PIRITA: 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.
PIRITA
Largest movements
- Cash -€120,898
down €120,898 (-85.2%), from €141,906 to €21,008
mainly Other debts (-€120,355) and Tax, wage and social debts (-€51,739)
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets -€8,200
down €8,200 (-12.8%), from €63,910 to €55,709
of which Other tangible fixed assets: -€7,168
- Deferred charges and accrued income -€6,626
down €6,626 (-58.4%), from €11,352 to €4,727
- Other debts -€120,355
down €120,355 (-100.0%), from €120,355 to €0
- Tax, wage and social debts -€51,739
down €51,739 (-99.9%), from €51,765 to €26
- Gross operating margin -€155,845
down €155,845 (-97.5%), from €159,772 to €3,927
- Taxes -€35,352
down €35,352 (-98.9%), from €35,761 to €410
- Financial income -€6,586
down €6,586 (-47.2%), from €13,942 to €7,356
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 | €596,832 | €415,548 | -€181,284 | -30.4% |
| Fixed assets | 21/28 | €63,910 | €55,709 | -€8,200 | -12.8% |
| Tangible fixed assets | 22/27 | €63,910 | €55,709 | -€8,200 | -12.8% |
| Plant, machinery and equipment | 23 | €2,127 | €1,609 | -€518 | -24.3% |
| Furniture and vehicles | 24 | €2,380 | €1,865 | -€515 | -21.6% |
| Other tangible fixed assets | 26 | €59,403 | €52,235 | -€7,168 | -12.1% |
| Current assets | 29/58 | €532,923 | €359,839 | -€173,084 | -32.5% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Stocks and contracts in progress | 3 | €9,311 | €13,015 | +€3,703 | +39.8% |
| Stocks | 30/36 | €9,311 | €13,015 | +€3,703 | +39.8% |
| Amounts receivable within one year | 40/41 | €20,353 | €21,089 | +€736 | +3.6% |
| Trade receivables | 40 | €14,577 | €1,739 | -€12,838 | -88.1% |
| Other amounts receivable | 41 | €5,776 | €19,350 | +€13,574 | +235.0% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €141,906 | €21,008 | -€120,898 | -85.2% |
| Deferred charges and accrued income | 490/1 | €11,352 | €4,727 | -€6,626 | -58.4% |
| Total equity and liabilities | 10/49 | €596,832 | €415,548 | -€181,284 | -30.4% |
| Equity | 10/15 | €415,324 | €409,824 | -€5,500 | -1.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €408,037 | €408,037 | = | 0.0% |
| Distributable reserves | 133 | €408,037 | €408,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,287 | -€3,213 | -€5,500 | |
| Amounts payable | 17/49 | €181,508 | €5,723 | -€175,784 | -96.8% |
| Amounts payable within one year | 42/48 | €181,508 | €5,723 | -€175,784 | -96.8% |
| Trade debts | 44 | €9,387 | €5,697 | -€3,690 | -39.3% |
| Suppliers | 440/4 | €9,387 | €5,697 | -€3,690 | -39.3% |
| Taxes, remuneration and social security | 45 | €51,765 | €26 | -€51,739 | -99.9% |
| Taxes | 450/3 | €51,765 | €26 | -€51,739 | -99.9% |
| Other amounts payable | 47/48 | €120,355 | €0 | -€120,355 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1 | €1 | -€0 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,064 | €13,289 | +€225 | +1.7% |
| Other operating charges | 640/8 | €2,386 | €2,484 | +€98 | +4.1% |
| Gross operating margin | 9900 | €159,772 | €3,927 | -€155,845 | -97.5% |
| Operating profit (loss) | 9901 | €144,322 | -€11,846 | -€156,168 | |
| Financial income | 75/76B | €13,942 | €7,356 | -€6,586 | -47.2% |
| Recurring financial income | 75 | €13,942 | €7,356 | -€6,586 | -47.2% |
| Financial charges | 65/66B | €600 | €601 | +€1 | +0.1% |
| Recurring financial charges | 65 | €600 | €600 | +€0 | +0.1% |
| Non-recurring financial charges | 66B | €0 | €0 | +€0 | +540.0% |
| Profit (loss) for the period before taxes | 9903 | €157,665 | -€5,090 | -€162,755 | |
| Income taxes | 67/77 | €35,761 | €410 | -€35,352 | -98.9% |
| Profit (loss) for the period | 9904 | €121,903 | -€5,500 | -€127,403 | |
| Profit (loss) for the period to be appropriated | 9905 | €121,903 | -€5,500 | -€127,403 |
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 28 September 2026 via checked.be.