PRINSCA: 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.
What changed
PRINSCA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,617
2024 · €23,750-€6,133
Equity
€23,352
2024 · €5,735+€17,617
Cash
€873
2024 · €7,003-€6,129
Balance sheet total
€852,404
2024 · €894,636-€42,232
Largest movements
Assets
- Tangible fixed assets -€36,839
down €36,839 (-4.2%), from €871,307 to €834,468
Equity and liabilities
- Debts after one year -€55,486
down €55,486 (-7.9%), from €704,018 to €648,532
- Profit (loss) carried forward +€17,617
up €17,617 (+28.2%), from -€62,465 to -€44,848
Income statement
- Gross operating margin -€10,321
down €10,321 (-8.6%), from €119,906 to €109,585
- Other operating charges -€1,960
down €1,960 (-8.9%), from €22,094 to €20,134
- Financial charges -€1,900
down €1,900 (-5.3%), from €36,097 to €34,197
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
€23,750
Gross operating margin
-€10,321
Depreciation
+€244
Other operating charges
+€1,960
Financial charges
+€1,900
Taxes
+€84
Result 2025
€17,617
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.
From operations
+€47,452
Investment
-€598
Financing
-€52,984
Cash 2024
€7,003
From operations (derived)
+€47,452
Net result for the year
+€17,617
Depreciation
+€37,436
Receivables within one year
-€736
Trade debts
-€2,128
Other debts
-€4,737
Investment (derived)
-€598
Investment in fixed assets (net)
-€598
Financing
-€52,984
Debts after one year
-€55,486
Current portion of long-term debt
+€2,502
Cash 2025
€873
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €894,636 | €852,404 | -€42,232 | -4.7% |
| Fixed assets | 21/28 | €871,307 | €834,468 | -€36,839 | -4.2% |
| Tangible fixed assets | 22/27 | €871,307 | €834,468 | -€36,839 | -4.2% |
| Land and buildings | 22 | €731,655 | €715,151 | -€16,504 | -2.3% |
| Plant, machinery and equipment | 23 | €582 | €493 | -€89 | -15.2% |
| Furniture and vehicles | 24 | €3,042 | €654 | -€2,388 | -78.5% |
| Other tangible fixed assets | 26 | €136,028 | €118,170 | -€17,858 | -13.1% |
| Current assets | 29/58 | €23,329 | €17,936 | -€5,393 | -23.1% |
| Amounts receivable within one year | 40/41 | €16,326 | €17,062 | +€736 | +4.5% |
| Trade receivables | 40 | €16,326 | €15,406 | -€920 | -5.6% |
| Other amounts receivable | 41 | - | €1,657 | +€1,657 | |
| Cash at bank and in hand | 54/58 | €7,003 | €873 | -€6,129 | -87.5% |
| Total equity and liabilities | 10/49 | €894,636 | €852,404 | -€42,232 | -4.7% |
| Equity | 10/15 | €5,735 | €23,352 | +€17,617 | +307.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,465 | -€44,848 | +€17,617 | +28.2% |
| Amounts payable | 17/49 | €888,901 | €829,052 | -€59,849 | -6.7% |
| Amounts payable after more than one year | 17 | €704,018 | €648,532 | -€55,486 | -7.9% |
| Financial debts | 170/4 | €704,018 | €648,532 | -€55,486 | -7.9% |
| Amounts payable within one year | 42/48 | €184,883 | €180,520 | -€4,363 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €52,984 | €55,486 | +€2,502 | +4.7% |
| Trade debts | 44 | €34,561 | €32,433 | -€2,128 | -6.2% |
| Suppliers | 440/4 | €34,561 | €32,433 | -€2,128 | -6.2% |
| Advances received on contracts in progress | 46 | €17,918 | €17,918 | = | 0.0% |
| Other amounts payable | 47/48 | €79,421 | €74,684 | -€4,737 | -6.0% |
| Non-recurring operating income | 76A | €13,463 | €30,023 | +€16,560 | +123.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,680 | €37,436 | -€244 | -0.6% |
| Other operating charges | 640/8 | €22,094 | €20,134 | -€1,960 | -8.9% |
| Gross operating margin | 9900 | €119,906 | €109,585 | -€10,321 | -8.6% |
| Operating profit (loss) | 9901 | €60,132 | €52,015 | -€8,117 | -13.5% |
| Financial charges | 65/66B | €36,097 | €34,197 | -€1,900 | -5.3% |
| Recurring financial charges | 65 | €36,097 | €34,197 | -€1,900 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €24,035 | €17,818 | -€6,217 | -25.9% |
| Income taxes | 67/77 | €285 | €201 | -€84 | -29.4% |
| Profit (loss) for the period | 9904 | €23,750 | €17,617 | -€6,133 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,750 | €17,617 | -€6,133 | -25.8% |
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 29 September 2026 via checked.be.