Pierpoint: 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.
Pierpoint
Largest movements
- Cash -€200,416
down €200,416 (-92.3%), from €217,249 to €16,833
mainly Debts after one year (-€407,110) and Other debts (-€236,632)
- Stocks and contracts -€192,937
down €192,937 (-35.2%), from €548,681 to €355,744
- Receivables within one year -€68,646
down €68,646 (-68.1%), from €100,851 to €32,205
of which Trade receivables: -€99,503
- Debts after one year -€407,110
down €407,110 (-100%), from €407,110 to €0
- Current portion of long-term debt +€242,606
new in 2025: €242,606
- Other debts -€236,632
down €236,632 (-65.4%), from €361,632 to €125,000
- Trade debts -€88,486
down €88,486 (-99.6%), from €88,832 to €347
- Reserves +€19,067
up €19,067 (+597%), from €3,192 to €22,259
- Gross operating margin +€37,752
up €37,752 (+162%), from €23,324 to €61,076
- Financial charges +€20,305
up €20,305 (+144%), from €14,078 to €34,383
- Taxes +€5,356
up €5,356 (+346%), from €1,549 to €6,905
- Depreciation -€2,236
down €2,236 (-100%), from €2,236 to €0
- Other operating charges -€1,549
down €1,549 (-68.3%), from €2,269 to €720
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 | €866,946 | €404,832 | -€462,114 | -53.3% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €866,896 | €404,782 | -€462,114 | -53.3% |
| Stocks and contracts in progress | 3 | €548,681 | €355,744 | -€192,937 | -35.2% |
| Stocks | 30/36 | €548,681 | €355,744 | -€192,937 | -35.2% |
| Amounts receivable within one year | 40/41 | €100,851 | €32,205 | -€68,646 | -68.1% |
| Trade receivables | 40 | €99,503 | €0 | -€99,503 | -100% |
| Other amounts receivable | 41 | €1,348 | €32,205 | +€30,857 | +2,289% |
| Cash at bank and in hand | 54/58 | €217,249 | €16,833 | -€200,416 | -92.3% |
| Deferred charges and accrued income | 490/1 | €115 | €0 | -€115 | -100% |
| Total equity and liabilities | 10/49 | €866,946 | €404,832 | -€462,114 | -53.3% |
| Equity | 10/15 | €5,192 | €24,259 | +€19,067 | +367% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,192 | €22,259 | +€19,067 | +597% |
| Distributable reserves | 133 | €3,192 | €22,259 | +€19,067 | +597% |
| Amounts payable | 17/49 | €861,755 | €380,573 | -€481,181 | -55.8% |
| Amounts payable after more than one year | 17 | €407,110 | €0 | -€407,110 | -100% |
| Financial debts | 170/4 | €407,110 | €0 | -€407,110 | -100% |
| Amounts payable within one year | 42/48 | €452,013 | €380,573 | -€71,440 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | - | €242,606 | +€242,606 | |
| Trade debts | 44 | €88,832 | €347 | -€88,486 | -99.6% |
| Suppliers | 440/4 | €88,832 | €347 | -€88,486 | -99.6% |
| Taxes, remuneration and social security | 45 | €1,549 | €12,621 | +€11,072 | +715% |
| Taxes | 450/3 | €1,549 | €12,621 | +€11,072 | +715% |
| Other amounts payable | 47/48 | €361,632 | €125,000 | -€236,632 | -65.4% |
| Accrued charges and deferred income | 492/3 | €2,631 | €0 | -€2,631 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,236 | €0 | -€2,236 | -100% |
| Other operating charges | 640/8 | €2,269 | €720 | -€1,549 | -68.3% |
| Gross operating margin | 9900 | €23,324 | €61,076 | +€37,752 | +162% |
| Operating profit (loss) | 9901 | €18,819 | €60,356 | +€41,537 | +221% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €14,078 | €34,383 | +€20,305 | +144% |
| Recurring financial charges | 65 | €14,078 | €34,383 | +€20,305 | +144% |
| Profit (loss) for the period before taxes | 9903 | €4,741 | €25,973 | +€21,232 | +448% |
| Income taxes | 67/77 | €1,549 | €6,905 | +€5,356 | +346% |
| Profit (loss) for the period | 9904 | €3,192 | €19,067 | +€15,875 | +497% |
| Profit (loss) for the period to be appropriated | 9905 | €3,192 | €19,067 | +€15,875 | +497% |
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 15 October 2026 via checked.be.