Picast: 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.
Picast
Largest movements
- Receivables within one year +€25,779
up €25,779 (+304.4%), from €8,470 to €34,249
of which Trade receivables: +€25,779
- Tax, wage and social debts +€16,872
up €16,872 (+734.3%), from €2,298 to €19,169
of which Taxes: +€12,189
- Gross operating margin +€14,468
up €14,468 (+102.2%), from €14,153 to €28,621
- Taxes +€5,033
up €5,033 (+355.9%), from €1,414 to €6,447
- Financial charges -€968
down €968 (-11.9%), from €8,102 to €7,134
- Depreciation -€365
down €365 (-75.6%), from €483 to €118
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 | €1,511,525 | €1,536,937 | +€25,412 | +1.7% |
| Fixed assets | 21/28 | €1,500,118 | €1,500,000 | -€118 | 0.0% |
| Tangible fixed assets | 22/27 | €118 | €0 | -€118 | -100.0% |
| Furniture and vehicles | 24 | €118 | €0 | -€118 | -100.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €11,408 | €36,937 | +€25,530 | +223.8% |
| Amounts receivable within one year | 40/41 | €8,470 | €34,249 | +€25,779 | +304.4% |
| Trade receivables | 40 | €8,470 | €34,249 | +€25,779 | +304.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,938 | €2,688 | -€249 | -8.5% |
| Total equity and liabilities | 10/49 | €1,511,525 | €1,536,937 | +€25,412 | +1.7% |
| Equity | 10/15 | €139,685 | €153,292 | +€13,607 | +9.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €39,685 | €53,292 | +€13,607 | +34.3% |
| Distributable reserves | 133 | €39,685 | €53,292 | +€13,607 | +34.3% |
| Amounts payable | 17/49 | €1,371,841 | €1,383,646 | +€11,805 | +0.9% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,263,821 | €1,276,566 | +€12,745 | +1.0% |
| Trade debts | 44 | €415 | €8,932 | +€8,517 | +2052.1% |
| Suppliers | 440/4 | €415 | €8,932 | +€8,517 | +2052.1% |
| Taxes, remuneration and social security | 45 | €2,298 | €19,169 | +€16,872 | +734.3% |
| Taxes | 450/3 | €2,298 | €14,487 | +€12,189 | +530.5% |
| Remuneration and social security | 454/9 | - | €4,683 | +€4,683 | |
| Other amounts payable | 47/48 | €1,261,108 | €1,248,464 | -€12,644 | -1.0% |
| Accrued charges and deferred income | 492/3 | €8,020 | €7,080 | -€940 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €483 | €118 | -€365 | -75.6% |
| Other operating charges | 640/8 | €1,282 | €1,318 | +€36 | +2.8% |
| Gross operating margin | 9900 | €14,153 | €28,621 | +€14,468 | +102.2% |
| Operating profit (loss) | 9901 | €12,388 | €27,185 | +€14,796 | +119.4% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €8,102 | €7,134 | -€968 | -11.9% |
| Recurring financial charges | 65 | €8,102 | €7,134 | -€968 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €4,286 | €20,054 | +€15,768 | +367.9% |
| Income taxes | 67/77 | €1,414 | €6,447 | +€5,033 | +355.9% |
| Profit (loss) for the period | 9904 | €2,872 | €13,607 | +€10,735 | +373.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,872 | €13,607 | +€10,735 | +373.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.