PINGU CONSTRUCT: 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.
PINGU CONSTRUCT
Largest movements
- Receivables within one year +€18,897
up €18,897 (+51.1%), from €36,966 to €55,863
of which Other amounts receivable: +€29,139
- Tangible fixed assets -€2,072
down €2,072 (-63.1%), from €3,284 to €1,212
- Cash +€1,808
up €1,808 (+75.8%), from €2,385 to €4,193
mainly Contributions, distributions and other (+€9,000) and Trade debts (+€4,368)
- Contributions +€9,000
up €9,000 (+900%), from €1,000 to €10,000
- Trade debts +€4,368
up €4,368 (+315%), from €1,385 to €5,753
- Profit (loss) carried forward +€3,370
up €3,370 (+12.4%), from €27,153 to €30,522
- Other debts +€2,582
up €2,582 (+86.8%), from €2,975 to €5,557
- Tax, wage and social debts -€660
down €660 (-6.2%), from €10,566 to €9,906
- Purchases and services +€40,487
up €40,487 (+27.3%), from €148,184 to €188,671
- Turnover +€27,788
up €27,788 (+16.4%), from €169,847 to €197,635
- Gross operating margin -€12,235
down €12,235 (-48.0%), from €25,511 to €13,277
- Taxes -€2,172
down €2,172 (-36.0%), from €6,039 to €3,867
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 | €43,079 | €61,738 | +€18,659 | +43.3% |
| Fixed assets | 21/28 | €3,284 | €1,212 | -€2,072 | -63.1% |
| Tangible fixed assets | 22/27 | €3,284 | €1,212 | -€2,072 | -63.1% |
| Furniture and vehicles | 24 | €3,284 | €1,212 | -€2,072 | -63.1% |
| Current assets | 29/58 | €39,795 | €60,526 | +€20,732 | +52.1% |
| Amounts receivable within one year | 40/41 | €36,966 | €55,863 | +€18,897 | +51.1% |
| Trade receivables | 40 | €21,450 | €11,208 | -€10,242 | -47.7% |
| Other amounts receivable | 41 | €15,517 | €44,655 | +€29,139 | +188% |
| Cash at bank and in hand | 54/58 | €2,385 | €4,193 | +€1,808 | +75.8% |
| Deferred charges and accrued income | 490/1 | €443 | €469 | +€26 | +5.9% |
| Total equity and liabilities | 10/49 | €43,079 | €61,738 | +€18,659 | +43.3% |
| Equity | 10/15 | €28,153 | €40,522 | +€12,370 | +43.9% |
| Contributions | 10/11 | €1,000 | €10,000 | +€9,000 | +900% |
| Profit (loss) carried forward | 14 | €27,153 | €30,522 | +€3,370 | +12.4% |
| Amounts payable | 17/49 | €14,926 | €21,216 | +€6,289 | +42.1% |
| Amounts payable within one year | 42/48 | €14,926 | €21,216 | +€6,289 | +42.1% |
| Trade debts | 44 | €1,385 | €5,753 | +€4,368 | +315% |
| Suppliers | 440/4 | €1,385 | €5,753 | +€4,368 | +315% |
| Taxes, remuneration and social security | 45 | €10,566 | €9,906 | -€660 | -6.2% |
| Taxes | 450/3 | €10,566 | €9,906 | -€660 | -6.2% |
| Other amounts payable | 47/48 | €2,975 | €5,557 | +€2,582 | +86.8% |
| Turnover | 70 | €169,847 | €197,635 | +€27,788 | +16.4% |
| Non-recurring operating income | 76A | €3,849 | - | -€3,849 | |
| Goods, raw materials, services and sundry goods | 60/61 | €148,184 | €188,671 | +€40,487 | +27.3% |
| Remuneration, social security and pensions | 62 | €663 | €1,086 | +€423 | +63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,072 | €2,072 | = | 0.0% |
| Other operating charges | 640/8 | €1,544 | €1,626 | +€82 | +5.3% |
| Gross operating margin | 9900 | €25,511 | €13,277 | -€12,235 | -48.0% |
| Operating profit (loss) | 9901 | €21,232 | €8,492 | -€12,740 | -60.0% |
| Financial income | 75/76B | €399 | €1,366 | +€967 | +242% |
| Recurring financial income | 75 | €399 | €1,366 | +€967 | +242% |
| Financial charges | 65/66B | €2,603 | €2,621 | +€17 | +0.7% |
| Recurring financial charges | 65 | €2,603 | €2,621 | +€17 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €19,028 | €7,237 | -€11,791 | -62.0% |
| Income taxes | 67/77 | €6,039 | €3,867 | -€2,172 | -36.0% |
| Profit (loss) for the period | 9904 | €12,989 | €3,370 | -€9,619 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,989 | €3,370 | -€9,619 | -74.1% |
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 25 October 2026 via checked.be.