Mr. Pickles: 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.
Mr. Pickles
Largest movements
- Stocks and contracts +€9,297
up €9,297 (+80.0%), from €11,622 to €20,919
- Tangible fixed assets -€7,963
down €7,963 (-21.2%), from €37,570 to €29,607
of which Plant, machinery and equipment: -€4,225
- Cash -€6,791
down €6,791 (-65.9%), from €10,302 to €3,511
mainly Net result for the year (-€12,772) and Stocks and contracts (-€9,297)
- Profit (loss) carried forward -€12,772
down €12,772 (-11.3%), from -€113,312 to -€126,083
- Trade debts +€5,543
up €5,543 (+80.6%), from €6,881 to €12,424
- Debts after one year -€5,427
down €5,427 (-5.8%), from €94,000 to €88,573
- Other debts +€4,305
up €4,305 (+9.0%), from €47,603 to €51,908
- Tax, wage and social debts +€2,359
up €2,359 (+29.7%), from €7,931 to €10,290
of which Remuneration and social security: +€2,100
- Gross operating margin -€53,921
down €53,921 (-88.2%), from €61,162 to €7,242
- Staff costs -€39,500
down €39,500 (-99.4%), from €39,752 to €252
- Financial charges -€1,127
down €1,127 (-30.8%), from €3,652 to €2,525
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 | €64,790 | €58,837 | -€5,953 | -9.2% |
| Fixed assets | 21/28 | €42,370 | €34,407 | -€7,963 | -18.8% |
| Tangible fixed assets | 22/27 | €37,570 | €29,607 | -€7,963 | -21.2% |
| Land and buildings | 22 | €25,414 | €21,677 | -€3,737 | -14.7% |
| Plant, machinery and equipment | 23 | €12,156 | €7,930 | -€4,225 | -34.8% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €22,421 | €24,430 | +€2,009 | +9.0% |
| Stocks and contracts in progress | 3 | €11,622 | €20,919 | +€9,297 | +80.0% |
| Stocks | 30/36 | €11,622 | €20,919 | +€9,297 | +80.0% |
| Amounts receivable within one year | 40/41 | €497 | €0 | -€497 | -100% |
| Trade receivables | 40 | €497 | €0 | -€497 | -100% |
| Cash at bank and in hand | 54/58 | €10,302 | €3,511 | -€6,791 | -65.9% |
| Total equity and liabilities | 10/49 | €64,790 | €58,837 | -€5,953 | -9.2% |
| Equity | 10/15 | -€93,312 | -€106,083 | -€12,772 | -13.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,312 | -€126,083 | -€12,772 | -11.3% |
| Amounts payable | 17/49 | €158,102 | €164,920 | +€6,818 | +4.3% |
| Amounts payable after more than one year | 17 | €94,000 | €88,573 | -€5,427 | -5.8% |
| Financial debts | 170/4 | €94,000 | €88,573 | -€5,427 | -5.8% |
| Amounts payable within one year | 42/48 | €62,415 | €74,622 | +€12,207 | +19.6% |
| Trade debts | 44 | €6,881 | €12,424 | +€5,543 | +80.6% |
| Suppliers | 440/4 | €6,881 | €12,424 | +€5,543 | +80.6% |
| Taxes, remuneration and social security | 45 | €7,931 | €10,290 | +€2,359 | +29.7% |
| Taxes | 450/3 | €5,831 | €6,090 | +€259 | +4.4% |
| Remuneration and social security | 454/9 | €2,100 | €4,200 | +€2,100 | +100% |
| Other amounts payable | 47/48 | €47,603 | €51,908 | +€4,305 | +9.0% |
| Accrued charges and deferred income | 492/3 | €1,687 | €1,725 | +€38 | +2.3% |
| Remuneration, social security and pensions | 62 | €39,752 | €252 | -€39,500 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,172 | €16,172 | = | 0.0% |
| Other operating charges | 640/8 | €1,153 | €1,087 | -€66 | -5.7% |
| Gross operating margin | 9900 | €61,162 | €7,242 | -€53,921 | -88.2% |
| Operating profit (loss) | 9901 | €4,085 | -€10,269 | -€14,355 | |
| Financial income | 75/76B | €120 | €23 | -€97 | -80.9% |
| Recurring financial income | 75 | €120 | €23 | -€97 | -80.9% |
| Financial charges | 65/66B | €3,652 | €2,525 | -€1,127 | -30.8% |
| Recurring financial charges | 65 | €3,652 | €2,525 | -€1,127 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €553 | -€12,772 | -€13,325 | |
| Profit (loss) for the period | 9904 | €553 | -€12,772 | -€13,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €553 | -€12,772 | -€13,325 |
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.