PIOTRPOL: 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.
PIOTRPOL
Largest movements
- Cash -€102,653
down €102,653 (-80.4%), from €127,646 to €24,993
mainly Trade debts (-€41,312) and Tax, wage and social debts (-€35,435)
- Receivables within one year +€26,625
up €26,625 (+34.3%), from €77,658 to €104,282
of which Other amounts receivable: +€16,992
- Tangible fixed assets -€3,727
down €3,727 (-48.8%), from €7,640 to €3,913
of which Furniture and vehicles: -€3,148
- Trade debts -€41,312
down €41,312 (-45.6%), from €90,534 to €49,223
- Tax, wage and social debts -€35,435
down €35,435 (-78.0%), from €45,435 to €10,000
of which Taxes: -€30,435
- Profit (loss) carried forward -€31,066
down €31,066 (-99.8%), from €31,130 to €64
- Other debts +€20,614
up €20,614 (+113.3%), from €18,189 to €38,803
- Short-term financial debts +€7,500
new in 2025: €7,500
- Gross operating margin -€81,978
down €81,978 (-86.1%), from €95,181 to €13,203
- Taxes -€19,278
down €19,278 (-94.5%), from €20,403 to €1,124
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 | €217,628 | €137,929 | -€79,699 | -36.6% |
| Fixed assets | 21/28 | €7,867 | €4,140 | -€3,727 | -47.4% |
| Tangible fixed assets | 22/27 | €7,640 | €3,913 | -€3,727 | -48.8% |
| Plant, machinery and equipment | 23 | €2,589 | €2,010 | -€578 | -22.3% |
| Furniture and vehicles | 24 | €5,051 | €1,903 | -€3,148 | -62.3% |
| Financial fixed assets | 28 | €227 | €227 | = | 0.0% |
| Current assets | 29/58 | €209,762 | €133,789 | -€75,973 | -36.2% |
| Amounts receivable within one year | 40/41 | €77,658 | €104,282 | +€26,625 | +34.3% |
| Trade receivables | 40 | €48,719 | €58,352 | +€9,633 | +19.8% |
| Other amounts receivable | 41 | €28,939 | €45,930 | +€16,992 | +58.7% |
| Cash at bank and in hand | 54/58 | €127,646 | €24,993 | -€102,653 | -80.4% |
| Deferred charges and accrued income | 490/1 | €4,457 | €4,513 | +€56 | +1.3% |
| Total equity and liabilities | 10/49 | €217,628 | €137,929 | -€79,699 | -36.6% |
| Equity | 10/15 | €63,469 | €32,403 | -€31,066 | -48.9% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €18,139 | €18,139 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,139 | €18,139 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €16,279 | €16,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,130 | €64 | -€31,066 | -99.8% |
| Amounts payable | 17/49 | €154,159 | €105,526 | -€48,634 | -31.5% |
| Amounts payable within one year | 42/48 | €154,159 | €105,526 | -€48,634 | -31.5% |
| Financial debts | 43 | - | €7,500 | +€7,500 | |
| Credit institutions | 430/8 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €90,534 | €49,223 | -€41,312 | -45.6% |
| Suppliers | 440/4 | €90,534 | €49,223 | -€41,312 | -45.6% |
| Taxes, remuneration and social security | 45 | €45,435 | €10,000 | -€35,435 | -78.0% |
| Taxes | 450/3 | €39,435 | €9,000 | -€30,435 | -77.2% |
| Remuneration and social security | 454/9 | €6,000 | €1,000 | -€5,000 | -83.3% |
| Other amounts payable | 47/48 | €18,189 | €38,803 | +€20,614 | +113.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,460 | €5,709 | -€751 | -11.6% |
| Other operating charges | 640/8 | €2,758 | €2,726 | -€32 | -1.2% |
| Non-recurring operating charges | 66A | - | €3,732 | +€3,732 | |
| Gross operating margin | 9900 | €95,181 | €13,203 | -€81,978 | -86.1% |
| Operating profit (loss) | 9901 | €85,962 | €1,035 | -€84,927 | -98.8% |
| Financial income | 75/76B | €543 | €76 | -€466 | -86.0% |
| Recurring financial income | 75 | €543 | €76 | -€466 | -86.0% |
| Financial charges | 65/66B | €930 | €1,053 | +€123 | +13.3% |
| Recurring financial charges | 65 | €930 | €1,053 | +€123 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €85,575 | €59 | -€85,516 | -99.9% |
| Income taxes | 67/77 | €20,403 | €1,124 | -€19,278 | -94.5% |
| Profit (loss) for the period | 9904 | €65,172 | -€1,066 | -€66,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,172 | -€1,066 | -€66,238 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.