PICK EAT: 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.
PICK EAT
Largest movements
- Tangible fixed assets +€18,127
up €18,127 (+126%), from €14,394 to €32,521
of which Other tangible fixed assets: +€15,303
- Receivables within one year -€4,657
down €4,657 (-17.0%), from €27,443 to €22,786
of which Other amounts receivable: -€10,031
- Cash +€1,187
up €1,187 (+22.4%), from €5,309 to €6,496
mainly Current portion of long-term debt (+€27,912) and Trade debts (+€7,149)
- Current portion of long-term debt +€27,912
up €27,912 (+193%), from €14,435 to €42,346
- Debts after one year -€21,500
no longer reported in 2025 (was €21,500)
- Trade debts +€7,149
up €7,149 (+1,025%), from €698 to €7,847
- Profit (loss) carried forward +€2,012
up €2,012, from -€283 to €1,729
- Gross operating margin -€4,260
down €4,260 (-13.8%), from €30,760 to €26,500
- Other operating charges +€1,569
up €1,569 (+405%), from €387 to €1,957
- Depreciation +€1,283
up €1,283 (+23.1%), from €5,541 to €6,823
- Staff costs -€866
down €866 (-5.8%), from €14,911 to €14,045
- Financial charges -€603
down €603 (-29.8%), from €2,022 to €1,418
of which Financial charges: -€313
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 | €56,700 | €71,922 | +€15,222 | +26.8% |
| Fixed assets | 21/28 | €22,814 | €40,940 | +€18,127 | +79.5% |
| Tangible fixed assets | 22/27 | €14,394 | €32,521 | +€18,127 | +126% |
| Plant, machinery and equipment | 23 | €1,924 | €8,253 | +€6,329 | +329% |
| Furniture and vehicles | 24 | €7,236 | €3,731 | -€3,505 | -48.4% |
| Other tangible fixed assets | 26 | €5,234 | €20,536 | +€15,303 | +292% |
| Financial fixed assets | 28 | €8,420 | €8,420 | = | 0.0% |
| Current assets | 29/58 | €33,886 | €30,981 | -€2,905 | -8.6% |
| Amounts receivable within one year | 40/41 | €27,443 | €22,786 | -€4,657 | -17.0% |
| Trade receivables | 40 | €14,718 | €20,092 | +€5,374 | +36.5% |
| Other amounts receivable | 41 | €12,725 | €2,694 | -€10,031 | -78.8% |
| Cash at bank and in hand | 54/58 | €5,309 | €6,496 | +€1,187 | +22.4% |
| Deferred charges and accrued income | 490/1 | €1,133 | €1,699 | +€566 | +49.9% |
| Total equity and liabilities | 10/49 | €56,700 | €71,922 | +€15,222 | +26.8% |
| Equity | 10/15 | €18,317 | €20,329 | +€2,012 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€283 | €1,729 | +€2,012 | |
| Amounts payable | 17/49 | €38,383 | €51,593 | +€13,210 | +34.4% |
| Amounts payable after more than one year | 17 | €21,500 | - | -€21,500 | |
| Financial debts | 170/4 | €21,500 | - | -€21,500 | |
| Amounts payable within one year | 42/48 | €16,883 | €51,593 | +€34,710 | +206% |
| Current portion of amounts payable after more than one year | 42 | €14,435 | €42,346 | +€27,912 | +193% |
| Trade debts | 44 | €698 | €7,847 | +€7,149 | +1,025% |
| Suppliers | 440/4 | €698 | €7,847 | +€7,149 | +1,025% |
| Taxes, remuneration and social security | 45 | €1,751 | €1,400 | -€351 | -20.1% |
| Remuneration and social security | 454/9 | €1,751 | €1,400 | -€351 | -20.1% |
| Remuneration, social security and pensions | 62 | €14,911 | €14,045 | -€866 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,541 | €6,823 | +€1,283 | +23.1% |
| Other operating charges | 640/8 | €387 | €1,957 | +€1,569 | +405% |
| Gross operating margin | 9900 | €30,760 | €26,500 | -€4,260 | -13.8% |
| Operating profit (loss) | 9901 | €9,920 | €3,674 | -€6,246 | -63.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -61.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -61.4% |
| Financial charges | 65/66B | €2,022 | €1,418 | -€603 | -29.8% |
| Recurring financial charges | 65 | €1,732 | €1,418 | -€313 | -18.1% |
| Non-recurring financial charges | 66B | €290 | - | -€290 | |
| Profit (loss) for the period before taxes | 9903 | €7,900 | €2,256 | -€5,643 | -71.4% |
| Income taxes | 67/77 | - | €244 | +€244 | |
| Profit (loss) for the period | 9904 | €7,900 | €2,012 | -€5,888 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,900 | €2,012 | -€5,888 | -74.5% |
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 18 October 2026 via checked.be.