PIERACHE C.: 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.
PIERACHE C.
Largest movements
- Cash -€9,253
down €9,253 (-28.9%), from €32,001 to €22,748
mainly Net result for the year (-€13,998) and Investment in fixed assets (net) (-€9,420)
- Receivables within one year +€7,636
up €7,636 (+7.9%), from €97,022 to €104,659
of which Other amounts receivable: +€4,729
- Tangible fixed assets -€6,809
down €6,809 (-7.2%), from €94,622 to €87,813
of which Land and buildings: -€5,000
- Profit (loss) carried forward -€13,998
down €13,998 (-14.6%), from €95,815 to €81,818
- Current portion of long-term debt +€4,254
up €4,254 (+69.1%), from €6,154 to €10,408
- Tax, wage and social debts +€3,403
up €3,403 (+78.8%), from €4,319 to €7,722
of which Remuneration and social security: +€2,500
- Depreciation +€5,071
up €5,071 (+45.4%), from €11,158 to €16,229
- Gross operating margin +€2,692
up €2,692 (+41.4%), from €6,509 to €9,201
- Other operating charges +€2,592
up €2,592 (+120%), from €2,156 to €4,748
- Financial charges +€641
up €641 (+39.7%), from €1,616 to €2,256
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 | €223,919 | €216,156 | -€7,763 | -3.5% |
| Fixed assets | 21/28 | €94,672 | €87,863 | -€6,809 | -7.2% |
| Tangible fixed assets | 22/27 | €94,622 | €87,813 | -€6,809 | -7.2% |
| Land and buildings | 22 | €54,000 | €49,000 | -€5,000 | -9.3% |
| Furniture and vehicles | 24 | €40,622 | €38,813 | -€1,809 | -4.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €129,247 | €128,294 | -€953 | -0.7% |
| Amounts receivable within one year | 40/41 | €97,022 | €104,659 | +€7,636 | +7.9% |
| Trade receivables | 40 | €84,539 | €87,446 | +€2,908 | +3.4% |
| Other amounts receivable | 41 | €12,484 | €17,213 | +€4,729 | +37.9% |
| Cash at bank and in hand | 54/58 | €32,001 | €22,748 | -€9,253 | -28.9% |
| Deferred charges and accrued income | 490/1 | €224 | €887 | +€664 | +297% |
| Total equity and liabilities | 10/49 | €223,919 | €216,156 | -€7,763 | -3.5% |
| Equity | 10/15 | €184,902 | €170,904 | -€13,998 | -7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,887 | €82,887 | = | 0.0% |
| Distributable reserves | 133 | €82,887 | €82,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,815 | €81,818 | -€13,998 | -14.6% |
| Amounts payable | 17/49 | €39,017 | €45,252 | +€6,235 | +16.0% |
| Amounts payable after more than one year | 17 | €24,360 | €22,449 | -€1,910 | -7.8% |
| Financial debts | 170/4 | €24,360 | €22,449 | -€1,910 | -7.8% |
| Amounts payable within one year | 42/48 | €14,657 | €22,673 | +€8,016 | +54.7% |
| Current portion of amounts payable after more than one year | 42 | €6,154 | €10,408 | +€4,254 | +69.1% |
| Trade debts | 44 | €4,185 | €4,544 | +€359 | +8.6% |
| Suppliers | 440/4 | €4,185 | €4,544 | +€359 | +8.6% |
| Taxes, remuneration and social security | 45 | €4,319 | €7,722 | +€3,403 | +78.8% |
| Taxes | 450/3 | €4,319 | €5,222 | +€903 | +20.9% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Accrued charges and deferred income | 492/3 | - | €130 | +€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,158 | €16,229 | +€5,071 | +45.4% |
| Other operating charges | 640/8 | €2,156 | €4,748 | +€2,592 | +120% |
| Gross operating margin | 9900 | €6,509 | €9,201 | +€2,692 | +41.4% |
| Operating profit (loss) | 9901 | -€6,805 | -€11,776 | -€4,971 | -73.0% |
| Financial income | 75/76B | €197 | €177 | -€19 | -9.8% |
| Recurring financial income | 75 | €197 | €177 | -€19 | -9.8% |
| Financial charges | 65/66B | €1,616 | €2,256 | +€641 | +39.7% |
| Recurring financial charges | 65 | €1,616 | €2,256 | +€641 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,224 | -€13,855 | -€5,631 | -68.5% |
| Income taxes | 67/77 | €143 | €143 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€8,367 | -€13,998 | -€5,631 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,367 | -€13,998 | -€5,631 | -67.3% |
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 16 October 2026 via checked.be.