PIRANGE: 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.
PIRANGE
Largest movements
- Tangible fixed assets -€31,544
down €31,544 (-4.0%), from €785,865 to €754,321
of which Land and buildings: -€25,107
- Cash +€18,048
up €18,048 (+271.1%), from €6,657 to €24,705
mainly Depreciation (+€31,544) and Contributions, distributions and other (+€12,395)
- Reserves -€26,400
down €26,400 (-100.0%), from €26,400 to €0
of which Distributable reserves: -€18,000
- Contributions +€12,395
up €12,395 (+25.0%), from €49,578 to €61,973
- Gross operating margin -€9,617
down €9,617 (-52.2%), from €18,407 to €8,789
- Taxes -€2,025
down €2,025 (-100.0%), from €2,025 to €0
- Depreciation +€221
up €221 (+0.7%), from €31,323 to €31,544
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 | €879,267 | €863,914 | -€15,352 | -1.7% |
| Fixed assets | 21/28 | €785,865 | €754,321 | -€31,544 | -4.0% |
| Tangible fixed assets | 22/27 | €785,865 | €754,321 | -€31,544 | -4.0% |
| Land and buildings | 22 | €758,393 | €733,287 | -€25,107 | -3.3% |
| Other tangible fixed assets | 26 | €27,472 | €21,035 | -€6,437 | -23.4% |
| Current assets | 29/58 | €93,401 | €109,593 | +€16,192 | +17.3% |
| Amounts receivable within one year | 40/41 | €85,830 | €84,473 | -€1,357 | -1.6% |
| Trade receivables | 40 | €5,437 | €4,235 | -€1,202 | -22.1% |
| Other amounts receivable | 41 | €80,393 | €80,238 | -€155 | -0.2% |
| Cash at bank and in hand | 54/58 | €6,657 | €24,705 | +€18,048 | +271.1% |
| Deferred charges and accrued income | 490/1 | €915 | €415 | -€500 | -54.6% |
| Total equity and liabilities | 10/49 | €879,267 | €863,914 | -€15,352 | -1.7% |
| Equity | 10/15 | €871,378 | €858,183 | -€13,195 | -1.5% |
| Contributions | 10/11 | €49,578 | €61,973 | +€12,395 | +25.0% |
| Revaluation surpluses | 12 | €794,744 | €794,744 | = | 0.0% |
| Reserves | 13 | €26,400 | €0 | -€26,400 | -100.0% |
| Non-distributable reserves | 130/1 | €8,400 | €0 | -€8,400 | -100.0% |
| Reserves not available under the articles | 1311 | €8,400 | €0 | -€8,400 | -100.0% |
| Distributable reserves | 133 | €18,000 | €0 | -€18,000 | -100.0% |
| Profit (loss) carried forward | 14 | €656 | €1,466 | +€811 | +123.7% |
| Amounts payable | 17/49 | €7,889 | €5,731 | -€2,158 | -27.4% |
| Amounts payable within one year | 42/48 | €7,889 | €5,731 | -€2,158 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €1,411 | €1,885 | +€474 | +33.6% |
| Suppliers | 440/4 | €1,411 | €1,885 | +€474 | +33.6% |
| Taxes, remuneration and social security | 45 | €0 | €1,500 | +€1,500 | |
| Taxes | 450/3 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €6,478 | €2,347 | -€4,132 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,323 | €31,544 | +€221 | +0.7% |
| Other operating charges | 640/8 | €2,491 | €2,569 | +€79 | +3.2% |
| Gross operating margin | 9900 | €18,407 | €8,789 | -€9,617 | -52.2% |
| Operating profit (loss) | 9901 | -€15,407 | -€25,324 | -€9,917 | -64.4% |
| Financial charges | 65/66B | €246 | €265 | +€19 | +7.7% |
| Recurring financial charges | 65 | €246 | €265 | +€19 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,653 | -€25,589 | -€9,936 | -63.5% |
| Income taxes | 67/77 | €2,025 | €0 | -€2,025 | -100.0% |
| Profit (loss) for the period | 9904 | -€17,678 | -€25,589 | -€7,911 | -44.8% |
| Transfer from tax-exempt reserves | 789 | €1,934 | - | -€1,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,744 | -€25,589 | -€9,845 | -62.5% |
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 12 October 2026 via checked.be.