PICKLE: 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.
PICKLE
Largest movements
- Intangible fixed assets -€14,757
down €14,757 (-10.2%), from €145,107 to €130,351
- Cash -€4,150
down €4,150 (-92.2%), from €4,500 to €350
mainly Trade debts (-€149,119) and Net result for the year (-€18,272)
- Trade debts -€149,119
down €149,119 (-100.0%), from €149,119 to €0
- Other debts +€148,842
new in 2025: €148,842
- Profit (loss) carried forward -€18,272
down €18,272 (-455.4%), from -€4,012 to -€22,283
- Depreciation +€12,297
up €12,297 (+500.0%), from €2,459 to €14,757
- Gross operating margin -€1,798
down €1,798 (-146.1%), from -€1,231 to -€3,029
- Other operating charges +€164
up €164 (+50.9%), from €322 to €486
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 | €149,607 | €131,059 | -€18,548 | -12.4% |
| Fixed assets | 21/28 | €145,107 | €130,351 | -€14,757 | -10.2% |
| Intangible fixed assets | 21 | €145,107 | €130,351 | -€14,757 | -10.2% |
| Current assets | 29/58 | €4,500 | €708 | -€3,792 | -84.3% |
| Amounts receivable within one year | 40/41 | - | €358 | +€358 | |
| Other amounts receivable | 41 | - | €358 | +€358 | |
| Cash at bank and in hand | 54/58 | €4,500 | €350 | -€4,150 | -92.2% |
| Total equity and liabilities | 10/49 | €149,607 | €131,059 | -€18,548 | -12.4% |
| Equity | 10/15 | €488 | -€17,783 | -€18,272 | |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,012 | -€22,283 | -€18,272 | -455.4% |
| Amounts payable | 17/49 | €149,119 | €148,842 | -€277 | -0.2% |
| Amounts payable within one year | 42/48 | €149,119 | €148,842 | -€277 | -0.2% |
| Trade debts | 44 | €149,119 | €0 | -€149,119 | -100.0% |
| Suppliers | 440/4 | €149,119 | €0 | -€149,119 | -100.0% |
| Other amounts payable | 47/48 | - | €148,842 | +€148,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,459 | €14,757 | +€12,297 | +500.0% |
| Other operating charges | 640/8 | €322 | €486 | +€164 | +50.9% |
| Gross operating margin | 9900 | -€1,231 | -€3,029 | -€1,798 | -146.1% |
| Operating profit (loss) | 9901 | -€4,012 | -€18,271 | -€14,259 | -355.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1 | +€1 | |
| Recurring financial charges | 65 | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | -€4,012 | -€18,272 | -€14,260 | -355.4% |
| Profit (loss) for the period | 9904 | -€4,012 | -€18,272 | -€14,260 | -355.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,012 | -€18,272 | -€14,260 | -355.4% |
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 12 October 2026 via checked.be.