B&G Pittem: what changed
B&G Pittem
Largest movements
- Intangible fixed assets -€48,288
down €48,288 (-48.0%), from €100,600 to €52,312
- Cash +€37,388
up €37,388 (+116%), from €32,208 to €69,596
mainly Depreciation (+€49,584) and Net result for the year (+€33,557)
- Receivables within one year +€36,872
up €36,872 (+100%), from €36,788 to €73,661
of which Other amounts receivable: +€53,913
- Profit (loss) carried forward +€33,557
up €33,557 (+38.4%), from -€87,384 to -€53,827
- Trade debts -€8,972
no longer reported in 2025 (was €8,972)
- Gross operating margin +€3,407
up €3,407 (+4.2%), from €81,193 to €84,599
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,081 | €197,758 | +€24,677 | +14.3% |
| Fixed assets | 21/28 | €104,084 | €54,501 | -€49,584 | -47.6% |
| Intangible fixed assets | 21 | €100,600 | €52,312 | -€48,288 | -48.0% |
| Tangible fixed assets | 22/27 | €3,485 | €2,189 | -€1,296 | -37.2% |
| Plant, machinery and equipment | 23 | €3,224 | €2,189 | -€1,035 | -32.1% |
| Furniture and vehicles | 24 | €261 | €0 | -€261 | -100% |
| Current assets | 29/58 | €68,996 | €143,257 | +€74,261 | +108% |
| Amounts receivable within one year | 40/41 | €36,788 | €73,661 | +€36,872 | +100% |
| Trade receivables | 40 | €34,704 | €17,664 | -€17,040 | -49.1% |
| Other amounts receivable | 41 | €2,084 | €55,997 | +€53,913 | +2,587% |
| Cash at bank and in hand | 54/58 | €32,208 | €69,596 | +€37,388 | +116% |
| Total equity and liabilities | 10/49 | €173,081 | €197,758 | +€24,677 | +14.3% |
| Equity | 10/15 | €163,728 | €197,285 | +€33,557 | +20.5% |
| Contributions | 10/11 | €246,000 | €246,000 | = | 0.0% |
| Reserves | 13 | €5,112 | €5,112 | = | 0.0% |
| Distributable reserves | 133 | €5,112 | €5,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,384 | -€53,827 | +€33,557 | +38.4% |
| Amounts payable | 17/49 | €9,352 | €473 | -€8,880 | -94.9% |
| Amounts payable within one year | 42/48 | €9,288 | €434 | -€8,854 | -95.3% |
| Trade debts | 44 | €8,972 | - | -€8,972 | |
| Suppliers | 440/4 | €8,972 | - | -€8,972 | |
| Other amounts payable | 47/48 | €315 | €434 | +€118 | +37.6% |
| Accrued charges and deferred income | 492/3 | €65 | €39 | -€26 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,871 | €49,584 | -€287 | -0.6% |
| Other operating charges | 640/8 | €327 | €1,026 | +€699 | +214% |
| Gross operating margin | 9900 | €81,193 | €84,599 | +€3,407 | +4.2% |
| Operating profit (loss) | 9901 | €30,995 | €33,989 | +€2,994 | +9.7% |
| Financial income | 75/76B | €79 | €104 | +€25 | +31.5% |
| Recurring financial income | 75 | €79 | €104 | +€25 | +31.5% |
| Financial charges | 65/66B | €656 | €537 | -€119 | -18.2% |
| Recurring financial charges | 65 | €656 | €537 | -€119 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €30,418 | €33,557 | +€3,139 | +10.3% |
| Profit (loss) for the period | 9904 | €30,418 | €33,557 | +€3,139 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,418 | €33,557 | +€3,139 | +10.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.