PINCHART PATRICK: 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.
PINCHART PATRICK
Largest movements
- Cash +€19,515
up €19,515 (+144.3%), from €13,520 to €33,035
mainly Other debts (+€14,304) and Net result for the year (+€13,021)
- Deferred charges and accrued income +€4,771
up €4,771 (+2900.0%), from €165 to €4,936
- Receivables within one year +€4,516
up €4,516 (+459.7%), from €982 to €5,499
of which Trade receivables: +€3,739
- Tangible fixed assets -€2,845
down €2,845 (-37.6%), from €7,575 to €4,730
of which Furniture and vehicles: -€1,859
- Stocks and contracts -€1,647
down €1,647 (-20.5%), from €8,040 to €6,393
- Other debts +€14,304
up €14,304 (+39.3%), from €36,420 to €50,724
- Profit (loss) carried forward +€13,021
up €13,021 (+43.1%), from -€30,213 to -€17,192
- Trade debts -€2,266
down €2,266 (-71.4%), from €3,175 to €910
- Purchases and services -€44,999
no longer reported in 2025 (was €44,999)
- Gross operating margin +€12,407
up €12,407 (+241.8%), from €5,131 to €17,537
- Depreciation +€1,111
up €1,111 (+64.1%), from €1,734 to €2,845
- Other operating charges -€400
down €400 (-24.9%), from €1,608 to €1,207
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 | €30,433 | €55,243 | +€24,811 | +81.5% |
| Fixed assets | 21/28 | €7,725 | €5,380 | -€2,345 | -30.4% |
| Tangible fixed assets | 22/27 | €7,575 | €4,730 | -€2,845 | -37.6% |
| Plant, machinery and equipment | 23 | €3,232 | €2,246 | -€986 | -30.5% |
| Furniture and vehicles | 24 | €4,343 | €2,484 | -€1,859 | -42.8% |
| Financial fixed assets | 28 | €150 | €650 | +€500 | +333.3% |
| Current assets | 29/58 | €22,708 | €49,863 | +€27,155 | +119.6% |
| Stocks and contracts in progress | 3 | €8,040 | €6,393 | -€1,647 | -20.5% |
| Stocks | 30/36 | €8,040 | €6,393 | -€1,647 | -20.5% |
| Amounts receivable within one year | 40/41 | €982 | €5,499 | +€4,516 | +459.7% |
| Trade receivables | 40 | €559 | €4,298 | +€3,739 | +668.7% |
| Other amounts receivable | 41 | €423 | €1,200 | +€777 | +183.6% |
| Cash at bank and in hand | 54/58 | €13,520 | €33,035 | +€19,515 | +144.3% |
| Deferred charges and accrued income | 490/1 | €165 | €4,936 | +€4,771 | +2900.0% |
| Total equity and liabilities | 10/49 | €30,433 | €55,243 | +€24,811 | +81.5% |
| Equity | 10/15 | -€9,753 | €3,268 | +€13,021 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,213 | -€17,192 | +€13,021 | +43.1% |
| Amounts payable | 17/49 | €40,186 | €51,975 | +€11,789 | +29.3% |
| Amounts payable within one year | 42/48 | €40,186 | €51,975 | +€11,789 | +29.3% |
| Trade debts | 44 | €3,175 | €910 | -€2,266 | -71.4% |
| Suppliers | 440/4 | €3,175 | €910 | -€2,266 | -71.4% |
| Taxes, remuneration and social security | 45 | €591 | €341 | -€249 | -42.2% |
| Taxes | 450/3 | €341 | €341 | +€1 | +0.3% |
| Remuneration and social security | 454/9 | €250 | - | -€250 | |
| Other amounts payable | 47/48 | €36,420 | €50,724 | +€14,304 | +39.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,999 | - | -€44,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,734 | €2,845 | +€1,111 | +64.1% |
| Other operating charges | 640/8 | €1,608 | €1,207 | -€400 | -24.9% |
| Non-recurring operating charges | 66A | €60 | €190 | +€130 | +216.6% |
| Gross operating margin | 9900 | €5,131 | €17,537 | +€12,407 | +241.8% |
| Operating profit (loss) | 9901 | €1,729 | €13,295 | +€11,566 | +668.9% |
| Financial income | 75/76B | €0 | €102 | +€102 | +338600.0% |
| Recurring financial income | 75 | €0 | €102 | +€102 | +338600.0% |
| Financial charges | 65/66B | €108 | €106 | -€2 | -2.0% |
| Recurring financial charges | 65 | €108 | €106 | -€2 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €1,621 | €13,291 | +€11,670 | +719.9% |
| Income taxes | 67/77 | €341 | €270 | -€71 | -20.8% |
| Profit (loss) for the period | 9904 | €1,280 | €13,021 | +€11,741 | +916.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,280 | €13,021 | +€11,741 | +916.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.