PYRUS: 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.
PYRUS
Largest movements
- Tangible fixed assets -€39,333
down €39,333 (-4.7%), from €829,222 to €789,889
- Reserves +€90,506
up €90,506 (+10.4%), from €866,495 to €957,001
of which Distributable reserves: +€90,506
- Current portion of long-term debt -€86,031
down €86,031 (-54.1%), from €159,050 to €73,019
- Debts after one year -€73,019
down €73,019 (-24.7%), from €295,081 to €222,062
- Other debts +€50,200
up €50,200 (+10.9%), from €461,954 to €512,154
- Taxes +€23,139
up €23,139 (+329.1%), from €7,030 to €30,169
- Other operating charges -€20,458
down €20,458 (-68.3%), from €29,950 to €9,492
- Gross operating margin -€20,373
down €20,373 (-10.0%), from €202,921 to €182,548
- Financial charges -€6,919
down €6,919 (-34.3%), from €20,189 to €13,270
- Depreciation +€3,421
up €3,421 (+9.5%), from €35,912 to €39,333
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 | €2,050,579 | €2,020,593 | -€29,986 | -1.5% |
| Fixed assets | 21/28 | €1,929,222 | €1,889,889 | -€39,333 | -2.0% |
| Tangible fixed assets | 22/27 | €829,222 | €789,889 | -€39,333 | -4.7% |
| Land and buildings | 22 | €829,222 | €789,889 | -€39,333 | -4.7% |
| Financial fixed assets | 28 | €1,100,000 | €1,100,000 | = | 0.0% |
| Current assets | 29/58 | €121,357 | €130,704 | +€9,347 | +7.7% |
| Amounts receivable within one year | 40/41 | €114,980 | €117,714 | +€2,733 | +2.4% |
| Trade receivables | 40 | €14,520 | €0 | -€14,520 | -100.0% |
| Other amounts receivable | 41 | €100,460 | €117,714 | +€17,253 | +17.2% |
| Cash at bank and in hand | 54/58 | €1,138 | €7,575 | +€6,437 | +565.9% |
| Deferred charges and accrued income | 490/1 | €5,239 | €5,416 | +€176 | +3.4% |
| Total equity and liabilities | 10/49 | €2,050,579 | €2,020,593 | -€29,986 | -1.5% |
| Equity | 10/15 | €1,116,495 | €1,207,001 | +€90,506 | +8.1% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €866,495 | €957,001 | +€90,506 | +10.4% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €841,495 | €932,001 | +€90,506 | +10.8% |
| Amounts payable | 17/49 | €934,084 | €813,592 | -€120,492 | -12.9% |
| Amounts payable after more than one year | 17 | €295,081 | €222,062 | -€73,019 | -24.7% |
| Financial debts | 170/4 | €295,081 | €222,062 | -€73,019 | -24.7% |
| Amounts payable within one year | 42/48 | €639,004 | €591,531 | -€47,473 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €159,050 | €73,019 | -€86,031 | -54.1% |
| Trade debts | 44 | €17,999 | €6,357 | -€11,642 | -64.7% |
| Suppliers | 440/4 | €17,999 | €6,357 | -€11,642 | -64.7% |
| Other amounts payable | 47/48 | €461,954 | €512,154 | +€50,200 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,912 | €39,333 | +€3,421 | +9.5% |
| Other operating charges | 640/8 | €29,950 | €9,492 | -€20,458 | -68.3% |
| Non-recurring operating charges | 66A | €89,799 | €0 | -€89,799 | -100.0% |
| Gross operating margin | 9900 | €202,921 | €182,548 | -€20,373 | -10.0% |
| Operating profit (loss) | 9901 | €47,259 | €133,723 | +€86,464 | +183.0% |
| Financial income | 75/76B | - | €222 | +€222 | |
| Recurring financial income | 75 | - | €222 | +€222 | |
| Financial charges | 65/66B | €20,189 | €13,270 | -€6,919 | -34.3% |
| Recurring financial charges | 65 | €20,189 | €13,270 | -€6,919 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €27,070 | €120,674 | +€93,604 | +345.8% |
| Income taxes | 67/77 | €7,030 | €30,169 | +€23,139 | +329.1% |
| Profit (loss) for the period | 9904 | €20,040 | €90,506 | +€70,466 | +351.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,040 | €90,506 | +€70,466 | +351.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.