Pignus Consulting: 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.
Pignus Consulting
Largest movements
- Cash +€132,751
up €132,751 (+77.7%), from €170,853 to €303,604
mainly Net result for the year (+€95,155) and Current investments (+€30,000)
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Receivables within one year -€3,766
down €3,766 (-14.5%), from €26,051 to €22,285
of which Other amounts receivable: -€3,245
- Reserves +€95,100
up €95,100 (+46.4%), from €205,150 to €300,250
- Tax, wage and social debts +€9,975
up €9,975 (+76.2%), from €13,094 to €23,069
- Other debts -€6,900
no longer reported in 2025 (was €6,900)
- Gross operating margin +€12,410
up €12,410 (+10.1%), from €123,390 to €135,800
- Taxes +€9,178
up €9,178 (+29.8%), from €30,826 to €40,004
- Financial income +€1,770
up €1,770 (+827.1%), from €214 to €1,984
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 | €232,430 | €330,481 | +€98,051 | +42.2% |
| Fixed assets | 21/28 | €2,623 | €1,754 | -€869 | -33.1% |
| Tangible fixed assets | 22/27 | €2,623 | €1,754 | -€869 | -33.1% |
| Plant, machinery and equipment | 23 | €1,090 | €727 | -€363 | -33.3% |
| Furniture and vehicles | 24 | €1,532 | €1,027 | -€506 | -33.0% |
| Current assets | 29/58 | €229,807 | €328,727 | +€98,920 | +43.0% |
| Amounts receivable within one year | 40/41 | €26,051 | €22,285 | -€3,766 | -14.5% |
| Trade receivables | 40 | €18,549 | €18,029 | -€520 | -2.8% |
| Other amounts receivable | 41 | €7,501 | €4,256 | -€3,245 | -43.3% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €170,853 | €303,604 | +€132,751 | +77.7% |
| Deferred charges and accrued income | 490/1 | €2,904 | €2,838 | -€65 | -2.2% |
| Total equity and liabilities | 10/49 | €232,430 | €330,481 | +€98,051 | +42.2% |
| Equity | 10/15 | €210,159 | €305,313 | +€95,155 | +45.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €205,150 | €300,250 | +€95,100 | +46.4% |
| Distributable reserves | 133 | €205,150 | €300,250 | +€95,100 | +46.4% |
| Profit (loss) carried forward | 14 | €9 | €63 | +€55 | +635.0% |
| Amounts payable | 17/49 | €22,271 | €25,167 | +€2,896 | +13.0% |
| Amounts payable within one year | 42/48 | €22,271 | €25,167 | +€2,896 | +13.0% |
| Trade debts | 44 | €2,277 | €2,098 | -€179 | -7.9% |
| Suppliers | 440/4 | €2,277 | €2,098 | -€179 | -7.9% |
| Taxes, remuneration and social security | 45 | €13,094 | €23,069 | +€9,975 | +76.2% |
| Taxes | 450/3 | €13,094 | €23,069 | +€9,975 | +76.2% |
| Other amounts payable | 47/48 | €6,900 | - | -€6,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,345 | €869 | -€476 | -35.4% |
| Other operating charges | 640/8 | €619 | €1,435 | +€817 | +132.0% |
| Gross operating margin | 9900 | €123,390 | €135,800 | +€12,410 | +10.1% |
| Operating profit (loss) | 9901 | €121,427 | €133,496 | +€12,069 | +9.9% |
| Financial income | 75/76B | €214 | €1,984 | +€1,770 | +827.1% |
| Recurring financial income | 75 | €214 | €1,984 | +€1,770 | +827.1% |
| Financial charges | 65/66B | €522 | €321 | -€201 | -38.5% |
| Recurring financial charges | 65 | €522 | €321 | -€201 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €121,118 | €135,158 | +€14,040 | +11.6% |
| Income taxes | 67/77 | €30,826 | €40,004 | +€9,178 | +29.8% |
| Profit (loss) for the period | 9904 | €90,293 | €95,155 | +€4,862 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,293 | €95,155 | +€4,862 | +5.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.