PIRON DRINKS: 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 DRINKS
Largest movements
- Stocks and contracts -€21,814
down €21,814 (-14.8%), from €147,048 to €125,234
- Tangible fixed assets -€17,268
down €17,268 (-12.6%), from €137,331 to €120,063
of which Land and buildings: -€14,889
- Trade debts -€13,494
down €13,494 (-43.3%), from €31,169 to €17,675
- Debts after one year -€12,347
down €12,347 (-21.1%), from €58,385 to €46,037
of which Financial debts: -€12,347
- Profit (loss) carried forward -€11,686
down €11,686 (-48.7%), from €24,021 to €12,334
- Tax, wage and social debts +€3,498
up €3,498 (+178%), from €1,964 to €5,461
of which Taxes: +€3,017
- Staff costs +€1,337
up €1,337 (+33.2%), from €4,029 to €5,365
- Depreciation -€1,235
down €1,235 (-6.4%), from €19,283 to €18,048
- Other operating charges -€919
down €919 (-21.7%), from €4,232 to €3,314
- Gross operating margin +€849
up €849 (+5.0%), from €16,865 to €17,714
- Financial charges -€323
down €323 (-9.5%), from €3,386 to €3,062
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 | €323,477 | €289,915 | -€33,563 | -10.4% |
| Fixed assets | 21/28 | €137,931 | €120,663 | -€17,268 | -12.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €137,331 | €120,063 | -€17,268 | -12.6% |
| Land and buildings | 22 | €125,804 | €110,914 | -€14,889 | -11.8% |
| Plant, machinery and equipment | 23 | €3,023 | €2,083 | -€941 | -31.1% |
| Furniture and vehicles | 24 | €8,505 | €7,066 | -€1,438 | -16.9% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €185,546 | €169,251 | -€16,295 | -8.8% |
| Stocks and contracts in progress | 3 | €147,048 | €125,234 | -€21,814 | -14.8% |
| Stocks | 30/36 | €147,048 | €125,234 | -€21,814 | -14.8% |
| Amounts receivable within one year | 40/41 | €20,334 | €22,686 | +€2,352 | +11.6% |
| Trade receivables | 40 | €14,325 | €16,365 | +€2,040 | +14.2% |
| Other amounts receivable | 41 | €6,009 | €6,321 | +€312 | +5.2% |
| Cash at bank and in hand | 54/58 | €14,553 | €17,685 | +€3,132 | +21.5% |
| Deferred charges and accrued income | 490/1 | €3,611 | €3,647 | +€36 | +1.0% |
| Total equity and liabilities | 10/49 | €323,477 | €289,915 | -€33,563 | -10.4% |
| Equity | 10/15 | €212,058 | €200,371 | -€11,686 | -5.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €113,037 | €113,037 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €105,537 | €105,537 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,021 | €12,334 | -€11,686 | -48.7% |
| Amounts payable | 17/49 | €111,419 | €89,543 | -€21,876 | -19.6% |
| Amounts payable after more than one year | 17 | €58,385 | €46,037 | -€12,347 | -21.1% |
| Financial debts | 170/4 | €13,385 | €1,037 | -€12,347 | -92.2% |
| Other amounts payable | 178/9 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,035 | €43,506 | -€9,529 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €12,163 | €12,347 | +€184 | +1.5% |
| Trade debts | 44 | €31,169 | €17,675 | -€13,494 | -43.3% |
| Suppliers | 440/4 | €31,169 | €17,675 | -€13,494 | -43.3% |
| Taxes, remuneration and social security | 45 | €1,964 | €5,461 | +€3,498 | +178% |
| Taxes | 450/3 | €720 | €3,737 | +€3,017 | +419% |
| Remuneration and social security | 454/9 | €1,244 | €1,724 | +€480 | +38.6% |
| Other amounts payable | 47/48 | €7,738 | €8,022 | +€284 | +3.7% |
| Remuneration, social security and pensions | 62 | €4,029 | €5,365 | +€1,337 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,283 | €18,048 | -€1,235 | -6.4% |
| Other operating charges | 640/8 | €4,232 | €3,314 | -€919 | -21.7% |
| Gross operating margin | 9900 | €16,865 | €17,714 | +€849 | +5.0% |
| Operating profit (loss) | 9901 | -€10,679 | -€9,013 | +€1,666 | +15.6% |
| Financial income | 75/76B | €325 | €389 | +€64 | +19.6% |
| Recurring financial income | 75 | €325 | €389 | +€64 | +19.6% |
| Financial charges | 65/66B | €3,386 | €3,062 | -€323 | -9.5% |
| Recurring financial charges | 65 | €3,386 | €3,062 | -€323 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,740 | -€11,686 | +€2,053 | +14.9% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€13,740 | -€11,686 | +€2,053 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,740 | -€11,686 | +€2,053 | +14.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.