PIENTERECODE: 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.
PIENTERECODE
Largest movements
- Cash +€15,421
up €15,421 (+32.8%), from €46,948 to €62,369
mainly Net result for the year (+€35,261) and Depreciation (+€2,307)
- Receivables within one year +€14,296
up €14,296 (+111%), from €12,916 to €27,212
of which Trade receivables: +€13,953
- Deferred charges and accrued income +€2,584
up €2,584 (+218%), from €1,187 to €3,771
- Tangible fixed assets -€2,307
down €2,307 (-29.4%), from €7,838 to €5,531
- Reserves +€34,000
up €34,000 (+72.3%), from €47,000 to €81,000
- Tax, wage and social debts -€4,806
down €4,806 (-51.3%), from €9,365 to €4,559
- Trade debts +€1,223
up €1,223 (+462%), from €265 to €1,488
- Turnover -€39,168
down €39,168 (-24.0%), from €163,043 to €123,875
- Purchases and services -€23,726
down €23,726 (-24.0%), from €98,917 to €75,191
- Gross operating margin -€15,441
down €15,441 (-24.1%), from €64,125 to €48,684
- Taxes -€3,001
down €3,001 (-24.9%), from €12,058 to €9,057
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 | €68,890 | €98,883 | +€29,993 | +43.5% |
| Fixed assets | 21/28 | €7,838 | €5,531 | -€2,307 | -29.4% |
| Tangible fixed assets | 22/27 | €7,838 | €5,531 | -€2,307 | -29.4% |
| Plant, machinery and equipment | 23 | €1,648 | €1,259 | -€388 | -23.6% |
| Furniture and vehicles | 24 | €2,294 | €1,223 | -€1,071 | -46.7% |
| Other tangible fixed assets | 26 | €3,897 | €3,049 | -€848 | -21.8% |
| Current assets | 29/58 | €61,051 | €93,352 | +€32,301 | +52.9% |
| Amounts receivable within one year | 40/41 | €12,916 | €27,212 | +€14,296 | +111% |
| Trade receivables | 40 | €11,306 | €25,259 | +€13,953 | +123% |
| Other amounts receivable | 41 | €1,610 | €1,953 | +€343 | +21.3% |
| Cash at bank and in hand | 54/58 | €46,948 | €62,369 | +€15,421 | +32.8% |
| Deferred charges and accrued income | 490/1 | €1,187 | €3,771 | +€2,584 | +218% |
| Total equity and liabilities | 10/49 | €68,890 | €98,883 | +€29,993 | +43.5% |
| Equity | 10/15 | €57,510 | €91,938 | +€34,428 | +59.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €47,000 | €81,000 | +€34,000 | +72.3% |
| Distributable reserves | 133 | €47,000 | €81,000 | +€34,000 | +72.3% |
| Profit (loss) carried forward | 14 | €510 | €938 | +€428 | +83.9% |
| Amounts payable | 17/49 | €11,380 | €6,945 | -€4,435 | -39.0% |
| Amounts payable within one year | 42/48 | €11,316 | €6,879 | -€4,437 | -39.2% |
| Trade debts | 44 | €265 | €1,488 | +€1,223 | +462% |
| Suppliers | 440/4 | €265 | €1,488 | +€1,223 | +462% |
| Taxes, remuneration and social security | 45 | €9,365 | €4,559 | -€4,806 | -51.3% |
| Taxes | 450/3 | €9,365 | €4,559 | -€4,806 | -51.3% |
| Other amounts payable | 47/48 | €1,687 | €833 | -€854 | -50.6% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Turnover | 70 | €163,043 | €123,875 | -€39,168 | -24.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €98,917 | €75,191 | -€23,726 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €2,307 | +€751 | +48.3% |
| Other operating charges | 640/8 | €35 | €184 | +€149 | +426% |
| Gross operating margin | 9900 | €64,125 | €48,684 | -€15,441 | -24.1% |
| Operating profit (loss) | 9901 | €62,534 | €46,193 | -€16,341 | -26.1% |
| Financial income | 75/76B | €7 | €0 | -€7 | -96.9% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -96.9% |
| Financial charges | 65/66B | €2,139 | €1,875 | -€265 | -12.4% |
| Recurring financial charges | 65 | €2,139 | €1,875 | -€265 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €60,402 | €44,318 | -€16,083 | -26.6% |
| Income taxes | 67/77 | €12,058 | €9,057 | -€3,001 | -24.9% |
| Profit (loss) for the period | 9904 | €48,343 | €35,261 | -€13,082 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,343 | €35,261 | -€13,082 | -27.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.