PIRTEK LIÈGE: what changed
PIRTEK LIÈGE
Largest movements
- Receivables within one year +€60,002
up €60,002 (+46.1%), from €130,200 to €190,202
of which Trade receivables: +€60,002
- Cash +€21,229
up €21,229 (+74.4%), from €28,535 to €49,763
mainly Other debts (+€70,273) and Accrued charges and deferred income (+€29,774)
- Deferred charges and accrued income -€11,272
down €11,272 (-100%), from €11,272 to €0
- Stocks and contracts +€7,222
up €7,222 (+12.1%), from €59,606 to €66,828
- Other debts +€70,273
up €70,273 (+12.1%), from €581,450 to €651,723
- Profit (loss) carried forward -€55,117
down €55,117 (-1.9%), from -€2.9m to -€3.0m
- Accrued charges and deferred income +€29,774
up €29,774 (+128%), from €23,268 to €53,042
- Tax, wage and social debts +€19,679
up €19,679 (+102%), from €19,203 to €38,881
of which Remuneration and social security: +€19,482
- Trade debts +€13,353
up €13,353 (+21.9%), from €60,960 to €74,313
- Turnover -€824,365
no longer reported in 2025 (was €824,365)
- Purchases and services -€767,027
no longer reported in 2025 (was €767,027)
- Gross operating margin +€258,533
up €258,533 (+168%), from €154,259 to €412,792
- Staff costs +€139,974
up €139,974 (+54.6%), from €256,542 to €396,516
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,214 | €368,176 | +€77,962 | +26.9% |
| Fixed assets | 21/28 | €60,602 | €61,383 | +€781 | +1.3% |
| Tangible fixed assets | 22/27 | €52,952 | €53,733 | +€781 | +1.5% |
| Plant, machinery and equipment | 23 | €1,201 | €1,608 | +€407 | +33.9% |
| Furniture and vehicles | 24 | €30,582 | €35,975 | +€5,393 | +17.6% |
| Other tangible fixed assets | 26 | €21,170 | €16,150 | -€5,019 | -23.7% |
| Financial fixed assets | 28 | €7,650 | €7,650 | = | 0.0% |
| Current assets | 29/58 | €229,612 | €306,793 | +€77,181 | +33.6% |
| Stocks and contracts in progress | 3 | €59,606 | €66,828 | +€7,222 | +12.1% |
| Stocks | 30/36 | €59,606 | €66,828 | +€7,222 | +12.1% |
| Amounts receivable within one year | 40/41 | €130,200 | €190,202 | +€60,002 | +46.1% |
| Trade receivables | 40 | €130,200 | €190,202 | +€60,002 | +46.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €28,535 | €49,763 | +€21,229 | +74.4% |
| Deferred charges and accrued income | 490/1 | €11,272 | €0 | -€11,272 | -100% |
| Total equity and liabilities | 10/49 | €290,214 | €368,176 | +€77,962 | +26.9% |
| Equity | 10/15 | -€394,667 | -€449,784 | -€55,117 | -14.0% |
| Contributions | 10/11 | €2,548,600 | €2,548,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,943,267 | -€2,998,384 | -€55,117 | -1.9% |
| Amounts payable | 17/49 | €684,882 | €817,960 | +€133,078 | +19.4% |
| Amounts payable within one year | 42/48 | €661,613 | €764,917 | +€103,304 | +15.6% |
| Trade debts | 44 | €60,960 | €74,313 | +€13,353 | +21.9% |
| Suppliers | 440/4 | €60,960 | €74,313 | +€13,353 | +21.9% |
| Taxes, remuneration and social security | 45 | €19,203 | €38,881 | +€19,679 | +102% |
| Taxes | 450/3 | €1,378 | €1,575 | +€197 | +14.3% |
| Remuneration and social security | 454/9 | €17,824 | €37,306 | +€19,482 | +109% |
| Other amounts payable | 47/48 | €581,450 | €651,723 | +€70,273 | +12.1% |
| Accrued charges and deferred income | 492/3 | €23,268 | €53,042 | +€29,774 | +128% |
| Turnover | 70 | €824,365 | - | -€824,365 | |
| Goods, raw materials, services and sundry goods | 60/61 | €767,027 | - | -€767,027 | |
| Remuneration, social security and pensions | 62 | €256,542 | €396,516 | +€139,974 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,721 | €16,772 | -€948 | -5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,414 | €11,641 | +€2,226 | +23.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €154,259 | €412,792 | +€258,533 | +168% |
| Operating profit (loss) | 9901 | -€129,806 | -€12,537 | +€117,269 | +90.3% |
| Financial income | 75/76B | €279 | €0 | -€279 | -100% |
| Recurring financial income | 75 | €279 | €0 | -€279 | -100% |
| Financial charges | 65/66B | €40,574 | €42,580 | +€2,006 | +4.9% |
| Recurring financial charges | 65 | €40,574 | €42,580 | +€2,006 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€170,101 | -€55,117 | +€114,984 | +67.6% |
| Profit (loss) for the period | 9904 | -€170,101 | -€55,117 | +€114,984 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€170,101 | -€55,117 | +€114,984 | +67.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.