PIG COMFORT: what changed
PIG COMFORT
Largest movements
- Receivables within one year +€71,435
up €71,435 (+296%), from €24,123 to €95,559
of which Other amounts receivable: +€43,042
- Current investments -€65,000
no longer reported in 2025 (was €65,000)
- Cash +€46,231
up €46,231 (+438%), from €10,555 to €56,785
mainly Current investments (+€65,000) and Net result for the year (+€52,730)
- Tangible fixed assets -€9,676
down €9,676 (-69.9%), from €13,842 to €4,166
- Reserves +€47,063
up €47,063 (+55.9%), from €84,219 to €131,282
of which Non-distributable reserves: +€47,063
- Trade debts -€8,317
down €8,317 (-85.8%), from €9,695 to €1,378
- Tax, wage and social debts +€5,865
new in 2025: €5,865
- Gross operating margin +€5,580
up €5,580 (+6.6%), from €84,551 to €90,131
- Depreciation -€5,538
down €5,538 (-36.4%), from €15,213 to €9,676
- Taxes +€2,570
up €2,570 (+11.0%), from €23,369 to €25,939
- Other operating charges +€2,023
up €2,023 (+238%), from €852 to €2,875
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 | €114,277 | €158,525 | +€44,248 | +38.7% |
| Fixed assets | 21/28 | €13,842 | €4,166 | -€9,676 | -69.9% |
| Tangible fixed assets | 22/27 | €13,842 | €4,166 | -€9,676 | -69.9% |
| Furniture and vehicles | 24 | €13,842 | €4,166 | -€9,676 | -69.9% |
| Current assets | 29/58 | €100,435 | €154,359 | +€53,924 | +53.7% |
| Amounts receivable within one year | 40/41 | €24,123 | €95,559 | +€71,435 | +296% |
| Trade receivables | 40 | €15,897 | €44,290 | +€28,393 | +179% |
| Other amounts receivable | 41 | €8,226 | €51,268 | +€43,042 | +523% |
| Current investments | 50/53 | €65,000 | - | -€65,000 | |
| Cash at bank and in hand | 54/58 | €10,555 | €56,785 | +€46,231 | +438% |
| Deferred charges and accrued income | 490/1 | €758 | €2,015 | +€1,258 | +166% |
| Total equity and liabilities | 10/49 | €114,277 | €158,525 | +€44,248 | +38.7% |
| Equity | 10/15 | €104,219 | €151,282 | +€47,063 | +45.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €84,219 | €131,282 | +€47,063 | +55.9% |
| Non-distributable reserves | 130/1 | €81,358 | €128,421 | +€47,063 | +57.8% |
| Other | 1319 | €81,358 | €128,421 | +€47,063 | +57.8% |
| Distributable reserves | 133 | €2,861 | €2,861 | = | 0.0% |
| Amounts payable | 17/49 | €10,058 | €7,244 | -€2,815 | -28.0% |
| Amounts payable within one year | 42/48 | €9,695 | €7,244 | -€2,451 | -25.3% |
| Trade debts | 44 | €9,695 | €1,378 | -€8,317 | -85.8% |
| Suppliers | 440/4 | €9,695 | €1,378 | -€8,317 | -85.8% |
| Taxes, remuneration and social security | 45 | - | €5,865 | +€5,865 | |
| Taxes | 450/3 | - | €5,865 | +€5,865 | |
| Accrued charges and deferred income | 492/3 | €363 | - | -€363 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,213 | €9,676 | -€5,538 | -36.4% |
| Other operating charges | 640/8 | €852 | €2,875 | +€2,023 | +238% |
| Non-recurring operating charges | 66A | €293 | €190 | -€103 | -35.2% |
| Gross operating margin | 9900 | €84,551 | €90,131 | +€5,580 | +6.6% |
| Operating profit (loss) | 9901 | €68,193 | €77,390 | +€9,197 | +13.5% |
| Financial income | 75/76B | €650 | €1,444 | +€794 | +122% |
| Recurring financial income | 75 | €650 | €1,444 | +€794 | +122% |
| Financial charges | 65/66B | €646 | €165 | -€481 | -74.4% |
| Recurring financial charges | 65 | €646 | €165 | -€481 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €68,198 | €78,669 | +€10,472 | +15.4% |
| Income taxes | 67/77 | €23,369 | €25,939 | +€2,570 | +11.0% |
| Profit (loss) for the period | 9904 | €44,829 | €52,730 | +€7,901 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,829 | €52,730 | +€7,901 | +17.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.