PICKSELS: 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.
PICKSELS
Largest movements
- Cash -€426
down €426 (-57.2%), from €746 to €319
mainly Net result for the year (-€3,500)
- Receivables within one year -€143
down €143 (-53.4%), from €268 to €125
- Profit (loss) carried forward -€3,500
down €3,500 (-33.7%), from -€10,375 to -€13,875
- Other debts +€2,400
up €2,400 (+176%), from €1,361 to €3,761
- Trade debts +€531
up €531 (+1,923%), from €28 to €558
- Gross operating margin -€2,276
down €2,276 (-357%), from -€637 to -€2,913
- Other operating charges -€34
down €34 (-7.8%), from €433 to €400
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 | €1,014 | €444 | -€570 | -56.2% |
| Current assets | 29/58 | €1,014 | €444 | -€570 | -56.2% |
| Amounts receivable within one year | 40/41 | €268 | €125 | -€143 | -53.4% |
| Other amounts receivable | 41 | €268 | €125 | -€143 | -53.4% |
| Cash at bank and in hand | 54/58 | €746 | €319 | -€426 | -57.2% |
| Total equity and liabilities | 10/49 | €1,014 | €444 | -€570 | -56.2% |
| Equity | 10/15 | -€375 | -€3,875 | -€3,500 | -934% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,375 | -€13,875 | -€3,500 | -33.7% |
| Amounts payable | 17/49 | €1,388 | €4,319 | +€2,931 | +211% |
| Amounts payable within one year | 42/48 | €1,388 | €4,319 | +€2,931 | +211% |
| Trade debts | 44 | €28 | €558 | +€531 | +1,923% |
| Suppliers | 440/4 | €28 | €558 | +€531 | +1,923% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,361 | €3,761 | +€2,400 | +176% |
| Other operating charges | 640/8 | €433 | €400 | -€34 | -7.8% |
| Gross operating margin | 9900 | -€637 | -€2,913 | -€2,276 | -357% |
| Operating profit (loss) | 9901 | -€1,070 | -€3,313 | -€2,243 | -210% |
| Financial charges | 65/66B | €164 | €187 | +€24 | +14.5% |
| Recurring financial charges | 65 | €164 | €187 | +€24 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,234 | -€3,500 | -€2,267 | -184% |
| Profit (loss) for the period | 9904 | -€1,234 | -€3,500 | -€2,267 | -184% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,234 | -€3,500 | -€2,267 | -184% |
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 19 October 2026 via checked.be.