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PIVIMMO: 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.

What changed

PIVIMMO

BE 0476.676.113
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€14,412
2024 · -€10,121-€4,291
Equity
-€274,515
2024 · -€260,104-€14,412
Cash
€8,448
2024 · €6,973+€1,475
Balance sheet total
€322,547
2024 · €320,020+€2,527

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Debts after one year +€16,213

      up €16,213 (+2.8%), from €579,960 to €596,173

    • Profit (loss) carried forward -€14,412

      down €14,412 (-3.5%), from -€410,104 to -€424,515

    Income statement
    • Gross operating margin -€4,022

      down €4,022 (-50.5%), from -€7,963 to -€11,985

    • Financial charges +€253

      up €253 (+17.3%), from €1,465 to €1,718

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€10,121
    Gross operating margin -€4,022
    Other operating charges -€16
    Financial charges -€253
    Result 2025 -€14,412

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€14,737
    Investment €0
    Financing +€16,213
    Cash 2024 €6,973
    Net result for the year -€14,412
    Deferred charges and accrued income -€1,052
    Trade debts +€726
    Debts after one year +€16,213
    Cash 2025 €8,448
    Every line side by side 27 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €320,020 €322,547 +€2,527 +0.8%
    Fixed assets 21/28 €311,795 €311,795 = 0.0%
    Tangible fixed assets 22/27 €311,795 €311,795 = 0.0%
    Other tangible fixed assets 26 €311,795 €311,795 = 0.0%
    Current assets 29/58 €8,224 €10,751 +€2,527 +30.7%
    Cash at bank and in hand 54/58 €6,973 €8,448 +€1,475 +21.2%
    Deferred charges and accrued income 490/1 €1,252 €2,303 +€1,052 +84.0%
    Total equity and liabilities 10/49 €320,020 €322,547 +€2,527 +0.8%
    Equity 10/15 -€260,104 -€274,515 -€14,412 -5.5%
    Contributions 10/11 €150,000 €150,000 = 0.0%
    Capital 10 €150,000 €150,000 = 0.0%
    Issued capital 100 €150,000 €150,000 = 0.0%
    Profit (loss) carried forward 14 -€410,104 -€424,515 -€14,412 -3.5%
    Amounts payable 17/49 €580,123 €597,062 +€16,939 +2.9%
    Amounts payable after more than one year 17 €579,960 €596,173 +€16,213 +2.8%
    Other amounts payable 178/9 €579,960 €596,173 +€16,213 +2.8%
    Amounts payable within one year 42/48 €163 €889 +€726 +444.4%
    Trade debts 44 €163 €889 +€726 +444.4%
    Suppliers 440/4 €163 €889 +€726 +444.4%
    Other operating charges 640/8 €693 €709 +€16 +2.3%
    Gross operating margin 9900 -€7,963 -€11,985 -€4,022 -50.5%
    Operating profit (loss) 9901 -€8,656 -€12,694 -€4,038 -46.6%
    Financial charges 65/66B €1,465 €1,718 +€253 +17.3%
    Recurring financial charges 65 €1,465 €1,718 +€253 +17.3%
    Profit (loss) for the period before taxes 9903 -€10,121 -€14,412 -€4,291 -42.4%
    Profit (loss) for the period 9904 -€10,121 -€14,412 -€4,291 -42.4%
    Profit (loss) for the period to be appropriated 9905 -€10,121 -€14,412 -€4,291 -42.4%

    Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.