PIERRE JEAN: what changed
Two fiscal 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 JEAN
Largest movements
- Tangible fixed assets -€23,042
down €23,042 (-2.6%), from €890,210 to €867,168
of which Land and buildings: -€20,701
- Receivables within one year -€9,194
down €9,194 (-77.4%), from €11,874 to €2,681
of which Trade receivables: -€9,198
- Profit (loss) carried forward -€37,243
down €37,243 (-55.0%), from -€67,682 to -€104,925
- Other debts +€34,928
up €34,928 (+4.1%), from €858,963 to €893,891
- Debts after one year -€19,386
down €19,386 (-23.8%), from €81,599 to €62,213
of which Financial debts: -€19,386
- Gross operating margin +€8,005
up €8,005 (+90.3%), from -€8,864 to -€859
- Depreciation +€788
up €788 (+2.8%), from €28,078 to €28,866
- Financial charges +€581
up €581 (+16.6%), from €3,503 to €4,084
- Other operating charges -€281
down €281 (-7.5%), from €3,747 to €3,467
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.
Cash bridge derived
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 | €909,803 | €876,478 | -€33,325 | -3.7% |
| Fixed assets | 21/28 | €890,210 | €867,168 | -€23,042 | -2.6% |
| Tangible fixed assets | 22/27 | €890,210 | €867,168 | -€23,042 | -2.6% |
| Land and buildings | 22 | €772,186 | €751,486 | -€20,701 | -2.7% |
| Plant, machinery and equipment | 23 | €26,101 | €22,246 | -€3,856 | -14.8% |
| Assets under construction and advance payments | 27 | €91,923 | €93,437 | +€1,514 | +1.6% |
| Current assets | 29/58 | €19,593 | €9,310 | -€10,283 | -52.5% |
| Amounts receivable within one year | 40/41 | €11,874 | €2,681 | -€9,194 | -77.4% |
| Trade receivables | 40 | €11,874 | €2,676 | -€9,198 | -77.5% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €7,444 | €5,493 | -€1,950 | -26.2% |
| Deferred charges and accrued income | 490/1 | €275 | €1,136 | +€861 | +313.5% |
| Total equity and liabilities | 10/49 | €909,803 | €876,478 | -€33,325 | -3.7% |
| Equity | 10/15 | -€64,682 | -€101,925 | -€37,243 | -57.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,682 | -€104,925 | -€37,243 | -55.0% |
| Amounts payable | 17/49 | €974,485 | €978,403 | +€3,918 | +0.4% |
| Amounts payable after more than one year | 17 | €81,599 | €62,213 | -€19,386 | -23.8% |
| Financial debts | 170/4 | €76,819 | €57,433 | -€19,386 | -25.2% |
| Other amounts payable | 178/9 | €4,780 | €4,780 | = | 0.0% |
| Amounts payable within one year | 42/48 | €882,981 | €915,350 | +€32,369 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €18,636 | €19,386 | +€750 | +4.0% |
| Trade debts | 44 | €5,382 | €2,073 | -€3,309 | -61.5% |
| Suppliers | 440/4 | €5,382 | €2,073 | -€3,309 | -61.5% |
| Other amounts payable | 47/48 | €858,963 | €893,891 | +€34,928 | +4.1% |
| Accrued charges and deferred income | 492/3 | €9,905 | €840 | -€9,065 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,078 | €28,866 | +€788 | +2.8% |
| Other operating charges | 640/8 | €3,747 | €3,467 | -€281 | -7.5% |
| Gross operating margin | 9900 | -€8,864 | -€859 | +€8,005 | +90.3% |
| Operating profit (loss) | 9901 | -€40,689 | -€33,191 | +€7,498 | +18.4% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €3,503 | €4,084 | +€581 | +16.6% |
| Recurring financial charges | 65 | €3,503 | €4,084 | +€581 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | -€44,192 | -€37,243 | +€6,950 | +15.7% |
| Profit (loss) for the period | 9904 | -€44,192 | -€37,243 | +€6,950 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,192 | -€37,243 | +€6,950 | +15.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.