PRINTHOF: 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.
PRINTHOF
Largest movements
- Tangible fixed assets +€7,113
up €7,113 (+98.3%), from €7,234 to €14,347
- Stocks and contracts +€3,043
up €3,043 (+177%), from €1,715 to €4,759
- Receivables within one year +€443
up €443 (+71.2%), from €622 to €1,064
of which Trade receivables: +€225
- Cash -€322
down €322 (-46.1%), from €699 to €377
mainly Investment in fixed assets (net) (-€7,891) and Stocks and contracts (-€3,043)
- Other debts +€9,448
up €9,448 (+111%), from €8,543 to €17,991
- Trade debts +€356
up €356 (+19.0%), from €1,878 to €2,234
- Tax, wage and social debts +€266
up €266 (+243%), from €110 to €376
- Profit (loss) carried forward +€207
up €207 (+2.9%), from -€7,261 to -€7,053
- Gross operating margin +€6,652
up €6,652, from -€5,633 to €1,020
- Depreciation -€793
down €793 (-50.5%), from €1,572 to €778
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 | €10,270 | €20,547 | +€10,277 | +100% |
| Fixed assets | 21/28 | €7,234 | €14,347 | +€7,113 | +98.3% |
| Tangible fixed assets | 22/27 | €7,234 | €14,347 | +€7,113 | +98.3% |
| Plant, machinery and equipment | 23 | €7,234 | €14,347 | +€7,113 | +98.3% |
| Current assets | 29/58 | €3,036 | €6,200 | +€3,164 | +104% |
| Stocks and contracts in progress | 3 | €1,715 | €4,759 | +€3,043 | +177% |
| Stocks | 30/36 | €1,715 | €4,759 | +€3,043 | +177% |
| Amounts receivable within one year | 40/41 | €622 | €1,064 | +€443 | +71.2% |
| Trade receivables | 40 | €622 | €847 | +€225 | +36.2% |
| Other amounts receivable | 41 | - | €217 | +€217 | |
| Cash at bank and in hand | 54/58 | €699 | €377 | -€322 | -46.1% |
| Total equity and liabilities | 10/49 | €10,270 | €20,547 | +€10,277 | +100% |
| Equity | 10/15 | -€261 | -€53 | +€207 | +79.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,261 | -€7,053 | +€207 | +2.9% |
| Amounts payable | 17/49 | €10,531 | €20,600 | +€10,070 | +95.6% |
| Amounts payable within one year | 42/48 | €10,531 | €20,600 | +€10,070 | +95.6% |
| Trade debts | 44 | €1,878 | €2,234 | +€356 | +19.0% |
| Suppliers | 440/4 | €1,878 | €2,234 | +€356 | +19.0% |
| Taxes, remuneration and social security | 45 | €110 | €376 | +€266 | +243% |
| Taxes | 450/3 | €110 | €376 | +€266 | +243% |
| Other amounts payable | 47/48 | €8,543 | €17,991 | +€9,448 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,572 | €778 | -€793 | -50.5% |
| Gross operating margin | 9900 | -€5,633 | €1,020 | +€6,652 | |
| Operating profit (loss) | 9901 | -€7,204 | €241 | +€7,445 | |
| Financial income | 75/76B | €3 | €28 | +€25 | +918% |
| Recurring financial income | 75 | €3 | €28 | +€25 | +918% |
| Financial charges | 65/66B | €59 | €62 | +€2 | +3.8% |
| Recurring financial charges | 65 | €59 | €62 | +€2 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,261 | €207 | +€7,468 | |
| Profit (loss) for the period | 9904 | -€7,261 | €207 | +€7,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,261 | €207 | +€7,468 |
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.