PRINK: 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.
PRINK
Largest movements
- Intangible fixed assets +€206,597
up €206,597 (+150%), from €137,560 to €344,156
- Receivables within one year -€93,317
down €93,317 (-22.2%), from €420,230 to €326,914
of which Trade receivables: -€92,586
- Financial fixed assets -€43,401
down €43,401 (-73.6%), from €59,001 to €15,600
- Stocks and contracts -€29,061
down €29,061 (-12.5%), from €232,761 to €203,700
- Cash -€26,188
down €26,188 (-39.3%), from €66,632 to €40,444
mainly Investment in fixed assets (net) (-€220,582) and Net result for the year (-€169,920)
- Trade debts +€175,312
up €175,312 (+12.3%), from €1.4m to €1.6m
- Profit (loss) carried forward -€169,920
down €169,920 (-14.8%), from -€1.1m to -€1.3m
- Tax, wage and social debts +€10,591
up €10,591 (+21.0%), from €50,493 to €61,084
of which Remuneration and social security: +€7,195
- Taxes +€244,517
up €244,517, from -€243,272 to €1,245
- Gross operating margin +€162,026
up €162,026 (+109%), from €148,392 to €310,418
- Depreciation +€28,381
up €28,381 (+105%), from €27,148 to €55,529
- Staff costs +€17,265
up €17,265 (+4.9%), from €353,818 to €371,083
- Financial income -€9,921
down €9,921 (-99.6%), from €9,964 to €43
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €963,973 | €980,195 | +€16,222 | +1.7% |
| Fixed assets | 21/28 | €243,513 | €408,566 | +€165,053 | +67.8% |
| Intangible fixed assets | 21 | €137,560 | €344,156 | +€206,597 | +150% |
| Tangible fixed assets | 22/27 | €46,952 | €48,809 | +€1,857 | +4.0% |
| Land and buildings | 22 | €34,319 | €43,160 | +€8,842 | +25.8% |
| Furniture and vehicles | 24 | €9,958 | €3,485 | -€6,473 | -65.0% |
| Other tangible fixed assets | 26 | €2,676 | €2,164 | -€512 | -19.1% |
| Financial fixed assets | 28 | €59,001 | €15,600 | -€43,401 | -73.6% |
| Current assets | 29/58 | €720,460 | €571,629 | -€148,831 | -20.7% |
| Stocks and contracts in progress | 3 | €232,761 | €203,700 | -€29,061 | -12.5% |
| Stocks | 30/36 | €232,761 | €203,700 | -€29,061 | -12.5% |
| Amounts receivable within one year | 40/41 | €420,230 | €326,914 | -€93,317 | -22.2% |
| Trade receivables | 40 | €415,527 | €322,942 | -€92,586 | -22.3% |
| Other amounts receivable | 41 | €4,703 | €3,972 | -€731 | -15.5% |
| Cash at bank and in hand | 54/58 | €66,632 | €40,444 | -€26,188 | -39.3% |
| Deferred charges and accrued income | 490/1 | €837 | €572 | -€265 | -31.7% |
| Total equity and liabilities | 10/49 | €963,973 | €980,195 | +€16,222 | +1.7% |
| Equity | 10/15 | -€507,904 | -€677,824 | -€169,920 | -33.5% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Contributions outside capital | 11 | €200,000 | €200,000 | = | 0.0% |
| Share premium | 1100/10 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,147,904 | -€1,317,824 | -€169,920 | -14.8% |
| Amounts payable | 17/49 | €1,471,876 | €1,658,019 | +€186,142 | +12.6% |
| Amounts payable within one year | 42/48 | €1,471,876 | €1,658,019 | +€186,142 | +12.6% |
| Trade debts | 44 | €1,421,383 | €1,596,695 | +€175,312 | +12.3% |
| Suppliers | 440/4 | €1,421,383 | €1,596,695 | +€175,312 | +12.3% |
| Taxes, remuneration and social security | 45 | €50,493 | €61,084 | +€10,591 | +21.0% |
| Taxes | 450/3 | €15,808 | €19,204 | +€3,396 | +21.5% |
| Remuneration and social security | 454/9 | €34,685 | €41,880 | +€7,195 | +20.7% |
| Other amounts payable | 47/48 | - | €239 | +€239 | |
| Non-recurring operating income | 76A | €82,361 | €130,000 | +€47,639 | +57.8% |
| Remuneration, social security and pensions | 62 | €353,818 | €371,083 | +€17,265 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,148 | €55,529 | +€28,381 | +105% |
| Other operating charges | 640/8 | €942 | €892 | -€51 | -5.4% |
| Non-recurring operating charges | 66A | €1,980 | €43,804 | +€41,824 | +2,112% |
| Gross operating margin | 9900 | €148,392 | €310,418 | +€162,026 | +109% |
| Operating profit (loss) | 9901 | -€235,497 | -€160,890 | +€74,607 | +31.7% |
| Financial income | 75/76B | €9,964 | €43 | -€9,921 | -99.6% |
| Recurring financial income | 75 | €9,964 | €43 | -€9,921 | -99.6% |
| Financial charges | 65/66B | €5,129 | €7,828 | +€2,699 | +52.6% |
| Recurring financial charges | 65 | €5,129 | €7,828 | +€2,699 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | -€230,661 | -€168,675 | +€61,987 | +26.9% |
| Income taxes | 67/77 | -€243,272 | €1,245 | +€244,517 | |
| Profit (loss) for the period | 9904 | €12,611 | -€169,920 | -€182,530 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,611 | -€169,920 | -€182,530 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.