Ma Piscine: 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.
Ma Piscine
Largest movements
- Cash +€52,055
up €52,055 (+155%), from €33,565 to €85,620
mainly Net result for the year (+€32,086) and Receivables within one year (+€23,121)
- Receivables within one year -€23,121
down €23,121 (-21.0%), from €110,168 to €87,047
of which Other amounts receivable: -€52,397
- Tangible fixed assets -€2,592
down €2,592 (-34.8%), from €7,443 to €4,851
- Other debts +€20,013
up €20,013 (+88.2%), from €22,696 to €42,709
- Tax, wage and social debts +€18,770
up €18,770 (+41.7%), from €44,964 to €63,734
- Trade debts -€12,459
down €12,459 (-81.4%), from €15,302 to €2,843
- Gross operating margin -€14,554
down €14,554 (-23.7%), from €61,363 to €46,808
- Taxes -€3,754
down €3,754 (-24.3%), from €15,448 to €11,694
- Depreciation -€1,490
down €1,490 (-36.5%), from €4,082 to €2,592
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 | €211,550 | €237,959 | +€26,409 | +12.5% |
| Fixed assets | 21/28 | €7,443 | €4,851 | -€2,592 | -34.8% |
| Tangible fixed assets | 22/27 | €7,443 | €4,851 | -€2,592 | -34.8% |
| Furniture and vehicles | 24 | €7,443 | €4,851 | -€2,592 | -34.8% |
| Current assets | 29/58 | €204,107 | €233,108 | +€29,001 | +14.2% |
| Stocks and contracts in progress | 3 | €59,753 | €59,753 | = | 0.0% |
| Stocks | 30/36 | €59,753 | €59,753 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €110,168 | €87,047 | -€23,121 | -21.0% |
| Trade receivables | 40 | €57,771 | €87,047 | +€29,276 | +50.7% |
| Other amounts receivable | 41 | €52,397 | - | -€52,397 | |
| Cash at bank and in hand | 54/58 | €33,565 | €85,620 | +€52,055 | +155% |
| Deferred charges and accrued income | 490/1 | €622 | €688 | +€66 | +10.7% |
| Total equity and liabilities | 10/49 | €211,550 | €237,959 | +€26,409 | +12.5% |
| Equity | 10/15 | €128,587 | €128,673 | +€86 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €17,469 | €17,469 | = | 0.0% |
| Distributable reserves | 133 | €17,469 | €17,469 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,118 | €11,204 | +€86 | +0.8% |
| Amounts payable | 17/49 | €82,963 | €109,286 | +€26,323 | +31.7% |
| Amounts payable within one year | 42/48 | €82,963 | €109,286 | +€26,323 | +31.7% |
| Trade debts | 44 | €15,302 | €2,843 | -€12,459 | -81.4% |
| Suppliers | 440/4 | €15,302 | €2,843 | -€12,459 | -81.4% |
| Taxes, remuneration and social security | 45 | €44,964 | €63,734 | +€18,770 | +41.7% |
| Taxes | 450/3 | €44,964 | €63,734 | +€18,770 | +41.7% |
| Other amounts payable | 47/48 | €22,696 | €42,709 | +€20,013 | +88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,082 | €2,592 | -€1,490 | -36.5% |
| Other operating charges | 640/8 | €905 | €377 | -€528 | -58.4% |
| Gross operating margin | 9900 | €61,363 | €46,808 | -€14,554 | -23.7% |
| Operating profit (loss) | 9901 | €56,375 | €43,840 | -€12,536 | -22.2% |
| Financial income | 75/76B | €303 | €3 | -€300 | -99.0% |
| Recurring financial income | 75 | €303 | €3 | -€300 | -99.0% |
| Financial charges | 65/66B | €113 | €63 | -€50 | -44.1% |
| Recurring financial charges | 65 | €113 | €63 | -€50 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €56,566 | €43,780 | -€12,786 | -22.6% |
| Income taxes | 67/77 | €15,448 | €11,694 | -€3,754 | -24.3% |
| Profit (loss) for the period | 9904 | €41,118 | €32,086 | -€9,032 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,118 | €32,086 | -€9,032 | -22.0% |
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 30 October 2026 via checked.be.