Pitoshi: 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.
Pitoshi
Largest movements
- Cash +€44,788
up €44,788 (+47,012%), from €95 to €44,884
mainly Accrued charges and deferred income (+€60,000) and Tax, wage and social debts (+€30,902)
- Receivables within one year +€26,661
up €26,661 (+44.9%), from €59,433 to €86,094
of which Trade receivables: +€27,042
- Intangible fixed assets +€4,528
new in 2025: €4,528
- Tangible fixed assets +€1,525
new in 2025: €1,525
- Accrued charges and deferred income +€60,000
new in 2025: €60,000
- Other debts -€33,443
down €33,443 (-77.3%), from €43,236 to €9,793
- Tax, wage and social debts +€30,902
up €30,902 (+690%), from €4,478 to €35,380
- Profit (loss) carried forward +€21,953
up €21,953 (+821%), from €2,672 to €24,625
- Trade debts -€1,698
down €1,698 (-30.1%), from €5,642 to €3,943
- Gross operating margin +€65,660
up €65,660, from -€31,462 to €34,199
- Taxes +€8,043
up €8,043 (+5,248%), from €153 to €8,196
- Financial charges +€2,347
up €2,347 (+3,667%), from €64 to €2,411
- Depreciation +€1,240
new in 2025: €1,240
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 | €59,528 | €137,241 | +€77,713 | +131% |
| Fixed assets | 21/28 | - | €6,263 | +€6,263 | |
| Intangible fixed assets | 21 | - | €4,528 | +€4,528 | |
| Tangible fixed assets | 22/27 | - | €1,525 | +€1,525 | |
| Furniture and vehicles | 24 | - | €1,525 | +€1,525 | |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €59,528 | €130,978 | +€71,449 | +120% |
| Amounts receivable within one year | 40/41 | €59,433 | €86,094 | +€26,661 | +44.9% |
| Trade receivables | 40 | €57,885 | €84,927 | +€27,042 | +46.7% |
| Other amounts receivable | 41 | €1,548 | €1,167 | -€381 | -24.6% |
| Cash at bank and in hand | 54/58 | €95 | €44,884 | +€44,788 | +47,012% |
| Total equity and liabilities | 10/49 | €59,528 | €137,241 | +€77,713 | +131% |
| Equity | 10/15 | €6,172 | €28,125 | +€21,953 | +356% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,672 | €24,625 | +€21,953 | +821% |
| Amounts payable | 17/49 | €53,356 | €109,116 | +€55,760 | +105% |
| Amounts payable within one year | 42/48 | €53,356 | €49,116 | -€4,240 | -7.9% |
| Trade debts | 44 | €5,642 | €3,943 | -€1,698 | -30.1% |
| Suppliers | 440/4 | €5,642 | €3,943 | -€1,698 | -30.1% |
| Taxes, remuneration and social security | 45 | €4,478 | €35,380 | +€30,902 | +690% |
| Taxes | 450/3 | €4,478 | €35,380 | +€30,902 | +690% |
| Other amounts payable | 47/48 | €43,236 | €9,793 | -€33,443 | -77.3% |
| Accrued charges and deferred income | 492/3 | - | €60,000 | +€60,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,240 | +€1,240 | |
| Other operating charges | 640/8 | €455 | €400 | -€56 | -12.2% |
| Gross operating margin | 9900 | -€31,462 | €34,199 | +€65,660 | |
| Operating profit (loss) | 9901 | -€31,917 | €32,559 | +€64,476 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -95.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -95.2% |
| Financial charges | 65/66B | €64 | €2,411 | +€2,347 | +3,667% |
| Recurring financial charges | 65 | €64 | €2,411 | +€2,347 | +3,667% |
| Profit (loss) for the period before taxes | 9903 | -€31,978 | €30,148 | +€62,127 | |
| Income taxes | 67/77 | €153 | €8,196 | +€8,043 | +5,248% |
| Profit (loss) for the period | 9904 | -€32,131 | €21,953 | +€54,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,131 | €21,953 | +€54,084 |
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 23 October 2026 via checked.be.