PINKOLIV: 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.
PINKOLIV
Largest movements
- Tangible fixed assets -€1,628
down €1,628 (-17.7%), from €9,212 to €7,584
of which Furniture and vehicles: -€826
- Receivables within one year -€1,278
down €1,278 (-2.8%), from €45,691 to €44,413
of which Trade receivables: -€6,604
- Deferred charges and accrued income +€1,133
up €1,133 (+72.5%), from €1,561 to €2,694
- Cash +€617
up €617 (+115%), from €537 to €1,154
mainly Depreciation (+€3,579) and Receivables within one year (+€1,278)
- Trade debts -€1,483
down €1,483 (-9.8%), from €15,085 to €13,602
- Tax, wage and social debts -€739
down €739 (-26.2%), from €2,824 to €2,085
- Other operating charges +€947
up €947 (+186%), from €509 to €1,456
- Gross operating margin +€721
up €721 (+9.3%), from €7,725 to €8,446
- Financial income +€257
up €257 (+30.8%), from €836 to €1,093
- Taxes -€249
down €249 (-50.1%), from €496 to €247
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.
Derived cash bridge
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 | €59,001 | €57,445 | -€1,556 | -2.6% |
| Fixed assets | 21/28 | €11,212 | €9,184 | -€2,028 | -18.1% |
| Intangible fixed assets | 21 | €2,000 | €1,600 | -€400 | -20.0% |
| Tangible fixed assets | 22/27 | €9,212 | €7,584 | -€1,628 | -17.7% |
| Plant, machinery and equipment | 23 | €414 | €64 | -€351 | -84.7% |
| Furniture and vehicles | 24 | €4,796 | €3,970 | -€826 | -17.2% |
| Other tangible fixed assets | 26 | €4,001 | €3,550 | -€452 | -11.3% |
| Current assets | 29/58 | €47,790 | €48,262 | +€472 | +1.0% |
| Amounts receivable within one year | 40/41 | €45,691 | €44,413 | -€1,278 | -2.8% |
| Trade receivables | 40 | €29,107 | €22,504 | -€6,604 | -22.7% |
| Other amounts receivable | 41 | €16,584 | €21,910 | +€5,326 | +32.1% |
| Cash at bank and in hand | 54/58 | €537 | €1,154 | +€617 | +115% |
| Deferred charges and accrued income | 490/1 | €1,561 | €2,694 | +€1,133 | +72.5% |
| Total equity and liabilities | 10/49 | €59,001 | €57,445 | -€1,556 | -2.6% |
| Equity | 10/15 | €2,677 | €3,002 | +€325 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,923 | -€15,598 | +€325 | +2.0% |
| Amounts payable | 17/49 | €56,324 | €54,443 | -€1,881 | -3.3% |
| Amounts payable within one year | 42/48 | €56,324 | €54,443 | -€1,881 | -3.3% |
| Financial debts | 43 | €38,415 | €38,756 | +€341 | +0.9% |
| Credit institutions | 430/8 | €38,415 | €38,756 | +€341 | +0.9% |
| Trade debts | 44 | €15,085 | €13,602 | -€1,483 | -9.8% |
| Suppliers | 440/4 | €15,085 | €13,602 | -€1,483 | -9.8% |
| Taxes, remuneration and social security | 45 | €2,824 | €2,085 | -€739 | -26.2% |
| Taxes | 450/3 | €2,824 | €2,085 | -€739 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,616 | €3,579 | -€37 | -1.0% |
| Other operating charges | 640/8 | €509 | €1,456 | +€947 | +186% |
| Gross operating margin | 9900 | €7,725 | €8,446 | +€721 | +9.3% |
| Operating profit (loss) | 9901 | €3,601 | €3,411 | -€189 | -5.3% |
| Financial income | 75/76B | €836 | €1,093 | +€257 | +30.8% |
| Recurring financial income | 75 | €836 | €1,093 | +€257 | +30.8% |
| Financial charges | 65/66B | €3,849 | €3,932 | +€83 | +2.2% |
| Recurring financial charges | 65 | €3,849 | €3,932 | +€83 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €587 | €572 | -€15 | -2.6% |
| Income taxes | 67/77 | €496 | €247 | -€249 | -50.1% |
| Profit (loss) for the period | 9904 | €91 | €325 | +€234 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €91 | €325 | +€234 | +256% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.