PISTOLET ORIGINAL: 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.
PISTOLET ORIGINAL
Largest movements
- Receivables within one year -€32,762
down €32,762 (-58.7%), from €55,848 to €23,085
of which Trade receivables: -€30,695
- Tangible fixed assets +€2,316
up €2,316 (+73.3%), from €3,160 to €5,476
- Stocks and contracts -€2,000
down €2,000 (-60.6%), from €3,300 to €1,300
- Deferred charges and accrued income -€1,919
down €1,919 (-84.3%), from €2,278 to €359
- Profit (loss) carried forward +€58,743
up €58,743 (+8.8%), from -€666,435 to -€607,691
- Other debts -€58,058
down €58,058 (-10.2%), from €569,781 to €511,723
- Trade debts -€22,089
down €22,089 (-56.8%), from €38,878 to €16,789
- Tax, wage and social debts -€14,393
down €14,393 (-28.7%), from €50,156 to €35,763
of which Taxes: -€7,599
- Gross operating margin -€44,824
down €44,824 (-10.3%), from €435,477 to €390,653
- Staff costs -€29,642
down €29,642 (-9.1%), from €325,486 to €295,844
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 | €90,906 | €55,999 | -€34,907 | -38.4% |
| Fixed assets | 21/28 | €3,160 | €5,476 | +€2,316 | +73.3% |
| Tangible fixed assets | 22/27 | €3,160 | €5,476 | +€2,316 | +73.3% |
| Other tangible fixed assets | 26 | €3,160 | €5,476 | +€2,316 | +73.3% |
| Current assets | 29/58 | €87,746 | €50,523 | -€37,223 | -42.4% |
| Stocks and contracts in progress | 3 | €3,300 | €1,300 | -€2,000 | -60.6% |
| Stocks | 30/36 | €3,300 | €1,300 | -€2,000 | -60.6% |
| Amounts receivable within one year | 40/41 | €55,848 | €23,085 | -€32,762 | -58.7% |
| Trade receivables | 40 | €53,780 | €23,085 | -€30,695 | -57.1% |
| Other amounts receivable | 41 | €2,068 | - | -€2,068 | |
| Cash at bank and in hand | 54/58 | €26,321 | €25,780 | -€541 | -2.1% |
| Deferred charges and accrued income | 490/1 | €2,278 | €359 | -€1,919 | -84.3% |
| Total equity and liabilities | 10/49 | €90,906 | €55,999 | -€34,907 | -38.4% |
| Equity | 10/15 | -€604,435 | -€545,691 | +€58,743 | +9.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€666,435 | -€607,691 | +€58,743 | +8.8% |
| Amounts payable | 17/49 | €695,341 | €601,690 | -€93,651 | -13.5% |
| Amounts payable within one year | 42/48 | €658,814 | €564,275 | -€94,540 | -14.3% |
| Trade debts | 44 | €38,878 | €16,789 | -€22,089 | -56.8% |
| Suppliers | 440/4 | €38,878 | €16,789 | -€22,089 | -56.8% |
| Taxes, remuneration and social security | 45 | €50,156 | €35,763 | -€14,393 | -28.7% |
| Taxes | 450/3 | €15,239 | €7,641 | -€7,599 | -49.9% |
| Remuneration and social security | 454/9 | €34,917 | €28,122 | -€6,795 | -19.5% |
| Other amounts payable | 47/48 | €569,781 | €511,723 | -€58,058 | -10.2% |
| Accrued charges and deferred income | 492/3 | €36,526 | €37,416 | +€889 | +2.4% |
| Remuneration, social security and pensions | 62 | €325,486 | €295,844 | -€29,642 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,123 | €1,480 | +€357 | +31.8% |
| Other operating charges | 640/8 | €2,702 | €4,986 | +€2,284 | +84.5% |
| Gross operating margin | 9900 | €435,477 | €390,653 | -€44,824 | -10.3% |
| Operating profit (loss) | 9901 | €106,167 | €88,343 | -€17,824 | -16.8% |
| Financial income | 75/76B | €478 | €2,747 | +€2,269 | +475% |
| Recurring financial income | 75 | €478 | €2,747 | +€2,269 | +475% |
| Financial charges | 65/66B | €30,000 | €32,348 | +€2,348 | +7.8% |
| Recurring financial charges | 65 | €30,000 | €32,348 | +€2,348 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €76,645 | €58,743 | -€17,902 | -23.4% |
| Income taxes | 67/77 | €559 | - | -€559 | |
| Profit (loss) for the period | 9904 | €76,086 | €58,743 | -€17,342 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,086 | €58,743 | -€17,342 | -22.8% |
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 29 October 2026 via checked.be.