PIERPONT PROPERTIES: 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.
PIERPONT PROPERTIES
Largest movements
- Tangible fixed assets -€1,938
down €1,938 (-3.5%), from €55,793 to €53,855
of which Plant, machinery and equipment: -€1,938
- Cash +€1,171
up €1,171 (+292%), from €401 to €1,572
mainly Other debts (+€69,021) and Depreciation (+€1,938)
- Deferred charges and accrued income -€1,146
no longer reported in 2025 (was €1,146)
- Other debts +€69,021
new in 2025: €69,021
- Debts after one year -€61,948
no longer reported in 2025 (was €61,948)
- Profit (loss) carried forward -€10,791
down €10,791 (-5.7%), from -€190,529 to -€201,319
- Accrued charges and deferred income +€1,805
new in 2025: €1,805
- Purchases and services +€8,215
new in 2025: €8,215
- Gross operating margin -€2,295
down €2,295 (-43.2%), from -€5,315 to -€7,610
- Depreciation -€269
down €269 (-12.2%), from €2,207 to €1,938
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 | €57,340 | €55,427 | -€1,913 | -3.3% |
| Fixed assets | 21/28 | €55,793 | €53,855 | -€1,938 | -3.5% |
| Tangible fixed assets | 22/27 | €55,793 | €53,855 | -€1,938 | -3.5% |
| Land and buildings | 22 | €37,184 | €37,184 | = | 0.0% |
| Plant, machinery and equipment | 23 | €18,609 | €16,671 | -€1,938 | -10.4% |
| Current assets | 29/58 | €1,547 | €1,572 | +€25 | +1.6% |
| Cash at bank and in hand | 54/58 | €401 | €1,572 | +€1,171 | +292% |
| Deferred charges and accrued income | 490/1 | €1,146 | - | -€1,146 | |
| Total equity and liabilities | 10/49 | €57,340 | €55,427 | -€1,913 | -3.3% |
| Equity | 10/15 | -€4,608 | -€15,399 | -€10,791 | -234% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,529 | -€201,319 | -€10,791 | -5.7% |
| Amounts payable | 17/49 | €61,948 | €70,826 | +€8,878 | +14.3% |
| Amounts payable after more than one year | 17 | €61,948 | - | -€61,948 | |
| Other amounts payable | 178/9 | €61,948 | - | -€61,948 | |
| Amounts payable within one year | 42/48 | - | €69,021 | +€69,021 | |
| Other amounts payable | 47/48 | - | €69,021 | +€69,021 | |
| Accrued charges and deferred income | 492/3 | - | €1,805 | +€1,805 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,215 | +€8,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,207 | €1,938 | -€269 | -12.2% |
| Other operating charges | 640/8 | €1,164 | €1,200 | +€37 | +3.2% |
| Gross operating margin | 9900 | -€5,315 | -€7,610 | -€2,295 | -43.2% |
| Operating profit (loss) | 9901 | -€8,685 | -€10,748 | -€2,063 | -23.8% |
| Financial charges | 65/66B | €50 | €42 | -€8 | -15.4% |
| Recurring financial charges | 65 | €50 | €42 | -€8 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,735 | -€10,791 | -€2,056 | -23.5% |
| Profit (loss) for the period | 9904 | -€8,735 | -€10,791 | -€2,056 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,735 | -€10,791 | -€2,056 | -23.5% |
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 1 November 2026 via checked.be.