PRISMAX: 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.
PRISMAX
Largest movements
- Receivables within one year +€328,231
up €328,231 (+33.0%), from €993,907 to €1.3m
of which Other amounts receivable: +€448,511
- Stocks and contracts +€140,000
up €140,000, from €0 to €140,000
- Intangible fixed assets +€76,193
up €76,193 (+6.9%), from €1.1m to €1.2m
- Deferred charges and accrued income +€70,190
up €70,190 (+225%), from €31,221 to €101,412
- Cash +€45,373
up €45,373 (+12.4%), from €366,348 to €411,721
mainly Net result for the year (+€711,014) and Debts after one year (+€611,938)
- Debts after one year +€611,938
up €611,938 (+234%), from €261,558 to €873,495
of which Other amounts payable: +€678,997
- Short-term financial debts +€444,369
up €444,369 (+241%), from €184,200 to €628,569
- Trade debts +€427,868
up €427,868 (+103%), from €413,505 to €841,374
- Reserves -€233,085
down €233,085 (-20.3%), from €1.1m to €914,140
- Current portion of long-term debt -€230,217
down €230,217 (-77.4%), from €297,276 to €67,059
- Gross operating margin +€1.0m
up €1.0m (+68.0%), from €1.5m to €2.6m
- Staff costs +€279,894
up €279,894 (+32.8%), from €852,731 to €1.1m
- Taxes +€189,370
up €189,370 (+219%), from €86,509 to €275,879
- Depreciation +€127,480
up €127,480 (+45.1%), from €282,753 to €410,233
- Financial charges -€118,367
down €118,367 (-68.2%), from €173,441 to €55,074
of which Non-recurring financial charges: -€119,999
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 | €3,122,959 | €3,798,150 | +€675,191 | +21.6% |
| Fixed assets | 21/28 | €1,731,483 | €1,822,879 | +€91,396 | +5.3% |
| Intangible fixed assets | 21 | €1,110,297 | €1,186,490 | +€76,193 | +6.9% |
| Tangible fixed assets | 22/27 | €378,030 | €388,734 | +€10,704 | +2.8% |
| Land and buildings | 22 | €124,416 | €152,285 | +€27,869 | +22.4% |
| Plant, machinery and equipment | 23 | €128,716 | €120,261 | -€8,454 | -6.6% |
| Furniture and vehicles | 24 | €123,177 | €114,666 | -€8,511 | -6.9% |
| Other tangible fixed assets | 26 | €1,721 | €1,521 | -€200 | -11.6% |
| Financial fixed assets | 28 | €243,156 | €247,655 | +€4,499 | +1.9% |
| Current assets | 29/58 | €1,391,476 | €1,975,271 | +€583,795 | +42.0% |
| Stocks and contracts in progress | 3 | €0 | €140,000 | +€140,000 | |
| Contracts in progress | 37 | €0 | €140,000 | +€140,000 | |
| Amounts receivable within one year | 40/41 | €993,907 | €1,322,138 | +€328,231 | +33.0% |
| Trade receivables | 40 | €575,759 | €455,479 | -€120,280 | -20.9% |
| Other amounts receivable | 41 | €418,147 | €866,659 | +€448,511 | +107% |
| Cash at bank and in hand | 54/58 | €366,348 | €411,721 | +€45,373 | +12.4% |
| Deferred charges and accrued income | 490/1 | €31,221 | €101,412 | +€70,190 | +225% |
| Total equity and liabilities | 10/49 | €3,122,959 | €3,798,150 | +€675,191 | +21.6% |
| Equity | 10/15 | €1,607,071 | €1,111,329 | -€495,741 | -30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,147,226 | €914,140 | -€233,085 | -20.3% |
| Distributable reserves | 133 | €1,147,226 | €914,140 | -€233,085 | -20.3% |
| Profit (loss) carried forward | 14 | €203,126 | €0 | -€203,126 | -100% |
| Investment grants | 15 | €238,119 | €178,589 | -€59,530 | -25.0% |
| Amounts payable | 17/49 | €1,515,888 | €2,686,820 | +€1.2m | +77.2% |
| Amounts payable after more than one year | 17 | €261,558 | €873,495 | +€611,938 | +234% |
| Financial debts | 170/4 | €175,644 | €108,585 | -€67,059 | -38.2% |
| Other amounts payable | 178/9 | €85,913 | €764,910 | +€678,997 | +790% |
| Amounts payable within one year | 42/48 | €1,148,992 | €1,813,325 | +€664,334 | +57.8% |
| Current portion of amounts payable after more than one year | 42 | €297,276 | €67,059 | -€230,217 | -77.4% |
| Financial debts | 43 | €184,200 | €628,569 | +€444,369 | +241% |
| Credit institutions | 430/8 | €184,200 | €628,569 | +€444,369 | +241% |
| Trade debts | 44 | €413,505 | €841,374 | +€427,868 | +103% |
| Suppliers | 440/4 | €413,505 | €841,374 | +€427,868 | +103% |
| Taxes, remuneration and social security | 45 | €241,238 | €275,766 | +€34,528 | +14.3% |
| Taxes | 450/3 | €91,875 | €35,065 | -€56,810 | -61.8% |
| Remuneration and social security | 454/9 | €149,363 | €240,701 | +€91,338 | +61.2% |
| Other amounts payable | 47/48 | €12,773 | €558 | -€12,215 | -95.6% |
| Accrued charges and deferred income | 492/3 | €105,339 | €0 | -€105,339 | -100% |
| Non-recurring operating income | 76A | €3,618 | €0 | -€3,618 | -100% |
| Remuneration, social security and pensions | 62 | €852,731 | €1,132,625 | +€279,894 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,753 | €410,233 | +€127,480 | +45.1% |
| Other operating charges | 640/8 | €52,186 | €54,056 | +€1,871 | +3.6% |
| Gross operating margin | 9900 | €1,530,483 | €2,571,339 | +€1.0m | +68.0% |
| Operating profit (loss) | 9901 | €342,814 | €974,425 | +€631,612 | +184% |
| Financial income | 75/76B | €59,718 | €67,542 | +€7,824 | +13.1% |
| Recurring financial income | 75 | €59,718 | €67,542 | +€7,824 | +13.1% |
| Financial charges | 65/66B | €173,441 | €55,074 | -€118,367 | -68.2% |
| Recurring financial charges | 65 | €53,442 | €55,074 | +€1,632 | +3.1% |
| Non-recurring financial charges | 66B | €119,999 | €0 | -€119,999 | -100% |
| Profit (loss) for the period before taxes | 9903 | €229,090 | €986,893 | +€757,803 | +331% |
| Income taxes | 67/77 | €86,509 | €275,879 | +€189,370 | +219% |
| Profit (loss) for the period | 9904 | €142,581 | €711,014 | +€568,433 | +399% |
| Profit (loss) for the period to be appropriated | 9905 | €142,581 | €711,014 | +€568,433 | +399% |
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 14 October 2026 via checked.be.