PIRLEX: 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.
PIRLEX
Largest movements
- Cash +€102,788
up €102,788 (+127.2%), from €80,833 to €183,622
mainly Net result for the year (+€64,124) and Receivables within one year (+€21,509)
- Receivables within one year -€21,509
down €21,509 (-90.3%), from €23,830 to €2,321
of which Trade receivables: -€22,187
- Profit (loss) carried forward +€64,124
up €64,124 (+73.4%), from €87,361 to €151,485
- Other debts +€15,028
up €15,028 (+196.5%), from €7,647 to €22,675
- Tax, wage and social debts +€1,938
up €1,938 (+28.6%), from €6,783 to €8,722
- Gross operating margin +€41,225
up €41,225 (+102.7%), from €40,133 to €81,357
- Taxes +€8,443
up €8,443 (+101.0%), from €8,357 to €16,800
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 | €104,664 | €185,943 | +€81,279 | +77.7% |
| Current assets | 29/58 | €104,664 | €185,943 | +€81,279 | +77.7% |
| Amounts receivable within one year | 40/41 | €23,830 | €2,321 | -€21,509 | -90.3% |
| Trade receivables | 40 | €22,187 | - | -€22,187 | |
| Other amounts receivable | 41 | €1,643 | €2,321 | +€678 | +41.3% |
| Cash at bank and in hand | 54/58 | €80,833 | €183,622 | +€102,788 | +127.2% |
| Total equity and liabilities | 10/49 | €104,664 | €185,943 | +€81,279 | +77.7% |
| Equity | 10/15 | €89,861 | €153,985 | +€64,124 | +71.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,361 | €151,485 | +€64,124 | +73.4% |
| Amounts payable | 17/49 | €14,803 | €31,958 | +€17,155 | +115.9% |
| Amounts payable within one year | 42/48 | €14,803 | €31,958 | +€17,155 | +115.9% |
| Trade debts | 44 | €373 | €562 | +€189 | +50.6% |
| Suppliers | 440/4 | €373 | €562 | +€189 | +50.6% |
| Taxes, remuneration and social security | 45 | €6,783 | €8,722 | +€1,938 | +28.6% |
| Taxes | 450/3 | €6,783 | €8,722 | +€1,938 | +28.6% |
| Other amounts payable | 47/48 | €7,647 | €22,675 | +€15,028 | +196.5% |
| Other operating charges | 640/8 | €387 | €801 | +€414 | +106.8% |
| Gross operating margin | 9900 | €40,133 | €81,357 | +€41,225 | +102.7% |
| Operating profit (loss) | 9901 | €39,746 | €80,556 | +€40,811 | +102.7% |
| Financial income | 75/76B | €39 | €408 | +€369 | +958.9% |
| Recurring financial income | 75 | €39 | €408 | +€369 | +958.9% |
| Financial charges | 65/66B | €12 | €40 | +€29 | +249.8% |
| Recurring financial charges | 65 | €12 | €40 | +€29 | +249.8% |
| Profit (loss) for the period before taxes | 9903 | €39,773 | €80,924 | +€41,151 | +103.5% |
| Income taxes | 67/77 | €8,357 | €16,800 | +€8,443 | +101.0% |
| Profit (loss) for the period | 9904 | €31,416 | €64,124 | +€32,708 | +104.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,416 | €64,124 | +€32,708 | +104.1% |
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 2 October 2026 via checked.be.