LE PIETON: 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 PIETON
Largest movements
- Cash -€3,601
down €3,601 (-14.1%), from €25,611 to €22,011
mainly Net result for the year (-€6,245) and Trade debts (-€437)
- Tangible fixed assets -€2,130
down €2,130 (-93.6%), from €2,275 to €145
of which Plant, machinery and equipment: -€1,742
- Receivables within one year -€1,347
no longer reported in 2025 (was €1,347)
- Profit (loss) carried forward -€6,245
down €6,245 (-9.2%), from -€67,977 to -€74,222
- Trade debts -€437
down €437 (-5.0%), from €8,776 to €8,339
- Tax, wage and social debts -€390
down €390 (-12.0%), from €3,249 to €2,859
- Gross operating margin -€19,905
down €19,905 (-13.7%), from €145,543 to €125,638
- Staff costs -€5,657
down €5,657 (-4.4%), from €129,003 to €123,346
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 | €31,487 | €24,605 | -€6,882 | -21.9% |
| Fixed assets | 21/28 | €2,434 | €304 | -€2,130 | -87.5% |
| Tangible fixed assets | 22/27 | €2,275 | €145 | -€2,130 | -93.6% |
| Plant, machinery and equipment | 23 | €1,766 | €25 | -€1,742 | -98.6% |
| Furniture and vehicles | 24 | €509 | €120 | -€389 | -76.4% |
| Financial fixed assets | 28 | €159 | €159 | = | 0.0% |
| Current assets | 29/58 | €29,053 | €24,301 | -€4,751 | -16.4% |
| Stocks and contracts in progress | 3 | €2,094 | €2,291 | +€197 | +9.4% |
| Stocks | 30/36 | €2,094 | €2,291 | +€197 | +9.4% |
| Amounts receivable within one year | 40/41 | €1,347 | - | -€1,347 | |
| Trade receivables | 40 | €1,347 | - | -€1,347 | |
| Cash at bank and in hand | 54/58 | €25,611 | €22,011 | -€3,601 | -14.1% |
| Total equity and liabilities | 10/49 | €31,487 | €24,605 | -€6,882 | -21.9% |
| Equity | 10/15 | €14,160 | €7,915 | -€6,245 | -44.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €51,151 | €51,151 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €48,052 | €48,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,977 | -€74,222 | -€6,245 | -9.2% |
| Amounts payable | 17/49 | €17,327 | €16,690 | -€636 | -3.7% |
| Amounts payable within one year | 42/48 | €17,327 | €16,690 | -€636 | -3.7% |
| Trade debts | 44 | €8,776 | €8,339 | -€437 | -5.0% |
| Suppliers | 440/4 | €8,776 | €8,339 | -€437 | -5.0% |
| Taxes, remuneration and social security | 45 | €3,249 | €2,859 | -€390 | -12.0% |
| Taxes | 450/3 | €3,249 | €2,859 | -€390 | -12.0% |
| Other amounts payable | 47/48 | €5,302 | €5,493 | +€190 | +3.6% |
| Remuneration, social security and pensions | 62 | €129,003 | €123,346 | -€5,657 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,391 | €2,130 | -€261 | -10.9% |
| Other operating charges | 640/8 | €3,990 | €3,123 | -€867 | -21.7% |
| Non-recurring operating charges | 66A | €184 | €1,207 | +€1,023 | +556% |
| Gross operating margin | 9900 | €145,543 | €125,638 | -€19,905 | -13.7% |
| Operating profit (loss) | 9901 | €9,975 | -€4,169 | -€14,144 | |
| Financial charges | 65/66B | €1,808 | €2,076 | +€269 | +14.9% |
| Recurring financial charges | 65 | €1,808 | €2,076 | +€269 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €8,168 | -€6,245 | -€14,413 | |
| Income taxes | 67/77 | €198 | - | -€198 | |
| Profit (loss) for the period | 9904 | €7,970 | -€6,245 | -€14,215 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,970 | -€6,245 | -€14,215 |
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 17 October 2026 via checked.be.