Pierre 19: 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.
Pierre 19
Largest movements
- Cash +€14,178
up €14,178 (+264%), from €5,377 to €19,555
mainly Net result for the year (+€16,714) and Trade debts (+€4,278)
- Tangible fixed assets +€2,257
up €2,257 (+75.2%), from €3,001 to €5,258
- Reserves +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Profit (loss) carried forward +€6,714
up €6,714 (+29.8%), from €22,521 to €29,235
- Tax, wage and social debts -€5,358
down €5,358 (-19.4%), from €27,616 to €22,258
of which Remuneration and social security: -€10,721
- Trade debts +€4,278
up €4,278 (+150%), from €2,857 to €7,135
- Financial income -€19,596
down €19,596 (-97.9%), from €20,016 to €420
- Gross operating margin +€5,850
up €5,850 (+26.7%), from €21,931 to €27,781
- Taxes -€2,163
down €2,163 (-18.0%), from €12,007 to €9,844
- Other operating charges +€421
up €421 (+448%), from €94 to €515
- Depreciation +€343
up €343 (+98.0%), from €350 to €693
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 | €85,995 | €101,628 | +€15,633 | +18.2% |
| Fixed assets | 21/28 | €73,161 | €75,418 | +€2,257 | +3.1% |
| Tangible fixed assets | 22/27 | €3,001 | €5,258 | +€2,257 | +75.2% |
| Furniture and vehicles | 24 | €3,001 | €5,258 | +€2,257 | +75.2% |
| Financial fixed assets | 28 | €70,160 | €70,160 | = | 0.0% |
| Current assets | 29/58 | €12,834 | €26,210 | +€13,376 | +104% |
| Amounts receivable within one year | 40/41 | €7,457 | €6,655 | -€802 | -10.8% |
| Other amounts receivable | 41 | €7,457 | €6,655 | -€802 | -10.8% |
| Cash at bank and in hand | 54/58 | €5,377 | €19,555 | +€14,178 | +264% |
| Total equity and liabilities | 10/49 | €85,995 | €101,628 | +€15,633 | +18.2% |
| Equity | 10/15 | €55,521 | €72,235 | +€16,714 | +30.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Distributable reserves | 133 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Profit (loss) carried forward | 14 | €22,521 | €29,235 | +€6,714 | +29.8% |
| Amounts payable | 17/49 | €30,474 | €29,393 | -€1,081 | -3.5% |
| Amounts payable within one year | 42/48 | €30,474 | €29,393 | -€1,081 | -3.5% |
| Trade debts | 44 | €2,857 | €7,135 | +€4,278 | +150% |
| Suppliers | 440/4 | €2,857 | €7,135 | +€4,278 | +150% |
| Taxes, remuneration and social security | 45 | €27,616 | €22,258 | -€5,358 | -19.4% |
| Taxes | 450/3 | €16,895 | €22,258 | +€5,363 | +31.7% |
| Remuneration and social security | 454/9 | €10,721 | - | -€10,721 | |
| Other amounts payable | 47/48 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350 | €693 | +€343 | +98.0% |
| Other operating charges | 640/8 | €94 | €515 | +€421 | +448% |
| Gross operating margin | 9900 | €21,931 | €27,781 | +€5,850 | +26.7% |
| Operating profit (loss) | 9901 | €21,487 | €26,573 | +€5,086 | +23.7% |
| Financial income | 75/76B | €20,016 | €420 | -€19,596 | -97.9% |
| Recurring financial income | 75 | €20,016 | €420 | -€19,596 | -97.9% |
| Financial charges | 65/66B | €180 | €435 | +€255 | +142% |
| Recurring financial charges | 65 | €180 | €435 | +€255 | +142% |
| Profit (loss) for the period before taxes | 9903 | €41,323 | €26,558 | -€14,765 | -35.7% |
| Income taxes | 67/77 | €12,007 | €9,844 | -€2,163 | -18.0% |
| Profit (loss) for the period | 9904 | €29,316 | €16,714 | -€12,602 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,316 | €16,714 | -€12,602 | -43.0% |
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 23 October 2026 via checked.be.