Pintohold: 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.
Pintohold
Largest movements
- Cash -€317,456
down €317,456 (-61.9%), from €512,952 to €195,496
mainly Debts after one year (-€2.5m) and Current investments (-€287,756)
- Current investments +€287,756
up €287,756 (+111.1%), from €258,931 to €546,687
- Reserves +€2.6m
up €2.6m (+25.7%), from €10.1m to €12.6m
of which Distributable reserves: +€2.3m
- Debts after one year -€2.5m
down €2.5m (-19.7%), from €12.7m to €10.2m
- Financial income +€1.7m
up €1.7m (+106.8%), from €1.6m to €3.4m
- Financial charges -€88,281
down €88,281 (-10.2%), from €861,638 to €773,357
- Gross operating margin -€11,687
down €11,687 (-464.6%), from -€2,515 to -€14,203
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 | €28,067,943 | €28,043,982 | -€23,961 | -0.1% |
| Fixed assets | 21/28 | €27,197,240 | €27,157,477 | -€39,762 | -0.1% |
| Intangible fixed assets | 21 | €318,100 | €278,337 | -€39,762 | -12.5% |
| Financial fixed assets | 28 | €26,879,140 | €26,879,140 | = | 0.0% |
| Current assets | 29/58 | €870,704 | €886,505 | +€15,801 | +1.8% |
| Amounts receivable within one year | 40/41 | €98,821 | €143,383 | +€44,562 | +45.1% |
| Trade receivables | 40 | €72,575 | €143,288 | +€70,713 | +97.4% |
| Other amounts receivable | 41 | €26,246 | €95 | -€26,151 | -99.6% |
| Current investments | 50/53 | €258,931 | €546,687 | +€287,756 | +111.1% |
| Cash at bank and in hand | 54/58 | €512,952 | €195,496 | -€317,456 | -61.9% |
| Deferred charges and accrued income | 490/1 | - | €939 | +€939 | |
| Total equity and liabilities | 10/49 | €28,067,943 | €28,043,982 | -€23,961 | -0.1% |
| Equity | 10/15 | €14,462,422 | €16,983,974 | +€2.5m | +17.4% |
| Contributions | 10/11 | €4,326,150 | €4,326,150 | = | 0.0% |
| Reserves | 13 | €10,058,931 | €12,646,687 | +€2.6m | +25.7% |
| Non-distributable reserves | 130/1 | €258,931 | €546,687 | +€287,756 | +111.1% |
| Own shares acquired | 1312 | €258,931 | €546,687 | +€287,756 | +111.1% |
| Distributable reserves | 133 | €9,800,000 | €12,100,000 | +€2.3m | +23.5% |
| Profit (loss) carried forward | 14 | €77,341 | €11,137 | -€66,205 | -85.6% |
| Amounts payable | 17/49 | €13,605,521 | €11,060,008 | -€2.5m | -18.7% |
| Amounts payable after more than one year | 17 | €12,651,648 | €10,156,886 | -€2.5m | -19.7% |
| Financial debts | 170/4 | €12,651,648 | €10,156,886 | -€2.5m | -19.7% |
| Amounts payable within one year | 42/48 | €519,707 | €480,088 | -€39,619 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €446,428 | €446,428 | = | 0.0% |
| Trade debts | 44 | €73,279 | €33,514 | -€39,765 | -54.3% |
| Suppliers | 440/4 | €73,279 | €33,514 | -€39,765 | -54.3% |
| Taxes, remuneration and social security | 45 | €0 | €146 | +€146 | |
| Taxes | 450/3 | €0 | €146 | +€146 | |
| Accrued charges and deferred income | 492/3 | €434,166 | €423,035 | -€11,131 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,762 | €39,762 | = | 0.0% |
| Other operating charges | 640/8 | €1,096 | €1,126 | +€31 | +2.8% |
| Gross operating margin | 9900 | -€2,515 | -€14,203 | -€11,687 | -464.6% |
| Operating profit (loss) | 9901 | -€43,373 | -€55,091 | -€11,718 | -27.0% |
| Financial income | 75/76B | €1,620,000 | €3,350,000 | +€1.7m | +106.8% |
| Recurring financial income | 75 | €1,620,000 | €3,350,000 | +€1.7m | +106.8% |
| Financial charges | 65/66B | €861,638 | €773,357 | -€88,281 | -10.2% |
| Recurring financial charges | 65 | €861,638 | €773,357 | -€88,281 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €714,989 | €2,521,551 | +€1.8m | +252.7% |
| Profit (loss) for the period | 9904 | €714,989 | €2,521,551 | +€1.8m | +252.7% |
| Profit (loss) for the period to be appropriated | 9905 | €714,989 | €2,521,551 | +€1.8m | +252.7% |
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 12 October 2026 via checked.be.