Piros: 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.
What changed
Piros
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€185,002
2024 · €465,916-€650,918
Equity
€1.7m
2024 · €1.9m-€185,002
Cash
€113,542
2024 · €41,062+€72,480
Balance sheet total
€4.7m
2024 · €10.4m-€5.7m
Largest movements
Assets
- Receivables within one year -€5.9m
down €5.9m (-56.9%), from €10.3m to €4.4m
of which Trade receivables: -€6.4m
Equity and liabilities
- Trade debts -€5.4m
down €5.4m (-66.3%), from €8.1m to €2.7m
- Reserves -€184,000
down €184,000 (-10.0%), from €1.8m to €1.7m
of which Distributable reserves: -€141,900
- Tax, wage and social debts -€120,455
down €120,455 (-32.4%), from €372,242 to €251,787
of which Taxes: -€155,494
Income statement
- Goods and materials -€14.4m
no longer reported in 2025 (was €14.4m)
- Turnover -€7.0m
down €7.0m (-41.0%), from €17.0m to €10.0m
- Gross operating margin +€1.3m
new in 2025: €1.3m
- Services and other goods -€908,537
no longer reported in 2025 (was €908,537)
- Staff costs +€255,927
up €255,927 (+21.0%), from €1.2m to €1.5m
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.
Result 2024
€465,916
Turnover
-€7.0m
Other operating income
-€152,040
Goods and materials
+€14.4m
Services and other goods
+€908,537
Staff costs
-€255,927
Depreciation
-€10,548
Other operating charges
+€993
Other operating items
-€8.7m
Financial income
+€14,931
Financial charges
-€7,229
Taxes
+€169,417
Result 2025
-€185,002
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€119,749
Investment
-€47,268
Financing
€0
Cash 2024
€41,062
From operations (derived)
+€119,749
Net result for the year
-€185,002
Depreciation
+€27,406
Receivables within one year
+€5.9m
Deferred charges and accrued income
-€51,378
Trade debts
-€5.4m
Tax, wage and social debts
-€120,455
Other debts
-€14,956
Accrued charges and deferred income
-€8,316
Investment (derived)
-€47,268
Investment in fixed assets (net)
-€47,268
Cash 2025
€113,542
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,424,743 | €4,702,726 | -€5.7m | -54.9% |
| Fixed assets | 21/28 | €37,256 | €57,118 | +€19,862 | +53.3% |
| Tangible fixed assets | 22/27 | €37,256 | €57,115 | +€19,859 | +53.3% |
| Plant, machinery and equipment | 23 | €27,261 | €33,272 | +€6,010 | +22.0% |
| Furniture and vehicles | 24 | €1,103 | €9,142 | +€8,039 | +729% |
| Other tangible fixed assets | 26 | €8,892 | €14,702 | +€5,810 | +65.3% |
| Financial fixed assets | 28 | - | €3 | +€3 | |
| Current assets | 29/58 | €10,387,487 | €4,645,608 | -€5.7m | -55.3% |
| Amounts receivable within one year | 40/41 | €10,314,919 | €4,449,182 | -€5.9m | -56.9% |
| Trade receivables | 40 | €9,203,892 | €2,770,758 | -€6.4m | -69.9% |
| Other amounts receivable | 41 | €1,111,027 | €1,678,425 | +€567,397 | +51.1% |
| Cash at bank and in hand | 54/58 | €41,062 | €113,542 | +€72,480 | +177% |
| Deferred charges and accrued income | 490/1 | €31,506 | €82,884 | +€51,378 | +163% |
| Total equity and liabilities | 10/49 | €10,424,743 | €4,702,726 | -€5.7m | -54.9% |
| Equity | 10/15 | €1,899,824 | €1,714,822 | -€185,002 | -9.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,836,710 | €1,652,710 | -€184,000 | -10.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €130,510 | €88,410 | -€42,100 | -32.3% |
| Distributable reserves | 133 | €1,700,000 | €1,558,100 | -€141,900 | -8.3% |
| Profit (loss) carried forward | 14 | €1,114 | €112 | -€1,002 | -89.9% |
| Amounts payable | 17/49 | €8,524,919 | €2,987,904 | -€5.5m | -65.0% |
| Amounts payable within one year | 42/48 | €8,516,603 | €2,987,904 | -€5.5m | -64.9% |
| Trade debts | 44 | €8,129,361 | €2,736,073 | -€5.4m | -66.3% |
| Suppliers | 440/4 | €8,129,361 | €2,736,073 | -€5.4m | -66.3% |
| Taxes, remuneration and social security | 45 | €372,242 | €251,787 | -€120,455 | -32.4% |
| Taxes | 450/3 | €234,493 | €78,999 | -€155,494 | -66.3% |
| Remuneration and social security | 454/9 | €137,748 | €172,788 | +€35,039 | +25.4% |
| Other amounts payable | 47/48 | €15,000 | €44 | -€14,956 | -99.7% |
| Accrued charges and deferred income | 492/3 | €8,316 | - | -€8,316 | |
| Operating income | 70/76A | €17,180,058 | - | -€17.2m | |
| Turnover | 70 | €17,027,938 | €10,047,051 | -€7.0m | -41.0% |
| Other operating income | 74 | €152,040 | - | -€152,040 | |
| Non-recurring operating income | 76A | €80 | €244 | +€164 | +205% |
| Operating charges | 60/66A | €16,515,144 | - | -€16.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,926,174 | +€8.9m | |
| Goods for resale, raw materials and consumables | 60 | €14,362,439 | - | -€14.4m | |
| Purchases | 600/8 | €14,362,439 | - | -€14.4m | |
| Services and other goods | 61 | €908,537 | - | -€908,537 | |
| Remuneration, social security and pensions | 62 | €1,218,892 | €1,474,819 | +€255,927 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,858 | €27,406 | +€10,548 | +62.6% |
| Other operating charges | 640/8 | €8,417 | €7,424 | -€993 | -11.8% |
| Gross operating margin | 9900 | - | €1,346,526 | +€1.3m | |
| Operating profit (loss) | 9901 | €664,914 | -€163,124 | -€828,038 | |
| Financial income | 75/76B | €5,434 | €20,365 | +€14,931 | +275% |
| Recurring financial income | 75 | €5,434 | €20,365 | +€14,931 | +275% |
| Income from current assets | 751 | €3,196 | - | -€3,196 | |
| Other financial income | 752/9 | €2,238 | - | -€2,238 | |
| Financial charges | 65/66B | €31,625 | €38,854 | +€7,229 | +22.9% |
| Recurring financial charges | 65 | €31,625 | €38,854 | +€7,229 | +22.9% |
| Debt charges | 650 | €27,322 | - | -€27,322 | |
| Other financial charges | 652/9 | €4,304 | - | -€4,304 | |
| Profit (loss) for the period before taxes | 9903 | €638,723 | -€181,612 | -€820,335 | |
| Income taxes | 67/77 | €172,807 | €3,390 | -€169,417 | -98.0% |
| Taxes | 670/3 | €172,807 | - | -€172,807 | |
| Profit (loss) for the period | 9904 | €465,916 | -€185,002 | -€650,918 | |
| Transfer from tax-exempt reserves | 789 | €109,460 | €42,100 | -€67,360 | -61.5% |
| Transfer to tax-exempt reserves | 689 | €63,150 | - | -€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €512,226 | -€142,902 | -€655,128 |
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.