Pingitore Julien: 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.
Pingitore Julien
Largest movements
- Cash +€45,612
up €45,612 (+33.8%), from €135,054 to €180,666
mainly Net result for the year (+€112,093) and Depreciation (+€19,378)
- Receivables within one year +€12,999
up €12,999 (+10.8%), from €120,835 to €133,834
- Reserves +€112,093
up €112,093 (+51.9%), from €216,084 to €328,178
- Tax, wage and social debts -€43,652
down €43,652 (-46.7%), from €93,405 to €49,752
- Debts after one year -€12,647
down €12,647 (-34.4%), from €36,785 to €24,139
- Gross operating margin +€8,861
up €8,861 (+5.4%), from €165,533 to €174,394
- Financial income +€3,642
up €3,642 (+96.6%), from €3,769 to €7,411
- Taxes +€3,426
up €3,426 (+8.0%), from €43,014 to €46,440
- Depreciation +€2,172
up €2,172 (+12.6%), from €17,206 to €19,378
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 | €364,088 | €420,696 | +€56,608 | +15.5% |
| Fixed assets | 21/28 | €63,477 | €65,521 | +€2,043 | +3.2% |
| Tangible fixed assets | 22/27 | €63,477 | €65,521 | +€2,043 | +3.2% |
| Plant, machinery and equipment | 23 | - | €18,600 | +€18,600 | |
| Furniture and vehicles | 24 | €63,477 | €46,921 | -€16,557 | -26.1% |
| Current assets | 29/58 | €300,610 | €355,175 | +€54,565 | +18.2% |
| Amounts receivable within one year | 40/41 | €120,835 | €133,834 | +€12,999 | +10.8% |
| Other amounts receivable | 41 | €120,835 | €133,834 | +€12,999 | +10.8% |
| Cash at bank and in hand | 54/58 | €135,054 | €180,666 | +€45,612 | +33.8% |
| Deferred charges and accrued income | 490/1 | €44,721 | €40,675 | -€4,046 | -9.0% |
| Total equity and liabilities | 10/49 | €364,088 | €420,696 | +€56,608 | +15.5% |
| Equity | 10/15 | €218,084 | €330,178 | +€112,093 | +51.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €216,084 | €328,178 | +€112,093 | +51.9% |
| Distributable reserves | 133 | €216,084 | €328,178 | +€112,093 | +51.9% |
| Amounts payable | 17/49 | €146,003 | €90,518 | -€55,485 | -38.0% |
| Amounts payable after more than one year | 17 | €36,785 | €24,139 | -€12,647 | -34.4% |
| Financial debts | 170/4 | €36,785 | €24,139 | -€12,647 | -34.4% |
| Amounts payable within one year | 42/48 | €109,218 | €66,379 | -€42,838 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €11,876 | €12,647 | +€771 | +6.5% |
| Trade debts | 44 | €3,937 | €3,980 | +€43 | +1.1% |
| Suppliers | 440/4 | €3,937 | €3,980 | +€43 | +1.1% |
| Taxes, remuneration and social security | 45 | €93,405 | €49,752 | -€43,652 | -46.7% |
| Taxes | 450/3 | €93,405 | €49,752 | -€43,652 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,206 | €19,378 | +€2,172 | +12.6% |
| Other operating charges | 640/8 | €101 | €434 | +€333 | +329.8% |
| Gross operating margin | 9900 | €165,533 | €174,394 | +€8,861 | +5.4% |
| Operating profit (loss) | 9901 | €148,226 | €154,582 | +€6,356 | +4.3% |
| Financial income | 75/76B | €3,769 | €7,411 | +€3,642 | +96.6% |
| Recurring financial income | 75 | €3,769 | €7,411 | +€3,642 | +96.6% |
| Financial charges | 65/66B | €4,150 | €3,460 | -€690 | -16.6% |
| Recurring financial charges | 65 | €4,150 | €3,460 | -€690 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €147,846 | €158,533 | +€10,687 | +7.2% |
| Income taxes | 67/77 | €43,014 | €46,440 | +€3,426 | +8.0% |
| Profit (loss) for the period | 9904 | €104,832 | €112,093 | +€7,261 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €104,832 | €112,093 | +€7,261 | +6.9% |
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 10 October 2026 via checked.be.