PRINSTEC: 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.
PRINSTEC
Largest movements
- Tangible fixed assets +€29,622
up €29,622 (+25.0%), from €118,279 to €147,901
of which Land and buildings: +€31,064
- Cash -€5,710
down €5,710 (-62.4%), from €9,150 to €3,440
mainly Investment in fixed assets (net) (-€35,637) and Net result for the year (-€18,652)
- Receivables within one year -€2,779
down €2,779 (-78.6%), from €3,534 to €755
of which Other amounts receivable: -€2,779
- Other debts +€39,480
up €39,480 (+377%), from €10,471 to €49,951
- Profit (loss) carried forward -€18,652
down €18,652 (-18.6%), from €100,081 to €81,429
- Gross operating margin -€5,801
down €5,801 (-94.6%), from -€6,131 to -€11,932
- Depreciation +€1,359
up €1,359 (+29.2%), from €4,655 to €6,014
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,392 | €152,330 | +€20,937 | +15.9% |
| Fixed assets | 21/28 | €118,279 | €147,901 | +€29,622 | +25.0% |
| Tangible fixed assets | 22/27 | €118,279 | €147,901 | +€29,622 | +25.0% |
| Land and buildings | 22 | €116,838 | €147,901 | +€31,064 | +26.6% |
| Other tangible fixed assets | 26 | €1,441 | - | -€1,441 | |
| Current assets | 29/58 | €13,114 | €4,429 | -€8,685 | -66.2% |
| Amounts receivable within one year | 40/41 | €3,534 | €755 | -€2,779 | -78.6% |
| Trade receivables | 40 | €755 | €755 | = | 0.0% |
| Other amounts receivable | 41 | €2,779 | - | -€2,779 | |
| Cash at bank and in hand | 54/58 | €9,150 | €3,440 | -€5,710 | -62.4% |
| Deferred charges and accrued income | 490/1 | €430 | €233 | -€196 | -45.7% |
| Total equity and liabilities | 10/49 | €131,392 | €152,330 | +€20,937 | +15.9% |
| Equity | 10/15 | €120,541 | €101,889 | -€18,652 | -15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,081 | €81,429 | -€18,652 | -18.6% |
| Amounts payable | 17/49 | €10,852 | €50,441 | +€39,589 | +365% |
| Amounts payable within one year | 42/48 | €10,852 | €50,441 | +€39,589 | +365% |
| Trade debts | 44 | €381 | €358 | -€23 | -6.0% |
| Suppliers | 440/4 | €381 | €358 | -€23 | -6.0% |
| Taxes, remuneration and social security | 45 | - | €132 | +€132 | |
| Taxes | 450/3 | - | €132 | +€132 | |
| Other amounts payable | 47/48 | €10,471 | €49,951 | +€39,480 | +377% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,655 | €6,014 | +€1,359 | +29.2% |
| Other operating charges | 640/8 | €587 | €605 | +€18 | +3.0% |
| Gross operating margin | 9900 | -€6,131 | -€11,932 | -€5,801 | -94.6% |
| Operating profit (loss) | 9901 | -€11,373 | -€18,551 | -€7,178 | -63.1% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €90 | €117 | +€27 | +29.5% |
| Recurring financial charges | 65 | €90 | €117 | +€27 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,464 | -€18,652 | -€7,188 | -62.7% |
| Profit (loss) for the period | 9904 | -€11,464 | -€18,652 | -€7,188 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,464 | -€18,652 | -€7,188 | -62.7% |
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 19 October 2026 via checked.be.