Mr Pitta: 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.
Mr Pitta
Largest movements
- Cash -€81,632
down €81,632 (-96.4%), from €84,640 to €3,008
mainly Trade debts (-€40,157) and Debts after one year (-€25,476)
- Receivables within one year +€21,933
up €21,933 (+8.6%), from €254,268 to €276,201
of which Trade receivables: +€37,364
- Tangible fixed assets +€3,776
up €3,776 (+64.9%), from €5,820 to €9,596
of which Furniture and vehicles: +€7,360
- Trade debts -€40,157
down €40,157 (-36.3%), from €110,722 to €70,565
- Debts after one year -€25,476
down €25,476 (-100%), from €25,476 to €0
- Profit (loss) carried forward +€16,178
up €16,178 (+11.0%), from €147,667 to €163,845
- Tax, wage and social debts -€14,402
down €14,402 (-64.0%), from €22,492 to €8,090
of which Taxes: -€14,402
- Short-term financial debts +€8,826
up €8,826 (+948%), from €931 to €9,758
- Gross operating margin +€125,096
up €125,096, from -€66,857 to €58,239
- Staff costs +€26,145
up €26,145, from -€529 to €25,615
- Taxes +€8,589
up €8,589, from €0 to €8,589
- Depreciation -€4,830
down €4,830 (-46.7%), from €10,337 to €5,507
- Other operating charges -€2,679
down €2,679 (-78.1%), from €3,430 to €751
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.
Derived cash bridge
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 | €344,727 | €288,804 | -€55,923 | -16.2% |
| Fixed assets | 21/28 | €5,820 | €9,596 | +€3,776 | +64.9% |
| Tangible fixed assets | 22/27 | €5,820 | €9,596 | +€3,776 | +64.9% |
| Plant, machinery and equipment | 23 | €2,953 | €553 | -€2,400 | -81.3% |
| Furniture and vehicles | 24 | €1,126 | €8,487 | +€7,360 | +653% |
| Other tangible fixed assets | 26 | €1,740 | €556 | -€1,184 | -68.0% |
| Current assets | 29/58 | €338,907 | €279,209 | -€59,699 | -17.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €254,268 | €276,201 | +€21,933 | +8.6% |
| Trade receivables | 40 | €13,452 | €50,816 | +€37,364 | +278% |
| Other amounts receivable | 41 | €240,816 | €225,385 | -€15,431 | -6.4% |
| Cash at bank and in hand | 54/58 | €84,640 | €3,008 | -€81,632 | -96.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €344,727 | €288,804 | -€55,923 | -16.2% |
| Equity | 10/15 | €168,024 | €184,202 | +€16,178 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,757 | €1,757 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,757 | €1,757 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,757 | €1,757 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,667 | €163,845 | +€16,178 | +11.0% |
| Amounts payable | 17/49 | €176,703 | €104,603 | -€72,101 | -40.8% |
| Amounts payable after more than one year | 17 | €25,476 | €0 | -€25,476 | -100% |
| Financial debts | 170/4 | €25,476 | €0 | -€25,476 | -100% |
| Amounts payable within one year | 42/48 | €148,287 | €104,603 | -€43,684 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €12,942 | €16,190 | +€3,248 | +25.1% |
| Financial debts | 43 | €931 | €9,758 | +€8,826 | +948% |
| Credit institutions | 430/8 | €931 | €9,758 | +€8,826 | +948% |
| Trade debts | 44 | €110,722 | €70,565 | -€40,157 | -36.3% |
| Suppliers | 440/4 | €110,722 | €70,565 | -€40,157 | -36.3% |
| Taxes, remuneration and social security | 45 | €22,492 | €8,090 | -€14,402 | -64.0% |
| Taxes | 450/3 | €22,203 | €7,801 | -€14,402 | -64.9% |
| Remuneration and social security | 454/9 | €289 | €289 | = | 0.0% |
| Other amounts payable | 47/48 | €1,200 | €0 | -€1,200 | -100% |
| Accrued charges and deferred income | 492/3 | €2,940 | €0 | -€2,940 | -100% |
| Remuneration, social security and pensions | 62 | -€529 | €25,615 | +€26,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,337 | €5,507 | -€4,830 | -46.7% |
| Other operating charges | 640/8 | €3,430 | €751 | -€2,679 | -78.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€66,857 | €58,239 | +€125,096 | |
| Operating profit (loss) | 9901 | -€80,095 | €26,365 | +€106,460 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,673 | €1,597 | -€75 | -4.5% |
| Recurring financial charges | 65 | €1,673 | €1,597 | -€75 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€81,768 | €24,767 | +€106,535 | |
| Income taxes | 67/77 | €0 | €8,589 | +€8,589 | |
| Profit (loss) for the period | 9904 | -€81,768 | €16,178 | +€97,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€81,768 | €16,178 | +€97,946 |
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 13 October 2026 via checked.be.