GUY PIESSENS INTERIEUR: 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.
GUY PIESSENS INTERIEUR
Largest movements
- Cash +€21,579
up €21,579 (+265%), from €8,145 to €29,724
mainly Trade debts (+€14,700) and Current investments (+€12,746)
- Current investments -€12,746
down €12,746 (-27.9%), from €45,699 to €32,953
- Receivables within one year +€12,434
up €12,434 (+32.2%), from €38,591 to €51,025
of which Trade receivables: +€7,463
- Stocks and contracts -€7,351
down €7,351 (-33.9%), from €21,709 to €14,358
of which Stocks: -€7,351
- Tangible fixed assets -€4,858
down €4,858 (-9.5%), from €51,226 to €46,368
of which Plant, machinery and equipment: -€3,686
- Trade debts +€14,700
up €14,700 (+96.4%), from €15,250 to €29,950
- Reserves +€8,486
up €8,486 (+8.3%), from €101,906 to €110,392
- Debts after one year -€6,572
down €6,572 (-25.1%), from €26,173 to €19,601
- Other debts -€4,780
down €4,780 (-100%), from €4,780 to €0
- Tax, wage and social debts -€2,267
down €2,267 (-51.7%), from €4,382 to €2,115
- Gross operating margin -€6,626
down €6,626 (-21.6%), from €30,720 to €24,093
- Taxes -€1,220
down €1,220 (-23.8%), from €5,130 to €3,910
- Depreciation +€620
up €620 (+8.4%), from €7,366 to €7,986
- Staff costs +€383
up €383, from €0 to €383
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 | €168,046 | €177,331 | +€9,285 | +5.5% |
| Fixed assets | 21/28 | €51,226 | €46,368 | -€4,858 | -9.5% |
| Tangible fixed assets | 22/27 | €51,226 | €46,368 | -€4,858 | -9.5% |
| Land and buildings | 22 | €3,516 | €2,344 | -€1,172 | -33.3% |
| Plant, machinery and equipment | 23 | €47,710 | €44,024 | -€3,686 | -7.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €116,820 | €130,963 | +€14,143 | +12.1% |
| Stocks and contracts in progress | 3 | €21,709 | €14,358 | -€7,351 | -33.9% |
| Stocks | 30/36 | €21,709 | €14,358 | -€7,351 | -33.9% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €38,591 | €51,025 | +€12,434 | +32.2% |
| Trade receivables | 40 | €31,634 | €39,097 | +€7,463 | +23.6% |
| Other amounts receivable | 41 | €6,957 | €11,928 | +€4,971 | +71.5% |
| Current investments | 50/53 | €45,699 | €32,953 | -€12,746 | -27.9% |
| Cash at bank and in hand | 54/58 | €8,145 | €29,724 | +€21,579 | +265% |
| Deferred charges and accrued income | 490/1 | €2,676 | €2,903 | +€227 | +8.5% |
| Total equity and liabilities | 10/49 | €168,046 | €177,331 | +€9,285 | +5.5% |
| Equity | 10/15 | €108,106 | €116,592 | +€8,486 | +7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,906 | €110,392 | +€8,486 | +8.3% |
| Distributable reserves | 133 | €101,906 | €110,392 | +€8,486 | +8.3% |
| Amounts payable | 17/49 | €59,940 | €60,738 | +€798 | +1.3% |
| Amounts payable after more than one year | 17 | €26,173 | €19,601 | -€6,572 | -25.1% |
| Financial debts | 170/4 | €26,173 | €19,601 | -€6,572 | -25.1% |
| Amounts payable within one year | 42/48 | €33,208 | €41,138 | +€7,930 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €6,295 | €6,572 | +€277 | +4.4% |
| Financial debts | 43 | €2,500 | €2,500 | = | 0.0% |
| Credit institutions | 430/8 | €2,500 | €2,500 | = | 0.0% |
| Trade debts | 44 | €15,250 | €29,950 | +€14,700 | +96.4% |
| Suppliers | 440/4 | €15,250 | €29,950 | +€14,700 | +96.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,382 | €2,115 | -€2,267 | -51.7% |
| Taxes | 450/3 | €4,382 | €2,115 | -€2,267 | -51.7% |
| Other amounts payable | 47/48 | €4,780 | €0 | -€4,780 | -100% |
| Accrued charges and deferred income | 492/3 | €560 | €0 | -€560 | -100% |
| Non-recurring operating income | 76A | €7,000 | €0 | -€7,000 | -100% |
| Remuneration, social security and pensions | 62 | €0 | €383 | +€383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,366 | €7,986 | +€620 | +8.4% |
| Other operating charges | 640/8 | €1,255 | €1,405 | +€150 | +11.9% |
| Gross operating margin | 9900 | €30,720 | €24,093 | -€6,626 | -21.6% |
| Operating profit (loss) | 9901 | €22,099 | €14,320 | -€7,779 | -35.2% |
| Financial income | 75/76B | €604 | €843 | +€238 | +39.5% |
| Recurring financial income | 75 | €604 | €843 | +€238 | +39.5% |
| Financial charges | 65/66B | €2,691 | €2,766 | +€75 | +2.8% |
| Recurring financial charges | 65 | €2,691 | €2,766 | +€75 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €20,012 | €12,396 | -€7,615 | -38.1% |
| Income taxes | 67/77 | €5,130 | €3,910 | -€1,220 | -23.8% |
| Profit (loss) for the period | 9904 | €14,881 | €8,486 | -€6,395 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,881 | €8,486 | -€6,395 | -43.0% |
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 26 October 2026 via checked.be.