PISTACHE: what changed
Two fiscal 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.
PISTACHE
Largest movements
- Cash +€119,818
up €119,818 (+28.8%), from €415,798 to €535,616
mainly Net result for the year (+€188,927) and Other debts (+€185,333)
- Tangible fixed assets -€46,406
down €46,406 (-51.1%), from €90,758 to €44,352
- Receivables within one year -€25,849
down €25,849 (-39.6%), from €65,339 to €39,490
of which Other amounts receivable: -€29,484
- Intangible fixed assets -€15,000
down €15,000 (-15.3%), from €97,973 to €82,973
- Other debts +€185,333
new in 2025: €185,333
- Profit (loss) carried forward -€105,573
down €105,573 (-27.4%), from €385,919 to €280,346
- Reserves -€50,000
down €50,000 (-29.4%), from €170,000 to €120,000
- Debts after one year -€11,180
down €11,180 (-30.8%), from €36,335 to €25,155
- Gross operating margin +€14,076
up €14,076 (+2.2%), from €645,689 to €659,765
- Staff costs +€12,552
up €12,552 (+3.9%), from €320,546 to €333,098
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 | €681,102 | €711,890 | +€30,788 | +4.5% |
| Fixed assets | 21/28 | €188,730 | €127,324 | -€61,406 | -32.5% |
| Intangible fixed assets | 21 | €97,973 | €82,973 | -€15,000 | -15.3% |
| Tangible fixed assets | 22/27 | €90,758 | €44,352 | -€46,406 | -51.1% |
| Plant, machinery and equipment | 23 | €90,758 | €44,352 | -€46,406 | -51.1% |
| Current assets | 29/58 | €492,372 | €584,566 | +€92,194 | +18.7% |
| Stocks and contracts in progress | 3 | €7,218 | €6,981 | -€237 | -3.3% |
| Stocks | 30/36 | €7,218 | €6,981 | -€237 | -3.3% |
| Amounts receivable within one year | 40/41 | €65,339 | €39,490 | -€25,849 | -39.6% |
| Trade receivables | 40 | €10,925 | €14,559 | +€3,634 | +33.3% |
| Other amounts receivable | 41 | €54,414 | €24,931 | -€29,484 | -54.2% |
| Cash at bank and in hand | 54/58 | €415,798 | €535,616 | +€119,818 | +28.8% |
| Deferred charges and accrued income | 490/1 | €4,017 | €2,479 | -€1,538 | -38.3% |
| Total equity and liabilities | 10/49 | €681,102 | €711,890 | +€30,788 | +4.5% |
| Equity | 10/15 | €560,919 | €405,346 | -€155,573 | -27.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €170,000 | €120,000 | -€50,000 | -29.4% |
| Distributable reserves | 133 | €170,000 | €120,000 | -€50,000 | -29.4% |
| Profit (loss) carried forward | 14 | €385,919 | €280,346 | -€105,573 | -27.4% |
| Amounts payable | 17/49 | €120,183 | €306,544 | +€186,361 | +155.1% |
| Amounts payable after more than one year | 17 | €36,335 | €25,155 | -€11,180 | -30.8% |
| Financial debts | 170/4 | €36,335 | €25,155 | -€11,180 | -30.8% |
| Amounts payable within one year | 42/48 | €83,847 | €280,569 | +€196,721 | +234.6% |
| Current portion of amounts payable after more than one year | 42 | €15,431 | €11,180 | -€4,251 | -27.5% |
| Trade debts | 44 | €47,622 | €53,321 | +€5,699 | +12.0% |
| Suppliers | 440/4 | €47,622 | €53,321 | +€5,699 | +12.0% |
| Advances received on contracts in progress | 46 | - | €7,058 | +€7,058 | |
| Taxes, remuneration and social security | 45 | €20,794 | €23,676 | +€2,882 | +13.9% |
| Taxes | 450/3 | €15,070 | €15,124 | +€54 | +0.4% |
| Remuneration and social security | 454/9 | €5,724 | €8,552 | +€2,828 | +49.4% |
| Other amounts payable | 47/48 | - | €185,333 | +€185,333 | |
| Accrued charges and deferred income | 492/3 | - | €820 | +€820 | |
| Remuneration, social security and pensions | 62 | €320,546 | €333,098 | +€12,552 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,670 | €64,497 | +€827 | +1.3% |
| Other operating charges | 640/8 | €4,998 | €6,965 | +€1,967 | +39.4% |
| Gross operating margin | 9900 | €645,689 | €659,765 | +€14,076 | +2.2% |
| Operating profit (loss) | 9901 | €256,475 | €255,206 | -€1,270 | -0.5% |
| Financial income | 75/76B | €1,014 | €1,026 | +€12 | +1.2% |
| Recurring financial income | 75 | €1,014 | €1,026 | +€12 | +1.2% |
| Financial charges | 65/66B | €5,874 | €10,740 | +€4,867 | +82.9% |
| Recurring financial charges | 65 | €5,874 | €10,740 | +€4,867 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | €251,615 | €245,492 | -€6,124 | -2.4% |
| Income taxes | 67/77 | €58,505 | €56,564 | -€1,941 | -3.3% |
| Profit (loss) for the period | 9904 | €193,110 | €188,927 | -€4,183 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €193,110 | €188,927 | -€4,183 | -2.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.