PIRAPREZ GATHY: 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.
PIRAPREZ GATHY
Largest movements
- Cash -€6,583
down €6,583 (-14.5%), from €45,484 to €38,901
mainly Accrued charges and deferred income (-€7,972) and Advances received (-€5,459)
- Receivables within one year +€4,833
up €4,833 (+93.8%), from €5,150 to €9,983
- Tangible fixed assets -€2,725
down €2,725 (-29.3%), from €9,310 to €6,585
- Stocks and contracts +€1,708
up €1,708 (+48.5%), from €3,524 to €5,232
- Profit (loss) carried forward +€8,257
up €8,257 (+97.5%), from €8,469 to €16,726
- Accrued charges and deferred income -€7,972
no longer reported in 2025 (was €7,972)
- Advances received -€5,459
no longer reported in 2025 (was €5,459)
- Trade debts +€3,396
up €3,396 (+151%), from €2,250 to €5,646
- Other debts -€1,590
down €1,590 (-31.5%), from €5,046 to €3,456
- Depreciation +€1,135
up €1,135 (+71.4%), from €1,590 to €2,725
- Gross operating margin +€1,025
up €1,025 (+7.0%), from €14,573 to €15,598
- Other operating charges +€816
up €816 (+85.2%), from €958 to €1,773
- Taxes +€196
up €196 (+7.4%), from €2,639 to €2,835
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 | €63,469 | €60,702 | -€2,768 | -4.4% |
| Fixed assets | 21/28 | €9,310 | €6,585 | -€2,725 | -29.3% |
| Tangible fixed assets | 22/27 | €9,310 | €6,585 | -€2,725 | -29.3% |
| Furniture and vehicles | 24 | €9,310 | €6,585 | -€2,725 | -29.3% |
| Current assets | 29/58 | €54,159 | €54,116 | -€43 | -0.1% |
| Stocks and contracts in progress | 3 | €3,524 | €5,232 | +€1,708 | +48.5% |
| Stocks | 30/36 | €3,524 | €5,232 | +€1,708 | +48.5% |
| Amounts receivable within one year | 40/41 | €5,150 | €9,983 | +€4,833 | +93.8% |
| Trade receivables | 40 | €5,150 | €9,983 | +€4,833 | +93.8% |
| Cash at bank and in hand | 54/58 | €45,484 | €38,901 | -€6,583 | -14.5% |
| Total equity and liabilities | 10/49 | €63,469 | €60,702 | -€2,768 | -4.4% |
| Equity | 10/15 | €38,469 | €46,726 | +€8,257 | +21.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,469 | €16,726 | +€8,257 | +97.5% |
| Amounts payable | 17/49 | €25,001 | €13,976 | -€11,025 | -44.1% |
| Amounts payable within one year | 42/48 | €17,029 | €13,976 | -€3,053 | -17.9% |
| Trade debts | 44 | €2,250 | €5,646 | +€3,396 | +151% |
| Suppliers | 440/4 | €2,250 | €5,646 | +€3,396 | +151% |
| Advances received on contracts in progress | 46 | €5,459 | - | -€5,459 | |
| Taxes, remuneration and social security | 45 | €4,274 | €4,874 | +€600 | +14.0% |
| Taxes | 450/3 | €3,274 | €3,874 | +€600 | +18.3% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €5,046 | €3,456 | -€1,590 | -31.5% |
| Accrued charges and deferred income | 492/3 | €7,972 | - | -€7,972 | |
| Non-recurring operating income | 76A | €540 | - | -€540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,590 | €2,725 | +€1,135 | +71.4% |
| Other operating charges | 640/8 | €958 | €1,773 | +€816 | +85.2% |
| Non-recurring operating charges | 66A | €4,783 | - | -€4,783 | |
| Gross operating margin | 9900 | €14,573 | €15,598 | +€1,025 | +7.0% |
| Operating profit (loss) | 9901 | €7,243 | €11,100 | +€3,857 | +53.3% |
| Financial income | 75/76B | €25 | €51 | +€26 | +105% |
| Recurring financial income | 75 | €25 | €51 | +€26 | +105% |
| Financial charges | 65/66B | €54 | €59 | +€5 | +8.3% |
| Recurring financial charges | 65 | €54 | €59 | +€5 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €7,214 | €11,092 | +€3,879 | +53.8% |
| Income taxes | 67/77 | €2,639 | €2,835 | +€196 | +7.4% |
| Profit (loss) for the period | 9904 | €4,575 | €8,257 | +€3,683 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,575 | €8,257 | +€3,683 | +80.5% |
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 30 October 2026 via checked.be.