W. Pintens: 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.
W. Pintens
Largest movements
- Cash +€7,127
up €7,127 (+8.2%), from €87,419 to €94,546
mainly Net result for the year (+€9,119) and Other debts (+€4,664)
- Reserves +€9,119
up €9,119 (+2.5%), from €359,823 to €368,942
- Other debts +€4,664
up €4,664 (+109%), from €4,284 to €8,949
- Gross operating margin -€3,019
down €3,019 (-14.9%), from €20,202 to €17,183
- Taxes -€824
down €824 (-14.8%), from €5,554 to €4,730
- Depreciation +€612
up €612 (+25.3%), from €2,415 to €3,027
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 | €383,671 | €394,697 | +€11,026 | +2.9% |
| Fixed assets | 21/28 | €295,845 | €299,318 | +€3,473 | +1.2% |
| Tangible fixed assets | 22/27 | €293,695 | €297,168 | +€3,473 | +1.2% |
| Plant, machinery and equipment | 23 | €1,500 | €5,019 | +€3,519 | +235% |
| Furniture and vehicles | 24 | €3,590 | €1,428 | -€2,162 | -60.2% |
| Other tangible fixed assets | 26 | €288,605 | €290,721 | +€2,116 | +0.7% |
| Financial fixed assets | 28 | €2,150 | €2,150 | = | 0.0% |
| Current assets | 29/58 | €87,826 | €95,379 | +€7,553 | +8.6% |
| Amounts receivable within one year | 40/41 | - | €415 | +€415 | |
| Other amounts receivable | 41 | - | €415 | +€415 | |
| Cash at bank and in hand | 54/58 | €87,419 | €94,546 | +€7,127 | +8.2% |
| Deferred charges and accrued income | 490/1 | €407 | €418 | +€11 | +2.8% |
| Total equity and liabilities | 10/49 | €383,671 | €394,697 | +€11,026 | +2.9% |
| Equity | 10/15 | €372,223 | €381,342 | +€9,119 | +2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €359,823 | €368,942 | +€9,119 | +2.5% |
| Distributable reserves | 133 | €359,823 | €368,942 | +€9,119 | +2.5% |
| Amounts payable | 17/49 | €11,448 | €13,355 | +€1,907 | +16.7% |
| Amounts payable within one year | 42/48 | €11,448 | €13,355 | +€1,907 | +16.7% |
| Trade debts | 44 | €1,113 | €1,484 | +€371 | +33.3% |
| Suppliers | 440/4 | €1,113 | €1,484 | +€371 | +33.3% |
| Taxes, remuneration and social security | 45 | €6,051 | €2,922 | -€3,129 | -51.7% |
| Taxes | 450/3 | €6,051 | €2,922 | -€3,129 | -51.7% |
| Other amounts payable | 47/48 | €4,284 | €8,949 | +€4,664 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,415 | €3,027 | +€612 | +25.3% |
| Other operating charges | 640/8 | €673 | €695 | +€22 | +3.3% |
| Gross operating margin | 9900 | €20,202 | €17,183 | -€3,019 | -14.9% |
| Operating profit (loss) | 9901 | €17,114 | €13,461 | -€3,653 | -21.3% |
| Financial income | 75/76B | €550 | €493 | -€57 | -10.4% |
| Recurring financial income | 75 | €550 | €493 | -€57 | -10.4% |
| Financial charges | 65/66B | €95 | €105 | +€10 | +10.1% |
| Recurring financial charges | 65 | €95 | €105 | +€10 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €17,569 | €13,849 | -€3,720 | -21.2% |
| Income taxes | 67/77 | €5,554 | €4,730 | -€824 | -14.8% |
| Profit (loss) for the period | 9904 | €12,015 | €9,119 | -€2,896 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,015 | €9,119 | -€2,896 | -24.1% |
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 20 October 2026 via checked.be.