PIËDESTAL: 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.
PIËDESTAL
Largest movements
- Cash +€7,062
new in 2024: €7,062
mainly Depreciation (+€8,354) and Receivables within one year (+€5,621)
- Receivables within one year -€5,621
down €5,621 (-59.9%), from €9,388 to €3,767
of which Trade receivables: -€3,701
- Intangible fixed assets -€5,000
down €5,000 (-30.8%), from €16,233 to €11,233
- Current investments -€2,338
no longer reported in 2024 (was €2,338)
- Tangible fixed assets -€1,736
down €1,736 (-22.8%), from €7,611 to €5,875
of which Furniture and vehicles: -€1,699
- Other debts -€16,984
down €16,984 (-48.1%), from €35,281 to €18,297
- Advances received +€5,500
new in 2024: €5,500
- Profit (loss) carried forward +€3,642
up €3,642 (+23.7%), from -€15,392 to -€11,750
- Trade debts +€705
up €705 (+4.5%), from €15,601 to €16,306
- Tax, wage and social debts -€435
down €435 (-67.4%), from €645 to €210
- Staff costs -€26,044
down €26,044 (-81.9%), from €31,809 to €5,765
- Gross operating margin -€12,469
down €12,469 (-40.3%), from €30,942 to €18,473
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,135 | €33,563 | -€7,572 | -18.4% |
| Fixed assets | 21/28 | €23,844 | €17,108 | -€6,736 | -28.3% |
| Intangible fixed assets | 21 | €16,233 | €11,233 | -€5,000 | -30.8% |
| Tangible fixed assets | 22/27 | €7,611 | €5,875 | -€1,736 | -22.8% |
| Plant, machinery and equipment | 23 | €5,237 | €5,200 | -€37 | -0.7% |
| Furniture and vehicles | 24 | €2,374 | €675 | -€1,699 | -71.6% |
| Current assets | 29/58 | €17,291 | €16,455 | -€836 | -4.8% |
| Stocks and contracts in progress | 3 | €4,391 | €5,500 | +€1,109 | +25.3% |
| Stocks | 30/36 | €4,391 | €5,500 | +€1,109 | +25.3% |
| Amounts receivable within one year | 40/41 | €9,388 | €3,767 | -€5,621 | -59.9% |
| Trade receivables | 40 | €5,891 | €2,190 | -€3,701 | -62.8% |
| Other amounts receivable | 41 | €3,497 | €1,577 | -€1,920 | -54.9% |
| Current investments | 50/53 | €2,338 | - | -€2,338 | |
| Cash at bank and in hand | 54/58 | - | €7,062 | +€7,062 | |
| Deferred charges and accrued income | 490/1 | €1,174 | €126 | -€1,048 | -89.3% |
| Total equity and liabilities | 10/49 | €41,135 | €33,563 | -€7,572 | -18.4% |
| Equity | 10/15 | -€10,392 | -€6,750 | +€3,642 | +35.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,392 | -€11,750 | +€3,642 | +23.7% |
| Amounts payable | 17/49 | €51,527 | €40,313 | -€11,214 | -21.8% |
| Amounts payable within one year | 42/48 | €51,527 | €40,313 | -€11,214 | -21.8% |
| Trade debts | 44 | €15,601 | €16,306 | +€705 | +4.5% |
| Suppliers | 440/4 | €15,601 | €16,306 | +€705 | +4.5% |
| Advances received on contracts in progress | 46 | - | €5,500 | +€5,500 | |
| Taxes, remuneration and social security | 45 | €645 | €210 | -€435 | -67.4% |
| Remuneration and social security | 454/9 | €645 | €210 | -€435 | -67.4% |
| Other amounts payable | 47/48 | €35,281 | €18,297 | -€16,984 | -48.1% |
| Remuneration, social security and pensions | 62 | €31,809 | €5,765 | -€26,044 | -81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,047 | €8,354 | +€307 | +3.8% |
| Other operating charges | 640/8 | €265 | €558 | +€293 | +111% |
| Gross operating margin | 9900 | €30,942 | €18,473 | -€12,469 | -40.3% |
| Operating profit (loss) | 9901 | -€9,179 | €3,796 | +€12,975 | |
| Financial income | 75/76B | €6 | €14 | +€8 | +133% |
| Recurring financial income | 75 | €6 | €14 | +€8 | +133% |
| Financial charges | 65/66B | €262 | €168 | -€94 | -35.9% |
| Recurring financial charges | 65 | €262 | €168 | -€94 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,435 | €3,642 | +€13,077 | |
| Profit (loss) for the period | 9904 | -€9,435 | €3,642 | +€13,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,435 | €3,642 | +€13,077 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.