PINSLR: 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.
PINSLR
Largest movements
- Tangible fixed assets -€10,681
down €10,681 (-19.9%), from €53,805 to €43,124
of which Furniture and vehicles: -€9,983
- Deferred charges and accrued income +€2,279
new in 2025: €2,279
- Receivables within one year +€1,541
up €1,541 (+14.9%), from €10,339 to €11,881
of which Other amounts receivable: +€900
- Debts after one year -€8,708
down €8,708 (-25.2%), from €34,614 to €25,906
- Reserves +€4,355
up €4,355 (+29.7%), from €14,638 to €18,993
- Tax, wage and social debts -€3,894
down €3,894 (-33.1%), from €11,756 to €7,862
- Trade debts +€2,589
up €2,589 (+494.2%), from €524 to €3,113
- Gross operating margin -€6,919
down €6,919 (-27.3%), from €25,357 to €18,438
- Depreciation +€6,826
up €6,826 (+177.1%), from €3,855 to €10,681
- Taxes -€4,623
down €4,623 (-75.5%), from €6,124 to €1,500
- Financial charges +€1,050
up €1,050 (+136.4%), from €770 to €1,819
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 | €81,436 | €75,333 | -€6,103 | -7.5% |
| Fixed assets | 21/28 | €53,805 | €43,124 | -€10,681 | -19.9% |
| Tangible fixed assets | 22/27 | €53,805 | €43,124 | -€10,681 | -19.9% |
| Furniture and vehicles | 24 | €47,359 | €37,376 | -€9,983 | -21.1% |
| Other tangible fixed assets | 26 | €6,446 | €5,748 | -€698 | -10.8% |
| Current assets | 29/58 | €27,631 | €32,209 | +€4,578 | +16.6% |
| Amounts receivable within one year | 40/41 | €10,339 | €11,881 | +€1,541 | +14.9% |
| Trade receivables | 40 | €10,339 | €10,981 | +€641 | +6.2% |
| Other amounts receivable | 41 | - | €900 | +€900 | |
| Cash at bank and in hand | 54/58 | €17,291 | €18,049 | +€757 | +4.4% |
| Deferred charges and accrued income | 490/1 | - | €2,279 | +€2,279 | |
| Total equity and liabilities | 10/49 | €81,436 | €75,333 | -€6,103 | -7.5% |
| Equity | 10/15 | €17,138 | €21,493 | +€4,355 | +25.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,638 | €18,993 | +€4,355 | +29.7% |
| Distributable reserves | 133 | €14,638 | €18,993 | +€4,355 | +29.7% |
| Amounts payable | 17/49 | €64,298 | €53,840 | -€10,458 | -16.3% |
| Amounts payable after more than one year | 17 | €34,614 | €25,906 | -€8,708 | -25.2% |
| Financial debts | 170/4 | €34,614 | €25,906 | -€8,708 | -25.2% |
| Amounts payable within one year | 42/48 | €28,928 | €27,934 | -€994 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €8,352 | €8,708 | +€356 | +4.3% |
| Trade debts | 44 | €524 | €3,113 | +€2,589 | +494.2% |
| Suppliers | 440/4 | €524 | €3,113 | +€2,589 | +494.2% |
| Taxes, remuneration and social security | 45 | €11,756 | €7,862 | -€3,894 | -33.1% |
| Taxes | 450/3 | €11,756 | €7,862 | -€3,894 | -33.1% |
| Other amounts payable | 47/48 | €8,296 | €8,251 | -€44 | -0.5% |
| Accrued charges and deferred income | 492/3 | €756 | - | -€756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,855 | €10,681 | +€6,826 | +177.1% |
| Other operating charges | 640/8 | €50 | €120 | +€70 | +140.0% |
| Gross operating margin | 9900 | €25,357 | €18,438 | -€6,919 | -27.3% |
| Operating profit (loss) | 9901 | €21,453 | €7,637 | -€13,815 | -64.4% |
| Financial income | 75/76B | €78 | €37 | -€41 | -52.5% |
| Recurring financial income | 75 | €78 | €37 | -€41 | -52.5% |
| Financial charges | 65/66B | €770 | €1,819 | +€1,050 | +136.4% |
| Recurring financial charges | 65 | €770 | €1,819 | +€1,050 | +136.4% |
| Profit (loss) for the period before taxes | 9903 | €20,761 | €5,855 | -€14,906 | -71.8% |
| Income taxes | 67/77 | €6,124 | €1,500 | -€4,623 | -75.5% |
| Profit (loss) for the period | 9904 | €14,638 | €4,355 | -€10,283 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,638 | €4,355 | -€10,283 | -70.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.