Peirsman-Cop: 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.
Peirsman-Cop
Largest movements
- Cash -€21,931
down €21,931 (-25.6%), from €85,759 to €63,828
mainly Other debts (-€10,612) and Net result for the year (-€8,342)
- Tangible fixed assets +€3,517
up €3,517 (+42.2%), from €8,336 to €11,852
of which Furniture and vehicles: +€3,882
- Other debts -€10,612
down €10,612 (-69.7%), from €15,228 to €4,616
- Reserves -€8,342
down €8,342 (-11.5%), from €72,317 to €63,975
of which Distributable reserves: -€8,342
- Depreciation -€9,955
down €9,955 (-87.4%), from €11,388 to €1,433
- Gross operating margin -€5,821
down €5,821, from €260 to -€5,561
- Taxes +€156
up €156 (+119%), from €132 to €288
- Financial charges -€88
down €88 (-44.1%), from €198 to €111
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,095 | €76,151 | -€17,944 | -19.1% |
| Fixed assets | 21/28 | €8,336 | €11,852 | +€3,517 | +42.2% |
| Tangible fixed assets | 22/27 | €8,336 | €11,852 | +€3,517 | +42.2% |
| Land and buildings | 22 | €5,737 | €5,372 | -€365 | -6.4% |
| Plant, machinery and equipment | 23 | €1,049 | €1,049 | = | 0.0% |
| Furniture and vehicles | 24 | €1,550 | €5,432 | +€3,882 | +250% |
| Current assets | 29/58 | €85,759 | €64,299 | -€21,460 | -25.0% |
| Amounts receivable within one year | 40/41 | - | €471 | +€471 | |
| Trade receivables | 40 | - | €471 | +€471 | |
| Cash at bank and in hand | 54/58 | €85,759 | €63,828 | -€21,931 | -25.6% |
| Total equity and liabilities | 10/49 | €94,095 | €76,151 | -€17,944 | -19.1% |
| Equity | 10/15 | €78,517 | €70,175 | -€8,342 | -10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,317 | €63,975 | -€8,342 | -11.5% |
| Tax-exempt reserves | 132 | €2,912 | €2,912 | = | 0.0% |
| Distributable reserves | 133 | €69,405 | €61,062 | -€8,342 | -12.0% |
| Amounts payable | 17/49 | €15,578 | €5,976 | -€9,601 | -61.6% |
| Amounts payable within one year | 42/48 | €15,578 | €5,976 | -€9,601 | -61.6% |
| Trade debts | 44 | €99 | €941 | +€842 | +851% |
| Suppliers | 440/4 | €99 | €941 | +€842 | +851% |
| Taxes, remuneration and social security | 45 | €251 | €419 | +€168 | +67.0% |
| Taxes | 450/3 | €251 | €419 | +€168 | +67.0% |
| Other amounts payable | 47/48 | €15,228 | €4,616 | -€10,612 | -69.7% |
| Non-recurring operating income | 76A | €3,301 | - | -€3,301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,388 | €1,433 | -€9,955 | -87.4% |
| Other operating charges | 640/8 | €983 | €949 | -€34 | -3.5% |
| Gross operating margin | 9900 | €260 | -€5,561 | -€5,821 | |
| Operating profit (loss) | 9901 | -€12,112 | -€7,944 | +€4,168 | +34.4% |
| Financial charges | 65/66B | €198 | €111 | -€88 | -44.1% |
| Recurring financial charges | 65 | €198 | €111 | -€88 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,310 | -€8,055 | +€4,255 | +34.6% |
| Income taxes | 67/77 | €132 | €288 | +€156 | +119% |
| Profit (loss) for the period | 9904 | -€12,441 | -€8,342 | +€4,099 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,441 | -€8,342 | +€4,099 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.