PIROULA: 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.
PIROULA
Largest movements
- Cash +€58,066
up €58,066 (+698%), from €8,324 to €66,389
mainly Other debts (+€36,475) and Net result for the year (+€14,020)
- Tangible fixed assets +€22,243
up €22,243 (+38.8%), from €57,330 to €79,573
- Deferred charges and accrued income -€13,506
down €13,506 (-97.6%), from €13,833 to €327
- Receivables within one year -€7,522
down €7,522 (-11.4%), from €66,113 to €58,591
of which Trade receivables: -€20,607
- Other debts +€36,475
up €36,475 (+132%), from €27,617 to €64,093
- Reserves +€14,000
up €14,000 (+13.6%), from €103,310 to €117,310
- Tax, wage and social debts +€8,094
up €8,094 (+122%), from €6,619 to €14,713
of which Taxes: +€9,894
- Gross operating margin +€19,325
up €19,325 (+78.5%), from €24,606 to €43,931
- Taxes +€3,321
up €3,321 (+121%), from €2,739 to €6,060
- Financial charges +€1,709
up €1,709 (+102%), from €1,673 to €3,382
- Depreciation -€1,501
down €1,501 (-10.8%), from €13,867 to €12,366
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 | €145,600 | €204,881 | +€59,281 | +40.7% |
| Fixed assets | 21/28 | €57,330 | €79,573 | +€22,243 | +38.8% |
| Tangible fixed assets | 22/27 | €57,330 | €79,573 | +€22,243 | +38.8% |
| Furniture and vehicles | 24 | €57,330 | €79,573 | +€22,243 | +38.8% |
| Current assets | 29/58 | €88,270 | €125,308 | +€37,038 | +42.0% |
| Amounts receivable within one year | 40/41 | €66,113 | €58,591 | -€7,522 | -11.4% |
| Trade receivables | 40 | €58,949 | €38,341 | -€20,607 | -35.0% |
| Other amounts receivable | 41 | €7,165 | €20,250 | +€13,085 | +183% |
| Cash at bank and in hand | 54/58 | €8,324 | €66,389 | +€58,066 | +698% |
| Deferred charges and accrued income | 490/1 | €13,833 | €327 | -€13,506 | -97.6% |
| Total equity and liabilities | 10/49 | €145,600 | €204,881 | +€59,281 | +40.7% |
| Equity | 10/15 | €109,784 | €123,804 | +€14,020 | +12.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €103,310 | €117,310 | +€14,000 | +13.6% |
| Distributable reserves | 133 | €103,310 | €117,310 | +€14,000 | +13.6% |
| Profit (loss) carried forward | 14 | €274 | €294 | +€20 | +7.3% |
| Amounts payable | 17/49 | €35,817 | €81,078 | +€45,261 | +126% |
| Amounts payable within one year | 42/48 | €34,956 | €78,805 | +€43,849 | +125% |
| Trade debts | 44 | €721 | - | -€721 | |
| Suppliers | 440/4 | €721 | - | -€721 | |
| Taxes, remuneration and social security | 45 | €6,619 | €14,713 | +€8,094 | +122% |
| Taxes | 450/3 | €4,819 | €14,713 | +€9,894 | +205% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €27,617 | €64,093 | +€36,475 | +132% |
| Accrued charges and deferred income | 492/3 | €860 | €2,273 | +€1,412 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,867 | €12,366 | -€1,501 | -10.8% |
| Other operating charges | 640/8 | €816 | €638 | -€177 | -21.8% |
| Non-recurring operating charges | 66A | - | €7,465 | +€7,465 | |
| Gross operating margin | 9900 | €24,606 | €43,931 | +€19,325 | +78.5% |
| Operating profit (loss) | 9901 | €9,924 | €23,462 | +€13,538 | +136% |
| Financial charges | 65/66B | €1,673 | €3,382 | +€1,709 | +102% |
| Recurring financial charges | 65 | €1,673 | €3,382 | +€1,709 | +102% |
| Profit (loss) for the period before taxes | 9903 | €8,251 | €20,080 | +€11,830 | +143% |
| Income taxes | 67/77 | €2,739 | €6,060 | +€3,321 | +121% |
| Profit (loss) for the period | 9904 | €5,511 | €14,020 | +€8,509 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €5,511 | €14,020 | +€8,509 | +154% |
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 25 October 2026 via checked.be.