Pierre & Jules: 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 & Jules
Largest movements
- Cash -€9,211
down €9,211 (-57.6%), from €15,987 to €6,775
mainly Receivables within one year (-€6,343) and Other debts (-€4,031)
- Receivables within one year +€6,343
up €6,343 (+80.6%), from €7,865 to €14,208
of which Other amounts receivable: +€3,543
- Tangible fixed assets -€2,704
down €2,704 (-18.5%), from €14,604 to €11,900
of which Furniture and vehicles: -€2,708
- Other debts -€4,031
down €4,031 (-36.3%), from €11,105 to €7,073
- Tax, wage and social debts -€3,503
down €3,503 (-39.1%), from €8,969 to €5,466
- Current portion of long-term debt +€2,310
new in 2025: €2,310
- Profit (loss) carried forward -€1,536
new in 2025: -€1,536
- Trade debts +€1,396
up €1,396 (+69.4%), from €2,011 to €3,407
- Gross operating margin -€20,448
down €20,448 (-82.0%), from €24,930 to €4,482
- Taxes -€4,230
down €4,230 (-90.2%), from €4,687 to €457
- Depreciation +€980
up €980 (+32.0%), from €3,062 to €4,042
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 | €39,431 | €34,067 | -€5,364 | -13.6% |
| Fixed assets | 21/28 | €14,604 | €11,900 | -€2,704 | -18.5% |
| Tangible fixed assets | 22/27 | €14,604 | €11,900 | -€2,704 | -18.5% |
| Plant, machinery and equipment | 23 | €2,237 | €2,241 | +€4 | +0.2% |
| Furniture and vehicles | 24 | €12,367 | €9,659 | -€2,708 | -21.9% |
| Current assets | 29/58 | €24,827 | €22,167 | -€2,660 | -10.7% |
| Amounts receivable within one year | 40/41 | €7,865 | €14,208 | +€6,343 | +80.6% |
| Trade receivables | 40 | €7,865 | €10,665 | +€2,800 | +35.6% |
| Other amounts receivable | 41 | - | €3,543 | +€3,543 | |
| Cash at bank and in hand | 54/58 | €15,987 | €6,775 | -€9,211 | -57.6% |
| Deferred charges and accrued income | 490/1 | €975 | €1,184 | +€208 | +21.4% |
| Total equity and liabilities | 10/49 | €39,431 | €34,067 | -€5,364 | -13.6% |
| Equity | 10/15 | €17,346 | €15,810 | -€1,536 | -8.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €16,346 | €16,346 | = | 0.0% |
| Distributable reserves | 133 | €16,346 | €16,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,536 | -€1,536 | |
| Amounts payable | 17/49 | €22,085 | €18,257 | -€3,828 | -17.3% |
| Amounts payable within one year | 42/48 | €22,085 | €18,257 | -€3,828 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,310 | +€2,310 | |
| Trade debts | 44 | €2,011 | €3,407 | +€1,396 | +69.4% |
| Suppliers | 440/4 | €2,011 | €3,407 | +€1,396 | +69.4% |
| Taxes, remuneration and social security | 45 | €8,969 | €5,466 | -€3,503 | -39.1% |
| Taxes | 450/3 | €8,969 | €5,466 | -€3,503 | -39.1% |
| Other amounts payable | 47/48 | €11,105 | €7,073 | -€4,031 | -36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,062 | €4,042 | +€980 | +32.0% |
| Other operating charges | 640/8 | €909 | €1,072 | +€163 | +18.0% |
| Gross operating margin | 9900 | €24,930 | €4,482 | -€20,448 | -82.0% |
| Operating profit (loss) | 9901 | €20,959 | -€632 | -€21,592 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €387 | €447 | +€60 | +15.5% |
| Recurring financial charges | 65 | €387 | €447 | +€60 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €20,572 | -€1,079 | -€21,651 | |
| Income taxes | 67/77 | €4,687 | €457 | -€4,230 | -90.2% |
| Profit (loss) for the period | 9904 | €15,885 | -€1,536 | -€17,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,885 | -€1,536 | -€17,422 |
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 27 October 2026 via checked.be.