PICCO BELLO CLEAN: what changed
PICCO BELLO CLEAN
Largest movements
- Receivables within one year +€4,606
up €4,606 (+40.6%), from €11,354 to €15,960
of which Other amounts receivable: +€3,347
- Cash -€1,670
down €1,670 (-5.8%), from €28,985 to €27,314
mainly Receivables within one year (-€4,606) and Other debts (-€153)
- Trade debts +€2,015
new in 2025: €2,015
- Gross operating margin -€11,151
down €11,151 (-88.1%), from €12,651 to €1,500
- Depreciation -€6,244
down €6,244 (-94.1%), from €6,639 to €395
- Financial charges -€3,411
down €3,411 (-100.0%), from €3,411 to €0
- Other operating charges -€148
down €148 (-16.9%), from €880 to €732
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,265 | €45,806 | +€2,541 | +5.9% |
| Fixed assets | 21/28 | €2,927 | €2,532 | -€395 | -13.5% |
| Tangible fixed assets | 22/27 | €395 | - | -€395 | |
| Plant, machinery and equipment | 23 | €395 | - | -€395 | |
| Financial fixed assets | 28 | €2,532 | €2,532 | = | 0.0% |
| Current assets | 29/58 | €40,338 | €43,274 | +€2,936 | +7.3% |
| Amounts receivable within one year | 40/41 | €11,354 | €15,960 | +€4,606 | +40.6% |
| Trade receivables | 40 | €6,976 | €8,236 | +€1,259 | +18.1% |
| Other amounts receivable | 41 | €4,378 | €7,724 | +€3,347 | +76.4% |
| Cash at bank and in hand | 54/58 | €28,985 | €27,314 | -€1,670 | -5.8% |
| Total equity and liabilities | 10/49 | €43,265 | €45,806 | +€2,541 | +5.9% |
| Equity | 10/15 | €41,198 | €41,571 | +€373 | +0.9% |
| Reserves | 13 | €41,198 | €41,571 | +€373 | +0.9% |
| Tax-exempt reserves | 132 | €1,735 | €1,735 | = | 0.0% |
| Distributable reserves | 133 | €39,463 | €39,836 | +€373 | +0.9% |
| Amounts payable | 17/49 | €2,067 | €4,235 | +€2,168 | +105% |
| Amounts payable within one year | 42/48 | €2,067 | €3,930 | +€1,862 | +90.1% |
| Trade debts | 44 | - | €2,015 | +€2,015 | |
| Suppliers | 440/4 | - | €2,015 | +€2,015 | |
| Taxes, remuneration and social security | 45 | €1,915 | €1,915 | = | 0.0% |
| Taxes | 450/3 | €1,915 | €1,915 | = | 0.0% |
| Other amounts payable | 47/48 | €153 | - | -€153 | |
| Accrued charges and deferred income | 492/3 | - | €305 | +€305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,639 | €395 | -€6,244 | -94.1% |
| Other operating charges | 640/8 | €880 | €732 | -€148 | -16.9% |
| Gross operating margin | 9900 | €12,651 | €1,500 | -€11,151 | -88.1% |
| Operating profit (loss) | 9901 | €5,132 | €373 | -€4,759 | -92.7% |
| Financial charges | 65/66B | €3,411 | €0 | -€3,411 | -100.0% |
| Recurring financial charges | 65 | €3,411 | €0 | -€3,411 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €1,721 | €373 | -€1,348 | -78.3% |
| Profit (loss) for the period | 9904 | €1,721 | €373 | -€1,348 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,721 | €373 | -€1,348 | -78.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.