PIROLE: 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.
PIROLE
Largest movements
- Receivables within one year +€29,219
up €29,219 (+127.9%), from €22,843 to €52,062
of which Other amounts receivable: +€16,445
- Cash +€27,318
up €27,318 (+535.9%), from €5,098 to €32,416
mainly Net result for the year (+€51,871) and Other debts (+€33,691)
- Tangible fixed assets +€4,526
new in 2025: €4,526
- Other debts +€33,691
up €33,691 (+3922.1%), from €859 to €34,550
- Profit (loss) carried forward +€17,321
up €17,321 (+290.3%), from €5,967 to €23,288
- Tax, wage and social debts +€5,995
up €5,995 (+33.7%), from €17,800 to €23,794
of which Remuneration and social security: +€4,111
- Trade debts +€4,898
up €4,898 (+621.4%), from €788 to €5,686
- Gross operating margin +€57,230
up €57,230 (+636.6%), from €8,990 to €66,219
- Taxes +€12,556
up €12,556 (+529.2%), from €2,373 to €14,928
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 | €28,413 | €90,318 | +€61,904 | +217.9% |
| Fixed assets | 21/28 | - | €4,526 | +€4,526 | |
| Tangible fixed assets | 22/27 | - | €4,526 | +€4,526 | |
| Other tangible fixed assets | 26 | - | €4,526 | +€4,526 | |
| Current assets | 29/58 | €28,413 | €85,792 | +€57,379 | +201.9% |
| Amounts receivable within one year | 40/41 | €22,843 | €52,062 | +€29,219 | +127.9% |
| Trade receivables | 40 | €12,587 | €25,360 | +€12,774 | +101.5% |
| Other amounts receivable | 41 | €10,256 | €26,701 | +€16,445 | +160.3% |
| Cash at bank and in hand | 54/58 | €5,098 | €32,416 | +€27,318 | +535.9% |
| Deferred charges and accrued income | 490/1 | €472 | €1,315 | +€842 | +178.3% |
| Total equity and liabilities | 10/49 | €28,413 | €90,318 | +€61,904 | +217.9% |
| Equity | 10/15 | €8,967 | €26,288 | +€17,321 | +193.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,967 | €23,288 | +€17,321 | +290.3% |
| Amounts payable | 17/49 | €19,447 | €64,030 | +€44,583 | +229.3% |
| Amounts payable within one year | 42/48 | €19,447 | €64,030 | +€44,583 | +229.3% |
| Trade debts | 44 | €788 | €5,686 | +€4,898 | +621.4% |
| Suppliers | 440/4 | €788 | €5,686 | +€4,898 | +621.4% |
| Taxes, remuneration and social security | 45 | €17,800 | €23,794 | +€5,995 | +33.7% |
| Taxes | 450/3 | €17,800 | €19,683 | +€1,884 | +10.6% |
| Remuneration and social security | 454/9 | - | €4,111 | +€4,111 | |
| Other amounts payable | 47/48 | €859 | €34,550 | +€33,691 | +3922.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1 | +€1 | |
| Gross operating margin | 9900 | €8,990 | €66,219 | +€57,230 | +636.6% |
| Operating profit (loss) | 9901 | €8,990 | €66,218 | +€57,228 | +636.6% |
| Financial income | 75/76B | €270 | €928 | +€657 | +243.2% |
| Recurring financial income | 75 | €270 | €928 | +€657 | +243.2% |
| Financial charges | 65/66B | €62 | €346 | +€285 | +462.7% |
| Recurring financial charges | 65 | €62 | €346 | +€285 | +462.7% |
| Profit (loss) for the period before taxes | 9903 | €9,199 | €66,800 | +€57,601 | +626.2% |
| Income taxes | 67/77 | €2,373 | €14,928 | +€12,556 | +529.2% |
| Profit (loss) for the period | 9904 | €6,826 | €51,871 | +€45,045 | +659.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,826 | €51,871 | +€45,045 | +659.9% |
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 10 October 2026 via checked.be.