes | 9903 | €266,234 | €289,669 | +€23,435 | +8.8% |
| Income taxes | 67/77 | €89,252 | €96,817 | +€7,565 | +8.5% |
| Profit (loss) for the period | 9904 | €176,983 | €192,853 | +€15,870 | +9.0% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €176,983 | €192,853 | +€15,870 | +9.0% |
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.