PYROSHOP: 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.
What changed
PYROSHOP
NACE 47.789, Other retail sale of new goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.2m-€97,934
Equity
€3.7m
2024 · €2.6m+€1.1m
Cash
€2.5m
2024 · €57,276+€2.5m
Balance sheet total
€4.0m
2024 · €3.1m+€845,714
Largest movements
Assets
- Cash +€2.5m
up €2.5m (+4351.5%), from €57,276 to €2.5m
mainly Current investments (+€1.6m) and Net result for the year (+€1.1m)
- Current investments -€1.6m
down €1.6m (-60.3%), from €2.7m to €1.1m
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+40.9%), from €2.6m to €3.7m
- Other debts -€231,000
no longer reported in 2025 (was €231,000)
Income statement
- Gross operating margin -€103,775
down €103,775 (-5.6%), from €1.9m to €1.8m
- Taxes -€36,575
down €36,575 (-6.7%), from €546,552 to €509,978
- Staff costs +€19,401
up €19,401 (+19.9%), from €97,593 to €116,994
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.
Result 2024
€1.2m
Gross operating margin
-€103,775
Staff costs
-€19,401
Depreciation
+€4,986
Other operating charges
-€3,652
Financial income
-€12,879
Financial charges
+€212
Taxes
+€36,575
Result 2025
€1.1m
Cash bridge derived
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.
From operations
+€900,883
Investment
+€1.6m
Financing
-€50,986
Cash 2024
€57,276
From operations (derived)
+€900,883
Net result for the year
+€1.1m
Depreciation
+€15,144
Stocks and contracts
-€6,805
Receivables within one year
-€4,370
Deferred charges and accrued income
+€214
Trade debts
-€20,670
Tax, wage and social debts
+€28,340
Other debts
-€231,000
Investment (derived)
+€1.6m
Investment in fixed assets (net)
-€6,300
Current investments
+€1.6m
Financing
-€50,986
Contributions, distributions and other
-€50,986
Cash 2025
€2.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,109,199 | €3,954,914 | +€845,714 | +27.2% |
| Fixed assets | 21/28 | €43,979 | €35,136 | -€8,843 | -20.1% |
| Tangible fixed assets | 22/27 | €40,379 | €31,536 | -€8,843 | -21.9% |
| Plant, machinery and equipment | 23 | €2,631 | €4,204 | +€1,573 | +59.8% |
| Furniture and vehicles | 24 | €31,722 | €21,990 | -€9,732 | -30.7% |
| Other tangible fixed assets | 26 | €6,027 | €5,342 | -€684 | -11.4% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €3,065,220 | €3,919,778 | +€854,558 | +27.9% |
| Stocks and contracts in progress | 3 | €1,831 | €8,636 | +€6,805 | +371.7% |
| Stocks | 30/36 | €1,831 | €8,636 | +€6,805 | +371.7% |
| Amounts receivable within one year | 40/41 | €269,414 | €273,783 | +€4,370 | +1.6% |
| Trade receivables | 40 | €258,826 | €267,320 | +€8,494 | +3.3% |
| Other amounts receivable | 41 | €10,588 | €6,464 | -€4,124 | -39.0% |
| Current investments | 50/53 | €2,734,560 | €1,085,756 | -€1.6m | -60.3% |
| Cash at bank and in hand | 54/58 | €57,276 | €2,549,678 | +€2.5m | +4351.5% |
| Deferred charges and accrued income | 490/1 | €2,139 | €1,925 | -€214 | -10.0% |
| Total equity and liabilities | 10/49 | €3,109,199 | €3,954,914 | +€845,714 | +27.2% |
| Equity | 10/15 | €2,634,307 | €3,703,351 | +€1.1m | +40.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €2,611,986 | €3,681,000 | +€1.1m | +40.9% |
| Distributable reserves | 133 | €2,611,986 | €3,681,000 | +€1.1m | +40.9% |
| Profit (loss) carried forward | 14 | €321 | €351 | +€30 | +9.3% |
| Amounts payable | 17/49 | €474,892 | €251,562 | -€223,330 | -47.0% |
| Amounts payable within one year | 42/48 | €474,892 | €251,562 | -€223,330 | -47.0% |
| Trade debts | 44 | €23,146 | €2,476 | -€20,670 | -89.3% |
| Suppliers | 440/4 | €23,146 | €2,476 | -€20,670 | -89.3% |
| Taxes, remuneration and social security | 45 | €220,746 | €249,087 | +€28,340 | +12.8% |
| Taxes | 450/3 | €210,332 | €243,431 | +€33,099 | +15.7% |
| Remuneration and social security | 454/9 | €10,414 | €5,656 | -€4,759 | -45.7% |
| Other amounts payable | 47/48 | €231,000 | - | -€231,000 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €97,593 | €116,994 | +€19,401 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,129 | €15,144 | -€4,986 | -24.8% |
| Other operating charges | 640/8 | €10,486 | €14,138 | +€3,652 | +34.8% |
| Gross operating margin | 9900 | €1,861,679 | €1,757,904 | -€103,775 | -5.6% |
| Operating profit (loss) | 9901 | €1,733,471 | €1,611,629 | -€121,842 | -7.0% |
| Financial income | 75/76B | €33,381 | €20,502 | -€12,879 | -38.6% |
| Recurring financial income | 75 | €33,381 | €20,502 | -€12,879 | -38.6% |
| Financial charges | 65/66B | €2,335 | €2,123 | -€212 | -9.1% |
| Recurring financial charges | 65 | €2,335 | €2,123 | -€212 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €1,764,516 | €1,630,007 | -€134,509 | -7.6% |
| Income taxes | 67/77 | €546,552 | €509,978 | -€36,575 | -6.7% |
| Profit (loss) for the period | 9904 | €1,217,964 | €1,120,030 | -€97,934 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,217,964 | €1,120,030 | -€97,934 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.