COPY SAINT PIERRE: 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.
COPY SAINT PIERRE
Largest movements
- Cash -€15,966
down €15,966 (-54.8%), from €29,142 to €13,176
mainly Net result for the year (-€23,558) and Investment in fixed assets (net) (-€11,434)
- Receivables within one year -€7,587
down €7,587 (-34.6%), from €21,946 to €14,359
of which Trade receivables: -€6,903
- Tangible fixed assets -€7,099
down €7,099 (-21.4%), from €33,142 to €26,043
of which Furniture and vehicles: -€9,087
- Profit (loss) carried forward -€23,558
down €23,558 (-33.3%), from €70,726 to €47,168
- Debts after one year -€2,851
down €2,851 (-100%), from €2,851 to €0
- Other debts -€2,524
down €2,524 (-70.8%), from €3,564 to €1,040
- Current portion of long-term debt -€1,946
down €1,946 (-40.6%), from €4,797 to €2,851
- Gross operating margin -€35,655
down €35,655, from €32,472 to -€3,183
- Taxes -€3,461
down €3,461 (-94.5%), from €3,660 to €200
- Depreciation +€1,731
up €1,731 (+10.3%), from €16,801 to €18,532
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 | €110,655 | €80,065 | -€30,590 | -27.6% |
| Fixed assets | 21/28 | €34,942 | €27,843 | -€7,099 | -20.3% |
| Tangible fixed assets | 22/27 | €33,142 | €26,043 | -€7,099 | -21.4% |
| Plant, machinery and equipment | 23 | €4,176 | €6,165 | +€1,989 | +47.6% |
| Furniture and vehicles | 24 | €28,966 | €19,878 | -€9,087 | -31.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €75,713 | €52,222 | -€23,491 | -31.0% |
| Stocks and contracts in progress | 3 | €12,609 | €12,539 | -€70 | -0.6% |
| Stocks | 30/36 | €12,609 | €12,539 | -€70 | -0.6% |
| Amounts receivable within one year | 40/41 | €21,946 | €14,359 | -€7,587 | -34.6% |
| Trade receivables | 40 | €19,866 | €12,963 | -€6,903 | -34.7% |
| Other amounts receivable | 41 | €2,080 | €1,396 | -€684 | -32.9% |
| Current investments | 50/53 | €10,054 | €10,106 | +€52 | +0.5% |
| Cash at bank and in hand | 54/58 | €29,142 | €13,176 | -€15,966 | -54.8% |
| Deferred charges and accrued income | 490/1 | €1,963 | €2,042 | +€79 | +4.0% |
| Total equity and liabilities | 10/49 | €110,655 | €80,065 | -€30,590 | -27.6% |
| Equity | 10/15 | €92,918 | €69,360 | -€23,558 | -25.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,600 | €3,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,450 | €2,450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,450 | €2,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,150 | €1,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,726 | €47,168 | -€23,558 | -33.3% |
| Amounts payable | 17/49 | €17,737 | €10,705 | -€7,033 | -39.6% |
| Amounts payable after more than one year | 17 | €2,851 | €0 | -€2,851 | -100% |
| Financial debts | 170/4 | €2,851 | €0 | -€2,851 | -100% |
| Amounts payable within one year | 42/48 | €14,887 | €10,670 | -€4,216 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €4,797 | €2,851 | -€1,946 | -40.6% |
| Trade debts | 44 | €6,526 | €6,479 | -€47 | -0.7% |
| Suppliers | 440/4 | €6,526 | €6,479 | -€47 | -0.7% |
| Advances received on contracts in progress | 46 | - | €100 | +€100 | |
| Taxes, remuneration and social security | 45 | €0 | €200 | +€200 | |
| Taxes | 450/3 | €0 | €200 | +€200 | |
| Other amounts payable | 47/48 | €3,564 | €1,040 | -€2,524 | -70.8% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Remuneration, social security and pensions | 62 | €163 | €170 | +€7 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,801 | €18,532 | +€1,731 | +10.3% |
| Other operating charges | 640/8 | €1,015 | €802 | -€214 | -21.0% |
| Gross operating margin | 9900 | €32,472 | -€3,183 | -€35,655 | |
| Operating profit (loss) | 9901 | €14,493 | -€22,687 | -€37,180 | |
| Financial income | 75/76B | €53 | €89 | +€36 | +66.8% |
| Recurring financial income | 75 | €53 | €89 | +€36 | +66.8% |
| Financial charges | 65/66B | €968 | €760 | -€208 | -21.5% |
| Recurring financial charges | 65 | €968 | €760 | -€208 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €13,578 | -€23,358 | -€36,936 | |
| Income taxes | 67/77 | €3,660 | €200 | -€3,461 | -94.5% |
| Profit (loss) for the period | 9904 | €9,918 | -€23,558 | -€33,475 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,918 | -€23,558 | -€33,475 |
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 19 October 2026 via checked.be.