PINGA & CO: what changed
What changed
PINGA & CO
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€5,686
2024 · -€1,908+€7,595
Equity
-€24,666
2024 · -€30,352+€5,686
Cash
-
2024 · €52-€52
Balance sheet total
€98,687
2024 · €101,057-€2,370
Largest movements
Assets
- Deferred charges and accrued income -€1,308
down €1,308 (-69.5%), from €1,881 to €573
- Receivables within one year -€1,090
down €1,090 (-38.8%), from €2,813 to €1,723
Equity and liabilities
- Other debts -€5,802
down €5,802 (-5.1%), from €112,818 to €107,015
- Profit (loss) carried forward +€5,686
up €5,686 (+12.2%), from -€46,510 to -€40,823
- Tax, wage and social debts -€2,074
down €2,074 (-21.4%), from €9,706 to €7,632
of which Remuneration and social security: -€3,824
- Trade debts -€1,376
down €1,376 (-21.7%), from €6,335 to €4,958
- Short-term financial debts +€1,197
new in 2025: €1,197
Income statement
- Gross operating margin +€8,609
up €8,609 (+327%), from €2,634 to €11,244
- Depreciation +€1,695
up €1,695 (+150%), from €1,127 to €2,821
- Other operating charges -€1,040
down €1,040 (-54.5%), from €1,910 to €870
- Taxes +€401
up €401 (+140%), from €287 to €688
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.
Result 2024
-€1,908
Gross operating margin
+€8,609
Depreciation
-€1,695
Other operating charges
+€1,040
Financial income
-€1
Financial charges
+€42
Taxes
-€401
Result 2025
€5,686
raises the resultlowers the result
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.
From operations
+€1,653
Investment
-€2,901
Financing
+€1,197
Cash 2024
€52
From operations (derived)
+€1,653
Net result for the year
+€5,686
Depreciation
+€2,821
Receivables within one year
+€1,090
Deferred charges and accrued income
+€1,308
Trade debts
-€1,376
Tax, wage and social debts
-€2,074
Other debts
-€5,802
Investment (derived)
-€2,901
Investment in fixed assets (net)
-€2,901
Financing
+€1,197
Short-term financial debts
+€1,197
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,057 | €98,687 | -€2,370 | -2.3% |
| Fixed assets | 21/28 | €96,312 | €96,391 | +€80 | +0.1% |
| Tangible fixed assets | 22/27 | €6,012 | €6,091 | +€80 | +1.3% |
| Plant, machinery and equipment | 23 | €4,886 | €3,993 | -€892 | -18.3% |
| Furniture and vehicles | 24 | €1,126 | €2,098 | +€972 | +86.3% |
| Financial fixed assets | 28 | €90,300 | €90,300 | = | 0.0% |
| Current assets | 29/58 | €4,745 | €2,296 | -€2,449 | -51.6% |
| Amounts receivable within one year | 40/41 | €2,813 | €1,723 | -€1,090 | -38.8% |
| Trade receivables | 40 | €2,813 | €1,723 | -€1,090 | -38.8% |
| Cash at bank and in hand | 54/58 | €52 | - | -€52 | |
| Deferred charges and accrued income | 490/1 | €1,881 | €573 | -€1,308 | -69.5% |
| Total equity and liabilities | 10/49 | €101,057 | €98,687 | -€2,370 | -2.3% |
| Equity | 10/15 | -€30,352 | -€24,666 | +€5,686 | +18.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,158 | €14,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,158 | €14,158 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,158 | €14,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,510 | -€40,823 | +€5,686 | +12.2% |
| Amounts payable | 17/49 | €131,409 | €123,353 | -€8,056 | -6.1% |
| Amounts payable within one year | 42/48 | €131,409 | €123,353 | -€8,056 | -6.1% |
| Financial debts | 43 | - | €1,197 | +€1,197 | |
| Credit institutions | 430/8 | - | €1,197 | +€1,197 | |
| Trade debts | 44 | €6,335 | €4,958 | -€1,376 | -21.7% |
| Suppliers | 440/4 | €6,335 | €4,958 | -€1,376 | -21.7% |
| Advances received on contracts in progress | 46 | €2,550 | €2,550 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,706 | €7,632 | -€2,074 | -21.4% |
| Taxes | 450/3 | €3,372 | €5,122 | +€1,750 | +51.9% |
| Remuneration and social security | 454/9 | €6,334 | €2,510 | -€3,824 | -60.4% |
| Other amounts payable | 47/48 | €112,818 | €107,015 | -€5,802 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,127 | €2,821 | +€1,695 | +150% |
| Other operating charges | 640/8 | €1,910 | €870 | -€1,040 | -54.5% |
| Gross operating margin | 9900 | €2,634 | €11,244 | +€8,609 | +327% |
| Operating profit (loss) | 9901 | -€402 | €7,553 | +€7,955 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,220 | €1,178 | -€42 | -3.4% |
| Recurring financial charges | 65 | €1,220 | €1,178 | -€42 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,621 | €6,374 | +€7,996 | |
| Income taxes | 67/77 | €287 | €688 | +€401 | +140% |
| Profit (loss) for the period | 9904 | -€1,908 | €5,686 | +€7,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,908 | €5,686 | +€7,595 |
Next steps
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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.