PRINFA: 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.
PRINFA
Largest movements
- Cash +€37,327
up €37,327 (+3.8%), from €979,301 to €1.0m
mainly Net result for the year (+€175,870) and Depreciation (+€14,405)
- Tangible fixed assets -€14,405
down €14,405 (-29.8%), from €48,321 to €33,916
- Reserves +€20,341
up €20,341 (+2.5%), from €826,260 to €846,601
- Gross operating margin +€7,755
up €7,755 (+3.0%), from €261,302 to €269,058
- Depreciation +€3,087
up €3,087 (+27.3%), from €11,318 to €14,405
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,623 | €1,050,544 | +€22,921 | +2.2% |
| Fixed assets | 21/28 | €48,321 | €33,916 | -€14,405 | -29.8% |
| Tangible fixed assets | 22/27 | €48,321 | €33,916 | -€14,405 | -29.8% |
| Furniture and vehicles | 24 | €48,321 | €33,916 | -€14,405 | -29.8% |
| Current assets | 29/58 | €979,301 | €1,016,628 | +€37,327 | +3.8% |
| Cash at bank and in hand | 54/58 | €979,301 | €1,016,628 | +€37,327 | +3.8% |
| Total equity and liabilities | 10/49 | €1,027,623 | €1,050,544 | +€22,921 | +2.2% |
| Equity | 10/15 | €844,860 | €865,201 | +€20,341 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €826,260 | €846,601 | +€20,341 | +2.5% |
| Distributable reserves | 133 | €826,260 | €846,601 | +€20,341 | +2.5% |
| Amounts payable | 17/49 | €182,763 | €185,344 | +€2,581 | +1.4% |
| Amounts payable within one year | 42/48 | €182,763 | €185,344 | +€2,581 | +1.4% |
| Trade debts | 44 | €1,529 | €206 | -€1,323 | -86.5% |
| Suppliers | 440/4 | €1,529 | €206 | -€1,323 | -86.5% |
| Taxes, remuneration and social security | 45 | €31,196 | €29,532 | -€1,664 | -5.3% |
| Taxes | 450/3 | €31,196 | €29,532 | -€1,664 | -5.3% |
| Other amounts payable | 47/48 | €150,038 | €155,606 | +€5,567 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,318 | €14,405 | +€3,087 | +27.3% |
| Other operating charges | 640/8 | €741 | €664 | -€77 | -10.4% |
| Gross operating margin | 9900 | €261,302 | €269,058 | +€7,755 | +3.0% |
| Operating profit (loss) | 9901 | €249,243 | €253,988 | +€4,745 | +1.9% |
| Financial charges | 65/66B | €75 | €72 | -€3 | -3.7% |
| Recurring financial charges | 65 | €75 | €72 | -€3 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €249,168 | €253,916 | +€4,748 | +1.9% |
| Income taxes | 67/77 | €75,468 | €78,046 | +€2,577 | +3.4% |
| Profit (loss) for the period | 9904 | €173,699 | €175,870 | +€2,171 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €173,699 | €175,870 | +€2,171 | +1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.