Ten Prins: 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.
Ten Prins
Largest movements
- Receivables within one year +€85,012
up €85,012 (+131%), from €64,905 to €149,917
of which Other amounts receivable: +€64,812
- Short-term financial debts +€74,787
up €74,787 (+24.6%), from €303,701 to €378,488
- Profit (loss) carried forward +€8,252
up €8,252 (+0.8%), from -€995,998 to -€987,746
- Gross operating margin -€63,510
down €63,510 (-75.8%), from €83,734 to €20,224
- Financial charges -€15,492
down €15,492 (-62.4%), from €24,833 to €9,341
- Financial income -€5,418
no longer reported in 2025 (was €5,418)
- Purchases and services -€3,246
down €3,246 (-54.8%), from €5,924 to €2,677
- Taxes +€1,462
up €1,462 (+14,622,800%), from €0 to €1,462
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 | €81,727 | €166,733 | +€85,006 | +104% |
| Current assets | 29/58 | €81,727 | €166,733 | +€85,006 | +104% |
| Amounts receivable within one year | 40/41 | €64,905 | €149,917 | +€85,012 | +131% |
| Trade receivables | 40 | €3,607 | €23,808 | +€20,200 | +560% |
| Other amounts receivable | 41 | €61,298 | €126,110 | +€64,812 | +106% |
| Cash at bank and in hand | 54/58 | €16,822 | €16,816 | -€6 | 0.0% |
| Total equity and liabilities | 10/49 | €81,727 | €166,733 | +€85,006 | +104% |
| Equity | 10/15 | -€322,254 | -€314,003 | +€8,252 | +2.6% |
| Contributions | 10/11 | €606,500 | €606,500 | = | 0.0% |
| Capital | 10 | €606,500 | €606,500 | = | 0.0% |
| Issued capital | 100 | €606,500 | €606,500 | = | 0.0% |
| Reserves | 13 | €67,244 | €67,244 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,123 | €4,123 | = | 0.0% |
| Legal reserve | 130 | €4,123 | €4,123 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €6,870 | €6,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€995,998 | -€987,746 | +€8,252 | +0.8% |
| Amounts payable | 17/49 | €403,981 | €480,736 | +€76,754 | +19.0% |
| Amounts payable within one year | 42/48 | €403,981 | €480,736 | +€76,754 | +19.0% |
| Financial debts | 43 | €303,701 | €378,488 | +€74,787 | +24.6% |
| Other loans | 439 | €303,701 | €378,488 | +€74,787 | +24.6% |
| Trade debts | 44 | €100,280 | €100,785 | +€505 | +0.5% |
| Suppliers | 440/4 | €100,280 | €100,785 | +€505 | +0.5% |
| Taxes, remuneration and social security | 45 | - | €1,462 | +€1,462 | |
| Taxes | 450/3 | - | €1,462 | +€1,462 | |
| Non-recurring operating income | 76A | €19,340 | - | -€19,340 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,924 | €2,677 | -€3,246 | -54.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€24 | -€24 | |
| Other operating charges | 640/8 | €1,161 | €1,193 | +€33 | +2.8% |
| Gross operating margin | 9900 | €83,734 | €20,224 | -€63,510 | -75.8% |
| Operating profit (loss) | 9901 | €82,573 | €19,055 | -€63,519 | -76.9% |
| Financial income | 75/76B | €5,418 | - | -€5,418 | |
| Recurring financial income | 75 | €5,418 | - | -€5,418 | |
| Financial charges | 65/66B | €24,833 | €9,341 | -€15,492 | -62.4% |
| Recurring financial charges | 65 | €24,833 | €9,341 | -€15,492 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €63,158 | €9,714 | -€53,444 | -84.6% |
| Income taxes | 67/77 | €0 | €1,462 | +€1,462 | +14,622,800% |
| Profit (loss) for the period | 9904 | €63,158 | €8,252 | -€54,907 | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,158 | €8,252 | -€54,907 | -86.9% |
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 24 October 2026 via checked.be.