PiroPro: 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.
PiroPro
Largest movements
- Receivables within one year +€22,688
up €22,688 (+80.5%), from €28,192 to €50,880
of which Trade receivables: +€22,880
- Intangible fixed assets -€21,201
down €21,201 (-19.2%), from €110,222 to €89,021
- Cash -€3,642
down €3,642 (-68.1%), from €5,345 to €1,703
mainly Receivables within one year (-€22,688) and Tax, wage and social debts (-€2,294)
- Tax, wage and social debts -€2,294
down €2,294 (-96.4%), from €2,380 to €86
- Gross operating margin +€674
up €674 (+3.1%), from €22,085 to €22,759
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 | €148,887 | €146,732 | -€2,155 | -1.4% |
| Fixed assets | 21/28 | €115,350 | €94,149 | -€21,201 | -18.4% |
| Intangible fixed assets | 21 | €110,222 | €89,021 | -€21,201 | -19.2% |
| Tangible fixed assets | 22/27 | €5,128 | €5,128 | = | 0.0% |
| Land and buildings | 22 | €5,128 | €5,128 | = | 0.0% |
| Current assets | 29/58 | €33,537 | €52,583 | +€19,046 | +56.8% |
| Amounts receivable within one year | 40/41 | €28,192 | €50,880 | +€22,688 | +80.5% |
| Trade receivables | 40 | €28,000 | €50,880 | +€22,880 | +81.7% |
| Other amounts receivable | 41 | €192 | - | -€192 | |
| Cash at bank and in hand | 54/58 | €5,345 | €1,703 | -€3,642 | -68.1% |
| Total equity and liabilities | 10/49 | €148,887 | €146,732 | -€2,155 | -1.4% |
| Equity | 10/15 | €146,379 | €146,615 | +€237 | +0.2% |
| Contributions | 10/11 | €136,500 | €136,500 | = | 0.0% |
| Capital | 10 | €136,500 | €136,500 | = | 0.0% |
| Issued capital | 100 | €136,500 | €136,500 | = | 0.0% |
| Reserves | 13 | €1,419 | €1,442 | +€24 | +1.7% |
| Non-distributable reserves | 130/1 | €1,419 | €1,442 | +€24 | +1.7% |
| Legal reserve | 130 | €1,419 | €1,442 | +€24 | +1.7% |
| Profit (loss) carried forward | 14 | €8,460 | €8,673 | +€213 | +2.5% |
| Amounts payable | 17/49 | €2,508 | €116 | -€2,392 | -95.4% |
| Amounts payable within one year | 42/48 | €2,380 | €86 | -€2,294 | -96.4% |
| Taxes, remuneration and social security | 45 | €2,380 | €86 | -€2,294 | -96.4% |
| Taxes | 450/3 | €2,380 | €86 | -€2,294 | -96.4% |
| Accrued charges and deferred income | 492/3 | €128 | €30 | -€98 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,185 | €21,201 | +€16 | +0.1% |
| Other operating charges | 640/8 | €753 | €607 | -€146 | -19.3% |
| Gross operating margin | 9900 | €22,085 | €22,759 | +€674 | +3.1% |
| Operating profit (loss) | 9901 | €146 | €950 | +€804 | +550% |
| Financial charges | 65/66B | €723 | €627 | -€96 | -13.3% |
| Recurring financial charges | 65 | €723 | €627 | -€96 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | -€577 | €323 | +€900 | |
| Income taxes | 67/77 | - | €86 | +€86 | |
| Profit (loss) for the period | 9904 | -€577 | €237 | +€814 | |
| Profit (loss) for the period to be appropriated | 9905 | -€577 | €237 | +€814 |
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 14 October 2026 via checked.be.