PRINT CAPITAL: 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.
PRINT CAPITAL
Largest movements
- Stocks and contracts +€1,820
up €1,820 (+11.7%), from €15,596 to €17,416
- Tangible fixed assets +€564
up €564 (+130%), from €435 to €999
of which Plant, machinery and equipment: +€564
- Intangible fixed assets -€496
down €496 (-100%), from €496 to €0
- Debts after one year +€1,998
new in 2025: €1,998
- Profit (loss) carried forward +€1,030
up €1,030 (+29.1%), from -€3,544 to -€2,514
- Short-term financial debts -€714
no longer reported in 2025 (was €714)
- Gross operating margin +€821
up €821 (+43.8%), from €1,875 to €2,697
- Financial income -€662
no longer reported in 2025 (was €662)
of which Non-recurring financial income: -€656
- Other operating charges +€387
up €387 (+775%), from €50 to €437
- Depreciation +€301
up €301 (+40.3%), from €747 to €1,048
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 | €37,728 | €39,791 | +€2,064 | +5.5% |
| Fixed assets | 21/28 | €931 | €999 | +€68 | +7.3% |
| Intangible fixed assets | 21 | €496 | €0 | -€496 | -100% |
| Tangible fixed assets | 22/27 | €435 | €999 | +€564 | +130% |
| Plant, machinery and equipment | 23 | €435 | €999 | +€564 | +130% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €36,796 | €38,792 | +€1,996 | +5.4% |
| Stocks and contracts in progress | 3 | €15,596 | €17,416 | +€1,820 | +11.7% |
| Stocks | 30/36 | €15,596 | €17,416 | +€1,820 | +11.7% |
| Amounts receivable within one year | 40/41 | €21,200 | €21,376 | +€176 | +0.8% |
| Trade receivables | 40 | €6,829 | €7,266 | +€437 | +6.4% |
| Other amounts receivable | 41 | €14,371 | €14,110 | -€261 | -1.8% |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €37,728 | €39,791 | +€2,064 | +5.5% |
| Equity | 10/15 | €36,456 | €37,486 | +€1,030 | +2.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Capital | 10 | €40,000 | - | -€40,000 | |
| Issued capital | 100 | €40,000 | - | -€40,000 | |
| Profit (loss) carried forward | 14 | -€3,544 | -€2,514 | +€1,030 | +29.1% |
| Amounts payable | 17/49 | €1,271 | €2,305 | +€1,034 | +81.3% |
| Amounts payable after more than one year | 17 | - | €1,998 | +€1,998 | |
| Financial debts | 170/4 | - | €1,998 | +€1,998 | |
| Amounts payable within one year | 42/48 | €1,271 | €307 | -€964 | -75.9% |
| Financial debts | 43 | €714 | - | -€714 | |
| Credit institutions | 430/8 | €714 | - | -€714 | |
| Trade debts | 44 | €385 | - | -€385 | |
| Suppliers | 440/4 | €385 | - | -€385 | |
| Taxes, remuneration and social security | 45 | €172 | €307 | +€135 | +78.4% |
| Taxes | 450/3 | €172 | €307 | +€135 | +78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €747 | €1,048 | +€301 | +40.3% |
| Other operating charges | 640/8 | €50 | €437 | +€387 | +775% |
| Gross operating margin | 9900 | €1,875 | €2,697 | +€821 | +43.8% |
| Operating profit (loss) | 9901 | €1,079 | €1,212 | +€133 | +12.3% |
| Financial income | 75/76B | €662 | - | -€662 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Non-recurring financial income | 76B | €656 | - | -€656 | |
| Financial charges | 65/66B | €151 | €176 | +€25 | +16.5% |
| Recurring financial charges | 65 | €151 | €176 | +€25 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,589 | €1,035 | -€554 | -34.8% |
| Income taxes | 67/77 | €22 | €6 | -€17 | -75.1% |
| Profit (loss) for the period | 9904 | €1,567 | €1,030 | -€537 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,567 | €1,030 | -€537 | -34.3% |
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 24 October 2026 via checked.be.