PIRAGRI: 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.
What changed
PIRAGRI
NACE 47.300, Retail sale of automotive fuel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€292,879
2024 · €414,915-€122,036
Equity
€2.1m
2024 · €1.9m+€242,879
Cash
€83,826
2024 · €139,658-€55,831
Balance sheet total
€11.4m
2024 · €7.4m+€4.0m
Largest movements
Assets
- Receivables within one year +€3.0m
up €3.0m (+53.6%), from €5.7m to €8.7m
of which Trade receivables: +€2.9m
- Tangible fixed assets +€1.0m
up €1.0m (+145%), from €691,281 to €1.7m
of which Land and buildings: +€600,027
Equity and liabilities
- Trade debts +€2.4m
up €2.4m (+87.5%), from €2.7m to €5.1m
- Debts after one year +€910,950
up €910,950 (+234%), from €390,058 to €1.3m
- Other debts +€262,412
up €262,412 (+245%), from €107,089 to €369,501
- Profit (loss) carried forward +€242,879
up €242,879 (+14.9%), from €1.6m to €1.9m
Income statement
- Turnover +€811,945
up €811,945 (+2.5%), from €32.6m to €33.4m
- Goods and materials +€493,902
up €493,902 (+1.6%), from €30.3m to €30.8m
of which Purchases: +€379,299
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.
Result 2024
€414,915
Turnover
+€811,945
Other operating income
-€5,669
Goods and materials
-€493,902
Services and other goods
-€148,455
Staff costs
-€178,215
Depreciation
-€161,474
Other operating charges
+€7,412
Financial income
-€3,262
Financial charges
+€12,216
Taxes
+€39,757
Deferred taxes and other
-€2,389
Result 2025
€292,879
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€337,766
Investment
-€1.4m
Financing
+€970,403
Cash 2024
€139,658
From operations (derived)
+€337,766
Net result for the year
+€292,879
Depreciation
+€311,000
Stocks and contracts
+€57,391
Receivables within one year
-€3.0m
Trade debts
+€2.4m
Tax, wage and social debts
+€43,144
Other debts
+€262,412
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€970,403
Debts after one year
+€910,950
Current portion of long-term debt
+€109,453
Contributions, distributions and other
-€50,000
Cash 2025
€83,826
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,396,205 | €11,362,314 | +€4.0m | +53.6% |
| Fixed assets | 21/28 | €1,287,877 | €2,340,877 | +€1.1m | +81.8% |
| Tangible fixed assets | 22/27 | €691,281 | €1,694,147 | +€1.0m | +145% |
| Land and buildings | 22 | €261,389 | €861,416 | +€600,027 | +230% |
| Plant, machinery and equipment | 23 | €15,539 | €24,718 | +€9,179 | +59.1% |
| Furniture and vehicles | 24 | €323,340 | €756,005 | +€432,666 | +134% |
| Leasing and similar rights | 25 | €91,014 | €52,008 | -€39,006 | -42.9% |
| Financial fixed assets | 28 | €596,596 | €646,731 | +€50,135 | +8.4% |
| Affiliated companies | 280/1 | €595,421 | €645,421 | +€50,000 | +8.4% |
| Participating interests | 280 | €595,421 | €645,421 | +€50,000 | +8.4% |
| Other financial fixed assets | 284/8 | €1,175 | €1,310 | +€135 | +11.5% |
| Amounts receivable and cash guarantees | 285/8 | €1,175 | €1,310 | +€135 | +11.5% |
| Current assets | 29/58 | €6,108,328 | €9,021,437 | +€2.9m | +47.7% |
| Stocks and contracts in progress | 3 | €318,088 | €260,697 | -€57,391 | -18.0% |
| Stocks | 30/36 | €318,088 | €260,697 | -€57,391 | -18.0% |
| Goods purchased for resale | 34 | €318,088 | €260,697 | -€57,391 | -18.0% |
| Amounts receivable within one year | 40/41 | €5,650,583 | €8,676,913 | +€3.0m | +53.6% |
| Trade receivables | 40 | €5,640,905 | €8,492,902 | +€2.9m | +50.6% |
| Other amounts receivable | 41 | €9,678 | €184,011 | +€174,333 | +1,801% |
| Cash at bank and in hand | 54/58 | €139,658 | €83,826 | -€55,831 | -40.0% |
| Total equity and liabilities | 10/49 | €7,396,205 | €11,362,314 | +€4.0m | +53.6% |
| Equity | 10/15 | €1,882,676 | €2,125,555 | +€242,879 | +12.9% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €87,279 | €87,279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €71,657 | €71,657 | = | 0.0% |
| Distributable reserves | 133 | €622 | €622 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,633,549 | €1,876,429 | +€242,879 | +14.9% |
| Investment grants | 15 | €11,847 | €11,847 | = | 0.0% |
| Provisions and deferred taxes | 16 | €20,978 | €20,978 | = | 0.0% |
| Deferred taxes | 168 | €20,978 | €20,978 | = | 0.0% |
| Amounts payable | 17/49 | €5,492,552 | €9,215,782 | +€3.7m | +67.8% |
| Amounts payable after more than one year | 17 | €390,058 | €1,301,008 | +€910,950 | +234% |
| Financial debts | 170/4 | €390,058 | €1,301,008 | +€910,950 | +234% |
| Leasing and similar obligations | 172 | €57,675 | €18,391 | -€39,284 | -68.1% |
| Credit institutions | 173 | €332,384 | €1,282,618 | +€950,234 | +286% |
| Amounts payable within one year | 42/48 | €4,798,350 | €7,610,630 | +€2.8m | +58.6% |
| Current portion of amounts payable after more than one year | 42 | €145,630 | €255,083 | +€109,453 | +75.2% |
| Financial debts | 43 | €1,450,000 | €1,450,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,450,000 | €1,450,000 | = | 0.0% |
| Trade debts | 44 | €2,740,959 | €5,138,229 | +€2.4m | +87.5% |
| Suppliers | 440/4 | €2,740,959 | €5,138,229 | +€2.4m | +87.5% |
| Taxes, remuneration and social security | 45 | €354,672 | €397,816 | +€43,144 | +12.2% |
| Taxes | 450/3 | €303,917 | €313,158 | +€9,240 | +3.0% |
| Remuneration and social security | 454/9 | €50,755 | €84,659 | +€33,904 | +66.8% |
| Other amounts payable | 47/48 | €107,089 | €369,501 | +€262,412 | +245% |
| Accrued charges and deferred income | 492/3 | €304,144 | €304,144 | = | 0.0% |
| Operating income | 70/76A | €32,750,071 | €33,556,347 | +€806,276 | +2.5% |
| Turnover | 70 | €32,634,414 | €33,446,359 | +€811,945 | +2.5% |
| Other operating income | 74 | €115,657 | €109,988 | -€5,669 | -4.9% |
| Operating charges | 60/66A | €32,076,994 | €33,051,627 | +€974,634 | +3.0% |
| Goods for resale, raw materials and consumables | 60 | €30,331,212 | €30,825,114 | +€493,902 | +1.6% |
| Purchases | 600/8 | €30,388,425 | €30,767,723 | +€379,299 | +1.2% |
| Change in stocks: decrease (increase) | 609 | -€57,213 | €57,391 | +€114,604 | |
| Services and other goods | 61 | €944,215 | €1,092,670 | +€148,455 | +15.7% |
| Remuneration, social security and pensions | 62 | €559,162 | €737,377 | +€178,215 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,527 | €311,000 | +€161,474 | +108% |
| Other operating charges | 640/8 | €92,878 | €85,466 | -€7,412 | -8.0% |
| Operating profit (loss) | 9901 | €673,078 | €504,720 | -€168,358 | -25.0% |
| Financial income | 75/76B | €4,644 | €1,383 | -€3,262 | -70.2% |
| Recurring financial income | 75 | €4,644 | €1,383 | -€3,262 | -70.2% |
| Other financial income | 752/9 | €4,644 | €1,383 | -€3,262 | -70.2% |
| Financial charges | 65/66B | €90,811 | €78,595 | -€12,216 | -13.5% |
| Recurring financial charges | 65 | €90,811 | €78,595 | -€12,216 | -13.5% |
| Debt charges | 650 | €90,327 | €77,920 | -€12,407 | -13.7% |
| Other financial charges | 652/9 | €484 | €674 | +€191 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €586,911 | €427,508 | -€159,403 | -27.2% |
| Transfer from deferred taxes | 780 | €2,389 | - | -€2,389 | |
| Income taxes | 67/77 | €174,385 | €134,628 | -€39,757 | -22.8% |
| Taxes | 670/3 | €174,385 | €134,628 | -€39,757 | -22.8% |
| Profit (loss) for the period | 9904 | €414,915 | €292,879 | -€122,036 | -29.4% |
| Transfer from tax-exempt reserves | 789 | €5,879 | - | -€5,879 | |
| Profit (loss) for the period to be appropriated | 9905 | €420,793 | €292,879 | -€127,914 | -30.4% |
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 25 October 2026 via checked.be.