PITTOORS SYSTEMS: 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.
PITTOORS SYSTEMS
Largest movements
- Tangible fixed assets -€9,134
down €9,134 (-40.1%), from €22,783 to €13,649
of which Other tangible fixed assets: -€8,875
- Other debts +€23,527
up €23,527 (+19.0%), from €123,625 to €147,152
- Trade debts -€17,983
down €17,983 (-87.5%), from €20,542 to €2,559
- Current portion of long-term debt -€13,886
down €13,886 (-92.4%), from €15,035 to €1,149
- Gross operating margin -€3,854
down €3,854 (-14.7%), from €26,252 to €22,398
- Financial charges -€959
down €959 (-7.0%), from €13,605 to €12,647
- Other operating charges -€296
down €296 (-100%), from €296 to €0
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 | €296,061 | €286,101 | -€9,959 | -3.4% |
| Fixed assets | 21/28 | €22,783 | €13,649 | -€9,134 | -40.1% |
| Tangible fixed assets | 22/27 | €22,783 | €13,649 | -€9,134 | -40.1% |
| Land and buildings | 22 | €2,288 | €2,200 | -€88 | -3.8% |
| Plant, machinery and equipment | 23 | €55 | €0 | -€55 | -100% |
| Furniture and vehicles | 24 | €125 | €9 | -€117 | -93.1% |
| Other tangible fixed assets | 26 | €20,315 | €11,440 | -€8,875 | -43.7% |
| Current assets | 29/58 | €273,277 | €272,453 | -€825 | -0.3% |
| Amounts receivable within one year | 40/41 | €273,062 | €272,384 | -€678 | -0.2% |
| Trade receivables | 40 | €198,078 | €197,399 | -€678 | -0.3% |
| Other amounts receivable | 41 | €74,984 | €74,984 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €216 | €69 | -€146 | -67.9% |
| Total equity and liabilities | 10/49 | €296,061 | €286,101 | -€9,959 | -3.4% |
| Equity | 10/15 | €6,144 | €6,760 | +€617 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,066 | -€32,450 | +€617 | +1.9% |
| Amounts payable | 17/49 | €289,917 | €279,341 | -€10,576 | -3.6% |
| Amounts payable after more than one year | 17 | €1,149 | €0 | -€1,149 | -100% |
| Financial debts | 170/4 | €1,149 | €0 | -€1,149 | -100% |
| Amounts payable within one year | 42/48 | €286,203 | €279,341 | -€6,862 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €15,035 | €1,149 | -€13,886 | -92.4% |
| Financial debts | 43 | €127,001 | €128,481 | +€1,479 | +1.2% |
| Credit institutions | 430/8 | €127,001 | €128,481 | +€1,479 | +1.2% |
| Trade debts | 44 | €20,542 | €2,559 | -€17,983 | -87.5% |
| Suppliers | 440/4 | €20,542 | €2,559 | -€17,983 | -87.5% |
| Other amounts payable | 47/48 | €123,625 | €147,152 | +€23,527 | +19.0% |
| Accrued charges and deferred income | 492/3 | €2,565 | €0 | -€2,565 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,231 | €9,134 | -€96 | -1.0% |
| Other operating charges | 640/8 | €296 | €0 | -€296 | -100% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,252 | €22,398 | -€3,854 | -14.7% |
| Operating profit (loss) | 9901 | €16,725 | €13,263 | -€3,462 | -20.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €13,605 | €12,647 | -€959 | -7.0% |
| Recurring financial charges | 65 | €13,605 | €12,647 | -€959 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €3,120 | €617 | -€2,503 | -80.2% |
| Profit (loss) for the period | 9904 | €3,120 | €617 | -€2,503 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,120 | €617 | -€2,503 | -80.2% |
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 27 October 2026 via checked.be.