PINTO: 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.
PINTO
Largest movements
- Cash -€10,808
down €10,808 (-18.9%), from €57,308 to €46,500
mainly Contributions, distributions and other (-€30,000) and Net result for the year (-€7,933)
- Tangible fixed assets -€6,799
down €6,799 (-52.8%), from €12,867 to €6,068
- Receivables within one year +€1,554
up €1,554 (+37.4%), from €4,157 to €5,711
of which Other amounts receivable: +€1,781
- Reserves -€37,933
down €37,933 (-92.0%), from €41,236 to €3,302
- Other debts +€26,631
up €26,631 (+116%), from €22,870 to €49,501
- Current portion of long-term debt -€4,700
down €4,700 (-100%), from €4,700 to €0
- Gross operating margin -€17,698
down €17,698, from €17,016 to -€681
- Financial charges -€1,088
down €1,088 (-80.6%), from €1,349 to €262
- Financial income +€270
up €270 (+77.7%), from €347 to €617
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 | €75,571 | €59,564 | -€16,007 | -21.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €12,867 | €6,068 | -€6,799 | -52.8% |
| Tangible fixed assets | 22/27 | €12,867 | €6,068 | -€6,799 | -52.8% |
| Furniture and vehicles | 24 | €12,867 | €6,068 | -€6,799 | -52.8% |
| Current assets | 29/58 | €62,704 | €53,496 | -€9,208 | -14.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,157 | €5,711 | +€1,554 | +37.4% |
| Trade receivables | 40 | €3,554 | €3,328 | -€227 | -6.4% |
| Other amounts receivable | 41 | €603 | €2,383 | +€1,781 | +296% |
| Cash at bank and in hand | 54/58 | €57,308 | €46,500 | -€10,808 | -18.9% |
| Deferred charges and accrued income | 490/1 | €1,238 | €1,285 | +€47 | +3.8% |
| Total equity and liabilities | 10/49 | €75,571 | €59,564 | -€16,007 | -21.2% |
| Equity | 10/15 | €43,236 | €5,302 | -€37,933 | -87.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €41,236 | €3,302 | -€37,933 | -92.0% |
| Distributable reserves | 133 | €41,236 | €3,302 | -€37,933 | -92.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,335 | €54,262 | +€21,927 | +67.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,650 | €51,112 | +€22,462 | +78.4% |
| Current portion of amounts payable after more than one year | 42 | €4,700 | €0 | -€4,700 | -100% |
| Trade debts | 44 | €430 | €760 | +€331 | +77.0% |
| Suppliers | 440/4 | €430 | €760 | +€331 | +77.0% |
| Taxes, remuneration and social security | 45 | €650 | €850 | +€200 | +30.7% |
| Taxes | 450/3 | €650 | €850 | +€200 | +30.7% |
| Other amounts payable | 47/48 | €22,870 | €49,501 | +€26,631 | +116% |
| Accrued charges and deferred income | 492/3 | €3,685 | €3,150 | -€535 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,879 | €6,799 | -€80 | -1.2% |
| Other operating charges | 640/8 | €793 | €808 | +€16 | +2.0% |
| Gross operating margin | 9900 | €17,016 | -€681 | -€17,698 | |
| Operating profit (loss) | 9901 | €9,344 | -€8,289 | -€17,633 | |
| Financial income | 75/76B | €347 | €617 | +€270 | +77.7% |
| Recurring financial income | 75 | €347 | €617 | +€270 | +77.7% |
| Financial charges | 65/66B | €1,349 | €262 | -€1,088 | -80.6% |
| Recurring financial charges | 65 | €1,349 | €262 | -€1,088 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €8,342 | -€7,933 | -€16,276 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €8,342 | -€7,933 | -€16,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,342 | -€7,933 | -€16,276 |
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 21 October 2026 via checked.be.