PIRSOPTIC: 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.
PIRSOPTIC
Largest movements
- Cash +€20,887
up €20,887 (+186.8%), from €11,184 to €32,071
mainly Net result for the year (+€11,493) and Depreciation (+€5,039)
- Tangible fixed assets -€3,857
down €3,857 (-40.2%), from €9,585 to €5,728
of which Land and buildings: -€2,507
- Receivables within one year -€1,739
down €1,739 (-13.6%), from €12,801 to €11,062
of which Trade receivables: -€2,080
- Deferred charges and accrued income -€1,598
down €1,598 (-36.3%), from €4,407 to €2,809
- Reserves +€9,513
up €9,513 (+58.0%), from €16,405 to €25,918
- Other debts +€3,558
up €3,558 (+1797.0%), from €198 to €3,756
- Tax, wage and social debts +€3,316
up €3,316 (+33.0%), from €10,035 to €13,351
of which Taxes: +€1,707
- Current portion of long-term debt -€3,142
no longer reported in 2025 (was €3,142)
- Gross operating margin +€13,646
up €13,646 (+48.7%), from €28,021 to €41,667
- Staff costs +€7,381
up €7,381 (+73.8%), from €10,004 to €17,385
- Taxes +€1,763
up €1,763 (+38.8%), from €4,549 to €6,312
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 | €37,977 | €51,670 | +€13,693 | +36.1% |
| Fixed assets | 21/28 | €9,585 | €5,728 | -€3,857 | -40.2% |
| Tangible fixed assets | 22/27 | €9,585 | €5,728 | -€3,857 | -40.2% |
| Land and buildings | 22 | €6,080 | €3,573 | -€2,507 | -41.2% |
| Plant, machinery and equipment | 23 | €694 | - | -€694 | |
| Furniture and vehicles | 24 | €1,775 | €1,248 | -€527 | -29.7% |
| Other tangible fixed assets | 26 | €1,036 | €907 | -€129 | -12.5% |
| Current assets | 29/58 | €28,392 | €45,942 | +€17,550 | +61.8% |
| Amounts receivable within one year | 40/41 | €12,801 | €11,062 | -€1,739 | -13.6% |
| Trade receivables | 40 | €12,599 | €10,519 | -€2,080 | -16.5% |
| Other amounts receivable | 41 | €202 | €543 | +€341 | +168.8% |
| Cash at bank and in hand | 54/58 | €11,184 | €32,071 | +€20,887 | +186.8% |
| Deferred charges and accrued income | 490/1 | €4,407 | €2,809 | -€1,598 | -36.3% |
| Total equity and liabilities | 10/49 | €37,977 | €51,670 | +€13,693 | +36.1% |
| Equity | 10/15 | €22,605 | €32,118 | +€9,513 | +42.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,405 | €25,918 | +€9,513 | +58.0% |
| Distributable reserves | 133 | €16,405 | €25,918 | +€9,513 | +58.0% |
| Amounts payable | 17/49 | €15,372 | €19,552 | +€4,180 | +27.2% |
| Amounts payable within one year | 42/48 | €15,372 | €19,552 | +€4,180 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €3,142 | - | -€3,142 | |
| Trade debts | 44 | €1,997 | €2,359 | +€362 | +18.1% |
| Suppliers | 440/4 | €1,997 | €2,359 | +€362 | +18.1% |
| Advances received on contracts in progress | 46 | - | €86 | +€86 | |
| Taxes, remuneration and social security | 45 | €10,035 | €13,351 | +€3,316 | +33.0% |
| Taxes | 450/3 | €10,035 | €11,742 | +€1,707 | +17.0% |
| Remuneration and social security | 454/9 | - | €1,609 | +€1,609 | |
| Other amounts payable | 47/48 | €198 | €3,756 | +€3,558 | +1797.0% |
| Remuneration, social security and pensions | 62 | €10,004 | €17,385 | +€7,381 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,999 | €5,039 | +€40 | +0.8% |
| Other operating charges | 640/8 | €946 | €722 | -€224 | -23.7% |
| Gross operating margin | 9900 | €28,021 | €41,667 | +€13,646 | +48.7% |
| Operating profit (loss) | 9901 | €12,072 | €18,521 | +€6,449 | +53.4% |
| Financial income | 75/76B | €17 | €51 | +€34 | +200.0% |
| Recurring financial income | 75 | €17 | €51 | +€34 | +200.0% |
| Financial charges | 65/66B | €698 | €767 | +€69 | +9.9% |
| Recurring financial charges | 65 | €698 | €767 | +€69 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €11,391 | €17,805 | +€6,414 | +56.3% |
| Income taxes | 67/77 | €4,549 | €6,312 | +€1,763 | +38.8% |
| Profit (loss) for the period | 9904 | €6,842 | €11,493 | +€4,651 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,842 | €11,493 | +€4,651 | +68.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.