PIDOU: 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.
PIDOU
Largest movements
- Tangible fixed assets -€8,460
down €8,460 (-1.1%), from €746,766 to €738,306
of which Land and buildings: -€7,364
- Debts after one year -€40,129
down €40,129 (-5.6%), from €719,113 to €678,984
of which Financial debts: -€32,538
- Trade debts +€11,393
up €11,393 (+366.3%), from €3,110 to €14,503
- Other debts +€9,977
up €9,977 (+59.0%), from €16,907 to €26,884
- Profit (loss) carried forward +€7,814
up €7,814 (+15.9%), from -€49,010 to -€41,197
- Gross operating margin +€5,336
up €5,336 (+9.2%), from €57,830 to €63,166
- Depreciation -€1,564
down €1,564 (-3.8%), from €40,988 to €39,424
- Other operating charges +€1,210
up €1,210 (+49.6%), from €2,441 to €3,652
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 | €752,135 | €741,591 | -€10,544 | -1.4% |
| Fixed assets | 21/28 | €746,766 | €738,306 | -€8,460 | -1.1% |
| Tangible fixed assets | 22/27 | €746,766 | €738,306 | -€8,460 | -1.1% |
| Land and buildings | 22 | €741,282 | €733,918 | -€7,364 | -1.0% |
| Furniture and vehicles | 24 | €5,483 | €4,387 | -€1,096 | -20.0% |
| Current assets | 29/58 | €5,370 | €3,286 | -€2,084 | -38.8% |
| Amounts receivable within one year | 40/41 | €2,745 | €657 | -€2,088 | -76.1% |
| Trade receivables | 40 | €1,737 | €657 | -€1,080 | -62.2% |
| Other amounts receivable | 41 | €1,008 | - | -€1,008 | |
| Cash at bank and in hand | 54/58 | €1,127 | €1,065 | -€62 | -5.5% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,563 | +€66 | +4.4% |
| Total equity and liabilities | 10/49 | €752,135 | €741,591 | -€10,544 | -1.4% |
| Equity | 10/15 | -€24,010 | -€16,197 | +€7,814 | +32.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,010 | -€41,197 | +€7,814 | +15.9% |
| Amounts payable | 17/49 | €776,146 | €757,788 | -€18,358 | -2.4% |
| Amounts payable after more than one year | 17 | €719,113 | €678,984 | -€40,129 | -5.6% |
| Financial debts | 170/4 | €499,328 | €466,790 | -€32,538 | -6.5% |
| Other amounts payable | 178/9 | €219,786 | €212,194 | -€7,592 | -3.5% |
| Amounts payable within one year | 42/48 | €51,963 | €73,928 | +€21,965 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €31,946 | €32,538 | +€592 | +1.9% |
| Trade debts | 44 | €3,110 | €14,503 | +€11,393 | +366.3% |
| Suppliers | 440/4 | €3,110 | €14,503 | +€11,393 | +366.3% |
| Taxes, remuneration and social security | 45 | - | €3 | +€3 | |
| Taxes | 450/3 | - | €3 | +€3 | |
| Other amounts payable | 47/48 | €16,907 | €26,884 | +€9,977 | +59.0% |
| Accrued charges and deferred income | 492/3 | €5,069 | €4,876 | -€193 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,988 | €39,424 | -€1,564 | -3.8% |
| Other operating charges | 640/8 | €2,441 | €3,652 | +€1,210 | +49.6% |
| Non-recurring operating charges | 66A | €703 | - | -€703 | |
| Gross operating margin | 9900 | €57,830 | €63,166 | +€5,336 | +9.2% |
| Operating profit (loss) | 9901 | €13,698 | €20,091 | +€6,393 | +46.7% |
| Financial charges | 65/66B | €12,763 | €12,277 | -€486 | -3.8% |
| Recurring financial charges | 65 | €12,763 | €12,277 | -€486 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €935 | €7,814 | +€6,879 | +735.9% |
| Profit (loss) for the period | 9904 | €935 | €7,814 | +€6,879 | +735.9% |
| Profit (loss) for the period to be appropriated | 9905 | €935 | €7,814 | +€6,879 | +735.9% |
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 10 October 2026 via checked.be.