MY PIER: 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.
MY PIER
Largest movements
- Tangible fixed assets -€43,366
down €43,366 (-8.8%), from €494,179 to €450,812
of which Land and buildings: -€35,534
- Profit (loss) carried forward -€36,397
down €36,397 (-30.1%), from -€120,871 to -€157,268
- Revaluation surpluses -€13,188
down €13,188 (-6.9%), from €191,294 to €178,107
- Reserves +€13,188
up €13,188 (+16.7%), from €79,126 to €92,313
- Debts after one year -€10,818
down €10,818 (-4.4%), from €246,044 to €235,227
- Other operating charges +€11,428
up €11,428 (+237%), from €4,828 to €16,256
- Gross operating margin -€2,645
down €2,645 (-9.5%), from €27,740 to €25,096
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 | €495,060 | €451,858 | -€43,201 | -8.7% |
| Fixed assets | 21/28 | €494,179 | €450,812 | -€43,366 | -8.8% |
| Tangible fixed assets | 22/27 | €494,179 | €450,812 | -€43,366 | -8.8% |
| Land and buildings | 22 | €482,975 | €447,441 | -€35,534 | -7.4% |
| Furniture and vehicles | 24 | €11,203 | €3,371 | -€7,832 | -69.9% |
| Current assets | 29/58 | €881 | €1,046 | +€165 | +18.7% |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Cash at bank and in hand | 54/58 | €381 | €1,013 | +€632 | +166% |
| Deferred charges and accrued income | 490/1 | - | €33 | +€33 | |
| Total equity and liabilities | 10/49 | €495,060 | €451,858 | -€43,201 | -8.7% |
| Equity | 10/15 | €229,549 | €193,152 | -€36,397 | -15.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Revaluation surpluses | 12 | €191,294 | €178,107 | -€13,188 | -6.9% |
| Reserves | 13 | €79,126 | €92,313 | +€13,188 | +16.7% |
| Non-distributable reserves | 130/1 | €79,126 | €92,313 | +€13,188 | +16.7% |
| Reserves not available under the articles | 1311 | €79,126 | €92,313 | +€13,188 | +16.7% |
| Profit (loss) carried forward | 14 | -€120,871 | -€157,268 | -€36,397 | -30.1% |
| Amounts payable | 17/49 | €265,511 | €258,706 | -€6,805 | -2.6% |
| Amounts payable after more than one year | 17 | €246,044 | €235,227 | -€10,818 | -4.4% |
| Financial debts | 170/4 | €246,044 | €235,227 | -€10,818 | -4.4% |
| Amounts payable within one year | 42/48 | €19,467 | €21,980 | +€2,513 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €10,810 | €8,379 | -€2,432 | -22.5% |
| Trade debts | 44 | €8,656 | €13,601 | +€4,944 | +57.1% |
| Suppliers | 440/4 | €8,656 | €13,601 | +€4,944 | +57.1% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,366 | €43,366 | = | 0.0% |
| Other operating charges | 640/8 | €4,828 | €16,256 | +€11,428 | +237% |
| Non-recurring operating charges | 66A | - | €150 | +€150 | |
| Gross operating margin | 9900 | €27,740 | €25,096 | -€2,645 | -9.5% |
| Operating profit (loss) | 9901 | -€20,454 | -€34,676 | -€14,223 | -69.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -69.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -69.5% |
| Financial charges | 65/66B | €1,668 | €1,721 | +€53 | +3.2% |
| Recurring financial charges | 65 | €1,668 | €1,721 | +€53 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,120 | -€36,397 | -€14,277 | -64.5% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€22,121 | -€36,397 | -€14,276 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,121 | -€36,397 | -€14,276 | -64.5% |
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 25 October 2026 via checked.be.