PINNACLE: 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.
PINNACLE
Largest movements
- Receivables within one year -€9,981
down €9,981 (-12.7%), from €78,478 to €68,497
of which Other amounts receivable: -€12,184
- Cash +€4,215
up €4,215 (+19.0%), from €22,131 to €26,346
mainly Receivables within one year (+€9,981) and Other debts (+€4,421)
- Profit (loss) carried forward -€10,984
down €10,984 (-13.8%), from €79,626 to €68,642
- Other debts +€4,421
up €4,421 (+45.7%), from €9,685 to €14,106
- Gross operating margin +€13,730
up €13,730 (+51.9%), from -€26,476 to -€12,746
- Financial income -€1,240
down €1,240 (-21.6%), from €5,753 to €4,513
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 | €172,417 | €166,074 | -€6,343 | -3.7% |
| Fixed assets | 21/28 | €1,658 | €1,017 | -€641 | -38.7% |
| Tangible fixed assets | 22/27 | €1,658 | €1,017 | -€641 | -38.7% |
| Land and buildings | 22 | €731 | €637 | -€94 | -12.8% |
| Furniture and vehicles | 24 | €927 | €380 | -€548 | -59.0% |
| Current assets | 29/58 | €170,759 | €165,057 | -€5,702 | -3.3% |
| Amounts receivable within one year | 40/41 | €78,478 | €68,497 | -€9,981 | -12.7% |
| Trade receivables | 40 | €1,210 | €3,413 | +€2,203 | +182.1% |
| Other amounts receivable | 41 | €77,268 | €65,084 | -€12,184 | -15.8% |
| Current investments | 50/53 | €70,000 | €70,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,131 | €26,346 | +€4,215 | +19.0% |
| Deferred charges and accrued income | 490/1 | €150 | €214 | +€65 | +43.2% |
| Total equity and liabilities | 10/49 | €172,417 | €166,074 | -€6,343 | -3.7% |
| Equity | 10/15 | €160,151 | €149,167 | -€10,984 | -6.9% |
| Contributions | 10/11 | €8,670 | €8,670 | = | 0.0% |
| Reserves | 13 | €71,855 | €71,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,000 | €70,000 | = | 0.0% |
| Own shares acquired | 1312 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,626 | €68,642 | -€10,984 | -13.8% |
| Amounts payable | 17/49 | €12,266 | €16,907 | +€4,641 | +37.8% |
| Amounts payable within one year | 42/48 | €12,266 | €16,907 | +€4,641 | +37.8% |
| Trade debts | 44 | €1,951 | €1,332 | -€619 | -31.7% |
| Suppliers | 440/4 | €1,951 | €1,332 | -€619 | -31.7% |
| Taxes, remuneration and social security | 45 | €631 | €1,469 | +€838 | +132.8% |
| Taxes | 450/3 | €631 | €1,469 | +€838 | +132.8% |
| Other amounts payable | 47/48 | €9,685 | €14,106 | +€4,421 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €641 | €641 | = | 0.0% |
| Other operating charges | 640/8 | €1,851 | €1,652 | -€200 | -10.8% |
| Gross operating margin | 9900 | -€26,476 | -€12,746 | +€13,730 | +51.9% |
| Operating profit (loss) | 9901 | -€28,968 | -€15,039 | +€13,929 | +48.1% |
| Financial income | 75/76B | €5,753 | €4,513 | -€1,240 | -21.6% |
| Recurring financial income | 75 | €5,753 | €4,513 | -€1,240 | -21.6% |
| Financial charges | 65/66B | €166 | €23 | -€142 | -85.8% |
| Recurring financial charges | 65 | €166 | €23 | -€142 | -85.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,381 | -€10,549 | +€12,832 | +54.9% |
| Income taxes | 67/77 | €410 | €434 | +€24 | +5.9% |
| Profit (loss) for the period | 9904 | -€23,791 | -€10,984 | +€12,807 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,791 | -€10,984 | +€12,807 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.