Printvision: 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.
Printvision
Largest movements
- Financial fixed assets +€860,465
up €860,465 (+9.7%), from €8.9m to €9.7m
- Receivables within one year +€167,568
up €167,568 (+198.3%), from €84,482 to €252,050
of which Trade receivables: +€170,550
- Contributions +€1.1m
up €1.1m (+84.5%), from €1.3m to €2.4m
- Current portion of long-term debt -€375,236
down €375,236 (-60.2%), from €623,084 to €247,848
- Debts after one year +€246,356
up €246,356 (+5.6%), from €4.4m to €4.6m
- Gross operating margin +€16,231
up €16,231 (+15.2%), from €106,663 to €122,894
- Financial charges +€7,498
up €7,498 (+7.7%), from €96,949 to €104,447
- Other operating charges +€2,724
up €2,724 (+65.9%), from €4,135 to €6,859
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 | €8,993,944 | €10,008,628 | +€1.0m | +11.3% |
| Fixed assets | 21/28 | €8,871,080 | €9,731,545 | +€860,465 | +9.7% |
| Financial fixed assets | 28 | €8,871,080 | €9,731,545 | +€860,465 | +9.7% |
| Current assets | 29/58 | €122,864 | €277,083 | +€154,219 | +125.5% |
| Amounts receivable within one year | 40/41 | €84,482 | €252,050 | +€167,568 | +198.3% |
| Trade receivables | 40 | €81,500 | €252,050 | +€170,550 | +209.3% |
| Other amounts receivable | 41 | €2,982 | €0 | -€2,982 | -100.0% |
| Cash at bank and in hand | 54/58 | €38,382 | €25,033 | -€13,349 | -34.8% |
| Total equity and liabilities | 10/49 | €8,993,944 | €10,008,628 | +€1.0m | +11.3% |
| Equity | 10/15 | €3,888,739 | €5,020,548 | +€1.1m | +29.1% |
| Contributions | 10/11 | €1,325,065 | €2,445,286 | +€1.1m | +84.5% |
| Capital | 10 | €1,325,065 | €2,445,286 | +€1.1m | +84.5% |
| Issued capital | 100 | €1,325,065 | €2,445,286 | +€1.1m | +84.5% |
| Reserves | 13 | €2,563,674 | €2,575,262 | +€11,588 | +0.5% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €2,523,674 | €2,535,262 | +€11,588 | +0.5% |
| Amounts payable | 17/49 | €5,105,205 | €4,988,080 | -€117,125 | -2.3% |
| Amounts payable after more than one year | 17 | €4,372,108 | €4,618,464 | +€246,356 | +5.6% |
| Financial debts | 170/4 | €4,372,108 | €4,618,464 | +€246,356 | +5.6% |
| Amounts payable within one year | 42/48 | €712,418 | €359,839 | -€352,578 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €623,084 | €247,848 | -€375,236 | -60.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €89,334 | €106,507 | +€17,173 | +19.2% |
| Suppliers | 440/4 | €89,334 | €106,507 | +€17,173 | +19.2% |
| Taxes, remuneration and social security | 45 | - | €5,484 | +€5,484 | |
| Taxes | 450/3 | - | €5,484 | +€5,484 | |
| Accrued charges and deferred income | 492/3 | €20,679 | €9,777 | -€10,902 | -52.7% |
| Other operating charges | 640/8 | €4,135 | €6,859 | +€2,724 | +65.9% |
| Gross operating margin | 9900 | €106,663 | €122,894 | +€16,231 | +15.2% |
| Operating profit (loss) | 9901 | €102,528 | €116,035 | +€13,507 | +13.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €96,949 | €104,447 | +€7,498 | +7.7% |
| Recurring financial charges | 65 | €96,949 | €104,447 | +€7,498 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €5,579 | €11,588 | +€6,009 | +107.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €5,579 | €11,588 | +€6,009 | +107.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,579 | €11,588 | +€6,009 | +107.7% |
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 4 October 2026 via checked.be.