PIERONT & CO: what changed
PIERONT & CO
Largest movements
- Receivables within one year +€12,777
up €12,777 (+727%), from €1,758 to €14,535
of which Trade receivables: +€6,841
- Tangible fixed assets +€12,357
up €12,357 (+21.4%), from €57,819 to €70,175
- Stocks and contracts -€7,500
no longer reported in 2025 (was €7,500)
- Cash +€951
up €951 (+247%), from €385 to €1,336
mainly Trade debts (+€31,255) and Depreciation (+€14,996)
- Trade debts +€31,255
up €31,255 (+187%), from €16,721 to €47,976
- Current portion of long-term debt -€22,373
down €22,373 (-66.3%), from €33,735 to €11,361
- Debts after one year -€11,361
no longer reported in 2025 (was €11,361)
- Profit (loss) carried forward +€10,737
up €10,737, from -€3,107 to €7,630
- Tax, wage and social debts +€9,604
up €9,604 (+130%), from €7,405 to €17,009
of which Taxes: +€6,348
- Staff costs -€87,831
no longer reported in 2025 (was €87,831)
- Gross operating margin -€69,300
down €69,300 (-63.7%), from €108,743 to €39,443
- Taxes +€6,359
up €6,359 (+1,019%), from €624 to €6,983
- Depreciation -€5,757
down €5,757 (-27.7%), from €20,754 to €14,996
- Financial charges -€2,725
down €2,725 (-52.0%), from €5,236 to €2,511
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,846 | €89,449 | +€18,603 | +26.3% |
| Fixed assets | 21/28 | €57,862 | €70,175 | +€12,313 | +21.3% |
| Tangible fixed assets | 22/27 | €57,819 | €70,175 | +€12,357 | +21.4% |
| Furniture and vehicles | 24 | €57,819 | €70,175 | +€12,357 | +21.4% |
| Financial fixed assets | 28 | €43 | - | -€43 | |
| Current assets | 29/58 | €12,984 | €19,274 | +€6,290 | +48.4% |
| Stocks and contracts in progress | 3 | €7,500 | - | -€7,500 | |
| Stocks | 30/36 | €7,500 | - | -€7,500 | |
| Amounts receivable within one year | 40/41 | €1,758 | €14,535 | +€12,777 | +727% |
| Trade receivables | 40 | - | €6,841 | +€6,841 | |
| Other amounts receivable | 41 | €1,758 | €7,694 | +€5,936 | +338% |
| Cash at bank and in hand | 54/58 | €385 | €1,336 | +€951 | +247% |
| Deferred charges and accrued income | 490/1 | €3,341 | €3,403 | +€62 | +1.9% |
| Total equity and liabilities | 10/49 | €70,846 | €89,449 | +€18,603 | +26.3% |
| Equity | 10/15 | -€107 | €10,630 | +€10,737 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,107 | €7,630 | +€10,737 | |
| Amounts payable | 17/49 | €70,953 | €78,819 | +€7,866 | +11.1% |
| Amounts payable after more than one year | 17 | €11,361 | - | -€11,361 | |
| Financial debts | 170/4 | €11,361 | - | -€11,361 | |
| Amounts payable within one year | 42/48 | €59,592 | €78,819 | +€19,227 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €33,735 | €11,361 | -€22,373 | -66.3% |
| Trade debts | 44 | €16,721 | €47,976 | +€31,255 | +187% |
| Suppliers | 440/4 | €16,721 | €47,976 | +€31,255 | +187% |
| Advances received on contracts in progress | 46 | - | €200 | +€200 | |
| Taxes, remuneration and social security | 45 | €7,405 | €17,009 | +€9,604 | +130% |
| Taxes | 450/3 | €6,061 | €12,409 | +€6,348 | +105% |
| Remuneration and social security | 454/9 | €1,343 | €4,600 | +€3,257 | +242% |
| Other amounts payable | 47/48 | €1,731 | €2,273 | +€541 | +31.3% |
| Remuneration, social security and pensions | 62 | €87,831 | - | -€87,831 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,754 | €14,996 | -€5,757 | -27.7% |
| Other operating charges | 640/8 | €4,336 | €4,216 | -€121 | -2.8% |
| Gross operating margin | 9900 | €108,743 | €39,443 | -€69,300 | -63.7% |
| Operating profit (loss) | 9901 | -€4,178 | €20,231 | +€24,409 | |
| Financial charges | 65/66B | €5,236 | €2,511 | -€2,725 | -52.0% |
| Recurring financial charges | 65 | €5,236 | €2,511 | -€2,725 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,414 | €17,720 | +€27,134 | |
| Income taxes | 67/77 | €624 | €6,983 | +€6,359 | +1,019% |
| Profit (loss) for the period | 9904 | -€10,038 | €10,737 | +€20,775 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,038 | €10,737 | +€20,775 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.