Pice: 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.
Pice
Largest movements
- Receivables within one year -€36,147
down €36,147 (-92.6%), from €39,053 to €2,905
of which Other amounts receivable: -€30,479
- Cash -€13,286
down €13,286 (-99.2%), from €13,398 to €112
mainly Other debts (-€32,538) and Net result for the year (-€16,632)
- Stocks and contracts +€2,239
new in 2025: €2,239
- Other debts -€32,538
down €32,538 (-63.3%), from €51,429 to €18,891
- Profit (loss) carried forward -€16,632
down €16,632 (-307%), from -€5,413 to -€22,045
- Trade debts +€1,975
new in 2025: €1,975
- Depreciation +€6,423
new in 2025: €6,423
- Gross operating margin -€4,339
down €4,339 (-92.7%), from -€4,683 to -€9,022
- Financial income -€3,750
no longer reported in 2025 (was €3,750)
of which Financial income: -€3,750
- Other operating charges +€928
up €928 (+857%), from €108 to €1,037
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 | €52,451 | €5,256 | -€47,195 | -90.0% |
| Current assets | 29/58 | €52,451 | €5,256 | -€47,195 | -90.0% |
| Stocks and contracts in progress | 3 | - | €2,239 | +€2,239 | |
| Stocks | 30/36 | - | €2,239 | +€2,239 | |
| Amounts receivable within one year | 40/41 | €39,053 | €2,905 | -€36,147 | -92.6% |
| Trade receivables | 40 | €5,873 | €205 | -€5,668 | -96.5% |
| Other amounts receivable | 41 | €33,180 | €2,701 | -€30,479 | -91.9% |
| Cash at bank and in hand | 54/58 | €13,398 | €112 | -€13,286 | -99.2% |
| Total equity and liabilities | 10/49 | €52,451 | €5,256 | -€47,195 | -90.0% |
| Equity | 10/15 | €1,022 | -€15,610 | -€16,632 | |
| Contributions | 10/11 | €6,435 | €6,435 | = | 0.0% |
| Capital | 10 | €6,435 | - | -€6,435 | |
| Issued capital | 100 | €19,500 | - | -€19,500 | |
| Uncalled capital | 101 | €13,065 | - | -€13,065 | |
| Profit (loss) carried forward | 14 | -€5,413 | -€22,045 | -€16,632 | -307% |
| Amounts payable | 17/49 | €51,429 | €20,866 | -€30,563 | -59.4% |
| Amounts payable within one year | 42/48 | €51,429 | €20,866 | -€30,563 | -59.4% |
| Trade debts | 44 | - | €1,975 | +€1,975 | |
| Suppliers | 440/4 | - | €1,975 | +€1,975 | |
| Other amounts payable | 47/48 | €51,429 | €18,891 | -€32,538 | -63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,423 | +€6,423 | |
| Other operating charges | 640/8 | €108 | €1,037 | +€928 | +857% |
| Gross operating margin | 9900 | -€4,683 | -€9,022 | -€4,339 | -92.7% |
| Operating profit (loss) | 9901 | -€4,791 | -€16,482 | -€11,691 | -244% |
| Financial income | 75/76B | €3,750 | - | -€3,750 | |
| Recurring financial income | 75 | €3,750 | - | -€3,750 | |
| Non-recurring financial income | 76B | €3,750 | - | -€3,750 | |
| Financial charges | 65/66B | €157 | €150 | -€7 | -4.3% |
| Recurring financial charges | 65 | €157 | €150 | -€7 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,198 | -€16,632 | -€15,434 | -1,288% |
| Profit (loss) for the period | 9904 | -€1,198 | -€16,632 | -€15,434 | -1,288% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,198 | -€16,632 | -€15,434 | -1,288% |
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 22 October 2026 via checked.be.