PICOMET: 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.
PICOMET
Largest movements
- Current investments +€50,493
up €50,493 (+31.6%), from €160,000 to €210,493
- Cash -€25,708
down €25,708 (-68.4%), from €37,595 to €11,887
mainly Current investments (-€50,493) and Tax, wage and social debts (-€3,666)
- Receivables within one year -€6,527
down €6,527 (-73.9%), from €8,828 to €2,301
of which Trade receivables: -€6,821
- Reserves +€23,623
up €23,623 (+20.7%), from €113,896 to €137,519
- Tax, wage and social debts -€3,666
down €3,666 (-65.2%), from €5,619 to €1,953
- Gross operating margin -€1,911
down €1,911 (-5.0%), from €38,339 to €36,428
- Financial income -€1,410
down €1,410 (-30.2%), from €4,669 to €3,259
- Other operating charges +€832
up €832 (+217%), from €384 to €1,216
- Taxes +€556
up €556 (+4.2%), from €13,136 to €13,692
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 | €213,417 | €230,053 | +€16,636 | +7.8% |
| Fixed assets | 21/28 | €2,264 | €1,222 | -€1,042 | -46.0% |
| Tangible fixed assets | 22/27 | €2,264 | €1,222 | -€1,042 | -46.0% |
| Plant, machinery and equipment | 23 | €431 | - | -€431 | |
| Furniture and vehicles | 24 | €1,833 | €1,222 | -€611 | -33.3% |
| Current assets | 29/58 | €211,153 | €228,831 | +€17,678 | +8.4% |
| Stocks and contracts in progress | 3 | €2,510 | €4,150 | +€1,640 | +65.3% |
| Stocks | 30/36 | €2,510 | €4,150 | +€1,640 | +65.3% |
| Amounts receivable within one year | 40/41 | €8,828 | €2,301 | -€6,527 | -73.9% |
| Trade receivables | 40 | €6,821 | - | -€6,821 | |
| Other amounts receivable | 41 | €2,007 | €2,301 | +€294 | +14.6% |
| Current investments | 50/53 | €160,000 | €210,493 | +€50,493 | +31.6% |
| Cash at bank and in hand | 54/58 | €37,595 | €11,887 | -€25,708 | -68.4% |
| Deferred charges and accrued income | 490/1 | €2,220 | - | -€2,220 | |
| Total equity and liabilities | 10/49 | €213,417 | €230,053 | +€16,636 | +7.8% |
| Equity | 10/15 | €203,565 | €227,188 | +€23,623 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €113,896 | €137,519 | +€23,623 | +20.7% |
| Distributable reserves | 133 | €113,896 | €137,519 | +€23,623 | +20.7% |
| Profit (loss) carried forward | 14 | €83,469 | €83,469 | = | 0.0% |
| Amounts payable | 17/49 | €9,852 | €2,865 | -€6,987 | -70.9% |
| Amounts payable within one year | 42/48 | €9,852 | €2,865 | -€6,987 | -70.9% |
| Trade debts | 44 | €2,089 | €912 | -€1,177 | -56.3% |
| Suppliers | 440/4 | €2,089 | €912 | -€1,177 | -56.3% |
| Taxes, remuneration and social security | 45 | €5,619 | €1,953 | -€3,666 | -65.2% |
| Taxes | 450/3 | €5,619 | €1,953 | -€3,666 | -65.2% |
| Other amounts payable | 47/48 | €2,144 | - | -€2,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €751 | €1,042 | +€291 | +38.7% |
| Other operating charges | 640/8 | €384 | €1,216 | +€832 | +217% |
| Gross operating margin | 9900 | €38,339 | €36,428 | -€1,911 | -5.0% |
| Operating profit (loss) | 9901 | €37,204 | €34,170 | -€3,034 | -8.2% |
| Financial income | 75/76B | €4,669 | €3,259 | -€1,410 | -30.2% |
| Recurring financial income | 75 | €4,669 | €3,259 | -€1,410 | -30.2% |
| Financial charges | 65/66B | €338 | €114 | -€224 | -66.3% |
| Recurring financial charges | 65 | €338 | €114 | -€224 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €41,535 | €37,315 | -€4,220 | -10.2% |
| Income taxes | 67/77 | €13,136 | €13,692 | +€556 | +4.2% |
| Profit (loss) for the period | 9904 | €28,399 | €23,623 | -€4,776 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,399 | €23,623 | -€4,776 | -16.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.