Ping Invest: 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.
Ping Invest
Largest movements
- Receivables within one year +€4.9m
up €4.9m (+23.3%), from €20.9m to €25.7m
- Other debts +€4.8m
up €4.8m (+15.2%), from €31.6m to €36.5m
- Financial income +€18,020
up €18,020 (+17.3%), from €104,284 to €122,305
- Taxes +€7,075
up €7,075 (+32.4%), from €21,850 to €28,926
- Gross operating margin -€4,228
down €4,228 (-50.6%), from -€8,360 to -€12,588
- Other operating charges +€613
up €613 (+136%), from €451 to €1,064
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 | €31,853,792 | €36,745,706 | +€4.9m | +15.4% |
| Fixed assets | 21/28 | €10,562,009 | €10,562,009 | = | 0.0% |
| Financial fixed assets | 28 | €10,562,009 | €10,562,009 | = | 0.0% |
| Current assets | 29/58 | €21,291,783 | €26,183,697 | +€4.9m | +23.0% |
| Amounts receivable after more than one year | 29 | €404,972 | €443,951 | +€38,979 | +9.6% |
| Other amounts receivable | 291 | €404,972 | €443,951 | +€38,979 | +9.6% |
| Amounts receivable within one year | 40/41 | €20,876,937 | €25,738,690 | +€4.9m | +23.3% |
| Other amounts receivable | 41 | €20,876,937 | €25,738,690 | +€4.9m | +23.3% |
| Cash at bank and in hand | 54/58 | €9,874 | €1,055 | -€8,819 | -89.3% |
| Total equity and liabilities | 10/49 | €31,853,792 | €36,745,706 | +€4.9m | +15.4% |
| Equity | 10/15 | €185,551 | €265,012 | +€79,461 | +42.8% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,551 | €145,012 | +€79,461 | +121% |
| Amounts payable | 17/49 | €31,668,241 | €36,480,694 | +€4.8m | +15.2% |
| Amounts payable within one year | 42/48 | €31,668,241 | €36,480,694 | +€4.8m | +15.2% |
| Trade debts | 44 | €1,390 | €1,668 | +€278 | +20.0% |
| Suppliers | 440/4 | €1,390 | €1,668 | +€278 | +20.0% |
| Taxes, remuneration and social security | 45 | €21,850 | €28,926 | +€7,075 | +32.4% |
| Taxes | 450/3 | €21,850 | €28,926 | +€7,075 | +32.4% |
| Other amounts payable | 47/48 | €31,645,000 | €36,450,100 | +€4.8m | +15.2% |
| Other operating charges | 640/8 | €451 | €1,064 | +€613 | +136% |
| Gross operating margin | 9900 | -€8,360 | -€12,588 | -€4,228 | -50.6% |
| Operating profit (loss) | 9901 | -€8,811 | -€13,652 | -€4,841 | -54.9% |
| Financial income | 75/76B | €104,284 | €122,305 | +€18,020 | +17.3% |
| Recurring financial income | 75 | €104,284 | €122,305 | +€18,020 | +17.3% |
| Financial charges | 65/66B | €285 | €266 | -€19 | -6.6% |
| Recurring financial charges | 65 | €285 | €266 | -€19 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €95,188 | €108,387 | +€13,198 | +13.9% |
| Income taxes | 67/77 | €21,850 | €28,926 | +€7,075 | +32.4% |
| Profit (loss) for the period | 9904 | €73,338 | €79,461 | +€6,123 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,338 | €79,461 | +€6,123 | +8.3% |
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 26 October 2026 via checked.be.