Pierre Feys Accountancy: what changed
Pierre Feys Accountancy
Largest movements
- Cash +€33,267
up €33,267 (+376%), from €8,842 to €42,110
mainly Net result for the year (+€38,726) and Depreciation (+€19,076)
- Tangible fixed assets -€19,076
down €19,076 (-5.3%), from €357,962 to €338,886
of which Land and buildings: -€9,667
- Receivables within one year -€10,804
down €10,804 (-15.5%), from €69,745 to €58,941
of which Other amounts receivable: -€10,804
- Reserves +€38,000
up €38,000 (+50.7%), from €75,000 to €113,000
- Debts after one year -€20,529
down €20,529 (-8.1%), from €252,391 to €231,861
- Other debts -€19,100
down €19,100 (-33.2%), from €57,604 to €38,505
- Tax, wage and social debts +€7,156
up €7,156 (+78.1%), from €9,159 to €16,314
- Gross operating margin +€55,246
up €55,246 (+179%), from €30,830 to €86,077
- Taxes +€16,063
up €16,063 (+400%), from €4,020 to €20,083
- Financial charges +€3,458
up €3,458 (+70.3%), from €4,922 to €8,380
- Depreciation +€2,783
up €2,783 (+17.1%), from €16,293 to €19,076
- Financial income -€934
down €934 (-56.6%), from €1,651 to €717
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €437,594 | €441,859 | +€4,265 | +1.0% |
| Fixed assets | 21/28 | €357,962 | €338,886 | -€19,076 | -5.3% |
| Tangible fixed assets | 22/27 | €357,962 | €338,886 | -€19,076 | -5.3% |
| Land and buildings | 22 | €324,019 | €314,353 | -€9,667 | -3.0% |
| Plant, machinery and equipment | 23 | €3,733 | €2,947 | -€787 | -21.1% |
| Furniture and vehicles | 24 | €30,210 | €21,587 | -€8,623 | -28.5% |
| Current assets | 29/58 | €79,632 | €102,973 | +€23,341 | +29.3% |
| Amounts receivable within one year | 40/41 | €69,745 | €58,941 | -€10,804 | -15.5% |
| Trade receivables | 40 | €10,285 | €10,285 | = | 0.0% |
| Other amounts receivable | 41 | €59,460 | €48,656 | -€10,804 | -18.2% |
| Cash at bank and in hand | 54/58 | €8,842 | €42,110 | +€33,267 | +376% |
| Deferred charges and accrued income | 490/1 | €1,045 | €1,923 | +€878 | +84.0% |
| Total equity and liabilities | 10/49 | €437,594 | €441,859 | +€4,265 | +1.0% |
| Equity | 10/15 | €95,459 | €134,185 | +€38,726 | +40.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €113,000 | +€38,000 | +50.7% |
| Distributable reserves | 133 | €75,000 | €113,000 | +€38,000 | +50.7% |
| Profit (loss) carried forward | 14 | €459 | €1,185 | +€726 | +158% |
| Amounts payable | 17/49 | €342,135 | €307,674 | -€34,461 | -10.1% |
| Amounts payable after more than one year | 17 | €252,391 | €231,861 | -€20,529 | -8.1% |
| Financial debts | 170/4 | €252,391 | €231,861 | -€20,529 | -8.1% |
| Amounts payable within one year | 42/48 | €89,745 | €75,813 | -€13,932 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €22,000 | €20,529 | -€1,470 | -6.7% |
| Trade debts | 44 | €982 | €464 | -€518 | -52.7% |
| Suppliers | 440/4 | €982 | €464 | -€518 | -52.7% |
| Taxes, remuneration and social security | 45 | €9,159 | €16,314 | +€7,156 | +78.1% |
| Taxes | 450/3 | €9,159 | €16,314 | +€7,156 | +78.1% |
| Other amounts payable | 47/48 | €57,604 | €38,505 | -€19,100 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,293 | €19,076 | +€2,783 | +17.1% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €30,830 | €86,077 | +€55,246 | +179% |
| Operating profit (loss) | 9901 | €14,024 | €66,473 | +€52,448 | +374% |
| Financial income | 75/76B | €1,651 | €717 | -€934 | -56.6% |
| Recurring financial income | 75 | €1,651 | €717 | -€934 | -56.6% |
| Financial charges | 65/66B | €4,922 | €8,380 | +€3,458 | +70.3% |
| Recurring financial charges | 65 | €4,922 | €8,380 | +€3,458 | +70.3% |
| Profit (loss) for the period before taxes | 9903 | €10,753 | €58,809 | +€48,056 | +447% |
| Income taxes | 67/77 | €4,020 | €20,083 | +€16,063 | +400% |
| Profit (loss) for the period | 9904 | €6,733 | €38,726 | +€31,993 | +475% |
| Profit (loss) for the period to be appropriated | 9905 | €6,733 | €38,726 | +€31,993 | +475% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.