PINTO et Co: what changed
PINTO et Co
Largest movements
- Receivables within one year -€16,287
down €16,287 (-62.3%), from €26,123 to €9,836
of which Trade receivables: -€21,897
- Cash +€2,579
up €2,579 (+26.2%), from €9,856 to €12,435
mainly Receivables within one year (+€16,287) and Net result for the year (+€15,967)
- Tangible fixed assets -€1,228
down €1,228 (-20.8%), from €5,892 to €4,664
of which Furniture and vehicles: -€862
- Other debts -€36,061
down €36,061 (-96.9%), from €37,199 to €1,138
- Accrued charges and deferred income -€19,803
no longer reported in 2025 (was €19,803)
- Profit (loss) carried forward +€15,967
up €15,967 (+7.4%), from -€216,833 to -€200,866
- Provisions +€11,000
up €11,000 (+29.2%), from €37,660 to €48,660
- Trade debts +€7,386
up €7,386 (+25.7%), from €28,752 to €36,138
- Financial charges -€322,080
down €322,080 (-99.9%), from €322,431 to €351
of which Non-recurring financial charges: -€321,792
- Gross operating margin -€19,813
down €19,813 (-25.4%), from €77,902 to €58,089
- Purchases and services +€19,484
up €19,484 (+20.9%), from €93,039 to €112,523
- Taxes -€4,780
down €4,780 (-38.9%), from €12,275 to €7,495
- Other operating charges -€4,522
down €4,522 (-64.7%), from €6,985 to €2,463
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,763 | €27,208 | -€15,555 | -36.4% |
| Fixed assets | 21/28 | €6,092 | €4,664 | -€1,428 | -23.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €5,892 | €4,664 | -€1,228 | -20.8% |
| Plant, machinery and equipment | 23 | €686 | €320 | -€366 | -53.4% |
| Furniture and vehicles | 24 | €5,206 | €4,344 | -€862 | -16.6% |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100% |
| Current assets | 29/58 | €36,671 | €22,544 | -€14,127 | -38.5% |
| Amounts receivable within one year | 40/41 | €26,123 | €9,836 | -€16,287 | -62.3% |
| Trade receivables | 40 | €23,788 | €1,891 | -€21,897 | -92.1% |
| Other amounts receivable | 41 | €2,335 | €7,945 | +€5,610 | +240% |
| Cash at bank and in hand | 54/58 | €9,856 | €12,435 | +€2,579 | +26.2% |
| Deferred charges and accrued income | 490/1 | €692 | €273 | -€419 | -60.5% |
| Total equity and liabilities | 10/49 | €42,763 | €27,208 | -€15,555 | -36.4% |
| Equity | 10/15 | -€148,633 | -€132,666 | +€15,967 | +10.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€216,833 | -€200,866 | +€15,967 | +7.4% |
| Provisions and deferred taxes | 16 | €37,660 | €48,660 | +€11,000 | +29.2% |
| Provisions for liabilities and charges | 160/5 | €37,660 | €48,660 | +€11,000 | +29.2% |
| Other liabilities and charges | 164/5 | €37,660 | €48,660 | +€11,000 | +29.2% |
| Amounts payable | 17/49 | €153,736 | €111,214 | -€42,522 | -27.7% |
| Amounts payable within one year | 42/48 | €133,933 | €111,214 | -€22,719 | -17.0% |
| Trade debts | 44 | €28,752 | €36,138 | +€7,386 | +25.7% |
| Suppliers | 440/4 | €28,752 | €36,138 | +€7,386 | +25.7% |
| Advances received on contracts in progress | 46 | €2,742 | €2,743 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €65,240 | €71,195 | +€5,955 | +9.1% |
| Taxes | 450/3 | €65,231 | €71,195 | +€5,964 | +9.1% |
| Remuneration and social security | 454/9 | €9 | - | -€9 | |
| Other amounts payable | 47/48 | €37,199 | €1,138 | -€36,061 | -96.9% |
| Accrued charges and deferred income | 492/3 | €19,803 | - | -€19,803 | |
| Turnover | 70 | €170,940 | €170,612 | -€328 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,039 | €112,523 | +€19,484 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,954 | €1,228 | -€1,726 | -58.4% |
| Other operating charges | 640/8 | €6,985 | €2,463 | -€4,522 | -64.7% |
| Non-recurring operating charges | 66A | €25,000 | €31,000 | +€6,000 | +24.0% |
| Gross operating margin | 9900 | €77,902 | €58,089 | -€19,813 | -25.4% |
| Operating profit (loss) | 9901 | €42,963 | €23,398 | -€19,565 | -45.5% |
| Financial income | 75/76B | - | €415 | +€415 | |
| Recurring financial income | 75 | - | €415 | +€415 | |
| Financial charges | 65/66B | €322,431 | €351 | -€322,080 | -99.9% |
| Recurring financial charges | 65 | €639 | €351 | -€288 | -45.1% |
| Non-recurring financial charges | 66B | €321,792 | - | -€321,792 | |
| Profit (loss) for the period before taxes | 9903 | -€279,468 | €23,462 | +€302,930 | |
| Income taxes | 67/77 | €12,275 | €7,495 | -€4,780 | -38.9% |
| Profit (loss) for the period | 9904 | -€291,743 | €15,967 | +€307,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€291,743 | €15,967 | +€307,710 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.