PYRINDUS: 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.
PYRINDUS
Largest movements
- Receivables within one year -€20,956
down €20,956 (-30.0%), from €69,833 to €48,878
of which Trade receivables: -€18,366
- Stocks and contracts -€20,821
down €20,821 (-37.0%), from €56,259 to €35,437
- Trade debts -€30,418
down €30,418 (-50.7%), from €59,974 to €29,556
- Profit (loss) carried forward -€12,098
down €12,098 (-974%), from -€1,242 to -€13,340
- Gross operating margin +€7,143
up €7,143 (+14.9%), from €47,869 to €55,013
- Staff costs +€2,232
up €2,232 (+3.5%), from €63,120 to €65,352
- Other operating charges -€637
down €637 (-51.8%), from €1,228 to €592
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 | €140,410 | €98,023 | -€42,387 | -30.2% |
| Fixed assets | 21/28 | €2,133 | €1,503 | -€630 | -29.5% |
| Tangible fixed assets | 22/27 | €692 | €62 | -€630 | -91.0% |
| Furniture and vehicles | 24 | €692 | €62 | -€630 | -91.0% |
| Financial fixed assets | 28 | €1,440 | €1,440 | = | 0.0% |
| Current assets | 29/58 | €138,277 | €96,520 | -€41,757 | -30.2% |
| Stocks and contracts in progress | 3 | €56,259 | €35,437 | -€20,821 | -37.0% |
| Stocks | 30/36 | €56,259 | €35,437 | -€20,821 | -37.0% |
| Amounts receivable within one year | 40/41 | €69,833 | €48,878 | -€20,956 | -30.0% |
| Trade receivables | 40 | €43,265 | €24,899 | -€18,366 | -42.5% |
| Other amounts receivable | 41 | €26,568 | €23,979 | -€2,589 | -9.7% |
| Cash at bank and in hand | 54/58 | €11,551 | €11,550 | -€1 | 0.0% |
| Deferred charges and accrued income | 490/1 | €634 | €655 | +€21 | +3.3% |
| Total equity and liabilities | 10/49 | €140,410 | €98,023 | -€42,387 | -30.2% |
| Equity | 10/15 | €66,408 | €54,310 | -€12,098 | -18.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,242 | -€13,340 | -€12,098 | -974% |
| Amounts payable | 17/49 | €74,002 | €43,713 | -€30,289 | -40.9% |
| Amounts payable within one year | 42/48 | €71,119 | €41,423 | -€29,695 | -41.8% |
| Trade debts | 44 | €59,974 | €29,556 | -€30,418 | -50.7% |
| Suppliers | 440/4 | €59,974 | €29,556 | -€30,418 | -50.7% |
| Taxes, remuneration and social security | 45 | €11,145 | €11,867 | +€722 | +6.5% |
| Taxes | 450/3 | €6,967 | €5,796 | -€1,171 | -16.8% |
| Remuneration and social security | 454/9 | €4,178 | €6,071 | +€1,893 | +45.3% |
| Accrued charges and deferred income | 492/3 | €2,883 | €2,290 | -€594 | -20.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €63,120 | €65,352 | +€2,232 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €630 | €630 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€139 | €0 | +€139 | |
| Other operating charges | 640/8 | €1,228 | €592 | -€637 | -51.8% |
| Gross operating margin | 9900 | €47,869 | €55,013 | +€7,143 | +14.9% |
| Operating profit (loss) | 9901 | -€16,970 | -€11,561 | +€5,409 | +31.9% |
| Financial income | 75/76B | €547 | €257 | -€290 | -53.0% |
| Recurring financial income | 75 | €547 | €257 | -€290 | -53.0% |
| Financial charges | 65/66B | €747 | €794 | +€48 | +6.4% |
| Recurring financial charges | 65 | €747 | €794 | +€48 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,170 | -€12,098 | +€5,071 | +29.5% |
| Profit (loss) for the period | 9904 | -€17,170 | -€12,098 | +€5,071 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,170 | -€12,098 | +€5,071 | +29.5% |
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 15 October 2026 via checked.be.