PC RIX: 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.
PC RIX
Largest movements
- Tangible fixed assets -€47,276
down €47,276 (-98.8%), from €47,826 to €551
of which Furniture and vehicles: -€47,216
- Financial fixed assets -€11,534
no longer reported in 2025 (was €11,534)
- Receivables within one year +€8,628
up €8,628 (+138.7%), from €6,223 to €14,851
of which Trade receivables: +€8,628
- Deferred charges and accrued income -€5,803
down €5,803 (-98.6%), from €5,884 to €81
- Cash -€3,358
down €3,358 (-13.0%), from €25,806 to €22,448
mainly Net result for the year (-€35,794) and Trade debts (-€17,369)
- Profit (loss) carried forward -€35,794
down €35,794 (-100.2%), from -€35,705 to -€71,499
- Short-term financial debts +€21,089
new in 2025: €21,089
- Trade debts -€17,369
down €17,369 (-71.7%), from €24,209 to €6,840
- Debts after one year -€13,073
down €13,073 (-41.7%), from €31,330 to €18,257
- Current portion of long-term debt -€12,053
no longer reported in 2025 (was €12,053)
- Gross operating margin -€90,638
down €90,638 (-33.8%), from €268,448 to €177,810
- Staff costs -€88,140
down €88,140 (-32.6%), from €270,123 to €181,984
- Other operating charges +€43,388
up €43,388 (+7037.6%), from €617 to €44,005
- Financial income +€17,970
up €17,970 (+24339.1%), from €74 to €18,043
of which Non-recurring financial income: +€17,749
- Depreciation -€8,821
down €8,821 (-82.6%), from €10,676 to €1,854
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 | €115,673 | €55,731 | -€59,942 | -51.8% |
| Fixed assets | 21/28 | €59,361 | €551 | -€58,810 | -99.1% |
| Tangible fixed assets | 22/27 | €47,826 | €551 | -€47,276 | -98.8% |
| Plant, machinery and equipment | 23 | €184 | €125 | -€59 | -32.3% |
| Furniture and vehicles | 24 | €47,642 | €426 | -€47,216 | -99.1% |
| Financial fixed assets | 28 | €11,534 | - | -€11,534 | |
| Current assets | 29/58 | €56,312 | €55,180 | -€1,132 | -2.0% |
| Amounts receivable after more than one year | 29 | €8,600 | €8,600 | = | 0.0% |
| Other amounts receivable | 291 | €8,600 | €8,600 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,800 | €9,201 | -€599 | -6.1% |
| Stocks | 30/36 | €9,800 | €9,201 | -€599 | -6.1% |
| Amounts receivable within one year | 40/41 | €6,223 | €14,851 | +€8,628 | +138.7% |
| Trade receivables | 40 | - | €8,628 | +€8,628 | |
| Other amounts receivable | 41 | €6,223 | €6,223 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,806 | €22,448 | -€3,358 | -13.0% |
| Deferred charges and accrued income | 490/1 | €5,884 | €81 | -€5,803 | -98.6% |
| Total equity and liabilities | 10/49 | €115,673 | €55,731 | -€59,942 | -51.8% |
| Equity | 10/15 | €9,295 | -€26,499 | -€35,794 | |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Capital | 10 | - | €45,000 | +€45,000 | |
| Issued capital | 100 | - | €45,000 | +€45,000 | |
| Contributions outside capital | 11 | €45,000 | - | -€45,000 | |
| Share premium | 1100/10 | €45,000 | - | -€45,000 | |
| Profit (loss) carried forward | 14 | -€35,705 | -€71,499 | -€35,794 | -100.2% |
| Amounts payable | 17/49 | €106,378 | €82,230 | -€24,148 | -22.7% |
| Amounts payable after more than one year | 17 | €31,330 | €18,257 | -€13,073 | -41.7% |
| Financial debts | 170/4 | €31,330 | €18,257 | -€13,073 | -41.7% |
| Amounts payable within one year | 42/48 | €75,048 | €63,973 | -€11,075 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €12,053 | - | -€12,053 | |
| Financial debts | 43 | - | €21,089 | +€21,089 | |
| Credit institutions | 430/8 | - | €21,089 | +€21,089 | |
| Trade debts | 44 | €24,209 | €6,840 | -€17,369 | -71.7% |
| Suppliers | 440/4 | €24,209 | €6,840 | -€17,369 | -71.7% |
| Taxes, remuneration and social security | 45 | €36,601 | €33,946 | -€2,656 | -7.3% |
| Taxes | 450/3 | €5,668 | €12,198 | +€6,529 | +115.2% |
| Remuneration and social security | 454/9 | €30,933 | €21,748 | -€9,185 | -29.7% |
| Other amounts payable | 47/48 | €2,185 | €2,098 | -€86 | -3.9% |
| Remuneration, social security and pensions | 62 | €270,123 | €181,984 | -€88,140 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,676 | €1,854 | -€8,821 | -82.6% |
| Other operating charges | 640/8 | €617 | €44,005 | +€43,388 | +7037.6% |
| Gross operating margin | 9900 | €268,448 | €177,810 | -€90,638 | -33.8% |
| Operating profit (loss) | 9901 | -€12,967 | -€50,032 | -€37,065 | -285.8% |
| Financial income | 75/76B | €74 | €18,043 | +€17,970 | +24339.1% |
| Recurring financial income | 75 | €74 | €294 | +€220 | +298.3% |
| Non-recurring financial income | 76B | - | €17,749 | +€17,749 | |
| Financial charges | 65/66B | €6,098 | €3,804 | -€2,294 | -37.6% |
| Recurring financial charges | 65 | €6,098 | €3,804 | -€2,294 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,991 | -€35,793 | -€16,802 | -88.5% |
| Income taxes | 67/77 | €58 | €1 | -€57 | -97.9% |
| Profit (loss) for the period | 9904 | -€19,049 | -€35,794 | -€16,745 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,049 | -€35,794 | -€16,745 | -87.9% |
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 11 October 2026 via checked.be.