PIERRE BUDGÈTE: 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 BUDGÈTE
Largest movements
- Receivables within one year -€2,793
down €2,793 (-75.7%), from €3,689 to €896
- Cash -€2,625
down €2,625 (-11.0%), from €23,763 to €21,138
mainly Tax, wage and social debts (-€10,243) and Trade debts (-€4,812)
- Tangible fixed assets +€1,101
up €1,101 (+29.3%), from €3,761 to €4,862
- Deferred charges and accrued income +€598
up €598 (+374%), from €160 to €758
- Tax, wage and social debts -€10,243
down €10,243 (-75.8%), from €13,513 to €3,270
of which Taxes: -€13,243
- Other debts +€7,434
up €7,434 (+4,211%), from €177 to €7,611
- Trade debts -€4,812
down €4,812 (-36.9%), from €13,024 to €8,212
- Profit (loss) carried forward +€3,903
up €3,903, from -€941 to €2,961
- Gross operating margin +€19,583
up €19,583, from -€13,081 to €6,502
- Depreciation +€1,124
up €1,124 (+228%), from €494 to €1,617
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 | €31,373 | €27,654 | -€3,718 | -11.9% |
| Fixed assets | 21/28 | €3,761 | €4,862 | +€1,101 | +29.3% |
| Tangible fixed assets | 22/27 | €3,761 | €4,862 | +€1,101 | +29.3% |
| Furniture and vehicles | 24 | €3,761 | €4,862 | +€1,101 | +29.3% |
| Current assets | 29/58 | €27,612 | €22,793 | -€4,819 | -17.5% |
| Amounts receivable within one year | 40/41 | €3,689 | €896 | -€2,793 | -75.7% |
| Trade receivables | 40 | €3,689 | €896 | -€2,793 | -75.7% |
| Cash at bank and in hand | 54/58 | €23,763 | €21,138 | -€2,625 | -11.0% |
| Deferred charges and accrued income | 490/1 | €160 | €758 | +€598 | +374% |
| Total equity and liabilities | 10/49 | €31,373 | €27,654 | -€3,718 | -11.9% |
| Equity | 10/15 | -€841 | €3,061 | +€3,903 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€941 | €2,961 | +€3,903 | |
| Amounts payable | 17/49 | €32,214 | €24,593 | -€7,621 | -23.7% |
| Amounts payable after more than one year | 17 | €5,500 | €5,500 | = | 0.0% |
| Financial debts | 170/4 | €5,500 | €5,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,714 | €19,093 | -€7,621 | -28.5% |
| Trade debts | 44 | €13,024 | €8,212 | -€4,812 | -36.9% |
| Suppliers | 440/4 | €13,024 | €8,212 | -€4,812 | -36.9% |
| Taxes, remuneration and social security | 45 | €13,513 | €3,270 | -€10,243 | -75.8% |
| Taxes | 450/3 | €13,513 | €270 | -€13,243 | -98.0% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €177 | €7,611 | +€7,434 | +4,211% |
| Non-recurring operating income | 76A | - | €2,170 | +€2,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €494 | €1,617 | +€1,124 | +228% |
| Other operating charges | 640/8 | - | €47 | +€47 | |
| Gross operating margin | 9900 | -€13,081 | €6,502 | +€19,583 | |
| Operating profit (loss) | 9901 | -€13,575 | €4,838 | +€18,413 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €194 | €102 | -€91 | -47.1% |
| Recurring financial charges | 65 | €194 | €102 | -€91 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,769 | €4,736 | +€18,504 | |
| Profit (loss) for the period | 9904 | -€13,769 | €4,736 | +€18,504 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,769 | €4,736 | +€18,504 |
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 26 October 2026 via checked.be.