PiBa: 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.
PiBa
Largest movements
- Cash +€43,104
up €43,104 (+848.9%), from €5,078 to €48,182
mainly Depreciation (+€30,501) and Net result for the year (+€20,245)
- Tangible fixed assets -€28,751
down €28,751 (-7.1%), from €402,134 to €373,382
of which Other tangible fixed assets: -€16,069
- Receivables within one year -€5,600
down €5,600 (-91.1%), from €6,144 to €544
of which Trade receivables: -€5,895
- Debts after one year -€30,066
down €30,066 (-9.3%), from €324,996 to €294,931
- Reserves +€20,245
up €20,245 (+53.5%), from €37,834 to €58,079
of which Distributable reserves: +€20,245
- Other debts +€15,058
new in 2025: €15,058
- Tax, wage and social debts +€6,793
up €6,793 (+75.5%), from €9,000 to €15,793
- Gross operating margin +€56,795
up €56,795 (+161.5%), from €35,157 to €91,952
- Staff costs +€19,818
new in 2025: €19,818
- Taxes +€6,374
new in 2025: €6,374
- Financial charges +€2,517
up €2,517 (+22.6%), from €11,156 to €13,673
- Depreciation -€1,806
down €1,806 (-5.6%), from €32,307 to €30,501
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 | €413,356 | €423,011 | +€9,656 | +2.3% |
| Fixed assets | 21/28 | €402,134 | €373,382 | -€28,751 | -7.1% |
| Tangible fixed assets | 22/27 | €402,134 | €373,382 | -€28,751 | -7.1% |
| Land and buildings | 22 | €171,726 | €165,726 | -€6,000 | -3.5% |
| Plant, machinery and equipment | 23 | €24,867 | €18,871 | -€5,996 | -24.1% |
| Furniture and vehicles | 24 | €1,221 | €534 | -€687 | -56.3% |
| Other tangible fixed assets | 26 | €204,320 | €188,251 | -€16,069 | -7.9% |
| Current assets | 29/58 | €11,222 | €49,629 | +€38,407 | +342.2% |
| Amounts receivable within one year | 40/41 | €6,144 | €544 | -€5,600 | -91.1% |
| Trade receivables | 40 | €5,895 | - | -€5,895 | |
| Other amounts receivable | 41 | €249 | €544 | +€295 | +118.4% |
| Cash at bank and in hand | 54/58 | €5,078 | €48,182 | +€43,104 | +848.9% |
| Deferred charges and accrued income | 490/1 | - | €903 | +€903 | |
| Total equity and liabilities | 10/49 | €413,356 | €423,011 | +€9,656 | +2.3% |
| Equity | 10/15 | €44,034 | €64,279 | +€20,245 | +46.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,834 | €58,079 | +€20,245 | +53.5% |
| Non-distributable reserves | 130/1 | €565 | €565 | = | 0.0% |
| Reserves not available under the articles | 1311 | €565 | €565 | = | 0.0% |
| Distributable reserves | 133 | €37,269 | €57,514 | +€20,245 | +54.3% |
| Amounts payable | 17/49 | €369,321 | €358,732 | -€10,589 | -2.9% |
| Amounts payable after more than one year | 17 | €324,996 | €294,931 | -€30,066 | -9.3% |
| Financial debts | 170/4 | €324,996 | €294,931 | -€30,066 | -9.3% |
| Amounts payable within one year | 42/48 | €44,325 | €63,802 | +€19,477 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €30,607 | €30,159 | -€447 | -1.5% |
| Trade debts | 44 | €4,719 | €2,791 | -€1,927 | -40.8% |
| Suppliers | 440/4 | €4,719 | €2,791 | -€1,927 | -40.8% |
| Taxes, remuneration and social security | 45 | €9,000 | €15,793 | +€6,793 | +75.5% |
| Taxes | 450/3 | €9,000 | €15,793 | +€6,793 | +75.5% |
| Other amounts payable | 47/48 | - | €15,058 | +€15,058 | |
| Remuneration, social security and pensions | 62 | - | €19,818 | +€19,818 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,307 | €30,501 | -€1,806 | -5.6% |
| Other operating charges | 640/8 | €2,188 | €2,055 | -€133 | -6.1% |
| Gross operating margin | 9900 | €35,157 | €91,952 | +€56,795 | +161.5% |
| Operating profit (loss) | 9901 | €662 | €39,578 | +€38,916 | +5880.8% |
| Financial income | 75/76B | €290 | €714 | +€424 | +146.0% |
| Recurring financial income | 75 | €290 | €714 | +€424 | +146.0% |
| Financial charges | 65/66B | €11,156 | €13,673 | +€2,517 | +22.6% |
| Recurring financial charges | 65 | €11,156 | €13,673 | +€2,517 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,204 | €26,619 | +€36,823 | |
| Income taxes | 67/77 | - | €6,374 | +€6,374 | |
| Profit (loss) for the period | 9904 | -€10,204 | €20,245 | +€30,449 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,204 | €20,245 | +€30,449 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.