Mines de Pyrites de Vedrin: 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.
Mines de Pyrites de Vedrin
Largest movements
- Cash +€152,634
up €152,634 (+107%), from €142,448 to €295,081
mainly Net result for the year (+€85,224) and Depreciation (+€48,803)
- Tangible fixed assets -€48,803
down €48,803 (-12.9%), from €379,193 to €330,390
of which Plant, machinery and equipment: -€43,161
- Receivables within one year -€19,853
down €19,853 (-22.4%), from €88,757 to €68,904
of which Other amounts receivable: -€25,039
- Reserves +€85,224
up €85,224 (+28.8%), from €295,862 to €381,085
of which Distributable reserves: +€85,224
- Gross operating margin +€203,659
up €203,659, from -€56,056 to €147,603
- Provisions +€146,500
no longer reported in 2025 (was -€146,500)
- Financial income -€8,416
down €8,416 (-72.1%), from €11,670 to €3,254
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 | €788,538 | €872,533 | +€83,995 | +10.7% |
| Fixed assets | 21/28 | €379,193 | €330,390 | -€48,803 | -12.9% |
| Tangible fixed assets | 22/27 | €379,193 | €330,390 | -€48,803 | -12.9% |
| Land and buildings | 22 | €43,852 | €38,210 | -€5,642 | -12.9% |
| Plant, machinery and equipment | 23 | €335,341 | €292,181 | -€43,161 | -12.9% |
| Current assets | 29/58 | €409,345 | €542,143 | +€132,798 | +32.4% |
| Amounts receivable within one year | 40/41 | €88,757 | €68,904 | -€19,853 | -22.4% |
| Trade receivables | 40 | €62,706 | €67,892 | +€5,187 | +8.3% |
| Other amounts receivable | 41 | €26,051 | €1,012 | -€25,039 | -96.1% |
| Current investments | 50/53 | €175,980 | €175,980 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €142,448 | €295,081 | +€152,634 | +107% |
| Deferred charges and accrued income | 490/1 | €2,161 | €2,178 | +€17 | +0.8% |
| Total equity and liabilities | 10/49 | €788,538 | €872,533 | +€83,995 | +10.7% |
| Equity | 10/15 | €782,934 | €868,158 | +€85,224 | +10.9% |
| Contributions | 10/11 | €469,960 | €469,960 | = | 0.0% |
| Capital | 10 | €469,960 | €469,960 | = | 0.0% |
| Issued capital | 100 | €469,960 | €469,960 | = | 0.0% |
| Revaluation surpluses | 12 | €17,112 | €17,112 | = | 0.0% |
| Reserves | 13 | €295,862 | €381,085 | +€85,224 | +28.8% |
| Non-distributable reserves | 130/1 | €47,430 | €47,430 | = | 0.0% |
| Legal reserve | 130 | €47,430 | €47,430 | = | 0.0% |
| Distributable reserves | 133 | €248,432 | €333,655 | +€85,224 | +34.3% |
| Amounts payable | 17/49 | €5,604 | €4,375 | -€1,228 | -21.9% |
| Amounts payable within one year | 42/48 | €5,604 | €4,375 | -€1,228 | -21.9% |
| Trade debts | 44 | €1,264 | - | -€1,264 | |
| Suppliers | 440/4 | €1,264 | - | -€1,264 | |
| Taxes, remuneration and social security | 45 | - | €35 | +€35 | |
| Taxes | 450/3 | - | €35 | +€35 | |
| Other amounts payable | 47/48 | €4,340 | €4,340 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,803 | €48,803 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€146,500 | - | +€146,500 | |
| Other operating charges | 640/8 | €15,457 | €16,558 | +€1,101 | +7.1% |
| Gross operating margin | 9900 | -€56,056 | €147,603 | +€203,659 | |
| Operating profit (loss) | 9901 | €26,184 | €82,242 | +€56,058 | +214% |
| Financial income | 75/76B | €11,670 | €3,254 | -€8,416 | -72.1% |
| Recurring financial income | 75 | €11,670 | €3,254 | -€8,416 | -72.1% |
| Financial charges | 65/66B | €37 | €273 | +€235 | +631% |
| Recurring financial charges | 65 | €37 | €273 | +€235 | +631% |
| Profit (loss) for the period before taxes | 9903 | €37,817 | €85,224 | +€47,407 | +125% |
| Profit (loss) for the period | 9904 | €37,817 | €85,224 | +€47,407 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €37,817 | €85,224 | +€47,407 | +125% |
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 23 October 2026 via checked.be.