PIERIMMO: 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.
PIERIMMO
Largest movements
- Current investments -€23,676
down €23,676 (-93.6%), from €25,300 to €1,625
- Receivables within one year -€19,738
down €19,738 (-61.5%), from €32,098 to €12,360
- Profit (loss) carried forward -€45,748
down €45,748 (-15.4%), from -€296,200 to -€341,948
- Financial charges +€23,604
up €23,604 (+32114.5%), from €74 to €23,678
- Gross operating margin -€8,009
down €8,009 (-83.8%), from -€9,563 to -€17,572
- Other operating charges -€261
down €261 (-5.9%), from €4,433 to €4,173
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 | €363,449 | €316,476 | -€46,973 | -12.9% |
| Fixed assets | 21/28 | €1,793 | €1,468 | -€325 | -18.1% |
| Tangible fixed assets | 22/27 | €1,793 | €1,468 | -€325 | -18.1% |
| Plant, machinery and equipment | 23 | €1,793 | €1,468 | -€325 | -18.1% |
| Current assets | 29/58 | €361,656 | €315,008 | -€46,648 | -12.9% |
| Amounts receivable within one year | 40/41 | €32,098 | €12,360 | -€19,738 | -61.5% |
| Other amounts receivable | 41 | €32,098 | €12,360 | -€19,738 | -61.5% |
| Current investments | 50/53 | €25,300 | €1,625 | -€23,676 | -93.6% |
| Cash at bank and in hand | 54/58 | €304,258 | €301,023 | -€3,235 | -1.1% |
| Total equity and liabilities | 10/49 | €363,449 | €316,476 | -€46,973 | -12.9% |
| Equity | 10/15 | €260,648 | €214,900 | -€45,748 | -17.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €494,848 | €494,848 | = | 0.0% |
| Tax-exempt reserves | 132 | €298,172 | €298,172 | = | 0.0% |
| Distributable reserves | 133 | €196,675 | €196,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€296,200 | -€341,948 | -€45,748 | -15.4% |
| Provisions and deferred taxes | 16 | €99,391 | €99,391 | = | 0.0% |
| Deferred taxes | 168 | €99,391 | €99,391 | = | 0.0% |
| Amounts payable | 17/49 | €3,410 | €2,185 | -€1,226 | -35.9% |
| Amounts payable within one year | 42/48 | €2,898 | €1,673 | -€1,226 | -42.3% |
| Trade debts | 44 | €2,898 | €1,673 | -€1,226 | -42.3% |
| Suppliers | 440/4 | €2,898 | €1,673 | -€1,226 | -42.3% |
| Accrued charges and deferred income | 492/3 | €512 | €512 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325 | €325 | = | 0.0% |
| Other operating charges | 640/8 | €4,433 | €4,173 | -€261 | -5.9% |
| Gross operating margin | 9900 | -€9,563 | -€17,572 | -€8,009 | -83.8% |
| Operating profit (loss) | 9901 | -€14,321 | -€22,070 | -€7,749 | -54.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €74 | €23,678 | +€23,604 | +32114.5% |
| Recurring financial charges | 65 | €74 | €23,678 | +€23,604 | +32114.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,395 | -€45,748 | -€31,353 | -217.8% |
| Profit (loss) for the period | 9904 | -€14,395 | -€45,748 | -€31,353 | -217.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,395 | -€45,748 | -€31,353 | -217.8% |
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 9 October 2026 via checked.be.