PIERRE SIBILLE CONSTRUCTIONS: 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 SIBILLE CONSTRUCTIONS
Largest movements
- Receivables within one year +€76,436
up €76,436 (+244%), from €31,349 to €107,785
of which Trade receivables: +€75,114
- Stocks and contracts -€30,950
down €30,950 (-52.1%), from €59,450 to €28,500
- Cash +€15,386
up €15,386 (+440%), from €3,496 to €18,881
mainly Trade debts (+€54,512) and Stocks and contracts (+€30,950)
- Trade debts +€54,512
up €54,512 (+125%), from €43,697 to €98,209
- Tax, wage and social debts +€22,175
up €22,175 (+28.0%), from €79,255 to €101,430
of which Remuneration and social security: +€21,359
- Profit (loss) carried forward -€8,557
down €8,557 (-141%), from -€6,052 to -€14,609
- Current portion of long-term debt -€6,822
down €6,822 (-51.7%), from €13,185 to €6,363
- Debts after one year -€4,498
no longer reported in 2025 (was €4,498)
- Staff costs +€28,226
up €28,226 (+12.1%), from €232,656 to €260,882
- Gross operating margin +€5,838
up €5,838 (+2.1%), from €280,486 to €286,324
- Depreciation +€3,081
up €3,081 (+21.1%), from €14,584 to €17,665
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 | €163,313 | €223,415 | +€60,102 | +36.8% |
| Fixed assets | 21/28 | €67,392 | €67,946 | +€555 | +0.8% |
| Tangible fixed assets | 22/27 | €67,342 | €67,896 | +€555 | +0.8% |
| Plant, machinery and equipment | 23 | €33,227 | €29,675 | -€3,552 | -10.7% |
| Furniture and vehicles | 24 | €12,869 | €20,375 | +€7,506 | +58.3% |
| Leasing and similar rights | 25 | €21,246 | €17,846 | -€3,400 | -16.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €95,921 | €155,468 | +€59,547 | +62.1% |
| Stocks and contracts in progress | 3 | €59,450 | €28,500 | -€30,950 | -52.1% |
| Stocks | 30/36 | €59,450 | €28,500 | -€30,950 | -52.1% |
| Amounts receivable within one year | 40/41 | €31,349 | €107,785 | +€76,436 | +244% |
| Trade receivables | 40 | €30,676 | €105,790 | +€75,114 | +245% |
| Other amounts receivable | 41 | €673 | €1,995 | +€1,322 | +196% |
| Cash at bank and in hand | 54/58 | €3,496 | €18,881 | +€15,386 | +440% |
| Deferred charges and accrued income | 490/1 | €1,627 | €302 | -€1,325 | -81.5% |
| Total equity and liabilities | 10/49 | €163,313 | €223,415 | +€60,102 | +36.8% |
| Equity | 10/15 | €22,678 | €14,121 | -€8,557 | -37.7% |
| Contributions | 10/11 | €11,300 | €11,300 | = | 0.0% |
| Reserves | 13 | €17,430 | €17,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,570 | €15,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,052 | -€14,609 | -€8,557 | -141% |
| Amounts payable | 17/49 | €140,635 | €209,293 | +€68,659 | +48.8% |
| Amounts payable after more than one year | 17 | €4,498 | - | -€4,498 | |
| Financial debts | 170/4 | €4,498 | - | -€4,498 | |
| Amounts payable within one year | 42/48 | €136,137 | €209,293 | +€73,156 | +53.7% |
| Current portion of amounts payable after more than one year | 42 | €13,185 | €6,363 | -€6,822 | -51.7% |
| Trade debts | 44 | €43,697 | €98,209 | +€54,512 | +125% |
| Suppliers | 440/4 | €43,697 | €98,209 | +€54,512 | +125% |
| Taxes, remuneration and social security | 45 | €79,255 | €101,430 | +€22,175 | +28.0% |
| Taxes | 450/3 | €6,067 | €6,883 | +€816 | +13.5% |
| Remuneration and social security | 454/9 | €73,188 | €94,546 | +€21,359 | +29.2% |
| Other amounts payable | 47/48 | - | €3,291 | +€3,291 | |
| Remuneration, social security and pensions | 62 | €232,656 | €260,882 | +€28,226 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,584 | €17,665 | +€3,081 | +21.1% |
| Other operating charges | 640/8 | €10,442 | €10,525 | +€83 | +0.8% |
| Non-recurring operating charges | 66A | €279 | - | -€279 | |
| Gross operating margin | 9900 | €280,486 | €286,324 | +€5,838 | +2.1% |
| Operating profit (loss) | 9901 | €22,526 | -€2,748 | -€25,274 | |
| Financial income | 75/76B | €58 | €43 | -€15 | -25.2% |
| Recurring financial income | 75 | €58 | €43 | -€15 | -25.2% |
| Financial charges | 65/66B | €5,973 | €5,514 | -€459 | -7.7% |
| Recurring financial charges | 65 | €5,973 | €5,514 | -€459 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €16,610 | -€8,220 | -€24,830 | |
| Income taxes | 67/77 | €329 | €337 | +€8 | +2.6% |
| Profit (loss) for the period | 9904 | €16,281 | -€8,557 | -€24,838 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,281 | -€8,557 | -€24,838 |
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 28 October 2026 via checked.be.