Les Piérides: 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.
Les Piérides
Largest movements
- Receivables within one year +€31,497
up €31,497 (+56.5%), from €55,742 to €87,239
of which Trade receivables: +€31,070
- Stocks and contracts -€28,928
down €28,928 (-52.0%), from €55,662 to €26,734
- Cash -€15,354
down €15,354 (-22.0%), from €69,798 to €54,444
mainly Other debts (-€46,020) and Receivables within one year (-€31,497)
- Deferred charges and accrued income -€7,699
down €7,699 (-72.4%), from €10,632 to €2,933
- Other debts -€46,020
down €46,020 (-61.6%), from €74,675 to €28,655
- Accrued charges and deferred income -€30,478
down €30,478 (-53.8%), from €56,666 to €26,188
- Profit (loss) carried forward +€26,582
up €26,582 (+202%), from €13,157 to €39,739
- Trade debts +€24,259
up €24,259 (+264%), from €9,202 to €33,461
- Tax, wage and social debts +€2,901
up €2,901 (+7.9%), from €36,604 to €39,505
of which Taxes: +€4,271
- Purchases and services -€27,315
down €27,315 (-8.9%), from €307,053 to €279,738
- Staff costs -€19,318
down €19,318 (-9.8%), from €197,769 to €178,451
- Turnover -€16,531
down €16,531 (-3.3%), from €507,432 to €490,901
- Gross operating margin +€10,784
up €10,784 (+5.4%), from €200,379 to €211,163
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 | €208,904 | €188,420 | -€20,484 | -9.8% |
| Fixed assets | 21/28 | €17,070 | €17,070 | = | 0.0% |
| Financial fixed assets | 28 | €17,070 | €17,070 | = | 0.0% |
| Current assets | 29/58 | €191,834 | €171,350 | -€20,484 | -10.7% |
| Stocks and contracts in progress | 3 | €55,662 | €26,734 | -€28,928 | -52.0% |
| Stocks | 30/36 | €55,662 | €26,734 | -€28,928 | -52.0% |
| Amounts receivable within one year | 40/41 | €55,742 | €87,239 | +€31,497 | +56.5% |
| Trade receivables | 40 | €55,687 | €86,757 | +€31,070 | +55.8% |
| Other amounts receivable | 41 | €55 | €482 | +€427 | +776% |
| Cash at bank and in hand | 54/58 | €69,798 | €54,444 | -€15,354 | -22.0% |
| Deferred charges and accrued income | 490/1 | €10,632 | €2,933 | -€7,699 | -72.4% |
| Total equity and liabilities | 10/49 | €208,904 | €188,420 | -€20,484 | -9.8% |
| Equity | 10/15 | €31,757 | €58,339 | +€26,582 | +83.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,157 | €39,739 | +€26,582 | +202% |
| Amounts payable | 17/49 | €177,147 | €130,081 | -€47,066 | -26.6% |
| Amounts payable within one year | 42/48 | €120,481 | €103,893 | -€16,588 | -13.8% |
| Financial debts | 43 | - | €2,272 | +€2,272 | |
| Credit institutions | 430/8 | - | €2,272 | +€2,272 | |
| Trade debts | 44 | €9,202 | €33,461 | +€24,259 | +264% |
| Suppliers | 440/4 | €9,202 | €33,461 | +€24,259 | +264% |
| Taxes, remuneration and social security | 45 | €36,604 | €39,505 | +€2,901 | +7.9% |
| Taxes | 450/3 | €15,533 | €19,804 | +€4,271 | +27.5% |
| Remuneration and social security | 454/9 | €21,071 | €19,701 | -€1,370 | -6.5% |
| Other amounts payable | 47/48 | €74,675 | €28,655 | -€46,020 | -61.6% |
| Accrued charges and deferred income | 492/3 | €56,666 | €26,188 | -€30,478 | -53.8% |
| Turnover | 70 | €507,432 | €490,901 | -€16,531 | -3.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €307,053 | €279,738 | -€27,315 | -8.9% |
| Remuneration, social security and pensions | 62 | €197,769 | €178,451 | -€19,318 | -9.8% |
| Other operating charges | 640/8 | €1,071 | €1,289 | +€218 | +20.4% |
| Gross operating margin | 9900 | €200,379 | €211,163 | +€10,784 | +5.4% |
| Operating profit (loss) | 9901 | €1,539 | €31,423 | +€29,884 | +1,942% |
| Financial income | 75/76B | €38 | €9 | -€29 | -76.3% |
| Recurring financial income | 75 | €38 | €9 | -€29 | -76.3% |
| Financial charges | 65/66B | €1,034 | €339 | -€695 | -67.2% |
| Recurring financial charges | 65 | €1,034 | €339 | -€695 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | €543 | €31,093 | +€30,550 | +5,626% |
| Income taxes | 67/77 | - | €4,511 | +€4,511 | |
| Profit (loss) for the period | 9904 | €543 | €26,582 | +€26,039 | +4,795% |
| Profit (loss) for the period to be appropriated | 9905 | €543 | €26,582 | +€26,039 | +4,795% |
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.