The Pineapple Club: what changed
The Pineapple Club
Largest movements
- Deferred charges and accrued income -€2,215
down €2,215 (-100%), from €2,215 to €0
- Cash +€1,979
up €1,979 (+15.3%), from €12,966 to €14,945
mainly Net result for the year (+€2,985) and Deferred charges and accrued income (+€2,215)
- Tangible fixed assets +€1,312
new in 2025: €1,312
- Receivables within one year +€544
up €544 (+16.3%), from €3,339 to €3,883
of which Other amounts receivable: +€1,642
- Profit (loss) carried forward +€2,152
up €2,152 (+20.8%), from €10,346 to €12,499
- Trade debts +€851
up €851 (+648%), from €131 to €982
- Other debts -€714
down €714 (-46.1%), from €1,547 to €833
- Tax, wage and social debts -€670
down €670 (-16.8%), from €3,996 to €3,326
- Gross operating margin -€8,155
down €8,155 (-58.1%), from €14,029 to €5,874
- Taxes -€1,177
down €1,177 (-41.2%), from €2,855 to €1,678
- Other operating charges +€915
new in 2025: €915
- Depreciation +€183
new in 2025: €183
- Financial charges +€162
up €162 (+1,680%), from €10 to €171
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 | €18,520 | €20,140 | +€1,620 | +8.7% |
| Fixed assets | 21/28 | - | €1,312 | +€1,312 | |
| Tangible fixed assets | 22/27 | - | €1,312 | +€1,312 | |
| Plant, machinery and equipment | 23 | - | €1,312 | +€1,312 | |
| Current assets | 29/58 | €18,520 | €18,827 | +€307 | +1.7% |
| Amounts receivable within one year | 40/41 | €3,339 | €3,883 | +€544 | +16.3% |
| Trade receivables | 40 | €3,332 | €2,234 | -€1,098 | -33.0% |
| Other amounts receivable | 41 | €6 | €1,648 | +€1,642 | +26,064% |
| Cash at bank and in hand | 54/58 | €12,966 | €14,945 | +€1,979 | +15.3% |
| Deferred charges and accrued income | 490/1 | €2,215 | €0 | -€2,215 | -100% |
| Total equity and liabilities | 10/49 | €18,520 | €20,140 | +€1,620 | +8.7% |
| Equity | 10/15 | €12,846 | €14,999 | +€2,152 | +16.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,346 | €12,499 | +€2,152 | +20.8% |
| Amounts payable | 17/49 | €5,674 | €5,141 | -€533 | -9.4% |
| Amounts payable within one year | 42/48 | €5,674 | €5,141 | -€533 | -9.4% |
| Trade debts | 44 | €131 | €982 | +€851 | +648% |
| Suppliers | 440/4 | €131 | €982 | +€851 | +648% |
| Taxes, remuneration and social security | 45 | €3,996 | €3,326 | -€670 | -16.8% |
| Taxes | 450/3 | €3,996 | €3,326 | -€670 | -16.8% |
| Other amounts payable | 47/48 | €1,547 | €833 | -€714 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €183 | +€183 | |
| Other operating charges | 640/8 | - | €915 | +€915 | |
| Gross operating margin | 9900 | €14,029 | €5,874 | -€8,155 | -58.1% |
| Operating profit (loss) | 9901 | €14,029 | €4,776 | -€9,253 | -66.0% |
| Financial income | 75/76B | €15 | €58 | +€43 | +290% |
| Recurring financial income | 75 | €15 | €58 | +€43 | +290% |
| Financial charges | 65/66B | €10 | €171 | +€162 | +1,680% |
| Recurring financial charges | 65 | €10 | €171 | +€162 | +1,680% |
| Profit (loss) for the period before taxes | 9903 | €14,034 | €4,663 | -€9,371 | -66.8% |
| Income taxes | 67/77 | €2,855 | €1,678 | -€1,177 | -41.2% |
| Profit (loss) for the period | 9904 | €11,179 | €2,985 | -€8,194 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,179 | €2,985 | -€8,194 | -73.3% |
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 4 November 2026 via checked.be.