Pietra Construct: 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.
Pietra Construct
Largest movements
- Receivables within one year -€50,692
down €50,692 (-81.3%), from €62,388 to €11,695
of which Trade receivables: -€52,445
- Cash -€1,523
no longer reported in 2024 (was €1,523)
mainly Tax, wage and social debts (-€21,386) and Net result for the year (-€20,472)
- Tax, wage and social debts -€21,386
down €21,386 (-70.5%), from €30,339 to €8,953
of which Remuneration and social security: -€15,470
- Profit (loss) carried forward -€20,472
down €20,472 (-7,763%), from -€264 to -€20,736
- Other debts -€9,235
down €9,235 (-74.3%), from €12,431 to €3,196
- Trade debts -€683
down €683 (-46.3%), from €1,476 to €793
- Turnover -€144,447
no longer reported in 2024 (was €144,447)
- Staff costs -€82,833
down €82,833, from €73,173 to -€9,660
- Gross operating margin -€79,361
down €79,361, from €75,409 to -€3,952
- Purchases and services -€65,155
down €65,155 (-94.3%), from €69,107 to €3,952
- Other operating charges +€25,632
up €25,632 (+6,022%), from €426 to €26,057
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,947 | €13,215 | -€51,732 | -79.7% |
| Fixed assets | 21/28 | €1,036 | €1,519 | +€483 | +46.6% |
| Tangible fixed assets | 22/27 | €658 | €1,141 | +€483 | +73.4% |
| Plant, machinery and equipment | 23 | €658 | €658 | = | 0.0% |
| Furniture and vehicles | 24 | - | €483 | +€483 | |
| Financial fixed assets | 28 | €378 | €378 | = | 0.0% |
| Current assets | 29/58 | €63,910 | €11,695 | -€52,215 | -81.7% |
| Amounts receivable within one year | 40/41 | €62,388 | €11,695 | -€50,692 | -81.3% |
| Trade receivables | 40 | €61,303 | €8,857 | -€52,445 | -85.6% |
| Other amounts receivable | 41 | €1,085 | €2,838 | +€1,753 | +162% |
| Cash at bank and in hand | 54/58 | €1,523 | - | -€1,523 | |
| Total equity and liabilities | 10/49 | €64,947 | €13,215 | -€51,732 | -79.7% |
| Equity | 10/15 | €20,700 | €229 | -€20,472 | -98.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,964 | €17,964 | = | 0.0% |
| Distributable reserves | 133 | €17,964 | €17,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€264 | -€20,736 | -€20,472 | -7,763% |
| Amounts payable | 17/49 | €44,246 | €12,986 | -€31,260 | -70.7% |
| Amounts payable within one year | 42/48 | €44,246 | €12,986 | -€31,260 | -70.7% |
| Financial debts | 43 | - | €44 | +€44 | |
| Credit institutions | 430/8 | - | €44 | +€44 | |
| Trade debts | 44 | €1,476 | €793 | -€683 | -46.3% |
| Suppliers | 440/4 | €1,476 | €793 | -€683 | -46.3% |
| Taxes, remuneration and social security | 45 | €30,339 | €8,953 | -€21,386 | -70.5% |
| Taxes | 450/3 | €7,240 | €1,324 | -€5,915 | -81.7% |
| Remuneration and social security | 454/9 | €23,099 | €7,629 | -€15,470 | -67.0% |
| Other amounts payable | 47/48 | €12,431 | €3,196 | -€9,235 | -74.3% |
| Turnover | 70 | €144,447 | - | -€144,447 | |
| Goods, raw materials, services and sundry goods | 60/61 | €69,107 | €3,952 | -€65,155 | -94.3% |
| Remuneration, social security and pensions | 62 | €73,173 | -€9,660 | -€82,833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | - | -€279 | |
| Other operating charges | 640/8 | €426 | €26,057 | +€25,632 | +6,022% |
| Gross operating margin | 9900 | €75,409 | -€3,952 | -€79,361 | |
| Operating profit (loss) | 9901 | €1,531 | -€20,349 | -€21,880 | |
| Financial charges | 65/66B | €1,124 | €122 | -€1,002 | -89.1% |
| Recurring financial charges | 65 | €1,124 | €122 | -€1,002 | -89.1% |
| Profit (loss) for the period before taxes | 9903 | €406 | -€20,472 | -€20,878 | |
| Income taxes | 67/77 | €174 | - | -€174 | |
| Profit (loss) for the period | 9904 | €232 | -€20,472 | -€20,704 | |
| Profit (loss) for the period to be appropriated | 9905 | €232 | -€20,472 | -€20,704 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.