PYNK: what changed
PYNK
Largest movements
- Cash +€34,739
up €34,739 (+58.1%), from €59,809 to €94,548
mainly Net result for the year (+€66,954) and Tax, wage and social debts (+€21,673)
- Tangible fixed assets +€22,483
up €22,483 (+79.7%), from €28,213 to €50,696
of which Furniture and vehicles: +€21,539
- Receivables within one year +€5,321
new in 2025: €5,321
of which Trade receivables: +€4,000
- Deferred charges and accrued income +€1,834
up €1,834 (+281%), from €653 to €2,486
- Reserves +€66,954
up €66,954 (+182%), from €36,816 to €103,770
- Other debts -€26,030
down €26,030 (-100%), from €26,030 to €0
- Tax, wage and social debts +€21,673
up €21,673 (+101%), from €21,491 to €43,164
- Trade debts +€2,117
new in 2025: €2,117
- Gross operating margin +€57,212
up €57,212 (+104%), from €54,999 to €112,211
- Taxes +€11,425
up €11,425 (+82.5%), from €13,857 to €25,283
- Depreciation -€1,703
down €1,703 (-51.5%), from €3,304 to €1,601
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,675 | €153,050 | +€64,376 | +72.6% |
| Fixed assets | 21/28 | €28,213 | €50,696 | +€22,483 | +79.7% |
| Tangible fixed assets | 22/27 | €28,213 | €50,696 | +€22,483 | +79.7% |
| Plant, machinery and equipment | 23 | - | €943 | +€943 | |
| Furniture and vehicles | 24 | €28,213 | €49,753 | +€21,539 | +76.3% |
| Current assets | 29/58 | €60,461 | €102,355 | +€41,893 | +69.3% |
| Amounts receivable within one year | 40/41 | - | €5,321 | +€5,321 | |
| Trade receivables | 40 | - | €4,000 | +€4,000 | |
| Other amounts receivable | 41 | - | €1,321 | +€1,321 | |
| Cash at bank and in hand | 54/58 | €59,809 | €94,548 | +€34,739 | +58.1% |
| Deferred charges and accrued income | 490/1 | €653 | €2,486 | +€1,834 | +281% |
| Total equity and liabilities | 10/49 | €88,675 | €153,050 | +€64,376 | +72.6% |
| Equity | 10/15 | €40,816 | €107,770 | +€66,954 | +164% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €36,816 | €103,770 | +€66,954 | +182% |
| Distributable reserves | 133 | €36,816 | €103,770 | +€66,954 | +182% |
| Amounts payable | 17/49 | €47,858 | €45,280 | -€2,578 | -5.4% |
| Amounts payable within one year | 42/48 | €47,521 | €45,280 | -€2,241 | -4.7% |
| Trade debts | 44 | - | €2,117 | +€2,117 | |
| Suppliers | 440/4 | - | €2,117 | +€2,117 | |
| Taxes, remuneration and social security | 45 | €21,491 | €43,164 | +€21,673 | +101% |
| Taxes | 450/3 | €21,491 | €43,164 | +€21,673 | +101% |
| Other amounts payable | 47/48 | €26,030 | €0 | -€26,030 | -100% |
| Accrued charges and deferred income | 492/3 | €337 | €0 | -€337 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,304 | €1,601 | -€1,703 | -51.5% |
| Other operating charges | 640/8 | €915 | €465 | -€449 | -49.1% |
| Non-recurring operating charges | 66A | - | €17,880 | +€17,880 | |
| Gross operating margin | 9900 | €54,999 | €112,211 | +€57,212 | +104% |
| Operating profit (loss) | 9901 | €50,781 | €92,265 | +€41,484 | +81.7% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | €107 | €94 | -€13 | -12.6% |
| Recurring financial charges | 65 | €107 | €94 | -€13 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €50,674 | €92,236 | +€41,562 | +82.0% |
| Income taxes | 67/77 | €13,857 | €25,283 | +€11,425 | +82.5% |
| Profit (loss) for the period | 9904 | €36,816 | €66,954 | +€30,137 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,816 | €66,954 | +€30,137 | +81.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.