PIME BUSINESS: 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.
PIME BUSINESS
Largest movements
- Cash +€55,631
up €55,631 (+123%), from €45,062 to €100,693
mainly Net result for the year (+€128,001) and Receivables within one year (+€14,983)
- Receivables within one year -€14,983
no longer reported in 2025 (was €14,983)
of which Trade receivables: -€9,983
- Reserves +€53,000
up €53,000 (+24.4%), from €216,875 to €269,875
of which Distributable reserves: +€53,000
- Debts after one year -€21,856
down €21,856 (-44.1%), from €49,606 to €27,749
- Other debts +€9,867
up €9,867 (+14.9%), from €66,144 to €76,012
- Taxes +€7,583
up €7,583 (+20.5%), from €36,996 to €44,579
- Gross operating margin +€7,364
up €7,364 (+4.4%), from €168,026 to €175,390
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 | €409,720 | €449,443 | +€39,723 | +9.7% |
| Fixed assets | 21/28 | €349,676 | €348,750 | -€926 | -0.3% |
| Tangible fixed assets | 22/27 | €2,598 | €1,672 | -€926 | -35.6% |
| Furniture and vehicles | 24 | €2,598 | €1,672 | -€926 | -35.6% |
| Financial fixed assets | 28 | €347,078 | €347,078 | = | 0.0% |
| Current assets | 29/58 | €60,044 | €100,693 | +€40,649 | +67.7% |
| Amounts receivable within one year | 40/41 | €14,983 | - | -€14,983 | |
| Trade receivables | 40 | €9,983 | - | -€9,983 | |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €45,062 | €100,693 | +€55,631 | +123% |
| Total equity and liabilities | 10/49 | €409,720 | €449,443 | +€39,723 | +9.7% |
| Equity | 10/15 | €246,029 | €299,030 | +€53,001 | +21.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €216,875 | €269,875 | +€53,000 | +24.4% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €215,000 | €268,000 | +€53,000 | +24.7% |
| Profit (loss) carried forward | 14 | €14,154 | €14,155 | +€1 | 0.0% |
| Amounts payable | 17/49 | €163,691 | €150,413 | -€13,278 | -8.1% |
| Amounts payable after more than one year | 17 | €49,606 | €27,749 | -€21,856 | -44.1% |
| Financial debts | 170/4 | €49,606 | €27,749 | -€21,856 | -44.1% |
| Amounts payable within one year | 42/48 | €114,085 | €122,663 | +€8,578 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €23,801 | €21,856 | -€1,945 | -8.2% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €24,140 | €24,396 | +€256 | +1.1% |
| Taxes | 450/3 | €24,140 | €24,396 | +€256 | +1.1% |
| Other amounts payable | 47/48 | €66,144 | €76,012 | +€9,867 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €926 | +€746 | +414% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €168,026 | €175,390 | +€7,364 | +4.4% |
| Operating profit (loss) | 9901 | €167,458 | €174,064 | +€6,606 | +3.9% |
| Financial income | 75/76B | €0 | €2 | +€2 | +19,900% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +19,900% |
| Financial charges | 65/66B | €2,063 | €1,487 | -€576 | -27.9% |
| Recurring financial charges | 65 | €2,063 | €1,487 | -€576 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €165,395 | €172,580 | +€7,184 | +4.3% |
| Income taxes | 67/77 | €36,996 | €44,579 | +€7,583 | +20.5% |
| Profit (loss) for the period | 9904 | €128,399 | €128,001 | -€398 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €128,399 | €128,001 | -€398 | -0.3% |
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 31 October 2026 via checked.be.