Pyority: 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.
Pyority
Largest movements
- Receivables within one year +€3.3m
up €3.3m (+304.8%), from €1.1m to €4.3m
of which Trade receivables: +€3.0m
- Cash -€1.1m
down €1.1m (-91.1%), from €1.2m to €111,430
mainly Receivables within one year (-€3.3m) and Stocks and contracts (-€622,183)
- Stocks and contracts +€622,183
up €622,183 (+183.7%), from €338,732 to €960,915
- Trade debts +€2.4m
up €2.4m (+1954.4%), from €123,086 to €2.5m
- Other debts +€349,693
up €349,693 (+4482.6%), from €7,801 to €357,494
- Short-term financial debts -€153,125
down €153,125 (-63.8%), from €240,131 to €87,006
- Reserves +€82,323
up €82,323 (+3.6%), from €2.3m to €2.4m
- Tax, wage and social debts +€58,501
up €58,501 (+58.9%), from €99,268 to €157,769
of which Taxes: +€47,002
- Gross operating margin -€554,454
down €554,454 (-37.9%), from €1.5m to €906,924
- Taxes -€188,197
down €188,197 (-47.2%), from €399,094 to €210,897
- Staff costs +€63,984
up €63,984 (+65.4%), from €97,877 to €161,861
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.
Cash bridge derived
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 | €2,767,044 | €5,510,043 | +€2.7m | +99.1% |
| Fixed assets | 21/28 | €90,964 | €81,708 | -€9,256 | -10.2% |
| Tangible fixed assets | 22/27 | €84,964 | €75,708 | -€9,256 | -10.9% |
| Plant, machinery and equipment | 23 | €7,892 | €8,110 | +€218 | +2.8% |
| Furniture and vehicles | 24 | €65,712 | €52,803 | -€12,909 | -19.6% |
| Other tangible fixed assets | 26 | €11,359 | €14,795 | +€3,436 | +30.2% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €2,676,080 | €5,428,335 | +€2.8m | +102.8% |
| Stocks and contracts in progress | 3 | €338,732 | €960,915 | +€622,183 | +183.7% |
| Stocks | 30/36 | €338,732 | €960,915 | +€622,183 | +183.7% |
| Amounts receivable within one year | 40/41 | €1,069,403 | €4,328,681 | +€3.3m | +304.8% |
| Trade receivables | 40 | €745,612 | €3,785,806 | +€3.0m | +407.7% |
| Other amounts receivable | 41 | €323,791 | €542,875 | +€219,084 | +67.7% |
| Cash at bank and in hand | 54/58 | €1,246,458 | €111,430 | -€1.1m | -91.1% |
| Deferred charges and accrued income | 490/1 | €21,488 | €27,309 | +€5,821 | +27.1% |
| Total equity and liabilities | 10/49 | €2,767,044 | €5,510,043 | +€2.7m | +99.1% |
| Equity | 10/15 | €2,296,758 | €2,379,082 | +€82,323 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,278,158 | €2,360,482 | +€82,323 | +3.6% |
| Distributable reserves | 133 | €2,278,158 | €2,360,482 | +€82,323 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €470,286 | €3,130,961 | +€2.7m | +565.8% |
| Amounts payable within one year | 42/48 | €470,286 | €3,130,961 | +€2.7m | +565.8% |
| Financial debts | 43 | €240,131 | €87,006 | -€153,125 | -63.8% |
| Credit institutions | 430/8 | €240,131 | €87,006 | -€153,125 | -63.8% |
| Trade debts | 44 | €123,086 | €2,528,692 | +€2.4m | +1954.4% |
| Suppliers | 440/4 | €123,086 | €2,528,692 | +€2.4m | +1954.4% |
| Taxes, remuneration and social security | 45 | €99,268 | €157,769 | +€58,501 | +58.9% |
| Taxes | 450/3 | €87,729 | €134,731 | +€47,002 | +53.6% |
| Remuneration and social security | 454/9 | €11,538 | €23,038 | +€11,500 | +99.7% |
| Other amounts payable | 47/48 | €7,801 | €357,494 | +€349,693 | +4482.6% |
| Non-recurring operating income | 76A | - | €12,221 | +€12,221 | |
| Remuneration, social security and pensions | 62 | €97,877 | €161,861 | +€63,984 | +65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,033 | €21,454 | +€10,421 | +94.5% |
| Other operating charges | 640/8 | €12,196 | €22,915 | +€10,718 | +87.9% |
| Non-recurring operating charges | 66A | €81,204 | €35,000 | -€46,204 | -56.9% |
| Gross operating margin | 9900 | €1,461,377 | €906,924 | -€554,454 | -37.9% |
| Operating profit (loss) | 9901 | €1,259,067 | €665,694 | -€593,373 | -47.1% |
| Financial income | 75/76B | €11,176 | €9,975 | -€1,202 | -10.8% |
| Recurring financial income | 75 | €11,176 | €9,975 | -€1,202 | -10.8% |
| Financial charges | 65/66B | €23,863 | €31,546 | +€7,684 | +32.2% |
| Recurring financial charges | 65 | €23,863 | €31,546 | +€7,684 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €1,246,381 | €644,122 | -€602,259 | -48.3% |
| Income taxes | 67/77 | €399,094 | €210,897 | -€188,197 | -47.2% |
| Profit (loss) for the period | 9904 | €847,287 | €433,225 | -€414,062 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €847,287 | €433,225 | -€414,062 | -48.9% |
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 28 September 2026 via checked.be.