pingala: 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.
pingala
Largest movements
- Cash -€6,493
down €6,493 (-74.3%), from €8,737 to €2,244
mainly Current portion of long-term debt (-€17,685) and Debts after one year (-€190)
- Tangible fixed assets -€3,990
down €3,990 (-65.3%), from €6,112 to €2,122
- Deferred charges and accrued income -€2,108
down €2,108 (-70.3%), from €3,000 to €892
- Current portion of long-term debt -€17,685
down €17,685 (-100%), from €17,685 to €0
- Trade debts +€3,828
up €3,828 (+69.7%), from €5,495 to €9,323
- Tax, wage and social debts +€873
new in 2025: €873
- Profit (loss) carried forward +€413
up €413 (+0.3%), from -€143,088 to -€142,675
- Debts after one year -€190
down €190 (-0.1%), from €129,868 to €129,678
of which Other amounts payable: -€190
- Gross operating margin -€13,404
down €13,404 (-69.1%), from €19,410 to €6,006
- Other operating charges -€515
down €515 (-42.1%), from €1,224 to €709
- Depreciation -€260
down €260 (-6.1%), from €4,250 to €3,990
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 | €18,020 | €5,258 | -€12,762 | -70.8% |
| Fixed assets | 21/28 | €6,112 | €2,122 | -€3,990 | -65.3% |
| Tangible fixed assets | 22/27 | €6,112 | €2,122 | -€3,990 | -65.3% |
| Furniture and vehicles | 24 | €6,112 | €2,122 | -€3,990 | -65.3% |
| Current assets | 29/58 | €11,908 | €3,136 | -€8,772 | -73.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €171 | €0 | -€171 | -100% |
| Other amounts receivable | 41 | €171 | €0 | -€171 | -100% |
| Cash at bank and in hand | 54/58 | €8,737 | €2,244 | -€6,493 | -74.3% |
| Deferred charges and accrued income | 490/1 | €3,000 | €892 | -€2,108 | -70.3% |
| Total equity and liabilities | 10/49 | €18,020 | €5,258 | -€12,762 | -70.8% |
| Equity | 10/15 | -€135,028 | -€134,615 | +€413 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,088 | -€142,675 | +€413 | +0.3% |
| Amounts payable | 17/49 | €153,048 | €139,873 | -€13,175 | -8.6% |
| Amounts payable after more than one year | 17 | €129,868 | €129,678 | -€190 | -0.1% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €129,868 | €129,678 | -€190 | -0.1% |
| Amounts payable within one year | 42/48 | €23,180 | €10,196 | -€12,985 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €17,685 | €0 | -€17,685 | -100% |
| Trade debts | 44 | €5,495 | €9,323 | +€3,828 | +69.7% |
| Suppliers | 440/4 | €5,495 | €9,323 | +€3,828 | +69.7% |
| Taxes, remuneration and social security | 45 | - | €873 | +€873 | |
| Taxes | 450/3 | - | €873 | +€873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,250 | €3,990 | -€260 | -6.1% |
| Other operating charges | 640/8 | €1,224 | €709 | -€515 | -42.1% |
| Gross operating margin | 9900 | €19,410 | €6,006 | -€13,404 | -69.1% |
| Operating profit (loss) | 9901 | €13,936 | €1,307 | -€12,629 | -90.6% |
| Financial charges | 65/66B | €1,006 | €894 | -€112 | -11.2% |
| Recurring financial charges | 65 | €1,006 | €894 | -€112 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €12,929 | €413 | -€12,516 | -96.8% |
| Profit (loss) for the period | 9904 | €12,929 | €413 | -€12,516 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,929 | €413 | -€12,516 | -96.8% |
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 14 October 2026 via checked.be.