HOLDING PIRET L: 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.
HOLDING PIRET L
Largest movements
- Receivables within one year +€9,257
up €9,257 (+100%), from €9,257 to €18,513
- Profit (loss) carried forward +€21,437
up €21,437 (+157%), from €13,672 to €35,109
- Debts after one year -€11,674
down €11,674 (-16.8%), from €69,537 to €57,863
- Tax, wage and social debts +€3,773
up €3,773 (+38.4%), from €9,822 to €13,594
- Trade debts -€2,636
down €2,636 (-93.7%), from €2,814 to €178
- Gross operating margin +€10,275
up €10,275 (+46.0%), from €22,352 to €32,627
- Taxes +€1,014
up €1,014 (+20.1%), from €5,048 to €6,063
- Financial charges +€733
up €733 (+23.2%), from €3,162 to €3,894
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 | €141,804 | €152,994 | +€11,190 | +7.9% |
| Fixed assets | 21/28 | €117,363 | €117,363 | = | 0.0% |
| Financial fixed assets | 28 | €117,363 | €117,363 | = | 0.0% |
| Current assets | 29/58 | €24,441 | €35,631 | +€11,190 | +45.8% |
| Amounts receivable within one year | 40/41 | €9,257 | €18,513 | +€9,257 | +100% |
| Trade receivables | 40 | €9,257 | €18,513 | +€9,257 | +100% |
| Cash at bank and in hand | 54/58 | €15,184 | €16,618 | +€1,434 | +9.4% |
| Deferred charges and accrued income | 490/1 | - | €500 | +€500 | |
| Total equity and liabilities | 10/49 | €141,804 | €152,994 | +€11,190 | +7.9% |
| Equity | 10/15 | €23,672 | €45,109 | +€21,437 | +90.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,672 | €35,109 | +€21,437 | +157% |
| Amounts payable | 17/49 | €118,132 | €107,885 | -€10,247 | -8.7% |
| Amounts payable after more than one year | 17 | €69,537 | €57,863 | -€11,674 | -16.8% |
| Financial debts | 170/4 | €69,537 | €57,863 | -€11,674 | -16.8% |
| Amounts payable within one year | 42/48 | €47,344 | €49,719 | +€2,376 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €11,108 | €12,621 | +€1,513 | +13.6% |
| Trade debts | 44 | €2,814 | €178 | -€2,636 | -93.7% |
| Suppliers | 440/4 | €2,814 | €178 | -€2,636 | -93.7% |
| Taxes, remuneration and social security | 45 | €9,822 | €13,594 | +€3,773 | +38.4% |
| Taxes | 450/3 | €9,822 | €13,594 | +€3,773 | +38.4% |
| Other amounts payable | 47/48 | €23,600 | €23,326 | -€274 | -1.2% |
| Accrued charges and deferred income | 492/3 | €1,251 | €302 | -€948 | -75.8% |
| Other operating charges | 640/8 | €470 | €400 | -€70 | -14.9% |
| Gross operating margin | 9900 | €22,352 | €32,627 | +€10,275 | +46.0% |
| Operating profit (loss) | 9901 | €21,882 | €32,227 | +€10,345 | +47.3% |
| Financial charges | 65/66B | €3,162 | €3,894 | +€733 | +23.2% |
| Recurring financial charges | 65 | €3,162 | €3,894 | +€733 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €18,721 | €28,333 | +€9,612 | +51.3% |
| Income taxes | 67/77 | €5,048 | €6,063 | +€1,014 | +20.1% |
| Profit (loss) for the period | 9904 | €13,672 | €22,270 | +€8,598 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,672 | €22,270 | +€8,598 | +62.9% |
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 28 October 2026 via checked.be.