LE PUIJ: 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 PUIJ
Largest movements
- Stocks and contracts -€413,534
down €413,534 (-26.0%), from €1.6m to €1.2m
- Tangible fixed assets -€109,674
down €109,674 (-40.6%), from €270,135 to €160,461
of which Furniture and vehicles: -€81,752
- Receivables within one year +€32,769
up €32,769 (+66.3%), from €49,426 to €82,194
of which Trade receivables: +€40,843
- Cash +€26,123
up €26,123 (+57.3%), from €45,588 to €71,711
mainly Other debts (+€690,204) and Stocks and contracts (+€413,534)
- Profit (loss) carried forward -€1.4m
down €1.4m (-48.2%), from -€2.9m to -€4.3m
- Other debts +€690,204
up €690,204 (+15.4%), from €4.5m to €5.2m
- Trade debts +€272,677
up €272,677 (+78.0%), from €349,642 to €622,319
- Gross operating margin +€303,429
up €303,429 (+35.2%), from -€861,693 to -€558,264
- Other operating charges +€39,954
up €39,954 (+2,404%), from €1,662 to €41,616
- Depreciation -€22,790
down €22,790 (-17.2%), from €132,464 to €109,674
- Staff costs +€15,504
up €15,504 (+9.9%), from €157,380 to €172,884
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 | €1,959,636 | €1,509,951 | -€449,684 | -22.9% |
| Fixed assets | 21/28 | €270,135 | €160,461 | -€109,674 | -40.6% |
| Tangible fixed assets | 22/27 | €270,135 | €160,461 | -€109,674 | -40.6% |
| Land and buildings | 22 | €24,582 | €7,272 | -€17,310 | -70.4% |
| Plant, machinery and equipment | 23 | €75,861 | €48,248 | -€27,613 | -36.4% |
| Furniture and vehicles | 24 | €169,692 | €87,940 | -€81,752 | -48.2% |
| Other tangible fixed assets | 26 | - | €17,000 | +€17,000 | |
| Current assets | 29/58 | €1,689,500 | €1,349,490 | -€340,010 | -20.1% |
| Stocks and contracts in progress | 3 | €1,592,006 | €1,178,472 | -€413,534 | -26.0% |
| Stocks | 30/36 | €1,592,006 | €1,178,472 | -€413,534 | -26.0% |
| Amounts receivable within one year | 40/41 | €49,426 | €82,194 | +€32,769 | +66.3% |
| Trade receivables | 40 | €41,352 | €82,194 | +€40,843 | +98.8% |
| Other amounts receivable | 41 | €8,074 | - | -€8,074 | |
| Cash at bank and in hand | 54/58 | €45,588 | €71,711 | +€26,123 | +57.3% |
| Deferred charges and accrued income | 490/1 | €2,479 | €17,112 | +€14,633 | +590% |
| Total equity and liabilities | 10/49 | €1,959,636 | €1,509,951 | -€449,684 | -22.9% |
| Equity | 10/15 | -€2,880,774 | -€4,292,145 | -€1.4m | -49.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,930,774 | -€4,342,145 | -€1.4m | -48.2% |
| Amounts payable | 17/49 | €4,840,410 | €5,802,096 | +€961,686 | +19.9% |
| Amounts payable within one year | 42/48 | €4,839,221 | €5,799,316 | +€960,095 | +19.8% |
| Trade debts | 44 | €349,642 | €622,319 | +€272,677 | +78.0% |
| Suppliers | 440/4 | €349,642 | €622,319 | +€272,677 | +78.0% |
| Taxes, remuneration and social security | 45 | €17,909 | €15,123 | -€2,786 | -15.6% |
| Taxes | 450/3 | €4,409 | €2,906 | -€1,503 | -34.1% |
| Remuneration and social security | 454/9 | €13,500 | €12,217 | -€1,283 | -9.5% |
| Other amounts payable | 47/48 | €4,471,670 | €5,161,874 | +€690,204 | +15.4% |
| Accrued charges and deferred income | 492/3 | €1,189 | €2,780 | +€1,592 | +134% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €157,380 | €172,884 | +€15,504 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,464 | €109,674 | -€22,790 | -17.2% |
| Other operating charges | 640/8 | €1,662 | €41,616 | +€39,954 | +2,404% |
| Non-recurring operating charges | 66A | €2,053 | €520,101 | +€518,048 | +25,238% |
| Gross operating margin | 9900 | -€861,693 | -€558,264 | +€303,429 | +35.2% |
| Operating profit (loss) | 9901 | -€1,155,253 | -€1,402,539 | -€247,287 | -21.4% |
| Financial income | 75/76B | €2 | €5 | +€4 | +220% |
| Recurring financial income | 75 | €2 | €5 | +€4 | +220% |
| Financial charges | 65/66B | €1,639 | €7,659 | +€6,019 | +367% |
| Recurring financial charges | 65 | €1,639 | €7,659 | +€6,019 | +367% |
| Profit (loss) for the period before taxes | 9903 | -€1,156,890 | -€1,410,192 | -€253,302 | -21.9% |
| Income taxes | 67/77 | €1,571 | €1,178 | -€393 | -25.0% |
| Profit (loss) for the period | 9904 | -€1,158,461 | -€1,411,371 | -€252,909 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,158,461 | -€1,411,371 | -€252,909 | -21.8% |
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 19 October 2026 via checked.be.