Piovra: 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.
Piovra
Largest movements
- Receivables within one year -€9,873
down €9,873 (-100.0%), from €9,873 to €0
- Cash -€193
down €193 (-100.0%), from €193 to €0
mainly Trade debts (-€10,774) and Short-term financial debts (-€3,100)
- Trade debts -€10,774
down €10,774 (-96.6%), from €11,154 to €380
- Other debts +€4,740
up €4,740 (+513.3%), from €924 to €5,664
- Short-term financial debts -€3,100
down €3,100 (-100.0%), from €3,100 to €0
- Profit (loss) carried forward -€724
down €724 (-9.9%), from -€7,324 to -€8,048
- Tax, wage and social debts -€213
down €213 (-100.0%), from €213 to €0
- Gross operating margin -€11,943
down €11,943, from €11,558 to -€385
- Depreciation -€2,639
down €2,639 (-100.0%), from €2,639 to €0
- Financial charges -€1,136
down €1,136 (-87.3%), from €1,301 to €165
- Other operating charges +€170
new in 2025: €170
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 | €10,066 | €0 | -€10,066 | -100.0% |
| Current assets | 29/58 | €10,066 | €0 | -€10,066 | -100.0% |
| Amounts receivable within one year | 40/41 | €9,873 | €0 | -€9,873 | -100.0% |
| Trade receivables | 40 | €9,873 | €0 | -€9,873 | -100.0% |
| Cash at bank and in hand | 54/58 | €193 | €0 | -€193 | -100.0% |
| Total equity and liabilities | 10/49 | €10,066 | €0 | -€10,066 | -100.0% |
| Equity | 10/15 | -€5,324 | -€6,048 | -€724 | -13.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,324 | -€8,048 | -€724 | -9.9% |
| Amounts payable | 17/49 | €15,390 | €6,048 | -€9,342 | -60.7% |
| Amounts payable within one year | 42/48 | €15,390 | €6,044 | -€9,346 | -60.7% |
| Financial debts | 43 | €3,100 | €0 | -€3,100 | -100.0% |
| Credit institutions | 430/8 | €3,100 | €0 | -€3,100 | -100.0% |
| Trade debts | 44 | €11,154 | €380 | -€10,774 | -96.6% |
| Suppliers | 440/4 | €11,154 | €380 | -€10,774 | -96.6% |
| Taxes, remuneration and social security | 45 | €213 | €0 | -€213 | -100.0% |
| Taxes | 450/3 | €213 | €0 | -€213 | -100.0% |
| Other amounts payable | 47/48 | €924 | €5,664 | +€4,740 | +513.3% |
| Accrued charges and deferred income | 492/3 | - | €5 | +€5 | |
| Remuneration, social security and pensions | 62 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,639 | €0 | -€2,639 | -100.0% |
| Other operating charges | 640/8 | - | €170 | +€170 | |
| Gross operating margin | 9900 | €11,558 | -€385 | -€11,943 | |
| Operating profit (loss) | 9901 | €8,920 | -€559 | -€9,479 | |
| Financial charges | 65/66B | €1,301 | €165 | -€1,136 | -87.3% |
| Recurring financial charges | 65 | €1,301 | €165 | -€1,136 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | €7,619 | -€724 | -€8,343 | |
| Profit (loss) for the period | 9904 | €7,619 | -€724 | -€8,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,619 | -€724 | -€8,343 |
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 11 October 2026 via checked.be.