PJ-Bati PIRSON: what changed
What changed
PJ-Bati PIRSON
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€12,630
2024 · €20,739-€33,369
Equity
€27,535
2024 · €40,165-€12,630
Cash
€0
2024 · €552-€552
Balance sheet total
€161,169
2024 · €136,733+€24,436
Largest movements
Assets
- Receivables within one year +€42,045
up €42,045 (+62.1%), from €67,704 to €109,749
of which Other amounts receivable: +€59,058
- Tangible fixed assets -€14,795
down €14,795 (-26.9%), from €55,019 to €40,224
of which Other tangible fixed assets: -€12,077
- Intangible fixed assets -€6,110
down €6,110 (-50.1%), from €12,194 to €6,084
- Deferred charges and accrued income +€3,848
up €3,848 (+548%), from €703 to €4,551
Equity and liabilities
- Trade debts +€23,815
up €23,815 (+80.3%), from €29,647 to €53,462
- Tax, wage and social debts +€20,960
up €20,960 (+202%), from €10,356 to €31,316
of which Taxes: +€20,032
- Short-term financial debts +€14,916
new in 2025: €14,916
- Profit (loss) carried forward -€12,630
down €12,630 (-34.9%), from €36,165 to €23,535
- Advances received -€9,959
down €9,959 (-54.2%), from €18,369 to €8,410
Income statement
- Staff costs +€45,436
up €45,436 (+51.7%), from €87,931 to €133,367
- Gross operating margin +€8,199
up €8,199 (+5.5%), from €149,563 to €157,762
- Taxes -€2,985
down €2,985 (-94.0%), from €3,176 to €191
Change in the result, 2024 to 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.
Result 2024
€20,739
Gross operating margin
+€8,199
Staff costs
-€45,436
Depreciation
+€750
Other operating charges
+€1,334
Financial charges
-€1,201
Taxes
+€2,985
Result 2025
-€12,630
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€7,887
Investment
€0
Financing
+€7,335
Cash 2024
€552
From operations (derived)
-€7,887
Net result for the year
-€12,630
Depreciation
+€20,905
Receivables within one year
-€42,045
Deferred charges and accrued income
-€3,848
Trade debts
+€23,815
Tax, wage and social debts
+€20,960
Advances received
-€9,959
Other debts
-€5,000
Accrued charges and deferred income
-€86
Financing
+€7,335
Debts after one year
-€8,012
Current portion of long-term debt
+€432
Short-term financial debts
+€14,916
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,733 | €161,169 | +€24,436 | +17.9% |
| Fixed assets | 21/28 | €67,775 | €46,870 | -€20,905 | -30.8% |
| Intangible fixed assets | 21 | €12,194 | €6,084 | -€6,110 | -50.1% |
| Tangible fixed assets | 22/27 | €55,019 | €40,224 | -€14,795 | -26.9% |
| Furniture and vehicles | 24 | €5,238 | €2,519 | -€2,719 | -51.9% |
| Other tangible fixed assets | 26 | €49,781 | €37,705 | -€12,077 | -24.3% |
| Financial fixed assets | 28 | €562 | €562 | = | 0.0% |
| Current assets | 29/58 | €68,958 | €114,299 | +€45,341 | +65.8% |
| Amounts receivable within one year | 40/41 | €67,704 | €109,749 | +€42,045 | +62.1% |
| Trade receivables | 40 | €62,376 | €45,362 | -€17,014 | -27.3% |
| Other amounts receivable | 41 | €5,328 | €64,386 | +€59,058 | +1,108% |
| Cash at bank and in hand | 54/58 | €552 | €0 | -€552 | -100% |
| Deferred charges and accrued income | 490/1 | €703 | €4,551 | +€3,848 | +548% |
| Total equity and liabilities | 10/49 | €136,733 | €161,169 | +€24,436 | +17.9% |
| Equity | 10/15 | €40,165 | €27,535 | -€12,630 | -31.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,165 | €23,535 | -€12,630 | -34.9% |
| Amounts payable | 17/49 | €96,568 | €133,634 | +€37,066 | +38.4% |
| Amounts payable after more than one year | 17 | €24,668 | €16,656 | -€8,012 | -32.5% |
| Financial debts | 170/4 | €24,668 | €16,656 | -€8,012 | -32.5% |
| Amounts payable within one year | 42/48 | €70,953 | €116,116 | +€45,164 | +63.7% |
| Current portion of amounts payable after more than one year | 42 | €7,580 | €8,012 | +€432 | +5.7% |
| Financial debts | 43 | - | €14,916 | +€14,916 | |
| Credit institutions | 430/8 | - | €14,916 | +€14,916 | |
| Trade debts | 44 | €29,647 | €53,462 | +€23,815 | +80.3% |
| Suppliers | 440/4 | €29,647 | €53,462 | +€23,815 | +80.3% |
| Advances received on contracts in progress | 46 | €18,369 | €8,410 | -€9,959 | -54.2% |
| Taxes, remuneration and social security | 45 | €10,356 | €31,316 | +€20,960 | +202% |
| Taxes | 450/3 | €8,445 | €28,477 | +€20,032 | +237% |
| Remuneration and social security | 454/9 | €1,911 | €2,839 | +€929 | +48.6% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100% |
| Accrued charges and deferred income | 492/3 | €948 | €862 | -€86 | -9.0% |
| Remuneration, social security and pensions | 62 | €87,931 | €133,367 | +€45,436 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,655 | €20,905 | -€750 | -3.5% |
| Other operating charges | 640/8 | €3,279 | €1,945 | -€1,334 | -40.7% |
| Gross operating margin | 9900 | €149,563 | €157,762 | +€8,199 | +5.5% |
| Operating profit (loss) | 9901 | €36,698 | €1,545 | -€35,153 | -95.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,782 | €13,984 | +€1,201 | +9.4% |
| Recurring financial charges | 65 | €12,782 | €13,984 | +€1,201 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €23,915 | -€12,439 | -€36,354 | |
| Income taxes | 67/77 | €3,176 | €191 | -€2,985 | -94.0% |
| Profit (loss) for the period | 9904 | €20,739 | -€12,630 | -€33,369 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,739 | -€12,630 | -€33,369 |
Next steps
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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 4 November 2026 via checked.be.