PIRCOOL: what changed
Two fiscal 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.
PIRCOOL
Largest movements
- Current investments -€165,000
no longer reported in 2025 (was €165,000)
- Cash +€49,749
up €49,749 (+415.6%), from €11,971 to €61,720
mainly Current investments (+€165,000) and Net result for the year (+€61,019)
- Receivables within one year +€18,754
up €18,754 (+93.9%), from €19,965 to €38,719
- Profit (loss) carried forward -€147,981
down €147,981 (-99.9%), from €148,169 to €187
- Other debts +€58,046
up €58,046 (+17846.5%), from €325 to €58,371
- Tax, wage and social debts +€11,033
up €11,033 (+44.3%), from €24,914 to €35,947
- Advances received -€10,000
no longer reported in 2025 (was €10,000)
- Accrued charges and deferred income -€7,500
no longer reported in 2025 (was €7,500)
- Gross operating margin -€19,310
down €19,310 (-19.4%), from €99,452 to €80,142
- Taxes -€4,902
down €4,902 (-19.3%), from €25,376 to €20,474
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 | €196,936 | €100,439 | -€96,497 | -49.0% |
| Current assets | 29/58 | €196,936 | €100,439 | -€96,497 | -49.0% |
| Amounts receivable within one year | 40/41 | €19,965 | €38,719 | +€18,754 | +93.9% |
| Trade receivables | 40 | €19,965 | €38,719 | +€18,754 | +93.9% |
| Current investments | 50/53 | €165,000 | - | -€165,000 | |
| Cash at bank and in hand | 54/58 | €11,971 | €61,720 | +€49,749 | +415.6% |
| Total equity and liabilities | 10/49 | €196,936 | €100,439 | -€96,497 | -49.0% |
| Equity | 10/15 | €153,169 | €5,187 | -€147,981 | -96.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,169 | €187 | -€147,981 | -99.9% |
| Amounts payable | 17/49 | €43,768 | €95,252 | +€51,484 | +117.6% |
| Amounts payable within one year | 42/48 | €36,268 | €95,252 | +€58,984 | +162.6% |
| Trade debts | 44 | €1,029 | €934 | -€95 | -9.2% |
| Suppliers | 440/4 | €1,029 | €934 | -€95 | -9.2% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €24,914 | €35,947 | +€11,033 | +44.3% |
| Taxes | 450/3 | €24,914 | €35,947 | +€11,033 | +44.3% |
| Other amounts payable | 47/48 | €325 | €58,371 | +€58,046 | +17846.5% |
| Accrued charges and deferred income | 492/3 | €7,500 | - | -€7,500 | |
| Gross operating margin | 9900 | €99,452 | €80,142 | -€19,310 | -19.4% |
| Operating profit (loss) | 9901 | €99,452 | €80,142 | -€19,310 | -19.4% |
| Financial income | 75/76B | €2,168 | €1,523 | -€645 | -29.8% |
| Recurring financial income | 75 | €2,168 | €1,523 | -€645 | -29.8% |
| Financial charges | 65/66B | €150 | €173 | +€23 | +15.0% |
| Recurring financial charges | 65 | €150 | €173 | +€23 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €101,470 | €81,493 | -€19,977 | -19.7% |
| Income taxes | 67/77 | €25,376 | €20,474 | -€4,902 | -19.3% |
| Profit (loss) for the period | 9904 | €76,094 | €61,019 | -€15,076 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,094 | €61,019 | -€15,076 | -19.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.