PINTO THAI: 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 THAI
Largest movements
- Cash -€3,251
down €3,251 (-10.5%), from €30,981 to €27,730
mainly Other debts (-€7,912) and Trade debts (-€2,109)
- Tangible fixed assets -€2,485
down €2,485 (-27.9%), from €8,899 to €6,414
- Other debts -€7,912
down €7,912 (-88.8%), from €8,910 to €998
- Reserves +€7,274
up €7,274 (+48.4%), from €15,023 to €22,297
of which Distributable reserves: +€7,274
- Profit (loss) carried forward -€3,567
no longer reported in 2025 (was €3,567)
- Trade debts -€2,109
down €2,109 (-76.5%), from €2,757 to €649
- Gross operating margin -€5,194
down €5,194 (-30.9%), from €16,832 to €11,639
- Taxes +€1,364
up €1,364 (+40.1%), from €3,398 to €4,762
- Other operating charges -€1,098
down €1,098 (-65.2%), from €1,683 to €585
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 | €45,257 | €38,944 | -€6,313 | -13.9% |
| Fixed assets | 21/28 | €8,899 | €6,414 | -€2,485 | -27.9% |
| Tangible fixed assets | 22/27 | €8,899 | €6,414 | -€2,485 | -27.9% |
| Plant, machinery and equipment | 23 | €8,899 | €6,414 | -€2,485 | -27.9% |
| Current assets | 29/58 | €36,358 | €32,530 | -€3,828 | -10.5% |
| Stocks and contracts in progress | 3 | €3,248 | €2,868 | -€380 | -11.7% |
| Stocks | 30/36 | €3,248 | €2,868 | -€380 | -11.7% |
| Amounts receivable within one year | 40/41 | €2,130 | €1,932 | -€197 | -9.3% |
| Trade receivables | 40 | €386 | €1,577 | +€1,191 | +309% |
| Other amounts receivable | 41 | €1,744 | €356 | -€1,388 | -79.6% |
| Cash at bank and in hand | 54/58 | €30,981 | €27,730 | -€3,251 | -10.5% |
| Total equity and liabilities | 10/49 | €45,257 | €38,944 | -€6,313 | -13.9% |
| Equity | 10/15 | €33,590 | €37,297 | +€3,707 | +11.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €15,023 | €22,297 | +€7,274 | +48.4% |
| Non-distributable reserves | 130/1 | €750 | €750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €750 | €750 | = | 0.0% |
| Distributable reserves | 133 | €14,273 | €21,547 | +€7,274 | +51.0% |
| Profit (loss) carried forward | 14 | €3,567 | - | -€3,567 | |
| Amounts payable | 17/49 | €11,667 | €1,647 | -€10,021 | -85.9% |
| Amounts payable within one year | 42/48 | €11,667 | €1,647 | -€10,021 | -85.9% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,757 | €649 | -€2,109 | -76.5% |
| Suppliers | 440/4 | €2,757 | €649 | -€2,109 | -76.5% |
| Other amounts payable | 47/48 | €8,910 | €998 | -€7,912 | -88.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,367 | €2,485 | +€118 | +5.0% |
| Other operating charges | 640/8 | €1,683 | €585 | -€1,098 | -65.2% |
| Gross operating margin | 9900 | €16,832 | €11,639 | -€5,194 | -30.9% |
| Operating profit (loss) | 9901 | €12,782 | €8,568 | -€4,214 | -33.0% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €92 | €99 | +€6 | +6.9% |
| Recurring financial charges | 65 | €92 | €99 | +€6 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €12,690 | €8,469 | -€4,220 | -33.3% |
| Income taxes | 67/77 | €3,398 | €4,762 | +€1,364 | +40.1% |
| Profit (loss) for the period | 9904 | €9,291 | €3,707 | -€5,584 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,291 | €3,707 | -€5,584 | -60.1% |
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 24 October 2026 via checked.be.