PIRON ARCHITECTES: 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.
PIRON ARCHITECTES
Largest movements
- Receivables within one year -€27,066
down €27,066 (-15.3%), from €177,091 to €150,025
of which Trade receivables: -€15,406
- Cash +€15,619
up €15,619 (+9.6%), from €162,505 to €178,124
mainly Net result for the year (+€45,904) and Receivables within one year (+€27,066)
- Other debts -€62,530
down €62,530 (-86.3%), from €72,489 to €9,959
- Reserves +€45,904
up €45,904 (+23.3%), from €196,668 to €242,572
- Debts after one year -€8,328
down €8,328 (-13.8%), from €60,370 to €52,042
- Trade debts +€8,292
up €8,292 (+5.6%), from €148,985 to €157,277
- Tax, wage and social debts +€5,436
new in 2025: €5,436
of which Taxes: +€4,723
- Depreciation -€101,083
down €101,083 (-90.9%), from €111,244 to €10,162
- Gross operating margin -€82,621
down €82,621 (-41.6%), from €198,748 to €116,126
- Staff costs +€16,381
new in 2025: €16,381
- Other operating charges +€13,342
up €13,342 (+1,568%), from €851 to €14,193
- Financial charges -€10,110
down €10,110 (-64.0%), from €15,805 to €5,696
of which Non-recurring financial charges: -€13,247
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 | €509,664 | €493,047 | -€16,617 | -3.3% |
| Fixed assets | 21/28 | €166,847 | €162,194 | -€4,654 | -2.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €8,135 | €4,942 | -€3,193 | -39.3% |
| Furniture and vehicles | 24 | €7,385 | €4,192 | -€3,193 | -43.2% |
| Other tangible fixed assets | 26 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €158,712 | €157,252 | -€1,460 | -0.9% |
| Current assets | 29/58 | €342,817 | €330,854 | -€11,963 | -3.5% |
| Amounts receivable within one year | 40/41 | €177,091 | €150,025 | -€27,066 | -15.3% |
| Trade receivables | 40 | €161,846 | €146,440 | -€15,406 | -9.5% |
| Other amounts receivable | 41 | €15,245 | €3,586 | -€11,660 | -76.5% |
| Cash at bank and in hand | 54/58 | €162,505 | €178,124 | +€15,619 | +9.6% |
| Deferred charges and accrued income | 490/1 | €3,221 | €2,705 | -€516 | -16.0% |
| Total equity and liabilities | 10/49 | €509,664 | €493,047 | -€16,617 | -3.3% |
| Equity | 10/15 | €202,868 | €248,772 | +€45,904 | +22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €196,668 | €242,572 | +€45,904 | +23.3% |
| Distributable reserves | 133 | €196,668 | €242,572 | +€45,904 | +23.3% |
| Provisions and deferred taxes | 16 | €5,000 | €5,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,000 | €5,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €301,796 | €239,275 | -€62,521 | -20.7% |
| Amounts payable after more than one year | 17 | €60,370 | €52,042 | -€8,328 | -13.8% |
| Financial debts | 170/4 | €60,370 | €52,042 | -€8,328 | -13.8% |
| Amounts payable within one year | 42/48 | €238,885 | €186,391 | -€52,494 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €16,912 | €13,220 | -€3,692 | -21.8% |
| Trade debts | 44 | €148,985 | €157,277 | +€8,292 | +5.6% |
| Suppliers | 440/4 | €148,985 | €157,277 | +€8,292 | +5.6% |
| Advances received on contracts in progress | 46 | €499 | €499 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €5,436 | +€5,436 | |
| Taxes | 450/3 | - | €4,723 | +€4,723 | |
| Remuneration and social security | 454/9 | - | €713 | +€713 | |
| Other amounts payable | 47/48 | €72,489 | €9,959 | -€62,530 | -86.3% |
| Accrued charges and deferred income | 492/3 | €2,542 | €842 | -€1,699 | -66.9% |
| Non-recurring operating income | 76A | - | €5,281 | +€5,281 | |
| Remuneration, social security and pensions | 62 | - | €16,381 | +€16,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,244 | €10,162 | -€101,083 | -90.9% |
| Other operating charges | 640/8 | €851 | €14,193 | +€13,342 | +1,568% |
| Gross operating margin | 9900 | €198,748 | €116,126 | -€82,621 | -41.6% |
| Operating profit (loss) | 9901 | €86,653 | €75,391 | -€11,262 | -13.0% |
| Financial charges | 65/66B | €15,805 | €5,696 | -€10,110 | -64.0% |
| Recurring financial charges | 65 | €2,559 | €5,696 | +€3,137 | +123% |
| Non-recurring financial charges | 66B | €13,247 | - | -€13,247 | |
| Profit (loss) for the period before taxes | 9903 | €70,847 | €69,695 | -€1,152 | -1.6% |
| Income taxes | 67/77 | €24,124 | €23,792 | -€332 | -1.4% |
| Profit (loss) for the period | 9904 | €46,724 | €45,904 | -€820 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,724 | €45,904 | -€820 | -1.8% |
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 18 October 2026 via checked.be.