Picky Lions: 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.
Picky Lions
Largest movements
- Tangible fixed assets +€467,487
up €467,487 (+845.6%), from €55,286 to €522,773
of which Plant, machinery and equipment: +€294,480
- Cash -€247,368
down €247,368 (-25.3%), from €977,106 to €729,737
mainly Investment in fixed assets (net) (-€531,719) and Current investments (-€211,299)
- Current investments +€211,299
up €211,299 (+20.6%), from €1.0m to €1.2m
- Stocks and contracts -€109,322
down €109,322 (-10.0%), from €1.1m to €982,049
- Receivables within one year +€94,261
up €94,261 (+10.2%), from €921,029 to €1.0m
of which Trade receivables: +€84,010
- Trade debts +€196,860
up €196,860 (+7.7%), from €2.6m to €2.8m
- Reserves +€194,509
up €194,509 (+25.2%), from €773,181 to €967,691
of which Distributable reserves: +€967,691
- Tax, wage and social debts -€138,356
down €138,356 (-26.5%), from €522,272 to €383,916
of which Remuneration and social security: -€116,945
- Debts after one year +€123,518
new in 2026: €123,518
- Goods and materials -€1.8m
down €1.8m (-7.3%), from €25.4m to €23.6m
of which Purchases: -€3.0m
- Staff costs -€1.5m
down €1.5m (-31.8%), from €4.8m to €3.2m
- Turnover -€1.5m
down €1.5m (-4.8%), from €31.1m to €29.6m
- Other operating income -€1.5m
down €1.5m (-55.6%), from €2.6m to €1.2m
- Services and other goods +€1.1m
up €1.1m (+44.8%), from €2.5m to €3.6m
From the 2024 result to the 2026 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 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,069,266 | €4,490,272 | +€421,007 | +10.3% |
| Fixed assets | 21/28 | €55,786 | €527,923 | +€472,137 | +846.3% |
| Intangible fixed assets | 21 | - | €4,650 | +€4,650 | |
| Tangible fixed assets | 22/27 | €55,286 | €522,773 | +€467,487 | +845.6% |
| Plant, machinery and equipment | 23 | €55,286 | €349,766 | +€294,480 | +532.7% |
| Furniture and vehicles | 24 | - | €31,767 | +€31,767 | |
| Leasing and similar rights | 25 | - | €141,240 | +€141,240 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €500 | €500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €4,013,480 | €3,962,349 | -€51,131 | -1.3% |
| Stocks and contracts in progress | 3 | €1,091,371 | €982,049 | -€109,322 | -10.0% |
| Stocks | 30/36 | €1,091,371 | €982,049 | -€109,322 | -10.0% |
| Goods purchased for resale | 34 | €1,091,371 | €982,049 | -€109,322 | -10.0% |
| Amounts receivable within one year | 40/41 | €921,029 | €1,015,289 | +€94,261 | +10.2% |
| Trade receivables | 40 | €773,718 | €857,728 | +€84,010 | +10.9% |
| Other amounts receivable | 41 | €147,311 | €157,562 | +€10,251 | +7.0% |
| Current investments | 50/53 | €1,023,975 | €1,235,274 | +€211,299 | +20.6% |
| Other investments | 51/53 | €1,023,975 | €1,235,274 | +€211,299 | +20.6% |
| Cash at bank and in hand | 54/58 | €977,106 | €729,737 | -€247,368 | -25.3% |
| Total equity and liabilities | 10/49 | €4,069,266 | €4,490,272 | +€421,007 | +10.3% |
| Equity | 10/15 | €973,181 | €1,167,691 | +€194,509 | +20.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €773,181 | €967,691 | +€194,509 | +25.2% |
| Non-distributable reserves | 130/1 | €773,181 | - | -€773,181 | |
| Other | 1319 | €773,181 | - | -€773,181 | |
| Distributable reserves | 133 | - | €967,691 | +€967,691 | |
| Amounts payable | 17/49 | €3,096,084 | €3,322,581 | +€226,497 | +7.3% |
| Amounts payable after more than one year | 17 | - | €123,518 | +€123,518 | |
| Financial debts | 170/4 | - | €123,518 | +€123,518 | |
| Leasing and similar obligations | 172 | - | €123,518 | +€123,518 | |
| Amounts payable within one year | 42/48 | €3,096,084 | €3,199,064 | +€102,979 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | - | €23,058 | +€23,058 | |
| Trade debts | 44 | €2,570,547 | €2,767,407 | +€196,860 | +7.7% |
| Suppliers | 440/4 | €2,570,547 | €2,767,407 | +€196,860 | +7.7% |
| Advances received on contracts in progress | 46 | €3,266 | €24,683 | +€21,418 | +655.8% |
| Taxes, remuneration and social security | 45 | €522,272 | €383,916 | -€138,356 | -26.5% |
| Taxes | 450/3 | €22,906 | €1,495 | -€21,411 | -93.5% |
| Remuneration and social security | 454/9 | €499,366 | €382,421 | -€116,945 | -23.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Operating income | 70/76A | €33,754,550 | €30,808,442 | -€2.9m | -8.7% |
| Turnover | 70 | €31,145,170 | €29,643,990 | -€1.5m | -4.8% |
| Other operating income | 74 | €2,609,381 | €1,159,096 | -€1.5m | -55.6% |
| Non-recurring operating income | 76A | - | €5,355 | +€5,355 | |
| Operating charges | 60/66A | €32,724,732 | €30,533,643 | -€2.2m | -6.7% |
| Goods for resale, raw materials and consumables | 60 | €25,443,370 | €23,594,707 | -€1.8m | -7.3% |
| Purchases | 600/8 | €26,534,741 | €23,485,386 | -€3.0m | -11.5% |
| Change in stocks: decrease (increase) | 609 | -€1,091,371 | €109,322 | +€1.2m | |
| Services and other goods | 61 | €2,480,221 | €3,591,379 | +€1.1m | +44.8% |
| Remuneration, social security and pensions | 62 | €4,750,055 | €3,238,311 | -€1.5m | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,927 | €59,582 | +€57,656 | +2992.7% |
| Other operating charges | 640/8 | €49,159 | €49,663 | +€504 | +1.0% |
| Operating profit (loss) | 9901 | €1,029,819 | €274,799 | -€755,020 | -73.3% |
| Financial income | 75/76B | €32,617 | €20,121 | -€12,497 | -38.3% |
| Recurring financial income | 75 | €32,617 | €20,121 | -€12,497 | -38.3% |
| Income from financial fixed assets | 750 | €32,327 | - | -€32,327 | |
| Income from current assets | 751 | - | €18,628 | +€18,628 | |
| Other financial income | 752/9 | €290 | €1,493 | +€1,202 | +414.0% |
| Financial charges | 65/66B | €5,238 | €21,487 | +€16,248 | +310.2% |
| Recurring financial charges | 65 | €5,238 | €21,487 | +€16,248 | +310.2% |
| Debt charges | 650 | €5 | €7,346 | +€7,341 | +151054.3% |
| Other financial charges | 652/9 | €5,233 | €14,140 | +€8,907 | +170.2% |
| Profit (loss) for the period before taxes | 9903 | €1,057,198 | €273,433 | -€783,765 | -74.1% |
| Income taxes | 67/77 | €284,017 | €78,924 | -€205,093 | -72.2% |
| Taxes | 670/3 | €284,017 | €81,056 | -€202,961 | -71.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,132 | +€2,132 | |
| Profit (loss) for the period | 9904 | €773,181 | €194,509 | -€578,672 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €773,181 | €194,509 | -€578,672 | -74.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.