PI CONSULTING: 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.
PI CONSULTING
Largest movements
- Cash +€47,548
up €47,548 (+1,242%), from €3,827 to €51,375
mainly Net result for the year (+€48,472) and Current investments (+€46,312)
- Current investments -€46,312
down €46,312 (-92.0%), from €50,328 to €4,016
- Receivables within one year -€28,145
down €28,145 (-51.5%), from €54,652 to €26,507
of which Trade receivables: -€32,846
- Tangible fixed assets -€15,335
down €15,335 (-7.5%), from €205,173 to €189,838
of which Land and buildings: -€13,378
- Profit (loss) carried forward -€43,243
down €43,243 (-99.5%), from €43,480 to €236
- Reserves +€38,000
up €38,000 (+23.2%), from €163,973 to €201,973
of which Distributable reserves: +€38,000
- Debts after one year -€29,828
down €29,828 (-60.5%), from €49,323 to €19,495
- Other debts -€4,968
down €4,968 (-100%), from €4,968 to €0
- Financial income +€16,376
up €16,376 (+4,550%), from €360 to €16,736
- Taxes +€8,279
up €8,279 (+121%), from €6,865 to €15,144
- Gross operating margin +€2,726
up €2,726 (+3.1%), from €87,493 to €90,219
- Depreciation +€1,437
up €1,437 (+3.9%), from €36,555 to €37,992
- Financial charges -€1,027
down €1,027 (-23.0%), from €4,466 to €3,439
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 | €316,691 | €274,566 | -€42,125 | -13.3% |
| Fixed assets | 21/28 | €205,453 | €190,118 | -€15,335 | -7.5% |
| Tangible fixed assets | 22/27 | €205,173 | €189,838 | -€15,335 | -7.5% |
| Land and buildings | 22 | €199,309 | €185,931 | -€13,378 | -6.7% |
| Plant, machinery and equipment | 23 | €817 | €306 | -€511 | -62.6% |
| Furniture and vehicles | 24 | €5,047 | €3,601 | -€1,446 | -28.6% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €111,237 | €84,448 | -€26,790 | -24.1% |
| Amounts receivable within one year | 40/41 | €54,652 | €26,507 | -€28,145 | -51.5% |
| Trade receivables | 40 | €50,501 | €17,655 | -€32,846 | -65.0% |
| Other amounts receivable | 41 | €4,150 | €8,852 | +€4,701 | +113% |
| Current investments | 50/53 | €50,328 | €4,016 | -€46,312 | -92.0% |
| Cash at bank and in hand | 54/58 | €3,827 | €51,375 | +€47,548 | +1,242% |
| Deferred charges and accrued income | 490/1 | €2,431 | €2,550 | +€120 | +4.9% |
| Total equity and liabilities | 10/49 | €316,691 | €274,566 | -€42,125 | -13.3% |
| Equity | 10/15 | €213,658 | €208,414 | -€5,243 | -2.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €163,973 | €201,973 | +€38,000 | +23.2% |
| Tax-exempt reserves | 132 | €52,955 | €52,955 | = | 0.0% |
| Distributable reserves | 133 | €111,018 | €149,018 | +€38,000 | +34.2% |
| Profit (loss) carried forward | 14 | €43,480 | €236 | -€43,243 | -99.5% |
| Amounts payable | 17/49 | €103,033 | €66,151 | -€36,881 | -35.8% |
| Amounts payable after more than one year | 17 | €49,323 | €19,495 | -€29,828 | -60.5% |
| Financial debts | 170/4 | €49,323 | €19,495 | -€29,828 | -60.5% |
| Amounts payable within one year | 42/48 | €53,709 | €46,657 | -€7,053 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €32,760 | €29,828 | -€2,931 | -8.9% |
| Financial debts | 43 | €636 | €274 | -€362 | -57.0% |
| Credit institutions | 430/8 | €636 | €274 | -€362 | -57.0% |
| Trade debts | 44 | €3,813 | €6,796 | +€2,983 | +78.2% |
| Suppliers | 440/4 | €3,813 | €6,796 | +€2,983 | +78.2% |
| Taxes, remuneration and social security | 45 | €11,532 | €9,758 | -€1,774 | -15.4% |
| Taxes | 450/3 | €11,532 | €9,758 | -€1,774 | -15.4% |
| Other amounts payable | 47/48 | €4,968 | €0 | -€4,968 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,555 | €37,992 | +€1,437 | +3.9% |
| Other operating charges | 640/8 | €1,982 | €1,907 | -€75 | -3.8% |
| Non-recurring operating charges | 66A | €15,380 | €0 | -€15,380 | -100% |
| Gross operating margin | 9900 | €87,493 | €90,219 | +€2,726 | +3.1% |
| Operating profit (loss) | 9901 | €33,576 | €50,320 | +€16,744 | +49.9% |
| Financial income | 75/76B | €360 | €16,736 | +€16,376 | +4,550% |
| Recurring financial income | 75 | €360 | €16,736 | +€16,376 | +4,550% |
| Financial charges | 65/66B | €4,466 | €3,439 | -€1,027 | -23.0% |
| Recurring financial charges | 65 | €4,466 | €3,439 | -€1,027 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €29,469 | €63,616 | +€34,147 | +116% |
| Income taxes | 67/77 | €6,865 | €15,144 | +€8,279 | +121% |
| Profit (loss) for the period | 9904 | €22,604 | €48,472 | +€25,868 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €22,604 | €48,472 | +€25,868 | +114% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.