ANN PIRON CREATION: what changed
ANN PIRON CREATION
Largest movements
- Tangible fixed assets +€39,178
up €39,178 (+299%), from €13,122 to €52,300
of which Furniture and vehicles: +€41,325
- Cash -€9,120
down €9,120 (-28.6%), from €31,888 to €22,769
mainly Contributions, distributions and other (-€48,292) and Investment in fixed assets (net) (-€48,183)
- Stocks and contracts -€7,853
down €7,853 (-13.7%), from €57,245 to €49,392
- Receivables within one year +€2,696
up €2,696 (+13.7%), from €19,693 to €22,388
of which Other amounts receivable: +€4,767
- Profit (loss) carried forward -€44,089
down €44,089 (-76.0%), from €58,009 to €13,919
- Debts after one year +€30,674
new in 2025: €30,674
- Other debts +€29,626
up €29,626 (+259%), from €11,423 to €41,048
- Current portion of long-term debt +€7,851
new in 2025: €7,851
- Trade debts -€5,464
down €5,464 (-48.5%), from €11,275 to €5,811
- Gross operating margin -€9,146
down €9,146 (-15.8%), from €57,867 to €48,721
- Taxes -€4,858
down €4,858 (-77.3%), from €6,282 to €1,423
- Depreciation +€3,842
up €3,842 (+74.4%), from €5,163 to €9,005
- Financial charges +€608
up €608 (+97.4%), from €624 to €1,231
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,015 | €147,463 | +€23,448 | +18.9% |
| Fixed assets | 21/28 | €13,122 | €52,300 | +€39,178 | +299% |
| Tangible fixed assets | 22/27 | €13,122 | €52,300 | +€39,178 | +299% |
| Plant, machinery and equipment | 23 | €10,915 | €8,769 | -€2,146 | -19.7% |
| Furniture and vehicles | 24 | €2,207 | €43,531 | +€41,325 | +1,873% |
| Current assets | 29/58 | €110,893 | €95,162 | -€15,730 | -14.2% |
| Stocks and contracts in progress | 3 | €57,245 | €49,392 | -€7,853 | -13.7% |
| Stocks | 30/36 | €57,245 | €49,392 | -€7,853 | -13.7% |
| Amounts receivable within one year | 40/41 | €19,693 | €22,388 | +€2,696 | +13.7% |
| Trade receivables | 40 | €5,116 | €3,045 | -€2,071 | -40.5% |
| Other amounts receivable | 41 | €14,576 | €19,343 | +€4,767 | +32.7% |
| Cash at bank and in hand | 54/58 | €31,888 | €22,769 | -€9,120 | -28.6% |
| Deferred charges and accrued income | 490/1 | €2,067 | €614 | -€1,454 | -70.3% |
| Total equity and liabilities | 10/49 | €124,015 | €147,463 | +€23,448 | +18.9% |
| Equity | 10/15 | €95,464 | €51,375 | -€44,089 | -46.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,855 | €18,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €829 | €829 | = | 0.0% |
| Reserves not available under the articles | 1311 | €829 | €829 | = | 0.0% |
| Distributable reserves | 133 | €18,026 | €18,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,009 | €13,919 | -€44,089 | -76.0% |
| Amounts payable | 17/49 | €28,551 | €96,088 | +€67,537 | +237% |
| Amounts payable after more than one year | 17 | - | €30,674 | +€30,674 | |
| Financial debts | 170/4 | - | €30,674 | +€30,674 | |
| Amounts payable within one year | 42/48 | €28,551 | €65,414 | +€36,863 | +129% |
| Current portion of amounts payable after more than one year | 42 | - | €7,851 | +€7,851 | |
| Trade debts | 44 | €11,275 | €5,811 | -€5,464 | -48.5% |
| Suppliers | 440/4 | €11,275 | €5,811 | -€5,464 | -48.5% |
| Taxes, remuneration and social security | 45 | €5,854 | €10,704 | +€4,851 | +82.9% |
| Taxes | 450/3 | €3,000 | €8,340 | +€5,340 | +178% |
| Remuneration and social security | 454/9 | €2,854 | €2,365 | -€489 | -17.1% |
| Other amounts payable | 47/48 | €11,423 | €41,048 | +€29,626 | +259% |
| Remuneration, social security and pensions | 62 | €31,536 | €31,611 | +€75 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,163 | €9,005 | +€3,842 | +74.4% |
| Other operating charges | 640/8 | €1,024 | €1,248 | +€223 | +21.8% |
| Gross operating margin | 9900 | €57,867 | €48,721 | -€9,146 | -15.8% |
| Operating profit (loss) | 9901 | €20,144 | €6,858 | -€13,286 | -66.0% |
| Financial charges | 65/66B | €624 | €1,231 | +€608 | +97.4% |
| Recurring financial charges | 65 | €624 | €1,231 | +€608 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €19,520 | €5,626 | -€13,894 | -71.2% |
| Income taxes | 67/77 | €6,282 | €1,423 | -€4,858 | -77.3% |
| Profit (loss) for the period | 9904 | €13,239 | €4,203 | -€9,035 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,239 | €4,203 | -€9,035 | -68.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.