Piper IT: 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.
Piper IT
Largest movements
- Cash -€1,770
down €1,770 (-5.0%), from €35,269 to €33,499
mainly Contributions, distributions and other (-€9,084) and Trade debts (-€3,411)
- Receivables within one year +€950
up €950 (+12.6%), from €7,520 to €8,470
of which Trade receivables: +€1,377
- Tangible fixed assets -€821
down €821 (-78.7%), from €1,043 to €222
- Trade debts -€3,411
down €3,411 (-100%), from €3,411 to €0
- Reserves +€2,141
up €2,141 (+23.6%), from €9,084 to €11,225
- Other debts -€1,675
down €1,675 (-11.7%), from €14,359 to €12,684
- Tax, wage and social debts +€1,633
up €1,633 (+12.1%), from €13,458 to €15,091
of which Taxes: +€2,150
- Gross operating margin +€7,582
up €7,582 (+82.0%), from €9,245 to €16,828
- Taxes +€2,044
up €2,044 (+122%), from €1,677 to €3,721
- Depreciation -€330
down €330 (-28.7%), from €1,150 to €821
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 | €44,041 | €42,737 | -€1,304 | -3.0% |
| Fixed assets | 21/28 | €1,043 | €222 | -€821 | -78.7% |
| Tangible fixed assets | 22/27 | €1,043 | €222 | -€821 | -78.7% |
| Furniture and vehicles | 24 | €1,043 | €222 | -€821 | -78.7% |
| Current assets | 29/58 | €42,999 | €42,515 | -€484 | -1.1% |
| Amounts receivable within one year | 40/41 | €7,520 | €8,470 | +€950 | +12.6% |
| Trade receivables | 40 | €7,020 | €8,397 | +€1,377 | +19.6% |
| Other amounts receivable | 41 | €500 | €73 | -€428 | -85.5% |
| Cash at bank and in hand | 54/58 | €35,269 | €33,499 | -€1,770 | -5.0% |
| Deferred charges and accrued income | 490/1 | €210 | €546 | +€337 | +161% |
| Total equity and liabilities | 10/49 | €44,041 | €42,737 | -€1,304 | -3.0% |
| Equity | 10/15 | €12,084 | €14,225 | +€2,141 | +17.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,084 | €11,225 | +€2,141 | +23.6% |
| Distributable reserves | 133 | €9,084 | €11,225 | +€2,141 | +23.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,957 | €28,512 | -€3,445 | -10.8% |
| Amounts payable within one year | 42/48 | €31,228 | €27,775 | -€3,453 | -11.1% |
| Trade debts | 44 | €3,411 | €0 | -€3,411 | -100% |
| Suppliers | 440/4 | €3,411 | €0 | -€3,411 | -100% |
| Taxes, remuneration and social security | 45 | €13,458 | €15,091 | +€1,633 | +12.1% |
| Taxes | 450/3 | €10,179 | €12,328 | +€2,150 | +21.1% |
| Remuneration and social security | 454/9 | €3,279 | €2,762 | -€517 | -15.8% |
| Other amounts payable | 47/48 | €14,359 | €12,684 | -€1,675 | -11.7% |
| Accrued charges and deferred income | 492/3 | €730 | €737 | +€7 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,150 | €821 | -€330 | -28.7% |
| Other operating charges | 640/8 | €86 | €141 | +€55 | +63.4% |
| Gross operating margin | 9900 | €9,245 | €16,828 | +€7,582 | +82.0% |
| Operating profit (loss) | 9901 | €8,009 | €15,867 | +€7,858 | +98.1% |
| Financial income | 75/76B | €0 | €23 | +€23 | +75,567% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +75,567% |
| Financial charges | 65/66B | €906 | €944 | +€37 | +4.1% |
| Recurring financial charges | 65 | €906 | €944 | +€37 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €7,103 | €14,946 | +€7,843 | +110% |
| Income taxes | 67/77 | €1,677 | €3,721 | +€2,044 | +122% |
| Profit (loss) for the period | 9904 | €5,425 | €11,225 | +€5,799 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €5,425 | €11,225 | +€5,799 | +107% |
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.