PYRAMIDE IMMO CONSTRUCT: what changed
What changed
PYRAMIDE IMMO CONSTRUCT
NACE 43.410, Roofing work
filed annual accounts (NBB)
Net result for the year
€6,166
2024 · €22,934-€16,768
Equity
€392,371
2024 · €386,205+€6,166
Cash
€2,768
2024 · €6,126-€3,358
Balance sheet total
€1.6m
2024 · €1.6m+€1,165
Largest movements
Assets
- Tangible fixed assets +€20,822
up €20,822 (+3.8%), from €554,211 to €575,033
of which Other tangible fixed assets: +€32,686
Equity and liabilities
- Other debts +€51,141
up €51,141 (+6.8%), from €749,007 to €800,148
- Debts after one year -€37,679
down €37,679 (-11.3%), from €334,092 to €296,413
Income statement
- Gross operating margin -€10,601
down €10,601 (-19.3%), from €55,045 to €44,444
- Depreciation +€9,179
up €9,179 (+84.8%), from €10,819 to €19,998
- Taxes -€2,131
down €2,131 (-16.9%), from €12,607 to €10,476
- Financial charges -€1,608
down €1,608 (-19.1%), from €8,436 to €6,827
- Other operating charges +€726
up €726 (+291%), from €250 to €976
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
€22,934
Gross operating margin
-€10,601
Depreciation
-€9,179
Other operating charges
-€726
Financial income
-€1
Financial charges
+€1,608
Taxes
+€2,131
Result 2025
€6,166
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
+€74,411
Investment
-€40,821
Financing
-€36,948
Cash 2024
€6,126
From operations (derived)
+€74,411
Net result for the year
+€6,166
Depreciation
+€19,998
Receivables within one year
+€14,540
Deferred charges and accrued income
+€1,760
Trade debts
+€4,257
Tax, wage and social debts
-€12,951
Advances received
-€10,500
Other debts
+€51,141
Investment (derived)
-€40,821
Investment in fixed assets (net)
-€40,821
Financing
-€36,948
Debts after one year
-€37,679
Current portion of long-term debt
+€731
Cash 2025
€2,768
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,587,967 | €1,589,132 | +€1,165 | +0.1% |
| Fixed assets | 21/28 | €555,078 | €575,900 | +€20,822 | +3.8% |
| Tangible fixed assets | 22/27 | €554,211 | €575,033 | +€20,822 | +3.8% |
| Land and buildings | 22 | €386,989 | €386,989 | = | 0.0% |
| Plant, machinery and equipment | 23 | €429 | - | -€429 | |
| Furniture and vehicles | 24 | €21,738 | €10,303 | -€11,435 | -52.6% |
| Other tangible fixed assets | 26 | €145,055 | €177,741 | +€32,686 | +22.5% |
| Financial fixed assets | 28 | €867 | €867 | = | 0.0% |
| Current assets | 29/58 | €1,032,889 | €1,013,232 | -€19,658 | -1.9% |
| Stocks and contracts in progress | 3 | €973,905 | €973,905 | = | 0.0% |
| Stocks | 30/36 | €973,905 | €973,905 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,099 | €36,559 | -€14,540 | -28.5% |
| Trade receivables | 40 | €48,433 | €35,078 | -€13,355 | -27.6% |
| Other amounts receivable | 41 | €2,666 | €1,481 | -€1,184 | -44.4% |
| Cash at bank and in hand | 54/58 | €6,126 | €2,768 | -€3,358 | -54.8% |
| Deferred charges and accrued income | 490/1 | €1,760 | - | -€1,760 | |
| Total equity and liabilities | 10/49 | €1,587,967 | €1,589,132 | +€1,165 | +0.1% |
| Equity | 10/15 | €386,205 | €392,371 | +€6,166 | +1.6% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Revaluation surpluses | 12 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €225,666 | €231,832 | +€6,166 | +2.7% |
| Non-distributable reserves | 130/1 | €4,400 | €4,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,400 | €4,400 | = | 0.0% |
| Distributable reserves | 133 | €221,266 | €227,432 | +€6,166 | +2.8% |
| Profit (loss) carried forward | 14 | -€3,461 | -€3,461 | = | 0.0% |
| Amounts payable | 17/49 | €1,201,762 | €1,196,761 | -€5,001 | -0.4% |
| Amounts payable after more than one year | 17 | €334,092 | €296,413 | -€37,679 | -11.3% |
| Financial debts | 170/4 | €334,092 | €296,413 | -€37,679 | -11.3% |
| Amounts payable within one year | 42/48 | €867,670 | €900,348 | +€32,678 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €36,948 | €37,679 | +€731 | +2.0% |
| Trade debts | 44 | €11,237 | €15,494 | +€4,257 | +37.9% |
| Suppliers | 440/4 | €11,237 | €15,494 | +€4,257 | +37.9% |
| Advances received on contracts in progress | 46 | €50,000 | €39,500 | -€10,500 | -21.0% |
| Taxes, remuneration and social security | 45 | €20,478 | €7,527 | -€12,951 | -63.2% |
| Taxes | 450/3 | €20,478 | €7,527 | -€12,951 | -63.2% |
| Other amounts payable | 47/48 | €749,007 | €800,148 | +€51,141 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,819 | €19,998 | +€9,179 | +84.8% |
| Other operating charges | 640/8 | €250 | €976 | +€726 | +291% |
| Gross operating margin | 9900 | €55,045 | €44,444 | -€10,601 | -19.3% |
| Operating profit (loss) | 9901 | €43,976 | €23,469 | -€20,506 | -46.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €8,436 | €6,827 | -€1,608 | -19.1% |
| Recurring financial charges | 65 | €8,436 | €6,827 | -€1,608 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €35,541 | €16,642 | -€18,899 | -53.2% |
| Income taxes | 67/77 | €12,607 | €10,476 | -€2,131 | -16.9% |
| Profit (loss) for the period | 9904 | €22,934 | €6,166 | -€16,768 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,934 | €6,166 | -€16,768 | -73.1% |
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 6 November 2026 via checked.be.