PYPE HANS: 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.
PYPE HANS
Largest movements
- Tangible fixed assets -€33,864
down €33,864 (-7.4%), from €459,406 to €425,543
of which Furniture and vehicles: -€35,006
- Cash -€15,054
down €15,054 (-100%), from €15,054 to €0
mainly Debts after one year (-€61,677) and Investment in fixed assets (net) (-€30,051)
- Receivables within one year +€12,761
up €12,761 (+16.8%), from €75,870 to €88,631
of which Trade receivables: +€7,464
- Debts after one year -€61,677
down €61,677 (-26.2%), from €235,388 to €173,711
- Short-term financial debts +€27,220
up €27,220, from €0 to €27,220
- Profit (loss) carried forward -€24,512
down €24,512 (-14.8%), from €165,830 to €141,319
- Trade debts +€16,962
up €16,962 (+28.7%), from €59,177 to €76,140
- Gross operating margin -€42,272
down €42,272 (-20.1%), from €210,619 to €168,348
- Depreciation +€19,190
up €19,190 (+42.9%), from €44,725 to €63,915
- Financial charges -€9,123
down €9,123 (-32.2%), from €28,361 to €19,238
- Taxes -€7,038
down €7,038 (-96.9%), from €7,264 to €226
- Staff costs +€3,674
up €3,674 (+3.5%), from €104,761 to €108,435
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 | €555,131 | €518,162 | -€36,969 | -6.7% |
| Fixed assets | 21/28 | €459,406 | €425,543 | -€33,864 | -7.4% |
| Tangible fixed assets | 22/27 | €459,406 | €425,543 | -€33,864 | -7.4% |
| Land and buildings | 22 | €187,380 | €197,135 | +€9,755 | +5.2% |
| Plant, machinery and equipment | 23 | €25,581 | €28,879 | +€3,298 | +12.9% |
| Furniture and vehicles | 24 | €156,933 | €121,927 | -€35,006 | -22.3% |
| Leasing and similar rights | 25 | €89,513 | €77,602 | -€11,911 | -13.3% |
| Current assets | 29/58 | €95,725 | €92,620 | -€3,105 | -3.2% |
| Stocks and contracts in progress | 3 | €1,250 | €725 | -€525 | -42.0% |
| Stocks | 30/36 | €1,250 | €725 | -€525 | -42.0% |
| Amounts receivable within one year | 40/41 | €75,870 | €88,631 | +€12,761 | +16.8% |
| Trade receivables | 40 | €37,744 | €45,208 | +€7,464 | +19.8% |
| Other amounts receivable | 41 | €38,126 | €43,423 | +€5,297 | +13.9% |
| Cash at bank and in hand | 54/58 | €15,054 | €0 | -€15,054 | -100% |
| Deferred charges and accrued income | 490/1 | €3,551 | €3,263 | -€287 | -8.1% |
| Total equity and liabilities | 10/49 | €555,131 | €518,162 | -€36,969 | -6.7% |
| Equity | 10/15 | €184,520 | €160,009 | -€24,512 | -13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90 | €90 | = | 0.0% |
| Distributable reserves | 133 | €90 | €90 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,830 | €141,319 | -€24,512 | -14.8% |
| Amounts payable | 17/49 | €370,611 | €358,154 | -€12,457 | -3.4% |
| Amounts payable after more than one year | 17 | €235,388 | €173,711 | -€61,677 | -26.2% |
| Financial debts | 170/4 | €235,388 | €173,711 | -€61,677 | -26.2% |
| Amounts payable within one year | 42/48 | €135,223 | €184,389 | +€49,166 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €60,164 | €61,677 | +€1,513 | +2.5% |
| Financial debts | 43 | €0 | €27,220 | +€27,220 | |
| Credit institutions | 430/8 | €0 | €27,220 | +€27,220 | |
| Trade debts | 44 | €59,177 | €76,140 | +€16,962 | +28.7% |
| Suppliers | 440/4 | €59,177 | €76,140 | +€16,962 | +28.7% |
| Taxes, remuneration and social security | 45 | €15,882 | €19,352 | +€3,470 | +21.9% |
| Taxes | 450/3 | €10,011 | €5,074 | -€4,937 | -49.3% |
| Remuneration and social security | 454/9 | €5,871 | €14,278 | +€8,407 | +143% |
| Accrued charges and deferred income | 492/3 | €0 | €54 | +€54 | |
| Remuneration, social security and pensions | 62 | €104,761 | €108,435 | +€3,674 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,725 | €63,915 | +€19,190 | +42.9% |
| Other operating charges | 640/8 | €2,043 | €1,883 | -€160 | -7.9% |
| Gross operating margin | 9900 | €210,619 | €168,348 | -€42,272 | -20.1% |
| Operating profit (loss) | 9901 | €59,090 | -€5,885 | -€64,975 | |
| Financial income | 75/76B | €4,028 | €837 | -€3,191 | -79.2% |
| Recurring financial income | 75 | €4,028 | €837 | -€3,191 | -79.2% |
| Financial charges | 65/66B | €28,361 | €19,238 | -€9,123 | -32.2% |
| Recurring financial charges | 65 | €28,361 | €19,238 | -€9,123 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €34,758 | -€24,285 | -€59,043 | |
| Income taxes | 67/77 | €7,264 | €226 | -€7,038 | -96.9% |
| Profit (loss) for the period | 9904 | €27,494 | -€24,512 | -€52,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,494 | -€24,512 | -€52,006 |
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.