LE PIEMONT: 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.
LE PIEMONT
Largest movements
- Receivables within one year -€12,124
down €12,124 (-7.0%), from €172,691 to €160,566
of which Trade receivables: -€6,618
- Tangible fixed assets -€5,100
down €5,100 (-4.3%), from €119,000 to €113,900
- Stocks and contracts -€3,600
down €3,600 (-24.2%), from €14,900 to €11,300
- Profit (loss) carried forward -€15,910
down €15,910 (-54.9%), from -€28,992 to -€44,902
- Short-term financial debts -€14,516
down €14,516 (-29.2%), from €49,740 to €35,225
- Trade debts +€8,671
up €8,671 (+779%), from €1,113 to €9,784
- Turnover -€15,553
down €15,553 (-40.1%), from €38,766 to €23,213
- Purchases and services -€13,152
down €13,152 (-34.5%), from €38,165 to €25,012
- Gross operating margin -€2,401
down €2,401, from €601 to -€1,800
- Financial charges -€697
down €697 (-13.4%), from €5,210 to €4,513
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 | €337,672 | €317,079 | -€20,593 | -6.1% |
| Fixed assets | 21/28 | €150,081 | €144,981 | -€5,100 | -3.4% |
| Intangible fixed assets | 21 | €31,027 | €31,027 | = | 0.0% |
| Tangible fixed assets | 22/27 | €119,000 | €113,900 | -€5,100 | -4.3% |
| Land and buildings | 22 | €119,000 | €113,900 | -€5,100 | -4.3% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €187,591 | €172,098 | -€15,493 | -8.3% |
| Stocks and contracts in progress | 3 | €14,900 | €11,300 | -€3,600 | -24.2% |
| Stocks | 30/36 | €14,900 | €11,300 | -€3,600 | -24.2% |
| Amounts receivable within one year | 40/41 | €172,691 | €160,566 | -€12,124 | -7.0% |
| Trade receivables | 40 | €78,308 | €71,690 | -€6,618 | -8.5% |
| Other amounts receivable | 41 | €94,383 | €88,876 | -€5,507 | -5.8% |
| Cash at bank and in hand | 54/58 | - | €232 | +€232 | |
| Total equity and liabilities | 10/49 | €337,672 | €317,079 | -€20,593 | -6.1% |
| Equity | 10/15 | €282,353 | €266,442 | -€15,910 | -5.6% |
| Contributions | 10/11 | €62,013 | €62,013 | = | 0.0% |
| Capital | 10 | €62,013 | €62,013 | = | 0.0% |
| Issued capital | 100 | €62,013 | €62,013 | = | 0.0% |
| Revaluation surpluses | 12 | €249,331 | €249,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,992 | -€44,902 | -€15,910 | -54.9% |
| Amounts payable | 17/49 | €55,319 | €50,637 | -€4,682 | -8.5% |
| Amounts payable within one year | 42/48 | €55,319 | €50,637 | -€4,682 | -8.5% |
| Financial debts | 43 | €49,740 | €35,225 | -€14,516 | -29.2% |
| Credit institutions | 430/8 | €49,740 | €35,225 | -€14,516 | -29.2% |
| Trade debts | 44 | €1,113 | €9,784 | +€8,671 | +779% |
| Suppliers | 440/4 | €1,113 | €9,784 | +€8,671 | +779% |
| Advances received on contracts in progress | 46 | - | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €4,465 | €5,501 | +€1,036 | +23.2% |
| Taxes | 450/3 | €4,465 | €5,501 | +€1,036 | +23.2% |
| Turnover | 70 | €38,766 | €23,213 | -€15,553 | -40.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,165 | €25,012 | -€13,152 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,100 | €5,100 | = | 0.0% |
| Other operating charges | 640/8 | €4,414 | €4,498 | +€84 | +1.9% |
| Gross operating margin | 9900 | €601 | -€1,800 | -€2,401 | |
| Operating profit (loss) | 9901 | -€8,913 | -€11,398 | -€2,485 | -27.9% |
| Financial charges | 65/66B | €5,210 | €4,513 | -€697 | -13.4% |
| Recurring financial charges | 65 | €5,210 | €4,513 | -€697 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,123 | -€15,910 | -€1,787 | -12.7% |
| Profit (loss) for the period | 9904 | -€14,123 | -€15,910 | -€1,787 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,123 | -€15,910 | -€1,787 | -12.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.