LE PIC: what changed
Two fiscal 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.
LE PIC
Largest movements
- Cash +€103,036
up €103,036 (+3128.8%), from €3,293 to €106,329
mainly Net result for the year (+€65,323) and Other debts (+€27,319)
- Tangible fixed assets -€31,181
no longer reported in 2024 (was €31,181)
of which Land and buildings: -€27,004
- Receivables within one year +€10,025
new in 2024: €10,025
- Profit (loss) carried forward +€65,323
up €65,323 (+37.1%), from -€176,083 to -€110,761
- Other debts +€27,319
up €27,319 (+13.0%), from €210,675 to €237,995
- Current portion of long-term debt -€11,190
no longer reported in 2024 (was €11,190)
- Gross operating margin +€49,639
up €49,639 (+217.5%), from €22,821 to €72,459
- Depreciation -€7,467
down €7,467 (-64.1%), from €11,645 to €4,178
- Other operating charges -€3,091
down €3,091 (-68.2%), from €4,530 to €1,439
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,529 | €181,805 | +€82,276 | +82.7% |
| Fixed assets | 21/28 | €96,236 | €65,054 | -€31,181 | -32.4% |
| Tangible fixed assets | 22/27 | €31,181 | - | -€31,181 | |
| Land and buildings | 22 | €27,004 | - | -€27,004 | |
| Furniture and vehicles | 24 | €4,178 | - | -€4,178 | |
| Financial fixed assets | 28 | €65,054 | €65,054 | = | 0.0% |
| Current assets | 29/58 | €3,293 | €116,750 | +€113,457 | +3445.3% |
| Amounts receivable within one year | 40/41 | - | €10,025 | +€10,025 | |
| Trade receivables | 40 | - | €10,025 | +€10,025 | |
| Cash at bank and in hand | 54/58 | €3,293 | €106,329 | +€103,036 | +3128.8% |
| Deferred charges and accrued income | 490/1 | - | €396 | +€396 | |
| Total equity and liabilities | 10/49 | €99,529 | €181,805 | +€82,276 | +82.7% |
| Equity | 10/15 | -€157,483 | -€92,161 | +€65,323 | +41.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,083 | -€110,761 | +€65,323 | +37.1% |
| Amounts payable | 17/49 | €257,012 | €273,965 | +€16,953 | +6.6% |
| Amounts payable after more than one year | 17 | €31,237 | €31,237 | = | 0.0% |
| Financial debts | 170/4 | €31,237 | €31,237 | = | 0.0% |
| Amounts payable within one year | 42/48 | €225,775 | €242,728 | +€16,953 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €11,190 | - | -€11,190 | |
| Trade debts | 44 | €50 | €610 | +€560 | +1119.8% |
| Suppliers | 440/4 | €50 | €610 | +€560 | +1119.8% |
| Taxes, remuneration and social security | 45 | €3,860 | €4,124 | +€263 | +6.8% |
| Taxes | 450/3 | €3,860 | €4,124 | +€263 | +6.8% |
| Other amounts payable | 47/48 | €210,675 | €237,995 | +€27,319 | +13.0% |
| Non-recurring operating income | 76A | €1,957 | €77,996 | +€76,039 | +3885.7% |
| Remuneration, social security and pensions | 62 | €6 | - | -€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,645 | €4,178 | -€7,467 | -64.1% |
| Other operating charges | 640/8 | €4,530 | €1,439 | -€3,091 | -68.2% |
| Gross operating margin | 9900 | €22,821 | €72,459 | +€49,639 | +217.5% |
| Operating profit (loss) | 9901 | €6,640 | €66,843 | +€60,203 | +906.6% |
| Financial charges | 65/66B | €2,011 | €1,567 | -€444 | -22.1% |
| Recurring financial charges | 65 | €2,011 | €1,567 | -€444 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €4,629 | €65,276 | +€60,647 | +1310.2% |
| Income taxes | 67/77 | €459 | -€47 | -€506 | |
| Profit (loss) for the period | 9904 | €4,170 | €65,323 | +€61,153 | +1466.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,170 | €65,323 | +€61,153 | +1466.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.