PIED MANI: 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.
PIED MANI
Largest movements
- Cash +€8,699
up €8,699 (+290.0%), from €3,000 to €11,699
mainly Receivables after one year (+€7,656) and Net result for the year (+€5,754)
- Receivables after one year -€7,656
down €7,656 (-96.2%), from €7,956 to €300
- Receivables within one year +€5,876
new in 2025: €5,876
of which Other amounts receivable: +€5,531
- Stocks and contracts +€565
new in 2025: €565
- Reserves +€5,754
up €5,754 (+115.3%), from €4,989 to €10,743
- Tax, wage and social debts +€1,731
up €1,731 (+103.9%), from €1,666 to €3,397
- Gross operating margin +€882
up €882 (+13.1%), from €6,718 to €7,599
- Financial income +€605
new in 2025: €605
- Other operating charges +€400
up €400 (+644.7%), from €62 to €462
- Financial charges +€257
new in 2025: €257
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 | €10,956 | €18,439 | +€7,484 | +68.3% |
| Current assets | 29/58 | €10,956 | €18,439 | +€7,484 | +68.3% |
| Amounts receivable after more than one year | 29 | €7,956 | €300 | -€7,656 | -96.2% |
| Other amounts receivable | 291 | €7,956 | €300 | -€7,656 | -96.2% |
| Stocks and contracts in progress | 3 | - | €565 | +€565 | |
| Stocks | 30/36 | - | €565 | +€565 | |
| Amounts receivable within one year | 40/41 | - | €5,876 | +€5,876 | |
| Trade receivables | 40 | - | €346 | +€346 | |
| Other amounts receivable | 41 | - | €5,531 | +€5,531 | |
| Cash at bank and in hand | 54/58 | €3,000 | €11,699 | +€8,699 | +290.0% |
| Total equity and liabilities | 10/49 | €10,956 | €18,439 | +€7,484 | +68.3% |
| Equity | 10/15 | €7,989 | €13,743 | +€5,754 | +72.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,989 | €10,743 | +€5,754 | +115.3% |
| Distributable reserves | 133 | €4,989 | €10,743 | +€5,754 | +115.3% |
| Amounts payable | 17/49 | €2,966 | €4,696 | +€1,730 | +58.3% |
| Amounts payable within one year | 42/48 | €2,966 | €4,696 | +€1,730 | +58.3% |
| Trade debts | 44 | €1,300 | €1,299 | -€1 | -0.1% |
| Suppliers | 440/4 | €1,300 | €1,299 | -€1 | -0.1% |
| Taxes, remuneration and social security | 45 | €1,666 | €3,397 | +€1,731 | +103.9% |
| Taxes | 450/3 | €1,666 | €3,397 | +€1,731 | +103.9% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +644.7% |
| Gross operating margin | 9900 | €6,718 | €7,599 | +€882 | +13.1% |
| Operating profit (loss) | 9901 | €6,656 | €7,137 | +€482 | +7.2% |
| Financial income | 75/76B | - | €605 | +€605 | |
| Recurring financial income | 75 | - | €605 | +€605 | |
| Financial charges | 65/66B | - | €257 | +€257 | |
| Recurring financial charges | 65 | - | €257 | +€257 | |
| Profit (loss) for the period before taxes | 9903 | €6,656 | €7,485 | +€829 | +12.5% |
| Income taxes | 67/77 | €1,666 | €1,731 | +€65 | +3.9% |
| Profit (loss) for the period | 9904 | €4,989 | €5,754 | +€764 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,989 | €5,754 | +€764 | +15.3% |
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.