PIMENTO STUDIO: 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.
PIMENTO STUDIO
Largest movements
- Tangible fixed assets +€10,845
new in 2025: €10,845
- Receivables within one year -€2,916
down €2,916 (-16.6%), from €17,565 to €14,649
of which Trade receivables: -€8,837
- Cash -€1,075
down €1,075 (-2.9%), from €37,658 to €36,583
mainly Investment in fixed assets (net) (-€11,418) and Other debts (-€5,348)
- Reserves +€16,517
up €16,517 (+168%), from €9,818 to €26,335
- Other debts -€5,348
no longer reported in 2025 (was €5,348)
- Tax, wage and social debts -€3,151
down €3,151 (-15.5%), from €20,305 to €17,154
of which Taxes: -€4,551
- Trade debts -€2,161
down €2,161 (-66.9%), from €3,231 to €1,070
- Accrued charges and deferred income +€996
up €996 (+12.3%), from €8,104 to €9,099
- Gross operating margin -€6,424
down €6,424 (-19.9%), from €32,251 to €25,827
- Depreciation -€2,971
down €2,971 (-83.8%), from €3,543 to €573
- Financial charges -€1,185
down €1,185 (-74.9%), from €1,581 to €396
- Taxes -€582
down €582 (-7.3%), from €8,004 to €7,421
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 | €56,005 | €62,858 | +€6,853 | +12.2% |
| Fixed assets | 21/28 | €115 | €10,960 | +€10,845 | +9,430% |
| Tangible fixed assets | 22/27 | - | €10,845 | +€10,845 | |
| Other tangible fixed assets | 26 | - | €10,845 | +€10,845 | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €55,890 | €51,898 | -€3,992 | -7.1% |
| Amounts receivable within one year | 40/41 | €17,565 | €14,649 | -€2,916 | -16.6% |
| Trade receivables | 40 | €17,549 | €8,712 | -€8,837 | -50.4% |
| Other amounts receivable | 41 | €16 | €5,937 | +€5,920 | +36,166% |
| Cash at bank and in hand | 54/58 | €37,658 | €36,583 | -€1,075 | -2.9% |
| Deferred charges and accrued income | 490/1 | €666 | €666 | = | 0.0% |
| Total equity and liabilities | 10/49 | €56,005 | €62,858 | +€6,853 | +12.2% |
| Equity | 10/15 | €19,018 | €35,535 | +€16,517 | +86.8% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €9,818 | €26,335 | +€16,517 | +168% |
| Distributable reserves | 133 | €9,818 | €26,335 | +€16,517 | +168% |
| Amounts payable | 17/49 | €36,987 | €27,323 | -€9,664 | -26.1% |
| Amounts payable within one year | 42/48 | €28,883 | €18,224 | -€10,659 | -36.9% |
| Trade debts | 44 | €3,231 | €1,070 | -€2,161 | -66.9% |
| Suppliers | 440/4 | €3,231 | €1,070 | -€2,161 | -66.9% |
| Taxes, remuneration and social security | 45 | €20,305 | €17,154 | -€3,151 | -15.5% |
| Taxes | 450/3 | €20,305 | €15,754 | -€4,551 | -22.4% |
| Remuneration and social security | 454/9 | - | €1,400 | +€1,400 | |
| Other amounts payable | 47/48 | €5,348 | - | -€5,348 | |
| Accrued charges and deferred income | 492/3 | €8,104 | €9,099 | +€996 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €573 | -€2,971 | -83.8% |
| Other operating charges | 640/8 | €872 | €920 | +€49 | +5.6% |
| Gross operating margin | 9900 | €32,251 | €25,827 | -€6,424 | -19.9% |
| Operating profit (loss) | 9901 | €27,836 | €24,334 | -€3,502 | -12.6% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €1,581 | €396 | -€1,185 | -74.9% |
| Recurring financial charges | 65 | €1,581 | €396 | -€1,185 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €26,295 | €23,938 | -€2,357 | -9.0% |
| Income taxes | 67/77 | €8,004 | €7,421 | -€582 | -7.3% |
| Profit (loss) for the period | 9904 | €18,292 | €16,517 | -€1,775 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,292 | €16,517 | -€1,775 | -9.7% |
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 13 October 2026 via checked.be.