PITTS: 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.
PITTS
Largest movements
- Tangible fixed assets -€11,357
down €11,357 (-3.5%), from €328,101 to €316,745
- Other debts -€10,881
down €10,881 (-5.4%), from €200,885 to €190,004
- Gross operating margin +€5,700
up €5,700 (+80.3%), from €7,098 to €12,798
- Taxes +€1,452
new in 2025: €1,452
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.
Cash bridge derived
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 | €330,522 | €318,838 | -€11,684 | -3.5% |
| Fixed assets | 21/28 | €328,145 | €316,788 | -€11,357 | -3.5% |
| Tangible fixed assets | 22/27 | €328,101 | €316,745 | -€11,357 | -3.5% |
| Land and buildings | 22 | €328,101 | €316,745 | -€11,357 | -3.5% |
| Financial fixed assets | 28 | €44 | €44 | = | 0.0% |
| Current assets | 29/58 | €2,377 | €2,050 | -€327 | -13.8% |
| Cash at bank and in hand | 54/58 | €2,377 | €2,050 | -€327 | -13.8% |
| Total equity and liabilities | 10/49 | €330,522 | €318,838 | -€11,684 | -3.5% |
| Equity | 10/15 | €128,469 | €126,318 | -€2,151 | -1.7% |
| Contributions | 10/11 | €183,600 | €183,600 | = | 0.0% |
| Reserves | 13 | €32,860 | €32,860 | = | 0.0% |
| Distributable reserves | 133 | €32,860 | €32,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,991 | -€90,142 | -€2,151 | -2.4% |
| Amounts payable | 17/49 | €202,053 | €192,520 | -€9,533 | -4.7% |
| Amounts payable within one year | 42/48 | €202,053 | €192,520 | -€9,533 | -4.7% |
| Trade debts | 44 | €1,168 | €1,064 | -€104 | -8.9% |
| Suppliers | 440/4 | €1,168 | €1,064 | -€104 | -8.9% |
| Taxes, remuneration and social security | 45 | - | €1,452 | +€1,452 | |
| Taxes | 450/3 | - | €1,452 | +€1,452 | |
| Other amounts payable | 47/48 | €200,885 | €190,004 | -€10,881 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,204 | €12,285 | +€81 | +0.7% |
| Other operating charges | 640/8 | €1,235 | €1,167 | -€68 | -5.5% |
| Gross operating margin | 9900 | €7,098 | €12,798 | +€5,700 | +80.3% |
| Operating profit (loss) | 9901 | -€6,341 | -€654 | +€5,687 | +89.7% |
| Financial charges | 65/66B | €55 | €45 | -€10 | -17.9% |
| Recurring financial charges | 65 | €55 | €45 | -€10 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,396 | -€699 | +€5,697 | +89.1% |
| Income taxes | 67/77 | - | €1,452 | +€1,452 | |
| Profit (loss) for the period | 9904 | -€6,396 | -€2,151 | +€4,245 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,396 | -€2,151 | +€4,245 | +66.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.