Piba79: 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.
Piba79
Largest movements
- Receivables within one year +€49,808
up €49,808 (+180%), from €27,704 to €77,512
of which Trade receivables: +€49,827
- Current investments +€35,002
up €35,002 (+14,001%), from €250 to €35,252
- Cash -€12,727
down €12,727 (-12.0%), from €105,777 to €93,050
mainly Receivables within one year (-€49,808) and Current investments (-€35,002)
- Tangible fixed assets +€10,043
up €10,043 (+2.3%), from €441,009 to €451,052
of which Furniture and vehicles: +€15,327
- Reserves +€58,100
up €58,100 (+36.4%), from €159,450 to €217,550
- Tax, wage and social debts +€12,713
up €12,713 (+68.2%), from €18,637 to €31,350
of which Taxes: +€12,491
- Gross operating margin +€73,453
up €73,453 (+74.5%), from €98,614 to €172,066
- Taxes +€20,269
up €20,269 (+786%), from €2,580 to €22,849
- Other operating charges +€9,675
up €9,675 (+922%), from €1,050 to €10,724
- Depreciation -€8,907
down €8,907 (-30.8%), from €28,939 to €20,032
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 | €576,927 | €657,516 | +€80,589 | +14.0% |
| Fixed assets | 21/28 | €441,009 | €451,052 | +€10,043 | +2.3% |
| Tangible fixed assets | 22/27 | €441,009 | €451,052 | +€10,043 | +2.3% |
| Plant, machinery and equipment | 23 | €8,947 | €6,182 | -€2,765 | -30.9% |
| Furniture and vehicles | 24 | €40,510 | €55,837 | +€15,327 | +37.8% |
| Other tangible fixed assets | 26 | €391,551 | €389,032 | -€2,519 | -0.6% |
| Current assets | 29/58 | €135,919 | €206,465 | +€70,546 | +51.9% |
| Amounts receivable within one year | 40/41 | €27,704 | €77,512 | +€49,808 | +180% |
| Trade receivables | 40 | €23,534 | €73,361 | +€49,827 | +212% |
| Other amounts receivable | 41 | €4,170 | €4,151 | -€19 | -0.5% |
| Current investments | 50/53 | €250 | €35,252 | +€35,002 | +14,001% |
| Cash at bank and in hand | 54/58 | €105,777 | €93,050 | -€12,727 | -12.0% |
| Deferred charges and accrued income | 490/1 | €2,188 | €651 | -€1,536 | -70.2% |
| Total equity and liabilities | 10/49 | €576,927 | €657,516 | +€80,589 | +14.0% |
| Equity | 10/15 | €161,607 | €219,751 | +€58,144 | +36.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €159,450 | €217,550 | +€58,100 | +36.4% |
| Distributable reserves | 133 | €159,450 | €217,550 | +€58,100 | +36.4% |
| Profit (loss) carried forward | 14 | €157 | €201 | +€44 | +28.1% |
| Amounts payable | 17/49 | €415,321 | €437,766 | +€22,445 | +5.4% |
| Amounts payable after more than one year | 17 | €296,809 | €302,857 | +€6,048 | +2.0% |
| Financial debts | 170/4 | €296,809 | €302,857 | +€6,048 | +2.0% |
| Amounts payable within one year | 42/48 | €113,906 | €130,330 | +€16,424 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €31,949 | €30,455 | -€1,495 | -4.7% |
| Trade debts | 44 | €1,225 | €1,287 | +€62 | +5.1% |
| Suppliers | 440/4 | €1,225 | €1,287 | +€62 | +5.1% |
| Taxes, remuneration and social security | 45 | €18,637 | €31,350 | +€12,713 | +68.2% |
| Taxes | 450/3 | €12,400 | €24,890 | +€12,491 | +101% |
| Remuneration and social security | 454/9 | €6,237 | €6,460 | +€223 | +3.6% |
| Other amounts payable | 47/48 | €62,095 | €67,238 | +€5,143 | +8.3% |
| Accrued charges and deferred income | 492/3 | €4,606 | €4,578 | -€27 | -0.6% |
| Remuneration, social security and pensions | 62 | €46,670 | €46,514 | -€155 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,939 | €20,032 | -€8,907 | -30.8% |
| Other operating charges | 640/8 | €1,050 | €10,724 | +€9,675 | +922% |
| Gross operating margin | 9900 | €98,614 | €172,066 | +€73,453 | +74.5% |
| Operating profit (loss) | 9901 | €21,956 | €94,796 | +€72,840 | +332% |
| Financial income | 75/76B | €52 | €2 | -€50 | -97.1% |
| Recurring financial income | 75 | €52 | €2 | -€50 | -97.1% |
| Financial charges | 65/66B | €14,122 | €13,804 | -€318 | -2.3% |
| Recurring financial charges | 65 | €14,122 | €13,804 | -€318 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €7,885 | €80,993 | +€73,108 | +927% |
| Income taxes | 67/77 | €2,580 | €22,849 | +€20,269 | +786% |
| Profit (loss) for the period | 9904 | €5,305 | €58,144 | +€52,839 | +996% |
| Profit (loss) for the period to be appropriated | 9905 | €5,305 | €58,144 | +€52,839 | +996% |
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 23 October 2026 via checked.be.