PINI.BE: what changed
Two fiscal 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.
PINI.BE
Largest movements
- Cash +€48,787
up €48,787 (+18.4%), from €264,776 to €313,562
mainly Net result for the year (+€77,878) and Other debts (+€25,601)
- Tangible fixed assets +€30,833
up €30,833 (+966.5%), from €3,190 to €34,024
of which Other tangible fixed assets: +€31,560
- Receivables within one year +€21,406
up €21,406 (+93.2%), from €22,960 to €44,366
of which Trade receivables: +€21,189
- Intangible fixed assets -€8,000
down €8,000 (-16.7%), from €48,000 to €40,000
- Profit (loss) carried forward +€77,878
up €77,878 (+69.8%), from €111,536 to €189,414
- Other debts +€25,601
up €25,601 (+20.1%), from €127,271 to €152,872
- Tax, wage and social debts -€14,047
down €14,047 (-15.6%), from €89,975 to €75,928
of which Taxes: -€14,007
- Gross operating margin -€27,176
down €27,176 (-7.4%), from €368,479 to €341,303
- Financial charges +€22,396
up €22,396 (+172.1%), from €13,016 to €35,413
- Staff costs +€21,047
up €21,047 (+13.2%), from €159,540 to €180,588
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,919 | €469,255 | +€93,336 | +24.8% |
| Fixed assets | 21/28 | €73,940 | €96,774 | +€22,833 | +30.9% |
| Intangible fixed assets | 21 | €48,000 | €40,000 | -€8,000 | -16.7% |
| Tangible fixed assets | 22/27 | €3,190 | €34,024 | +€30,833 | +966.5% |
| Plant, machinery and equipment | 23 | €2,763 | €2,291 | -€471 | -17.1% |
| Furniture and vehicles | 24 | €427 | €172 | -€255 | -59.8% |
| Other tangible fixed assets | 26 | - | €31,560 | +€31,560 | |
| Financial fixed assets | 28 | €22,750 | €22,750 | = | 0.0% |
| Current assets | 29/58 | €301,979 | €372,482 | +€70,503 | +23.3% |
| Amounts receivable within one year | 40/41 | €22,960 | €44,366 | +€21,406 | +93.2% |
| Trade receivables | 40 | €22,960 | €44,149 | +€21,189 | +92.3% |
| Other amounts receivable | 41 | - | €217 | +€217 | |
| Cash at bank and in hand | 54/58 | €264,776 | €313,562 | +€48,787 | +18.4% |
| Deferred charges and accrued income | 490/1 | €14,243 | €14,553 | +€310 | +2.2% |
| Total equity and liabilities | 10/49 | €375,919 | €469,255 | +€93,336 | +24.8% |
| Equity | 10/15 | €114,036 | €191,914 | +€77,878 | +68.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,536 | €189,414 | +€77,878 | +69.8% |
| Amounts payable | 17/49 | €261,883 | €277,341 | +€15,458 | +5.9% |
| Amounts payable within one year | 42/48 | €261,883 | €277,341 | +€15,458 | +5.9% |
| Trade debts | 44 | €44,636 | €48,541 | +€3,905 | +8.7% |
| Suppliers | 440/4 | €44,636 | €48,541 | +€3,905 | +8.7% |
| Taxes, remuneration and social security | 45 | €89,975 | €75,928 | -€14,047 | -15.6% |
| Taxes | 450/3 | €69,853 | €55,847 | -€14,007 | -20.1% |
| Remuneration and social security | 454/9 | €20,122 | €20,082 | -€40 | -0.2% |
| Other amounts payable | 47/48 | €127,271 | €152,872 | +€25,601 | +20.1% |
| Remuneration, social security and pensions | 62 | €159,540 | €180,588 | +€21,047 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,758 | €10,488 | +€1,730 | +19.8% |
| Other operating charges | 640/8 | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €368,479 | €341,303 | -€27,176 | -7.4% |
| Operating profit (loss) | 9901 | €200,181 | €149,227 | -€50,953 | -25.5% |
| Financial income | 75/76B | €531 | €46 | -€485 | -91.3% |
| Recurring financial income | 75 | €531 | €46 | -€485 | -91.3% |
| Financial charges | 65/66B | €13,016 | €35,413 | +€22,396 | +172.1% |
| Recurring financial charges | 65 | €13,016 | €35,413 | +€22,396 | +172.1% |
| Profit (loss) for the period before taxes | 9903 | €187,695 | €113,861 | -€73,834 | -39.3% |
| Income taxes | 67/77 | €37,500 | €35,983 | -€1,517 | -4.0% |
| Profit (loss) for the period | 9904 | €150,195 | €77,878 | -€72,317 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €150,195 | €77,878 | -€72,317 | -48.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.