PINKH: 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.
PINKH
Largest movements
- Cash +€10,930
up €10,930 (+14.9%), from €73,129 to €84,059
mainly Trade debts (+€8,325) and Other debts (+€6,004)
- Receivables within one year +€3,517
up €3,517 (+5.6%), from €62,887 to €66,404
- Trade debts +€8,325
up €8,325 (+15.1%), from €55,045 to €63,370
- Other debts +€6,004
up €6,004 (+44.8%), from €13,398 to €19,403
- Gross operating margin +€3,900
up €3,900 (+17.6%), from €22,216 to €26,115
- Staff costs +€1,401
up €1,401 (+6.1%), from €22,922 to €24,323
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 | €138,253 | €153,750 | +€15,497 | +11.2% |
| Current assets | 29/58 | €138,253 | €153,750 | +€15,497 | +11.2% |
| Stocks and contracts in progress | 3 | €2,237 | €3,286 | +€1,049 | +46.9% |
| Stocks | 30/36 | €2,237 | €3,286 | +€1,049 | +46.9% |
| Amounts receivable within one year | 40/41 | €62,887 | €66,404 | +€3,517 | +5.6% |
| Trade receivables | 40 | €62,887 | €66,404 | +€3,517 | +5.6% |
| Cash at bank and in hand | 54/58 | €73,129 | €84,059 | +€10,930 | +14.9% |
| Total equity and liabilities | 10/49 | €138,253 | €153,750 | +€15,497 | +11.2% |
| Equity | 10/15 | €68,107 | €69,518 | +€1,410 | +2.1% |
| Contributions | 10/11 | €50,100 | €50,100 | = | 0.0% |
| Reserves | 13 | €5,010 | €5,010 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,010 | €5,010 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,010 | €5,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,997 | €14,408 | +€1,410 | +10.9% |
| Amounts payable | 17/49 | €70,146 | €84,232 | +€14,087 | +20.1% |
| Amounts payable within one year | 42/48 | €70,146 | €84,232 | +€14,087 | +20.1% |
| Trade debts | 44 | €55,045 | €63,370 | +€8,325 | +15.1% |
| Suppliers | 440/4 | €55,045 | €63,370 | +€8,325 | +15.1% |
| Taxes, remuneration and social security | 45 | €1,703 | €1,460 | -€243 | -14.3% |
| Taxes | 450/3 | €1,703 | €1,460 | -€243 | -14.3% |
| Other amounts payable | 47/48 | €13,398 | €19,403 | +€6,004 | +44.8% |
| Remuneration, social security and pensions | 62 | €22,922 | €24,323 | +€1,401 | +6.1% |
| Gross operating margin | 9900 | €22,216 | €26,115 | +€3,900 | +17.6% |
| Operating profit (loss) | 9901 | -€706 | €1,793 | +€2,499 | |
| Financial charges | 65/66B | €115 | €228 | +€113 | +98.3% |
| Recurring financial charges | 65 | €115 | €228 | +€113 | +98.3% |
| Profit (loss) for the period before taxes | 9903 | -€821 | €1,564 | +€2,386 | |
| Income taxes | 67/77 | - | €154 | +€154 | |
| Profit (loss) for the period | 9904 | -€821 | €1,410 | +€2,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€821 | €1,410 | +€2,232 |
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 16 October 2026 via checked.be.