PIETERBOSTOEN.COM: 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.
PIETERBOSTOEN.COM
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets +€33,088
up €33,088 (+1,466%), from €2,257 to €35,345
- Cash +€28,003
up €28,003 (+207%), from €13,509 to €41,512
mainly Current investments (+€100,000) and Net result for the year (+€45,047)
- Financial fixed assets -€12,280
down €12,280 (-100%), from €12,280 to €0
- Receivables within one year +€1,845
up €1,845 (+18.4%), from €10,003 to €11,849
of which Trade receivables: +€1,772
- Debts after one year -€60,000
down €60,000 (-97.8%), from €61,350 to €1,350
of which Financial debts: -€60,000
- Reserves -€50,000
down €50,000 (-54.9%), from €91,133 to €41,133
- Profit (loss) carried forward +€45,047
up €45,047, from -€41,717 to €3,330
- Other debts +€27,505
up €27,505 (+365%), from €7,542 to €35,047
- Tax, wage and social debts -€9,045
down €9,045 (-62.3%), from €14,525 to €5,479
of which Taxes: -€10,428
- Gross operating margin +€85,283
up €85,283, from -€36,403 to €48,880
- Financial income +€3,174
up €3,174 (+906,771%), from €0 to €3,174
- Depreciation -€2,514
down €2,514 (-55.8%), from €4,506 to €1,992
- Staff costs +€2,157
new in 2025: €2,157
- Taxes +€1,707
up €1,707, from €0 to €1,707
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 | €140,191 | €91,085 | -€49,107 | -35.0% |
| Fixed assets | 21/28 | €14,537 | €35,345 | +€20,808 | +143% |
| Tangible fixed assets | 22/27 | €2,257 | €35,345 | +€33,088 | +1,466% |
| Furniture and vehicles | 24 | €2,257 | €35,345 | +€33,088 | +1,466% |
| Financial fixed assets | 28 | €12,280 | €0 | -€12,280 | -100% |
| Current assets | 29/58 | €125,654 | €55,739 | -€69,915 | -55.6% |
| Amounts receivable within one year | 40/41 | €10,003 | €11,849 | +€1,845 | +18.4% |
| Trade receivables | 40 | €10,003 | €11,775 | +€1,772 | +17.7% |
| Other amounts receivable | 41 | €0 | €74 | +€74 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €13,509 | €41,512 | +€28,003 | +207% |
| Deferred charges and accrued income | 490/1 | €2,142 | €2,379 | +€237 | +11.1% |
| Total equity and liabilities | 10/49 | €140,191 | €91,085 | -€49,107 | -35.0% |
| Equity | 10/15 | €51,916 | €46,963 | -€4,953 | -9.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €91,133 | €41,133 | -€50,000 | -54.9% |
| Distributable reserves | 133 | €91,133 | €41,133 | -€50,000 | -54.9% |
| Profit (loss) carried forward | 14 | -€41,717 | €3,330 | +€45,047 | |
| Amounts payable | 17/49 | €88,276 | €44,122 | -€44,154 | -50.0% |
| Amounts payable after more than one year | 17 | €61,350 | €1,350 | -€60,000 | -97.8% |
| Financial debts | 170/4 | €60,000 | €0 | -€60,000 | -100% |
| Other amounts payable | 178/9 | €1,350 | €1,350 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,926 | €42,772 | +€15,846 | +58.9% |
| Financial debts | 43 | €1,919 | €136 | -€1,783 | -92.9% |
| Credit institutions | 430/8 | €1,919 | €136 | -€1,783 | -92.9% |
| Trade debts | 44 | €2,940 | €2,109 | -€831 | -28.3% |
| Suppliers | 440/4 | €2,940 | €2,109 | -€831 | -28.3% |
| Taxes, remuneration and social security | 45 | €14,525 | €5,479 | -€9,045 | -62.3% |
| Taxes | 450/3 | €14,525 | €4,097 | -€10,428 | -71.8% |
| Remuneration and social security | 454/9 | - | €1,382 | +€1,382 | |
| Other amounts payable | 47/48 | €7,542 | €35,047 | +€27,505 | +365% |
| Remuneration, social security and pensions | 62 | - | €2,157 | +€2,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,506 | €1,992 | -€2,514 | -55.8% |
| Other operating charges | 640/8 | €746 | €1,049 | +€303 | +40.6% |
| Gross operating margin | 9900 | -€36,403 | €48,880 | +€85,283 | |
| Operating profit (loss) | 9901 | -€41,655 | €43,682 | +€85,338 | |
| Financial income | 75/76B | €0 | €3,174 | +€3,174 | +906,771% |
| Recurring financial income | 75 | €0 | €3,174 | +€3,174 | +906,771% |
| Financial charges | 65/66B | €62 | €102 | +€40 | +63.7% |
| Recurring financial charges | 65 | €62 | €102 | +€40 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | -€41,717 | €46,755 | +€88,472 | |
| Income taxes | 67/77 | €0 | €1,707 | +€1,707 | |
| Profit (loss) for the period | 9904 | -€41,717 | €45,047 | +€86,764 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,717 | €45,047 | +€86,764 |
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 1 November 2026 via checked.be.