Parcels & Pixels: 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.
Parcels & Pixels
Largest movements
- Cash +€7,185
up €7,185 (+33.1%), from €21,682 to €28,866
mainly Net result for the year (+€9,799) and Trade debts (+€2,897)
- Receivables within one year +€6,075
up €6,075 (+88.2%), from €6,890 to €12,965
- Tangible fixed assets +€536
up €536 (+45.7%), from €1,172 to €1,708
- Profit (loss) carried forward +€9,799
up €9,799 (+64.9%), from €15,107 to €24,906
- Trade debts +€2,897
up €2,897 (+72.1%), from €4,018 to €6,915
- Tax, wage and social debts +€964
up €964 (+14.8%), from €6,522 to €7,485
- Other debts +€494
up €494 (+237.7%), from €208 to €702
- Gross operating margin -€6,106
down €6,106 (-30.0%), from €20,325 to €14,220
- Taxes -€1,214
down €1,214 (-30.0%), from €4,043 to €2,829
- Depreciation +€471
up €471 (+143.6%), from €328 to €799
- Other operating charges -€216
down €216 (-32.8%), from €660 to €444
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 | €30,855 | €45,009 | +€14,154 | +45.9% |
| Fixed assets | 21/28 | €1,472 | €2,008 | +€536 | +36.4% |
| Tangible fixed assets | 22/27 | €1,172 | €1,708 | +€536 | +45.7% |
| Furniture and vehicles | 24 | €1,172 | €1,708 | +€536 | +45.7% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €29,383 | €43,001 | +€13,618 | +46.3% |
| Amounts receivable within one year | 40/41 | €6,890 | €12,965 | +€6,075 | +88.2% |
| Trade receivables | 40 | €6,890 | €12,965 | +€6,075 | +88.2% |
| Cash at bank and in hand | 54/58 | €21,682 | €28,866 | +€7,185 | +33.1% |
| Deferred charges and accrued income | 490/1 | €811 | €1,169 | +€358 | +44.2% |
| Total equity and liabilities | 10/49 | €30,855 | €45,009 | +€14,154 | +45.9% |
| Equity | 10/15 | €20,107 | €29,906 | +€9,799 | +48.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,107 | €24,906 | +€9,799 | +64.9% |
| Amounts payable | 17/49 | €10,748 | €15,103 | +€4,355 | +40.5% |
| Amounts payable within one year | 42/48 | €10,748 | €15,103 | +€4,355 | +40.5% |
| Trade debts | 44 | €4,018 | €6,915 | +€2,897 | +72.1% |
| Suppliers | 440/4 | €4,018 | €6,915 | +€2,897 | +72.1% |
| Taxes, remuneration and social security | 45 | €6,522 | €7,485 | +€964 | +14.8% |
| Taxes | 450/3 | €6,522 | €7,485 | +€964 | +14.8% |
| Other amounts payable | 47/48 | €208 | €702 | +€494 | +237.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328 | €799 | +€471 | +143.6% |
| Other operating charges | 640/8 | €660 | €444 | -€216 | -32.8% |
| Gross operating margin | 9900 | €20,325 | €14,220 | -€6,106 | -30.0% |
| Operating profit (loss) | 9901 | €19,337 | €12,977 | -€6,360 | -32.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €187 | €350 | +€163 | +87.3% |
| Recurring financial charges | 65 | €187 | €350 | +€163 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | €19,151 | €12,628 | -€6,523 | -34.1% |
| Income taxes | 67/77 | €4,043 | €2,829 | -€1,214 | -30.0% |
| Profit (loss) for the period | 9904 | €15,107 | €9,799 | -€5,309 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,107 | €9,799 | -€5,309 | -35.1% |
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 11 October 2026 via checked.be.