PRINGELS: 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.
PRINGELS
Largest movements
- Cash -€33,239
down €33,239 (-38.2%), from €87,119 to €53,880
mainly Other debts (-€62,572) and Investment in fixed assets (net) (-€10,937)
- Receivables after one year -€2,906
down €2,906 (-25.2%), from €11,527 to €8,621
- Deferred charges and accrued income -€2,124
down €2,124 (-29.9%), from €7,108 to €4,984
- Stocks and contracts -€1,838
down €1,838 (-12.7%), from €14,511 to €12,673
- Other debts -€62,572
down €62,572 (-98.4%), from €63,580 to €1,008
- Profit (loss) carried forward +€22,393
up €22,393 (+27.5%), from €81,537 to €103,930
- Tax, wage and social debts +€2,059
up €2,059 (+30.2%), from €6,817 to €8,876
- Trade debts -€1,850
down €1,850 (-34.9%), from €5,302 to €3,452
- Gross operating margin -€11,408
down €11,408 (-21.1%), from €54,099 to €42,691
- Depreciation -€10,313
down €10,313 (-47.6%), from €21,673 to €11,360
- Taxes +€1,488
up €1,488 (+24.6%), from €6,044 to €7,532
- Other operating charges -€660
down €660 (-23.9%), from €2,762 to €2,102
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 | €183,009 | €143,039 | -€39,970 | -21.8% |
| Fixed assets | 21/28 | €50,937 | €50,514 | -€423 | -0.8% |
| Tangible fixed assets | 22/27 | €50,937 | €50,514 | -€423 | -0.8% |
| Land and buildings | 22 | €5,016 | €3,874 | -€1,142 | -22.8% |
| Plant, machinery and equipment | 23 | - | €2,032 | +€2,032 | |
| Furniture and vehicles | 24 | €45,921 | €44,608 | -€1,313 | -2.9% |
| Current assets | 29/58 | €132,072 | €92,525 | -€39,547 | -29.9% |
| Amounts receivable after more than one year | 29 | €11,527 | €8,621 | -€2,906 | -25.2% |
| Other amounts receivable | 291 | €11,527 | €8,621 | -€2,906 | -25.2% |
| Stocks and contracts in progress | 3 | €14,511 | €12,673 | -€1,838 | -12.7% |
| Stocks | 30/36 | €14,511 | €12,673 | -€1,838 | -12.7% |
| Amounts receivable within one year | 40/41 | €11,807 | €12,367 | +€560 | +4.7% |
| Trade receivables | 40 | €9,015 | €9,389 | +€374 | +4.1% |
| Other amounts receivable | 41 | €2,792 | €2,978 | +€186 | +6.7% |
| Cash at bank and in hand | 54/58 | €87,119 | €53,880 | -€33,239 | -38.2% |
| Deferred charges and accrued income | 490/1 | €7,108 | €4,984 | -€2,124 | -29.9% |
| Total equity and liabilities | 10/49 | €183,009 | €143,039 | -€39,970 | -21.8% |
| Equity | 10/15 | €107,310 | €129,703 | +€22,393 | +20.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,181 | €7,181 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,700 | €3,700 | = | 0.0% |
| Distributable reserves | 133 | €3,481 | €3,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,537 | €103,930 | +€22,393 | +27.5% |
| Amounts payable | 17/49 | €75,699 | €13,336 | -€62,363 | -82.4% |
| Amounts payable within one year | 42/48 | €75,699 | €13,336 | -€62,363 | -82.4% |
| Trade debts | 44 | €5,302 | €3,452 | -€1,850 | -34.9% |
| Suppliers | 440/4 | €5,302 | €3,452 | -€1,850 | -34.9% |
| Taxes, remuneration and social security | 45 | €6,817 | €8,876 | +€2,059 | +30.2% |
| Taxes | 450/3 | €6,817 | €8,876 | +€2,059 | +30.2% |
| Other amounts payable | 47/48 | €63,580 | €1,008 | -€62,572 | -98.4% |
| Non-recurring operating income | 76A | - | €12,441 | +€12,441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,673 | €11,360 | -€10,313 | -47.6% |
| Other operating charges | 640/8 | €2,762 | €2,102 | -€660 | -23.9% |
| Non-recurring operating charges | 66A | €7,676 | - | -€7,676 | |
| Gross operating margin | 9900 | €54,099 | €42,691 | -€11,408 | -21.1% |
| Operating profit (loss) | 9901 | €21,988 | €29,229 | +€7,241 | +32.9% |
| Financial income | 75/76B | €1,106 | €957 | -€149 | -13.5% |
| Recurring financial income | 75 | €1,106 | €957 | -€149 | -13.5% |
| Financial charges | 65/66B | €261 | €261 | = | 0.0% |
| Recurring financial charges | 65 | €261 | €261 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €22,833 | €29,925 | +€7,092 | +31.1% |
| Income taxes | 67/77 | €6,044 | €7,532 | +€1,488 | +24.6% |
| Profit (loss) for the period | 9904 | €16,789 | €22,393 | +€5,604 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,789 | €22,393 | +€5,604 | +33.4% |
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 3 October 2026 via checked.be.