Baptiste PIROTTE SRL: what changed
Baptiste PIROTTE SRL
Largest movements
- Intangible fixed assets -€50,504
down €50,504 (-31.8%), from €158,990 to €108,485
- Cash -€28,264
down €28,264 (-54.5%), from €51,905 to €23,641
mainly Trade debts (-€58,736) and Debts after one year (-€51,991)
- Receivables within one year -€27,721
down €27,721 (-32.8%), from €84,515 to €56,795
of which Trade receivables: -€27,564
- Tangible fixed assets -€21,677
down €21,677 (-71.3%), from €30,391 to €8,714
of which Other tangible fixed assets: -€23,837
- Trade debts -€58,736
down €58,736 (-82.5%), from €71,208 to €12,471
- Debts after one year -€51,991
down €51,991 (-47.7%), from €108,994 to €57,004
- Profit (loss) carried forward -€29,301
down €29,301 (-69.1%), from €42,427 to €13,126
- Tax, wage and social debts +€9,838
up €9,838 (+17.8%), from €55,183 to €65,021
of which Remuneration and social security: +€7,024
- Staff costs +€38,349
up €38,349 (+14.4%), from €266,923 to €305,272
- Gross operating margin -€37,999
down €37,999 (-9.4%), from €405,882 to €367,883
- Taxes -€21,241
down €21,241 (-96.9%), from €21,929 to €687
- Financial charges +€4,654
up €4,654 (+116%), from €4,005 to €8,658
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 | €332,503 | €203,450 | -€129,053 | -38.8% |
| Fixed assets | 21/28 | €189,381 | €117,200 | -€72,181 | -38.1% |
| Intangible fixed assets | 21 | €158,990 | €108,485 | -€50,504 | -31.8% |
| Tangible fixed assets | 22/27 | €30,391 | €8,714 | -€21,677 | -71.3% |
| Plant, machinery and equipment | 23 | €2,193 | €1,593 | -€600 | -27.4% |
| Furniture and vehicles | 24 | €739 | €3,499 | +€2,760 | +373% |
| Other tangible fixed assets | 26 | €27,459 | €3,622 | -€23,837 | -86.8% |
| Current assets | 29/58 | €143,122 | €86,251 | -€56,871 | -39.7% |
| Amounts receivable within one year | 40/41 | €84,515 | €56,795 | -€27,721 | -32.8% |
| Trade receivables | 40 | €84,358 | €56,795 | -€27,564 | -32.7% |
| Other amounts receivable | 41 | €157 | - | -€157 | |
| Cash at bank and in hand | 54/58 | €51,905 | €23,641 | -€28,264 | -54.5% |
| Deferred charges and accrued income | 490/1 | €6,701 | €5,815 | -€886 | -13.2% |
| Total equity and liabilities | 10/49 | €332,503 | €203,450 | -€129,053 | -38.8% |
| Equity | 10/15 | €43,427 | €14,126 | -€29,301 | -67.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,427 | €13,126 | -€29,301 | -69.1% |
| Amounts payable | 17/49 | €289,076 | €189,325 | -€99,751 | -34.5% |
| Amounts payable after more than one year | 17 | €108,994 | €57,004 | -€51,991 | -47.7% |
| Financial debts | 170/4 | €108,994 | €57,004 | -€51,991 | -47.7% |
| Amounts payable within one year | 42/48 | €178,099 | €130,112 | -€47,987 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €51,394 | €51,991 | +€596 | +1.2% |
| Trade debts | 44 | €71,208 | €12,471 | -€58,736 | -82.5% |
| Suppliers | 440/4 | €71,208 | €12,471 | -€58,736 | -82.5% |
| Taxes, remuneration and social security | 45 | €55,183 | €65,021 | +€9,838 | +17.8% |
| Taxes | 450/3 | €7,324 | €10,137 | +€2,814 | +38.4% |
| Remuneration and social security | 454/9 | €47,859 | €54,883 | +€7,024 | +14.7% |
| Other amounts payable | 47/48 | €315 | €629 | +€315 | +100% |
| Accrued charges and deferred income | 492/3 | €1,982 | €2,209 | +€227 | +11.4% |
| Remuneration, social security and pensions | 62 | €266,923 | €305,272 | +€38,349 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,572 | €76,856 | +€1,283 | +1.7% |
| Other operating charges | 640/8 | €5,655 | €5,730 | +€76 | +1.3% |
| Gross operating margin | 9900 | €405,882 | €367,883 | -€37,999 | -9.4% |
| Operating profit (loss) | 9901 | €57,732 | -€19,975 | -€77,707 | |
| Financial income | 75/76B | €74 | €19 | -€55 | -74.6% |
| Recurring financial income | 75 | €74 | €19 | -€55 | -74.6% |
| Financial charges | 65/66B | €4,005 | €8,658 | +€4,654 | +116% |
| Recurring financial charges | 65 | €4,005 | €8,658 | +€4,654 | +116% |
| Profit (loss) for the period before taxes | 9903 | €53,801 | -€28,614 | -€82,415 | |
| Income taxes | 67/77 | €21,929 | €687 | -€21,241 | -96.9% |
| Profit (loss) for the period | 9904 | €31,873 | -€29,301 | -€61,174 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,873 | -€29,301 | -€61,174 |
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 7 November 2026 via checked.be.