PEIRS: what changed
Two fiscal 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.
PEIRS
Largest movements
- Tangible fixed assets +€90,198
up €90,198 (+24.8%), from €364,068 to €454,266
of which Land and buildings: +€97,418
- Cash -€62,828
down €62,828 (-65.7%), from €95,624 to €32,796
mainly Investment in fixed assets (net) (-€116,293) and Receivables within one year (-€19,815)
- Receivables within one year +€19,815
up €19,815 (+45.8%), from €43,249 to €63,064
of which Trade receivables: +€18,836
- Deferred charges and accrued income -€9,041
down €9,041 (-84.4%), from €10,709 to €1,668
- Reserves +€20,776
up €20,776 (+11.3%), from €183,569 to €204,344
of which Distributable reserves: +€20,776
- Current portion of long-term debt +€16,713
up €16,713 (+257.6%), from €6,487 to €23,200
- Other operating charges -€22,544
down €22,544 (-95.4%), from €23,625 to €1,081
- Gross operating margin -€20,015
down €20,015 (-25.2%), from €79,315 to €59,300
- Depreciation +€9,315
up €9,315 (+55.5%), from €16,780 to €26,095
- Taxes -€939
down €939 (-13.2%), from €7,098 to €6,159
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.
Cash bridge derived
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 | €513,650 | €551,795 | +€38,145 | +7.4% |
| Fixed assets | 21/28 | €364,068 | €454,266 | +€90,198 | +24.8% |
| Tangible fixed assets | 22/27 | €364,068 | €454,266 | +€90,198 | +24.8% |
| Land and buildings | 22 | €345,897 | €443,315 | +€97,418 | +28.2% |
| Plant, machinery and equipment | 23 | €1,802 | €1,425 | -€377 | -20.9% |
| Furniture and vehicles | 24 | €16,369 | €9,526 | -€6,843 | -41.8% |
| Current assets | 29/58 | €149,582 | €97,529 | -€52,053 | -34.8% |
| Amounts receivable within one year | 40/41 | €43,249 | €63,064 | +€19,815 | +45.8% |
| Trade receivables | 40 | €15,730 | €34,566 | +€18,836 | +119.7% |
| Other amounts receivable | 41 | €27,519 | €28,498 | +€979 | +3.6% |
| Cash at bank and in hand | 54/58 | €95,624 | €32,796 | -€62,828 | -65.7% |
| Deferred charges and accrued income | 490/1 | €10,709 | €1,668 | -€9,041 | -84.4% |
| Total equity and liabilities | 10/49 | €513,650 | €551,795 | +€38,145 | +7.4% |
| Equity | 10/15 | €189,769 | €210,544 | +€20,776 | +10.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €183,569 | €204,344 | +€20,776 | +11.3% |
| Tax-exempt reserves | 132 | €13,898 | €13,898 | = | 0.0% |
| Distributable reserves | 133 | €169,670 | €190,446 | +€20,776 | +12.2% |
| Amounts payable | 17/49 | €323,881 | €341,251 | +€17,369 | +5.4% |
| Amounts payable after more than one year | 17 | €298,328 | €301,870 | +€3,542 | +1.2% |
| Financial debts | 170/4 | €298,328 | €301,870 | +€3,542 | +1.2% |
| Amounts payable within one year | 42/48 | €25,554 | €39,381 | +€13,827 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €6,487 | €23,200 | +€16,713 | +257.6% |
| Trade debts | 44 | €18,511 | €15,625 | -€2,886 | -15.6% |
| Suppliers | 440/4 | €18,511 | €15,625 | -€2,886 | -15.6% |
| Taxes, remuneration and social security | 45 | €555 | €555 | = | 0.0% |
| Taxes | 450/3 | €555 | €555 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,780 | €26,095 | +€9,315 | +55.5% |
| Other operating charges | 640/8 | €23,625 | €1,081 | -€22,544 | -95.4% |
| Gross operating margin | 9900 | €79,315 | €59,300 | -€20,015 | -25.2% |
| Operating profit (loss) | 9901 | €38,910 | €32,124 | -€6,786 | -17.4% |
| Financial income | 75/76B | €49 | €0 | -€49 | -99.4% |
| Recurring financial income | 75 | €49 | €0 | -€49 | -99.4% |
| Financial charges | 65/66B | €5,755 | €5,189 | -€566 | -9.8% |
| Recurring financial charges | 65 | €5,755 | €5,189 | -€566 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €33,204 | €26,935 | -€6,269 | -18.9% |
| Income taxes | 67/77 | €7,098 | €6,159 | -€939 | -13.2% |
| Profit (loss) for the period | 9904 | €26,106 | €20,776 | -€5,331 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,106 | €20,776 | -€5,331 | -20.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.