PITTA KEKO: 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.
PITTA KEKO
Largest movements
- Tangible fixed assets +€23,182
up €23,182 (+275%), from €8,418 to €31,600
of which Furniture and vehicles: +€23,182
- Receivables within one year +€19,211
up €19,211 (+25.7%), from €74,739 to €93,950
of which Other amounts receivable: +€26,758
- Reserves +€31,000
up €31,000 (+59.4%), from €52,200 to €83,200
- Debts after one year +€15,423
new in 2025: €15,423
- Tax, wage and social debts -€11,076
down €11,076 (-56.9%), from €19,456 to €8,380
of which Taxes: -€8,887
- Other debts -€8,000
no longer reported in 2025 (was €8,000)
- Current portion of long-term debt +€7,749
new in 2025: €7,749
- Gross operating margin +€28,125
up €28,125 (+103%), from €27,384 to €55,509
- Staff costs +€11,822
up €11,822 (+121%), from €9,800 to €21,622
- Taxes -€4,759
down €4,759 (-98.4%), from €4,838 to €79
- Other operating charges -€2,809
down €2,809 (-70.6%), from €3,976 to €1,167
- Depreciation -€1,579
no longer reported in 2025 (was €1,579)
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 | €94,082 | €135,603 | +€41,521 | +44.1% |
| Fixed assets | 21/28 | €8,418 | €31,600 | +€23,182 | +275% |
| Tangible fixed assets | 22/27 | €8,418 | €31,600 | +€23,182 | +275% |
| Plant, machinery and equipment | 23 | €8,418 | €8,418 | = | 0.0% |
| Furniture and vehicles | 24 | - | €23,182 | +€23,182 | |
| Current assets | 29/58 | €85,664 | €104,003 | +€18,339 | +21.4% |
| Stocks and contracts in progress | 3 | €5,813 | €6,103 | +€290 | +5.0% |
| Stocks | 30/36 | €5,813 | €6,103 | +€290 | +5.0% |
| Amounts receivable within one year | 40/41 | €74,739 | €93,950 | +€19,211 | +25.7% |
| Trade receivables | 40 | €7,547 | - | -€7,547 | |
| Other amounts receivable | 41 | €67,192 | €93,950 | +€26,758 | +39.8% |
| Cash at bank and in hand | 54/58 | €4,759 | €3,591 | -€1,168 | -24.5% |
| Deferred charges and accrued income | 490/1 | €353 | €359 | +€6 | +1.7% |
| Total equity and liabilities | 10/49 | €94,082 | €135,603 | +€41,521 | +44.1% |
| Equity | 10/15 | €60,467 | €91,827 | +€31,360 | +51.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €52,200 | €83,200 | +€31,000 | +59.4% |
| Distributable reserves | 133 | €52,200 | €83,200 | +€31,000 | +59.4% |
| Profit (loss) carried forward | 14 | €207 | €567 | +€360 | +174% |
| Amounts payable | 17/49 | €33,615 | €43,776 | +€10,161 | +30.2% |
| Amounts payable after more than one year | 17 | - | €15,423 | +€15,423 | |
| Financial debts | 170/4 | - | €15,423 | +€15,423 | |
| Amounts payable within one year | 42/48 | €33,615 | €28,353 | -€5,262 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,749 | +€7,749 | |
| Trade debts | 44 | €6,159 | €12,224 | +€6,065 | +98.5% |
| Suppliers | 440/4 | €6,159 | €12,224 | +€6,065 | +98.5% |
| Taxes, remuneration and social security | 45 | €19,456 | €8,380 | -€11,076 | -56.9% |
| Taxes | 450/3 | €15,839 | €6,952 | -€8,887 | -56.1% |
| Remuneration and social security | 454/9 | €3,617 | €1,428 | -€2,189 | -60.5% |
| Other amounts payable | 47/48 | €8,000 | - | -€8,000 | |
| Remuneration, social security and pensions | 62 | €9,800 | €21,622 | +€11,822 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,579 | - | -€1,579 | |
| Other operating charges | 640/8 | €3,976 | €1,167 | -€2,809 | -70.6% |
| Gross operating margin | 9900 | €27,384 | €55,509 | +€28,125 | +103% |
| Operating profit (loss) | 9901 | €12,029 | €32,720 | +€20,691 | +172% |
| Financial income | 75/76B | €2 | €16 | +€14 | +700% |
| Recurring financial income | 75 | €2 | €16 | +€14 | +700% |
| Financial charges | 65/66B | €1,057 | €1,297 | +€240 | +22.7% |
| Recurring financial charges | 65 | €1,057 | €1,297 | +€240 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €10,974 | €31,439 | +€20,465 | +186% |
| Income taxes | 67/77 | €4,838 | €79 | -€4,759 | -98.4% |
| Profit (loss) for the period | 9904 | €6,136 | €31,360 | +€25,224 | +411% |
| Profit (loss) for the period to be appropriated | 9905 | €6,136 | €31,360 | +€25,224 | +411% |
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 26 October 2026 via checked.be.