PYRANA: 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.
PYRANA
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+281%), from €392,840 to €1.5m
- Tangible fixed assets +€35,077
up €35,077 (+5.7%), from €618,843 to €653,920
of which Furniture and vehicles: +€62,143
- Other debts +€1.2m
up €1.2m (+544%), from €222,936 to €1.4m
- Debts after one year -€33,997
down €33,997 (-7.1%), from €480,137 to €446,139
- Gross operating margin +€30,990
up €30,990 (+539%), from €5,745 to €36,735
- Depreciation +€10,024
up €10,024 (+37.1%), from €26,996 to €37,021
- Other operating charges +€3,835
up €3,835 (+74.5%), from €5,146 to €8,981
- Financial charges -€716
down €716 (-8.9%), from €8,066 to €7,350
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 | €1,026,771 | €2,180,510 | +€1.2m | +112% |
| Fixed assets | 21/28 | €618,843 | €653,920 | +€35,077 | +5.7% |
| Tangible fixed assets | 22/27 | €618,843 | €653,920 | +€35,077 | +5.7% |
| Land and buildings | 22 | €618,843 | €591,778 | -€27,065 | -4.4% |
| Furniture and vehicles | 24 | €0 | €62,143 | +€62,143 | |
| Current assets | 29/58 | €407,928 | €1,526,589 | +€1.1m | +274% |
| Stocks and contracts in progress | 3 | €392,840 | €1,497,612 | +€1.1m | +281% |
| Stocks | 30/36 | €392,840 | €1,497,612 | +€1.1m | +281% |
| Cash at bank and in hand | 54/58 | €13,670 | €24,938 | +€11,268 | +82.4% |
| Deferred charges and accrued income | 490/1 | €1,417 | €4,039 | +€2,622 | +185% |
| Total equity and liabilities | 10/49 | €1,026,771 | €2,180,510 | +€1.2m | +112% |
| Equity | 10/15 | €267,495 | €250,816 | -€16,679 | -6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,517 | €21,517 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,657 | €19,657 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,778 | €223,099 | -€16,679 | -7.0% |
| Amounts payable | 17/49 | €759,276 | €1,929,693 | +€1.2m | +154% |
| Amounts payable after more than one year | 17 | €480,137 | €446,139 | -€33,997 | -7.1% |
| Financial debts | 170/4 | €480,137 | €446,139 | -€33,997 | -7.1% |
| Amounts payable within one year | 42/48 | €279,139 | €1,483,554 | +€1.2m | +431% |
| Current portion of amounts payable after more than one year | 42 | €39,522 | €37,062 | -€2,459 | -6.2% |
| Trade debts | 44 | €7,062 | €2,178 | -€4,884 | -69.2% |
| Suppliers | 440/4 | €7,062 | €2,178 | -€4,884 | -69.2% |
| Taxes, remuneration and social security | 45 | €9,620 | €9,682 | +€62 | +0.6% |
| Taxes | 450/3 | €9,620 | €9,682 | +€62 | +0.6% |
| Other amounts payable | 47/48 | €222,936 | €1,434,632 | +€1.2m | +544% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,996 | €37,021 | +€10,024 | +37.1% |
| Other operating charges | 640/8 | €5,146 | €8,981 | +€3,835 | +74.5% |
| Gross operating margin | 9900 | €5,745 | €36,735 | +€30,990 | +539% |
| Operating profit (loss) | 9901 | -€26,397 | -€9,267 | +€17,130 | +64.9% |
| Financial income | 75/76B | €101 | - | -€101 | |
| Recurring financial income | 75 | €101 | - | -€101 | |
| Financial charges | 65/66B | €8,066 | €7,350 | -€716 | -8.9% |
| Recurring financial charges | 65 | €8,066 | €7,350 | -€716 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,362 | -€16,617 | +€17,746 | +51.6% |
| Income taxes | 67/77 | - | €62 | +€62 | |
| Profit (loss) for the period | 9904 | -€34,362 | -€16,679 | +€17,684 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,362 | -€16,679 | +€17,684 | +51.5% |
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 18 October 2026 via checked.be.