PIRON PROJECTONTWIKKELING: what changed
What changed
PIRON PROJECTONTWIKKELING
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€9,349
2024 · €61,262-€70,611
Equity
€2.9m
2024 · €2.9m-€9,349
Cash
€28,117
2024 · €16,494+€11,624
Balance sheet total
€3.0m
2024 · €3.2m-€153,877
Largest movements
Assets
- Receivables within one year -€137,731
down €137,731 (-4.4%), from €3.1m to €3.0m
of which Other amounts receivable: -€139,139
Equity and liabilities
- Tax, wage and social debts -€123,657
down €123,657 (-79.6%), from €155,337 to €31,679
Income statement
- Gross operating margin -€75,224
down €75,224, from €63,032 to -€12,192
- Taxes -€31,368
down €31,368 (-100.0%), from €31,369 to €1
- Financial income -€29,898
down €29,898 (-88.2%), from €33,901 to €4,003
- Financial charges -€3,767
down €3,767 (-96.1%), from €3,919 to €153
- Other operating charges +€652
up €652 (+184%), from €354 to €1,006
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€61,262
Gross operating margin
-€75,224
Depreciation
+€29
Other operating charges
-€652
Financial income
-€29,898
Financial charges
+€3,767
Taxes
+€31,368
Result 2025
-€9,349
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€11,612
Investment
+€12
Financing
€0
Cash 2024
€16,494
From operations (derived)
+€11,612
Net result for the year
-€9,349
Receivables within one year
+€137,731
Deferred charges and accrued income
+€27,759
Trade debts
-€29,243
Tax, wage and social debts
-€123,657
Other debts
+€8,372
Investment (derived)
+€12
Current investments
+€12
Cash 2025
€28,117
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,169,478 | €3,015,600 | -€153,877 | -4.9% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €3,169,478 | €3,015,600 | -€153,877 | -4.9% |
| Amounts receivable within one year | 40/41 | €3,125,171 | €2,987,440 | -€137,731 | -4.4% |
| Trade receivables | 40 | €1,203,623 | €1,205,031 | +€1,408 | +0.1% |
| Other amounts receivable | 41 | €1,921,548 | €1,782,409 | -€139,139 | -7.2% |
| Current investments | 50/53 | €54 | €43 | -€12 | -21.3% |
| Cash at bank and in hand | 54/58 | €16,494 | €28,117 | +€11,624 | +70.5% |
| Deferred charges and accrued income | 490/1 | €27,759 | - | -€27,759 | |
| Total equity and liabilities | 10/49 | €3,169,478 | €3,015,600 | -€153,877 | -4.9% |
| Equity | 10/15 | €2,937,909 | €2,928,560 | -€9,349 | -0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €2,931,709 | €2,922,360 | -€9,349 | -0.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,929,849 | €2,920,500 | -€9,349 | -0.3% |
| Amounts payable | 17/49 | €231,569 | €87,040 | -€144,529 | -62.4% |
| Amounts payable within one year | 42/48 | €231,569 | €87,040 | -€144,529 | -62.4% |
| Trade debts | 44 | €67,062 | €37,819 | -€29,243 | -43.6% |
| Suppliers | 440/4 | €67,062 | €37,819 | -€29,243 | -43.6% |
| Taxes, remuneration and social security | 45 | €155,337 | €31,679 | -€123,657 | -79.6% |
| Taxes | 450/3 | €155,337 | €31,679 | -€123,657 | -79.6% |
| Other amounts payable | 47/48 | €9,170 | €17,542 | +€8,372 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | - | -€29 | |
| Other operating charges | 640/8 | €354 | €1,006 | +€652 | +184% |
| Gross operating margin | 9900 | €63,032 | -€12,192 | -€75,224 | |
| Operating profit (loss) | 9901 | €62,649 | -€13,198 | -€75,847 | |
| Financial income | 75/76B | €33,901 | €4,003 | -€29,898 | -88.2% |
| Recurring financial income | 75 | €33,901 | €4,003 | -€29,898 | -88.2% |
| Financial charges | 65/66B | €3,919 | €153 | -€3,767 | -96.1% |
| Recurring financial charges | 65 | €3,919 | €153 | -€3,767 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | €92,631 | -€9,348 | -€101,979 | |
| Income taxes | 67/77 | €31,369 | €1 | -€31,368 | -100.0% |
| Profit (loss) for the period | 9904 | €61,262 | -€9,349 | -€70,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,262 | -€9,349 | -€70,611 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.