PITANCE: 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.
PITANCE
Largest movements
- Cash +€43,819
up €43,819 (+19.7%), from €222,932 to €266,752
mainly Net result for the year (+€42,454) and Deferred charges and accrued income (+€6,450)
- Receivables within one year +€7,986
up €7,986 (+10.4%), from €76,490 to €84,476
- Deferred charges and accrued income -€6,450
no longer reported in 2025 (was €6,450)
- Tangible fixed assets -€5,923
down €5,923 (-7.6%), from €78,202 to €72,278
- Profit (loss) carried forward +€42,454
up €42,454 (+20.8%), from €203,807 to €246,260
- Depreciation -€7,080
down €7,080 (-54.4%), from €13,003 to €5,923
- Gross operating margin -€5,186
down €5,186 (-10.3%), from €50,575 to €45,389
- Financial income +€2,324
up €2,324 (+35.2%), from €6,603 to €8,926
of which Financial income: +€2,323
- Other operating charges -€1,225
down €1,225 (-20.1%), from €6,094 to €4,869
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 | €384,321 | €423,754 | +€39,432 | +10.3% |
| Fixed assets | 21/28 | €78,450 | €72,526 | -€5,923 | -7.6% |
| Tangible fixed assets | 22/27 | €78,202 | €72,278 | -€5,923 | -7.6% |
| Land and buildings | 22 | €78,202 | €72,278 | -€5,923 | -7.6% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €305,872 | €351,227 | +€45,356 | +14.8% |
| Amounts receivable within one year | 40/41 | €76,490 | €84,476 | +€7,986 | +10.4% |
| Other amounts receivable | 41 | €76,490 | €84,476 | +€7,986 | +10.4% |
| Cash at bank and in hand | 54/58 | €222,932 | €266,752 | +€43,819 | +19.7% |
| Deferred charges and accrued income | 490/1 | €6,450 | - | -€6,450 | |
| Total equity and liabilities | 10/49 | €384,321 | €423,754 | +€39,432 | +10.3% |
| Equity | 10/15 | €379,771 | €422,225 | +€42,454 | +11.2% |
| Contributions | 10/11 | €147,757 | €147,757 | = | 0.0% |
| Reserves | 13 | €28,208 | €28,208 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €9,458 | €9,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,807 | €246,260 | +€42,454 | +20.8% |
| Amounts payable | 17/49 | €4,550 | €1,529 | -€3,021 | -66.4% |
| Amounts payable within one year | 42/48 | €4,550 | €1,463 | -€3,087 | -67.8% |
| Trade debts | 44 | €4,424 | €1,330 | -€3,095 | -69.9% |
| Suppliers | 440/4 | €4,424 | €1,330 | -€3,095 | -69.9% |
| Taxes, remuneration and social security | 45 | €126 | €134 | +€8 | +6.0% |
| Taxes | 450/3 | €126 | €134 | +€8 | +6.0% |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,003 | €5,923 | -€7,080 | -54.4% |
| Other operating charges | 640/8 | €6,094 | €4,869 | -€1,225 | -20.1% |
| Gross operating margin | 9900 | €50,575 | €45,389 | -€5,186 | -10.3% |
| Operating profit (loss) | 9901 | €31,478 | €34,597 | +€3,120 | +9.9% |
| Financial income | 75/76B | €6,603 | €8,926 | +€2,324 | +35.2% |
| Recurring financial income | 75 | €6,603 | €8,926 | +€2,323 | +35.2% |
| Non-recurring financial income | 76B | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €686 | €743 | +€57 | +8.3% |
| Recurring financial charges | 65 | €568 | €621 | +€54 | +9.4% |
| Non-recurring financial charges | 66B | €118 | €121 | +€3 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €37,395 | €42,781 | +€5,387 | +14.4% |
| Income taxes | 67/77 | €76 | €328 | +€251 | +328% |
| Profit (loss) for the period | 9904 | €37,318 | €42,454 | +€5,136 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,318 | €42,454 | +€5,136 | +13.8% |
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 22 October 2026 via checked.be.