PIRMEZ: 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.
PIRMEZ
Largest movements
- Tangible fixed assets +€19,672
up €19,672 (+46.4%), from €42,421 to €62,093
of which Furniture and vehicles: +€22,336
- Cash -€5,854
down €5,854 (-14.0%), from €41,903 to €36,049
mainly Investment in fixed assets (net) (-€26,706) and Tax, wage and social debts (-€1,183)
- Current portion of long-term debt +€5,786
up €5,786 (+100.5%), from €5,756 to €11,542
- Debts after one year +€3,667
up €3,667 (+26.1%), from €14,048 to €17,715
- Profit (loss) carried forward +€3,497
up €3,497 (+16.0%), from €21,898 to €25,395
- Tax, wage and social debts -€1,183
down €1,183 (-6.5%), from €18,138 to €16,955
- Other debts +€1,157
up €1,157 (+15.0%), from €7,729 to €8,886
- Depreciation +€3,822
up €3,822 (+119.0%), from €3,212 to €7,034
- Gross operating margin +€1,769
up €1,769 (+12.7%), from €13,921 to €15,690
- Financial charges -€1,640
down €1,640 (-75.8%), from €2,164 to €524
- Taxes +€815
up €815 (+509.4%), from €160 to €975
- Other operating charges +€246
up €246 (+7.6%), from €3,235 to €3,481
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 | €98,478 | €112,445 | +€13,967 | +14.2% |
| Fixed assets | 21/28 | €42,471 | €62,143 | +€19,672 | +46.3% |
| Tangible fixed assets | 22/27 | €42,421 | €62,093 | +€19,672 | +46.4% |
| Land and buildings | 22 | €41,595 | €38,931 | -€2,664 | -6.4% |
| Furniture and vehicles | 24 | €826 | €23,162 | +€22,336 | +2704.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €56,007 | €50,302 | -€5,705 | -10.2% |
| Stocks and contracts in progress | 3 | €5,583 | €5,580 | -€3 | -0.1% |
| Stocks | 30/36 | €5,583 | €5,580 | -€3 | -0.1% |
| Amounts receivable within one year | 40/41 | €8,182 | €8,673 | +€491 | +6.0% |
| Trade receivables | 40 | €8,182 | €8,673 | +€491 | +6.0% |
| Cash at bank and in hand | 54/58 | €41,903 | €36,049 | -€5,854 | -14.0% |
| Deferred charges and accrued income | 490/1 | €339 | - | -€339 | |
| Total equity and liabilities | 10/49 | €98,478 | €112,445 | +€13,967 | +14.2% |
| Equity | 10/15 | €46,668 | €50,165 | +€3,497 | +7.5% |
| Contributions | 10/11 | €24,770 | €24,770 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,898 | €25,395 | +€3,497 | +16.0% |
| Amounts payable | 17/49 | €51,810 | €62,280 | +€10,470 | +20.2% |
| Amounts payable after more than one year | 17 | €14,048 | €17,715 | +€3,667 | +26.1% |
| Financial debts | 170/4 | €14,048 | €17,715 | +€3,667 | +26.1% |
| Amounts payable within one year | 42/48 | €37,762 | €44,565 | +€6,803 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €5,756 | €11,542 | +€5,786 | +100.5% |
| Trade debts | 44 | €6,139 | €7,182 | +€1,043 | +17.0% |
| Suppliers | 440/4 | €6,139 | €7,182 | +€1,043 | +17.0% |
| Taxes, remuneration and social security | 45 | €18,138 | €16,955 | -€1,183 | -6.5% |
| Taxes | 450/3 | €18,138 | €16,955 | -€1,183 | -6.5% |
| Other amounts payable | 47/48 | €7,729 | €8,886 | +€1,157 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,212 | €7,034 | +€3,822 | +119.0% |
| Other operating charges | 640/8 | €3,235 | €3,481 | +€246 | +7.6% |
| Non-recurring operating charges | 66A | €1,248 | €181 | -€1,067 | -85.5% |
| Gross operating margin | 9900 | €13,921 | €15,690 | +€1,769 | +12.7% |
| Operating profit (loss) | 9901 | €6,226 | €4,994 | -€1,232 | -19.8% |
| Financial income | 75/76B | €52 | €2 | -€50 | -96.2% |
| Recurring financial income | 75 | €52 | €2 | -€50 | -96.2% |
| Financial charges | 65/66B | €2,164 | €524 | -€1,640 | -75.8% |
| Recurring financial charges | 65 | €2,164 | €524 | -€1,640 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €4,114 | €4,472 | +€358 | +8.7% |
| Income taxes | 67/77 | €160 | €975 | +€815 | +509.4% |
| Profit (loss) for the period | 9904 | €3,954 | €3,497 | -€457 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,954 | €3,497 | -€457 | -11.6% |
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 12 October 2026 via checked.be.