PIO coaching: what changed
Two fiscal 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.
PIO coaching
Largest movements
- Cash -€170
down €170 (-97.6%), from €174 to €4
mainly Net result for the year (-€1,427)
- Receivables within one year -€129
down €129 (-44.3%), from €291 to €162
of which Trade receivables: -€71
- Profit (loss) carried forward -€1,427
down €1,427 (-60.1%), from -€2,375 to -€3,802
- Other debts +€900
up €900 (+112.5%), from €800 to €1,700
- Trade debts +€228
up €228 (+564.5%), from €40 to €268
- Gross operating margin +€993
up €993 (+45.0%), from -€2,208 to -€1,215
- Financial charges +€165
up €165 (+1594.2%), from €10 to €176
- Other operating charges -€121
down €121 (-77.2%), from €157 to €36
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.
Cash bridge derived
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 | €465 | €166 | -€299 | -64.3% |
| Current assets | 29/58 | €465 | €166 | -€299 | -64.3% |
| Amounts receivable within one year | 40/41 | €291 | €162 | -€129 | -44.3% |
| Trade receivables | 40 | €71 | - | -€71 | |
| Other amounts receivable | 41 | €219 | €162 | -€58 | -26.2% |
| Cash at bank and in hand | 54/58 | €174 | €4 | -€170 | -97.6% |
| Total equity and liabilities | 10/49 | €465 | €166 | -€299 | -64.3% |
| Equity | 10/15 | -€375 | -€1,802 | -€1,427 | -379.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,375 | -€3,802 | -€1,427 | -60.1% |
| Amounts payable | 17/49 | €840 | €1,968 | +€1,128 | +134.2% |
| Amounts payable within one year | 42/48 | €840 | €1,968 | +€1,128 | +134.2% |
| Trade debts | 44 | €40 | €268 | +€228 | +564.5% |
| Suppliers | 440/4 | €40 | €268 | +€228 | +564.5% |
| Other amounts payable | 47/48 | €800 | €1,700 | +€900 | +112.5% |
| Other operating charges | 640/8 | €157 | €36 | -€121 | -77.2% |
| Gross operating margin | 9900 | -€2,208 | -€1,215 | +€993 | +45.0% |
| Operating profit (loss) | 9901 | -€2,365 | -€1,251 | +€1,114 | +47.1% |
| Financial charges | 65/66B | €10 | €176 | +€165 | +1594.2% |
| Recurring financial charges | 65 | €10 | €176 | +€165 | +1594.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,375 | -€1,427 | +€949 | +39.9% |
| Profit (loss) for the period | 9904 | -€2,375 | -€1,427 | +€949 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,375 | -€1,427 | +€949 | +39.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.