FLYING PIXEL: 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.
FLYING PIXEL
Largest movements
- Receivables within one year -€67,568
down €67,568 (-44.5%), from €151,962 to €84,394
of which Trade receivables: -€67,159
- Tangible fixed assets -€17,593
down €17,593 (-22.9%), from €76,876 to €59,283
of which Plant, machinery and equipment: -€17,410
- Other debts -€118,252
down €118,252 (-73.9%), from €160,015 to €41,763
- Profit (loss) carried forward +€61,853
up €61,853 (+53.3%), from €116,046 to €177,898
- Tax, wage and social debts -€30,433
down €30,433 (-91.4%), from €33,280 to €2,846
- Gross operating margin -€54,453
down €54,453 (-30.5%), from €178,460 to €124,007
- Taxes -€17,058
down €17,058 (-49.2%), from €34,698 to €17,639
- Depreciation +€9,524
up €9,524 (+35.2%), from €27,061 to €36,585
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.
Cash bridge derived
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 | €325,340 | €238,507 | -€86,833 | -26.7% |
| Fixed assets | 21/28 | €76,876 | €59,283 | -€17,593 | -22.9% |
| Tangible fixed assets | 22/27 | €76,876 | €59,283 | -€17,593 | -22.9% |
| Plant, machinery and equipment | 23 | €75,479 | €58,069 | -€17,410 | -23.1% |
| Furniture and vehicles | 24 | €1,397 | €1,214 | -€184 | -13.1% |
| Current assets | 29/58 | €248,464 | €179,224 | -€69,240 | -27.9% |
| Amounts receivable within one year | 40/41 | €151,962 | €84,394 | -€67,568 | -44.5% |
| Trade receivables | 40 | €140,937 | €73,778 | -€67,159 | -47.7% |
| Other amounts receivable | 41 | €11,025 | €10,616 | -€410 | -3.7% |
| Cash at bank and in hand | 54/58 | €96,363 | €94,831 | -€1,533 | -1.6% |
| Deferred charges and accrued income | 490/1 | €139 | - | -€139 | |
| Total equity and liabilities | 10/49 | €325,340 | €238,507 | -€86,833 | -26.7% |
| Equity | 10/15 | €132,046 | €193,898 | +€61,853 | +46.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,046 | €177,898 | +€61,853 | +53.3% |
| Amounts payable | 17/49 | €193,294 | €44,609 | -€148,686 | -76.9% |
| Amounts payable within one year | 42/48 | €193,294 | €44,609 | -€148,686 | -76.9% |
| Taxes, remuneration and social security | 45 | €33,280 | €2,846 | -€30,433 | -91.4% |
| Taxes | 450/3 | €33,280 | €2,846 | -€30,433 | -91.4% |
| Other amounts payable | 47/48 | €160,015 | €41,763 | -€118,252 | -73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,061 | €36,585 | +€9,524 | +35.2% |
| Other operating charges | 640/8 | €1,664 | €1,846 | +€181 | +10.9% |
| Gross operating margin | 9900 | €178,460 | €124,007 | -€54,453 | -30.5% |
| Operating profit (loss) | 9901 | €149,735 | €85,577 | -€64,158 | -42.8% |
| Financial income | 75/76B | €1,071 | - | -€1,071 | |
| Recurring financial income | 75 | €1,071 | - | -€1,071 | |
| Financial charges | 65/66B | €1,027 | €1,085 | +€58 | +5.6% |
| Recurring financial charges | 65 | €1,027 | €1,085 | +€58 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €149,779 | €84,492 | -€65,287 | -43.6% |
| Income taxes | 67/77 | €34,698 | €17,639 | -€17,058 | -49.2% |
| Profit (loss) for the period | 9904 | €115,082 | €66,853 | -€48,229 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €115,082 | €66,853 | -€48,229 | -41.9% |
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 10 October 2026 via checked.be.