PITON CONSTRUCT: 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.
PITON CONSTRUCT
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+845%), from €160,204 to €1.5m
of which Other amounts receivable: +€924,733
- Stocks and contracts -€703,381
down €703,381 (-21.8%), from €3.2m to €2.5m
- Debts after one year +€909,666
up €909,666 (+145%), from €629,000 to €1.5m
- Other debts -€843,163
down €843,163 (-60.3%), from €1.4m to €555,829
- Tax, wage and social debts +€224,468
up €224,468 (+45,485%), from €494 to €224,961
- Trade debts +€148,525
up €148,525 (+22.0%), from €673,694 to €822,219
- Profit (loss) carried forward +€101,604
up €101,604, from -€85,059 to €16,545
- Gross operating margin +€243,352
up €243,352, from -€70,724 to €172,628
- Financial charges +€23,724
up €23,724 (+59.6%), from €39,818 to €63,543
- Depreciation +€5,211
up €5,211 (+2,084%), from €250 to €5,461
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 | €3,481,852 | €4,127,083 | +€645,231 | +18.5% |
| Fixed assets | 21/28 | €628 | €10,799 | +€10,172 | +1,621% |
| Intangible fixed assets | 21 | €628 | €378 | -€250 | -39.8% |
| Tangible fixed assets | 22/27 | - | €10,422 | +€10,422 | |
| Furniture and vehicles | 24 | - | €10,422 | +€10,422 | |
| Current assets | 29/58 | €3,481,224 | €4,116,284 | +€635,060 | +18.2% |
| Stocks and contracts in progress | 3 | €3,227,278 | €2,523,898 | -€703,381 | -21.8% |
| Stocks | 30/36 | €3,227,278 | €2,523,898 | -€703,381 | -21.8% |
| Amounts receivable within one year | 40/41 | €160,204 | €1,514,440 | +€1.4m | +845% |
| Trade receivables | 40 | €1,452 | €430,955 | +€429,503 | +29,580% |
| Other amounts receivable | 41 | €158,752 | €1,083,485 | +€924,733 | +583% |
| Cash at bank and in hand | 54/58 | €93,055 | €77,253 | -€15,802 | -17.0% |
| Deferred charges and accrued income | 490/1 | €687 | €693 | +€6 | +0.8% |
| Total equity and liabilities | 10/49 | €3,481,852 | €4,127,083 | +€645,231 | +18.5% |
| Equity | 10/15 | -€18,257 | €84,195 | +€102,452 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €5,302 | €6,150 | +€848 | +16.0% |
| Non-distributable reserves | 130/1 | €5,302 | €6,150 | +€848 | +16.0% |
| Legal reserve | 130 | €5,302 | €6,150 | +€848 | +16.0% |
| Profit (loss) carried forward | 14 | -€85,059 | €16,545 | +€101,604 | |
| Amounts payable | 17/49 | €3,500,108 | €4,042,887 | +€542,779 | +15.5% |
| Amounts payable after more than one year | 17 | €629,000 | €1,538,666 | +€909,666 | +145% |
| Financial debts | 170/4 | €629,000 | €1,538,666 | +€909,666 | +145% |
| Amounts payable within one year | 42/48 | €2,868,508 | €2,455,912 | -€412,597 | -14.4% |
| Trade debts | 44 | €673,694 | €822,219 | +€148,525 | +22.0% |
| Suppliers | 440/4 | €673,694 | €822,219 | +€148,525 | +22.0% |
| Advances received on contracts in progress | 46 | €795,330 | €852,903 | +€57,573 | +7.2% |
| Taxes, remuneration and social security | 45 | €494 | €224,961 | +€224,468 | +45,485% |
| Taxes | 450/3 | €494 | €224,961 | +€224,468 | +45,485% |
| Other amounts payable | 47/48 | €1,398,991 | €555,829 | -€843,163 | -60.3% |
| Accrued charges and deferred income | 492/3 | €2,600 | €48,310 | +€45,710 | +1,758% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €5,461 | +€5,211 | +2,084% |
| Other operating charges | 640/8 | €1,258 | €1,293 | +€35 | +2.7% |
| Gross operating margin | 9900 | -€70,724 | €172,628 | +€243,352 | |
| Operating profit (loss) | 9901 | -€72,232 | €165,874 | +€238,106 | |
| Financial income | 75/76B | €242 | €121 | -€121 | -50.2% |
| Recurring financial income | 75 | €242 | €121 | -€121 | -50.2% |
| Financial charges | 65/66B | €39,818 | €63,543 | +€23,724 | +59.6% |
| Recurring financial charges | 65 | €39,818 | €63,543 | +€23,724 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | -€111,808 | €102,452 | +€214,261 | |
| Profit (loss) for the period | 9904 | -€111,808 | €102,452 | +€214,261 | |
| Profit (loss) for the period to be appropriated | 9905 | -€111,808 | €102,452 | +€214,261 |
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 30 October 2026 via checked.be.