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PI HOME: 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.

What changed

PI HOME

BE 0787.441.644
NACE 46.839, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,195
2024 · €10,997-€20,192
Equity
€4,802
2024 · €13,997-€9,195
Cash
€6,076
2024 · €36,070-€29,994
Balance sheet total
€44,191
2024 · €62,118-€17,927

Largest movements

2024 to 2025
Assets
  • Cash -€29,994

    down €29,994 (-83.2%), from €36,070 to €6,076

    mainly Investment in fixed assets (net) (-€12,066) and Net result for the year (-€9,195)

  • Tangible fixed assets +€12,066

    up €12,066 (+46.3%), from €26,049 to €38,115

Equity and liabilities
  • Profit (loss) carried forward -€9,195

    down €9,195 (-83.6%), from €10,997 to €1,802

  • Other debts -€8,732

    down €8,732 (-18.1%), from €48,121 to €39,389

Income statement
  • Turnover -€20,661

    no longer reported in 2025 (was €20,661)

  • Gross operating margin -€20,086

    down €20,086, from €11,197 to -€8,889

  • Purchases and services -€575

    down €575 (-6.1%), from €9,464 to €8,889

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €10,997
Gross operating margin -€20,086
Other operating charges -€106
Result 2025 -€9,195
lowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€17,927
Investment -€12,066
Financing €0
Cash 2024 €36,070
Net result for the year -€9,195
Other debts -€8,732
Investment in fixed assets (net) -€12,066
Cash 2025 €6,076
takes cash out
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €62,118 €44,191 -€17,927 -28.9%
Fixed assets 21/28 €26,049 €38,115 +€12,066 +46.3%
Tangible fixed assets 22/27 €26,049 €38,115 +€12,066 +46.3%
Land and buildings 22 €26,049 €38,115 +€12,066 +46.3%
Current assets 29/58 €36,070 €6,076 -€29,994 -83.2%
Amounts receivable within one year 40/41 €0 - =
Trade receivables 40 €0 - =
Cash at bank and in hand 54/58 €36,070 €6,076 -€29,994 -83.2%
Total equity and liabilities 10/49 €62,118 €44,191 -€17,927 -28.9%
Equity 10/15 €13,997 €4,802 -€9,195 -65.7%
Contributions 10/11 €3,000 €3,000 = 0.0%
Capital 10 €3,000 €3,000 = 0.0%
Issued capital 100 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €10,997 €1,802 -€9,195 -83.6%
Amounts payable 17/49 €48,121 €39,389 -€8,732 -18.1%
Amounts payable within one year 42/48 €48,121 €39,389 -€8,732 -18.1%
Other amounts payable 47/48 €48,121 €39,389 -€8,732 -18.1%
Turnover 70 €20,661 - -€20,661
Goods, raw materials, services and sundry goods 60/61 €9,464 €8,889 -€575 -6.1%
Other operating charges 640/8 €200 €306 +€106 +53.2%
Gross operating margin 9900 €11,197 -€8,889 -€20,086
Operating profit (loss) 9901 €10,997 -€9,195 -€20,192
Profit (loss) for the period before taxes 9903 €10,997 -€9,195 -€20,192
Profit (loss) for the period 9904 €10,997 -€9,195 -€20,192
Profit (loss) for the period to be appropriated 9905 €10,997 -€9,195 -€20,192

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 13 October 2026 via checked.be.