PRINTALERT: 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.
PRINTALERT
Largest movements
- Receivables within one year -€31,133
down €31,133 (-28.8%), from €108,122 to €76,990
of which Trade receivables: -€24,986
- Intangible fixed assets -€10,000
down €10,000 (-15.2%), from €65,836 to €55,836
- Cash -€4,153
down €4,153 (-20.8%), from €19,940 to €15,787
mainly Trade debts (-€48,980) and Debts after one year (-€10,963)
- Trade debts -€48,980
down €48,980 (-68.7%), from €71,311 to €22,331
- Tax, wage and social debts +€12,383
up €12,383 (+49.2%), from €25,152 to €37,535
of which Taxes: +€12,013
- Debts after one year -€10,963
down €10,963 (-68.4%), from €16,020 to €5,057
- Reserves +€5,346
up €5,346 (+13.7%), from €39,093 to €44,439
of which Distributable reserves: +€5,346
- Current portion of long-term debt -€4,080
down €4,080 (-27.1%), from €15,043 to €10,963
- Gross operating margin -€4,888
down €4,888 (-5.9%), from €83,440 to €78,553
- Financial charges -€1,667
down €1,667 (-42.4%), from €3,933 to €2,266
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,778 | €151,749 | -€46,028 | -23.3% |
| Fixed assets | 21/28 | €67,603 | €56,945 | -€10,658 | -15.8% |
| Intangible fixed assets | 21 | €65,836 | €55,836 | -€10,000 | -15.2% |
| Tangible fixed assets | 22/27 | €1,768 | €1,109 | -€658 | -37.2% |
| Plant, machinery and equipment | 23 | €203 | €0 | -€203 | -100.0% |
| Furniture and vehicles | 24 | €1,565 | €1,109 | -€456 | -29.1% |
| Current assets | 29/58 | €130,174 | €94,804 | -€35,370 | -27.2% |
| Amounts receivable within one year | 40/41 | €108,122 | €76,990 | -€31,133 | -28.8% |
| Trade receivables | 40 | €98,928 | €73,943 | -€24,986 | -25.3% |
| Other amounts receivable | 41 | €9,194 | €3,047 | -€6,147 | -66.9% |
| Cash at bank and in hand | 54/58 | €19,940 | €15,787 | -€4,153 | -20.8% |
| Deferred charges and accrued income | 490/1 | €2,112 | €2,028 | -€84 | -4.0% |
| Total equity and liabilities | 10/49 | €197,778 | €151,749 | -€46,028 | -23.3% |
| Equity | 10/15 | €57,693 | €63,039 | +€5,346 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,093 | €44,439 | +€5,346 | +13.7% |
| Tax-exempt reserves | 132 | €3,762 | €3,762 | = | 0.0% |
| Distributable reserves | 133 | €35,330 | €40,676 | +€5,346 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €140,085 | €88,711 | -€51,374 | -36.7% |
| Amounts payable after more than one year | 17 | €16,020 | €5,057 | -€10,963 | -68.4% |
| Financial debts | 170/4 | €16,020 | €5,057 | -€10,963 | -68.4% |
| Amounts payable within one year | 42/48 | €124,065 | €83,654 | -€40,411 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €15,043 | €10,963 | -€4,080 | -27.1% |
| Trade debts | 44 | €71,311 | €22,331 | -€48,980 | -68.7% |
| Suppliers | 440/4 | €71,311 | €22,331 | -€48,980 | -68.7% |
| Taxes, remuneration and social security | 45 | €25,152 | €37,535 | +€12,383 | +49.2% |
| Taxes | 450/3 | €16,275 | €28,289 | +€12,013 | +73.8% |
| Remuneration and social security | 454/9 | €8,876 | €9,246 | +€370 | +4.2% |
| Other amounts payable | 47/48 | €12,559 | €12,825 | +€265 | +2.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €56,969 | €57,591 | +€622 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,761 | €10,658 | -€103 | -1.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €83,440 | €78,553 | -€4,888 | -5.9% |
| Operating profit (loss) | 9901 | €15,205 | €9,783 | -€5,421 | -35.7% |
| Financial income | 75/76B | €50 | €7 | -€42 | -84.9% |
| Recurring financial income | 75 | €50 | €7 | -€42 | -84.9% |
| Financial charges | 65/66B | €3,933 | €2,266 | -€1,667 | -42.4% |
| Recurring financial charges | 65 | €3,933 | €2,266 | -€1,667 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €11,321 | €7,525 | -€3,796 | -33.5% |
| Income taxes | 67/77 | €2,672 | €2,179 | -€493 | -18.4% |
| Profit (loss) for the period | 9904 | €8,649 | €5,346 | -€3,304 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,649 | €5,346 | -€3,304 | -38.2% |
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 5 October 2026 via checked.be.