Jacques PIRLOT: 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.
Jacques PIRLOT
Largest movements
- Stocks and contracts +€1.3m
up €1.3m (+564%), from €239,432 to €1.6m
- Receivables within one year -€1.1m
down €1.1m (-95.9%), from €1.1m to €45,790
of which Trade receivables: -€1.0m
- Tangible fixed assets +€101,452
up €101,452 (+266%), from €38,169 to €139,621
of which Plant, machinery and equipment: +€105,078
- Trade debts +€586,438
up €586,438 (+73.4%), from €798,619 to €1.4m
- Tax, wage and social debts -€215,419
down €215,419 (-49.2%), from €437,447 to €222,028
of which Remuneration and social security: -€114,715
- Turnover -€1.3m
down €1.3m (-42.7%), from €3.1m to €1.8m
- Depreciation +€35,168
up €35,168 (+157%), from €22,383 to €57,551
- Purchases and services -€33,968
down €33,968 (-2.6%), from €1.3m to €1.3m
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 | €1,443,494 | €1,820,365 | +€376,871 | +26.1% |
| Fixed assets | 21/28 | €38,194 | €139,646 | +€101,452 | +266% |
| Tangible fixed assets | 22/27 | €38,169 | €139,621 | +€101,452 | +266% |
| Land and buildings | 22 | €18,498 | - | -€18,498 | |
| Plant, machinery and equipment | 23 | - | €105,078 | +€105,078 | |
| Furniture and vehicles | 24 | €19,671 | €34,543 | +€14,872 | +75.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,405,300 | €1,680,719 | +€275,419 | +19.6% |
| Stocks and contracts in progress | 3 | €239,432 | €1,589,359 | +€1.3m | +564% |
| Stocks | 30/36 | €239,432 | €1,589,359 | +€1.3m | +564% |
| Amounts receivable within one year | 40/41 | €1,112,795 | €45,790 | -€1.1m | -95.9% |
| Trade receivables | 40 | €1,094,100 | €45,370 | -€1.0m | -95.9% |
| Other amounts receivable | 41 | €18,695 | €420 | -€18,275 | -97.8% |
| Cash at bank and in hand | 54/58 | €53,073 | €45,570 | -€7,503 | -14.1% |
| Total equity and liabilities | 10/49 | €1,443,494 | €1,820,365 | +€376,871 | +26.1% |
| Equity | 10/15 | €202,343 | €207,421 | +€5,078 | +2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,223 | €3,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Legal reserve | 130 | €3,223 | €3,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,120 | €142,198 | +€5,078 | +3.7% |
| Amounts payable | 17/49 | €1,241,151 | €1,612,944 | +€371,793 | +30.0% |
| Amounts payable within one year | 42/48 | €1,241,151 | €1,612,944 | +€371,793 | +30.0% |
| Trade debts | 44 | €798,619 | €1,385,057 | +€586,438 | +73.4% |
| Suppliers | 440/4 | €798,619 | €1,385,057 | +€586,438 | +73.4% |
| Taxes, remuneration and social security | 45 | €437,447 | €222,028 | -€215,419 | -49.2% |
| Taxes | 450/3 | €238,921 | €138,217 | -€100,704 | -42.1% |
| Remuneration and social security | 454/9 | €198,526 | €83,811 | -€114,715 | -57.8% |
| Other amounts payable | 47/48 | €5,085 | €5,859 | +€774 | +15.2% |
| Turnover | 70 | €3,148,030 | €1,803,810 | -€1.3m | -42.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,322,535 | €1,288,567 | -€33,968 | -2.6% |
| Remuneration, social security and pensions | 62 | €1,803,810 | €1,816,742 | +€12,932 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,383 | €57,551 | +€35,168 | +157% |
| Other operating charges | 640/8 | €15,974 | €14,622 | -€1,352 | -8.5% |
| Gross operating margin | 9900 | €1,850,610 | €1,868,901 | +€18,291 | +1.0% |
| Operating profit (loss) | 9901 | €8,443 | -€20,014 | -€28,457 | |
| Financial income | 75/76B | - | €26,421 | +€26,421 | |
| Recurring financial income | 75 | - | €26,421 | +€26,421 | |
| Financial charges | 65/66B | €1,379 | €1,329 | -€50 | -3.6% |
| Recurring financial charges | 65 | €1,379 | €1,329 | -€50 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €7,064 | €5,078 | -€1,986 | -28.1% |
| Profit (loss) for the period | 9904 | €7,064 | €5,078 | -€1,986 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,064 | €5,078 | -€1,986 | -28.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.