PIEMONTE PURO: 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.
PIEMONTE PURO
Largest movements
- Current investments +€50,000
up €50,000 (+50,000%), from €100 to €50,100
- Cash -€44,496
down €44,496 (-65.5%), from €67,914 to €23,418
mainly Current investments (-€50,000) and Debts after one year (-€7,756)
- Tangible fixed assets -€3,387
down €3,387 (-69.2%), from €4,897 to €1,510
of which Furniture and vehicles: -€4,897
- Receivables within one year -€3,314
down €3,314 (-17.4%), from €19,077 to €15,763
of which Trade receivables: -€3,383
- Debts after one year -€7,756
down €7,756 (-32.8%), from €23,677 to €15,921
- Profit (loss) carried forward +€4,232
up €4,232 (+11.8%), from -€35,791 to -€31,559
- Tax, wage and social debts +€1,120
up €1,120 (+115%), from €974 to €2,094
- Gross operating margin -€21,938
down €21,938 (-72.9%), from €30,112 to €8,174
- Financial charges -€5,263
down €5,263 (-89.7%), from €5,868 to €605
of which Non-recurring financial charges: -€5,000
- Depreciation -€597
down €597 (-37.8%), from €1,580 to €983
- Taxes -€502
down €502 (-60.1%), from €835 to €333
- Other operating charges -€326
down €326 (-20.6%), from €1,588 to €1,262
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 | €93,694 | €92,218 | -€1,476 | -1.6% |
| Fixed assets | 21/28 | €4,897 | €1,510 | -€3,387 | -69.2% |
| Tangible fixed assets | 22/27 | €4,897 | €1,510 | -€3,387 | -69.2% |
| Plant, machinery and equipment | 23 | €0 | €1,510 | +€1,510 | |
| Furniture and vehicles | 24 | €4,897 | €0 | -€4,897 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €88,797 | €90,708 | +€1,911 | +2.2% |
| Amounts receivable within one year | 40/41 | €19,077 | €15,763 | -€3,314 | -17.4% |
| Trade receivables | 40 | €18,314 | €14,931 | -€3,383 | -18.5% |
| Other amounts receivable | 41 | €763 | €832 | +€69 | +9.0% |
| Current investments | 50/53 | €100 | €50,100 | +€50,000 | +50,000% |
| Cash at bank and in hand | 54/58 | €67,914 | €23,418 | -€44,496 | -65.5% |
| Deferred charges and accrued income | 490/1 | €1,706 | €1,427 | -€279 | -16.3% |
| Total equity and liabilities | 10/49 | €93,694 | €92,218 | -€1,476 | -1.6% |
| Equity | 10/15 | €52,809 | €57,041 | +€4,232 | +8.0% |
| Contributions | 10/11 | €88,600 | €88,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,791 | -€31,559 | +€4,232 | +11.8% |
| Amounts payable | 17/49 | €40,885 | €35,177 | -€5,708 | -14.0% |
| Amounts payable after more than one year | 17 | €23,677 | €15,921 | -€7,756 | -32.8% |
| Financial debts | 170/4 | €23,677 | €15,921 | -€7,756 | -32.8% |
| Amounts payable within one year | 42/48 | €17,208 | €19,256 | +€2,048 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €7,622 | €7,756 | +€133 | +1.8% |
| Financial debts | 43 | €1 | €1 | = | 0.0% |
| Credit institutions | 430/8 | €1 | €1 | = | 0.0% |
| Trade debts | 44 | €4,395 | €5,286 | +€891 | +20.3% |
| Suppliers | 440/4 | €4,395 | €5,286 | +€891 | +20.3% |
| Advances received on contracts in progress | 46 | - | €80 | +€80 | |
| Taxes, remuneration and social security | 45 | €974 | €2,094 | +€1,120 | +115% |
| Taxes | 450/3 | €974 | €2,094 | +€1,120 | +115% |
| Other amounts payable | 47/48 | €4,216 | €4,040 | -€176 | -4.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €4,818 | +€4,818 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,580 | €983 | -€597 | -37.8% |
| Other operating charges | 640/8 | €1,588 | €1,262 | -€326 | -20.6% |
| Non-recurring operating charges | 66A | - | €760 | +€760 | |
| Gross operating margin | 9900 | €30,112 | €8,174 | -€21,938 | -72.9% |
| Operating profit (loss) | 9901 | €26,943 | €5,170 | -€21,774 | -80.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,868 | €605 | -€5,263 | -89.7% |
| Recurring financial charges | 65 | €868 | €605 | -€263 | -30.3% |
| Non-recurring financial charges | 66B | €5,000 | €0 | -€5,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | €21,076 | €4,565 | -€16,511 | -78.3% |
| Income taxes | 67/77 | €835 | €333 | -€502 | -60.1% |
| Profit (loss) for the period | 9904 | €20,240 | €4,232 | -€16,009 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,240 | €4,232 | -€16,009 | -79.1% |
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 28 October 2026 via checked.be.