't Prinske: 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.
't Prinske
Largest movements
- Tangible fixed assets +€308,832
up €308,832 (+77.6%), from €398,197 to €707,029
- Receivables within one year +€44,064
up €44,064 (+686%), from €6,423 to €50,487
of which Other amounts receivable: +€39,900
- Cash -€11,925
down €11,925 (-7.1%), from €168,502 to €156,578
mainly Investment in fixed assets (net) (-€356,072) and Receivables within one year (-€44,064)
- Profit (loss) carried forward +€148,725
up €148,725 (+66.9%), from €222,301 to €371,026
- Debts after one year +€85,215
up €85,215 (+39.8%), from €214,349 to €299,564
- Tax, wage and social debts +€69,779
up €69,779 (+75.2%), from €92,731 to €162,510
of which Taxes: +€41,438
- Trade debts +€35,263
up €35,263 (+172%), from €20,468 to €55,731
- Current portion of long-term debt +€11,383
up €11,383 (+48.6%), from €23,402 to €34,785
- Gross operating margin +€164,140
up €164,140 (+33.0%), from €496,920 to €661,059
- Staff costs +€132,345
up €132,345 (+47.2%), from €280,300 to €412,645
- Depreciation +€16,615
up €16,615 (+64.7%), from €25,685 to €42,300
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 | €579,698 | €930,160 | +€350,462 | +60.5% |
| Fixed assets | 21/28 | €400,285 | €714,056 | +€313,771 | +78.4% |
| Intangible fixed assets | 21 | €1,500 | €6,440 | +€4,939 | +329% |
| Tangible fixed assets | 22/27 | €398,197 | €707,029 | +€308,832 | +77.6% |
| Land and buildings | 22 | €309,203 | €437,110 | +€127,907 | +41.4% |
| Plant, machinery and equipment | 23 | €71,420 | €176,941 | +€105,521 | +148% |
| Furniture and vehicles | 24 | €8,345 | €86,143 | +€77,799 | +932% |
| Leasing and similar rights | 25 | €9,230 | €6,835 | -€2,394 | -25.9% |
| Financial fixed assets | 28 | €587 | €587 | = | 0.0% |
| Current assets | 29/58 | €179,413 | €216,104 | +€36,691 | +20.5% |
| Amounts receivable within one year | 40/41 | €6,423 | €50,487 | +€44,064 | +686% |
| Trade receivables | 40 | €6,229 | €10,394 | +€4,165 | +66.9% |
| Other amounts receivable | 41 | €193 | €40,093 | +€39,900 | +20,644% |
| Cash at bank and in hand | 54/58 | €168,502 | €156,578 | -€11,925 | -7.1% |
| Deferred charges and accrued income | 490/1 | €4,488 | €9,040 | +€4,551 | +101% |
| Total equity and liabilities | 10/49 | €579,698 | €930,160 | +€350,462 | +60.5% |
| Equity | 10/15 | €227,301 | €376,026 | +€148,725 | +65.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €222,301 | €371,026 | +€148,725 | +66.9% |
| Amounts payable | 17/49 | €352,397 | €554,134 | +€201,737 | +57.2% |
| Amounts payable after more than one year | 17 | €214,349 | €299,564 | +€85,215 | +39.8% |
| Financial debts | 170/4 | €214,349 | €299,564 | +€85,215 | +39.8% |
| Amounts payable within one year | 42/48 | €137,048 | €254,570 | +€117,522 | +85.8% |
| Current portion of amounts payable after more than one year | 42 | €23,402 | €34,785 | +€11,383 | +48.6% |
| Trade debts | 44 | €20,468 | €55,731 | +€35,263 | +172% |
| Suppliers | 440/4 | €20,468 | €55,731 | +€35,263 | +172% |
| Taxes, remuneration and social security | 45 | €92,731 | €162,510 | +€69,779 | +75.2% |
| Taxes | 450/3 | €44,389 | €85,827 | +€41,438 | +93.4% |
| Remuneration and social security | 454/9 | €48,341 | €76,682 | +€28,341 | +58.6% |
| Other amounts payable | 47/48 | €448 | €1,545 | +€1,097 | +245% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100% |
| Remuneration, social security and pensions | 62 | €280,300 | €412,645 | +€132,345 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,685 | €42,300 | +€16,615 | +64.7% |
| Other operating charges | 640/8 | €3,091 | €3,884 | +€793 | +25.7% |
| Gross operating margin | 9900 | €496,920 | €661,059 | +€164,140 | +33.0% |
| Operating profit (loss) | 9901 | €187,843 | €202,230 | +€14,387 | +7.7% |
| Financial income | 75/76B | €275 | €1,822 | +€1,547 | +563% |
| Recurring financial income | 75 | €275 | €1,822 | +€1,547 | +563% |
| Financial charges | 65/66B | €19,095 | €18,037 | -€1,058 | -5.5% |
| Recurring financial charges | 65 | €19,095 | €18,037 | -€1,058 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €169,023 | €186,015 | +€16,992 | +10.1% |
| Income taxes | 67/77 | €38,913 | €37,290 | -€1,623 | -4.2% |
| Profit (loss) for the period | 9904 | €130,110 | €148,725 | +€18,615 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,110 | €148,725 | +€18,615 | +14.3% |
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 15 October 2026 via checked.be.