PINU: what changed
PINU
Largest movements
- Receivables within one year +€13,758
up €13,758 (+22.9%), from €60,039 to €73,797
of which Trade receivables: +€11,561
- Cash +€3,986
up €3,986 (+14.7%), from €27,099 to €31,085
mainly Trade debts (+€23,698) and Net result for the year (+€6,733)
- Trade debts +€23,698
up €23,698 (+47.5%), from €49,854 to €73,553
- Tax, wage and social debts -€12,688
down €12,688 (-62.0%), from €20,463 to €7,775
of which Remuneration and social security: -€13,200
- Profit (loss) carried forward +€6,733
up €6,733 (+57.0%), from €11,821 to €18,555
- Purchases and services +€73,109
up €73,109 (+28.9%), from €253,322 to €326,431
- Gross operating margin +€1,012
up €1,012 (+17.4%), from €5,816 to €6,828
- Staff costs -€317
no longer reported in 2025 (was €317)
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 | €87,138 | €104,882 | +€17,744 | +20.4% |
| Current assets | 29/58 | €87,138 | €104,882 | +€17,744 | +20.4% |
| Amounts receivable within one year | 40/41 | €60,039 | €73,797 | +€13,758 | +22.9% |
| Trade receivables | 40 | €49,870 | €61,431 | +€11,561 | +23.2% |
| Other amounts receivable | 41 | €10,169 | €12,366 | +€2,197 | +21.6% |
| Cash at bank and in hand | 54/58 | €27,099 | €31,085 | +€3,986 | +14.7% |
| Total equity and liabilities | 10/49 | €87,138 | €104,882 | +€17,744 | +20.4% |
| Equity | 10/15 | €16,821 | €23,555 | +€6,733 | +40.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,821 | €18,555 | +€6,733 | +57.0% |
| Amounts payable | 17/49 | €70,317 | €81,327 | +€11,011 | +15.7% |
| Amounts payable within one year | 42/48 | €70,317 | €81,327 | +€11,011 | +15.7% |
| Trade debts | 44 | €49,854 | €73,553 | +€23,698 | +47.5% |
| Suppliers | 440/4 | €49,854 | €73,553 | +€23,698 | +47.5% |
| Taxes, remuneration and social security | 45 | €20,463 | €7,775 | -€12,688 | -62.0% |
| Taxes | 450/3 | €1,563 | €2,075 | +€512 | +32.8% |
| Remuneration and social security | 454/9 | €18,900 | €5,700 | -€13,200 | -69.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €253,322 | €326,431 | +€73,109 | +28.9% |
| Remuneration, social security and pensions | 62 | €317 | - | -€317 | |
| Gross operating margin | 9900 | €5,816 | €6,828 | +€1,012 | +17.4% |
| Operating profit (loss) | 9901 | €5,498 | €6,828 | +€1,330 | +24.2% |
| Financial charges | 65/66B | €85 | €95 | +€10 | +11.4% |
| Recurring financial charges | 65 | €85 | €95 | +€10 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €5,413 | €6,733 | +€1,320 | +24.4% |
| Profit (loss) for the period | 9904 | €5,413 | €6,733 | +€1,320 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,413 | €6,733 | +€1,320 | +24.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.