PIT: 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.
PIT
Largest movements
- Cash +€12,649
up €12,649 (+76.8%), from €16,473 to €29,122
mainly Net result for the year (+€39,536) and Tax, wage and social debts (+€4,688)
- Reserves +€37,800
up €37,800 (+24.8%), from €152,300 to €190,100
- Debts after one year -€26,873
down €26,873 (-57.1%), from €47,062 to €20,189
- Tax, wage and social debts +€4,688
up €4,688 (+54.4%), from €8,616 to €13,305
- Financial charges -€1,849
down €1,849 (-28.9%), from €6,404 to €4,555
- Gross operating margin +€1,736
up €1,736 (+10.9%), from €15,948 to €17,684
- Taxes +€1,459
up €1,459 (+21.5%), from €6,775 to €8,234
- Depreciation -€480
down €480 (-30.1%), from €1,598 to €1,118
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 | €314,147 | €326,032 | +€11,885 | +3.8% |
| Fixed assets | 21/28 | €276,978 | €278,012 | +€1,034 | +0.4% |
| Tangible fixed assets | 22/27 | €919 | €1,953 | +€1,034 | +112.5% |
| Furniture and vehicles | 24 | €919 | €1,953 | +€1,034 | +112.5% |
| Financial fixed assets | 28 | €276,059 | €276,059 | = | 0.0% |
| Current assets | 29/58 | €37,168 | €48,019 | +€10,851 | +29.2% |
| Amounts receivable within one year | 40/41 | €18,424 | €16,335 | -€2,089 | -11.3% |
| Trade receivables | 40 | €15,924 | €16,335 | +€411 | +2.6% |
| Other amounts receivable | 41 | €2,501 | - | -€2,501 | |
| Cash at bank and in hand | 54/58 | €16,473 | €29,122 | +€12,649 | +76.8% |
| Deferred charges and accrued income | 490/1 | €2,272 | €2,562 | +€291 | +12.8% |
| Total equity and liabilities | 10/49 | €314,147 | €326,032 | +€11,885 | +3.8% |
| Equity | 10/15 | €232,415 | €270,285 | +€37,870 | +16.3% |
| Contributions | 10/11 | €80,100 | €80,100 | = | 0.0% |
| Reserves | 13 | €152,300 | €190,100 | +€37,800 | +24.8% |
| Distributable reserves | 133 | €152,300 | €190,100 | +€37,800 | +24.8% |
| Profit (loss) carried forward | 14 | €15 | €85 | +€70 | +475.2% |
| Amounts payable | 17/49 | €81,732 | €55,747 | -€25,985 | -31.8% |
| Amounts payable after more than one year | 17 | €47,062 | €20,189 | -€26,873 | -57.1% |
| Financial debts | 170/4 | €47,062 | €20,189 | -€26,873 | -57.1% |
| Amounts payable within one year | 42/48 | €31,641 | €33,863 | +€2,222 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €16,670 | €16,873 | +€203 | +1.2% |
| Trade debts | 44 | €939 | €388 | -€551 | -58.7% |
| Suppliers | 440/4 | €939 | €388 | -€551 | -58.7% |
| Taxes, remuneration and social security | 45 | €8,616 | €13,305 | +€4,688 | +54.4% |
| Taxes | 450/3 | €8,616 | €13,305 | +€4,688 | +54.4% |
| Other amounts payable | 47/48 | €5,416 | €3,298 | -€2,118 | -39.1% |
| Accrued charges and deferred income | 492/3 | €3,029 | €1,695 | -€1,334 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,598 | €1,118 | -€480 | -30.1% |
| Other operating charges | 640/8 | €377 | €388 | +€11 | +2.8% |
| Gross operating margin | 9900 | €15,948 | €17,684 | +€1,736 | +10.9% |
| Operating profit (loss) | 9901 | €13,973 | €16,178 | +€2,205 | +15.8% |
| Financial income | 75/76B | €36,146 | €36,146 | = | 0.0% |
| Recurring financial income | 75 | €36,146 | €36,146 | = | 0.0% |
| Financial charges | 65/66B | €6,404 | €4,555 | -€1,849 | -28.9% |
| Recurring financial charges | 65 | €6,404 | €4,555 | -€1,849 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €43,715 | €47,770 | +€4,055 | +9.3% |
| Income taxes | 67/77 | €6,775 | €8,234 | +€1,459 | +21.5% |
| Profit (loss) for the period | 9904 | €36,940 | €39,536 | +€2,596 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,940 | €39,536 | +€2,596 | +7.0% |
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 8 October 2026 via checked.be.