PRINVEST: 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.
PRINVEST
Largest movements
- Current investments +€99,673
new in 2025: €99,673
- Deferred charges and accrued income -€31,378
no longer reported in 2025 (was €31,378)
- Tangible fixed assets -€17,528
down €17,528 (-13.0%), from €135,232 to €117,704
- Cash -€9,195
down €9,195 (-7.9%), from €116,187 to €106,992
mainly Current investments (-€99,673) and Contributions, distributions and other (-€43,654)
- Profit (loss) carried forward +€47,331
up €47,331 (+21.9%), from €216,239 to €263,571
- Reserves -€43,654
down €43,654 (-95.6%), from €45,655 to €2,001
of which Distributable reserves: -€43,654
- Other debts +€36,788
up €36,788 (+511%), from €7,196 to €43,984
- Trade debts +€4,934
new in 2025: €4,934
- Tax, wage and social debts -€4,434
no longer reported in 2025 (was €4,434)
- Gross operating margin -€12,100
down €12,100 (-11.7%), from €103,536 to €91,436
- Taxes -€3,570
down €3,570 (-18.5%), from €19,340 to €15,770
- Financial income -€2,383
down €2,383 (-97.2%), from €2,452 to €68
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 | €288,324 | €328,764 | +€40,440 | +14.0% |
| Fixed assets | 21/28 | €135,232 | €117,704 | -€17,528 | -13.0% |
| Tangible fixed assets | 22/27 | €135,232 | €117,704 | -€17,528 | -13.0% |
| Land and buildings | 22 | €135,232 | €117,704 | -€17,528 | -13.0% |
| Current assets | 29/58 | €153,092 | €211,060 | +€57,968 | +37.9% |
| Amounts receivable within one year | 40/41 | €5,527 | €4,395 | -€1,132 | -20.5% |
| Trade receivables | 40 | €5,455 | - | -€5,455 | |
| Other amounts receivable | 41 | €72 | €4,395 | +€4,323 | +6,031% |
| Current investments | 50/53 | - | €99,673 | +€99,673 | |
| Cash at bank and in hand | 54/58 | €116,187 | €106,992 | -€9,195 | -7.9% |
| Deferred charges and accrued income | 490/1 | €31,378 | - | -€31,378 | |
| Total equity and liabilities | 10/49 | €288,324 | €328,764 | +€40,440 | +14.0% |
| Equity | 10/15 | €275,311 | €278,988 | +€3,677 | +1.3% |
| Contributions | 10/11 | €13,416 | €13,416 | = | 0.0% |
| Reserves | 13 | €45,655 | €2,001 | -€43,654 | -95.6% |
| Non-distributable reserves | 130/1 | €1,915 | €1,915 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,915 | €1,915 | = | 0.0% |
| Tax-exempt reserves | 132 | €86 | €86 | = | 0.0% |
| Distributable reserves | 133 | €43,654 | - | -€43,654 | |
| Profit (loss) carried forward | 14 | €216,239 | €263,571 | +€47,331 | +21.9% |
| Amounts payable | 17/49 | €13,014 | €49,776 | +€36,762 | +282% |
| Amounts payable within one year | 42/48 | €11,630 | €48,919 | +€37,288 | +321% |
| Trade debts | 44 | - | €4,934 | +€4,934 | |
| Suppliers | 440/4 | - | €4,934 | +€4,934 | |
| Taxes, remuneration and social security | 45 | €4,434 | - | -€4,434 | |
| Taxes | 450/3 | €4,434 | - | -€4,434 | |
| Other amounts payable | 47/48 | €7,196 | €43,984 | +€36,788 | +511% |
| Accrued charges and deferred income | 492/3 | €1,383 | €857 | -€526 | -38.0% |
| Non-recurring operating income | 76A | €4,246 | €1,943 | -€2,302 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,528 | €17,528 | = | 0.0% |
| Other operating charges | 640/8 | €9,674 | €9,976 | +€302 | +3.1% |
| Gross operating margin | 9900 | €103,536 | €91,436 | -€12,100 | -11.7% |
| Operating profit (loss) | 9901 | €76,334 | €63,933 | -€12,402 | -16.2% |
| Financial income | 75/76B | €2,452 | €68 | -€2,383 | -97.2% |
| Recurring financial income | 75 | €2,452 | €68 | -€2,383 | -97.2% |
| Financial charges | 65/66B | €1,426 | €900 | -€527 | -36.9% |
| Recurring financial charges | 65 | €1,426 | €900 | -€527 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €77,360 | €63,101 | -€14,258 | -18.4% |
| Income taxes | 67/77 | €19,340 | €15,770 | -€3,570 | -18.5% |
| Profit (loss) for the period | 9904 | €58,020 | €47,331 | -€10,689 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,020 | €47,331 | -€10,689 | -18.4% |
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 22 October 2026 via checked.be.