PIESSEN RONNY: 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.
PIESSEN RONNY
Largest movements
- Cash -€15,839
down €15,839 (-24.1%), from €65,747 to €49,908
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€17,040)
- Receivables within one year +€3,943
up €3,943 (+12.7%), from €31,039 to €34,982
of which Trade receivables: +€2,792
- Tax, wage and social debts -€17,040
down €17,040 (-45.5%), from €37,455 to €20,415
- Other debts +€3,850
up €3,850 (+12.4%), from €31,150 to €35,000
- Trade debts -€2,673
down €2,673 (-47.9%), from €5,581 to €2,908
- Profit (loss) carried forward +€1,751
up €1,751 (+17.6%), from €9,929 to €11,680
- Current portion of long-term debt +€1,628
up €1,628 (+390%), from €417 to €2,045
- Other operating charges -€8,728
down €8,728 (-72.6%), from €12,026 to €3,298
- Financial charges +€2,794
up €2,794 (+484%), from €577 to €3,371
- Gross operating margin +€2,129
up €2,129 (+2.7%), from €79,724 to €81,853
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 | €98,792 | €86,308 | -€12,484 | -12.6% |
| Fixed assets | 21/28 | €2,006 | €1,418 | -€588 | -29.3% |
| Tangible fixed assets | 22/27 | €2,006 | €1,418 | -€588 | -29.3% |
| Plant, machinery and equipment | 23 | €1,493 | €1,269 | -€224 | -15.0% |
| Furniture and vehicles | 24 | €513 | €149 | -€364 | -71.0% |
| Current assets | 29/58 | €96,786 | €84,890 | -€11,896 | -12.3% |
| Amounts receivable within one year | 40/41 | €31,039 | €34,982 | +€3,943 | +12.7% |
| Trade receivables | 40 | €31,039 | €33,831 | +€2,792 | +9.0% |
| Other amounts receivable | 41 | - | €1,151 | +€1,151 | |
| Cash at bank and in hand | 54/58 | €65,747 | €49,908 | -€15,839 | -24.1% |
| Total equity and liabilities | 10/49 | €98,792 | €86,308 | -€12,484 | -12.6% |
| Equity | 10/15 | €24,189 | €25,940 | +€1,751 | +7.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €9,929 | €11,680 | +€1,751 | +17.6% |
| Amounts payable | 17/49 | €74,603 | €60,368 | -€14,235 | -19.1% |
| Amounts payable within one year | 42/48 | €74,603 | €60,368 | -€14,235 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €417 | €2,045 | +€1,628 | +390% |
| Trade debts | 44 | €5,581 | €2,908 | -€2,673 | -47.9% |
| Suppliers | 440/4 | €5,581 | €2,908 | -€2,673 | -47.9% |
| Taxes, remuneration and social security | 45 | €37,455 | €20,415 | -€17,040 | -45.5% |
| Taxes | 450/3 | €37,455 | €20,415 | -€17,040 | -45.5% |
| Other amounts payable | 47/48 | €31,150 | €35,000 | +€3,850 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €588 | €588 | = | 0.0% |
| Other operating charges | 640/8 | €12,026 | €3,298 | -€8,728 | -72.6% |
| Gross operating margin | 9900 | €79,724 | €81,853 | +€2,129 | +2.7% |
| Operating profit (loss) | 9901 | €67,110 | €77,967 | +€10,857 | +16.2% |
| Financial income | 75/76B | €16 | €5 | -€11 | -68.8% |
| Recurring financial income | 75 | €16 | €5 | -€11 | -68.8% |
| Financial charges | 65/66B | €577 | €3,371 | +€2,794 | +484% |
| Recurring financial charges | 65 | €577 | €3,371 | +€2,794 | +484% |
| Profit (loss) for the period before taxes | 9903 | €66,549 | €74,601 | +€8,052 | +12.1% |
| Income taxes | 67/77 | €22,807 | €22,850 | +€43 | +0.2% |
| Profit (loss) for the period | 9904 | €43,742 | €51,751 | +€8,009 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,742 | €51,751 | +€8,009 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.