Printburo: 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.
Printburo
Largest movements
- Tangible fixed assets -€109,176
down €109,176 (-18.7%), from €584,701 to €475,525
of which Plant, machinery and equipment: -€103,505
- Cash +€63,247
up €63,247 (+53.8%), from €117,476 to €180,723
mainly Depreciation (+€166,215) and Net result for the year (+€78,833)
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Receivables within one year +€10,630
up €10,630 (+6.9%), from €154,327 to €164,957
of which Trade receivables: +€39,861
- Stocks and contracts -€10,116
down €10,116 (-10.7%), from €94,970 to €84,854
- Debts after one year -€94,916
down €94,916 (-39.1%), from €242,617 to €147,701
- Reserves +€78,833
up €78,833 (+22.3%), from €352,976 to €431,810
- Other debts -€42,013
down €42,013 (-26.9%), from €156,376 to €114,363
- Trade debts -€36,441
down €36,441 (-49.8%), from €73,219 to €36,779
- Gross operating margin +€86,781
up €86,781 (+14.5%), from €600,400 to €687,181
- Staff costs +€63,139
up €63,139 (+18.7%), from €338,248 to €401,387
- Depreciation +€35,672
up €35,672 (+27.3%), from €130,543 to €166,215
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 | €1,002,315 | €906,060 | -€96,255 | -9.6% |
| Fixed assets | 21/28 | €584,701 | €475,525 | -€109,176 | -18.7% |
| Tangible fixed assets | 22/27 | €584,701 | €475,525 | -€109,176 | -18.7% |
| Land and buildings | 22 | €165,396 | €147,230 | -€18,166 | -11.0% |
| Plant, machinery and equipment | 23 | €389,455 | €285,950 | -€103,505 | -26.6% |
| Furniture and vehicles | 24 | €29,850 | €42,346 | +€12,496 | +41.9% |
| Current assets | 29/58 | €417,614 | €430,534 | +€12,920 | +3.1% |
| Stocks and contracts in progress | 3 | €94,970 | €84,854 | -€10,116 | -10.7% |
| Stocks | 30/36 | €94,970 | €84,854 | -€10,116 | -10.7% |
| Amounts receivable within one year | 40/41 | €154,327 | €164,957 | +€10,630 | +6.9% |
| Trade receivables | 40 | €125,095 | €164,955 | +€39,861 | +31.9% |
| Other amounts receivable | 41 | €29,233 | €2 | -€29,231 | -100.0% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €117,476 | €180,723 | +€63,247 | +53.8% |
| Deferred charges and accrued income | 490/1 | €840 | €0 | -€840 | -100.0% |
| Total equity and liabilities | 10/49 | €1,002,315 | €906,060 | -€96,255 | -9.6% |
| Equity | 10/15 | €365,376 | €444,210 | +€78,833 | +21.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €352,976 | €431,810 | +€78,833 | +22.3% |
| Distributable reserves | 133 | €352,976 | €431,810 | +€78,833 | +22.3% |
| Amounts payable | 17/49 | €636,939 | €461,850 | -€175,089 | -27.5% |
| Amounts payable after more than one year | 17 | €242,617 | €147,701 | -€94,916 | -39.1% |
| Financial debts | 170/4 | €242,617 | €147,701 | -€94,916 | -39.1% |
| Amounts payable within one year | 42/48 | €388,777 | €309,147 | -€79,630 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €105,260 | €100,820 | -€4,441 | -4.2% |
| Trade debts | 44 | €73,219 | €36,779 | -€36,441 | -49.8% |
| Suppliers | 440/4 | €73,219 | €36,779 | -€36,441 | -49.8% |
| Taxes, remuneration and social security | 45 | €53,922 | €57,186 | +€3,264 | +6.1% |
| Taxes | 450/3 | €6,881 | €18,605 | +€11,724 | +170.4% |
| Remuneration and social security | 454/9 | €47,040 | €38,580 | -€8,460 | -18.0% |
| Other amounts payable | 47/48 | €156,376 | €114,363 | -€42,013 | -26.9% |
| Accrued charges and deferred income | 492/3 | €5,544 | €5,002 | -€542 | -9.8% |
| Non-recurring operating income | 76A | €100 | €0 | -€100 | -100.0% |
| Remuneration, social security and pensions | 62 | €338,248 | €401,387 | +€63,139 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,543 | €166,215 | +€35,672 | +27.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,588 | +€1,588 | |
| Other operating charges | 640/8 | €5,493 | €5,280 | -€213 | -3.9% |
| Gross operating margin | 9900 | €600,400 | €687,181 | +€86,781 | +14.5% |
| Operating profit (loss) | 9901 | €126,116 | €112,713 | -€13,404 | -10.6% |
| Financial income | 75/76B | €7,246 | €7,239 | -€7 | -0.1% |
| Recurring financial income | 75 | €7,246 | €7,239 | -€7 | -0.1% |
| Financial charges | 65/66B | €23,254 | €17,901 | -€5,354 | -23.0% |
| Recurring financial charges | 65 | €23,254 | €17,901 | -€5,354 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €110,108 | €102,051 | -€8,057 | -7.3% |
| Income taxes | 67/77 | €20,140 | €23,218 | +€3,078 | +15.3% |
| Profit (loss) for the period | 9904 | €89,968 | €78,833 | -€11,134 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,968 | €78,833 | -€11,134 | -12.4% |
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.