PRINOS: 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.
PRINOS
Largest movements
- Receivables within one year +€10,398
up €10,398 (+11.6%), from €89,830 to €100,228
of which Other amounts receivable: +€8,481
- Tangible fixed assets -€5,633
down €5,633 (-15.3%), from €36,871 to €31,238
of which Plant, machinery and equipment: -€4,566
- Cash +€4,948
up €4,948 (+444.6%), from €1,113 to €6,061
mainly Depreciation (+€19,403) and Tax, wage and social debts (+€19,361)
- Stocks and contracts +€2,015
up €2,015 (+14.5%), from €13,936 to €15,951
- Tax, wage and social debts +€19,361
up €19,361 (+133.9%), from €14,459 to €33,820
of which Taxes: +€13,051
- Short-term financial debts -€12,921
down €12,921 (-24.2%), from €53,395 to €40,474
- Trade debts +€5,683
up €5,683 (+118.9%), from €4,779 to €10,462
- Profit (loss) carried forward -€4,677
down €4,677 (-10.5%), from €44,544 to €39,866
- Other debts +€4,400
up €4,400 (+18.7%), from €23,562 to €27,963
- Staff costs +€34,896
up €34,896 (+36.2%), from €96,280 to €131,176
- Gross operating margin +€2,069
up €2,069 (+1.3%), from €159,973 to €162,042
- Taxes -€2,020
down €2,020 (-74.2%), from €2,722 to €701
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 | €150,812 | €162,759 | +€11,947 | +7.9% |
| Fixed assets | 21/28 | €36,933 | €31,300 | -€5,633 | -15.3% |
| Tangible fixed assets | 22/27 | €36,871 | €31,238 | -€5,633 | -15.3% |
| Plant, machinery and equipment | 23 | €17,590 | €13,024 | -€4,566 | -26.0% |
| Furniture and vehicles | 24 | €12,448 | €13,225 | +€777 | +6.2% |
| Other tangible fixed assets | 26 | €6,833 | €4,988 | -€1,845 | -27.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €113,878 | €131,459 | +€17,580 | +15.4% |
| Stocks and contracts in progress | 3 | €13,936 | €15,951 | +€2,015 | +14.5% |
| Stocks | 30/36 | €13,936 | €15,951 | +€2,015 | +14.5% |
| Amounts receivable within one year | 40/41 | €89,830 | €100,228 | +€10,398 | +11.6% |
| Trade receivables | 40 | - | €1,918 | +€1,918 | |
| Other amounts receivable | 41 | €89,830 | €98,311 | +€8,481 | +9.4% |
| Cash at bank and in hand | 54/58 | €1,113 | €6,061 | +€4,948 | +444.6% |
| Deferred charges and accrued income | 490/1 | €9,000 | €9,219 | +€219 | +2.4% |
| Total equity and liabilities | 10/49 | €150,812 | €162,759 | +€11,947 | +7.9% |
| Equity | 10/15 | €54,616 | €49,939 | -€4,677 | -8.6% |
| Contributions | 10/11 | €8,073 | €8,073 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,544 | €39,866 | -€4,677 | -10.5% |
| Amounts payable | 17/49 | €96,196 | €112,820 | +€16,624 | +17.3% |
| Amounts payable within one year | 42/48 | €96,196 | €112,718 | +€16,523 | +17.2% |
| Financial debts | 43 | €53,395 | €40,474 | -€12,921 | -24.2% |
| Credit institutions | 430/8 | €53,395 | €40,474 | -€12,921 | -24.2% |
| Trade debts | 44 | €4,779 | €10,462 | +€5,683 | +118.9% |
| Suppliers | 440/4 | €4,779 | €10,462 | +€5,683 | +118.9% |
| Taxes, remuneration and social security | 45 | €14,459 | €33,820 | +€19,361 | +133.9% |
| Taxes | 450/3 | €8,060 | €21,111 | +€13,051 | +161.9% |
| Remuneration and social security | 454/9 | €6,399 | €12,708 | +€6,310 | +98.6% |
| Other amounts payable | 47/48 | €23,562 | €27,963 | +€4,400 | +18.7% |
| Accrued charges and deferred income | 492/3 | - | €102 | +€102 | |
| Non-recurring operating income | 76A | - | €5,331 | +€5,331 | |
| Remuneration, social security and pensions | 62 | €96,280 | €131,176 | +€34,896 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,300 | €19,403 | +€103 | +0.5% |
| Other operating charges | 640/8 | €2,541 | €2,675 | +€134 | +5.3% |
| Non-recurring operating charges | 66A | - | €1,899 | +€1,899 | |
| Gross operating margin | 9900 | €159,973 | €162,042 | +€2,069 | +1.3% |
| Operating profit (loss) | 9901 | €41,853 | €6,890 | -€34,963 | -83.5% |
| Financial income | 75/76B | €153 | €553 | +€400 | +260.7% |
| Recurring financial income | 75 | €153 | €553 | +€400 | +260.7% |
| Financial charges | 65/66B | €11,829 | €11,419 | -€410 | -3.5% |
| Recurring financial charges | 65 | €11,829 | €11,419 | -€410 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €30,177 | -€3,976 | -€34,153 | |
| Income taxes | 67/77 | €2,722 | €701 | -€2,020 | -74.2% |
| Profit (loss) for the period | 9904 | €27,455 | -€4,677 | -€32,133 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,455 | -€4,677 | -€32,133 |
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 8 October 2026 via checked.be.