PITTIG: what changed
Two fiscal 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.
What changed
PITTIG
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€37,930
2023 · €29,925+€8,005
Equity
€12.8m
2023 · €12.7m+€37,930
Cash
€62,004
2023 · €38,265+€23,739
Balance sheet total
€13.6m
2023 · €13.5m+€49,443
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover +€132,487
up €132,487 (+36.8%), from €360,026 to €492,513
- Services and other goods +€123,537
up €123,537 (+37.8%), from €326,433 to €449,970
- Taxes +€5,264
up €5,264, from €0 to €5,264
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.
Result 2023
€29,925
Turnover
+€132,487
Other operating income
+€3,600
Services and other goods
-€123,537
Other operating charges
-€16
Other operating items
+€748
Financial income
+€0
Financial charges
-€14
Taxes
-€5,264
Result 2024
€37,930
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.
From operations
+€23,739
Investment
€0
Financing
€0
Cash 2023
€38,265
From operations (derived)
+€23,739
Net result for the year
+€37,930
Receivables within one year
-€25,705
Deferred charges and accrued income
+€1
Trade debts
+€12,590
Other debts
+€2,555
Accrued charges and deferred income
-€3,632
Cash 2024
€62,004
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,531,808 | €13,581,251 | +€49,443 | +0.4% |
| Fixed assets | 21/28 | €13,414,075 | €13,414,075 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €13,414,075 | €13,414,075 | = | 0.0% |
| Affiliated companies | 280/1 | €13,414,075 | €13,414,075 | = | 0.0% |
| Participating interests | 280 | €13,414,075 | €13,414,075 | = | 0.0% |
| Current assets | 29/58 | €117,733 | €167,176 | +€49,443 | +42.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €74,991 | €100,696 | +€25,705 | +34.3% |
| Trade receivables | 40 | €74,991 | €97,460 | +€22,469 | +30.0% |
| Other amounts receivable | 41 | €0 | €3,236 | +€3,236 | |
| Cash at bank and in hand | 54/58 | €38,265 | €62,004 | +€23,739 | +62.0% |
| Deferred charges and accrued income | 490/1 | €4,477 | €4,476 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €13,531,808 | €13,581,251 | +€49,443 | +0.4% |
| Equity | 10/15 | €12,738,231 | €12,776,160 | +€37,930 | +0.3% |
| Contributions | 10/11 | €12,760,506 | €12,760,506 | = | 0.0% |
| Capital | 10 | €12,760,506 | €12,760,506 | = | 0.0% |
| Issued capital | 100 | €12,760,506 | €12,760,506 | = | 0.0% |
| Reserves | 13 | - | €15,654 | +€15,654 | |
| Non-distributable reserves | 130/1 | - | €15,654 | +€15,654 | |
| Legal reserve | 130 | - | €15,654 | +€15,654 | |
| Profit (loss) carried forward | 14 | -€22,275 | €0 | +€22,275 | |
| Amounts payable | 17/49 | €793,577 | €805,090 | +€11,513 | +1.5% |
| Amounts payable after more than one year | 17 | €519,116 | €519,116 | = | 0.0% |
| Financial debts | 170/4 | €519,116 | €519,116 | = | 0.0% |
| Other loans | 174 | €519,116 | €519,116 | = | 0.0% |
| Amounts payable within one year | 42/48 | €269,159 | €284,303 | +€15,145 | +5.6% |
| Trade debts | 44 | €104,648 | €117,238 | +€12,590 | +12.0% |
| Suppliers | 440/4 | €104,648 | €117,238 | +€12,590 | +12.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €164,511 | €167,066 | +€2,555 | +1.6% |
| Accrued charges and deferred income | 492/3 | €5,302 | €1,671 | -€3,632 | -68.5% |
| Operating income | 70/76A | €360,026 | €496,113 | +€136,087 | +37.8% |
| Turnover | 70 | €360,026 | €492,513 | +€132,487 | +36.8% |
| Other operating income | 74 | €0 | €3,600 | +€3,600 | |
| Operating charges | 60/66A | €328,251 | €451,056 | +€122,805 | +37.4% |
| Services and other goods | 61 | €326,433 | €449,970 | +€123,537 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,069 | €1,086 | +€16 | +1.5% |
| Non-recurring operating charges | 66A | €748 | €0 | -€748 | -100.0% |
| Operating profit (loss) | 9901 | €31,775 | €45,057 | +€13,282 | +41.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Income from current assets | 751 | - | €0 | +€0 | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €1,850 | €1,864 | +€14 | +0.7% |
| Recurring financial charges | 65 | €1,850 | €1,864 | +€14 | +0.7% |
| Debt charges | 650 | €1,702 | €1,671 | -€32 | -1.9% |
| Other financial charges | 652/9 | €148 | €193 | +€45 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €29,925 | €43,194 | +€13,269 | +44.3% |
| Income taxes | 67/77 | €0 | €5,264 | +€5,264 | |
| Taxes | 670/3 | €0 | €5,264 | +€5,264 | |
| Profit (loss) for the period | 9904 | €29,925 | €37,930 | +€8,005 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,925 | €37,930 | +€8,005 | +26.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.