JORGE PINTO CONSTRUCT: 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.
JORGE PINTO CONSTRUCT
Largest movements
- Receivables within one year -€51,045
down €51,045 (-73.5%), from €69,425 to €18,380
of which Trade receivables: -€48,540
- Cash +€29,127
new in 2025: €29,127
mainly Receivables within one year (+€51,045) and Deferred charges and accrued income (+€13,455)
- Deferred charges and accrued income -€13,455
down €13,455 (-96.9%), from €13,879 to €424
- Receivables after one year +€7,550
up €7,550 (+32.7%), from €23,070 to €30,620
- Tangible fixed assets -€6,691
down €6,691 (-35.8%), from €18,673 to €11,982
of which Furniture and vehicles: -€4,522
- Short-term financial debts -€21,966
no longer reported in 2025 (was €21,966)
- Trade debts -€15,685
down €15,685 (-50.9%), from €30,801 to €15,116
of which Bills of exchange payable: -€9,350
- Profit (loss) carried forward +€6,720
up €6,720 (+18.0%), from €37,317 to €44,038
- Current portion of long-term debt -€3,929
no longer reported in 2025 (was €3,929)
- Gross operating margin -€38,619
down €38,619 (-68.8%), from €56,150 to €17,530
- Staff costs -€35,333
down €35,333, from €34,640 to -€693
- Other operating charges -€1,445
down €1,445 (-64.1%), from €2,254 to €810
- Financial charges -€1,253
down €1,253 (-42.8%), from €2,929 to €1,677
- Taxes -€732
down €732 (-24.3%), from €3,016 to €2,284
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 | €125,047 | €90,533 | -€34,514 | -27.6% |
| Fixed assets | 21/28 | €18,673 | €11,982 | -€6,691 | -35.8% |
| Tangible fixed assets | 22/27 | €18,673 | €11,982 | -€6,691 | -35.8% |
| Plant, machinery and equipment | 23 | €8,239 | €6,070 | -€2,169 | -26.3% |
| Furniture and vehicles | 24 | €10,434 | €5,912 | -€4,522 | -43.3% |
| Current assets | 29/58 | €106,374 | €78,551 | -€27,823 | -26.2% |
| Amounts receivable after more than one year | 29 | €23,070 | €30,620 | +€7,550 | +32.7% |
| Other amounts receivable | 291 | €23,070 | €30,620 | +€7,550 | +32.7% |
| Amounts receivable within one year | 40/41 | €69,425 | €18,380 | -€51,045 | -73.5% |
| Trade receivables | 40 | €63,006 | €14,466 | -€48,540 | -77.0% |
| Other amounts receivable | 41 | €6,419 | €3,914 | -€2,505 | -39.0% |
| Cash at bank and in hand | 54/58 | - | €29,127 | +€29,127 | |
| Deferred charges and accrued income | 490/1 | €13,879 | €424 | -€13,455 | -96.9% |
| Total equity and liabilities | 10/49 | €125,047 | €90,533 | -€34,514 | -27.6% |
| Equity | 10/15 | €45,377 | €52,098 | +€6,720 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,317 | €44,038 | +€6,720 | +18.0% |
| Amounts payable | 17/49 | €79,670 | €38,435 | -€41,234 | -51.8% |
| Amounts payable within one year | 42/48 | €78,995 | €36,935 | -€42,059 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €3,929 | - | -€3,929 | |
| Financial debts | 43 | €21,966 | - | -€21,966 | |
| Credit institutions | 430/8 | €21,966 | - | -€21,966 | |
| Trade debts | 44 | €30,801 | €15,116 | -€15,685 | -50.9% |
| Suppliers | 440/4 | €21,451 | €15,116 | -€6,335 | -29.5% |
| Bills of exchange payable | 441 | €9,350 | - | -€9,350 | |
| Taxes, remuneration and social security | 45 | €11,501 | €11,521 | +€21 | +0.2% |
| Taxes | 450/3 | €7,070 | €6,104 | -€966 | -13.7% |
| Remuneration and social security | 454/9 | €4,431 | €5,418 | +€987 | +22.3% |
| Other amounts payable | 47/48 | €10,798 | €10,299 | -€499 | -4.6% |
| Accrued charges and deferred income | 492/3 | €675 | €1,500 | +€825 | +122.2% |
| Remuneration, social security and pensions | 62 | €34,640 | -€693 | -€35,333 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,198 | €6,691 | -€507 | -7.0% |
| Other operating charges | 640/8 | €2,254 | €810 | -€1,445 | -64.1% |
| Non-recurring operating charges | 66A | - | €44 | +€44 | |
| Gross operating margin | 9900 | €56,150 | €17,530 | -€38,619 | -68.8% |
| Operating profit (loss) | 9901 | €12,057 | €10,678 | -€1,380 | -11.4% |
| Financial income | 75/76B | €88 | €3 | -€85 | -96.7% |
| Recurring financial income | 75 | €88 | €3 | -€85 | -96.7% |
| Financial charges | 65/66B | €2,929 | €1,677 | -€1,253 | -42.8% |
| Recurring financial charges | 65 | €2,929 | €1,677 | -€1,253 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €9,216 | €9,004 | -€212 | -2.3% |
| Income taxes | 67/77 | €3,016 | €2,284 | -€732 | -24.3% |
| Profit (loss) for the period | 9904 | €6,200 | €6,720 | +€520 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,200 | €6,720 | +€520 | +8.4% |
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 3 October 2026 via checked.be.