V. PIERRE SA: 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.
V. PIERRE SA
Largest movements
- Stocks and contracts -€3,658
down €3,658 (-1.7%), from €214,058 to €210,400
- Receivables within one year -€2,254
down €2,254 (-53.5%), from €4,216 to €1,962
- Tax, wage and social debts -€9,538
down €9,538 (-77.8%), from €12,254 to €2,717
of which Remuneration and social security: -€9,606
- Other debts +€2,762
up €2,762 (+2.0%), from €139,908 to €142,670
- Purchases and services -€55,995
no longer reported in 2025 (was €55,995)
- Turnover -€53,914
no longer reported in 2025 (was €53,914)
- Gross operating margin -€3,405
down €3,405 (-57.7%), from €5,904 to €2,499
- Staff costs -€742
no longer reported in 2025 (was €742)
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 | €220,812 | €215,912 | -€4,900 | -2.2% |
| Current assets | 29/58 | €220,812 | €215,912 | -€4,900 | -2.2% |
| Stocks and contracts in progress | 3 | €214,058 | €210,400 | -€3,658 | -1.7% |
| Stocks | 30/36 | €214,058 | €210,400 | -€3,658 | -1.7% |
| Amounts receivable within one year | 40/41 | €4,216 | €1,962 | -€2,254 | -53.5% |
| Trade receivables | 40 | €4,216 | €1,962 | -€2,254 | -53.5% |
| Cash at bank and in hand | 54/58 | €2,538 | €3,550 | +€1,012 | +39.9% |
| Total equity and liabilities | 10/49 | €220,812 | €215,912 | -€4,900 | -2.2% |
| Equity | 10/15 | €66,452 | €67,424 | +€972 | +1.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,548 | -€42,576 | +€972 | +2.2% |
| Amounts payable | 17/49 | €154,360 | €148,489 | -€5,871 | -3.8% |
| Amounts payable within one year | 42/48 | €154,360 | €148,489 | -€5,871 | -3.8% |
| Trade debts | 44 | €2,197 | €3,102 | +€905 | +41.2% |
| Suppliers | 440/4 | €2,197 | €3,102 | +€905 | +41.2% |
| Taxes, remuneration and social security | 45 | €12,254 | €2,717 | -€9,538 | -77.8% |
| Taxes | 450/3 | €1,871 | €1,939 | +€69 | +3.7% |
| Remuneration and social security | 454/9 | €10,384 | €777 | -€9,606 | -92.5% |
| Other amounts payable | 47/48 | €139,908 | €142,670 | +€2,762 | +2.0% |
| Turnover | 70 | €53,914 | - | -€53,914 | |
| Goods, raw materials, services and sundry goods | 60/61 | €55,995 | - | -€55,995 | |
| Remuneration, social security and pensions | 62 | €742 | - | -€742 | |
| Other operating charges | 640/8 | €1,162 | €1,172 | +€10 | +0.8% |
| Gross operating margin | 9900 | €5,904 | €2,499 | -€3,405 | -57.7% |
| Operating profit (loss) | 9901 | €4,000 | €1,327 | -€2,673 | -66.8% |
| Financial charges | 65/66B | €560 | €124 | -€435 | -77.8% |
| Recurring financial charges | 65 | €560 | €124 | -€435 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €3,440 | €1,202 | -€2,238 | -65.0% |
| Income taxes | 67/77 | €235 | €231 | -€5 | -2.0% |
| Profit (loss) for the period | 9904 | €3,205 | €972 | -€2,233 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,205 | €972 | -€2,233 | -69.7% |
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 10 October 2026 via checked.be.