PITAU IMMO: 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.
PITAU IMMO
Largest movements
- Tangible fixed assets -€32,245
down €32,245 (-8.5%), from €377,336 to €345,091
of which Land and buildings: -€20,055
- Cash +€31,622
up €31,622 (+39.9%), from €79,275 to €110,897
mainly Depreciation (+€36,392) and Net result for the year (+€15,270)
- Profit (loss) carried forward +€15,270
up €15,270 (+3.5%), from €433,446 to €448,716
- Current portion of long-term debt -€7,844
no longer reported in 2025 (was €7,844)
- Turnover +€2,454
up €2,454 (+3.1%), from €79,072 to €81,526
- Gross operating margin +€2,019
up €2,019 (+3.7%), from €55,046 to €57,065
- Staff costs -€1,621
down €1,621 (-72.8%), from €2,228 to €607
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 | €588,226 | €595,673 | +€7,447 | +1.3% |
| Fixed assets | 21/28 | €377,336 | €345,091 | -€32,245 | -8.5% |
| Tangible fixed assets | 22/27 | €377,336 | €345,091 | -€32,245 | -8.5% |
| Land and buildings | 22 | €359,211 | €339,156 | -€20,055 | -5.6% |
| Furniture and vehicles | 24 | €18,125 | €5,935 | -€12,190 | -67.3% |
| Current assets | 29/58 | €210,890 | €250,582 | +€39,692 | +18.8% |
| Stocks and contracts in progress | 3 | €131,404 | €134,924 | +€3,520 | +2.7% |
| Stocks | 30/36 | €131,404 | €134,924 | +€3,520 | +2.7% |
| Amounts receivable within one year | 40/41 | €211 | €4,761 | +€4,550 | +2156.4% |
| Trade receivables | 40 | - | €4,706 | +€4,706 | |
| Other amounts receivable | 41 | €211 | €55 | -€156 | -73.9% |
| Cash at bank and in hand | 54/58 | €79,275 | €110,897 | +€31,622 | +39.9% |
| Total equity and liabilities | 10/49 | €588,226 | €595,673 | +€7,447 | +1.3% |
| Equity | 10/15 | €579,952 | €595,222 | +€15,270 | +2.6% |
| Contributions | 10/11 | €132,624 | €132,624 | = | 0.0% |
| Capital | 10 | €132,624 | €132,624 | = | 0.0% |
| Issued capital | 100 | €132,624 | €132,624 | = | 0.0% |
| Reserves | 13 | €13,882 | €13,882 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,262 | €13,262 | = | 0.0% |
| Legal reserve | 130 | €13,262 | €13,262 | = | 0.0% |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €433,446 | €448,716 | +€15,270 | +3.5% |
| Amounts payable | 17/49 | €8,274 | €451 | -€7,823 | -94.5% |
| Amounts payable within one year | 42/48 | €8,274 | €451 | -€7,823 | -94.5% |
| Current portion of amounts payable after more than one year | 42 | €7,844 | - | -€7,844 | |
| Trade debts | 44 | €57 | - | -€57 | |
| Suppliers | 440/4 | €57 | - | -€57 | |
| Taxes, remuneration and social security | 45 | €373 | €451 | +€78 | +20.9% |
| Taxes | 450/3 | €373 | €451 | +€78 | +20.9% |
| Turnover | 70 | €79,072 | €81,526 | +€2,454 | +3.1% |
| Non-recurring operating income | 76A | €5,194 | €5,175 | -€19 | -0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,220 | €29,636 | +€416 | +1.4% |
| Remuneration, social security and pensions | 62 | €2,228 | €607 | -€1,621 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,137 | €36,392 | -€745 | -2.0% |
| Other operating charges | 640/8 | €3,913 | €4,203 | +€290 | +7.4% |
| Gross operating margin | 9900 | €55,046 | €57,065 | +€2,019 | +3.7% |
| Operating profit (loss) | 9901 | €11,768 | €15,863 | +€4,095 | +34.8% |
| Financial charges | 65/66B | €266 | €142 | -€124 | -46.6% |
| Recurring financial charges | 65 | €266 | €142 | -€124 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €11,502 | €15,721 | +€4,219 | +36.7% |
| Income taxes | 67/77 | €373 | €451 | +€78 | +20.9% |
| Profit (loss) for the period | 9904 | €11,129 | €15,270 | +€4,141 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,129 | €15,270 | +€4,141 | +37.2% |
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 7 October 2026 via checked.be.