LA PIOVRA: what changed
What changed
LA PIOVRA
NACE 82.100, Office administrative and support services
filed annual accounts (NBB)
Net result for the year
€55,045
2024 · €31,028+€24,017
Equity
€214,162
2024 · €205,281+€8,881
Cash
€70,902
2024 · €28,194+€42,708
Balance sheet total
€354,303
2024 · €331,587+€22,716
Largest movements
Assets
- Cash +€42,708
up €42,708 (+151%), from €28,194 to €70,902
mainly Net result for the year (+€55,045) and Other debts (+€23,304)
- Tangible fixed assets -€17,732
down €17,732 (-5.9%), from €298,555 to €280,823
of which Land and buildings: -€10,252
Equity and liabilities
- Other debts +€23,304
up €23,304 (+123%), from €18,992 to €42,296
- Debts after one year -€22,691
down €22,691 (-27.6%), from €82,117 to €59,426
- Tax, wage and social debts +€12,006
up €12,006 (+691%), from €1,737 to €13,742
- Reserves +€8,881
up €8,881 (+18.5%), from €48,023 to €56,905
Income statement
- Gross operating margin +€32,323
up €32,323 (+55.6%), from €58,101 to €90,424
- Taxes +€9,923
up €9,923 (+580%), from €1,712 to €11,635
- Financial charges -€943
down €943 (-18.8%), from €5,021 to €4,078
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€31,028
Gross operating margin
+€32,323
Depreciation
+€732
Other operating charges
-€58
Financial income
-€0
Financial charges
+€943
Taxes
-€9,923
Result 2025
€55,045
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€111,539
Investment
€0
Financing
-€68,830
Cash 2024
€28,194
From operations (derived)
+€111,539
Net result for the year
+€55,045
Depreciation
+€17,732
Receivables within one year
+€2,696
Deferred charges and accrued income
-€437
Trade debts
+€1,192
Tax, wage and social debts
+€12,006
Other debts
+€23,304
Financing
-€68,830
Debts after one year
-€22,691
Current portion of long-term debt
+€24
Contributions, distributions and other
-€46,163
Cash 2025
€70,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,587 | €354,303 | +€22,716 | +6.9% |
| Fixed assets | 21/28 | €298,555 | €280,823 | -€17,732 | -5.9% |
| Tangible fixed assets | 22/27 | €298,555 | €280,823 | -€17,732 | -5.9% |
| Land and buildings | 22 | €276,828 | €266,576 | -€10,252 | -3.7% |
| Plant, machinery and equipment | 23 | €2,287 | €1,174 | -€1,113 | -48.7% |
| Furniture and vehicles | 24 | €19,440 | €13,073 | -€6,367 | -32.8% |
| Current assets | 29/58 | €33,032 | €73,481 | +€40,449 | +122% |
| Amounts receivable within one year | 40/41 | €2,810 | €114 | -€2,696 | -96.0% |
| Other amounts receivable | 41 | €2,810 | €114 | -€2,696 | -96.0% |
| Cash at bank and in hand | 54/58 | €28,194 | €70,902 | +€42,708 | +151% |
| Deferred charges and accrued income | 490/1 | €2,028 | €2,465 | +€437 | +21.5% |
| Total equity and liabilities | 10/49 | €331,587 | €354,303 | +€22,716 | +6.9% |
| Equity | 10/15 | €205,281 | €214,162 | +€8,881 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,023 | €56,905 | +€8,881 | +18.5% |
| Distributable reserves | 133 | €48,023 | €56,905 | +€8,881 | +18.5% |
| Profit (loss) carried forward | 14 | €138,658 | €138,658 | = | 0.0% |
| Amounts payable | 17/49 | €126,306 | €140,141 | +€13,835 | +11.0% |
| Amounts payable after more than one year | 17 | €82,117 | €59,426 | -€22,691 | -27.6% |
| Financial debts | 170/4 | €82,117 | €59,426 | -€22,691 | -27.6% |
| Amounts payable within one year | 42/48 | €44,189 | €80,715 | +€36,526 | +82.7% |
| Current portion of amounts payable after more than one year | 42 | €22,667 | €22,691 | +€24 | +0.1% |
| Trade debts | 44 | €794 | €1,986 | +€1,192 | +150% |
| Suppliers | 440/4 | €794 | €1,986 | +€1,192 | +150% |
| Taxes, remuneration and social security | 45 | €1,737 | €13,742 | +€12,006 | +691% |
| Taxes | 450/3 | €1,737 | €13,742 | +€12,006 | +691% |
| Other amounts payable | 47/48 | €18,992 | €42,296 | +€23,304 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,464 | €17,732 | -€732 | -4.0% |
| Other operating charges | 640/8 | €1,876 | €1,934 | +€58 | +3.1% |
| Gross operating margin | 9900 | €58,101 | €90,424 | +€32,323 | +55.6% |
| Operating profit (loss) | 9901 | €37,761 | €70,758 | +€32,997 | +87.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €5,021 | €4,078 | -€943 | -18.8% |
| Recurring financial charges | 65 | €5,021 | €4,078 | -€943 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €32,740 | €66,680 | +€33,940 | +104% |
| Income taxes | 67/77 | €1,712 | €11,635 | +€9,923 | +580% |
| Profit (loss) for the period | 9904 | €31,028 | €55,045 | +€24,017 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,028 | €55,045 | +€24,017 | +77.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.