PISCINE SERVICES: 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.
PISCINE SERVICES
Largest movements
- Cash -€70,230
down €70,230 (-95.3%), from €73,722 to €3,491
mainly Trade debts (-€101,730) and Current portion of long-term debt (-€24,451)
- Tangible fixed assets -€42,510
down €42,510 (-37.0%), from €114,973 to €72,463
of which Plant, machinery and equipment: -€24,817
- Deferred charges and accrued income -€38,441
down €38,441 (-59.8%), from €64,267 to €25,826
- Stocks and contracts +€17,747
up €17,747 (+66.0%), from €26,905 to €44,652
- Receivables within one year -€15,164
down €15,164 (-5.7%), from €264,622 to €249,458
of which Other amounts receivable: -€8,436
- Trade debts -€101,730
down €101,730 (-53.8%), from €188,916 to €87,186
- Current portion of long-term debt -€24,451
down €24,451 (-55.4%), from €44,119 to €19,668
- Debts after one year -€19,668
no longer reported in 2025 (was €19,668)
- Tax, wage and social debts -€14,104
down €14,104 (-24.2%), from €58,374 to €44,271
of which Remuneration and social security: -€10,209
- Reserves +€10,136
up €10,136 (+6.6%), from €153,990 to €164,126
of which Distributable reserves: +€10,136
- Staff costs -€53,898
down €53,898 (-49.2%), from €109,519 to €55,622
- Gross operating margin -€26,773
down €26,773 (-18.3%), from €146,693 to €119,920
- Other operating charges -€7,308
down €7,308 (-69.5%), from €10,517 to €3,209
- Depreciation +€2,582
up €2,582 (+6.3%), from €40,676 to €43,258
- Financial charges +€2,114
up €2,114 (+51.6%), from €4,095 to €6,210
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 | €547,097 | €396,991 | -€150,106 | -27.4% |
| Fixed assets | 21/28 | €117,582 | €73,564 | -€44,017 | -37.4% |
| Intangible fixed assets | 21 | €2,190 | €1,033 | -€1,157 | -52.8% |
| Tangible fixed assets | 22/27 | €114,973 | €72,463 | -€42,510 | -37.0% |
| Plant, machinery and equipment | 23 | €71,926 | €47,110 | -€24,817 | -34.5% |
| Furniture and vehicles | 24 | €42,596 | €25,353 | -€17,243 | -40.5% |
| Other tangible fixed assets | 26 | €451 | - | -€451 | |
| Financial fixed assets | 28 | €418 | €68 | -€350 | -83.6% |
| Current assets | 29/58 | €429,515 | €323,427 | -€106,089 | -24.7% |
| Stocks and contracts in progress | 3 | €26,905 | €44,652 | +€17,747 | +66.0% |
| Stocks | 30/36 | €26,905 | €44,652 | +€17,747 | +66.0% |
| Amounts receivable within one year | 40/41 | €264,622 | €249,458 | -€15,164 | -5.7% |
| Trade receivables | 40 | €249,294 | €242,566 | -€6,728 | -2.7% |
| Other amounts receivable | 41 | €15,328 | €6,892 | -€8,436 | -55.0% |
| Cash at bank and in hand | 54/58 | €73,722 | €3,491 | -€70,230 | -95.3% |
| Deferred charges and accrued income | 490/1 | €64,267 | €25,826 | -€38,441 | -59.8% |
| Total equity and liabilities | 10/49 | €547,097 | €396,991 | -€150,106 | -27.4% |
| Equity | 10/15 | €218,604 | €228,740 | +€10,136 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,990 | €164,126 | +€10,136 | +6.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €152,130 | €162,266 | +€10,136 | +6.7% |
| Profit (loss) carried forward | 14 | €46,015 | €46,015 | = | 0.0% |
| Amounts payable | 17/49 | €328,493 | €168,251 | -€160,242 | -48.8% |
| Amounts payable after more than one year | 17 | €19,668 | - | -€19,668 | |
| Financial debts | 170/4 | €19,668 | - | -€19,668 | |
| Amounts payable within one year | 42/48 | €308,759 | €168,251 | -€140,508 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €44,119 | €19,668 | -€24,451 | -55.4% |
| Trade debts | 44 | €188,916 | €87,186 | -€101,730 | -53.8% |
| Suppliers | 440/4 | €188,916 | €87,186 | -€101,730 | -53.8% |
| Taxes, remuneration and social security | 45 | €58,374 | €44,271 | -€14,104 | -24.2% |
| Taxes | 450/3 | €45,985 | €42,091 | -€3,895 | -8.5% |
| Remuneration and social security | 454/9 | €12,389 | €2,180 | -€10,209 | -82.4% |
| Other amounts payable | 47/48 | €17,349 | €17,126 | -€224 | -1.3% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Non-recurring operating income | 76A | €7,334 | €1,335 | -€5,999 | -81.8% |
| Remuneration, social security and pensions | 62 | €109,519 | €55,622 | -€53,898 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,676 | €43,258 | +€2,582 | +6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€403 | -€403 | |
| Other operating charges | 640/8 | €10,517 | €3,209 | -€7,308 | -69.5% |
| Non-recurring operating charges | 66A | €243 | - | -€243 | |
| Gross operating margin | 9900 | €146,693 | €119,920 | -€26,773 | -18.3% |
| Operating profit (loss) | 9901 | -€14,263 | €18,234 | +€32,497 | |
| Financial income | 75/76B | €0 | €35 | +€35 | +17,635% |
| Recurring financial income | 75 | €0 | €35 | +€35 | +17,635% |
| Financial charges | 65/66B | €4,095 | €6,210 | +€2,114 | +51.6% |
| Recurring financial charges | 65 | €4,095 | €6,210 | +€2,114 | +51.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,358 | €12,060 | +€30,417 | |
| Income taxes | 67/77 | €316 | €1,923 | +€1,607 | +508% |
| Profit (loss) for the period | 9904 | -€18,674 | €10,136 | +€28,811 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,674 | €10,136 | +€28,811 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.