PINKY: 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.
PINKY
Largest movements
- Receivables within one year +€10,146
up €10,146 (+63.1%), from €16,092 to €26,238
of which Trade receivables: +€19,101
- Cash +€2,562
up €2,562 (+13.9%), from €18,401 to €20,964
mainly Tax, wage and social debts (+€8,992) and Trade debts (+€6,445)
- Tangible fixed assets +€2,196
up €2,196 (+51.7%), from €4,246 to €6,442
- Deferred charges and accrued income +€713
up €713 (+155.9%), from €457 to €1,170
- Tax, wage and social debts +€8,992
up €8,992 (+53.9%), from €16,681 to €25,674
of which Remuneration and social security: +€11,094
- Trade debts +€6,445
up €6,445 (+5.6%), from €114,137 to €120,582
- Other debts -€1,418
down €1,418 (-26.7%), from €5,317 to €3,899
- Advances received +€1,386
up €1,386 (+124.5%), from €1,114 to €2,500
- Staff costs +€34,518
up €34,518 (+52.4%), from €65,836 to €100,354
- Taxes +€5,556
no longer reported in 2025 (was -€5,556)
- Other operating charges +€2,363
up €2,363 (+164.5%), from €1,436 to €3,798
- Gross operating margin +€2,303
up €2,303 (+2.1%), from €112,239 to €114,542
- Depreciation +€1,312
up €1,312 (+70.4%), from €1,865 to €3,177
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 | €40,696 | €56,314 | +€15,618 | +38.4% |
| Fixed assets | 21/28 | €4,246 | €6,442 | +€2,196 | +51.7% |
| Tangible fixed assets | 22/27 | €4,246 | €6,442 | +€2,196 | +51.7% |
| Plant, machinery and equipment | 23 | €4,246 | €6,442 | +€2,196 | +51.7% |
| Current assets | 29/58 | €36,450 | €49,872 | +€13,422 | +36.8% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,092 | €26,238 | +€10,146 | +63.1% |
| Trade receivables | 40 | €6,129 | €25,230 | +€19,101 | +311.7% |
| Other amounts receivable | 41 | €9,963 | €1,008 | -€8,955 | -89.9% |
| Cash at bank and in hand | 54/58 | €18,401 | €20,964 | +€2,562 | +13.9% |
| Deferred charges and accrued income | 490/1 | €457 | €1,170 | +€713 | +155.9% |
| Total equity and liabilities | 10/49 | €40,696 | €56,314 | +€15,618 | +38.4% |
| Equity | 10/15 | -€96,556 | -€96,341 | +€214 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3 | €3 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3 | €3 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3 | €3 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,159 | -€114,945 | +€214 | +0.2% |
| Amounts payable | 17/49 | €137,252 | €152,655 | +€15,403 | +11.2% |
| Amounts payable within one year | 42/48 | €137,252 | €152,655 | +€15,403 | +11.2% |
| Financial debts | 43 | €2 | - | -€2 | |
| Credit institutions | 430/8 | €2 | - | -€2 | |
| Trade debts | 44 | €114,137 | €120,582 | +€6,445 | +5.6% |
| Suppliers | 440/4 | €114,137 | €120,582 | +€6,445 | +5.6% |
| Advances received on contracts in progress | 46 | €1,114 | €2,500 | +€1,386 | +124.5% |
| Taxes, remuneration and social security | 45 | €16,681 | €25,674 | +€8,992 | +53.9% |
| Taxes | 450/3 | €10,204 | €8,103 | -€2,101 | -20.6% |
| Remuneration and social security | 454/9 | €6,477 | €17,571 | +€11,094 | +171.3% |
| Other amounts payable | 47/48 | €5,317 | €3,899 | -€1,418 | -26.7% |
| Remuneration, social security and pensions | 62 | €65,836 | €100,354 | +€34,518 | +52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,865 | €3,177 | +€1,312 | +70.4% |
| Other operating charges | 640/8 | €1,436 | €3,798 | +€2,363 | +164.5% |
| Gross operating margin | 9900 | €112,239 | €114,542 | +€2,303 | +2.1% |
| Operating profit (loss) | 9901 | €43,103 | €7,213 | -€35,890 | -83.3% |
| Financial income | 75/76B | €26 | €1 | -€24 | -94.8% |
| Recurring financial income | 75 | €26 | €1 | -€24 | -94.8% |
| Financial charges | 65/66B | €7,032 | €7,000 | -€32 | -0.5% |
| Recurring financial charges | 65 | €7,032 | €7,000 | -€32 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €36,097 | €214 | -€35,882 | -99.4% |
| Income taxes | 67/77 | -€5,556 | - | +€5,556 | |
| Profit (loss) for the period | 9904 | €41,652 | €214 | -€41,438 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,652 | €214 | -€41,438 | -99.5% |
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 11 October 2026 via checked.be.