PITTERY ZUIENKERKE: 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.
PITTERY ZUIENKERKE
Largest movements
- Cash +€18,382
up €18,382 (+15.5%), from €118,799 to €137,181
mainly Net result for the year (+€27,515) and Depreciation (+€6,300)
- Tangible fixed assets -€6,300
down €6,300 (-10.4%), from €60,662 to €54,362
- Reserves +€27,515
up €27,515 (+27.3%), from €100,714 to €128,230
- Trade debts -€10,215
down €10,215 (-100%), from €10,215 to €0
- Tax, wage and social debts -€8,135
down €8,135 (-58.5%), from €13,914 to €5,779
- Gross operating margin -€14,961
down €14,961 (-22.2%), from €67,299 to €52,338
- Taxes -€5,012
down €5,012 (-28.1%), from €17,852 to €12,840
- Financial charges -€1,185
down €1,185 (-31.0%), from €3,824 to €2,640
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,820 | €202,485 | +€10,665 | +5.6% |
| Fixed assets | 21/28 | €66,124 | €59,824 | -€6,300 | -9.5% |
| Tangible fixed assets | 22/27 | €60,662 | €54,362 | -€6,300 | -10.4% |
| Land and buildings | 22 | €60,662 | €54,362 | -€6,300 | -10.4% |
| Financial fixed assets | 28 | €5,462 | €5,462 | = | 0.0% |
| Current assets | 29/58 | €125,696 | €142,661 | +€16,965 | +13.5% |
| Amounts receivable within one year | 40/41 | €6,754 | €5,334 | -€1,420 | -21.0% |
| Trade receivables | 40 | €6,754 | €5,334 | -€1,420 | -21.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €118,799 | €137,181 | +€18,382 | +15.5% |
| Deferred charges and accrued income | 490/1 | €143 | €146 | +€3 | +2.0% |
| Total equity and liabilities | 10/49 | €191,820 | €202,485 | +€10,665 | +5.6% |
| Equity | 10/15 | €131,664 | €159,180 | +€27,515 | +20.9% |
| Contributions | 10/11 | €30,950 | €30,950 | = | 0.0% |
| Reserves | 13 | €100,714 | €128,230 | +€27,515 | +27.3% |
| Distributable reserves | 133 | €100,714 | €128,230 | +€27,515 | +27.3% |
| Amounts payable | 17/49 | €60,156 | €43,305 | -€16,851 | -28.0% |
| Amounts payable within one year | 42/48 | €55,840 | €39,146 | -€16,694 | -29.9% |
| Trade debts | 44 | €10,215 | €0 | -€10,215 | -100% |
| Suppliers | 440/4 | €10,215 | €0 | -€10,215 | -100% |
| Taxes, remuneration and social security | 45 | €13,914 | €5,779 | -€8,135 | -58.5% |
| Taxes | 450/3 | €13,914 | €5,779 | -€8,135 | -58.5% |
| Other amounts payable | 47/48 | €31,712 | €33,367 | +€1,656 | +5.2% |
| Accrued charges and deferred income | 492/3 | €4,315 | €4,159 | -€157 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,300 | €6,300 | = | 0.0% |
| Other operating charges | 640/8 | €3,265 | €3,165 | -€99 | -3.0% |
| Gross operating margin | 9900 | €67,299 | €52,338 | -€14,961 | -22.2% |
| Operating profit (loss) | 9901 | €57,734 | €42,872 | -€14,862 | -25.7% |
| Financial income | 75/76B | €151 | €123 | -€28 | -18.6% |
| Recurring financial income | 75 | €151 | €123 | -€28 | -18.6% |
| Financial charges | 65/66B | €3,824 | €2,640 | -€1,185 | -31.0% |
| Recurring financial charges | 65 | €3,824 | €2,640 | -€1,185 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €54,061 | €40,355 | -€13,706 | -25.4% |
| Income taxes | 67/77 | €17,852 | €12,840 | -€5,012 | -28.1% |
| Profit (loss) for the period | 9904 | €36,209 | €27,515 | -€8,693 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,209 | €27,515 | -€8,693 | -24.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.