PYROTECH: 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.
PYROTECH
Largest movements
- Stocks and contracts +€32,522
up €32,522 (+3.3%), from €989,110 to €1.0m
- Profit (loss) carried forward +€50,741
up €50,741 (+5.5%), from €923,608 to €974,349
- Debts after one year -€48,379
down €48,379 (-8.6%), from €560,574 to €512,195
of which Financial debts: -€40,291
- Trade debts -€45,210
down €45,210 (-8.7%), from €516,875 to €471,666
- Tax, wage and social debts +€30,948
up €30,948 (+28.9%), from €107,221 to €138,169
of which Taxes: +€37,153
- Gross operating margin -€100,192
down €100,192 (-10.2%), from €986,274 to €886,082
- Staff costs -€98,703
down €98,703 (-13.3%), from €743,426 to €644,723
- Other operating charges +€22,662
up €22,662 (+59.5%), from €38,072 to €60,734
- Depreciation -€20,289
down €20,289 (-17.4%), from €116,920 to €96,631
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,236,176 | €2,221,103 | -€15,072 | -0.7% |
| Fixed assets | 21/28 | €568,612 | €550,171 | -€18,442 | -3.2% |
| Tangible fixed assets | 22/27 | €566,513 | €548,072 | -€18,442 | -3.3% |
| Land and buildings | 22 | €477,461 | €488,841 | +€11,380 | +2.4% |
| Plant, machinery and equipment | 23 | €38,876 | €15,397 | -€23,479 | -60.4% |
| Furniture and vehicles | 24 | €50,177 | €43,834 | -€6,342 | -12.6% |
| Financial fixed assets | 28 | €2,099 | €2,099 | = | 0.0% |
| Current assets | 29/58 | €1,667,563 | €1,670,932 | +€3,369 | +0.2% |
| Stocks and contracts in progress | 3 | €989,110 | €1,021,632 | +€32,522 | +3.3% |
| Stocks | 30/36 | €989,110 | €1,021,632 | +€32,522 | +3.3% |
| Amounts receivable within one year | 40/41 | €611,707 | €600,313 | -€11,394 | -1.9% |
| Trade receivables | 40 | €611,707 | €599,514 | -€12,193 | -2.0% |
| Other amounts receivable | 41 | - | €799 | +€799 | |
| Cash at bank and in hand | 54/58 | €66,746 | €48,987 | -€17,758 | -26.6% |
| Total equity and liabilities | 10/49 | €2,236,176 | €2,221,103 | -€15,072 | -0.7% |
| Equity | 10/15 | €1,000,467 | €1,051,208 | +€50,741 | +5.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €923,608 | €974,349 | +€50,741 | +5.5% |
| Amounts payable | 17/49 | €1,235,709 | €1,169,895 | -€65,814 | -5.3% |
| Amounts payable after more than one year | 17 | €560,574 | €512,195 | -€48,379 | -8.6% |
| Financial debts | 170/4 | €136,903 | €96,612 | -€40,291 | -29.4% |
| Other amounts payable | 178/9 | €423,671 | €415,583 | -€8,088 | -1.9% |
| Amounts payable within one year | 42/48 | €675,135 | €657,700 | -€17,434 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €51,038 | €47,865 | -€3,173 | -6.2% |
| Trade debts | 44 | €516,875 | €471,666 | -€45,210 | -8.7% |
| Suppliers | 440/4 | €516,875 | €471,666 | -€45,210 | -8.7% |
| Taxes, remuneration and social security | 45 | €107,221 | €138,169 | +€30,948 | +28.9% |
| Taxes | 450/3 | €39,788 | €76,942 | +€37,153 | +93.4% |
| Remuneration and social security | 454/9 | €67,433 | €61,228 | -€6,205 | -9.2% |
| Remuneration, social security and pensions | 62 | €743,426 | €644,723 | -€98,703 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,920 | €96,631 | -€20,289 | -17.4% |
| Other operating charges | 640/8 | €38,072 | €60,734 | +€22,662 | +59.5% |
| Non-recurring operating charges | 66A | €568 | €159 | -€409 | -72.1% |
| Gross operating margin | 9900 | €986,274 | €886,082 | -€100,192 | -10.2% |
| Operating profit (loss) | 9901 | €87,289 | €83,836 | -€3,453 | -4.0% |
| Financial charges | 65/66B | €16,446 | €18,726 | +€2,280 | +13.9% |
| Recurring financial charges | 65 | €16,446 | €18,726 | +€2,280 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €70,843 | €65,109 | -€5,733 | -8.1% |
| Income taxes | 67/77 | €17,774 | €14,368 | -€3,405 | -19.2% |
| Profit (loss) for the period | 9904 | €53,069 | €50,741 | -€2,328 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,069 | €50,741 | -€2,328 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.