PICKLES: 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.
PICKLES
Largest movements
- Cash -€7,026
down €7,026 (-90.4%), from €7,772 to €746
mainly Net result for the year (-€8,379) and Tax, wage and social debts (-€173)
- Tangible fixed assets -€1,315
down €1,315 (-73.2%), from €1,795 to €480
- Receivables within one year +€147
up €147 (+72.8%), from €202 to €350
- Profit (loss) carried forward -€8,379
down €8,379, from €5,570 to -€2,809
- Trade debts +€202
up €202 (+18.4%), from €1,095 to €1,296
- Tax, wage and social debts -€173
down €173 (-100.0%), from €173 to €0
- Other debts +€157
up €157, from €0 to €157
- Gross operating margin +€6,796
up €6,796 (+54.5%), from -€12,462 to -€5,667
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 | €9,837 | €1,644 | -€8,194 | -83.3% |
| Fixed assets | 21/28 | €1,795 | €480 | -€1,315 | -73.2% |
| Tangible fixed assets | 22/27 | €1,795 | €480 | -€1,315 | -73.2% |
| Furniture and vehicles | 24 | €1,795 | €480 | -€1,315 | -73.2% |
| Current assets | 29/58 | €8,042 | €1,163 | -€6,879 | -85.5% |
| Amounts receivable within one year | 40/41 | €202 | €350 | +€147 | +72.8% |
| Other amounts receivable | 41 | €202 | €350 | +€147 | +72.8% |
| Cash at bank and in hand | 54/58 | €7,772 | €746 | -€7,026 | -90.4% |
| Deferred charges and accrued income | 490/1 | €67 | €67 | = | 0.0% |
| Total equity and liabilities | 10/49 | €9,837 | €1,644 | -€8,194 | -83.3% |
| Equity | 10/15 | €8,570 | €191 | -€8,379 | -97.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,570 | -€2,809 | -€8,379 | |
| Amounts payable | 17/49 | €1,267 | €1,453 | +€186 | +14.6% |
| Amounts payable within one year | 42/48 | €1,267 | €1,453 | +€186 | +14.6% |
| Trade debts | 44 | €1,095 | €1,296 | +€202 | +18.4% |
| Suppliers | 440/4 | €1,095 | €1,296 | +€202 | +18.4% |
| Taxes, remuneration and social security | 45 | €173 | €0 | -€173 | -100.0% |
| Taxes | 450/3 | €173 | €0 | -€173 | -100.0% |
| Other amounts payable | 47/48 | €0 | €157 | +€157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €1,315 | -€2 | -0.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€12,462 | -€5,667 | +€6,796 | +54.5% |
| Operating profit (loss) | 9901 | -€14,167 | -€7,381 | +€6,785 | +47.9% |
| Financial charges | 65/66B | €828 | €840 | +€12 | +1.4% |
| Recurring financial charges | 65 | €828 | €840 | +€12 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,995 | -€8,221 | +€6,774 | +45.2% |
| Income taxes | 67/77 | €173 | €158 | -€15 | -8.6% |
| Profit (loss) for the period | 9904 | -€15,167 | -€8,379 | +€6,788 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,167 | -€8,379 | +€6,788 | +44.8% |
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.