PI-EUCC: 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.
PI-EUCC
Largest movements
- Cash -€86,122
down €86,122 (-12.0%), from €715,473 to €629,351
mainly Accrued charges and deferred income (-€139,847) and Contributions, distributions and other (-€36,600)
- Accrued charges and deferred income -€139,847
down €139,847 (-27.9%), from €501,149 to €361,303
- Reserves +€55,134
up €55,134 (+30.6%), from €180,078 to €235,213
- Tax, wage and social debts -€14,403
down €14,403 (-53.4%), from €26,976 to €12,573
- Other debts +€8,564
up €8,564 (+40.7%), from €21,032 to €29,596
- Gross operating margin +€63,907
up €63,907 (+51.6%), from €123,945 to €187,851
- Taxes +€17,153
up €17,153 (+63.6%), from €26,976 to €44,128
- Staff costs +€9,207
up €9,207 (+24.2%), from €38,065 to €47,272
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 | €802,097 | €712,099 | -€89,999 | -11.2% |
| Fixed assets | 21/28 | €82,969 | €79,538 | -€3,431 | -4.1% |
| Tangible fixed assets | 22/27 | €82,969 | €79,538 | -€3,431 | -4.1% |
| Land and buildings | 22 | €82,969 | €79,538 | -€3,431 | -4.1% |
| Current assets | 29/58 | €719,129 | €632,561 | -€86,567 | -12.0% |
| Amounts receivable within one year | 40/41 | €3,300 | €3,003 | -€297 | -9.0% |
| Trade receivables | 40 | €2,718 | - | -€2,718 | |
| Other amounts receivable | 41 | €582 | €3,003 | +€2,421 | +416.0% |
| Cash at bank and in hand | 54/58 | €715,473 | €629,351 | -€86,122 | -12.0% |
| Deferred charges and accrued income | 490/1 | €355 | €207 | -€148 | -41.7% |
| Total equity and liabilities | 10/49 | €802,097 | €712,099 | -€89,999 | -11.2% |
| Equity | 10/15 | €248,678 | €303,813 | +€55,134 | +22.2% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €180,078 | €235,213 | +€55,134 | +30.6% |
| Distributable reserves | 133 | €180,078 | €235,213 | +€55,134 | +30.6% |
| Amounts payable | 17/49 | €553,419 | €408,286 | -€145,133 | -26.2% |
| Amounts payable within one year | 42/48 | €52,270 | €46,983 | -€5,286 | -10.1% |
| Trade debts | 44 | €4,262 | €4,814 | +€552 | +13.0% |
| Suppliers | 440/4 | €4,262 | €4,814 | +€552 | +13.0% |
| Taxes, remuneration and social security | 45 | €26,976 | €12,573 | -€14,403 | -53.4% |
| Taxes | 450/3 | €26,976 | €12,573 | -€14,403 | -53.4% |
| Other amounts payable | 47/48 | €21,032 | €29,596 | +€8,564 | +40.7% |
| Accrued charges and deferred income | 492/3 | €501,149 | €361,303 | -€139,847 | -27.9% |
| Remuneration, social security and pensions | 62 | €38,065 | €47,272 | +€9,207 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,881 | €3,431 | +€550 | +19.1% |
| Other operating charges | 640/8 | €1,907 | €1,206 | -€701 | -36.8% |
| Gross operating margin | 9900 | €123,945 | €187,851 | +€63,907 | +51.6% |
| Operating profit (loss) | 9901 | €81,092 | €135,942 | +€54,850 | +67.6% |
| Financial charges | 65/66B | €713 | €79 | -€634 | -88.9% |
| Recurring financial charges | 65 | €713 | €79 | -€634 | -88.9% |
| Profit (loss) for the period before taxes | 9903 | €80,378 | €135,863 | +€55,484 | +69.0% |
| Income taxes | 67/77 | €26,976 | €44,128 | +€17,153 | +63.6% |
| Profit (loss) for the period | 9904 | €53,403 | €91,734 | +€38,332 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,403 | €91,734 | +€38,332 | +71.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.