Pyrie: 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.
Pyrie
Largest movements
- Tangible fixed assets -€24,751
down €24,751 (-30.3%), from €81,595 to €56,844
of which Plant, machinery and equipment: -€15,764
- Cash -€5,317
down €5,317 (-92.2%), from €5,769 to €453
mainly Net result for the year (-€104,650) and Investment in fixed assets (net) (-€24,246)
- Financial fixed assets -€4,500
down €4,500 (-90.0%), from €5,000 to €500
- Receivables within one year -€3,151
down €3,151 (-22.8%), from €13,813 to €10,662
of which Other amounts receivable: -€6,277
- Profit (loss) carried forward -€104,650
down €104,650 (-16.5%), from -€632,428 to -€737,078
- Other debts +€64,140
up €64,140 (+9.9%), from €648,706 to €712,846
- Trade debts +€3,080
up €3,080 (+73.2%), from €4,209 to €7,289
- Write-downs -€450,000
new in 2024: -€450,000
- Other operating charges +€449,907
up €449,907 (+102880.6%), from €437 to €450,344
- Staff costs -€43,191
no longer reported in 2024 (was €43,191)
- Gross operating margin +€22,455
up €22,455 (+37.6%), from -€59,648 to -€37,192
- Depreciation +€1,278
up €1,278 (+2.4%), from €52,219 to €53,497
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,573 | €72,099 | -€37,474 | -34.2% |
| Fixed assets | 21/28 | €86,595 | €57,344 | -€29,251 | -33.8% |
| Tangible fixed assets | 22/27 | €81,595 | €56,844 | -€24,751 | -30.3% |
| Plant, machinery and equipment | 23 | €58,694 | €42,930 | -€15,764 | -26.9% |
| Furniture and vehicles | 24 | €18,291 | €6,758 | -€11,532 | -63.1% |
| Other tangible fixed assets | 26 | €4,610 | €7,156 | +€2,546 | +55.2% |
| Financial fixed assets | 28 | €5,000 | €500 | -€4,500 | -90.0% |
| Current assets | 29/58 | €22,978 | €14,754 | -€8,223 | -35.8% |
| Amounts receivable within one year | 40/41 | €13,813 | €10,662 | -€3,151 | -22.8% |
| Trade receivables | 40 | €7,536 | €10,662 | +€3,126 | +41.5% |
| Other amounts receivable | 41 | €6,277 | - | -€6,277 | |
| Cash at bank and in hand | 54/58 | €5,769 | €453 | -€5,317 | -92.2% |
| Deferred charges and accrued income | 490/1 | €3,396 | €3,640 | +€244 | +7.2% |
| Total equity and liabilities | 10/49 | €109,573 | €72,099 | -€37,474 | -34.2% |
| Equity | 10/15 | -€545,665 | -€650,315 | -€104,650 | -19.2% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€632,428 | -€737,078 | -€104,650 | -16.5% |
| Amounts payable | 17/49 | €655,238 | €722,413 | +€67,176 | +10.3% |
| Amounts payable within one year | 42/48 | €655,238 | €722,402 | +€67,164 | +10.3% |
| Trade debts | 44 | €4,209 | €7,289 | +€3,080 | +73.2% |
| Suppliers | 440/4 | €4,209 | €7,289 | +€3,080 | +73.2% |
| Taxes, remuneration and social security | 45 | €2,323 | €2,267 | -€56 | -2.4% |
| Taxes | 450/3 | €1,178 | €2,267 | +€1,090 | +92.5% |
| Remuneration and social security | 454/9 | €1,145 | - | -€1,145 | |
| Other amounts payable | 47/48 | €648,706 | €712,846 | +€64,140 | +9.9% |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Remuneration, social security and pensions | 62 | €43,191 | - | -€43,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,219 | €53,497 | +€1,278 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€450,000 | -€450,000 | |
| Other operating charges | 640/8 | €437 | €450,344 | +€449,907 | +102880.6% |
| Non-recurring operating charges | 66A | - | €13,280 | +€13,280 | |
| Gross operating margin | 9900 | -€59,648 | -€37,192 | +€22,455 | +37.6% |
| Operating profit (loss) | 9901 | -€155,495 | -€104,314 | +€51,181 | +32.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €310 | €192 | -€118 | -38.1% |
| Recurring financial charges | 65 | €310 | €192 | -€118 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | -€155,805 | -€104,506 | +€51,299 | +32.9% |
| Income taxes | 67/77 | €164 | €144 | -€20 | -12.3% |
| Profit (loss) for the period | 9904 | -€155,969 | -€104,650 | +€51,319 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,969 | -€104,650 | +€51,319 | +32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.