PRINSOM: 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.
What changed
PRINSOM
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€229,587
2024 · €1.6m-€1.4m
Equity
€2.1m
2024 · €2.3m-€212,365
Cash
€133,065
2024 · €132,529+€536
Balance sheet total
€2.9m
2024 · €2.9m+€2,111
Largest movements
Assets
- Tangible fixed assets +€491,087
up €491,087 (+91.7%), from €535,256 to €1.0m
of which Land and buildings: +€510,749
- Current investments -€425,000
down €425,000 (-26.6%), from €1.6m to €1.2m
- Receivables within one year -€43,727
down €43,727 (-19.7%), from €221,627 to €177,901
of which Other amounts receivable: -€56,320
Equity and liabilities
- Trade debts +€256,864
up €256,864 (+1,344%), from €19,112 to €275,976
- Reserves -€212,365
down €212,365 (-9.3%), from €2.3m to €2.1m
- Debts after one year -€47,630
down €47,630 (-13.0%), from €365,254 to €317,624
Income statement
- Financial income -€1.5m
down €1.5m (-81.9%), from €1.8m to €325,557
- Taxes -€131,571
down €131,571 (-85.0%), from €154,806 to €23,234
- Depreciation +€92,615
up €92,615 (+272%), from €33,997 to €126,613
- Gross operating margin +€78,636
up €78,636 (+184%), from €42,647 to €121,283
- Staff costs +€32,726
up €32,726 (+203%), from €16,131 to €48,857
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
€1.6m
Gross operating margin
+€78,636
Staff costs
-€32,726
Depreciation
-€92,615
Other operating charges
-€671
Financial income
-€1.5m
Financial charges
-€3,343
Taxes
+€131,571
Result 2025
€229,587
raises the resultlowers the result
Derived cash bridge
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
+€685,771
Investment
-€192,700
Financing
-€492,535
Cash 2024
€132,529
From operations (derived)
+€685,771
Net result for the year
+€229,587
Depreciation
+€126,613
Receivables after one year
+€29,087
Stocks and contracts
-€3,388
Receivables within one year
+€43,727
Deferred charges and accrued income
-€4,914
Trade debts
+€256,864
Tax, wage and social debts
+€7,349
Smaller working-capital items
+€847
Investment (derived)
-€192,700
Investment in fixed assets (net)
-€617,700
Current investments
+€425,000
Financing
-€492,535
Debts after one year
-€47,630
Current portion of long-term debt
-€1,959
Short-term financial debts
-€994
Contributions, distributions and other
-€441,952
Cash 2025
€133,065
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,907,666 | €2,909,777 | +€2,111 | +0.1% |
| Fixed assets | 21/28 | €535,856 | €1,026,943 | +€491,087 | +91.6% |
| Tangible fixed assets | 22/27 | €535,256 | €1,026,343 | +€491,087 | +91.7% |
| Land and buildings | 22 | €491,540 | €1,002,289 | +€510,749 | +104% |
| Plant, machinery and equipment | 23 | €5,175 | €3,157 | -€2,018 | -39.0% |
| Furniture and vehicles | 24 | €31,743 | €14,785 | -€16,958 | -53.4% |
| Other tangible fixed assets | 26 | €6,798 | €6,112 | -€686 | -10.1% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €2,371,810 | €1,882,835 | -€488,976 | -20.6% |
| Amounts receivable after more than one year | 29 | €395,941 | €366,854 | -€29,087 | -7.3% |
| Other amounts receivable | 291 | €395,941 | €366,854 | -€29,087 | -7.3% |
| Stocks and contracts in progress | 3 | €10,956 | €14,344 | +€3,388 | +30.9% |
| Stocks | 30/36 | €10,956 | €14,344 | +€3,388 | +30.9% |
| Amounts receivable within one year | 40/41 | €221,627 | €177,901 | -€43,727 | -19.7% |
| Trade receivables | 40 | €17,690 | €30,283 | +€12,593 | +71.2% |
| Other amounts receivable | 41 | €203,938 | €147,618 | -€56,320 | -27.6% |
| Current investments | 50/53 | €1,600,000 | €1,175,000 | -€425,000 | -26.6% |
| Cash at bank and in hand | 54/58 | €132,529 | €133,065 | +€536 | +0.4% |
| Deferred charges and accrued income | 490/1 | €10,757 | €15,671 | +€4,914 | +45.7% |
| Total equity and liabilities | 10/49 | €2,907,666 | €2,909,777 | +€2,111 | +0.1% |
| Equity | 10/15 | €2,321,355 | €2,108,990 | -€212,365 | -9.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,278,080 | €2,065,715 | -€212,365 | -9.3% |
| Distributable reserves | 133 | €2,278,080 | €2,065,715 | -€212,365 | -9.3% |
| Profit (loss) carried forward | 14 | €24,725 | €24,725 | = | 0.0% |
| Amounts payable | 17/49 | €586,311 | €800,787 | +€214,476 | +36.6% |
| Amounts payable after more than one year | 17 | €365,254 | €317,624 | -€47,630 | -13.0% |
| Financial debts | 170/4 | €365,254 | €317,624 | -€47,630 | -13.0% |
| Amounts payable within one year | 42/48 | €216,563 | €477,779 | +€261,216 | +121% |
| Current portion of amounts payable after more than one year | 42 | €57,066 | €55,106 | -€1,959 | -3.4% |
| Financial debts | 43 | €1,503 | €509 | -€994 | -66.1% |
| Credit institutions | 430/8 | €1,503 | €509 | -€994 | -66.1% |
| Trade debts | 44 | €19,112 | €275,976 | +€256,864 | +1,344% |
| Suppliers | 440/4 | €19,112 | €275,976 | +€256,864 | +1,344% |
| Taxes, remuneration and social security | 45 | €136,620 | €143,969 | +€7,349 | +5.4% |
| Taxes | 450/3 | €134,733 | €138,578 | +€3,846 | +2.9% |
| Remuneration and social security | 454/9 | €1,887 | €5,390 | +€3,503 | +186% |
| Other amounts payable | 47/48 | €2,263 | €2,220 | -€43 | -1.9% |
| Accrued charges and deferred income | 492/3 | €4,494 | €5,384 | +€890 | +19.8% |
| Remuneration, social security and pensions | 62 | €16,131 | €48,857 | +€32,726 | +203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,997 | €126,613 | +€92,615 | +272% |
| Other operating charges | 640/8 | €4,294 | €4,964 | +€671 | +15.6% |
| Gross operating margin | 9900 | €42,647 | €121,283 | +€78,636 | +184% |
| Operating profit (loss) | 9901 | -€11,775 | -€59,151 | -€47,376 | -402% |
| Financial income | 75/76B | €1,803,511 | €325,557 | -€1.5m | -81.9% |
| Recurring financial income | 75 | €1,803,511 | €325,557 | -€1.5m | -81.9% |
| Financial charges | 65/66B | €10,242 | €13,585 | +€3,343 | +32.6% |
| Recurring financial charges | 65 | €10,242 | €13,585 | +€3,343 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €1,781,495 | €252,821 | -€1.5m | -85.8% |
| Income taxes | 67/77 | €154,806 | €23,234 | -€131,571 | -85.0% |
| Profit (loss) for the period | 9904 | €1,626,689 | €229,587 | -€1.4m | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,626,689 | €229,587 | -€1.4m | -85.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.