EURO PIERRES: 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.
EURO PIERRES
Largest movements
- Cash -€334,890
down €334,890 (-85.3%), from €392,681 to €57,791
mainly Trade debts (-€481,989) and Tax, wage and social debts (-€59,050)
- Receivables within one year -€171,218
down €171,218 (-56.0%), from €305,729 to €134,511
of which Trade receivables: -€202,511
- Trade debts -€481,989
down €481,989 (-91.3%), from €527,690 to €45,701
- Tax, wage and social debts -€59,050
down €59,050 (-51.1%), from €115,521 to €56,471
of which Taxes: -€59,050
- Reserves +€49,645
up €49,645 (+43.5%), from €114,237 to €163,882
of which Distributable reserves: +€49,645
- Other debts -€11,853
no longer reported in 2025 (was €11,853)
- Gross operating margin -€13,873
down €13,873 (-12.7%), from €109,504 to €95,631
- Staff costs -€9,156
no longer reported in 2025 (was €9,156)
- Depreciation +€7,719
up €7,719 (+67.0%), from €11,517 to €19,236
- Taxes +€6,114
up €6,114 (+36.0%), from €16,996 to €23,110
- Financial charges -€4,150
down €4,150 (-55.2%), from €7,522 to €3,372
of which Financial charges: -€4,150
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 | €772,301 | €269,054 | -€503,247 | -65.2% |
| Fixed assets | 21/28 | €67,939 | €67,305 | -€634 | -0.9% |
| Tangible fixed assets | 22/27 | €67,939 | €67,305 | -€634 | -0.9% |
| Land and buildings | 22 | - | €18,000 | +€18,000 | |
| Plant, machinery and equipment | 23 | €10,736 | €6,287 | -€4,449 | -41.4% |
| Furniture and vehicles | 24 | €57,203 | €43,018 | -€14,185 | -24.8% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €704,362 | €201,749 | -€502,613 | -71.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €2,880 | €4,880 | +€2,000 | +69.4% |
| Stocks | 30/36 | €2,880 | €4,880 | +€2,000 | +69.4% |
| Amounts receivable within one year | 40/41 | €305,729 | €134,511 | -€171,218 | -56.0% |
| Trade receivables | 40 | €301,148 | €98,637 | -€202,511 | -67.2% |
| Other amounts receivable | 41 | €4,581 | €35,874 | +€31,293 | +683% |
| Cash at bank and in hand | 54/58 | €392,681 | €57,791 | -€334,890 | -85.3% |
| Deferred charges and accrued income | 490/1 | €3,072 | €4,567 | +€1,495 | +48.7% |
| Total equity and liabilities | 10/49 | €772,301 | €269,054 | -€503,247 | -65.2% |
| Equity | 10/15 | €117,237 | €166,882 | +€49,645 | +42.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €114,237 | €163,882 | +€49,645 | +43.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €114,237 | €163,882 | +€49,645 | +43.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €655,064 | €102,172 | -€552,892 | -84.4% |
| Amounts payable within one year | 42/48 | €655,064 | €102,172 | -€552,892 | -84.4% |
| Trade debts | 44 | €527,690 | €45,701 | -€481,989 | -91.3% |
| Suppliers | 440/4 | €527,690 | €45,701 | -€481,989 | -91.3% |
| Taxes, remuneration and social security | 45 | €115,521 | €56,471 | -€59,050 | -51.1% |
| Taxes | 450/3 | €115,521 | €56,471 | -€59,050 | -51.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,853 | - | -€11,853 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €9,156 | - | -€9,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,517 | €19,236 | +€7,719 | +67.0% |
| Other operating charges | 640/8 | €2,794 | €322 | -€2,472 | -88.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €109,504 | €95,631 | -€13,873 | -12.7% |
| Operating profit (loss) | 9901 | €86,037 | €76,073 | -€9,964 | -11.6% |
| Financial income | 75/76B | €10 | €54 | +€44 | +440% |
| Recurring financial income | 75 | €10 | €54 | +€44 | +440% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,522 | €3,372 | -€4,150 | -55.2% |
| Recurring financial charges | 65 | €7,522 | €3,372 | -€4,150 | -55.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €78,525 | €72,755 | -€5,770 | -7.3% |
| Income taxes | 67/77 | €16,996 | €23,110 | +€6,114 | +36.0% |
| Profit (loss) for the period | 9904 | €61,529 | €49,645 | -€11,884 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,529 | €49,645 | -€11,884 | -19.3% |
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 27 October 2026 via checked.be.