PITTA MUSA: 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 MUSA
Largest movements
- Receivables after one year +€138,000
new in 2024: €138,000
- Stocks and contracts +€16,617
up €16,617 (+124.6%), from €13,334 to €29,951
- Receivables within one year -€5,973
no longer reported in 2024 (was €5,973)
of which Other amounts receivable: -€5,953
- Cash -€4,451
down €4,451 (-3.0%), from €145,972 to €141,521
mainly Receivables after one year (-€138,000) and Investment in fixed assets (net) (-€17,683)
- Other debts +€83,330
new in 2024: €83,330
- Reserves +€51,439
up €51,439 (+39.0%), from €131,860 to €183,299
- Tax, wage and social debts +€16,482
up €16,482 (+57.1%), from €28,880 to €45,361
of which Taxes: +€12,144
- Debts after one year -€9,728
down €9,728 (-54.5%), from €17,835 to €8,107
- Gross operating margin +€29,648
up €29,648 (+33.5%), from €88,466 to €118,114
- Taxes +€28,270
up €28,270 (+223.6%), from €12,643 to €40,913
- Financial income +€6,096
up €6,096 (+564457.4%), from €1 to €6,097
- Depreciation +€4,292
up €4,292 (+28.3%), from €15,166 to €19,458
- Financial charges -€1,701
down €1,701 (-73.4%), from €2,316 to €616
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,812 | €355,785 | +€140,973 | +65.6% |
| Fixed assets | 21/28 | €48,088 | €46,313 | -€1,775 | -3.7% |
| Tangible fixed assets | 22/27 | €44,088 | €42,313 | -€1,775 | -4.0% |
| Plant, machinery and equipment | 23 | €26,290 | €17,776 | -€8,513 | -32.4% |
| Furniture and vehicles | 24 | €11,827 | €20,170 | +€8,343 | +70.5% |
| Other tangible fixed assets | 26 | €5,972 | €4,367 | -€1,605 | -26.9% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €166,723 | €309,471 | +€142,748 | +85.6% |
| Amounts receivable after more than one year | 29 | - | €138,000 | +€138,000 | |
| Other amounts receivable | 291 | - | €138,000 | +€138,000 | |
| Stocks and contracts in progress | 3 | €13,334 | €29,951 | +€16,617 | +124.6% |
| Stocks | 30/36 | €13,334 | €29,951 | +€16,617 | +124.6% |
| Amounts receivable within one year | 40/41 | €5,973 | - | -€5,973 | |
| Trade receivables | 40 | €20 | - | -€20 | |
| Other amounts receivable | 41 | €5,953 | - | -€5,953 | |
| Cash at bank and in hand | 54/58 | €145,972 | €141,521 | -€4,451 | -3.0% |
| Deferred charges and accrued income | 490/1 | €1,445 | - | -€1,445 | |
| Total equity and liabilities | 10/49 | €214,812 | €355,785 | +€140,973 | +65.6% |
| Equity | 10/15 | €140,980 | €192,420 | +€51,439 | +36.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €131,860 | €183,299 | +€51,439 | +39.0% |
| Distributable reserves | 133 | €131,860 | €183,299 | +€51,439 | +39.0% |
| Profit (loss) carried forward | 14 | €2,920 | €2,920 | = | 0.0% |
| Amounts payable | 17/49 | €73,831 | €163,365 | +€89,534 | +121.3% |
| Amounts payable after more than one year | 17 | €17,835 | €8,107 | -€9,728 | -54.5% |
| Financial debts | 170/4 | €17,835 | €8,107 | -€9,728 | -54.5% |
| Amounts payable within one year | 42/48 | €55,997 | €154,372 | +€98,375 | +175.7% |
| Current portion of amounts payable after more than one year | 42 | €9,566 | €9,728 | +€162 | +1.7% |
| Trade debts | 44 | €17,551 | €15,953 | -€1,598 | -9.1% |
| Suppliers | 440/4 | €17,551 | €15,953 | -€1,598 | -9.1% |
| Taxes, remuneration and social security | 45 | €28,880 | €45,361 | +€16,482 | +57.1% |
| Taxes | 450/3 | €28,623 | €40,768 | +€12,144 | +42.4% |
| Remuneration and social security | 454/9 | €256 | €4,593 | +€4,337 | +1692.9% |
| Other amounts payable | 47/48 | - | €83,330 | +€83,330 | |
| Accrued charges and deferred income | 492/3 | - | €886 | +€886 | |
| Remuneration, social security and pensions | 62 | €6,099 | €6,317 | +€218 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,166 | €19,458 | +€4,292 | +28.3% |
| Other operating charges | 640/8 | €5,749 | €5,469 | -€280 | -4.9% |
| Gross operating margin | 9900 | €88,466 | €118,114 | +€29,648 | +33.5% |
| Operating profit (loss) | 9901 | €61,452 | €86,871 | +€25,419 | +41.4% |
| Financial income | 75/76B | €1 | €6,097 | +€6,096 | +564457.4% |
| Recurring financial income | 75 | €1 | €6,097 | +€6,096 | +564457.4% |
| Financial charges | 65/66B | €2,316 | €616 | -€1,701 | -73.4% |
| Recurring financial charges | 65 | €2,316 | €616 | -€1,701 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €59,137 | €92,352 | +€33,216 | +56.2% |
| Income taxes | 67/77 | €12,643 | €40,913 | +€28,270 | +223.6% |
| Profit (loss) for the period | 9904 | €46,494 | €51,439 | +€4,945 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,494 | €51,439 | +€4,945 | +10.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.