Piette - Lemille: 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.
What changed
Piette - Lemille
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€242,891
2024 · €377,498-€134,607
Equity
€1.4m
2024 · €1.6m-€157,109
Cash
€1.2m
2024 · €1.0m+€199,017
Balance sheet total
€2.1m
2024 · €2.0m+€107,034
Largest movements
Assets
- Cash +€199,017
up €199,017 (+19.1%), from €1.0m to €1.2m
mainly Other debts (+€301,707) and Net result for the year (+€242,891)
- Stocks and contracts -€50,963
down €50,963 (-19.3%), from €264,661 to €213,698
- Receivables within one year -€28,528
down €28,528 (-11.7%), from €244,163 to €215,635
of which Other amounts receivable: -€26,177
Equity and liabilities
- Other debts +€301,707
up €301,707 (+297%), from €101,545 to €403,252
- Profit (loss) carried forward -€157,109
down €157,109 (-25.6%), from €614,106 to €456,997
- Debts after one year -€23,436
down €23,436 (-14.0%), from €167,094 to €143,658
Income statement
- Gross operating margin -€298,875
down €298,875 (-24.1%), from €1.2m to €941,995
- Staff costs -€115,287
down €115,287 (-18.8%), from €612,456 to €497,169
- Taxes -€38,369
down €38,369 (-30.9%), from €124,021 to €85,652
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.
Result 2024
€377,498
Gross operating margin
-€298,875
Staff costs
+€115,287
Depreciation
+€11,686
Write-downs
-€904
Other operating charges
+€353
Financial income
+€350
Financial charges
-€874
Taxes
+€38,369
Result 2025
€242,891
raises the resultlowers the result
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.
From operations
+€693,256
Investment
-€64,484
Financing
-€429,755
Cash 2024
€1.0m
From operations (derived)
+€693,256
Net result for the year
+€242,891
Depreciation
+€88,147
Stocks and contracts
+€50,963
Receivables within one year
+€28,528
Deferred charges and accrued income
-€11,171
Trade debts
-€5,497
Tax, wage and social debts
-€14,350
Other debts
+€301,707
Accrued charges and deferred income
+€12,038
Investment (derived)
-€64,484
Investment in fixed assets (net)
-€64,484
Financing
-€429,755
Debts after one year
-€23,436
Current portion of long-term debt
-€6,319
Contributions, distributions and other
-€400,000
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,977,000 | €2,084,033 | +€107,034 | +5.4% |
| Fixed assets | 21/28 | €388,305 | €364,642 | -€23,663 | -6.1% |
| Intangible fixed assets | 21 | €19,101 | €7,443 | -€11,658 | -61.0% |
| Tangible fixed assets | 22/27 | €368,808 | €356,804 | -€12,005 | -3.3% |
| Land and buildings | 22 | €188,619 | €179,387 | -€9,232 | -4.9% |
| Plant, machinery and equipment | 23 | €4,307 | €12,386 | +€8,079 | +188% |
| Furniture and vehicles | 24 | €111,876 | €111,396 | -€481 | -0.4% |
| Other tangible fixed assets | 26 | €64,006 | €53,635 | -€10,371 | -16.2% |
| Financial fixed assets | 28 | €395 | €395 | = | 0.0% |
| Current assets | 29/58 | €1,588,695 | €1,719,391 | +€130,697 | +8.2% |
| Stocks and contracts in progress | 3 | €264,661 | €213,698 | -€50,963 | -19.3% |
| Stocks | 30/36 | €264,661 | €213,698 | -€50,963 | -19.3% |
| Amounts receivable within one year | 40/41 | €244,163 | €215,635 | -€28,528 | -11.7% |
| Trade receivables | 40 | €182,263 | €179,911 | -€2,352 | -1.3% |
| Other amounts receivable | 41 | €61,900 | €35,723 | -€26,177 | -42.3% |
| Cash at bank and in hand | 54/58 | €1,044,442 | €1,243,459 | +€199,017 | +19.1% |
| Deferred charges and accrued income | 490/1 | €35,429 | €46,600 | +€11,171 | +31.5% |
| Total equity and liabilities | 10/49 | €1,977,000 | €2,084,033 | +€107,034 | +5.4% |
| Equity | 10/15 | €1,561,311 | €1,404,201 | -€157,109 | -10.1% |
| Contributions | 10/11 | €193,357 | €193,357 | = | 0.0% |
| Capital | 10 | €193,357 | €193,357 | = | 0.0% |
| Issued capital | 100 | €193,357 | €193,357 | = | 0.0% |
| Reserves | 13 | €753,847 | €753,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,336 | €19,336 | = | 0.0% |
| Legal reserve | 130 | €19,336 | €19,336 | = | 0.0% |
| Distributable reserves | 133 | €734,512 | €734,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | €614,106 | €456,997 | -€157,109 | -25.6% |
| Amounts payable | 17/49 | €415,689 | €679,832 | +€264,143 | +63.5% |
| Amounts payable after more than one year | 17 | €167,094 | €143,658 | -€23,436 | -14.0% |
| Financial debts | 170/4 | €167,094 | €143,658 | -€23,436 | -14.0% |
| Amounts payable within one year | 42/48 | €247,442 | €522,983 | +€275,541 | +111% |
| Current portion of amounts payable after more than one year | 42 | €67,743 | €61,424 | -€6,319 | -9.3% |
| Trade debts | 44 | €12,671 | €7,173 | -€5,497 | -43.4% |
| Suppliers | 440/4 | €12,671 | €7,173 | -€5,497 | -43.4% |
| Taxes, remuneration and social security | 45 | €65,483 | €51,133 | -€14,350 | -21.9% |
| Taxes | 450/3 | €20,308 | €320 | -€19,988 | -98.4% |
| Remuneration and social security | 454/9 | €45,175 | €50,813 | +€5,638 | +12.5% |
| Other amounts payable | 47/48 | €101,545 | €403,252 | +€301,707 | +297% |
| Accrued charges and deferred income | 492/3 | €1,153 | €13,191 | +€12,038 | +1,044% |
| Remuneration, social security and pensions | 62 | €612,456 | €497,169 | -€115,287 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,833 | €88,147 | -€11,686 | -11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €904 | +€904 | |
| Other operating charges | 640/8 | €11,378 | €11,024 | -€353 | -3.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,240,870 | €941,995 | -€298,875 | -24.1% |
| Operating profit (loss) | 9901 | €517,204 | €344,751 | -€172,453 | -33.3% |
| Financial income | 75/76B | €460 | €810 | +€350 | +76.0% |
| Recurring financial income | 75 | €460 | €810 | +€350 | +76.0% |
| Financial charges | 65/66B | €16,145 | €17,019 | +€874 | +5.4% |
| Recurring financial charges | 65 | €16,145 | €17,019 | +€874 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €501,519 | €328,543 | -€172,976 | -34.5% |
| Income taxes | 67/77 | €124,021 | €85,652 | -€38,369 | -30.9% |
| Profit (loss) for the period | 9904 | €377,498 | €242,891 | -€134,607 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €377,498 | €242,891 | -€134,607 | -35.7% |
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 29 October 2026 via checked.be.