PIRET OPTIC: 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.
PIRET OPTIC
Largest movements
- Tangible fixed assets -€30,407
down €30,407 (-100.0%), from €30,407 to €0
- Receivables within one year +€21,045
up €21,045 (+216.2%), from €9,733 to €30,778
of which Trade receivables: +€19,406
- Deferred charges and accrued income -€2,585
down €2,585 (-100.0%), from €2,585 to €0
- Tax, wage and social debts -€28,582
down €28,582 (-90.0%), from €31,755 to €3,172
of which Remuneration and social security: -€25,934
- Trade debts +€9,923
up €9,923 (+142.2%), from €6,980 to €16,904
- Other debts +€6,887
up €6,887 (+17.1%), from €40,238 to €47,126
- Short-term financial debts -€2,252
down €2,252 (-24.4%), from €9,215 to €6,962
- Accrued charges and deferred income +€1,221
new in 2025: €1,221
- Staff costs -€50,240
down €50,240 (-48.2%), from €104,152 to €53,912
- Gross operating margin -€19,009
down €19,009 (-20.9%), from €91,084 to €72,075
- Depreciation -€8,033
down €8,033 (-100.0%), from €8,033 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,851 | €30,778 | -€12,073 | -28.2% |
| Fixed assets | 21/28 | €30,532 | €0 | -€30,532 | -100.0% |
| Tangible fixed assets | 22/27 | €30,407 | €0 | -€30,407 | -100.0% |
| Furniture and vehicles | 24 | €30,407 | €0 | -€30,407 | -100.0% |
| Financial fixed assets | 28 | €125 | €0 | -€125 | -100.0% |
| Current assets | 29/58 | €12,318 | €30,778 | +€18,460 | +149.9% |
| Amounts receivable within one year | 40/41 | €9,733 | €30,778 | +€21,045 | +216.2% |
| Trade receivables | 40 | €9,671 | €29,077 | +€19,406 | +200.7% |
| Other amounts receivable | 41 | €62 | €1,701 | +€1,639 | +2643.5% |
| Deferred charges and accrued income | 490/1 | €2,585 | €0 | -€2,585 | -100.0% |
| Total equity and liabilities | 10/49 | €42,851 | €30,778 | -€12,073 | -28.2% |
| Equity | 10/15 | -€45,337 | -€44,606 | +€731 | +1.6% |
| Contributions | 10/11 | €8,065 | €8,065 | = | 0.0% |
| Reserves | 13 | €7,151 | €7,151 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,927 | €1,927 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,927 | €1,927 | = | 0.0% |
| Distributable reserves | 133 | €5,224 | €5,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,553 | -€59,823 | +€731 | +1.2% |
| Amounts payable | 17/49 | €88,187 | €75,384 | -€12,803 | -14.5% |
| Amounts payable within one year | 42/48 | €88,187 | €74,164 | -€14,024 | -15.9% |
| Financial debts | 43 | €9,215 | €6,962 | -€2,252 | -24.4% |
| Credit institutions | 430/8 | €9,215 | €6,962 | -€2,252 | -24.4% |
| Trade debts | 44 | €6,980 | €16,904 | +€9,923 | +142.2% |
| Suppliers | 440/4 | €6,980 | €16,904 | +€9,923 | +142.2% |
| Taxes, remuneration and social security | 45 | €31,755 | €3,172 | -€28,582 | -90.0% |
| Taxes | 450/3 | €5,820 | €3,172 | -€2,648 | -45.5% |
| Remuneration and social security | 454/9 | €25,934 | €0 | -€25,934 | -100.0% |
| Other amounts payable | 47/48 | €40,238 | €47,126 | +€6,887 | +17.1% |
| Accrued charges and deferred income | 492/3 | - | €1,221 | +€1,221 | |
| Non-recurring operating income | 76A | - | €41 | +€41 | |
| Remuneration, social security and pensions | 62 | €104,152 | €53,912 | -€50,240 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,033 | €0 | -€8,033 | -100.0% |
| Other operating charges | 640/8 | €2,290 | €1,401 | -€889 | -38.8% |
| Non-recurring operating charges | 66A | €0 | €14,092 | +€14,092 | |
| Gross operating margin | 9900 | €91,084 | €72,075 | -€19,009 | -20.9% |
| Operating profit (loss) | 9901 | -€23,391 | €2,670 | +€26,061 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,654 | €1,841 | +€187 | +11.3% |
| Recurring financial charges | 65 | €1,654 | €1,841 | +€187 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,045 | €829 | +€25,874 | |
| Income taxes | 67/77 | €138 | €99 | -€39 | -28.5% |
| Profit (loss) for the period | 9904 | -€25,183 | €731 | +€25,913 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,183 | €731 | +€25,913 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.