pistache & vanille: 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.
pistache & vanille
Largest movements
- Receivables within one year -€295,887
down €295,887 (-74.4%), from €397,948 to €102,062
of which Trade receivables: -€272,173
- Cash +€57,995
up €57,995 (+57.6%), from €100,654 to €158,650
mainly Receivables within one year (+€295,887) and Net result for the year (+€118,613)
- Tangible fixed assets -€16,255
down €16,255 (-2.4%), from €683,308 to €667,053
of which Land and buildings: -€33,516
- Trade debts -€185,967
down €185,967 (-85.9%), from €216,590 to €30,623
- Advances received -€160,228
down €160,228 (-83.1%), from €192,707 to €32,479
- Reserves +€118,613
up €118,613 (+30.7%), from €386,293 to €504,906
of which Distributable reserves: +€119,340
- Tax, wage and social debts +€44,644
up €44,644 (+97.5%), from €45,793 to €90,437
of which Taxes: +€41,609
- Debts after one year -€22,332
down €22,332 (-6.3%), from €353,946 to €331,614
- Gross operating margin +€186,888
up €186,888 (+71.4%), from €261,805 to €448,693
- Taxes +€59,926
up €59,926 (+779%), from €7,691 to €67,617
- Staff costs +€18,595
up €18,595 (+12.6%), from €147,813 to €166,408
- Other operating charges +€5,602
up €5,602 (+43.9%), from €12,763 to €18,365
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 | €1,322,407 | €1,073,093 | -€249,314 | -18.9% |
| Fixed assets | 21/28 | €823,671 | €807,416 | -€16,255 | -2.0% |
| Tangible fixed assets | 22/27 | €683,308 | €667,053 | -€16,255 | -2.4% |
| Land and buildings | 22 | €616,512 | €582,996 | -€33,516 | -5.4% |
| Plant, machinery and equipment | 23 | €24,242 | €24,368 | +€126 | +0.5% |
| Furniture and vehicles | 24 | €42,553 | €26,415 | -€16,139 | -37.9% |
| Leasing and similar rights | 25 | - | €33,274 | +€33,274 | |
| Financial fixed assets | 28 | €140,363 | €140,363 | = | 0.0% |
| Current assets | 29/58 | €498,736 | €265,677 | -€233,059 | -46.7% |
| Stocks and contracts in progress | 3 | €133 | €4,882 | +€4,748 | +3,558% |
| Stocks | 30/36 | €133 | €4,882 | +€4,748 | +3,558% |
| Amounts receivable within one year | 40/41 | €397,948 | €102,062 | -€295,887 | -74.4% |
| Trade receivables | 40 | €302,541 | €30,368 | -€272,173 | -90.0% |
| Other amounts receivable | 41 | €95,407 | €71,693 | -€23,714 | -24.9% |
| Cash at bank and in hand | 54/58 | €100,654 | €158,650 | +€57,995 | +57.6% |
| Deferred charges and accrued income | 490/1 | €0 | €84 | +€84 | |
| Total equity and liabilities | 10/49 | €1,322,407 | €1,073,093 | -€249,314 | -18.9% |
| Equity | 10/15 | €394,978 | €513,590 | +€118,613 | +30.0% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €386,293 | €504,906 | +€118,613 | +30.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,654 | €12,927 | -€727 | -5.3% |
| Distributable reserves | 133 | €370,780 | €490,120 | +€119,340 | +32.2% |
| Provisions and deferred taxes | 16 | €7,024 | €6,649 | -€375 | -5.3% |
| Deferred taxes | 168 | €7,024 | €6,649 | -€375 | -5.3% |
| Amounts payable | 17/49 | €920,405 | €552,853 | -€367,552 | -39.9% |
| Amounts payable after more than one year | 17 | €353,946 | €331,614 | -€22,332 | -6.3% |
| Financial debts | 170/4 | €353,946 | €331,614 | -€22,332 | -6.3% |
| Amounts payable within one year | 42/48 | €553,543 | €221,239 | -€332,304 | -60.0% |
| Current portion of amounts payable after more than one year | 42 | €88,946 | €67,698 | -€21,248 | -23.9% |
| Trade debts | 44 | €216,590 | €30,623 | -€185,967 | -85.9% |
| Suppliers | 440/4 | €216,590 | €30,623 | -€185,967 | -85.9% |
| Advances received on contracts in progress | 46 | €192,707 | €32,479 | -€160,228 | -83.1% |
| Taxes, remuneration and social security | 45 | €45,793 | €90,437 | +€44,644 | +97.5% |
| Taxes | 450/3 | €16,598 | €58,207 | +€41,609 | +251% |
| Remuneration and social security | 454/9 | €29,195 | €32,230 | +€3,035 | +10.4% |
| Other amounts payable | 47/48 | €9,508 | €2 | -€9,505 | -100.0% |
| Accrued charges and deferred income | 492/3 | €12,916 | €0 | -€12,916 | -100% |
| Non-recurring operating income | 76A | €1,410 | €0 | -€1,410 | -100% |
| Remuneration, social security and pensions | 62 | €147,813 | €166,408 | +€18,595 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,701 | €58,595 | +€1,894 | +3.3% |
| Other operating charges | 640/8 | €12,763 | €18,365 | +€5,602 | +43.9% |
| Gross operating margin | 9900 | €261,805 | €448,693 | +€186,888 | +71.4% |
| Operating profit (loss) | 9901 | €44,528 | €205,325 | +€160,796 | +361% |
| Financial income | 75/76B | €18 | €1,402 | +€1,385 | +7,770% |
| Recurring financial income | 75 | €18 | €1,402 | +€1,385 | +7,770% |
| Financial charges | 65/66B | €21,335 | €20,872 | -€463 | -2.2% |
| Recurring financial charges | 65 | €21,335 | €20,872 | -€463 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €23,212 | €185,855 | +€162,644 | +701% |
| Transfer from deferred taxes | 780 | €701 | €375 | -€326 | -46.5% |
| Income taxes | 67/77 | €7,691 | €67,617 | +€59,926 | +779% |
| Profit (loss) for the period | 9904 | €16,221 | €118,613 | +€102,392 | +631% |
| Transfer from tax-exempt reserves | 789 | €1,360 | €727 | -€633 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,581 | €119,340 | +€101,759 | +579% |
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 17 October 2026 via checked.be.