PIERRES & BRIQUES: what changed
PIERRES & BRIQUES
Largest movements
- Tangible fixed assets -€59,099
down €59,099 (-32.8%), from €180,270 to €121,171
of which Plant, machinery and equipment: -€41,329
- Receivables within one year -€46,771
down €46,771 (-76.9%), from €60,783 to €14,012
of which Trade receivables: -€44,342
- Cash +€24,356
up €24,356 (+287%), from €8,480 to €32,836
mainly Depreciation (+€73,739) and Receivables within one year (+€46,771)
- Deferred charges and accrued income -€6,275
down €6,275 (-53.3%), from €11,778 to €5,503
- Profit (loss) carried forward -€35,488
new in 2025: -€35,488
- Trade debts -€19,370
down €19,370 (-100%), from €19,370 to €0
- Debts after one year -€17,697
down €17,697 (-17.1%), from €103,635 to €85,937
- Accrued charges and deferred income -€5,366
down €5,366 (-91.2%), from €5,885 to €519
- Investment grants -€4,200
down €4,200 (-100%), from €4,200 to €0
- Gross operating margin -€228,907
down €228,907 (-47.7%), from €479,807 to €250,899
- Staff costs -€136,271
down €136,271 (-39.6%), from €344,483 to €208,212
- Taxes -€19,078
no longer reported in 2025 (was €19,078)
- Financial income -€8,380
down €8,380 (-66.5%), from €12,600 to €4,220
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,874 | €174,585 | -€87,289 | -33.3% |
| Fixed assets | 21/28 | €180,833 | €122,234 | -€58,599 | -32.4% |
| Tangible fixed assets | 22/27 | €180,270 | €121,171 | -€59,099 | -32.8% |
| Plant, machinery and equipment | 23 | €81,298 | €39,970 | -€41,329 | -50.8% |
| Furniture and vehicles | 24 | €67,533 | €59,463 | -€8,071 | -12.0% |
| Leasing and similar rights | 25 | €31,439 | €21,739 | -€9,700 | -30.9% |
| Financial fixed assets | 28 | €563 | €1,063 | +€500 | +88.8% |
| Current assets | 29/58 | €81,041 | €52,351 | -€28,690 | -35.4% |
| Amounts receivable within one year | 40/41 | €60,783 | €14,012 | -€46,771 | -76.9% |
| Trade receivables | 40 | €46,879 | €2,537 | -€44,342 | -94.6% |
| Other amounts receivable | 41 | €13,904 | €11,475 | -€2,429 | -17.5% |
| Cash at bank and in hand | 54/58 | €8,480 | €32,836 | +€24,356 | +287% |
| Deferred charges and accrued income | 490/1 | €11,778 | €5,503 | -€6,275 | -53.3% |
| Total equity and liabilities | 10/49 | €261,874 | €174,585 | -€87,289 | -33.3% |
| Equity | 10/15 | €70,427 | €30,739 | -€39,688 | -56.4% |
| Contributions | 10/11 | €2,900 | €2,900 | = | 0.0% |
| Reserves | 13 | €63,327 | €63,327 | = | 0.0% |
| Distributable reserves | 133 | €63,327 | €63,327 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,488 | -€35,488 | |
| Investment grants | 15 | €4,200 | €0 | -€4,200 | -100% |
| Amounts payable | 17/49 | €191,447 | €143,846 | -€47,602 | -24.9% |
| Amounts payable after more than one year | 17 | €103,635 | €85,937 | -€17,697 | -17.1% |
| Financial debts | 170/4 | €103,635 | €85,937 | -€17,697 | -17.1% |
| Amounts payable within one year | 42/48 | €81,928 | €57,390 | -€24,538 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €34,427 | €33,241 | -€1,186 | -3.4% |
| Trade debts | 44 | €19,370 | €0 | -€19,370 | -100% |
| Suppliers | 440/4 | €19,370 | €0 | -€19,370 | -100% |
| Taxes, remuneration and social security | 45 | €25,343 | €23,299 | -€2,044 | -8.1% |
| Taxes | 450/3 | €19,187 | €20,339 | +€1,152 | +6.0% |
| Remuneration and social security | 454/9 | €6,156 | €2,960 | -€3,196 | -51.9% |
| Other amounts payable | 47/48 | €2,788 | €850 | -€1,939 | -69.5% |
| Accrued charges and deferred income | 492/3 | €5,885 | €519 | -€5,366 | -91.2% |
| Remuneration, social security and pensions | 62 | €344,483 | €208,212 | -€136,271 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,253 | €73,739 | -€1,514 | -2.0% |
| Other operating charges | 640/8 | €1,732 | €3,350 | +€1,618 | +93.4% |
| Gross operating margin | 9900 | €479,807 | €250,899 | -€228,907 | -47.7% |
| Operating profit (loss) | 9901 | €58,340 | -€34,402 | -€92,741 | |
| Financial income | 75/76B | €12,600 | €4,220 | -€8,380 | -66.5% |
| Recurring financial income | 75 | €12,600 | €4,220 | -€8,380 | -66.5% |
| Financial charges | 65/66B | €6,537 | €5,306 | -€1,231 | -18.8% |
| Recurring financial charges | 65 | €6,537 | €5,306 | -€1,231 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €64,403 | -€35,488 | -€99,890 | |
| Income taxes | 67/77 | €19,078 | - | -€19,078 | |
| Profit (loss) for the period | 9904 | €45,325 | -€35,488 | -€80,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,325 | -€35,488 | -€80,812 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.