PIRTEK BRUSSEL: 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.
PIRTEK BRUSSEL
Largest movements
- Receivables within one year +€54,218
up €54,218 (+24.0%), from €225,994 to €280,213
of which Trade receivables: +€54,218
- Tangible fixed assets -€52,637
down €52,637 (-33.9%), from €155,359 to €102,722
of which Other tangible fixed assets: -€27,918
- Cash -€36,966
down €36,966 (-36.2%), from €102,145 to €65,179
mainly Net result for the year (-€84,059) and Receivables within one year (-€54,218)
- Deferred charges and accrued income -€12,591
down €12,591 (-100%), from €12,591 to €0
- Profit (loss) carried forward -€84,059
down €84,059 (-6.5%), from -€1.3m to -€1.4m
- Other debts +€46,860
up €46,860 (+4.0%), from €1.2m to €1.2m
- Trade debts -€7,747
down €7,747 (-4.3%), from €178,593 to €170,846
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Purchases and services -€928,018
no longer reported in 2025 (was €928,018)
- Gross operating margin +€384,957
up €384,957 (+59.7%), from €645,075 to €1.0m
- Staff costs +€113,019
up €113,019 (+13.6%), from €832,507 to €945,526
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €653,417 | €603,215 | -€50,201 | -7.7% |
| Fixed assets | 21/28 | €175,109 | €122,472 | -€52,637 | -30.1% |
| Tangible fixed assets | 22/27 | €155,359 | €102,722 | -€52,637 | -33.9% |
| Plant, machinery and equipment | 23 | €2,896 | €1,594 | -€1,302 | -45.0% |
| Furniture and vehicles | 24 | €81,256 | €57,838 | -€23,417 | -28.8% |
| Other tangible fixed assets | 26 | €71,208 | €43,290 | -€27,918 | -39.2% |
| Financial fixed assets | 28 | €19,750 | €19,750 | = | 0.0% |
| Current assets | 29/58 | €478,307 | €480,743 | +€2,436 | +0.5% |
| Stocks and contracts in progress | 3 | €137,577 | €135,352 | -€2,225 | -1.6% |
| Stocks | 30/36 | €137,577 | €135,352 | -€2,225 | -1.6% |
| Amounts receivable within one year | 40/41 | €225,994 | €280,213 | +€54,218 | +24.0% |
| Trade receivables | 40 | €225,994 | €280,213 | +€54,218 | +24.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €102,145 | €65,179 | -€36,966 | -36.2% |
| Deferred charges and accrued income | 490/1 | €12,591 | €0 | -€12,591 | -100% |
| Total equity and liabilities | 10/49 | €653,417 | €603,215 | -€50,201 | -7.7% |
| Equity | 10/15 | -€848,827 | -€932,886 | -€84,059 | -9.9% |
| Contributions | 10/11 | €438,600 | €438,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,287,427 | -€1,371,486 | -€84,059 | -6.5% |
| Amounts payable | 17/49 | €1,502,244 | €1,536,101 | +€33,858 | +2.3% |
| Amounts payable within one year | 42/48 | €1,478,240 | €1,517,356 | +€39,116 | +2.6% |
| Trade debts | 44 | €178,593 | €170,846 | -€7,747 | -4.3% |
| Suppliers | 440/4 | €178,593 | €170,846 | -€7,747 | -4.3% |
| Taxes, remuneration and social security | 45 | €122,953 | €122,957 | +€4 | 0.0% |
| Taxes | 450/3 | €4,403 | €3,698 | -€705 | -16.0% |
| Remuneration and social security | 454/9 | €118,550 | €119,259 | +€709 | +0.6% |
| Other amounts payable | 47/48 | €1,176,694 | €1,223,553 | +€46,860 | +4.0% |
| Accrued charges and deferred income | 492/3 | €24,004 | €18,745 | -€5,258 | -21.9% |
| Turnover | 70 | €1,418,261 | - | -€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €928,018 | - | -€928,018 | |
| Remuneration, social security and pensions | 62 | €832,507 | €945,526 | +€113,019 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,232 | €55,391 | -€6,842 | -11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,467 | €27,963 | +€12,496 | +80.8% |
| Other operating charges | 640/8 | €158 | €158 | = | 0.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €645,075 | €1,030,032 | +€384,957 | +59.7% |
| Operating profit (loss) | 9901 | -€265,289 | €995 | +€266,284 | |
| Financial income | 75/76B | €217 | €0 | -€217 | -100% |
| Recurring financial income | 75 | €217 | €0 | -€217 | -100% |
| Financial charges | 65/66B | €84,460 | €85,054 | +€594 | +0.7% |
| Recurring financial charges | 65 | €84,460 | €85,054 | +€594 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€349,532 | -€84,059 | +€265,474 | +76.0% |
| Profit (loss) for the period | 9904 | -€349,532 | -€84,059 | +€265,474 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€349,532 | -€84,059 | +€265,474 | +76.0% |
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 31 October 2026 via checked.be.