PIERRE ET BOIS: 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 ET BOIS
Largest movements
- Receivables within one year +€27,434
up €27,434 (+307%), from €8,925 to €36,359
of which Trade receivables: +€29,703
- Stocks and contracts -€2,450
down €2,450 (-19.1%), from €12,824 to €10,374
- Deferred charges and accrued income +€2,273
up €2,273 (+1,885%), from €121 to €2,393
- Cash -€1,848
down €1,848 (-21.8%), from €8,464 to €6,616
mainly Receivables within one year (-€27,434) and Deferred charges and accrued income (-€2,273)
- Tax, wage and social debts +€13,063
up €13,063 (+326%), from €4,012 to €17,075
of which Remuneration and social security: +€9,900
- Debts after one year +€6,511
up €6,511 (+15.1%), from €43,254 to €49,766
- Trade debts +€2,788
up €2,788 (+1,190%), from €234 to €3,022
- Profit (loss) carried forward +€2,745
up €2,745 (+13.6%), from -€20,130 to -€17,386
- Gross operating margin -€3,904
down €3,904 (-45.6%), from €8,552 to €4,648
- Depreciation -€396
down €396 (-25.8%), from €1,537 to €1,141
- Other operating charges -€207
down €207 (-24.4%), from €848 to €641
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 | €35,966 | €61,073 | +€25,107 | +69.8% |
| Fixed assets | 21/28 | €5,272 | €5,331 | +€59 | +1.1% |
| Tangible fixed assets | 22/27 | €5,272 | €5,037 | -€235 | -4.5% |
| Plant, machinery and equipment | 23 | €3,081 | €2,847 | -€234 | -7.6% |
| Furniture and vehicles | 24 | €2,191 | €2,190 | -€1 | 0.0% |
| Financial fixed assets | 28 | - | €294 | +€294 | |
| Current assets | 29/58 | €30,694 | €55,741 | +€25,048 | +81.6% |
| Stocks and contracts in progress | 3 | €12,824 | €10,374 | -€2,450 | -19.1% |
| Stocks | 30/36 | €12,824 | €10,374 | -€2,450 | -19.1% |
| Amounts receivable within one year | 40/41 | €8,925 | €36,359 | +€27,434 | +307% |
| Trade receivables | 40 | €6,656 | €36,359 | +€29,703 | +446% |
| Other amounts receivable | 41 | €2,269 | - | -€2,269 | |
| Current investments | 50/53 | €361 | - | -€361 | |
| Cash at bank and in hand | 54/58 | €8,464 | €6,616 | -€1,848 | -21.8% |
| Deferred charges and accrued income | 490/1 | €121 | €2,393 | +€2,273 | +1,885% |
| Total equity and liabilities | 10/49 | €35,966 | €61,073 | +€25,107 | +69.8% |
| Equity | 10/15 | -€11,536 | -€8,791 | +€2,745 | +23.8% |
| Contributions | 10/11 | €6,612 | €6,612 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,130 | -€17,386 | +€2,745 | +13.6% |
| Amounts payable | 17/49 | €47,501 | €69,864 | +€22,363 | +47.1% |
| Amounts payable after more than one year | 17 | €43,254 | €49,766 | +€6,511 | +15.1% |
| Other amounts payable | 178/9 | €43,254 | €49,766 | +€6,511 | +15.1% |
| Amounts payable within one year | 42/48 | €4,247 | €20,098 | +€15,851 | +373% |
| Trade debts | 44 | €234 | €3,022 | +€2,788 | +1,190% |
| Suppliers | 440/4 | €234 | €3,022 | +€2,788 | +1,190% |
| Taxes, remuneration and social security | 45 | €4,012 | €17,075 | +€13,063 | +326% |
| Taxes | 450/3 | €712 | €3,875 | +€3,163 | +444% |
| Remuneration and social security | 454/9 | €3,300 | €13,200 | +€9,900 | +300% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,537 | €1,141 | -€396 | -25.8% |
| Other operating charges | 640/8 | €848 | €641 | -€207 | -24.4% |
| Non-recurring operating charges | 66A | €0 | €1 | +€1 | |
| Gross operating margin | 9900 | €8,552 | €4,648 | -€3,904 | -45.6% |
| Operating profit (loss) | 9901 | €6,167 | €2,866 | -€3,301 | -53.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €208 | €190 | -€18 | -8.6% |
| Recurring financial charges | 65 | €208 | €190 | -€18 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €5,959 | €2,675 | -€3,284 | -55.1% |
| Profit (loss) for the period | 9904 | €5,959 | €2,675 | -€3,284 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,959 | €2,675 | -€3,284 | -55.1% |
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 29 October 2026 via checked.be.