HOLDING PIRON: 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 PIRON
Largest movements
- Deferred charges and accrued income -€7,938
no longer reported in 2025 (was €7,938)
- Cash +€6,877
up €6,877 (+312%), from €2,205 to €9,082
mainly Other debts (+€12,396) and Net result for the year (+€11,536)
- Debts after one year -€25,290
down €25,290 (-32.9%), from €76,772 to €51,483
- Other debts +€12,396
up €12,396 (+82,641%), from €15 to €12,411
- Profit (loss) carried forward +€11,536
up €11,536 (+3.2%), from €358,363 to €369,899
- Financial income -€14,831
down €14,831 (-50.1%), from €29,615 to €14,784
- Gross operating margin -€678
down €678 (-65.1%), from -€1,041 to -€1,718
- Purchases and services +€678
up €678 (+65.1%), from €1,041 to €1,718
- Financial charges -€293
down €293 (-20.6%), from €1,423 to €1,130
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 | €510,143 | €509,082 | -€1,061 | -0.2% |
| Fixed assets | 21/28 | €500,000 | €500,000 | = | 0.0% |
| Intangible fixed assets | 21 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €10,143 | €9,082 | -€1,061 | -10.5% |
| Cash at bank and in hand | 54/58 | €2,205 | €9,082 | +€6,877 | +312% |
| Deferred charges and accrued income | 490/1 | €7,938 | - | -€7,938 | |
| Total equity and liabilities | 10/49 | €510,143 | €509,082 | -€1,061 | -0.2% |
| Equity | 10/15 | €408,363 | €419,899 | +€11,536 | +2.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €358,363 | €369,899 | +€11,536 | +3.2% |
| Amounts payable | 17/49 | €101,780 | €89,183 | -€12,597 | -12.4% |
| Amounts payable after more than one year | 17 | €76,772 | €51,483 | -€25,290 | -32.9% |
| Financial debts | 170/4 | €76,772 | €51,483 | -€25,290 | -32.9% |
| Amounts payable within one year | 42/48 | €25,008 | €37,701 | +€12,693 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €24,993 | €25,290 | +€297 | +1.2% |
| Other amounts payable | 47/48 | €15 | €12,411 | +€12,396 | +82,641% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,041 | €1,718 | +€678 | +65.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,041 | -€1,718 | -€678 | -65.1% |
| Operating profit (loss) | 9901 | -€1,428 | -€2,118 | -€690 | -48.3% |
| Financial income | 75/76B | €29,615 | €14,784 | -€14,831 | -50.1% |
| Recurring financial income | 75 | €29,615 | €14,784 | -€14,831 | -50.1% |
| Financial charges | 65/66B | €1,423 | €1,130 | -€293 | -20.6% |
| Recurring financial charges | 65 | €1,423 | €1,130 | -€293 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €26,764 | €11,536 | -€15,228 | -56.9% |
| Profit (loss) for the period | 9904 | €26,764 | €11,536 | -€15,228 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,764 | €11,536 | -€15,228 | -56.9% |
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 26 October 2026 via checked.be.