PYNCKET IT: 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.
PYNCKET IT
Largest movements
- Cash +€27,739
up €27,739 (+66.7%), from €41,589 to €69,328
mainly Net result for the year (+€37,473) and Debts after one year (+€17,139)
- Tangible fixed assets +€15,085
up €15,085 (+36.5%), from €41,293 to €56,378
of which Furniture and vehicles: +€17,151
- Receivables within one year -€2,264
down €2,264 (-14.0%), from €16,179 to €13,915
of which Other amounts receivable: -€5,637
- Deferred charges and accrued income +€2,045
up €2,045 (+374%), from €546 to €2,591
- Debts after one year +€17,139
up €17,139 (+111%), from €15,471 to €32,610
- Reserves +€12,473
up €12,473 (+25.1%), from €49,673 to €62,146
- Other debts +€10,714
up €10,714 (+75.0%), from €14,286 to €25,000
- Gross operating margin +€6,612
up €6,612 (+11.5%), from €57,644 to €64,256
- Financial charges +€1,145
up €1,145 (+177%), from €645 to €1,790
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 | €99,607 | €142,213 | +€42,606 | +42.8% |
| Fixed assets | 21/28 | €41,293 | €56,378 | +€15,085 | +36.5% |
| Tangible fixed assets | 22/27 | €41,293 | €56,378 | +€15,085 | +36.5% |
| Land and buildings | 22 | €14,924 | €12,858 | -€2,066 | -13.8% |
| Furniture and vehicles | 24 | €26,369 | €43,520 | +€17,151 | +65.0% |
| Current assets | 29/58 | €58,314 | €85,835 | +€27,520 | +47.2% |
| Amounts receivable within one year | 40/41 | €16,179 | €13,915 | -€2,264 | -14.0% |
| Trade receivables | 40 | €9,150 | €12,524 | +€3,374 | +36.9% |
| Other amounts receivable | 41 | €7,029 | €1,392 | -€5,637 | -80.2% |
| Cash at bank and in hand | 54/58 | €41,589 | €69,328 | +€27,739 | +66.7% |
| Deferred charges and accrued income | 490/1 | €546 | €2,591 | +€2,045 | +374% |
| Total equity and liabilities | 10/49 | €99,607 | €142,213 | +€42,606 | +42.8% |
| Equity | 10/15 | €55,873 | €68,346 | +€12,473 | +22.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,673 | €62,146 | +€12,473 | +25.1% |
| Distributable reserves | 133 | €49,673 | €62,146 | +€12,473 | +25.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,734 | €73,867 | +€30,133 | +68.9% |
| Amounts payable after more than one year | 17 | €15,471 | €32,610 | +€17,139 | +111% |
| Financial debts | 170/4 | €15,471 | €32,610 | +€17,139 | +111% |
| Amounts payable within one year | 42/48 | €28,115 | €41,257 | +€13,142 | +46.7% |
| Current portion of amounts payable after more than one year | 42 | €8,332 | €9,615 | +€1,283 | +15.4% |
| Trade debts | 44 | €136 | €18 | -€118 | -86.8% |
| Suppliers | 440/4 | €136 | €18 | -€118 | -86.8% |
| Taxes, remuneration and social security | 45 | €5,361 | €6,624 | +€1,263 | +23.6% |
| Taxes | 450/3 | €5,361 | €6,624 | +€1,263 | +23.6% |
| Other amounts payable | 47/48 | €14,286 | €25,000 | +€10,714 | +75.0% |
| Accrued charges and deferred income | 492/3 | €148 | €0 | -€148 | -100% |
| Non-recurring operating income | 76A | - | €6,732 | +€6,732 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,492 | €12,710 | +€218 | +1.7% |
| Other operating charges | 640/8 | €757 | €428 | -€329 | -43.5% |
| Gross operating margin | 9900 | €57,644 | €64,256 | +€6,612 | +11.5% |
| Operating profit (loss) | 9901 | €44,395 | €51,119 | +€6,724 | +15.1% |
| Financial income | 75/76B | €63 | €0 | -€63 | -100.0% |
| Recurring financial income | 75 | €63 | €0 | -€63 | -100.0% |
| Financial charges | 65/66B | €645 | €1,790 | +€1,145 | +177% |
| Recurring financial charges | 65 | €645 | €1,790 | +€1,145 | +177% |
| Profit (loss) for the period before taxes | 9903 | €43,813 | €49,329 | +€5,516 | +12.6% |
| Income taxes | 67/77 | €11,316 | €11,856 | +€539 | +4.8% |
| Profit (loss) for the period | 9904 | €32,496 | €37,473 | +€4,977 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,496 | €37,473 | +€4,977 | +15.3% |
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 15 October 2026 via checked.be.