PIERMOND: 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.
PIERMOND
Largest movements
- Current investments +€25,055
new in 2025: €25,055
- Deferred charges and accrued income +€1,296
up €1,296, from €0 to €1,296
- Profit (loss) carried forward +€15,377
up €15,377 (+22.1%), from -€69,595 to -€54,219
- Tax, wage and social debts +€5,692
up €5,692 (+14.5%), from €39,379 to €45,071
of which Taxes: +€3,823
- Trade debts +€3,997
up €3,997 (+6.0%), from €67,122 to €71,118
- Gross operating margin +€36,908
up €36,908 (+18.9%), from €194,852 to €231,760
- Financial charges +€11,252
up €11,252 (+88.6%), from €12,704 to €23,956
- Staff costs +€9,284
up €9,284 (+5.1%), from €181,114 to €190,398
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 | €48,046 | €73,112 | +€25,065 | +52.2% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €48,046 | €73,112 | +€25,065 | +52.2% |
| Stocks and contracts in progress | 3 | €7,500 | €7,500 | = | 0.0% |
| Stocks | 30/36 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,328 | €2,730 | -€598 | -18.0% |
| Trade receivables | 40 | €3,328 | €2,730 | -€598 | -18.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | - | €25,055 | +€25,055 | |
| Cash at bank and in hand | 54/58 | €37,218 | €36,530 | -€688 | -1.8% |
| Deferred charges and accrued income | 490/1 | €0 | €1,296 | +€1,296 | |
| Total equity and liabilities | 10/49 | €48,046 | €73,112 | +€25,065 | +52.2% |
| Equity | 10/15 | -€58,454 | -€43,077 | +€15,377 | +26.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,941 | €4,941 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,081 | €3,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,595 | -€54,219 | +€15,377 | +22.1% |
| Amounts payable | 17/49 | €106,500 | €116,189 | +€9,689 | +9.1% |
| Amounts payable within one year | 42/48 | €106,500 | €116,189 | +€9,689 | +9.1% |
| Trade debts | 44 | €67,122 | €71,118 | +€3,997 | +6.0% |
| Suppliers | 440/4 | €67,122 | €71,118 | +€3,997 | +6.0% |
| Taxes, remuneration and social security | 45 | €39,379 | €45,071 | +€5,692 | +14.5% |
| Taxes | 450/3 | €10,887 | €14,710 | +€3,823 | +35.1% |
| Remuneration and social security | 454/9 | €28,492 | €30,361 | +€1,869 | +6.6% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €181,114 | €190,398 | +€9,284 | +5.1% |
| Other operating charges | 640/8 | €607 | €2,242 | +€1,636 | +269.7% |
| Gross operating margin | 9900 | €194,852 | €231,760 | +€36,908 | +18.9% |
| Operating profit (loss) | 9901 | €13,132 | €39,120 | +€25,988 | +197.9% |
| Financial income | 75/76B | - | €835 | +€835 | |
| Recurring financial income | 75 | - | €835 | +€835 | |
| Financial charges | 65/66B | €12,704 | €23,956 | +€11,252 | +88.6% |
| Recurring financial charges | 65 | €12,704 | €23,956 | +€11,252 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €428 | €15,998 | +€15,571 | +3640.0% |
| Income taxes | 67/77 | - | €622 | +€622 | |
| Profit (loss) for the period | 9904 | €428 | €15,377 | +€14,949 | +3494.7% |
| Profit (loss) for the period to be appropriated | 9905 | €428 | €15,377 | +€14,949 | +3494.7% |
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.