Menuiserie PIRON: 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.
Menuiserie PIRON
Largest movements
- Receivables within one year -€20,459
down €20,459 (-56.4%), from €36,245 to €15,786
of which Trade receivables: -€22,294
- Tangible fixed assets -€13,640
down €13,640 (-77.4%), from €17,627 to €3,986
of which Furniture and vehicles: -€11,294
- Stocks and contracts +€10,440
new in 2025: €10,440
- Intangible fixed assets -€4,287
down €4,287 (-20.9%), from €20,498 to €16,211
- Cash +€3,928
up €3,928 (+109%), from €3,601 to €7,529
mainly Receivables within one year (+€20,459) and Depreciation (+€17,927)
- Trade debts -€13,192
down €13,192 (-100%), from €13,192 to €0
- Profit (loss) carried forward -€9,950
down €9,950, from €9,602 to -€348
- Other debts +€8,055
up €8,055 (+28.0%), from €28,750 to €36,805
- Debts after one year -€6,065
down €6,065 (-49.0%), from €12,390 to €6,325
- Tax, wage and social debts -€1,869
down €1,869 (-94.9%), from €1,969 to €100
of which Taxes: -€1,365
- Gross operating margin -€21,197
down €21,197 (-68.4%), from €30,978 to €9,781
- Staff costs -€7,727
no longer reported in 2025 (was €7,727)
- Taxes -€1,465
no longer reported in 2025 (was €1,465)
- Financial charges -€641
down €641 (-42.6%), from €1,503 to €862
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 | €78,816 | €55,148 | -€23,669 | -30.0% |
| Fixed assets | 21/28 | €38,185 | €20,257 | -€17,927 | -46.9% |
| Intangible fixed assets | 21 | €20,498 | €16,211 | -€4,287 | -20.9% |
| Tangible fixed assets | 22/27 | €17,627 | €3,986 | -€13,640 | -77.4% |
| Plant, machinery and equipment | 23 | €2,516 | €170 | -€2,346 | -93.3% |
| Furniture and vehicles | 24 | €15,111 | €3,817 | -€11,294 | -74.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €40,632 | €34,890 | -€5,741 | -14.1% |
| Stocks and contracts in progress | 3 | - | €10,440 | +€10,440 | |
| Stocks | 30/36 | - | €10,440 | +€10,440 | |
| Amounts receivable within one year | 40/41 | €36,245 | €15,786 | -€20,459 | -56.4% |
| Trade receivables | 40 | €34,411 | €12,117 | -€22,294 | -64.8% |
| Other amounts receivable | 41 | €1,834 | €3,669 | +€1,835 | +100% |
| Cash at bank and in hand | 54/58 | €3,601 | €7,529 | +€3,928 | +109% |
| Deferred charges and accrued income | 490/1 | €786 | €1,135 | +€349 | +44.5% |
| Total equity and liabilities | 10/49 | €78,816 | €55,148 | -€23,669 | -30.0% |
| Equity | 10/15 | €15,802 | €5,852 | -€9,950 | -63.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,602 | -€348 | -€9,950 | |
| Amounts payable | 17/49 | €63,015 | €49,296 | -€13,719 | -21.8% |
| Amounts payable after more than one year | 17 | €12,390 | €6,325 | -€6,065 | -49.0% |
| Financial debts | 170/4 | €12,390 | €6,325 | -€6,065 | -49.0% |
| Amounts payable within one year | 42/48 | €49,728 | €42,971 | -€6,757 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €5,816 | €6,065 | +€249 | +4.3% |
| Trade debts | 44 | €13,192 | €0 | -€13,192 | -100% |
| Suppliers | 440/4 | €13,192 | €0 | -€13,192 | -100% |
| Taxes, remuneration and social security | 45 | €1,969 | €100 | -€1,869 | -94.9% |
| Taxes | 450/3 | €1,465 | €100 | -€1,365 | -93.2% |
| Remuneration and social security | 454/9 | €504 | €0 | -€504 | -100% |
| Other amounts payable | 47/48 | €28,750 | €36,805 | +€8,055 | +28.0% |
| Accrued charges and deferred income | 492/3 | €897 | - | -€897 | |
| Non-recurring operating income | 76A | - | €1,941 | +€1,941 | |
| Remuneration, social security and pensions | 62 | €7,727 | - | -€7,727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,935 | €17,927 | -€7 | 0.0% |
| Other operating charges | 640/8 | €751 | €943 | +€193 | +25.7% |
| Gross operating margin | 9900 | €30,978 | €9,781 | -€21,197 | -68.4% |
| Operating profit (loss) | 9901 | €4,565 | -€9,090 | -€13,655 | |
| Financial income | 75/76B | €13 | €3 | -€10 | -78.2% |
| Recurring financial income | 75 | €13 | €3 | -€10 | -78.2% |
| Financial charges | 65/66B | €1,503 | €862 | -€641 | -42.6% |
| Recurring financial charges | 65 | €1,503 | €862 | -€641 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €3,074 | -€9,950 | -€13,024 | |
| Income taxes | 67/77 | €1,465 | - | -€1,465 | |
| Profit (loss) for the period | 9904 | €1,610 | -€9,950 | -€11,559 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,610 | -€9,950 | -€11,559 |
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 24 October 2026 via checked.be.