Pierre Weinstadt: 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 Weinstadt
Largest movements
- Deferred charges and accrued income +€209,489
new in 2025: €209,489
- Cash -€85,853
down €85,853 (-60.1%), from €142,873 to €57,020
mainly Deferred charges and accrued income (-€209,489) and Current investments (-€50,000)
- Current investments +€50,000
new in 2025: €50,000
- Receivables within one year +€11,790
up €11,790 (+34.9%), from €33,769 to €45,559
of which Other amounts receivable: +€11,396
- Reserves +€135,000
up €135,000 (+78.0%), from €173,000 to €308,000
- Tax, wage and social debts +€50,528
up €50,528 (+80,407%), from €63 to €50,590
- Gross operating margin +€183,834
up €183,834, from -€393 to €183,441
- Taxes +€50,528
up €50,528 (+80,407%), from €63 to €50,590
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 | €176,643 | €362,068 | +€185,426 | +105% |
| Current assets | 29/58 | €176,643 | €362,068 | +€185,426 | +105% |
| Amounts receivable within one year | 40/41 | €33,769 | €45,559 | +€11,790 | +34.9% |
| Trade receivables | 40 | - | €393 | +€393 | |
| Other amounts receivable | 41 | €33,769 | €45,166 | +€11,396 | +33.7% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €142,873 | €57,020 | -€85,853 | -60.1% |
| Deferred charges and accrued income | 490/1 | - | €209,489 | +€209,489 | |
| Total equity and liabilities | 10/49 | €176,643 | €362,068 | +€185,426 | +105% |
| Equity | 10/15 | €176,580 | €311,478 | +€134,898 | +76.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €173,000 | €308,000 | +€135,000 | +78.0% |
| Distributable reserves | 133 | €173,000 | €308,000 | +€135,000 | +78.0% |
| Profit (loss) carried forward | 14 | €580 | €478 | -€102 | -17.6% |
| Amounts payable | 17/49 | €63 | €50,590 | +€50,528 | +80,407% |
| Amounts payable within one year | 42/48 | €63 | €50,590 | +€50,528 | +80,407% |
| Taxes, remuneration and social security | 45 | €63 | €50,590 | +€50,528 | +80,407% |
| Taxes | 450/3 | €63 | €50,590 | +€50,528 | +80,407% |
| Gross operating margin | 9900 | -€393 | €183,441 | +€183,834 | |
| Operating profit (loss) | 9901 | -€393 | €183,441 | +€183,834 | |
| Financial income | 75/76B | €681 | €2,122 | +€1,441 | +211% |
| Recurring financial income | 75 | €681 | €2,122 | +€1,441 | +211% |
| Financial charges | 65/66B | - | €75 | +€75 | |
| Recurring financial charges | 65 | - | €75 | +€75 | |
| Profit (loss) for the period before taxes | 9903 | €288 | €185,488 | +€185,200 | +64,252% |
| Income taxes | 67/77 | €63 | €50,590 | +€50,528 | +80,407% |
| Profit (loss) for the period | 9904 | €225 | €134,898 | +€134,673 | +59,748% |
| Profit (loss) for the period to be appropriated | 9905 | €225 | €134,898 | +€134,673 | +59,748% |
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.