PRINSENVELD: 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.
PRINSENVELD
Largest movements
- Tangible fixed assets -€12,757
down €12,757 (-1.9%), from €684,351 to €671,594
- Debts after one year -€68,988
down €68,988 (-18.8%), from €366,264 to €297,276
- Other debts +€30,129
up €30,129 (+21.0%), from €143,464 to €173,593
- Reserves +€19,477
up €19,477 (+29.9%), from €65,087 to €84,565
of which Distributable reserves: +€19,477
- Taxes +€3,027
up €3,027 (+46.6%), from €6,490 to €9,517
- Financial charges -€2,176
down €2,176 (-17.0%), from €12,787 to €10,611
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 | €688,006 | €674,899 | -€13,107 | -1.9% |
| Fixed assets | 21/28 | €684,351 | €671,594 | -€12,757 | -1.9% |
| Tangible fixed assets | 22/27 | €684,351 | €671,594 | -€12,757 | -1.9% |
| Land and buildings | 22 | €684,351 | €671,594 | -€12,757 | -1.9% |
| Current assets | 29/58 | €3,655 | €3,305 | -€350 | -9.6% |
| Cash at bank and in hand | 54/58 | €3,655 | €3,305 | -€350 | -9.6% |
| Total equity and liabilities | 10/49 | €688,006 | €674,899 | -€13,107 | -1.9% |
| Equity | 10/15 | €105,087 | €124,565 | +€19,477 | +18.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €65,087 | €84,565 | +€19,477 | +29.9% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €61,087 | €80,565 | +€19,477 | +31.9% |
| Amounts payable | 17/49 | €582,918 | €550,335 | -€32,584 | -5.6% |
| Amounts payable after more than one year | 17 | €366,264 | €297,276 | -€68,988 | -18.8% |
| Financial debts | 170/4 | €366,264 | €297,276 | -€68,988 | -18.8% |
| Amounts payable within one year | 42/48 | €216,655 | €253,059 | +€36,404 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €66,701 | €68,988 | +€2,287 | +3.4% |
| Taxes, remuneration and social security | 45 | €6,490 | €10,478 | +€3,988 | +61.5% |
| Taxes | 450/3 | €6,490 | €10,478 | +€3,988 | +61.5% |
| Other amounts payable | 47/48 | €143,464 | €173,593 | +€30,129 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,357 | €46,357 | = | 0.0% |
| Other operating charges | 640/8 | €2,209 | €2,680 | +€471 | +21.3% |
| Gross operating margin | 9900 | €89,132 | €88,642 | -€491 | -0.6% |
| Operating profit (loss) | 9901 | €40,567 | €39,605 | -€962 | -2.4% |
| Financial charges | 65/66B | €12,787 | €10,611 | -€2,176 | -17.0% |
| Recurring financial charges | 65 | €12,787 | €10,611 | -€2,176 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €27,780 | €28,994 | +€1,214 | +4.4% |
| Income taxes | 67/77 | €6,490 | €9,517 | +€3,027 | +46.6% |
| Profit (loss) for the period | 9904 | €21,290 | €19,477 | -€1,813 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,290 | €19,477 | -€1,813 | -8.5% |
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 1 October 2026 via checked.be.