PIECK-WILUDA: what changed
What changed
PIECK-WILUDA
filed annual accounts (NBB)
Net result for the year
-€35,806
2024 · -€42,384+€6,578
Equity
€352,708
2024 · €388,514-€35,806
Cash
€1,501
2024 · €2,170-€669
Balance sheet total
€730,488
2024 · €788,760-€58,273
Largest movements
Assets
- Tangible fixed assets -€57,751
down €57,751 (-7.3%), from €785,901 to €728,150
of which Land and buildings: -€52,795
Equity and liabilities
- Profit (loss) carried forward -€28,121
down €28,121 (-10.8%), from €259,600 to €231,479
- Other debts -€15,062
down €15,062 (-4.2%), from €360,191 to €345,129
Income statement
- Gross operating margin +€8,182
up €8,182 (+31.4%), from €26,088 to €34,270
- Other operating charges +€1,958
up €1,958 (+16.6%), from €11,778 to €13,736
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€42,384
Gross operating margin
+€8,182
Depreciation
+€92
Other operating charges
-€1,958
Financial income
+€62
Financial charges
+€10
Taxes
-€3
Deferred taxes and other
+€194
Result 2025
-€35,806
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€330
Investment
-€999
Financing
€0
Cash 2024
€2,170
From operations (derived)
+€330
Net result for the year
-€35,806
Depreciation
+€58,750
Deferred charges and accrued income
-€148
Provisions
-€2,562
Trade debts
-€4,806
Tax, wage and social debts
-€37
Other debts
-€15,062
Investment (derived)
-€999
Investment in fixed assets (net)
-€999
Cash 2025
€1,501
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €788,760 | €730,488 | -€58,273 | -7.4% |
| Fixed assets | 21/28 | €785,901 | €728,150 | -€57,751 | -7.3% |
| Tangible fixed assets | 22/27 | €785,901 | €728,150 | -€57,751 | -7.3% |
| Land and buildings | 22 | €768,240 | €715,445 | -€52,795 | -6.9% |
| Plant, machinery and equipment | 23 | €12,833 | €10,203 | -€2,630 | -20.5% |
| Furniture and vehicles | 24 | €4,828 | €2,501 | -€2,327 | -48.2% |
| Current assets | 29/58 | €2,859 | €2,338 | -€521 | -18.2% |
| Cash at bank and in hand | 54/58 | €2,170 | €1,501 | -€669 | -30.8% |
| Deferred charges and accrued income | 490/1 | €689 | €837 | +€148 | +21.5% |
| Total equity and liabilities | 10/49 | €788,760 | €730,488 | -€58,273 | -7.4% |
| Equity | 10/15 | €388,514 | €352,708 | -€35,806 | -9.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,914 | €116,229 | -€7,685 | -6.2% |
| Tax-exempt reserves | 132 | €92,542 | €84,858 | -€7,685 | -8.3% |
| Distributable reserves | 133 | €31,371 | €31,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,600 | €231,479 | -€28,121 | -10.8% |
| Provisions and deferred taxes | 16 | €30,847 | €28,286 | -€2,562 | -8.3% |
| Deferred taxes | 168 | €30,847 | €28,286 | -€2,562 | -8.3% |
| Amounts payable | 17/49 | €369,399 | €349,494 | -€19,905 | -5.4% |
| Amounts payable within one year | 42/48 | €369,399 | €349,494 | -€19,905 | -5.4% |
| Trade debts | 44 | €8,909 | €4,103 | -€4,806 | -53.9% |
| Suppliers | 440/4 | €8,909 | €4,103 | -€4,806 | -53.9% |
| Taxes, remuneration and social security | 45 | €299 | €262 | -€37 | -12.4% |
| Taxes | 450/3 | €299 | €262 | -€37 | -12.4% |
| Other amounts payable | 47/48 | €360,191 | €345,129 | -€15,062 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,842 | €58,750 | -€92 | -0.2% |
| Other operating charges | 640/8 | €11,778 | €13,736 | +€1,958 | +16.6% |
| Gross operating margin | 9900 | €26,088 | €34,270 | +€8,182 | +31.4% |
| Operating profit (loss) | 9901 | -€44,532 | -€38,217 | +€6,315 | +14.2% |
| Financial income | 75/76B | €23 | €85 | +€62 | +273% |
| Recurring financial income | 75 | €23 | €85 | +€62 | +273% |
| Financial charges | 65/66B | €145 | €136 | -€10 | -6.5% |
| Recurring financial charges | 65 | €145 | €136 | -€10 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,654 | -€38,267 | +€6,387 | +14.3% |
| Transfer from deferred taxes | 780 | €2,367 | €2,562 | +€194 | +8.2% |
| Income taxes | 67/77 | €98 | €101 | +€3 | +2.9% |
| Profit (loss) for the period | 9904 | -€42,384 | -€35,806 | +€6,578 | +15.5% |
| Transfer from tax-exempt reserves | 789 | €7,102 | €7,685 | +€582 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,282 | -€28,121 | +€7,161 | +20.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.