Pyrco: 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.
Pyrco
Largest movements
- Cash +€28,291
up €28,291 (+56.3%), from €50,244 to €78,535
mainly Net result for the year (+€47,290) and Depreciation (+€18,793)
- Tangible fixed assets -€18,793
down €18,793 (-56.6%), from €33,186 to €14,393
- Receivables within one year -€2,749
down €2,749 (-20.6%), from €13,364 to €10,615
of which Other amounts receivable: -€7,921
- Other debts +€15,778
up €15,778 (+40.2%), from €39,208 to €54,986
- Debts after one year -€14,286
down €14,286 (-100%), from €14,286 to €0
- Tax, wage and social debts +€9,017
up €9,017 (+110%), from €8,194 to €17,211
of which Taxes: +€9,017
- Reserves -€2,710
down €2,710 (-19.7%), from €13,783 to €11,073
- Current portion of long-term debt -€1,212
down €1,212 (-7.8%), from €15,498 to €14,286
- Gross operating margin +€28,121
up €28,121 (+52.9%), from €53,171 to €81,292
- Taxes +€6,146
up €6,146 (+86.7%), from €7,086 to €13,232
- Depreciation -€1,181
down €1,181 (-5.9%), from €19,974 to €18,793
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,050 | €104,635 | +€6,585 | +6.7% |
| Fixed assets | 21/28 | €33,226 | €14,433 | -€18,793 | -56.6% |
| Tangible fixed assets | 22/27 | €33,186 | €14,393 | -€18,793 | -56.6% |
| Furniture and vehicles | 24 | €33,186 | €14,393 | -€18,793 | -56.6% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €64,824 | €90,202 | +€25,378 | +39.1% |
| Amounts receivable within one year | 40/41 | €13,364 | €10,615 | -€2,749 | -20.6% |
| Trade receivables | 40 | €4,563 | €9,735 | +€5,172 | +113% |
| Other amounts receivable | 41 | €8,801 | €880 | -€7,921 | -90.0% |
| Cash at bank and in hand | 54/58 | €50,244 | €78,535 | +€28,291 | +56.3% |
| Deferred charges and accrued income | 490/1 | €1,215 | €1,051 | -€164 | -13.5% |
| Total equity and liabilities | 10/49 | €98,050 | €104,635 | +€6,585 | +6.7% |
| Equity | 10/15 | €18,783 | €16,073 | -€2,710 | -14.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,783 | €11,073 | -€2,710 | -19.7% |
| Distributable reserves | 133 | €13,783 | €11,073 | -€2,710 | -19.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,268 | €88,563 | +€9,295 | +11.7% |
| Amounts payable after more than one year | 17 | €14,286 | €0 | -€14,286 | -100% |
| Financial debts | 170/4 | €14,286 | €0 | -€14,286 | -100% |
| Amounts payable within one year | 42/48 | €64,708 | €88,213 | +€23,506 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €15,498 | €14,286 | -€1,212 | -7.8% |
| Trade debts | 44 | €1,808 | €1,731 | -€78 | -4.3% |
| Suppliers | 440/4 | €1,808 | €1,731 | -€78 | -4.3% |
| Taxes, remuneration and social security | 45 | €8,194 | €17,211 | +€9,017 | +110% |
| Taxes | 450/3 | €6,144 | €15,161 | +€9,017 | +147% |
| Remuneration and social security | 454/9 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 47/48 | €39,208 | €54,986 | +€15,778 | +40.2% |
| Accrued charges and deferred income | 492/3 | €273 | €349 | +€76 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,974 | €18,793 | -€1,181 | -5.9% |
| Other operating charges | 640/8 | €1,349 | €1,190 | -€159 | -11.8% |
| Gross operating margin | 9900 | €53,171 | €81,292 | +€28,121 | +52.9% |
| Operating profit (loss) | 9901 | €31,847 | €61,309 | +€29,461 | +92.5% |
| Financial income | 75/76B | €0 | €100 | +€100 | |
| Recurring financial income | 75 | €0 | €100 | +€100 | |
| Financial charges | 65/66B | €580 | €887 | +€307 | +53.0% |
| Recurring financial charges | 65 | €580 | €887 | +€307 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | €31,268 | €60,522 | +€29,254 | +93.6% |
| Income taxes | 67/77 | €7,086 | €13,232 | +€6,146 | +86.7% |
| Profit (loss) for the period | 9904 | €24,181 | €47,290 | +€23,108 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,181 | €47,290 | +€23,108 | +95.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.