PIOTOITURE: 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.
PIOTOITURE
Largest movements
- Deferred charges and accrued income -€6,825
down €6,825 (-78.3%), from €8,717 to €1,892
- Receivables within one year -€2,006
down €2,006 (-9.6%), from €20,831 to €18,825
of which Other amounts receivable: -€9,632
- Tangible fixed assets -€1,785
down €1,785 (-24.2%), from €7,364 to €5,579
- Cash -€1,169
down €1,169 (-33.9%), from €3,445 to €2,277
mainly Advances received (-€7,500) and Net result for the year (-€5,701)
- Advances received -€7,500
no longer reported in 2025 (was €7,500)
- Profit (loss) carried forward -€5,701
down €5,701 (-72.7%), from €7,841 to €2,140
- Tax, wage and social debts +€2,014
up €2,014 (+13.3%), from €15,149 to €17,164
of which Remuneration and social security: +€2,493
- Staff costs +€14,400
up €14,400 (+27.9%), from €51,629 to €66,029
- Gross operating margin -€9,263
down €9,263 (-12.9%), from €71,746 to €62,484
- Write-downs -€4,300
no longer reported in 2025 (was €4,300)
- Taxes -€2,075
no longer reported in 2025 (was €2,075)
- Financial charges -€994
down €994 (-76.9%), from €1,292 to €299
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 | €40,739 | €28,955 | -€11,785 | -28.9% |
| Fixed assets | 21/28 | €7,746 | €5,961 | -€1,785 | -23.0% |
| Tangible fixed assets | 22/27 | €7,364 | €5,579 | -€1,785 | -24.2% |
| Plant, machinery and equipment | 23 | €7,364 | €5,579 | -€1,785 | -24.2% |
| Financial fixed assets | 28 | €383 | €383 | = | 0.0% |
| Current assets | 29/58 | €32,993 | €22,994 | -€10,000 | -30.3% |
| Amounts receivable within one year | 40/41 | €20,831 | €18,825 | -€2,006 | -9.6% |
| Trade receivables | 40 | €2,050 | €9,676 | +€7,626 | +372% |
| Other amounts receivable | 41 | €18,780 | €9,148 | -€9,632 | -51.3% |
| Cash at bank and in hand | 54/58 | €3,445 | €2,277 | -€1,169 | -33.9% |
| Deferred charges and accrued income | 490/1 | €8,717 | €1,892 | -€6,825 | -78.3% |
| Total equity and liabilities | 10/49 | €40,739 | €28,955 | -€11,785 | -28.9% |
| Equity | 10/15 | €10,341 | €4,640 | -€5,701 | -55.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,841 | €2,140 | -€5,701 | -72.7% |
| Amounts payable | 17/49 | €30,398 | €24,315 | -€6,083 | -20.0% |
| Amounts payable within one year | 42/48 | €30,398 | €24,315 | -€6,083 | -20.0% |
| Trade debts | 44 | €749 | €520 | -€229 | -30.6% |
| Suppliers | 440/4 | €749 | €520 | -€229 | -30.6% |
| Advances received on contracts in progress | 46 | €7,500 | - | -€7,500 | |
| Taxes, remuneration and social security | 45 | €15,149 | €17,164 | +€2,014 | +13.3% |
| Taxes | 450/3 | €4,979 | €4,500 | -€478 | -9.6% |
| Remuneration and social security | 454/9 | €10,171 | €12,663 | +€2,493 | +24.5% |
| Other amounts payable | 47/48 | €7,000 | €6,632 | -€368 | -5.3% |
| Remuneration, social security and pensions | 62 | €51,629 | €66,029 | +€14,400 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,560 | €1,785 | +€224 | +14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,300 | - | -€4,300 | |
| Other operating charges | 640/8 | €799 | €266 | -€533 | -66.7% |
| Non-recurring operating charges | 66A | €2,250 | - | -€2,250 | |
| Gross operating margin | 9900 | €71,746 | €62,484 | -€9,263 | -12.9% |
| Operating profit (loss) | 9901 | €11,208 | -€5,596 | -€16,804 | |
| Financial income | 75/76B | €1 | €193 | +€193 | +35,650% |
| Recurring financial income | 75 | €1 | €193 | +€193 | +35,650% |
| Financial charges | 65/66B | €1,292 | €299 | -€994 | -76.9% |
| Recurring financial charges | 65 | €1,292 | €299 | -€994 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €9,916 | -€5,701 | -€15,618 | |
| Income taxes | 67/77 | €2,075 | - | -€2,075 | |
| Profit (loss) for the period | 9904 | €7,841 | -€5,701 | -€13,543 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,841 | -€5,701 | -€13,543 |
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 20 October 2026 via checked.be.