DR R PIOT: 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.
DR R PIOT
Largest movements
- Cash -€9,026
down €9,026 (-8.9%), from €100,846 to €91,820
mainly Trade debts (-€14,098) and Net result for the year (-€9,464)
- Tangible fixed assets -€8,662
down €8,662 (-50.5%), from €17,151 to €8,489
of which Plant, machinery and equipment: -€7,357
- Receivables within one year -€5,035
down €5,035 (-100%), from €5,035 to €0
- Deferred charges and accrued income -€2,294
down €2,294 (-100%), from €2,294 to €0
- Trade debts -€14,098
down €14,098 (-94.4%), from €14,937 to €839
- Profit (loss) carried forward -€9,464
down €9,464 (-92.9%), from -€10,191 to -€19,655
- Tax, wage and social debts +€4,819
new in 2025: €4,819
- Other debts -€3,381
down €3,381 (-4.4%), from €76,412 to €73,031
- Accrued charges and deferred income -€2,893
down €2,893 (-100%), from €2,893 to €0
- Turnover -€158,307
no longer reported in 2025 (was €158,307)
- Purchases and services -€119,628
no longer reported in 2025 (was €119,628)
- Gross operating margin -€30,193
down €30,193 (-78.1%), from €38,679 to €8,486
- Taxes +€6,667
up €6,667 (+986%), from €676 to €7,343
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 | €125,326 | €100,309 | -€25,017 | -20.0% |
| Fixed assets | 21/28 | €17,151 | €8,489 | -€8,662 | -50.5% |
| Tangible fixed assets | 22/27 | €17,151 | €8,489 | -€8,662 | -50.5% |
| Plant, machinery and equipment | 23 | €15,572 | €8,215 | -€7,357 | -47.2% |
| Furniture and vehicles | 24 | €1,579 | €138 | -€1,441 | -91.2% |
| Leasing and similar rights | 25 | - | €135 | +€135 | |
| Current assets | 29/58 | €108,175 | €91,820 | -€16,355 | -15.1% |
| Amounts receivable within one year | 40/41 | €5,035 | €0 | -€5,035 | -100% |
| Other amounts receivable | 41 | €5,035 | €0 | -€5,035 | -100% |
| Cash at bank and in hand | 54/58 | €100,846 | €91,820 | -€9,026 | -8.9% |
| Deferred charges and accrued income | 490/1 | €2,294 | €0 | -€2,294 | -100% |
| Total equity and liabilities | 10/49 | €125,326 | €100,309 | -€25,017 | -20.0% |
| Equity | 10/15 | €31,084 | €21,620 | -€9,464 | -30.4% |
| Contributions | 10/11 | €39,400 | €39,400 | = | 0.0% |
| Capital | 10 | €39,400 | - | -€39,400 | |
| Issued capital | 100 | €45,750 | - | -€45,750 | |
| Uncalled capital | 101 | €6,350 | - | -€6,350 | |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Legal reserve | 130 | €1,875 | - | -€1,875 | |
| Other | 1319 | - | €1,875 | +€1,875 | |
| Profit (loss) carried forward | 14 | -€10,191 | -€19,655 | -€9,464 | -92.9% |
| Amounts payable | 17/49 | €94,242 | €78,689 | -€15,553 | -16.5% |
| Amounts payable within one year | 42/48 | €91,349 | €78,689 | -€12,660 | -13.9% |
| Trade debts | 44 | €14,937 | €839 | -€14,098 | -94.4% |
| Suppliers | 440/4 | €14,937 | €839 | -€14,098 | -94.4% |
| Taxes, remuneration and social security | 45 | - | €4,819 | +€4,819 | |
| Taxes | 450/3 | - | €4,819 | +€4,819 | |
| Other amounts payable | 47/48 | €76,412 | €73,031 | -€3,381 | -4.4% |
| Accrued charges and deferred income | 492/3 | €2,893 | €0 | -€2,893 | -100% |
| Turnover | 70 | €158,307 | - | -€158,307 | |
| Goods, raw materials, services and sundry goods | 60/61 | €119,628 | - | -€119,628 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,609 | €8,662 | -€947 | -9.9% |
| Other operating charges | 640/8 | €1,238 | €1,741 | +€503 | +40.7% |
| Gross operating margin | 9900 | €38,679 | €8,486 | -€30,193 | -78.1% |
| Operating profit (loss) | 9901 | €27,832 | -€1,918 | -€29,750 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €441 | €206 | -€235 | -53.3% |
| Recurring financial charges | 65 | €441 | €206 | -€235 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €27,391 | -€2,121 | -€29,512 | |
| Income taxes | 67/77 | €676 | €7,343 | +€6,667 | +986% |
| Profit (loss) for the period | 9904 | €26,715 | -€9,464 | -€36,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,715 | -€9,464 | -€36,179 |
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 14 October 2026 via checked.be.