PIERLET MECHANICAL CONSULT: 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.
PIERLET MECHANICAL CONSULT
Largest movements
- Receivables within one year -€33,705
down €33,705 (-30.3%), from €111,067 to €77,362
of which Trade receivables: -€34,283
- Deferred charges and accrued income -€2,428
down €2,428 (-44.6%), from €5,446 to €3,019
- Stocks and contracts -€2,380
down €2,380 (-9.4%), from €25,307 to €22,928
- Trade debts -€45,774
down €45,774 (-59.4%), from €77,079 to €31,305
- Tax, wage and social debts +€9,319
up €9,319 (+39.0%), from €23,877 to €33,196
- Short-term financial debts -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Reserves +€3,050
up €3,050 (+17.7%), from €17,250 to €20,300
- Financial income -€1,886
down €1,886 (-31.8%), from €5,929 to €4,043
- Taxes -€922
down €922 (-19.3%), from €4,770 to €3,848
- Gross operating margin +€866
up €866 (+7.9%), from €10,898 to €11,764
- Depreciation +€143
up €143 (+7.3%), from €1,968 to €2,111
- Other operating charges -€137
down €137 (-18.6%), from €738 to €601
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 | €147,689 | €109,283 | -€38,405 | -26.0% |
| Fixed assets | 21/28 | €2,539 | €3,378 | +€839 | +33.0% |
| Tangible fixed assets | 22/27 | €2,539 | €3,378 | +€839 | +33.0% |
| Furniture and vehicles | 24 | €2,539 | €3,378 | +€839 | +33.0% |
| Current assets | 29/58 | €145,150 | €105,906 | -€39,244 | -27.0% |
| Stocks and contracts in progress | 3 | €25,307 | €22,928 | -€2,380 | -9.4% |
| Stocks | 30/36 | €25,307 | €22,928 | -€2,380 | -9.4% |
| Amounts receivable within one year | 40/41 | €111,067 | €77,362 | -€33,705 | -30.3% |
| Trade receivables | 40 | €110,300 | €76,017 | -€34,283 | -31.1% |
| Other amounts receivable | 41 | €767 | €1,345 | +€577 | +75.2% |
| Cash at bank and in hand | 54/58 | €3,329 | €2,598 | -€731 | -22.0% |
| Deferred charges and accrued income | 490/1 | €5,446 | €3,019 | -€2,428 | -44.6% |
| Total equity and liabilities | 10/49 | €147,689 | €109,283 | -€38,405 | -26.0% |
| Equity | 10/15 | €21,733 | €24,783 | +€3,050 | +14.0% |
| Contributions | 10/11 | €990 | €990 | = | 0.0% |
| Reserves | 13 | €17,250 | €20,300 | +€3,050 | +17.7% |
| Distributable reserves | 133 | €17,250 | €20,300 | +€3,050 | +17.7% |
| Profit (loss) carried forward | 14 | €3,493 | €3,493 | = | 0.0% |
| Amounts payable | 17/49 | €125,956 | €84,501 | -€41,455 | -32.9% |
| Amounts payable within one year | 42/48 | €125,956 | €84,501 | -€41,455 | -32.9% |
| Financial debts | 43 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Credit institutions | 430/8 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Trade debts | 44 | €77,079 | €31,305 | -€45,774 | -59.4% |
| Suppliers | 440/4 | €77,079 | €31,305 | -€45,774 | -59.4% |
| Taxes, remuneration and social security | 45 | €23,877 | €33,196 | +€9,319 | +39.0% |
| Taxes | 450/3 | €23,877 | €33,196 | +€9,319 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,968 | €2,111 | +€143 | +7.3% |
| Other operating charges | 640/8 | €738 | €601 | -€137 | -18.6% |
| Gross operating margin | 9900 | €10,898 | €11,764 | +€866 | +7.9% |
| Operating profit (loss) | 9901 | €8,192 | €9,052 | +€860 | +10.5% |
| Financial income | 75/76B | €5,929 | €4,043 | -€1,886 | -31.8% |
| Recurring financial income | 75 | €5,929 | €4,043 | -€1,886 | -31.8% |
| Financial charges | 65/66B | €5,857 | €5,892 | +€35 | +0.6% |
| Recurring financial charges | 65 | €5,857 | €5,892 | +€35 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €8,263 | €7,203 | -€1,061 | -12.8% |
| Income taxes | 67/77 | €4,770 | €3,848 | -€922 | -19.3% |
| Profit (loss) for the period | 9904 | €3,493 | €3,355 | -€138 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,493 | €3,355 | -€138 | -4.0% |
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 20 October 2026 via checked.be.