PIERRE VAN ACHTER: 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 VAN ACHTER
Largest movements
- Financial fixed assets -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€46,313
up €46,313 (+456%), from €10,147 to €56,459
mainly Investment in fixed assets (net) (+€100,000) and Tax, wage and social debts (+€5,640)
- Receivables within one year +€43,565
up €43,565 (+32.4%), from €134,329 to €177,894
of which Other amounts receivable: +€51,862
- Debts after one year -€20,177
down €20,177 (-35.0%), from €57,668 to €37,491
- Tax, wage and social debts +€5,640
up €5,640 (+12.9%), from €43,667 to €49,306
- Profit (loss) carried forward +€3,693
up €3,693 (+219%), from €1,686 to €5,379
- Financial charges +€88,580
up €88,580 (+1,703%), from €5,201 to €93,781
of which Non-recurring financial charges: +€90,560
- Gross operating margin -€42,960
down €42,960 (-24.3%), from €177,078 to €134,118
- Taxes -€14,000
down €14,000 (-27.9%), from €50,208 to €36,207
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 | €244,476 | €234,354 | -€10,122 | -4.1% |
| Fixed assets | 21/28 | €100,000 | - | -€100,000 | |
| Financial fixed assets | 28 | €100,000 | - | -€100,000 | |
| Current assets | 29/58 | €144,476 | €234,354 | +€89,878 | +62.2% |
| Amounts receivable within one year | 40/41 | €134,329 | €177,894 | +€43,565 | +32.4% |
| Trade receivables | 40 | €15,488 | €7,191 | -€8,297 | -53.6% |
| Other amounts receivable | 41 | €118,841 | €170,703 | +€51,862 | +43.6% |
| Cash at bank and in hand | 54/58 | €10,147 | €56,459 | +€46,313 | +456% |
| Total equity and liabilities | 10/49 | €244,476 | €234,354 | -€10,122 | -4.1% |
| Equity | 10/15 | €123,686 | €127,379 | +€3,693 | +3.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €120,000 | €120,000 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,686 | €5,379 | +€3,693 | +219% |
| Amounts payable | 17/49 | €120,789 | €106,974 | -€13,815 | -11.4% |
| Amounts payable after more than one year | 17 | €57,668 | €37,491 | -€20,177 | -35.0% |
| Financial debts | 170/4 | €57,668 | €37,491 | -€20,177 | -35.0% |
| Amounts payable within one year | 42/48 | €63,121 | €69,483 | +€6,362 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €19,324 | €20,177 | +€852 | +4.4% |
| Trade debts | 44 | €130 | - | -€130 | |
| Suppliers | 440/4 | €130 | - | -€130 | |
| Taxes, remuneration and social security | 45 | €43,667 | €49,306 | +€5,640 | +12.9% |
| Taxes | 450/3 | €43,667 | €49,306 | +€5,640 | +12.9% |
| Other operating charges | 640/8 | - | €478 | +€478 | |
| Gross operating margin | 9900 | €177,078 | €134,118 | -€42,960 | -24.3% |
| Operating profit (loss) | 9901 | €177,078 | €133,641 | -€43,438 | -24.5% |
| Financial income | 75/76B | €17 | €41 | +€24 | +139% |
| Recurring financial income | 75 | €17 | €41 | +€24 | +139% |
| Financial charges | 65/66B | €5,201 | €93,781 | +€88,580 | +1,703% |
| Recurring financial charges | 65 | €5,201 | €3,221 | -€1,980 | -38.1% |
| Non-recurring financial charges | 66B | - | €90,560 | +€90,560 | |
| Profit (loss) for the period before taxes | 9903 | €171,894 | €39,900 | -€131,994 | -76.8% |
| Income taxes | 67/77 | €50,208 | €36,207 | -€14,000 | -27.9% |
| Profit (loss) for the period | 9904 | €121,686 | €3,693 | -€117,994 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,686 | €3,693 | -€117,994 | -97.0% |
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 23 October 2026 via checked.be.