PIRSIMMO: what changed
Two fiscal 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.
PIRSIMMO
Largest movements
- Tangible fixed assets +€333,043
new in 2025: €333,043
- Cash -€41,003
down €41,003 (-90.3%), from €45,412 to €4,409
mainly Investment in fixed assets (net) (-€337,500) and Contributions, distributions and other (-€47,000)
- Receivables within one year -€27,232
no longer reported in 2025 (was €27,232)
- Debts after one year +€284,372
new in 2025: €284,372
- Contributions -€47,000
down €47,000 (-94.0%), from €50,000 to €3,000
- Other debts +€38,550
up €38,550 (+597.7%), from €6,450 to €45,000
- Current portion of long-term debt +€15,628
new in 2025: €15,628
- Profit (loss) carried forward -€10,548
new in 2025: -€10,548
- Gross operating margin -€14,600
down €14,600, from €4,313 to -€10,287
- Provisions -€5,250
new in 2025: -€5,250
- Depreciation +€4,457
new in 2025: €4,457
- Financial charges +€493
up €493 (+1173.2%), from €42 to €535
- Other operating charges +€132
up €132 (+34.1%), from €387 to €519
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.
Cash bridge derived
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 | €72,644 | €337,452 | +€264,808 | +364.5% |
| Fixed assets | 21/28 | - | €333,043 | +€333,043 | |
| Tangible fixed assets | 22/27 | - | €333,043 | +€333,043 | |
| Land and buildings | 22 | - | €333,043 | +€333,043 | |
| Current assets | 29/58 | €72,644 | €4,409 | -€68,235 | -93.9% |
| Amounts receivable within one year | 40/41 | €27,232 | - | -€27,232 | |
| Trade receivables | 40 | €27,232 | - | -€27,232 | |
| Cash at bank and in hand | 54/58 | €45,412 | €4,409 | -€41,003 | -90.3% |
| Total equity and liabilities | 10/49 | €72,644 | €337,452 | +€264,808 | +364.5% |
| Equity | 10/15 | €50,000 | -€7,548 | -€57,548 | |
| Contributions | 10/11 | €50,000 | €3,000 | -€47,000 | -94.0% |
| Profit (loss) carried forward | 14 | - | -€10,548 | -€10,548 | |
| Provisions and deferred taxes | 16 | €5,250 | - | -€5,250 | |
| Provisions for liabilities and charges | 160/5 | €5,250 | - | -€5,250 | |
| Other liabilities and charges | 164/5 | €5,250 | - | -€5,250 | |
| Amounts payable | 17/49 | €17,394 | €345,000 | +€327,606 | +1883.5% |
| Amounts payable after more than one year | 17 | - | €284,372 | +€284,372 | |
| Financial debts | 170/4 | - | €284,372 | +€284,372 | |
| Amounts payable within one year | 42/48 | €17,394 | €60,628 | +€43,235 | +248.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,628 | +€15,628 | |
| Trade debts | 44 | €6,448 | - | -€6,448 | |
| Suppliers | 440/4 | €6,448 | - | -€6,448 | |
| Taxes, remuneration and social security | 45 | €4,496 | - | -€4,496 | |
| Taxes | 450/3 | €4,496 | - | -€4,496 | |
| Other amounts payable | 47/48 | €6,450 | €45,000 | +€38,550 | +597.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,457 | +€4,457 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€5,250 | -€5,250 | |
| Other operating charges | 640/8 | €387 | €519 | +€132 | +34.1% |
| Gross operating margin | 9900 | €4,313 | -€10,287 | -€14,600 | |
| Operating profit (loss) | 9901 | €3,925 | -€10,014 | -€13,939 | |
| Financial charges | 65/66B | €42 | €535 | +€493 | +1173.2% |
| Recurring financial charges | 65 | €42 | €535 | +€493 | +1173.2% |
| Profit (loss) for the period before taxes | 9903 | €3,883 | -€10,548 | -€14,432 | |
| Profit (loss) for the period | 9904 | €3,883 | -€10,548 | -€14,432 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,883 | -€10,548 | -€14,432 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.