Pirnay L: 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.
Pirnay L
Largest movements
- Receivables within one year +€18,651
up €18,651 (+428%), from €4,361 to €23,012
- Cash +€2,052
up €2,052 (+96.5%), from €2,127 to €4,178
mainly Net result for the year (+€8,211) and Depreciation (+€7,432)
- Reserves +€8,200
up €8,200 (+121%), from €6,800 to €15,000
of which Distributable reserves: +€15,000
- Current portion of long-term debt +€6,749
up €6,749 (+846%), from €797 to €7,546
- Debts after one year +€4,864
up €4,864, from €0 to €4,864
- Trade debts +€1,590
up €1,590 (+159%), from €1,000 to €2,590
- Depreciation -€1,043
down €1,043 (-12.3%), from €8,475 to €7,432
- Financial income +€935
up €935 (+27,998%), from €3 to €938
- Taxes +€636
up €636 (+19.9%), from €3,195 to €3,830
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.
Derived cash bridge
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 | €53,776 | €75,221 | +€21,445 | +39.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,289 | €48,031 | +€742 | +1.6% |
| Tangible fixed assets | 22/27 | €47,289 | €48,031 | +€742 | +1.6% |
| Land and buildings | 22 | €47,289 | €48,031 | +€742 | +1.6% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Current assets | 29/58 | €6,488 | €27,190 | +€20,703 | +319% |
| Amounts receivable within one year | 40/41 | €4,361 | €23,012 | +€18,651 | +428% |
| Other amounts receivable | 41 | €4,361 | €23,012 | +€18,651 | +428% |
| Cash at bank and in hand | 54/58 | €2,127 | €4,178 | +€2,052 | +96.5% |
| Total equity and liabilities | 10/49 | €53,776 | €75,221 | +€21,445 | +39.9% |
| Equity | 10/15 | €51,944 | €60,155 | +€8,211 | +15.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,800 | €15,000 | +€8,200 | +121% |
| Non-distributable reserves | 130/1 | €6,800 | €0 | -€6,800 | -100% |
| Reserves not available under the articles | 1311 | €6,800 | €0 | -€6,800 | -100% |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €26,552 | €26,563 | +€11 | 0.0% |
| Amounts payable | 17/49 | €1,832 | €15,066 | +€13,234 | +722% |
| Amounts payable after more than one year | 17 | €0 | €4,864 | +€4,864 | |
| Financial debts | 170/4 | €0 | €4,864 | +€4,864 | |
| Amounts payable within one year | 42/48 | €1,797 | €10,136 | +€8,339 | +464% |
| Current portion of amounts payable after more than one year | 42 | €797 | €7,546 | +€6,749 | +846% |
| Trade debts | 44 | €1,000 | €2,590 | +€1,590 | +159% |
| Suppliers | 440/4 | €1,000 | €2,590 | +€1,590 | +159% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €35 | €66 | +€31 | +89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,475 | €7,432 | -€1,043 | -12.3% |
| Other operating charges | 640/8 | €2,178 | €2,254 | +€76 | +3.5% |
| Gross operating margin | 9900 | €21,013 | €21,036 | +€23 | +0.1% |
| Operating profit (loss) | 9901 | €10,360 | €11,350 | +€990 | +9.6% |
| Financial income | 75/76B | €3 | €938 | +€935 | +27,998% |
| Recurring financial income | 75 | €3 | €938 | +€935 | +27,998% |
| Financial charges | 65/66B | €304 | €247 | -€57 | -18.8% |
| Recurring financial charges | 65 | €304 | €247 | -€57 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €10,059 | €12,041 | +€1,982 | +19.7% |
| Income taxes | 67/77 | €3,195 | €3,830 | +€636 | +19.9% |
| Profit (loss) for the period | 9904 | €6,864 | €8,211 | +€1,347 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,864 | €8,211 | +€1,347 | +19.6% |
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 22 October 2026 via checked.be.